Seller has delivered to the Buyer correct and complete copies of the Leases and each lease is legal, valid, binding, enforceable, and in full force and effect. A sample asset purchase agreement is a legal document outlining the provisions overseeing the sale and purchase of specific assets between two parties.TABLE OF CONTENTS. Page. An Asset Purchase Agreement is a legally binding contract between a buyer and a seller that details the terms and conditions of the sale of a business's assets. Buying or selling company assets? Use this Asset Purchase Agreement to finalize the terms of the transaction. Filed with the Securities and Exchange Commission.