This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.
Asset Purchase In M\u0026amp;a In King
Category:
State:
Multi-State
County:
King
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
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FAQ
The biggest difference is that an SPA is the sale of all shares, and an APA is the sale of selected assets. Therefore, they are both different transactions and have different procedures.
Asset management is the process of planning and controlling the acquisition, operation, maintenance, renewal, and disposal of organizational assets. This process improves the delivery potential of assets and minimizes the costs and risks involved.
The Procurement process provides a basic Asset Management lifecycle for procuring assets. It uses related actions on a corresponding Configuration Management process, so you need to ensure that the default process for each CI type you want to use with this process includes these actions.