The Asset Purchase Agreement in Ohio is a legal document that outlines the terms under which a buyer acquires substantially all assets of a seller's business. This form facilitates the transfer of assets such as equipment, inventory, contract rights, and goodwill, while ensuring that both parties are clear on the liabilities assumed and responsibilities transferred. Key features include detailed sections outlining the assets being purchased, the purchase price, payment terms, and the agreements related to the transaction such as non-competition clauses. Users must modify the form to fit specific facts, delete non-applicable provisions, and ensure correctness in dates and financial terms. This agreement is particularly useful for attorneys, partners, business owners, associates, paralegals, and legal assistants as it provides a structured approach to asset transactions, helping to protect their interests and ensuring compliance with relevant laws. By following the clear instructions provided, users can effectively navigate the complexities of asset sales in Ohio.