Asset Purchase Agreement between KNOLOGY BROADBAND OF CALIFORNIA, INC. And ORANGE BROADBAND, INC.The Uniform Commercial Code has become the "forgotten code" when it comes to agreements to acquire a business in an asset purchase transaction. Section 5.18 Purchase Orders. ASSET PURCHASE AGREEMENT between ORANGE GLO INTERNATIONAL, INC. In an asset purchase, the purchaser only acquires the assets and liabilities it identifies and agrees to acquire and assume from the seller. Food and Nutrition Services is a federal food assistance program that provides low-income families buy the food they need for a nutritionally adequate diet. The agreement describes the assets that will be purchased, including important details like price, warranties, and breach of contract provisions.