The Asset Purchase Agreement format in Riverside is a structured document designed to facilitate the sale of business assets from a Seller to a Buyer. Key features include the identification of assets, liabilities, purchase price allocation, and payment terms. The form outlines sections for detailing the assets being sold, any excluded assets, and guarantees related to financial obligations. It also specifies representations and warranties by both the Seller and Buyer, as well as conditions for closing, ensuring both parties are protected. Users are encouraged to modify the language to fit their specific needs while removing any irrelevant provisions. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear framework to ensure compliance and safeguard interests in transactions. Users should carefully review filling and editing instructions to appropriately adapt the document to their case needs.