The Asset Purchase Agreement outlines the terms under which a Buyer acquires substantially all assets of a Seller's business located in Maricopa. Key features include a detailed description of the assets being purchased, obligations of both parties, and provisions for excluding certain liabilities. It specifies the purchase price allocation and payment terms while also addressing security interests in the assets until the purchase price is fulfilled. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to ensure compliance with applicable laws and to protect their interests during asset transactions. The form simplifies the process of transferring business assets by providing a clear framework for negotiations, potential contingencies, and post-closing obligations. Specific use cases include business mergers, acquisitions, and asset liquidations, making it a vital resource for those involved in business law and transactions.