The election provides for no GST (or HST in the HST provinces) to be payable in respect of the purchase and sale of the assets and reduces the cash. This article will discuss ten key considerations that should be taken into account when acquiring the assets of a Canadian business.A somewhat basic level high level presentation on the nuts and bolts of asset purchase sale transactions. Company for any indemnity pursuant to the asset purchase agreement. OFFER. The Offer contained in this replacement prospectus.