Seller shall sell, assign, transfer, convey and deliver to Buyer, and Buyer shall purchase from Seller, all of Seller's right, title and interest in the assets. In an asset purchase, the purchaser only acquires the assets and liabilities it identifies and agrees to acquire and assume from the seller.If you are interested in the purchase or sale of a small business, you may have many legal needs. Our firm can help you with various small business matters. It has the advantage of having a long history in the area with an excellent location. The agreement describes the assets that will be purchased, including important details like price, warranties, and breach of contract provisions. First time investors and existing registered shareholders who hold freely tradable shares of Middlesex Common Stock can submit requests to buy. An APA, or Asset Purchase Agreement, is a contract in which a buyer and seller agree to the transfer of ownership for an asset at an agreed price.