The Asset Purchase Agreement is a legal document designed for the purchase of assets in Montgomery, outlining the sale between the Seller and Buyer. Key features include a detailed description of the assets being sold, a clear purchase price allocation, and stipulations regarding excluded assets and assumed liabilities. The agreement establishes the responsibilities of both parties during the transaction, including the Seller's obligation to maintain business operations and provide necessary information to the Buyer. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in corporate transactions, as it offers a structured approach to asset acquisitions. Users are instructed to fill in specific details such as asset descriptions and payment structures while ensuring all representations and warranties are accurate. The document also includes provisions for indemnification and conditions precedent that protect both parties, making it a practical tool for facilitating smooth asset transfers in legal agreements.