Seller has made available to Buyer accurate, correct and complete copies of all Real Property Leases and all amendments thereto. An asset purchase agreement is a legally binding contract between a buyer and seller that finalizes the terms and conditions of an acquisition.An asset purchase agreement is a written legal instrument that formalizes the purchase of a business or significant business asset. Sections 15C and 15D may be submitted in addition to the authorized official's signature(s) in section 15B if adding a delegated official. SPAs can seem more straightforward than asset purchase agreements (APA), because SPAs does not need to itemize the assets and liabilities.