Arizona Sale of Assets - Asset Purchase
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Seller desires to sell and purchaser will buy all of the assets of a business that is being operated by seller. Purchaser agrees to buy free from all liabilities and encumbrances, all the assets of the business, including the lease to the premises from which the business is presently conducted. Purchaser also agrees to buy the business trade name and the goodwill of the business. Other provisions of the agreement are: the purchase price, payment of the purchase price, and prorations.
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