Common Contracts
2 similar Business Purchase Agreement contracts
Simple business purchase agreementBusiness Purchase Agreement • June 18th, 2023
A Business Sale Agreement, also sometimes called a Business Purchase Agreement, is a document which the seller of a company and their chosen buyer can enter into when an entire business is being sold. Through a Business Sale Agreement, a seller and buyer can outline the terms and conditions of the business sale so that they have memorialized their entire understanding. A Business Sale Agreement contains provisions about the basic logistics of the sale, like pricing information, of course, but also contains the information required for an equitable relationship between the parties, such as liability allocation. A Business Sale Agreement is absolutely essential when two parties are discussing the sale and transfer of a business. Business sales can be structured through what is called an asset sale, which means that all of the assets of the business are sold, and therefore, control and ownership of the business is sold. They can also be structured through share sales, which means that all
Business purchase agreement wordBusiness Purchase Agreement • February 12th, 2023
THIS PURCHASE OF BUSINESS AGREEMENT (the “Agreement”) made and entered into this [Insert date] (the “Execution Date”), BETWEEN: [Insert name of [Insert address] (the “Seller”) AND [Insert name of [Insert address] (the “Purchaser”) BACKGROUND A. The Seller carries on the business of [Insert business description at [Insert business address] (the “Business”). B. The Seller owns the assets of the Business and desires to sell certain assets (the “Assets”), to the Purchaser, subject to any exclusions set out in this Agreement and the Purchaser desires to buy the Assets. IN CONSIDERATION of the provisions contained in this Agreement and for other good and valuable consideration, the receipt and sufficiency of which consideration is acknowledged, the Parties agree as follows: Definitions 1. The following definitions apply in the Agreement: a. The “Assets” to be included in this Agreement include all assets of the Seller. There are no excluded assets. The Assets consist of the following: b. “Cl
