Example Of Asset Purchase Agreement

The buyer pays the seller, as the purchase price for the foregoing, the sum of [number of dollars}. The full purchase price must be paid in cash at closing. PandaTip: Use [Product Description] to indicate the asset that will be sold. You can describe the asset and its condition later in the agreement. The seller is the current owner of [Product Description]. The Company (hereinafter “the Buyer”) wishes to buy from the Seller and the Seller wishes to sell such Products to the Buyer only on the terms set forth in this Agreement and on no other terms, unless this is agreed by both the Buyer and the Seller. The Seller is exempt from any delay in the provision and performance of other contractual obligations arising from this order, due to acts or omissions that are not subject to adequate control and without the fault or negligence of the Seller, including, but not limited to, State embargoes, freezes, seizures or freezing of assets, delays or refusal to grant an export license nz or suspension or revocation, or any other act of a government, fires, floods, bad weather or other cases of force majeure, quarantine, strikes or lockouts, riots, disputes, uprisings, civil disobedience, war, lack of equipment or delay in deliveries to the seller by third parties. If the circumstances of delay that can be recused extend by six months, either party may, after its election, terminate this order without penalty or liability and without delay or breach thereof. PandaTipp: Start filling in the tokens that are in this template. Tokens are formatted as [example] and allow you to add important information throughout your offering in seconds. Seller`s failure to enforce all or part of its rights in the event of a breach of this order shall not be deemed a waiver of such rights with respect to such or subsequent infringement, nor a waiver of acceptance of a payment or service.

No waiver of a right applies to or infringes any other rights that seller holds, nor does such a waiver apply to similar or non-similar offenses. PandaTip: The above pricing structure can be adjusted based on receipt of payment. This section can remain as it is if the buyer pays in full with an acquired loan. Buyer agrees that it will not use Seller`s data for the manufacture or acquisition of products subject to this order or similar products, or that it will not have them manufactured or procured by another source, or reproduce or acquire them without the written permission of seller. . . .