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Inventory purchase agreement template

Asset purchase agreement sample 2026

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The document is an Asset Purchase Agreement between a Seller, Selling Shareholders, and a Buyer for the sale of substantially all assets of the Seller's business. It outlines the terms of the asset sale, including the purchase price, payment structure, and responsibilities regarding liabilities. The agreement specifies excluded assets, representations and warranties from both parties, covenants to be upheld prior to closing, conditions precedent for obligations, and indemnification clauses. It also details the closing process and post-closing rights and obligations.

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Click ‘Get Form’ to open the asset purchase agreement sample in the editor.
Begin by filling in the date and names of the Seller, Selling Shareholder, and Buyer at the top of the document. Ensure all parties are correctly identified.
In Section 1, specify the assets being purchased by entering details about equipment, inventory, and goodwill. Refer to Exhibit 'A' for a comprehensive list.
Complete Section 3 by entering the total purchase price and allocating it among different asset categories as outlined.
In Section 4, detail the payment structure including amounts due at closing and subsequent payments. Make sure to include dates for each payment.
Review Sections 7 through 19 carefully to ensure all representations, warranties, and covenants are accurately filled out according to your agreement terms.

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Who prepares the asset purchase agreement?

The buyers solicitor drafts the asset purchase agreement, but the seller may instruct their solicitor to negotiate on certain points.

What are asset purchase agreements?

An asset purchase agreement (APA) is a contract that specifies the terms and conditions for the sale and purchase of a business or certain business assets.

Can I write my own purchase agreement?

Some states, like California, have created real estate purchase agreements you can download and change. You can also get a template from PandaDoc, as well as benefiting from real estate contract management software functionality.

What is an example of an asset purchase?

In an asset purchase, the buyer agrees to purchase specific assets and liabilities. This means that they only take on the risks of those specific assets. This could include equipment, fixtures, furniture, licenses, trade secrets, trade names, accounts payable and receivable, and more.

How do you write an asset purchase agreement?

An Asset Purchase Agreement typically sets forth: (1) a detailed description of each of the assets to be acquired and the liabilities to be assumed; (2) the consideration to be paid for the assets; (3) the terms of the closing of the acquisition; (4) representations and warranties of the seller and the buyer; (5)