Asset Purchase Agreement 2Asset Purchase Agreement 2Asset Purchase Agreement 2
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ASSET PURCHASE AGREEMENT
THIS AGREEMENT, signed by the parties hereto effective the date shown by their
respective signatures, is made by [SELLER’S NAME] (hereinafter the “Seller”), and
[PURCHASER’S NAME] (hereinafter the "Purchaser");
RECITAL: Seller desires to sell to Purchaser, and Purchaser desires to purchase from Seller
certain assets and properties currently used in the business known as [BUSINESS NAME] with a
principal operating address of [BUSINESS ADDRESS] (the “Business”). The Business location is
sometimes referred to as the “Premises”.
IN CONSIDERATION of the mutual promises and covenants contained herein, the receipt
and sufficiency of which is hereby acknowledged, the parties agree as follows:
I. SALE OF ASSETS
1. Sale of Assets.1
Seller shall sell, assign, transfer and deliver to Purchaser, and Purchaser shall purchase and
accept at closing, certain assets and properties of the Business owned by Seller, or in which Seller
has any right, title, or interest of every kind