Asset Purchase Agreement Template UK

The Asset Purchase Agreement Template UK is offered in multiple formats, including PDF, Word, and Google Docs, featuring editable and printable samples to suit your needs.


Sample

Asset Purchase Agreement Template UK

Editable – Printable



Asset Purchase Agreement Template UK

1. Buyer Information


2. Seller Information


3. Asset Description

4. Purchase Price

5. Payment Terms

6. Closing Date

7. Representations and Warranties

8. Risk of Loss

9. Conditions Precedent

10. Governing Law

11. Indemnification

12. Signatures and Agreement

13. Declaration and Signatures




PDF


WORD

Examples


Asset Purchase Agreement Template UK (1)
Between:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
[Buyer’s Phone]
[Buyer’s Email]
Introduction:
This Asset Purchase Agreement (the “Agreement”) is made and entered into as of [Effective Date] by and between [Name of the Seller] and [Name of the Buyer]. The purpose of this Agreement is the purchase of certain assets of [Business Name] as outlined herein.
Clause 1: Assets
The Seller agrees to sell, and the Buyer agrees to purchase, the following assets: [List of Assets, e.g., equipment, inventory, intellectual property, customer lists].
Clause 2: Purchase Price
The total purchase price for the assets shall be [Amount], payable as follows: [Payment terms, e.g., deposit amount, timing of payments].
Clause 3: Closing
The closing of the purchase shall take place at [Location] on [Closing Date]. At closing, the Seller shall deliver the assets to the Buyer free of liens and encumbrances.
Clause 4: Representations and Warranties
The Seller represents and warrants that it has the right to sell the assets and that the assets are in good working order. The Buyer acknowledges that it has conducted due diligence prior to this Agreement.
Clause 5: Indemnification
The Seller agrees to indemnify the Buyer against any claims arising from the operation of the business prior to the closing date.
Clause 6: Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]
Asset Purchase Agreement Template UK (2)
Between:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
[Buyer’s Phone]
[Buyer’s Email]
Introduction:
This Asset Purchase Agreement outlines the terms under which the Seller agrees to sell and the Buyer agrees to purchase specific assets as detailed below, effective [Effective Date].
Clause 1: Description of Assets
The assets being sold include: [Detailed list of assets, such as specific machinery, client contracts, brand trademarks, et cetera].
Clause 2: Payment Terms
The Buyer shall pay the Seller a total sum of [Amount], which shall be payable as follows: [Describe payment terms, including any contingencies].
Clause 3: Conditions Precedent
This Agreement is contingent upon the Buyer securing financing and the completion of a satisfactory due diligence review by [Due Diligence Date].
Clause 4: Liability
The parties agree on the allocation of liability for the assets post-closing, with the Seller retaining liability for [Specify any liabilities].
Clause 5: Confidentiality
Both parties agree to maintain the confidentiality of the terms and conditions of this Agreement and shall not disclose any terms to third parties without prior written consent.
Clause 6: Dispute Resolution
In the event of a dispute arising out of or related to this Agreement, the parties agree to first seek resolution through mediation before pursuing any legal action.
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]

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Asset Purchase Agreement Template UK