Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Contract For Sale Of Business
"I need a Contract for Sale of Business for my Dubai-based restaurant chain, including transfer of all assets, employees, and licenses, with completion planned for March 2025 and a 6-month transition period where I'll provide operational support to the buyer."
1. Parties: Identification of the Seller and Buyer, including full legal names, commercial registration numbers, and registered addresses
2. Background: Context of the transaction, description of the business, and purpose of the agreement
3. Definitions: Detailed definitions of key terms used throughout the agreement, including Business, Assets, Completion Date, etc.
4. Sale and Purchase: Core transaction terms including what is being sold, purchase price, and payment terms
5. Conditions Precedent: Conditions that must be satisfied before completion, including regulatory approvals and third-party consents
6. Pre-Completion Obligations: Obligations of both parties between signing and completion, including business operation requirements
7. Completion: Details of the completion process, timing, and deliverables required from each party
8. Post-Completion Obligations: Obligations after completion, including transition services and handover requirements
9. Warranties: Seller's warranties regarding the business, assets, employees, and compliance with UAE laws
10. Limitations on Liability: Limitations on Seller's liability for warranty breaches and claims
11. Indemnities: Specific indemnities provided by each party
12. Confidentiality: Obligations regarding confidential information and trade secrets
13. Non-Competition: Restrictions on Seller's future competitive activities
14. Governing Law and Jurisdiction: UAE law as governing law and jurisdiction provisions
15. General Provisions: Standard boilerplate clauses including notices, amendments, and entire agreement
1. Employee Matters: Detailed provisions regarding transfer of employees - required if employees are being transferred
2. Intellectual Property: Specific provisions for IP transfer - required if significant IP assets are involved
3. Real Estate: Provisions regarding property transfer or assignment of leases - required if real estate is involved
4. Tax Matters: Specific tax-related provisions - required for complex transactions with significant tax implications
5. Environmental Matters: Environmental warranties and indemnities - required for businesses with environmental risks
6. Transition Services: Details of post-completion services provided by Seller - required if ongoing support is needed
7. Earn-out Provisions: Structure for additional payments based on future performance - optional based on deal terms
8. Anti-money Laundering: Specific AML provisions - required for regulated businesses or high-value transactions
1. Business Assets Schedule: Detailed list of all assets included in the sale
2. Excluded Assets Schedule: List of assets specifically excluded from the sale
3. Properties Schedule: Details of all real estate assets and leases
4. Intellectual Property Schedule: List of all IP rights being transferred
5. Employee Schedule: List of employees and their key employment terms
6. Material Contracts Schedule: List of key contracts being transferred
7. Warranties Schedule: Detailed warranties given by the Seller
8. Completion Deliverables Schedule: List of all documents and items to be delivered at completion
9. Purchase Price Allocation Schedule: Breakdown of purchase price allocation across assets
10. Encumbrances Schedule: List of all encumbrances affecting the business
Authors
Assets
Business
Business Day
Business Information
Business Intellectual Property
Business Records
Completion
Completion Date
Confidential Information
Consideration
Deposit
Disclosed
Effective Date
Employees
Encumbrance
Environmental Laws
Excluded Assets
Financial Statements
Governmental Authority
Intellectual Property Rights
Inventory
Key Contracts
Leased Properties
Liabilities
Licenses
Loss
Material Adverse Change
Material Contracts
Notice
Parties
Permits
Purchase Price
Regulatory Approvals
Seller Bank Account
Shares
Subsidiary
Tax
Third Party
Trade License
Transaction
Transfer Date
Warranties
Working Capital
Purchase Price
Payment Terms
Conditions Precedent
Due Diligence
Pre-Completion Obligations
Completion
Post-Completion Obligations
Assets Transfer
Liabilities Assumption
Employee Transfer
Intellectual Property
Confidentiality
Non-Competition
Non-Solicitation
Warranties
Indemnification
Tax Matters
Insurance
Business Contracts
Property Rights
Regulatory Compliance
Force Majeure
Termination
Dispute Resolution
Governing Law
Assignment
Notices
Amendment
Severability
Third Party Rights
Costs and Expenses
Further Assurance
Entire Agreement
Counterparts
Retail
Manufacturing
Technology
Professional Services
Real Estate
Hospitality
Healthcare
Construction
Trading
Education
Food and Beverage
Logistics
Media and Entertainment
Financial Services
Automotive
Legal
Finance
Corporate Development
Mergers & Acquisitions
Operations
Compliance
Risk Management
Human Resources
Strategy
Commercial
Chief Executive Officer
Chief Financial Officer
Managing Director
Business Owner
Corporate Lawyer
Legal Counsel
Commercial Director
Finance Director
Business Development Manager
Operations Manager
Company Secretary
Compliance Officer
Risk Manager
Due Diligence Officer
Integration Manager
Find the exact document you need
Car Sale By Owner Contract
A UAE-compliant legal agreement for the private sale of a motor vehicle between individuals, including terms of sale and ownership transfer requirements.
Business Purchase Agreement
A UAE legal template for business purchase agreements, detailing transaction terms and compliance with local laws.
Business Share Purchase Agreement
UAE-governed agreement for the purchase and sale of business shares, detailing transaction terms and regulatory compliance requirements.
Agreement For Sale Of Business Sole Proprietorship
UAE-governed agreement for the sale and transfer of ownership of a sole proprietorship business, including all associated assets, rights, and obligations.
Lease Purchase Agreement Commercial Property
UAE-governed agreement combining commercial property lease terms with a future purchase option, subject to UAE federal and emirate-level property laws.
Contract For Sale Of Commercial Property
UAE-governed agreement for the sale and purchase of commercial property, incorporating federal and emirate-specific property laws and regulations.
Commercial Purchase Contract
UAE-governed commercial purchase agreement for B2B transactions, compliant with UAE Civil Code and commercial regulations.
Business Share Sale Agreement
UAE-governed agreement for the sale and purchase of business shares, outlining transaction terms and ensuring regulatory compliance.
Company Purchase Agreement
UAE-governed agreement detailing terms and conditions for company acquisition, including purchase price, warranties, and regulatory compliance requirements.
Business Buy And Sell Agreement
UAE-governed agreement for the sale and purchase of a business, including transfer terms, warranties, and completion requirements.
Contract For Sale Of Business
UAE-governed agreement for the sale and purchase of a business, including comprehensive transfer provisions and compliance with local regulations.
Business Sales Agreement
UAE-governed agreement for the sale and purchase of a business, detailing transaction terms, assets transfer, and regulatory compliance requirements.
Business Purchase Agreement
UAE-governed agreement template for the sale and purchase of a business, covering all essential transaction elements and regulatory requirements.
Letter Of Intent To Purchase Business
A preliminary document outlining proposed terms for business acquisition in the UAE, serving as a framework for negotiations and due diligence under UAE commercial law.
Download our whitepaper on the future of AI in Legal
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.