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1. Parties: Identification of the seller and purchaser with full legal names and addresses
2. Background: Context of the transaction, including brief description of the assets and purpose of the sale
3. Definitions: Key terms used throughout the agreement
4. Sale and Purchase: Core provision detailing the transfer of assets and purchase price
5. Payment Terms: Details of payment method, timing, and any installment arrangements
6. Closing: Date and location of closing, and actions to be taken at closing
7. Seller's Representations and Warranties: Statements regarding ownership, condition of assets, and absence of encumbrances
8. Title and Risk: Specifics about when title passes and risk transfers to the purchaser
9. Delivery: Terms for physical delivery or transfer of assets
10. Further Assurances: Commitment to execute additional documents if needed
11. Entire Agreement: Integration clause confirming the complete agreement between parties
12. Governing Law: Specification of applicable Canadian jurisdiction
13. Execution: Signature blocks and execution details
1. Conditions Precedent: Used when the sale is subject to specific conditions being met before closing
2. Purchase Price Adjustment: Include when price may be adjusted based on certain factors or post-closing calculations
3. Tax Matters: Detailed section needed for complex tax implications or allocations
4. Employee Matters: Required when the asset purchase involves transfer of employees
5. Intellectual Property: Include when IP assets are part of the purchase
6. Environmental Matters: Necessary when assets include real property or environmental considerations
7. Non-Competition: Include when restricting seller's future business activities
8. Confidentiality: Add when sensitive information is involved in the transaction
9. Survival: Include when certain representations and warranties should survive closing
10. Dispute Resolution: Add detailed dispute resolution procedures for complex transactions
1. Schedule A - Asset Description: Detailed list and description of all assets being purchased
2. Schedule B - Purchase Price Allocation: Breakdown of purchase price across different asset categories
3. Schedule C - Permitted Encumbrances: List of any permitted liens or encumbrances on the assets
4. Schedule D - Required Consents: List of third-party consents required for the transfer
5. Schedule E - Excluded Assets: List of assets specifically excluded from the sale
6. Appendix 1 - Form of Bill of Sale: Standard form document evidencing transfer of title
7. Appendix 2 - Transfer Documents: Forms for transferring specific assets (vehicle ownership, etc.)
8. Appendix 3 - Closing Certificates: Forms of various certificates to be delivered at closing
Definitions and Interpretation
Sale and Purchase
Purchase Price
Payment Terms
Closing Conditions
Title Transfer
Risk of Loss
Delivery
Representations and Warranties
Asset Condition
Encumbrances
Tax Matters
Indemnification
Further Assurances
Assignment
Notices
Confidentiality
Non-Competition
Force Majeure
Dispute Resolution
Governing Law
Amendment and Modification
Severability
Entire Agreement
Survival
Counterparts
Electronic Execution
Authority and Capacity
Third Party Rights
Compliance with Laws
Records and Inspection
Environmental Matters
Insurance
Termination
Manufacturing
Retail
Technology
Real Estate
Transportation
Healthcare
Agriculture
Construction
Energy
Professional Services
Hospitality
Industrial Equipment
Automotive
Food and Beverage
Mining
Legal
Finance
Operations
Procurement
Compliance
Risk Management
Asset Management
Business Development
Corporate Secretariat
Tax
Treasury
Property Management
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Corporate Secretary
Business Development Manager
Operations Manager
Asset Manager
Procurement Manager
Finance Director
Compliance Officer
Risk Manager
Property Manager
Fleet Manager
Equipment Manager
Acquisition Specialist
Contract Administrator
Treasury Manager
Tax Manager
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