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1. Parties: Identifies and provides full legal details of the seller and purchaser
2. Background: Provides context for the agreement and briefly describes the transaction
3. Definitions: Defines key terms used throughout the agreement
4. Sale and Purchase: Details the core transaction, including the assets or goods being sold
5. Purchase Price: Specifies the purchase price, payment terms, and payment method
6. Closing: Sets out the closing date, location, and deliverables
7. Seller's Representations and Warranties: Lists the seller's assertions about the goods/assets being sold
8. Purchaser's Representations and Warranties: Lists the purchaser's assertions regarding their capacity to complete the purchase
9. Conditions Precedent: Specifies conditions that must be met before closing
10. Covenants: Details ongoing obligations of both parties
11. Risk and Title: Addresses when risk and title pass from seller to purchaser
12. Termination: Outlines circumstances under which the agreement can be terminated
13. Notices: Specifies how and where formal notices must be delivered
14. General Provisions: Contains standard boilerplate clauses including governing law, assignment, and entire agreement
1. Tax Matters: Required when specific tax considerations need to be addressed, such as GST/HST elections or tax indemnities
2. Environmental Matters: Needed when the sale involves real property or assets with potential environmental implications
3. Employees: Required when the sale involves transfer of employees or employee-related obligations
4. Intellectual Property: Needed when the sale includes IP assets
5. Transition Services: Required when the seller will provide post-closing services to the purchaser
6. Non-Competition: Added when restrictions on future business activities are required
7. Financing Conditions: Needed when the purchase is subject to financing arrangements
8. Broker/Finder Fees: Required when intermediaries are involved in the transaction
1. Schedule A - Description of Assets: Detailed description of assets or goods being sold
2. Schedule B - Purchase Price Allocation: Breakdown of purchase price across different asset categories
3. Schedule C - Excluded Assets: List of assets specifically excluded from the sale
4. Schedule D - Assumed Liabilities: Details of any liabilities being assumed by the purchaser
5. Schedule E - Required Consents: List of third-party consents required for closing
6. Schedule F - Permitted Encumbrances: List of accepted liens or encumbrances on the assets
7. Schedule G - Form of Bill of Sale: Template for the bill of sale to be delivered at closing
8. Schedule H - Disclosure Schedule: Exceptions to representations and warranties
Affiliate
Applicable Law
Assets
Business Day
Closing
Closing Date
Closing Time
Confidential Information
Consent
Consideration
Contract
Damage
Deposit
Effective Date
Encumbrance
Environmental Laws
Excluded Assets
Force Majeure
Governmental Authority
GST/HST
Intellectual Property Rights
Knowledge
Liabilities
Losses
Material Adverse Change
Notice
Parties
Permitted Encumbrances
Person
Purchase Price
Purchaser
Related Party
Representatives
Sale Assets
Seller
Taxes
Third Party
Transaction
Transfer
Warranty
Working Capital
Interpretation
Definitions
Sale and Purchase
Purchase Price
Payment Terms
Conditions Precedent
Due Diligence
Representations and Warranties
Covenants
Title Transfer
Risk of Loss
Closing Conditions
Closing Mechanics
Post-Closing Obligations
Tax Matters
Intellectual Property
Confidentiality
Non-Competition
Non-Solicitation
Employee Matters
Environmental Matters
Indemnification
Insurance
Force Majeure
Assignment
Amendment
Termination
Dispute Resolution
Governing Law
Notices
Severability
Entire Agreement
Further Assurances
Survival
Time of Essence
Counterparts
Electronic Execution
Language of Agreement
Retail
Manufacturing
Real Estate
Technology
Agriculture
Mining
Energy
Healthcare
Professional Services
Construction
Automotive
Consumer Goods
Industrial Equipment
Telecommunications
Legal
Finance
Procurement
Sales
Business Development
Operations
Risk Management
Compliance
Property Management
Asset Management
Commercial Operations
Contract Administration
Chief Executive Officer
Chief Financial Officer
General Counsel
Corporate Lawyer
Legal Counsel
Procurement Manager
Sales Director
Business Development Manager
Contract Administrator
Risk Manager
Commercial Manager
Operations Director
Finance Manager
Compliance Officer
Property Manager
Asset Manager
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