The Asset Purchase And Sale Agreement is a crucial document used in Indonesian business transactions when one party wishes to acquire specific assets from another party without purchasing the entire business entity. This agreement is particularly important in Indonesia's civil law system, where it must comply with the Indonesian Civil Code (Kitab Undang-undang Hukum Perdata) and various regulatory requirements. The document typically covers detailed asset descriptions, valuation mechanisms, transfer procedures, warranties, and tax implications. It's commonly used in corporate restructuring, business expansion, or divestment scenarios, and must address specific Indonesian regulatory requirements such as investment approvals, property rights (if applicable), and tax obligations. The agreement should be drafted with careful consideration of sector-specific regulations, foreign investment rules if applicable, and local business practices.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of seller and purchaser with complete legal details as required under Indonesian law
2. Background: Context of the transaction, brief description of the assets, and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement, including specific Indonesian legal terminology
4. Sale and Purchase: Core provision detailing the transfer of assets and consideration
5. Purchase Price: Details of the purchase price, payment terms, and payment mechanisms
6. Conditions Precedent: Conditions that must be satisfied before completion, including regulatory approvals
7. Completion: Process and requirements for closing the transaction
8. Seller's Warranties: Warranties regarding ownership, condition of assets, and compliance with Indonesian law
9. Purchaser's Warranties: Warranties regarding authority to purchase and financial capacity
10. Tax Matters: Allocation of tax liabilities and responsibilities under Indonesian tax law
11. Confidentiality: Provisions regarding confidential information and its protection
12. Force Majeure: Events excusing performance under Indonesian law
13. Governing Law and Dispute Resolution: Confirmation of Indonesian law and dispute resolution procedures
14. General Provisions: Standard boilerplate clauses adapted to Indonesian legal requirements
1. Regulatory Compliance: Required if assets are in regulated industries or require specific permits
2. Environmental Matters: Required if assets include land or industrial properties
3. Employee Matters: Required if the asset purchase affects employment relationships
4. Intellectual Property: Required if assets include IP rights
5. Real Estate Provisions: Required if assets include land or buildings
6. Currency Controls: Required for international transactions
7. Competition Compliance: Required for large transactions affecting market competition
8. Transition Services: Required if post-completion services are needed from seller
1. Schedule 1 - Asset Description: Detailed description and inventory of assets being transferred
2. Schedule 2 - Purchase Price Calculation: Detailed breakdown of purchase price and payment terms
3. Schedule 3 - Completion Requirements: Checklist of documents and actions required for completion
4. Schedule 4 - Form of Transfer Documents: Templates for asset transfer documents required under Indonesian law
5. Schedule 5 - Required Consents: List of required regulatory and third-party consents
6. Schedule 6 - Encumbrances: List of existing encumbrances on the assets
7. Appendix A - Due Diligence Findings: Summary of key due diligence findings and disclosed matters
8. Appendix B - Regulatory Approvals: Copies of obtained regulatory approvals and permits
Find the exact document you need
Agreement Of Sale Of Motor Vehicle
An Indonesian law-compliant agreement governing the sale and transfer of ownership of motor vehicles between parties.
Download
Agreement For Purchase Of Goods
An Indonesian law-governed agreement setting out terms and conditions for the sale and purchase of goods, including pricing, delivery, and quality requirements.
Download
Sell Agreement
An Indonesian law-governed agreement documenting the sale of goods between parties, specifying terms, conditions, and obligations of the transaction.
Download
Real Estate Purchase Agreement Contract
An Indonesian law-governed agreement for the sale and purchase of real estate property, detailing transfer terms and compliance requirements.
Download
Business Purchase Agreement Contract
An Indonesian law-governed agreement detailing the terms and conditions for the purchase and sale of a business, including all relevant assets, obligations, and regulatory requirements.
Download
Home Sales Agreement
An Indonesian law-governed agreement for the sale and purchase of residential property, detailing terms of ownership transfer and payment conditions.
Download
Buy Sell Agreement For Land
An Indonesian law-governed agreement documenting the sale and transfer of land ownership between parties, including all required legal provisions and registration requirements.
Download
Stock Purchase And Sale Agreement
An Indonesian law-governed agreement for the sale and purchase of shares in an Indonesian company, detailing transfer terms and regulatory compliance requirements.
Download
Apartment Sales Contract
An Indonesian law-governed contract for the sale and purchase of an apartment unit, complying with UU Rumah Susun and related regulations.
Download
Private Car Sale Contract
An Indonesian law-governed agreement for the private sale of a motor vehicle, detailing sale terms and ownership transfer requirements.
Download
Sell Buy Back Agreement
An Indonesian law-governed agreement for securities sale with a repurchase commitment, compliant with OJK regulations and local securities laws.
Download
Bill Of Sale Purchase Agreement
An Indonesian law-governed agreement documenting the transfer of property ownership from seller to buyer, detailing sale terms and conditions in compliance with local regulations.
Download
Sell And Buy Back Agreement
An Indonesian law-governed agreement facilitating the sale of assets with a commitment to repurchase at a future date under specified terms.
Download
Business Buy And Sell Agreement
An Indonesian law-governed agreement detailing the terms and conditions for the sale and purchase of a business, including assets, liabilities, and transfer conditions.
Download
Residential Real Estate Purchase Contract
An Indonesian law-governed agreement for the sale and purchase of residential real estate, ensuring legal transfer of property ownership while complying with local property regulations.
Download
Sale And Buy Back Agreement
An Indonesian law-governed agreement for the sale of assets with a predetermined buy-back arrangement, combining elements of asset transfer and financing.
Download
Buyout Agreement
An Indonesian law-governed agreement documenting the complete purchase of a business entity's ownership interests, including all transaction terms and regulatory compliance requirements.
Download
Vehicle Sale Agreement
An Indonesian law-governed agreement for the sale and purchase of vehicles, detailing ownership transfer and transaction terms.
Download
Partnership Buyout Agreement
An Indonesian law-governed agreement facilitating the purchase of partnership interests from departing partners, outlining transfer terms and conditions.
Download
Sale And Purchase Agreement For Company Shares
An Indonesian law-governed agreement for the sale and purchase of company shares, detailing transaction terms and regulatory compliance requirements.
Download
Asset Purchase And Sale Agreement
An Indonesian law-governed agreement for the transfer of asset ownership from seller to buyer, detailing sale terms, conditions, and regulatory compliance requirements.
Download
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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)