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1. Parties: Identification of the seller and buyer with full legal names, registration details, and addresses
2. Background: Context of the transaction, brief description of the business and assets being sold
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core agreement to sell and purchase the assets, including the basic terms of transfer
5. Purchase Price: Details of the purchase consideration, payment terms, and any adjustments
6. Completion: Timing and mechanics of completion, including conditions precedent
7. Seller's Warranties: Warranties regarding ownership, condition and status of assets, and seller's capacity
8. Buyer's Warranties: Warranties regarding buyer's capacity and ability to complete the purchase
9. Pre-Completion Obligations: Obligations of both parties between signing and completion
10. Post-Completion Obligations: Ongoing obligations after completion, including transitional arrangements
11. Confidentiality: Obligations regarding confidential information and announcements
12. Tax Matters: Allocation of tax liabilities and responsibilities
13. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for disputes
14. Notices: Process for serving notices under the agreement
15. General Provisions: Standard boilerplate provisions including entire agreement, amendments, etc.
1. Employee Matters: Required if employees are being transferred as part of the business
2. Intellectual Property: Required if specific IP assets are being transferred
3. Property Leases: Required if leasehold interests are being transferred
4. Non-Competition: Optional restrictions on seller's future business activities
5. Environmental Matters: Required for businesses with environmental liabilities or compliance obligations
6. Debt and Encumbrances: Required if assets are subject to specific debts or encumbrances
7. Regulatory Approvals: Required if transaction needs specific regulatory clearances
8. Working Capital Adjustment: Required if purchase price includes working capital adjustment mechanism
9. Earn-out Provisions: Optional if part of purchase price is contingent on future performance
1. Asset Schedule: Detailed list and description of all assets being transferred
2. Excluded Assets: List of specific assets excluded from the sale
3. Purchase Price Allocation: Breakdown of purchase price across different asset categories
4. Completion Obligations: Detailed list of actions required at completion
5. Form of Transfer Documents: Templates for specific transfer documents required
6. Intellectual Property Rights: Detailed list of IP rights being transferred
7. Employee Information: Details of transferring employees and their terms
8. Material Contracts: List and copies of key contracts being transferred
9. Properties: Details of any real property or lease interests
10. Encumbrances: List of all encumbrances affecting the assets
Agreed Form
Assets
Business
Business Day
Completion
Completion Date
Conditions Precedent
Confidential Information
Consideration
Disclosure Letter
Effective Date
Encumbrance
Excluded Assets
Existing Contracts
Financial Statements
Goodwill
Governmental Authority
GST
Intellectual Property Rights
Inventory
Law
Liabilities
Long Stop Date
Loss
Material Adverse Change
Material Contracts
Net Working Capital
Parties
Permits
Purchase Price
Records
Related Party
Relevant Authority
Representatives
Seller's Group
Signing Date
Subsidiaries
Tax
Tax Authority
Third Party
Transaction
Transaction Documents
Transfer
Warranties
Working Capital Adjustment
Sale and Purchase
Purchase Price
Payment Terms
Conditions Precedent
Pre-Completion Obligations
Completion
Post-Completion Obligations
Transfer of Assets
Excluded Assets
Employee Matters
Intellectual Property
Property Transfer
Contracts Assignment
Warranties
Indemnification
Tax Matters
Environmental Compliance
Regulatory Compliance
Non-Competition
Non-Solicitation
Confidentiality
Announcements
Data Protection
Force Majeure
Insurance
Further Assurance
Assignment
Notices
Costs
Severability
Entire Agreement
Amendments
Waiver
Third Party Rights
Governing Law
Dispute Resolution
Counterparts
Manufacturing
Retail
Technology
Healthcare
Hospitality
Professional Services
Real Estate
Construction
Automotive
Agriculture
Education
Energy
Transportation
Telecommunications
Financial Services
Legal
Finance
Operations
Corporate Development
Mergers & Acquisitions
Tax
Compliance
Risk Management
Asset Management
Property Management
Business Development
Executive Leadership
Chief Executive Officer
Chief Financial Officer
Chief Legal Officer
Managing Director
Business Owner
Corporate Lawyer
Legal Counsel
Finance Director
Operations Director
Asset Manager
Business Development Manager
Commercial Director
Company Secretary
Tax Manager
Compliance Officer
Risk Manager
Property Manager
Mergers & Acquisitions Director
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