Asset Purchase Agreement Template for Nigeria

1. Regulatory Compliance: Required when specific regulatory approvals are needed, such as NIPC approval for foreign investors

2. Environmental Matters: Necessary when purchasing assets with environmental implications or risks

3. Employee Matters: Required when the asset purchase affects employees or includes transfer of employment

4. Intellectual Property: Needed when the assets include significant IP rights

5. Real Property: Required when land or buildings are included in the assets

6. Post-Completion Covenants: Used when ongoing obligations exist after completion

7. Non-Competition: Important when protecting the value of business-related assets

8. Transitional Services: Required when seller will provide services post-completion

1. Asset Schedule: Detailed list and description of all assets being transferred

2. Excluded Assets: List of assets specifically excluded from the transfer

3. Purchase Price Allocation: Breakdown of purchase price across different asset categories

4. Warranties: Detailed warranties given by the seller

5. Form of Transfer Documents: Templates for various transfer instruments required

6. Regulatory Approvals: List of required regulatory approvals and status

7. Encumbrances: List of existing encumbrances on the assets

8. Completion Obligations: Detailed checklist of completion deliverables

9. Property Schedule: Details of any real property included in the sale

10. Intellectual Property Schedule: List of IP rights included in the transfer