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1. Parties: Identification of the seller and purchaser, including their full legal names, registration details, and addresses
2. Background: Context of the transaction, including brief description of the business and assets being sold
3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation
4. Sale and Purchase: Core transaction terms, including description of assets being sold and excluded assets
5. Purchase Price: Detailed breakdown of the purchase price, payment terms, and any adjustments
6. Conditions Precedent: Conditions that must be satisfied before completion of the transaction
7. Pre-Completion Obligations: Obligations of both parties between signing and completion
8. Completion: Details of the completion process, timing, and deliverables
9. Warranties and Representations: Seller's warranties regarding the assets and business
10. Limitations on Liability: Limitations on seller's liability for warranty claims and general liability caps
11. Tax Matters: Tax-related provisions, including responsibility for pre-completion and post-completion tax liabilities
12. Confidentiality: Obligations regarding confidential information and announcements
13. Further Assurance: Obligations to execute further documents and take additional steps if necessary
14. Notices: Process for serving notices under the agreement
15. Governing Law and Dispute Resolution: Choice of Nigerian law and dispute resolution mechanisms
1. Employee Matters: Include when the transaction involves transfer of employees
2. Intellectual Property Rights: Include when significant IP assets are being transferred
3. Environmental Matters: Include when assets include land or operations with environmental implications
4. Data Protection: Include when personal data or customer databases are being transferred
5. Non-Competition: Include when restricting seller's future competitive activities
6. Transitional Services: Include when seller will provide post-completion services
7. Foreign Exchange Provisions: Include when transaction involves international parties or foreign currency
8. Break Fee: Include when parties agree to compensation if transaction fails
9. Anti-corruption Compliance: Include when transaction involves public sector assets or high-risk sectors
1. Schedule 1 - Assets: Detailed list and description of all assets being transferred
2. Schedule 2 - Excluded Assets: List of assets specifically excluded from the transaction
3. Schedule 3 - Warranties: Detailed warranties given by the seller
4. Schedule 4 - Properties: Details of any real property included in the sale
5. Schedule 5 - Intellectual Property: List of all intellectual property rights being transferred
6. Schedule 6 - Contracts: List of contracts being transferred or assigned
7. Schedule 7 - Employees: Details of employees being transferred (if applicable)
8. Schedule 8 - Completion Deliverables: List of documents and items to be delivered at completion
9. Schedule 9 - Form of Transfer Documents: Templates of specific transfer documents required
10. Schedule 10 - Permitted Encumbrances: List of permitted liens or encumbrances on the assets
Affiliate
Agreement
Assets
Business Day
CAMA
Completion
Completion Date
Conditions Precedent
Confidential Information
Consideration
Disclosure Letter
Effective Date
Encumbrance
Excluded Assets
Governmental Authority
Intellectual Property Rights
Laws
Liabilities
Long Stop Date
Loss
Material Adverse Change
Material Contracts
Naira
Party/Parties
Permits
Purchase Price
Purchaser
Records
Representatives
Seller
Stamp Duties
Tax/Taxation
Tax Authority
Third Party
Title Documents
Transaction
Transfer Documents
VAT
Warranties
Working Capital
Sale and Purchase
Purchase Price
Payment Terms
Conditions Precedent
Pre-Completion Obligations
Completion
Post-Completion Obligations
Assets Transfer
Excluded Assets
Assumed Liabilities
Excluded Liabilities
Warranties
Representations
Tax Covenants
Indemnification
Confidentiality
Non-Competition
Non-Solicitation
Employee Matters
Property Transfer
Intellectual Property
Contract Assignment
Regulatory Compliance
Force Majeure
Termination
Further Assurance
Costs and Expenses
Notices
Assignment
Stamp Duty
Foreign Exchange
Environmental Matters
Data Protection
Dispute Resolution
Governing Law
Entire Agreement
Severability
Third Party Rights
Counterparts
Amendment
Manufacturing
Real Estate
Oil and Gas
Technology
Telecommunications
Financial Services
Healthcare
Agriculture
Mining
Retail
Hospitality
Construction
Transportation and Logistics
Energy
Education
Legal
Finance
Corporate Development
Mergers & Acquisitions
Tax
Compliance
Risk Management
Operations
Business Development
Property Management
Investment
Due Diligence
Corporate Secretariat
Treasury
Chief Executive Officer
Chief Financial Officer
General Counsel
Legal Director
Corporate Lawyer
Finance Director
Mergers & Acquisitions Manager
Business Development Director
Commercial Director
Risk Manager
Company Secretary
Tax Manager
Compliance Officer
Operations Director
Property Manager
Asset Manager
Investment Analyst
Due Diligence Specialist
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