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1. Parties: Identification of the Seller and Purchaser with their full legal details and registration numbers
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 of Assets: Description of the transaction and assets being sold
5. Purchase Price: The purchase consideration, payment terms, and payment mechanics
6. Conditions Precedent: Any conditions that must be fulfilled before the agreement becomes fully effective
7. Effective Date and Completion: Timing of the transaction and completion requirements
8. Seller's Warranties: Warranties regarding the assets, business, and authority to sell
9. Purchaser's Warranties: Warranties regarding authority to purchase and financial capacity
10. Risk and Benefit: Transfer of risk and benefit in the assets
11. Employees: Treatment of employees and compliance with Section 197 of the Labour Relations Act
12. Liabilities: Allocation of liabilities between parties
13. Handover and Transition: Process for transferring control and possession of assets
14. Confidentiality: Protection of confidential information
15. Dispute Resolution: Process for resolving disputes between parties
16. General Provisions: Standard boilerplate clauses including notices, governing law, and jurisdiction
17. Signing: Execution provisions and signature blocks
1. Competition Law Compliance: Required if the transaction meets competition law thresholds
2. Tax Elections: Include when specific tax treatments are desired, such as VAT zero-rating
3. Intellectual Property: Required when IP assets are material to the transaction
4. Post-Completion Obligations: Include when there are specific post-sale requirements
5. Restraint of Trade: Include when preventing seller competition is important
6. Third Party Consents: Required when material contracts need third party approval for transfer
7. Environmental Matters: Include when environmental liabilities are significant
8. Property Matters: Required when immovable property is included in the sale
9. Information Technology: Include when IT systems and licenses are material to the business
1. Schedule 1 - Asset Register: Detailed list of all assets included in the sale
2. Schedule 2 - Excluded Assets: List of assets specifically excluded from the sale
3. Schedule 3 - Employee Information: Details of transferring employees including terms and conditions
4. Schedule 4 - Contracts: List of contracts being transferred
5. Schedule 5 - Intellectual Property: Details of all IP rights included in the sale
6. Schedule 6 - Properties: Details of any immovable property included in the sale
7. Schedule 7 - Purchase Price Allocation: Breakdown of purchase price across asset categories
8. Schedule 8 - Completion Deliverables: List of items to be delivered at completion
9. Appendix A - Form of Transfer Documents: Pro forma transfer documents required for completion
10. Appendix B - Handover Plan: Detailed plan for transitioning the business
Assets
Business
Business Day
Completion
Completion Date
Conditions Precedent
Confidential Information
Contracts
Effective Date
Employees
Encumbrance
Excluded Assets
Excluded Liabilities
Fixtures and Fittings
Goodwill
Intellectual Property Rights
Inventory
Liabilities
Long Stop Date
Material Adverse Change
Parties
Permitted Encumbrances
Purchase Price
Purchaser
Records
Seller
Signature Date
Stock
Tax
Third Party Consents
Transfer
VAT
Warranties
Working Capital
Plant and Equipment
Property
Relevant Authority
Representatives
Security Interest
Signature Date
Transaction Documents
Transfer Date
Working Hours
Purchase Price
Payment Terms
Conditions Precedent
Completion
Warranties
Representations
Assets Transfer
Employee Transfer
Liabilities
Tax
VAT
Property Transfer
Intellectual Property
Confidentiality
Non-Competition
Data Protection
Environmental Compliance
Regulatory Compliance
Risk and Insurance
Third Party Consents
Indemnification
Force Majeure
Assignment
Notices
Dispute Resolution
Governing Law
Jurisdiction
Severability
Entire Agreement
Amendment
Waiver
Costs
Good Faith
Further Assurance
Breach
Termination
Post-Completion Obligations
Transition Services
Business Information
Records and Books
Competition Law
Material Contracts
Asset Maintenance
Due Diligence
Inventory
Working Capital
Security Interests
Publicity
Manufacturing
Retail
Technology
Professional Services
Industrial
Healthcare
Hospitality
Construction
Agriculture
Mining
Transportation
Real Estate
Energy
Financial Services
Telecommunications
Legal
Finance
Corporate Development
Mergers & Acquisitions
Risk and Compliance
Operations
Human Resources
Tax
Commercial
Strategy
Business Development
Chief Executive Officer
Chief Financial Officer
Managing Director
Legal Counsel
Corporate Lawyer
Financial Director
Business Development Manager
Operations Director
Commercial Director
Risk Manager
Compliance Officer
Company Secretary
Transaction Advisor
Due Diligence Specialist
Asset Manager
Business Owner
Mergers & Acquisitions Manager
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