Internet service provider agreement for Purchase/Sale of Business; full version
Use this comprehensive agreement to buy an Internet
service provider business of any sort, with freehold or
leasehold premises in any location. Large menu of warranties
How and when to use this document
This is a comprehensive business agreement for you to buy from an individual or a company or any other organisation. If you are buying the actual company, this agreement is not suitable. See our company sale document section.
It is usual for the buyer to produce the sale document but there is no reason why the seller should not obtain an advantage by making the document his.
Note:
•Warranties have been used only so far as appropriate to the subject matter of the sale
•Designed for the deal to be completed on the same day, not at some future time
•Purchase price apportioned among the assets to simplify tax planning
•Comprehensive list of matters to be done before completion and documents to be handed to the buyer
•Provisions to prevent seller setting up in competition
•Suitable provisions for contract to cover transfers of freehold and / or leasehold property as part of the transaction
Main Contents
Interpretation
Agreement for Sale
The Purchase Price
Items to be delivered at completion
Completion
Debtors
Creditors and Liabilities
Tax
Warranties by the Seller
Future Activities
The Guarantor
Communications
Miscellaneous Matters
Jurisdiction
Warranties
Assets
Accounts
Employees
Suppliers and Clients
Licences, consents and passwords
Insurance
Joint ventures and partnerships
Statutory restrictions
Litigation
Seller's activities
Contracts
Properties
Leasehold properties
Intellectual property
Internet domain names
General
Draftsman
This document has been drawn by Rakesh Taneja, unconnected with Net Lawman. Rakesh Taneja will welcome your contact for further legal help. There may be a charge for Rakesh Taneja services.
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