- Length:5 pages (1244 words)
- Available in:Microsoft Word DOCXApple PagesRTF
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About this document
This document is for addressing an arrangement pertaining to sale of a business between two Companies. The business is a going concern with property and assets;
The document seeks to address all the eventualities that are relevant in the concept of sale of a running business with property;
Any two Companies entering into an agreement to buy and sell a going business can use this template for setting up a water tight and binding arrangement between them.
Application and features
- all usual basic legal and commercial provisions to protect interests of both the parties;
- explanatory notes to cover every issue;
- flexible to suit sale of any business;
- Appropriate legal provisions, warranties and exclusions;
- simple user friendly language;
- includes sale of property and other assets;
- compliance with existing laws;
- covers all eventualities required to be addressed for sale of a running business;
- Terms of Sale;
- Terms of payment;
- Creditors’ liabilities;
- Representations and warranties of the parties;