Comprehensive Offer to Purchase a Business from a Buyer to a Seller
Details:
Comprehensive Offer to Purchase a Business from a Buyer to a Seller.
Form Outline:
Offer to Purchase
(Business)
, of , (the "Buyer") hereby offers to purchase from , of (the "Seller"), all of the undertaking, property and assets of the Seller used in its (the "Business") as a going concern, of every kind and description and wherever situated, including but not limited to the assets described in Schedule "A" hereto (the "Assets"), upon and subject to the following terms and conditions:
1. Purchase Price.
2. Payment of Purchase Price.
3. Taxes.
4. Allocation of Purchase Price.
5. Investigation.
6. Closing Date.
7. Insurance.
8. Normal Course of Business.
9. Lease of Business Premises.
10. Third Party Consents.
11. Representations and Warranties.
12. Conditions for the Buyerâ¿¿s Benefit.
13. Closing Deliveries.
14. Non-Competition.
15. Bulk Sales Compliance.
16. General.
17. Irrevocable Period.
IN WITNESS WHEREOF this Offer has been executed by the Buyer this _____ day of ____________________, _____.
I hereby accept the above Offer.
DATED _____________________, _____
Schedule "A"
List of Assets
Purchases and Sale Forms