Asset Purchase Agreement - Business - Long Form (Canada)

In some situations, the sale of a business may take place through the sale of that business’s assets to a purchaser, rather than a sale of stock or other transfer. This comprehensive agreement includes the terms and conditions necessary to carry out such a transaction, including: assets purchased, purchase price, how payment is to be made, closing date, investigation of assets, assignment of business lease, third party consents, representations and warranties and much more.

This form can be used in the following provinces: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan and Yukon.