Asset sale agreement

Asset sale agreement – from £600.00 plus VAT

This agreement will govern the terms by which a company will sell their assets rather than company itself. This can be of a benefit to a Company if a distinct part of their business is performing well they can sell this and still continue to use the goodwill of their business in other ventures they may have. There are potentially some disadvantages however such as the liabilities of the business remaining with the company after the sale. The crux of this agreement will be the definitions of which assets are to be included and which are to be excluded from the sale.

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