Asset Purchase Agreement Template – Canada

The Asset Purchase Agreement Template – Canada is offered in multiple formats, including PDF, Word, and Google Docs. These formats are both editable and printable, ensuring they are tailored to your requirements with convenience.


Sample

Asset Purchase Agreement Template – Canada

Editable – Printable



1. Parties Involved



2. Description of Assets Being Purchased

3. Purchase Price

4. Payment Terms

5. Closing Date

6. Representations and Warranties

7. Conditions Precedent

8. Indemnification

9. Governing Law

10. Signatures and Acceptance




PDF


WORD

Examples


Asset Purchase Agreement Template – Canada (1)
Between:
[Seller’s Name]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Buyer’s Name]
[Buyer’s Address]
[Buyer’s Phone]
[Buyer’s Email]
Introduction:
This Asset Purchase Agreement (“Agreement”) is made effective as of [Effective Date], by and between [Seller’s Name] (the “Seller”), and [Buyer’s Name] (the “Buyer”). The Seller agrees to sell, and the Buyer agrees to buy the specified assets as outlined herein.
Clause 1: Description of Assets
The Seller agrees to sell, transfer, and convey to the Buyer all of the assets listed in Schedule A attached hereto, including but not limited to [list specific assets, e.g., equipment, inventory, trademarks].
Clause 2: Purchase Price
The total purchase price for the assets shall be [amount in CAD], payable in cash or certified funds at the closing, subject to adjustments as provided in this Agreement.
Clause 3: Closing
The closing of the purchase and sale of the assets shall take place on [Closing Date] at [Location].
Clause 4: Representations and Warranties
Each party represents and warrants that it has the authority to enter into this Agreement and perform its obligations. The Seller further warrants that it holds good title to the assets, free from any liens or encumbrances.
Clause 5: Indemnification
The Seller shall indemnify, defend, and hold harmless the Buyer from any claims, losses, or damages arising from the assets or the Seller’s breach of this Agreement.
Clause 6: Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the Province of [specific Province], Canada.
Signed in [City], [Date].
Sincerely,
[Seller’s Signature]
[Seller’s Name]
[Buyer’s Signature]
[Buyer’s Name]
Asset Purchase Agreement Template – Canada (2)
Between:
[Seller’s Company Name]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Buyer’s Company Name]
[Buyer’s Address]
[Buyer’s Phone]
[Buyer’s Email]
Introduction:
This Asset Purchase Agreement (“Agreement”) is entered into as of [Effective Date] by and between [Seller’s Company Name], the “Seller”, and [Buyer’s Company Name], the “Buyer”. The Seller intends to sell, and the Buyer intends to purchase the assets as set forth below.
Clause 1: Assets Included
The assets to be sold include: [List of assets such as machinery, contracts, goodwill, etc.], all of which are described in detail in Schedule B attached hereto.
Clause 2: Payment and Terms
The Buyer agrees to pay the Seller a total of [amount in CAD] as the purchase price, with a deposit of [amount] to be paid upon signing this Agreement.
Clause 3: Conditions Precedent
The effectiveness of this Agreement is subject to the satisfaction of the following conditions: [list any conditions, such as obtaining necessary permits or approvals].
Clause 4: Confidentiality
Both parties agree to maintain confidentiality regarding this Agreement and any proprietary information exchanged during the course of the transaction.
Clause 5: Default
In the event of a default by either party, the non-defaulting party shall have the right to terminate this Agreement and pursue remedies available under law.
Clause 6: Governing Law
This Agreement shall be governed by the laws of the Province of [specific Province], Canada.
Signed in [City], [Date].
Sincerely,
[Seller’s Signature]
[Seller’s Company Name]
[Buyer’s Signature]
[Buyer’s Company Name]

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Asset Purchase Agreement Template - Canada