The Business Purchase Agreement Template – Ontario, Canada is offered in multiple formats, including PDF, Word, and Google Docs. Each option is both customizable and ready for printing, catering to your requirements effectively.
Business Purchase Agreement Template Ontario – Canada Editable – PrintableSample
1. Parties Involved 2. Description of the Business 3. Purchase Price 4. Assets Included in the Sale 5. Conditions Precedent 6. Closing Date 7. Representations and Warranties 8. Indemnification 9. Non-Competition Agreement 10. Governing Law 11. Signatures and Acceptance
PDF
WORD
Examples
[Seller’s Name]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
[Buyer’s Name]
[Buyer’s Address]
[Buyer’s Phone]
[Buyer’s Email]
This Business Purchase Agreement (“Agreement”) outlines the terms and conditions for the sale and transfer of the business known as [Business Name] located at [Business Address], effective [Effective Date].
The Seller agrees to sell and the Buyer agrees to purchase the business, including all assets, inventory, and customer lists, as described in Exhibit A.
The total purchase price for the business shall be [Total Purchase Price], payable in full at closing or as otherwise agreed upon by both parties.
The closing of this transaction shall occur on [Closing Date], or such other date as the parties may mutually agree in writing.
The Seller represents that they have full authority to sell the business and that the business is in good standing pursuant to the laws of Ontario.
Both parties agree to keep all information related to this Agreement and the business confidential and will not disclose it to any third party without prior written consent.
This Agreement shall be governed by and construed in accordance with the laws of the Province of Ontario and the federal laws of Canada.
[Seller’s Signature]
[Seller’s Name]
[Buyer’s Signature]
[Buyer’s Name]
[Seller’s Name]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
[Buyer’s Name]
[Buyer’s Address]
[Buyer’s Phone]
[Buyer’s Email]
This Agreement serves as a formal understanding for the sale of the business identified as [Business Name] and its associated assets, effective as of [Effective Date].
The assets included in this sale are detailed in Exhibit B and shall encompass all property, rights, and interests from the Seller to the Buyer.
The Buyer agrees to pay the Seller [Payment Terms], which may include a deposit of [Deposit Amount] and final payment at closing.
The obligations of both parties under this Agreement are subject to certain conditions, including obtaining necessary approvals and permits.
The Seller shall indemnify the Buyer against any claims arising from the operation of the business prior to the closing date, including any liabilities or disputes.
In the event of any dispute arising from this Agreement, both parties agree to mediate before pursuing any legal action.
This Agreement shall be governed by the laws of the Province of Ontario, Canada.
[Seller’s Signature]
[Seller’s Name]
[Buyer’s Signature]
[Buyer’s Name]
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