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Legal Documents

CM Advocates > Business and Assets Transfer Agreement

Business and Assets Transfer Agreement

KShs3,000

Notes:

  1. This document provides for the transfer of the business of an entity which mainly includes transferring the core assets of the business. As such, the main provisions relating to the transfer of such core assets as well as other elements of the business.
  2. This precedent is intended to act as a guide in drafting an agreement for the provision of catering services. It may be modified or amended as the need may be.
Description

Table of Content

  1. Definitions and Interpretation
  2. Sale And Purchase of The Business
  3. Consideration
  4. Conditions
  5. Completion
  6. Value Added Tax and Income Tax Election
  7. Ownership, Risk Obligations and Liabilities Assumed by The Buyer
  8. Buyer’s Warranties
  9. Seller’s Warranties
  10. Limitation of Liability
  11. Breach of Agreement
  12. Notices and Proceedings
  13. Costs
  14. No Partnership
  15. Further Assurance
  16. Title
  17. Accrued Rights Upon Termination
  18. Assignment
  19. Confidentiality
  20. General
  21. Counterparts
  22. Governing Law and Dispute Resolution
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