For Only:
Kshs 3,000
Business and Assets Transfer Agreement
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 relate 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 need may be.
Table of Content
- Definitions and Interpretation
- Sale and Purchase of the Business
- Consideration
- Conditions
- Completion
- Value Added Tax and Income Tax Election
- Ownership, Risk Obligations and Liabilities Assumed by the Buyer
- Buyer's Warranties
- Seller's Warranties
- Limitation of Liability
- Breach of Agreement
- Notices and Proceedings
- Costs
- No Partnership
- Further Assurance
- Title
- Accrued Rights upon Termination
- Assignment
- Confidentiality
- General
- Counterparts
- Governing Law and Dispute Resolution
Annexure A - The Assets
Annexure B - Warranties