Asset Purchase Agreement (Pro-Buyer Short Form)

A short-form agreement for the purchase and sale of certain tangible or intangible assets (other than real property, accounts receivable or equity interests in other entities) of a private US corporation, drafted in favor of the buyer. This form is not for use with the sale of all or substantially all of the assets of a business. This Standard Document assumes a single corporate buyer and a single corporate seller. It also assumes that the signing and closing of the transaction are simultaneous. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.

Practical Law Corporate & Securities


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