Rollover Agreement – Assets

About this template:

This particular legal document or agreement of assignment is used to assist in articulating the terms of a rollover asset purchase agreement. See other essential legal document templates for you and your clients here https://www.templateguru.co.za/templates/legal/

Excerpt:

ROLLOVER ASSET PURCHASE AGREEMENT This Asset Purchase Agreement (the Agreement) is effective [DATE] WHEREAS [COMPANY NAME] is the registered and beneficial owner of [NUMBER] common shares in the capital of the Purchaser said shares representing [PERCENTAGE %] of the issued and outstanding shares of the capital of the Purchaser;WHEREAS the Seller has purchased on [EFFECTIVE DATE] from [COMPANY NAME] all of the latters assets (the Assets) used in connection with the operation of a manufacturing of adjustable [SPECIFY] enterprise at [FULL ADDRESS] in the city of [NAME OF THE CITY] Province of [COUNTRY] better known under the corporate name and style of [COMPANY NAME] (hereinafter referred to as the Enterprise); WHEREAS the Seller has agreed to sell and the

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