Business

Business Purchase Agreement

Complete business acquisition contract covering entity purchase, including stock transfer, purchase price, representations, warranties, closing conditions, and post-acquisition obligations for comprehensive business transactions.

Key Clauses

1

Recitals Whereas

Defines recitals whereas terms and conditions.

2

Definitions

Establishes precise meaning of key terms including business assets, purchase price, and closing conditions.

3

Sale And Transfer Of Business

Specifies complete business entity being acquired, including all assets, operations, and ongoing obligations.

4

Purchase Price And Payment Terms

Details total acquisition cost, payment structure, escrow arrangements, and price adjustment mechanisms.

5

Closing

Establishes transaction completion timeline, required deliverables, and conditions precedent for business transfer.

6

Representations And Warranties

Seller's guarantees regarding business condition, legal compliance, financial accuracy, and operational status.

Use This Template

When You Need This

  • Acquiring entire business operation including all assets, customer relationships, and ongoing contracts
  • Selling established business to strategic buyer while ensuring proper legal protection
  • Structuring business acquisition with proper due diligence and risk allocation mechanisms
  • Completing succession planning by transferring family business to new ownership