Business Sales Agreement


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How to draft a proper Business Sales Agreement? Download this Business Sales Agreement template that will perfectly suit your needs!

Legal communication is essential to individuals and companies to ensure truthful, accurate information exchange and enable morally-correct decision making. This is important to give consideration on how to communicate and how to remain lawful in your day-to-day business activities. Therefore, communication in situations that involve legal complications, request extra attention. Using our easy-to-modify Business Sales Agreement helps to make a perfect document for any kind of personalized legal matter.

Legal professionals are in need of templates more than any other industry. Our trustworthy legal templates are all drafted and screened by legal professionals that have experience in special law-related fields and are actively involved in legal issues around the topic. This Business Sales Agreement template covers the most important subjects and will help you to structure and communicate in a professional and legal way with those involved. 

Download this professional legal Business Sales Agreement template now and save yourself time, efforts and possibly reduce the lawyer-fees in order to become more successful.

Using our legal templates will help you to deal with the situation! However, this Legal template will help you dealing with this legal matter, we still recommend you to consider to find legal support in case you have doubts dealing with it the right way. 

1 DEFINITIONS In this agreement, unless the context otherwise requires, the following words and expressions shall have the meanings assigned to them hereunder: 1.1 “effective date accounts” shall mean the financial statements of the Seller for the period ending on the day immediately preceding the effective date 1.1 "the Act" shall mean the Companies Act, No.61 of 1973, as amended 1.3 "the business" shall mean the business conducted by the Seller of at the premises as constituted by the sale assets and the leased assets 1.4 "closing date" shall mean the first business day after the fulfilment (or waiver) of the last of the conditions, or such other date as may be mutually agreed amongst all of the parties in writing 1.5 "condition" shall mean the suspensive condition to which this agreement is subject as set forth in clause 2 below 1.6 "debtors" shall mean the claims of the Seller against the debtors of the business as at the effective date 1 1.7 "effective date" shall mean the commencement of business on 1.8 "fixed assets" shall mean the fixtures and fittings, furniture, office equipment and motor vehicles of the business as set out in the schedule attached hereto as Annex "A" 1.9 "goodwill" shall mean the goodwill of the business 1.10 "leased assets" shall mean the assets held by the Seller, as at the effective date, in terms of lease, instalment, sale, rental or credit agreements and as set out in the schedule attached hereto marked Annex "B" 1.11 "marks" shall mean the trade marks, brands and designs owned by the Seller and whether registered or not and used in connection with the business, as set out in the schedule attached hereto as Annex "C", including the name/s 1.12 "names" shall mean 1.13 "premises" shall mean 1.14 "prime rate" shall mean the publicly quoted basic rate of interest per annum, at which commercial banks lend on overdraft to its ordinary clients compounded monthly in arrear and calculated on a three hundred and sixty five (365) day year (ir 

Also interested in other Legal templates? AllBusinessTemplates is the #1 source for Legal templates! Just search on our website and have instant access to thousands of free and premium legal agreements, contract, documents, forms, letters, etc used on a daily basis by professionals in your industry. 

For example Real estate forms, Employment forms, General release bank account, Power of attorney, Joint Venture Agreement, Letter of intent, Last will & testament, Secrecy Agreement, Articles of Incorporation of Company, Agreement with Accountant, Purchase contract, Agreement for permission to sublet and much more.  All business templates are easy to find, crafted by professionals, ready to use, easy to customize and intuitive. Pay close attention to the available legal template by browsing through the list. Take the time to review and choose the variety of legal templates to suits your needs.


DISCLAIMER
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