10. Conditions. The requirement for the purchaser to complete the transaction under this contract is conditional, at the buyer`s choice, on the following conditions which, if not met, allow the purchaser to terminate its obligations under this contract. (x) The seller compensates the purchaser and takes him from any claims, claims, damages or means in any way that relates to the Seller`s failure to inform creditors of the transaction in that document pursuant to the Georgia Bulk Sales Act, to the extent applicable. (b) Total seller value and other intangible assets, including, but not limited, to all client lists, suppliers, mechanics or service personnel, etc. 1. Buying and selling. The seller agrees to sell to the buyer and the buyer agrees to acquire from the Seller all the tangible and intangible assets of the seller used in the seller`s restaurant and catering (the “assets”), as described below in detail: (y) Nothing should be construed as an agreement of the buyer, accept a contract to which the seller is involved or hire a person currently employed by the seller in connection with the exploitation of the assets. ASSET PURCHASE AGREEMENT SIMPLE This asset purchase agreement (the contract) is effective WHEREAS [SECOND PARTY NAME] (THE Purchaser) has made an offer to purchase [SPECIFY] for completion from [DATE] (the offer to purchase); CONSIDERANT that the buyer wishes to acquire and sell certain assets, as described in Schedule A, in accordance with the following terms and agreements. i.
The seller`s activity and activity are carried out only properly and all obligations arising from the binding agreements for the seller are duly fulfilled; v) This instrument contains the whole agreement between the parties with respect to the operations provided for this purpose. The parties expressly agree that this instrument replaces and renounces any prior written agreement between them with respect to the sale of the assets. This agreement cannot be amended, amended or discharged orally or otherwise, executed by all parties or by the beneficiaries or beneficiaries of the assignment. Vi. Deeds, sales invoices, assignments and other transfer instruments delivered to the purchaser under this agreement were duly executed and delivered and good marketable property was transferred to the purchaser to the seller`s assets to be sold under that agreement. 6. Closure/Loss Risk. Transactions under this agreement are completed in the offices of Lee, Black, Hart-Rouse, P.C., 6555 Abercorn Street, Suite 206, Savannah, Chatham County, Georgia, or in another location where the buyer and seller agree on the end date. On the reference date, the seller transfers, transfers, transfers and cedes assets as described in paragraph 1 to the purchaser and his lawyer through the security deed, sale, assignment or any other appropriate instrument, in the form and content satisfactory to the purchaser and his legal counsel. The seller must also execute, on the date and date of completion and at the buyer`s request, the other documents necessary to make the sale and transfer of the seller`s assets, as intended, effective, in order to fully involve the buyer in this title and to make otherwise the purpose of this contract.