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Key Clauses

Representations & Warranties

Purchase Agreement Template

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Purchase agreement template. Covers consideration, representations, warranties, covenants, and closing conditions.

PURCHASE AGREEMENT

AGREEMENT made this ____ day of _______, 200_ by and between ___(Name and

address of Seller)___ , hereinafter referred to as the "SELLER" and ____(Name and address of

Purchaser)___, hereinafter referred to as "PURCHASER".

WHEREAS, Seller is the owner and operator of a ____(State type of business)___

business called ___(State name of business)___ and located at ____(State address of

business)___; and

WHEREAS, the Purchaser desires to purchase the assets of the Seller, including the

equipment, inventory on hand, furniture, goodwill, and customer list as more fully set forth in the

Agreement; and [different and additional items may be selected]

WHEREAS, the Parties are desirous of effectuating a smooth and efficient transfer of

the business being sold and acknowledge that their mutual goodwill and cooperation are

essential to this end.

NOW THEREFORE, the Parties hereto, in consideration of the mutual covenants and

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Purchase Agreement Template

Purchase Agreements -- US - General