Asset purchase agreement—administration sale
Asset purchase agreement—administration sale

The following Corporate guidance note provides comprehensive and up to date legal information covering:

  • Asset purchase agreement—administration sale
  • Parties
  • background
  • Schedule 1Business Intellectual Property Rights
  • Part A: Registered IPR
  • Part B: Unregistered IPR
  • Part C: Intellectual Property Licences
  • Schedule 2The Contracts
  • Schedule 3The Equipment Leases and the Leased Assets
  • Schedule 4The Properties
  • more

DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see Practice Notes: Brexit—impact on private M&A transactions and Brexit—drafting boilerplate clauses.

This Agreement is made on [insert day and month] 20[insert year]

Parties

  1. 1

    [Insert name of company in administration] (in administration) a company incorporated in [England and Wales OR [insert country of incorporation]] with registered number [insert company number] whose registered office is at [insert address] (the Seller), acting by its [joint] [Administrator OR Administrators]

  1. 2

    [Insert name of administrator(s)] of [insert name of firm] whose registered office is at [insert address of firm](the [Administrator OR Administrators])

  1. 3

    [insert name of purchasing corporate entity] a company incorporated in [England and Wales OR [insert country of incorporation]] with registered number [insert company number] whose registered office address is at [insert address] (the Buyer), and

  2. each of the Seller [the Administrator OR each Administrator] and the Buyer being a Party and together the Seller [the Administrator OR each Administrator] and the Buyer are the Parties.

background

    1. (A)

      [insert name of floating charge holder] (the Floating Charge