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Sale of Equipment

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Sale of Equipment

 

A long agreement for sale of redundant assets / equipment.

An agreement for sale of redundant equipment with provisions relating to: price, collection, compliance and safety, personnel, equipment, title and risk, confidentiality, intellectual property, insurance, warranties, liability and indemnity.

Redundant assets are those assets that are not specifically required by a company to generate earnings and cash flow from operations. They are “redundant” to the operations of the business. Typically, the valuation of companies for sale are conducted excluding any redundant assets and their related income and expenses.

Sale of Equipment & Assets

 

  • AGREEMENT INCLUDES:-
  • Definitions and Interpretation
  • Sale and Purchase
  • Price
  • Collection
  • Obligations
  • Compliance & Safety
  • Acknowledgements
  • Personnel
  • Equipment
  • Title and Risk
  • Confidentiality
  • Intellectual Property Rights
  • Insurance
  • Warranties
  • Indemnity and Liability
  • Taxes
  • Notices
  •  Assignment
  • Set Off
  •  Publicity
  • Severability
  • Precedence
  • Entire Agreement
  • Waiver
  •  Further Assurances
  • Variations
  • Advice
  • Counterparts
  • Cumulative Rights
  • Costs
  • Governing Law

 

This Sale of Equipment Contract is approximately 18 pages long.

 

 

Includes GST

 

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Confidentiality Agreement
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Very good precedent - only comment would be to provide some examples or comments if each clause is essential to create a binding financial agreement and, if optional, 1 or 2 brief examples of circumstances where the relevant clause could be excluded. Otherwise, great work and I will certainly use precedents online again, cheers!
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Written by Practicing Lawyers

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Sale of Business Contracts

Business owners can get into trouble buying or selling a business if the Contract leaves out important aspects of the sale. Leaving important items out of a contract, including tangible and intangible assets and liabilities, can cause problems months after the sale completes. When you draft a contract for the sale of a business, make sure both parties know exactly what they are getting at the time of signing, as well as in the future.

There is more than one way to sell your business. We have more than one kind of contract. Whether its an asset sale or a sale or shares in company we have all the types of contracts you are likely to need. Buy more than one agreement and get 40% off. Choose from any Sale of Business Template on our Business Agreements page: use discount code DISCOUNT40

Or buy the lot at a substantial discount!  Just contact us.

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What our Latest Satisfied Customers Say

Easy as always
I’ve used this site over the years for quick templates to build and modify from. Saves a great deal of work and ensures I have up to date changes already made for me when I need.
Confidentiality Agreement
I have used Precedents Online and do find their product very well written and clear.
Title clear and helpful
Very good precedent - only comment would be to provide some examples or comments if each clause is essential to create a binding financial agreement and, if optional, 1 or 2 brief examples of circumstances where the relevant clause could be excluded. Otherwise, great work and I will certainly use precedents online again, cheers!
Your Legal Documents
Thanks for the great downloads. Great for starting a small legal practice.
Legal
Great service. Fast response and a good price. Easy to follow the download procedure. Would definitely use again.

Rural Lease Agreement

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