Transfer of ownership contract template
When choosing a free bill of sale template, don't choose the document randomly. Whether you download or create your own bill of sale, the document should include the following components:.
A bill of sale acts like a contract. When written and executed properly, it is a legally binding agreement between the buyer and the seller. Both parties should review and complete the bill of sale carefully.
Legal difficulties can appear if the sale price is overinflated or information is incomplete. The seller must have the full legal capacity to sell the item s being sold. The obligations of the Transferor to sell the Units hereunder is subject to the satisfaction or waiver of the following conditions at the Time of Purchase:. Subject to the terms and conditions of this Agreement and applicable law, the Parties shall consult and cooperate with each other prior to Closing in: a obtaining all consents, approvals, waivers, permits, authorizations and approvals of Governmental Authorities and other Persons; b making any required filings or submissions with Governmental Authorities under applicable law copies of which shall be promptly provided to the other Party ; c providing all such information concerning such party and its.
Affiliates as may be necessary or reasonably requested in connection with any of the foregoing, all as may be necessary for the consummation, as promptly as practicable, of the transactions contemplated hereby. Notwithstanding the foregoing, no party shall have any liability whatsoever for the failure of any Governmental Authority or other Person to grant any required consent, authorization or approval or to agree to take or refrain from taking any action necessary or desirable to consummate the transactions contemplated by this Agreement or to develop the Project.
Transferor agrees that it will be liable for any failure by any of its Representatives to comply with the foregoing restrictions. The covenants of the Parties shall terminate in full upon giving effect to the transactions contemplated hereby on the Closing Date. Pacific Time, on the second Business Day following the date on which each of the conditions set forth in Sections 5. Notwithstanding any other provision of this Agreement, on the Closing Date, the following actions and events shall be deemed to occur in the following order, the end effect of which shall be a contemporaneous closing:.
If the conditions set forth in Sections 6. It is expressly agreed that no failure by a party to fulfill any condition hereof shall constitute a failure of essential purpose entitling the other party to Consequential Damages. Following the Closing Date, the right of indemnification contained in this Section 8 shall be the sole and exclusive remedy of any Party with a third party claim relating to this Agreement and facts or circumstances relating hereto whether such claim shall be made in contract, breach of warranty, tort or otherwise.
The Transferee agrees to use commercially reasonable efforts after the Closing Date to assist the Transferor in obtaining a consent and acknowledgment from the Secretary of the Air Force reasonably satisfactory to the Transferor pursuant to which the Secretary of the Air Force agrees that the Transferor shall have no obligations or liabilities under the Site Lease effective from and after the Closing Date; provided , however , that Solar Star shall, whether or not such consent and acknowledgment is obtained, indemnify and hold the Transferor harmless from and against any damages, losses, costs, expenses, expenditures, claims and liabilities, including reasonable counsel fees and reasonable expenses of investigation, defending and prosecuting litigation or arbitration suffered by the Transferor as a result of, caused by, arising out of, or in any way relating to any breach by Solar Star of any provision of the Site Lease after the Closing Date.
The provisions of this Section 8. Any notice required or permitted hereunder shall be given in writing and shall be deemed effectively given upon personal delivery or upon deposit in the United States mail by certified mail, with postage and fees prepaid, addressed to each of the other Parties at its address as shown below beneath its signature, or to such other address as such Party may designate in writing from time to time to the other Parties.
This Agreement, its exhibits and schedules, the Project Documents and the LLC Agreement constitute the entire agreement of the Parties and supersede in their entirety all prior undertakings and agreements of the Parties with respect to the subject matter hereof. This Agreement shall be governed by and interpreted in accordance with the laws of the State of California, without regard to its conflict of law provisions. Each Party irrevocably and unconditionally submits, for itself and its property, to the nonexclusive jurisdiction of the courts of the State of California, and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Agreement or for recognition or enforcement of any judgment, and each of the Parties irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and determined in such court.
Each of the Parties agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law.
Nothing in this Agreement shall affect any right that any Party may otherwise have to bring any action or proceeding relating to this Agreement in the courts of any jurisdiction. Transferee acknowledges that, except as set forth in this Agreement, the Project Documents, the exhibits and the certificates and any ancillary agreements to be delivered on the Closing Date, none of the Transferor, the Company or any other Person has made any representation or warranty, expressed or implied, at law or in equity or otherwise with respect to the sale of the Units or the assets of the Company, including with respect to i the business, financial condition and prospects, results of operation and risks of the Company; or ii the physical condition, quality or value of the properties of the Company.
Capitalized terms not defined herein shall have the meanings assigned such terms in the Project Documents. The Project Documents listed on Schedule 1 hereto are incorporated herein by this reference.
Should any provision of this Agreement be determined by a court of law to be illegal or unenforceable, the other provisions shall nevertheless remain effective and shall remain enforceable. The provisions of this Agreement shall be binding upon and accrue to the benefit of the Parties hereto and their respective heirs, legal representatives, successors and permitted assigns.
Neither Party may assign any or all of its rights, privileges and obligations hereunder without the prior written consent of the other Party. The Parties shall consult with each other regarding any public announcement or statement with respect to this Agreement or the transactions contemplated hereby and no Party shall issue any public announcement or other statement with respect to the existence of this Agreement or the transactions contemplated hereby without the prior consent of the other Party, which shall not be unreasonably withheld, unless required by applicable law or regulation or order of a court of competent jurisdiction.
After the closing, the Transferor a shall maintain the confidentiality of all proprietary information relating to the Company and the Project, b shall not, directly or indirectly, disclose or permit the disclosure of any such information except as may be required by applicable law, rule or regulation , and c shall not make any use of or permit the use of such information for the benefit of the Transferor or others.
This Agreement may be amended only by a written instrument signed by the Parties hereto. Exhibit A. Exhibit B. Form of EPC Contract. Exhibit C. Exhibit D. Form of Performance Guarantee. Exhibit F. Exhibit E. Form of PC Agreement Section Schedule 1.
Identify the Parties The next step would be to identify the parties. There are many agreement templates available online for you to check and choose the best one out of the lot that suits your needs perfectly.
Product Details Enter the product details that you are transferring, that is, the product could be anything- assets, business, food, data transfer, shares transfer, property, etc. The details of the product should be given perfectly so that the parties involved know what is the exact transfer for.
Transfer Details This step would be to give details of the transfer, that is, the location, the name of the parties involved, who os transferring what, why is the transfer happening, what is the rate of transfer, and all the other details related to this should be mentioned without fail in the agreement. Loan agreement templates will help you have a better idea of what should be mentioned exactly in an agreement.
Review and Signatures The last and final step would be to review the agreement. Recheck to see if there are any mistakes in the agreement with regards to the details, the words, etc. Once the review is done, get the agreement signed with all the people who are involved in the agreement. Make sure that you give copies to all the parties involved without fail. Business Transfer ackordscentralen. The above template can be used for making such agreements between you and the other individual.
It should have all the details mentioned in it like the name of the business owners, who are planning to transfer the business ownership, etc. Property Transfer Agreement state. The property can be anything ranging from a home to a company. There are many agreement templates in Apple Pages for you to check out and choose the best one that will suit your needs perfectly. Asset Tranfer Agreement sailabilitynsw.
Identifying the parties is very important. The background in the agreement gives a rough definition of what both the parties do and why is there a transfer of assets, under what law, etc. To prevent that, DoNotPay has developed a nifty virtual credit card that will allow you to enjoy free trials risk-free. Our virtual credit card will also help you avoid spam email notifications by generating a random email address that you can use when signing up for a free trial. Let DoNotPay solve this problem for me.
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