Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Business Purchase And Sale Agreement
"I need a Business Purchase and Sale Agreement under Nigerian law for the acquisition of a mid-sized manufacturing company in Lagos, with special attention to machinery assets transfer and employee transition provisions, expected to complete by March 2025."
1. Parties: Identifies and provides full details of the seller and purchaser, including registration numbers and addresses
2. Background: Sets out the context of the transaction and brief description of the business being sold
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation rules
4. Sale and Purchase: Core terms of the transaction, including what is being sold and purchase price
5. Purchase Price and Payment Terms: Detailed breakdown of the purchase price, payment schedule, and payment mechanisms
6. Conditions Precedent: Conditions that must be satisfied before completion of the sale
7. Pre-Completion Obligations: Seller's obligations in running the business between signing and completion
8. Completion: Details of the completion process, timing, and deliverables
9. Warranties and Representations: Seller's warranties about the business, assets, liabilities, and operations
10. Limitations on Claims: Limitations on warranty claims and seller's liability
11. Confidentiality: Obligations regarding confidential information and announcements
12. Post-Completion Obligations: Ongoing obligations after completion, including transition arrangements
13. Boilerplate Provisions: Standard legal provisions including notices, governing law, and dispute resolution
1. Employee Matters: Required when employees are being transferred with the business, covering TUPE-equivalent provisions and employee liabilities
2. Real Estate: Required when the business includes property assets, covering transfer of titles and leases
3. Intellectual Property: Required when significant IP assets are involved in the sale
4. Environmental Matters: Required for businesses with environmental impacts or liabilities
5. Data Protection: Required when personal data is being transferred as part of the business
6. Non-Competition: Optional restrictions on seller's future business activities
7. Tax Covenant: Detailed tax provisions and indemnities, recommended for larger transactions
8. Earn-out Provisions: Required when part of the purchase price is contingent on future performance
1. Business Assets Schedule: Detailed list of all assets included in the sale
2. Excluded Assets Schedule: List of assets specifically excluded from the sale
3. Properties Schedule: Details of all real estate owned or leased by the business
4. Intellectual Property Schedule: List of all IP rights owned or used by the business
5. Employee Schedule: List of all employees with key employment terms
6. Material Contracts Schedule: List of important business contracts being transferred
7. Warranties Schedule: Detailed warranties given by the seller
8. Completion Deliverables Schedule: List of all documents and items to be delivered at completion
9. Purchase Price Adjustment Schedule: Methodology for any post-completion price adjustments
Authors
Manufacturing
Retail
Technology
Financial Services
Healthcare
Real Estate
Agriculture
Oil and Gas
Transportation and Logistics
Hospitality
Construction
Professional Services
Education
Telecommunications
Mining
Fast-Moving Consumer Goods
Legal
Finance
Corporate Development
Mergers & Acquisitions
Risk and Compliance
Corporate Strategy
Tax
Human Resources
Operations
Commercial
Business Development
Company Secretariat
Chief Executive Officer
Managing Director
Chief Financial Officer
Chief Legal Officer
Corporate Counsel
Business Development Director
Mergers & Acquisitions Manager
Company Secretary
Finance Director
Commercial Director
Risk Manager
Compliance Officer
Corporate Strategy Director
Investment Manager
Due Diligence Specialist
Integration Manager
Find the exact document you need
Agreement For Flat Sale
A Nigerian law-governed agreement for the sale and purchase of a flat, detailing terms, conditions, and obligations of the transaction.
Shop Selling Agreement
A Nigerian law-governed agreement for the sale and transfer of a retail establishment, including its assets, inventory, and related business components.
Agreement For Purchase Of Goods
A Nigerian law-governed agreement template for the purchase and sale of goods, covering essential transaction terms and regulatory requirements.
Buy Sell Contract
A Nigerian law-governed Buy Sell Contract for commercial transactions, incorporating local regulatory requirements and essential sale terms.
Agreement Of Sale Of Immovable Property
Nigerian law-compliant agreement for the sale and transfer of immovable property, outlining terms, conditions, and legal requirements for property transfer.
Letter Of Intent For Property Sale
A preliminary document under Nigerian law outlining the intended terms and conditions for a proposed property sale transaction, setting the framework for final negotiations.
Land Contract Purchase Agreement
A Nigerian law-compliant agreement for the purchase and transfer of land ownership, incorporating federal and state land law requirements.
Purchase And Sale Contract For Residential Property
A Nigerian law-governed agreement for the sale and purchase of residential property, ensuring compliant transfer of ownership and protecting both parties' interests.
Vacant Land Purchase And Sale Agreement
A legal agreement for the purchase and sale of vacant land in Nigeria, compliant with the Land Use Act and local property laws.
Agreement For Flat Purchase
Nigerian law-governed agreement for the purchase and sale of residential flats, incorporating local property law requirements and transfer procedures.
Private Property Sale Agreement
A Nigerian law-governed agreement for the sale and transfer of private property ownership, ensuring compliance with the Land Use Act while protecting both parties' interests.
Vacant Land Sale Contract
A Nigerian law-governed agreement for the sale and purchase of vacant land, incorporating requirements under the Land Use Act and state regulations.
Simple Real Estate Purchase Contract
A straightforward agreement for property purchase and transfer in Nigeria, compliant with local real estate laws and regulations.
Bill Of Sale Stock Purchase Agreement
A Nigerian law-governed agreement documenting the sale and transfer of company shares, including terms, conditions, and regulatory compliance requirements.
Bill Of Sale For Asset Purchase Agreement
A Nigerian law-governed document that legally transfers ownership of assets from seller to buyer, detailing sale terms and conditions.
Agreement For Sale Of Shares To Another Shareholder
Nigerian law-governed agreement for the transfer of shares between existing shareholders of a company, compliant with CAMA 2020.
Business Sell Agreement
A Nigerian law-governed agreement for the sale and purchase of a business, detailing terms, conditions, and obligations of the transaction.
Bill Of Sale And Purchase Agreement
A Nigerian law-governed agreement documenting the sale and transfer of property between parties, detailing terms, conditions, and ownership transfer specifics.
Simple Vacant Land Purchase Agreement
A standardized agreement for vacant land purchase in Nigeria, compliant with the Land Use Act and state regulations, outlining terms for transferring undeveloped land ownership.
Personal Property Sales Contract
A Nigerian law-governed contract for the sale of personal property, detailing terms of sale, payment, and transfer of ownership.
Car Sale Payment Agreement
A Nigerian law-governed agreement establishing terms for vehicle sale and payment arrangements, ensuring legal compliance and protecting both parties' interests.
Bill Of Sale Purchase Agreement
A Nigerian law-governed agreement documenting the sale and transfer of ownership of personal property from seller to buyer, including essential terms and conditions of the transaction.
Sell And Buy Back Agreement
A Nigerian law-governed agreement structuring the sale of assets with a predetermined buyback arrangement, including terms, conditions, and regulatory compliance requirements.
Shareholder Buyout Agreement
A Nigerian law-governed agreement facilitating the purchase of shares from an existing shareholder, outlining transfer terms, warranties, and completion requirements.
Residential Real Estate Purchase Contract
A Nigerian law-governed agreement for the sale and purchase of residential real estate property, establishing terms and conditions for property transfer.
Real Property Sales Contract
A Nigerian law-governed agreement for the sale and purchase of real property, ensuring compliance with the Land Use Act and state property regulations.
Master Sale And Purchase Agreement
A Nigerian law-governed framework agreement establishing terms for ongoing sales transactions between parties, including ordering, pricing, delivery, and quality requirements.
Agreement Of Sale Contract
A Nigerian law-governed contract documenting the terms and conditions for the sale and transfer of property, goods, or assets between parties.
Sale And Buy Back Agreement
A Nigerian law-governed agreement structuring the sale of an asset with a commitment for future repurchase at predetermined terms.
Business Purchase And Sale Agreement
A Nigerian law-governed agreement documenting the terms and conditions for the sale and purchase of a business entity or its assets, ensuring legal compliance and protection for all parties involved.
Buy And Sell Agreement
A Nigerian law-governed agreement that establishes terms and conditions for the sale of goods or assets between buyer and seller.
Sales And Purchase Agreement Of Goods
A Nigerian law-governed agreement establishing terms and conditions for the sale and purchase of goods, including price, delivery, and warranties.
Land Sale Agreement
A legally binding agreement for land transfer in Nigeria, incorporating local legal requirements including governor's consent provisions.
Asset Purchase And Sale Agreement
A Nigerian law-governed agreement for the transfer of assets between parties, detailing terms, conditions, and compliance requirements for the sale.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.