Create a bespoke document in minutes, 聽or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Asset Sale Agreement
"I need an Asset Sale Agreement under Austrian law for the sale of manufacturing equipment and associated IP rights from an Austrian GmbH to a German GmbH, with completion scheduled for March 2025 and including provisions for employee training and transitional services."
1. Parties: Identification of seller and purchaser with full legal names and addresses
2. Background: Context of the transaction, including brief description of the assets and purpose of the sale
3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation
4. Sale and Purchase: Core transaction terms including description of assets being sold and confirmation of transfer
5. Purchase Price: Specification of purchase price, payment terms, and any adjustments
6. Conditions Precedent: Any conditions that must be satisfied before completion can occur
7. Completion: Details of when, where and how completion will take place, including completion deliverables
8. Seller's Warranties: Warranties given by the seller regarding the assets and their ownership
9. Purchaser's Warranties: Basic warranties from the purchaser, including capacity to enter into the agreement
10. Tax Matters: Treatment of tax liabilities and obligations relating to the transfer
11. Confidentiality: Obligations regarding confidential information and announcements
12. Notices: Process and requirements for formal notices under the agreement
13. Governing Law and Jurisdiction: Confirmation of Austrian law and jurisdiction for disputes
14. General Provisions: Standard boilerplate clauses including entire agreement, amendments, and severability
1. Intellectual Property Rights: Required when the assets include IP rights, detailing their transfer and any licenses
2. Employee Matters: Needed if the asset sale involves transfer of employees or related obligations
3. Real Estate Provisions: Required when real property is included in the assets being transferred
4. Environmental Matters: Important when assets include land or operations with environmental implications
5. Data Protection: Required when personal data or customer databases are part of the transferred assets
6. Third Party Consents: Needed when asset transfer requires specific third party approvals
7. Post-Completion Covenants: Used when ongoing obligations exist after completion
8. Non-Competition: Optional restrictions on seller's future business activities
9. Transitional Services: Required when seller needs to provide temporary support post-completion
1. Schedule 1 - Asset List: Detailed inventory and description of all assets being transferred
2. Schedule 2 - Excluded Assets: List of specific assets excluded from the sale
3. Schedule 3 - Purchase Price Calculation: Detailed breakdown of purchase price components and adjustments
4. Schedule 4 - Seller's Warranties: Full set of warranties given by the seller
5. Schedule 5 - Completion Deliverables: List of all documents and items to be delivered at completion
6. Schedule 6 - Form of Transfer Documents: Templates of specific transfer documents required
7. Schedule 7 - Intellectual Property: Detailed list of IP rights being transferred (if applicable)
8. Schedule 8 - Real Estate Details: Property descriptions and related information (if applicable)
9. Schedule 9 - Contracts: List of contracts being transferred or requiring assignment
Authors
Manufacturing
Real Estate
Retail
Technology
Energy
Agriculture
Healthcare
Transportation
Construction
Hospitality
Mining
Professional Services
Telecommunications
Automotive
Financial Services
Legal
Finance
Mergers & Acquisitions
Corporate Development
Tax
Operations
Risk & Compliance
Treasury
Business Development
Property Management
Asset Management
Chief Executive Officer
Chief Financial Officer
General Counsel
Legal Director
Commercial Director
Head of Mergers & Acquisitions
Asset Manager
Business Development Manager
Finance Manager
Corporate Lawyer
Tax Director
Property Manager
Operations Director
Risk Manager
Compliance Officer
Treasury Manager
Find the exact document you need
Share Purchase And Transfer Agreement
An Austrian law-governed agreement for the sale and transfer of company shares, detailing transaction terms and conditions in compliance with Austrian legal requirements.
Asset Sale Agreement
An Austrian law-governed agreement for the sale and transfer of assets between a seller and buyer, complying with Austrian civil and commercial code requirements.
Share And Asset Purchase Agreement
An Austrian law-governed agreement combining share and asset purchase provisions for transferring company ownership and specific assets in a single transaction.
Machinery Purchase Agreement
An Austrian law-governed agreement for the purchase and sale of industrial machinery, incorporating local commercial code requirements and EU machinery directives.
Digital Asset Purchase Agreement
An Austrian law-governed agreement for the purchase and transfer of digital assets, incorporating local regulatory requirements and technical specifications for secure asset transfer.
Asset Agreement
An Austrian law-governed agreement for the transfer of assets between parties, incorporating local legal requirements and transfer mechanisms.
Download our whitepaper on the future of AI in Legal
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 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 拢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.