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1. Parties: Identification of seller and purchaser with full legal names and addresses
2. Background: Context of the transaction and brief description of the assets being sold
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. Sale and Purchase: Core terms of the asset transfer, including description of assets and excluded assets
5. Purchase Price: Details of consideration, payment terms, and payment mechanisms
6. Conditions Precedent: Any conditions that must be satisfied before completion
7. Pre-Completion Obligations: Obligations of parties between signing and completion
8. Completion: Details of completion process, timing, and deliverables
9. Warranties: Seller's warranties regarding the assets and business
10. Limitations on Liability: Limitations on seller's liability under the warranties
11. Tax Matters: Tax-related provisions, including responsibility for various taxes
12. Confidentiality: Obligations regarding confidential information
13. Notices: Process for giving formal notices under the agreement
14. Governing Law and Jurisdiction: Nigerian law as governing law and jurisdiction for disputes
15. General Provisions: Standard boilerplate clauses including entire agreement, amendments, etc.
1. Regulatory Compliance: Required when specific regulatory approvals are needed, such as NIPC approval for foreign investors
2. Environmental Matters: Necessary when purchasing assets with environmental implications or risks
3. Employee Matters: Required when the asset purchase affects employees or includes transfer of employment
4. Intellectual Property: Needed when the assets include significant IP rights
5. Real Property: Required when land or buildings are included in the assets
6. Post-Completion Covenants: Used when ongoing obligations exist after completion
7. Non-Competition: Important when protecting the value of business-related assets
8. Transitional Services: Required when seller will provide services post-completion
1. Asset Schedule: Detailed list and description of all assets being transferred
2. Excluded Assets: List of assets specifically excluded from the transfer
3. Purchase Price Allocation: Breakdown of purchase price across different asset categories
4. Warranties: Detailed warranties given by the seller
5. Form of Transfer Documents: Templates for various transfer instruments required
6. Regulatory Approvals: List of required regulatory approvals and status
7. Encumbrances: List of existing encumbrances on the assets
8. Completion Obligations: Detailed checklist of completion deliverables
9. Property Schedule: Details of any real property included in the sale
10. Intellectual Property Schedule: List of IP rights included in the transfer
Manufacturing
Real Estate
Oil and Gas
Technology
Agriculture
Financial Services
Telecommunications
Healthcare
Mining
Retail
Construction
Hospitality
Transportation
Energy
Industrial
Legal
Finance
Corporate Development
Mergers & Acquisitions
Tax
Compliance
Risk Management
Business Development
Treasury
Corporate Secretariat
Chief Executive Officer
Chief Financial Officer
General Counsel
Corporate Lawyer
Legal Director
Finance Director
Business Development Manager
Mergers & Acquisitions Director
Company Secretary
Asset Manager
Commercial Director
Investment Manager
Risk Manager
Compliance Officer
Tax Manager
Corporate Development Director
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