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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 used in the agreement and rules of interpretation
4. Sale and Purchase: Core provisions regarding the sale and purchase of the assets
5. Purchase Price: Amount, payment terms, and mechanics of payment
6. Conditions Precedent: Any conditions that must be satisfied before completion
7. Pre-Completion Obligations: Obligations of both parties between signing and completion
8. Completion: Details of when, where and how completion will take place
9. Seller's Warranties: Warranties given by the seller regarding the assets and their title
10. Purchaser's Warranties: Basic warranties from the purchaser regarding capacity and authority
11. Limitations on Liability: Limitations on the seller's liability under the warranties
12. Tax Matters: Provisions dealing with tax implications and responsibilities
13. Confidentiality: Obligations regarding confidential information
14. Announcements: Restrictions on public announcements about the transaction
15. Further Assurance: Obligations to take further actions necessary to give effect to the agreement
16. Notices: Process for giving formal notices under the agreement
17. Governing Law and Jurisdiction: Nigerian law as governing law and jurisdiction for disputes
18. Boilerplate: Standard provisions including entire agreement, variations, severability, etc.
1. Anti-corruption Provisions: Required when dealing with public sector assets or high-value transactions
2. Regulatory Compliance: Needed when assets are in regulated sectors (e.g., banking, insurance, telecommunications)
3. Environmental Matters: Required when assets include land or industrial property with potential environmental issues
4. Employee Matters: Needed when the assets sale might impact employees or include transfer of employees
5. Intellectual Property: Required when assets include significant IP rights
6. Post-Completion Covenants: Added when there are specific obligations that continue after completion
7. Non-Competition: Include when seller needs to be restricted from competing
8. Break Fee: Optional provision for payment if the deal fails under specific circumstances
9. Force Majeure: May be included for transactions with delayed completion
1. Asset Schedule: Detailed description and listing of all assets being sold
2. Purchase Price Calculation: Detailed breakdown of purchase price and any adjustments
3. Completion Obligations: List of actions and documents required at completion
4. Form of Transfer Documents: Templates of necessary transfer documents
5. Warranties: Detailed warranties given by the seller
6. Property Schedule: Details of any real property included in the sale
7. Intellectual Property Schedule: List and details of any IP rights included in the sale
8. Encumbrances: List of any existing encumbrances on the assets
9. Required Consents: List of third-party or regulatory consents required
10. Existing Contracts: Details of any contracts being transferred with the assets
Manufacturing
Real Estate
Financial Services
Technology
Energy
Agriculture
Mining
Telecommunications
Healthcare
Retail
Construction
Transportation
Hospitality
Education
Professional Services
Legal
Finance
Corporate Development
Compliance
Tax
Operations
Risk Management
Business Development
Property Management
Asset Management
Company Secretariat
Senior Management
Investment
Treasury
Chief Executive Officer
Chief Financial Officer
General Counsel
Legal Director
Corporate Lawyer
Finance Director
Business Development Manager
Asset Manager
Property Manager
Compliance Officer
Tax Manager
Company Secretary
Operations Director
Managing Director
Chief Operating Officer
Investment Manager
Risk Manager
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