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1. Parties: Identifies and provides full details of the seller and buyer
2. Background: Contextual information about the transaction and the assets being sold
3. Definitions: Defines key terms used throughout the agreement
4. Sale and Purchase: Core provision detailing the agreement to sell and purchase the assets
5. Purchase Price: Specifies the purchase price, payment terms, and payment mechanics
6. Conditions Precedent: Conditions that must be satisfied before completion
7. Pre-Completion Obligations: Obligations of both parties between signing and completion
8. Completion: Details of the completion process, timing, and deliverables
9. Warranties: Seller's warranties regarding the assets and business
10. Limitations on Liability: Limitations on the seller's liability under the warranties
11. Tax Matters: Tax-related provisions, including responsibilities and indemnities
12. Confidentiality: Obligations regarding confidential information
13. Announcements: Requirements for public announcements about the transaction
14. Further Assurance: Obligations to take further actions if needed
15. Assignment: Restrictions on assignment of the agreement
16. Notices: Process for giving formal notices under the agreement
17. Governing Law and Jurisdiction: Specifies Philippine law as governing law and jurisdiction
18. General Provisions: Standard boilerplate provisions
19. Execution: Signature blocks and execution formalities
1. Employee Matters: Required if employees are being transferred with the assets
2. Intellectual Property: Required if IP assets are included in the sale
3. Real Property: Required if real estate assets are included in the sale
4. Environmental Matters: Required if the assets include industrial or potentially contaminated properties
5. Competition/Anti-trust: Required for large transactions requiring regulatory approval
6. Transition Services: Required if the seller will provide services post-completion
7. Non-Compete: Optional restriction on seller's future competing activities
8. Data Protection: Required if personal data is involved in the transfer
9. Force Majeure: Optional provision for unforeseen circumstances preventing performance
1. Asset Schedule: Detailed list and description of all assets being sold
2. Excluded Assets: List of assets specifically excluded from the sale
3. Purchase Price Allocation: Breakdown of purchase price across asset categories
4. Warranties: Detailed warranties given by the seller
5. Encumbrances: List of existing encumbrances on the assets
6. Required Consents: List of third-party consents required for the transfer
7. Completion Deliverables: List of documents to be delivered at completion
8. Form of Transfer Documents: Templates of specific transfer documents required
9. Disclosure Schedule: Seller's disclosures against the warranties
10. Permitted Encumbrances: List of encumbrances that will be allowed to continue
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