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The Business Sale Contract is a fundamental document used in mergers and acquisitions transactions in Denmark, essential for both asset sales and share transfers. This agreement is typically employed when a business owner wants to sell their entire business operation or when a company seeks to acquire another business entity. The document must comply with Danish legal requirements, including the Danish Contracts Act, Companies Act, and Transfer of Undertakings Act, while also addressing EU regulations where applicable. It covers crucial elements such as asset transfer, employee rights, intellectual property assignments, and tax implications, providing both parties with legal certainty and clear obligations. The document is particularly important as it serves as the primary reference point for the terms of the transaction and future obligations of all parties involved.

1. Parties: Identification of the seller(s) and buyer(s) with full legal names, registration numbers, and addresses

2. Background: Context of the transaction, brief description of the business, and purpose of the agreement

3. Definitions: Defined terms used throughout the agreement, including Business, Completion Date, Purchase Price, etc.

4. Sale and Purchase: Core transaction terms including what is being sold and purchased

5. Purchase Price: Detailed breakdown of the purchase price, paymen