Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Contract For Sale Of Business Assets
"I need a Contract for Sale of Business Assets under Malaysian law for selling my manufacturing equipment and associated IP rights to a local company, with completion scheduled for March 2025 and including provisions for employee transfer and training."
1. Parties: Identification of the seller and buyer, including full legal names, registration numbers, and registered addresses
2. Background: Context of the transaction, brief description of the business and assets being sold, and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core terms of the transaction, including what is being sold and the basic agreement to sell and purchase
5. Purchase Price: The agreed price, payment terms, deposit requirements, and payment method
6. Completion: Details of when and how the sale will be completed, including completion date and logistics
7. Seller's Warranties: Standard warranties regarding ownership, condition of assets, and authority to sell
8. Buyer's Warranties: Warranties from the buyer regarding authority and ability to complete the purchase
9. Pre-Completion Obligations: Obligations of both parties between signing and completion
10. Confidentiality: Provisions regarding confidential information and its protection
11. Governing Law: Specification of Malaysian law as governing law and jurisdiction
12. Notices: How formal notices under the agreement should be given
13. General Provisions: Standard boilerplate clauses including entire agreement, amendments, and severability
1. Employee Matters: Required when employees are being transferred as part of the business assets
2. Intellectual Property: Needed when the sale includes trademarks, patents, copyrights, or other IP rights
3. Real Property: Required when the assets include land or buildings
4. Third Party Consents: Necessary when certain assets require consent from third parties for transfer
5. Tax Matters: Detailed tax provisions when there are specific tax implications or arrangements
6. Post-Completion Obligations: Added when there are specific requirements after completion, such as transitional services
7. Non-Competition: Include when restricting the seller from competing post-sale
8. Environmental Matters: Required when the assets include property with potential environmental liabilities
9. Debt and Encumbrances: Needed when there are specific arrangements regarding existing debts or encumbrances
1. Schedule 1 - Asset List: Detailed inventory of all assets being sold, including descriptions and quantities
2. Schedule 2 - Excluded Assets: List of assets specifically excluded from the sale
3. Schedule 3 - Properties: Details of any real property included in the sale
4. Schedule 4 - Intellectual Property: List and details of all intellectual property rights being transferred
5. Schedule 5 - Contracts: List of contracts being transferred or assigned
6. Schedule 6 - Employees: Details of employees being transferred, including terms and conditions
7. Schedule 7 - Warranties: Detailed warranties given by the seller
8. Schedule 8 - Form of Transfer Documents: Templates of documents required for transferring specific assets
9. Schedule 9 - Completion Requirements: Detailed list of actions and documents required for completion
Authors
Manufacturing
Retail
Technology
Healthcare
Hospitality
Professional Services
Real Estate
Construction
Agriculture
Transportation
Education
Food and Beverage
Entertainment
Industrial
Mining
Legal
Finance
Corporate Development
Mergers & Acquisitions
Operations
Risk & Compliance
Tax
Business Development
Commercial
Asset Management
Chief Executive Officer
Chief Financial Officer
Managing Director
Business Owner
Corporate Lawyer
Legal Counsel
Company Secretary
Finance Director
Business Development Manager
Operations Manager
Asset Manager
Commercial Director
Merger & Acquisition Specialist
Tax Advisor
Risk Manager
Compliance Officer
Find the exact document you need
Customer List Purchase Agreement
Malaysian law-governed agreement for the sale and transfer of customer lists between businesses, ensuring PDPA compliance and protecting both parties' interests.
Short Form Stock Purchase Agreement
A concise Malaysian law-governed agreement for straightforward share transfers between parties, outlining essential terms and basic warranties for uncomplicated transactions.
Contract For Sale Of Business Assets
A Malaysian law-governed agreement for the sale and transfer of business assets between parties, outlining terms, conditions, and completion requirements.
Share Purchase And Transfer Agreement
A Malaysian law-governed agreement for the sale and transfer of shares between parties, outlining terms, conditions, and completion requirements.
Business Share Sale Agreement
A Malaysian law-governed agreement detailing the terms and conditions for the sale and purchase of shares in a business entity, including price, warranties, and completion requirements.
Bond Transfer Agreement
A Malaysian law-governed agreement facilitating the legal transfer of bonds between parties, ensuring compliance with local securities regulations and market requirements.
Company Share Purchase Agreement
A Malaysian law-governed agreement for the sale and purchase of shares in a company, detailing transaction terms and regulatory compliance requirements.
Restaurant Asset Purchase Agreement
A Malaysian law-governed agreement for the purchase and sale of restaurant business assets, including equipment, inventory, and associated rights.
Short Form Asset Purchase Agreement
A streamlined Malaysian law-governed agreement template for straightforward asset purchase transactions between parties.
Share Sale And Purchase Agreement
A Malaysian law-governed agreement for the sale and purchase of shares in a company, detailing transaction terms and ensuring legal transfer of ownership.
Stock Acquisition Agreement
A Malaysian law-governed agreement detailing the terms and conditions for the purchase and sale of shares in a company, including price, warranties, and completion requirements.
Used Equipment Purchase Agreement
A Malaysian law-governed agreement for the purchase and sale of used equipment, including specifications, conditions, and warranties.
Share And Asset Purchase Agreement
A Malaysian law-governed agreement for the combined purchase of company shares and specific assets, including transfer terms and conditions.
Machinery Purchase Agreement
A Malaysian law-governed agreement for the purchase of industrial or commercial machinery, detailing specifications, payment terms, and compliance requirements.
Inventory Purchase Agreement
A Malaysian law-governed agreement establishing terms for inventory purchase and sale between commercial parties.
Forward Share Purchase Agreement
A Malaysian law-governed agreement establishing terms for a future share purchase at predetermined conditions.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s 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 £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.