Question
Draft a contract according to the facts. The facts are in the following page. will need to conduct extensive independent research to prepare the contract.
Draft a contract according to the facts. The facts are in the following page. will need to conduct extensive independent research to prepare the contract. You may use a template for drafting your contracts. Provide the citation for the template. During the preparation, you will see that there are standard customary clauses included in specific contracts. 2 Asset Purchase Agreement for your client Robert "Bob" Row) 1. Buyer: Robert Row, 123 E Main Street Phoenix, AZ 85016 2. Seller: Joey Seller, 456 E. Main Street Phoenix, AZ 85016 3. The asset purchase of Joey's Pizzeria business is not the real estate. 4. Location of Joey's Pizzeria -- located at 1425 E. Main Street, Phoenix, Arizona 85016 5. The purchase price is $475,000 for all the inventory. 6. Installment Contract with three (3) equal installments and a balloon payment at the end of the 12-month term 7. There are eight (8) catering contracts that generate a substantial amount of money that are part of the sale of Joey's Pizzeria in addition to all of the assets 8. Closing of Escrow for this agreement scheduled for July 15, 2024 9. Restrictive Covenant --- Seller cannot open another pizza shop or use the name Joey's Pizzeria within 25-mile radius of the Joey's Pizzeria for three (3) years after commencement of this agreement. 10.Clause regarding representation and warranties 11.Detail the due diligence process and the timing associated with that 12.Include a reasonable liquidated damages clause 13.Include such provisions as to who will notify suppliers, who will indemnify who, who will attest to the veracity of the books, how long will Bob Row have to inspect the books, whether or not Joey Seller owns all the equipment or if there are any UCC Financing Statements filed on the equipment, and any other provisions that would customarily be in such an agreement and be sure to protect the interest of Bob Row. 14.Include miscellaneous clauses such as severability, modification, choice of law, assignability, waiver, etc.,
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Asset Purchase Agreement This Asset Purchase Agreement Agreement is made and entered into as of Date by and between Buyer Robert Row 123 E Main Street ...Get Instant Access to Expert-Tailored Solutions
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