DAMAGE TO EQUIPMENT; DESTROYED OR STOLEN EQUIPMENT: Notwithstanding the loss, theft, destruction or damage to the equipment or property of any object herein, payments contained herein shall continue to be paid by Buyer. When you pay an authorized seller or reseller of equipment, there`s not much to worry about when it comes to payment. If you buy from popular platforms like Craigslist and Facebook Marketplace, you should only accept cash as a payment option to reduce the risk of fraud. Bring two copies of a completed purchase agreement, one for the seller and one for the buyer. PandaTip: Be sure to fill in the tokens and text boxes in this device sales agreement template before sending them to your customer for signature. Before accepting the purchase, ask the seller for the serial number of the device. Then call the manufacturer to see if the serial number matches a record to verify authenticity. Also, it`s a good idea to see if the item is reported stolen by searching the Stolen Register database. When filling out the device slip, be sure to specify the serial number.
12. BUYER`s DEFAULT: Time is crucial under this Agreement, and each of the following events constitutes a default on the part of Buyer: Once you have verified that the equipment is genuine, you want to ensure that you are purchasing from the actual owner. This can be done by requesting the original proof of purchase and/or purchase contract. If there was funding to purchase the equipment, ask for these documents as well. It is important to know that the equipment is fully reimbursed. The device list is a great document for general use when buying or selling a valuable device. Here are some examples of devices for which you may need to use this form: As mentioned earlier, the way this transaction is made should be fully defined. Thus, in „VIII Financing“, it will be time to indicate whether the sale of the assets in question depends on the buyer`s ability to make that purchase. If the buyer pays for the assets in question with his own capital, which means that the sale does not require additional financing, check the „Unconditional“ box in this section. In addition to declaring that the buyer is able to acquire the assets, the buyer has a period of time to provide proof of this creditworthiness. The start date of this calendar is the effective date of this document, and the number of days that make up this period should appear on the blank line after the words „.“ Proof of funds in the … „If this sale of „.
The buyer`s ability to obtain financing from a 3rd party“ (i.e. a bank), then check the second box in „VIII. Financing“ and specify the number of days after the effective date of these documents to provide the seller with a pre-approval letter from an established lender. Check the third box if this sale can only continue with the „Buyer`s Ability to Obtain Seller`s Financing“ option, and then specify the number of days from the effective date of this Agreement that will be made available to Buyer for Seller approval for the relevant loan amount in the blank line provided. An asset purchase is the act of a buyer who buys all or part of the assets of a company. Depending on the asset, depending on the assets sold, the seller may be required to pay normal income tax or capital gains. In October 2015, Walgreens entered into a $9.4 billion cash share purchase agreement with Rite Aid. As part of the deal, Walgreens would take possession of all of Rite Aid`s assets and liabilities. As a parent, you want to both teach your children responsibility and clean up. Try using this free task agreement to motivate them.
11. „AS IS“ CONDITION OF THE EQUIPMENT: Seller makes no warranty to Buyer for the sale of the Equipment and all equipment described herein will be sold in its „as is“ condition. Unfortunately, one or both parties may have problems with the other party regarding this asset sale. Such a disagreement can, however, be costly for both buyer and seller in the context of the „XVII Mediation and Arbitration“. Use the first two blank lines in this section to identify the county and state where a mediator is located to resolve such a dispute. In cases where mediation may not work, the option of arbitration (if both parties agree to a third party`s judgment on a situation) should be presented by placing the county and state where arbitration should be requested on the last two empty lines of „XVII Mediation and Arbitration.“ 5. MAINTENANCE AND REPAIR: All maintenance and repair costs of the device are paid by the buyer and the seller is released from any liability for the maintenance or repair of this device, all equipment being sold in an „as is“ condition. This equipment purchase agreement is between [Sender.Name], seller and [Client.Name], customer.
14. GOVERNING LAW: This Agreement is governed by the laws of the submission This Architect Agreement may be used by a residential architect who enters into a contract with an owner for the redevelopment of an existing building. This agreement template can be used for complementary and conversion projects. The customer is responsible for collecting the equipment purchased from the seller at [sender.address]. All devices are sold as is without any warranty being implied or given. Often, a seller requires a down payment to reserve the purchased assets. This is especially true for expensive sales. In the „V. Filing“ section, one of the checkboxes displayed must be checked to set the status of the seller`s filing request. If no deposit is required for the next step, check the box for the declaration „A deposit from the buyer is not required“. If a deposit is required for this purchase to proceed to the next step, check the box „A deposit is required…“ and enter the dollar amount required for the deposit in the blank line provided.
This also requires further definition. A deposit is considered „non-refundable“ or „refundable“. If a deposit is required but the buyer is not entitled to a return if the sale is cancelled, check the „Non-refundable“ box. The only exception to this option is if the assets to be acquired were damaged or lost value after the inspection and the initial value was determined. If the assets covered by this Agreement are „Refundable“, check the second box after the instruction „A deposit is required. If this item is selected, it will be indicated that the buyer is entitled to a refund of his deposit in the event that this sale is terminated without advancement. An asset purchase agreement, or „APA,“ allows a business to sell its tangible or intangible assets. Examples of a company`s assets include machinery, equipment, customer lists, trademarks, patents, and other valuable assets.
This Agreement applies only to the purchase of assets referred to in the Agreement and does not cover the Company`s liabilities. PandaTip: You can use the model`s price chart to list the price of the equipment sold, as well as any additional items that the customer wants to purchase, such as .B. extended warranties, service packages, or accessories. Use the menu to the right of the template to add taxes if necessary. Once this agreement is finalized with the requested material, the seller must read all the terms and conditions.. .
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