Sale agreement

Internet-based services business
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Document overview

Use this comprehensive agreement to buy an Internet service provider business of any sort, with freehold or leasehold premises in any location. Large menu of warranties.
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  • England & Wales
  • Scotland
Document propertied
Document properties
  • Length:24 pages (5000 words)
  • Available in:
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About this document

This is a comprehensive agreement to buy a business that delivers a service via the Internet, either B2C or B2B from an individual or a company or any other organisation.

If you are buying the actual company, this agreement is not suitable. See our Company sale agreements section.

It is usual for the buyer to produce the sale document but there is no reason why the seller should not obtain an advantage by making the document his.

Note:

  • Warranties have been used only so far as appropriate to the sale of a business that delivers services via the Internet
  • Designed for the deal to be completed on the same day, not at some future time
  • Purchase price apportioned among the assets to simplify tax planning
  • Comprehensive list of matters to be done before completion and documents to be handed to the buyer
  • Provisions to prevent seller setting up in competition
  • Suitable provisions for contract to cover transfers of freehold and / or leasehold property as part of the transaction

Contents

  • Interpretation
  • Agreement for Sale
  • The Purchase Price
  • Items to be delivered at completion
  • Completion
  • Debtors
  • Creditors and Liabilities
  • Value Added Tax
  • Warranties by the Seller
  • Future Activities
  • The Guarantor
  • Communications
  • Miscellaneous Matters
  • Jurisdiction

Warranties

  • Assets
  • Accounts
  • Employees
  • Suppliers and Clients
  • Licences, consents and passwords
  • Insurance
  • Joint ventures and partnerships
  • Statutory restrictions
  • Litigation
  • Seller's activities
  • Contracts
  • Properties
  • Leasehold properties
  • Intellectual property
  • Internet domain names
  • General
Sample sale agreementSample page from the Internet services business sale agreement

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