Free Legal Forms
| Bill of Sale |
|
This Bill of Sale made on ____________ (Date), by and between ______________ ("Seller") and _______________________________ ("Buyer"). Whereas the Seller wishes to sell and the Buyer wishes to buy the property, assets and undertaking described in Exhibit 1 attached (collectively the "Assets") for the consideration and on the terms and conditions set forth below: Therefore, this Bill of Sale witnesses that for good and valuable consideration now paid by the Buyer to the Seller at or before the execution and delivery of this Bill of Sale, the receipt and sufficiency of which is acknowledged, the Seller grants, bargains, sells, assigns, transfers, conveys and sets over to the Buyer the Assets, upon and subject to the following terms and conditions: 1. The Seller covenants, warrants and represents that: (a) Seller has good and marketable title to the Assets, free and clear of any mortgage, charge, security interest, lien, claim, charge or other encumbrance of any nature or kind whatsoever; (b) Seller has the authority to sell the Assets to the Buyer; (c) Buyer shall, immediately after execution and delivery of this Bill of Sale, have quiet and peaceful possession and enjoyment of the Assets for its own use and benefit without any manner of hindrance, interruption, molestation, claim or demand whatsoever of, from or by the Seller or any person; (d) Seller will, from time to time and at all times hereafter, on every reasonable request of the Buyer, make, do and execute or cause to be made, done and executed all further acts, deeds or assurances as may be reasonably required by the Buyer for more effectually and completely vesting in the Buyer the Assets; (e) Seller to indemnify and save harmless the Buyer from all costs, damages, expenses and other losses resulting or arising from the breach or untruth of any covenant, warranty or representation made or given by the Seller hereunder. 2. This Bill of Sale shall inure to the benefit of the successors and assigns of the Buyer. ____________________ ____________________ Seller Buyer Date: _______________ Exhibit 1: The Collective Assets Referenced in this Bill of Sale |
Disclaimer: TrialData.com provides general information only and does not provide legal advice of any kind. TrialData.com is not an attorney or a law firm and is not a substitute for an attorney or law firm. If you have a legal question or you determine that legal or other expert assistance are required, you are urged to consult with a duly licensed and competent attorney in your jurisdiction. Use of the information provided and the TrialData.com site is subject to the Terms and Conditions of Use.