Business Transfer Agreement

This is a very substantial document dealing with the transfer of a business. The document deals with a complex business transfer, under which the seller is carrying on more than one business from a single location, and wishes to sell only one of those businesses to the purchaser. This situation, which is not uncommon, highlights the particular problems of definition and carve-out of the business to be transferred, which are the concern of business transfer transactions as opposed to share sale transactions.