Asset Sale definition: Copy, customize, and use instantly
Introduction
The term "Asset Sale" refers to a transaction where a seller transfers ownership of specific assets to a buyer, rather than transferring the entire business entity. Asset sales are commonly used in mergers, acquisitions, or restructuring agreements and involve physical, financial, or intellectual property assets.
Below are various examples of how "Asset Sale" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Asset Sale" as a tangible asset transfer
This definition ties "Asset Sale" to the sale of physical assets.
"Asset Sale" means the transfer of tangible assets such as machinery, equipment, or inventory from the seller to the buyer.
Definition of "Asset Sale" as an intellectual property sale
This definition connects "Asset Sale" to the transfer of intellectual property rights.
"Asset Sale" refers to a transaction involving the sale of intellectual property, including patents, trademarks, copyrights, or trade secrets.
Definition of "Asset Sale" as a financial asset transaction
This definition links "Asset Sale" to the sale of financial instruments.
"Asset Sale" means the transfer of financial assets such as accounts receivable, stocks, or bonds from one party to another.
Definition of "Asset Sale" as a real estate transaction
This definition applies "Asset Sale" to the sale of real property.
"Asset Sale" refers to the transfer of ownership of real estate, including land, buildings, or other immovable property.
Definition of "Asset Sale" as a partial business sale
This definition ties "Asset Sale" to selling part of a business's operations.
"Asset Sale" means the sale of a segment, division, or specific business unit without transferring the entire enterprise.
Definition of "Asset Sale" as a distressed asset transaction
This definition connects "Asset Sale" to sales occurring during financial distress.
"Asset Sale" refers to the transfer of assets as part of a restructuring, bankruptcy, or liquidation process.
Definition of "Asset Sale" as a leasehold asset sale
This definition links "Asset Sale" to transactions involving leased property.
"Asset Sale" means the transfer of leasehold rights or interests in leased property from one party to another.
Definition of "Asset Sale" as a cross-border transaction
This definition applies "Asset Sale" to international asset transfers.
"Asset Sale" refers to the sale of assets involving parties located in different countries, subject to cross-border regulations.
Definition of "Asset Sale" as a goodwill transfer
This definition ties "Asset Sale" to the sale of intangible business value.
"Asset Sale" means the transfer of goodwill or brand value associated with a business, separate from its tangible assets.
Definition of "Asset Sale" as an auction-based transaction
This definition connects "Asset Sale" to assets sold via auction.
"Asset Sale" refers to the sale of assets conducted through an auction process, typically involving competitive bidding.
Definition of "Asset Sale" as an equipment sale
This definition links "Asset Sale" to machinery and tools.
"Asset Sale" means the transfer of operational equipment, tools, or machinery required for business activities.
Definition of "Asset Sale" as a technology transfer
This definition applies "Asset Sale" to technology-related transactions.
"Asset Sale" refers to the transfer of technological assets, including software, hardware, or proprietary systems.
Definition of "Asset Sale" as an inventory liquidation
This definition ties "Asset Sale" to the disposal of inventory.
"Asset Sale" means the sale of excess, obsolete, or surplus inventory as part of a liquidation or restructuring effort.
Definition of "Asset Sale" as a legal entity carve-out
This definition connects "Asset Sale" to divestitures of legal entities.
"Asset Sale" refers to the divestment of specific legal entities or subsidiaries as part of a broader corporate restructuring.
Definition of "Asset Sale" as a cash-only transaction
This definition links "Asset Sale" to cash-based purchases.
"Asset Sale" means a transaction where the buyer pays cash for the assets being transferred, without involving other forms of consideration.
Definition of "Asset Sale" as a secured asset transfer
This definition applies "Asset Sale" to sales involving secured assets.
"Asset Sale" refers to the sale of assets that are subject to liens or other security interests, with the proceeds used to satisfy outstanding obligations.
Definition of "Asset Sale" as an equity asset transaction
This definition ties "Asset Sale" to equity-related transfers.
"Asset Sale" means the sale of equity interests in a business, often involving shares or ownership stakes in subsidiaries or affiliates.
Definition of "Asset Sale" as a partnership dissolution
This definition connects "Asset Sale" to the breakup of partnerships.
"Asset Sale" refers to the sale of assets resulting from the dissolution of a business partnership.
Definition of "Asset Sale" as a tax-advantaged transaction
This definition links "Asset Sale" to tax-efficient transfers.
"Asset Sale" means the transfer of assets structured to minimize tax liabilities for the parties involved.
Definition of "Asset Sale" as a bulk sale
This definition applies "Asset Sale" to bulk asset transfers.
"Asset Sale" refers to the sale of a group of assets in a single transaction, often at a discounted price.
Definition of "Asset Sale" as a transfer of customer contracts
This definition ties "Asset Sale" to customer relationships.
"Asset Sale" means the sale and transfer of customer contracts or agreements as part of a transaction.
Definition of "Asset Sale" as a bankruptcy liquidation
This definition connects "Asset Sale" to bankruptcy proceedings.
"Asset Sale" refers to the sale of assets as part of a bankruptcy liquidation process to satisfy creditor claims.
Definition of "Asset Sale" as a management buyout
This definition links "Asset Sale" to employee-led transactions.
"Asset Sale" means the transfer of business assets to the management team or employees of the organization.
Definition of "Asset Sale" as a short-term asset transfer
This definition applies "Asset Sale" to temporary sales.
"Asset Sale" refers to the sale of assets intended for short-term use or interim arrangements.
Definition of "Asset Sale" as a divestiture of non-core assets
This definition ties "Asset Sale" to non-essential asset transfers.
"Asset Sale" means the divestiture of non-core or redundant assets that are not integral to the primary operations of the business.
Definition of "Asset Sale" as a distressed property sale
This definition applies "Asset Sale" to transactions involving distressed properties.
"Asset Sale" means the transfer of distressed real estate or properties sold below market value due to financial difficulties.
Definition of "Asset Sale" as a fractional asset transfer
This definition connects "Asset Sale" to partial ownership.
"Asset Sale" refers to the sale of fractional interests or partial ownership rights in specific assets.
Definition of "Asset Sale" as a receivables sale
This definition ties "Asset Sale" to selling accounts receivable.
"Asset Sale" means the transfer of accounts receivable to a third party, often for immediate liquidity.
Definition of "Asset Sale" as an intangible asset liquidation
This definition applies "Asset Sale" to intangible assets.
"Asset Sale" refers to the liquidation of intangible assets, such as trademarks or licenses, during restructuring.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.