Promissory Sale And Purchase Agreement Template for Australia

1. Due Diligence: Include when buyer requires a due diligence period before commitment

2. Third Party Consents: Include when the transaction requires approval from other parties

3. Intellectual Property: Include when the sale involves IP rights

4. Employee Matters: Include when the sale involves transfer of employees

5. Tax Provisions: Include when specific tax arrangements need to be addressed

6. Environmental Matters: Include when environmental liabilities or compliance is relevant

7. Confidentiality: Include when specific confidentiality obligations are required

8. Non-Competition: Include when restrictions on future competition are needed

1. Schedule 1 - Asset Description: Detailed description of the assets being sold

2. Schedule 2 - Payment Schedule: Detailed breakdown of payment installments and due dates

3. Schedule 3 - Security Details: Specifications of any security arrangements

4. Schedule 4 - Encumbrances: List of any existing encumbrances on the assets

5. Schedule 5 - Required Consents: List of required third-party consents

6. Appendix A - Completion Checklist: List of items to be delivered or actions to be taken at completion

7. Appendix B - Form of Transfer Documents: Templates of required transfer documentation

8. Appendix C - Promissory Note: Form of promissory note if separate from main agreement