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Agreement of Sale - LCG
Agreement of Sale - LCG
BETWEEN:
Manish Kumar.
Aged about 35 years,
Residing at B-101, Jal Vayu Heights,
Jalahalli West,
Bangalore - 560013
,
(hereinafter called the
“SELLER”)
AND:
Vivek V,
S/o K. N. Venkata Krishna Rao
Aged about 44 years,
214, 4th A Cross
Banshanakri 3rd Stage
3rd Phase, 5th Block
Banaglore - 560085
,
(hereinafter called the
“BUYER”)
The terms “SELLER” and “BUYER” shall mean and include their respective
heirs, executors, administrators and assigns.
WITNESSETH AS FOLLOWS: -
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3rd Main, 6th Block, 2nd Phase, BSK 3rd Stage, Bangalore-560 085 and due
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to her personal reasons, the SELLER has windup her MONTESSORI
SCHOOL.
WHEREAS, the SELLER herein agreed to sell the Assets listed in the
Schedule hereunder for a sum of Rs.5, 75,000/- (rupees five lakh seventy
five thousand only) free from all encumbrances and free of defects
regarding title and possession in good condition which the BUYER
herein accepted and agreed to purchase the same at that price free from
all encumbrances and free from defects regarding title and possession.
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NOW THIS AGREEMENT OF SALE OF ASSETS WITNESSETH AS
FOLLOWS:
3. The BUYER agrees that he is purchasing and shall take possession of the
Purchased Assets in its AS IS, WHERE IS condition and
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acknowledges that she has previously been given the opportunity to
and has conducted such investigations and inspections of the
Purchased Assets as it has deemed necessary or appropriate for the
purposes of this Agreement.
4. The BUYER is not in any way be liable or responsible for, any liabilities,
obligations or debts of SELLER, whether accrued, absolute, contingent or
otherwise, arising before or after the execution of these presents.
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SCHEDULE
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IN WITNESS WHEREOF, the PARTIES hereto have affixed their
signatures to this Agreement of Sale on the date and year above written.
WITNESSES:
1) (MANISH KUMAR)
SELLER
2) (VIVEK V)
BUYER
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