General Conveyance Agreement Moveable & Immoveable Template

Business-in-a-Box's General Conveyance Agreement Moveable & Immoveable Template

Document content

This general conveyance agreement moveable & immoveable template has 3 pages and is a MS Word file type listed under our finance & accounting documents.

Sample of our general conveyance agreement moveable & immoveable template:

GENERAL CONVEYANCE AGREEMENT This General Conveyance Agreement (the "Agreement") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the "Assignor"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [COMPANY NAME] (the "Assignee"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS the Assignor wishes to proceed with the distribution of its property and the discharge of its debts and obligations in order to effect its voluntary dissolution in accordance with the provisions of the laws of [STATE/PROVINCE] (the "Act"); WHEREAS the Assignee is the holder and beneficial owner of all of the shares in the share capital of the Assignor and as such is entitled to receive the property of the Assignor upon the distribution thereof; WHEREAS the Assignee has agreed to assume and discharge all debts and obligations of the Assignor; NOW THEREFORE in consideration of the mutual covenants and agreements contained in this Agreement, it is agreed by and between the parties as follows: 1 ASSIGNMENT OF PROPERTY 1.1 The Assignor hereby sells, transfers, cedes, conveys and assigns to the Assignee, hereby accepting, all of the right, title, benefit and interest of the Assignor in and to all of its property and assets of every nature and kind whatsoever, including, without limiting the generality of the foregoing: 1.1.1 all the property of the Assignor, moveable and immoveable, real or personal, tangible or intangible, of every kind and wheresoever situate, including, without limitation, the immovable described as: that certain emplacement at [ADDRESS] in the City of [CITY], [State/Province] of [STATE/PROVINCE], known and designated as subdivision [NUMBER] of Original Lot number [NUMBER] on the Official Plan and Book of Reference of [CITY]; 1.1.2 all book and other debts due or accruing due to the Assignor and the full benefit and advantage of all security for such debts; 1.1.3 all existing contracts, leases, agreements and engagements to which the Assignor is a party and by which it is bound; 1.1.4 all cash on hand in banks and all securities (if any) owned by the Assignor; and all other property, assets and rights which the Assignor is or may hereafter be entitled to in connection with the business carried on by it or otherwise; TO HOLD AND TO HAVE the said hereby sold, transferred, ceded, conveyed and assigned property, assets and rights and all right, title, benefit and interest of the Assignor thereto and therein unto and to the use of the Assignee, its successors and assigns. 2 ASSUMPTION OF DEBTS AND OBLIGATIONS 2.1 The Assignee hereby irrevocably assumes and agrees to discharge all debts and obligations of the Assignor to the complete exoneration of the Assignor and agrees to assume all expenses in connection with the dissolution of the Assignor. 3 FURTHER ASSURANCES 3

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Document content

This general conveyance agreement moveable & immoveable template has 3 pages and is a MS Word file type listed under our finance & accounting documents.

Sample of our general conveyance agreement moveable & immoveable template:

GENERAL CONVEYANCE AGREEMENT This General Conveyance Agreement (the "Agreement") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the "Assignor"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [COMPANY NAME] (the "Assignee"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS the Assignor wishes to proceed with the distribution of its property and the discharge of its debts and obligations in order to effect its voluntary dissolution in accordance with the provisions of the laws of [STATE/PROVINCE] (the "Act"); WHEREAS the Assignee is the holder and beneficial owner of all of the shares in the share capital of the Assignor and as such is entitled to receive the property of the Assignor upon the distribution thereof; WHEREAS the Assignee has agreed to assume and discharge all debts and obligations of the Assignor; NOW THEREFORE in consideration of the mutual covenants and agreements contained in this Agreement, it is agreed by and between the parties as follows: 1 ASSIGNMENT OF PROPERTY 1.1 The Assignor hereby sells, transfers, cedes, conveys and assigns to the Assignee, hereby accepting, all of the right, title, benefit and interest of the Assignor in and to all of its property and assets of every nature and kind whatsoever, including, without limiting the generality of the foregoing: 1.1.1 all the property of the Assignor, moveable and immoveable, real or personal, tangible or intangible, of every kind and wheresoever situate, including, without limitation, the immovable described as: that certain emplacement at [ADDRESS] in the City of [CITY], [State/Province] of [STATE/PROVINCE], known and designated as subdivision [NUMBER] of Original Lot number [NUMBER] on the Official Plan and Book of Reference of [CITY]; 1.1.2 all book and other debts due or accruing due to the Assignor and the full benefit and advantage of all security for such debts; 1.1.3 all existing contracts, leases, agreements and engagements to which the Assignor is a party and by which it is bound; 1.1.4 all cash on hand in banks and all securities (if any) owned by the Assignor; and all other property, assets and rights which the Assignor is or may hereafter be entitled to in connection with the business carried on by it or otherwise; TO HOLD AND TO HAVE the said hereby sold, transferred, ceded, conveyed and assigned property, assets and rights and all right, title, benefit and interest of the Assignor thereto and therein unto and to the use of the Assignee, its successors and assigns. 2 ASSUMPTION OF DEBTS AND OBLIGATIONS 2.1 The Assignee hereby irrevocably assumes and agrees to discharge all debts and obligations of the Assignor to the complete exoneration of the Assignor and agrees to assume all expenses in connection with the dissolution of the Assignor. 3 FURTHER ASSURANCES 3

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