General Conveyance Agreement Wind-Up Template

This general conveyance agreement wind-up template has 2 pages and is a MS Word file type listed under our finance & accounting documents.

Sample of our general conveyance agreement wind-up template:

GENERAL CONVEYANCE (WIND-UP) AGREEMENT This General Conveyance (Wind-Up) Agreement (the "Agreement") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the "Parent"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [SECOND PARTY NAME] (the "Subsidiary"), 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 Subsidiary wishes to dissolve pursuant to the laws of [COUNTRY]; WHEREAS the Parent owns all the outstanding shares in the capital stock of the Subsidiary; WHEREAS the Parent has agreed to assume and discharge all the liabilities, if any, and obligations of the Subsidiary and has also agreed to assume all expenses in connection with the proposed dissolution of the Subsidiary; NOW THEREFORE in consideration of the mutual covenants and agreements herein contained, it is agreed by and between the parties hereto as follows: 1. ASSIGNMENT OF PROPERTY 1.1 The Subsidiary conveys, transfers and assigns unto the Parent with effect as of and from the close of business on l (the "Effective Date") all rights, title, benefit, interest and obligations to and under its property and assets of every nature and kind whatsoever, including, without limiting the generality of the foregoing: a) all the property of the Subsidiary, moveable and immoveable, real or personal, tangible or intangible, of every kind and wheresoever situate; b) all book and other debts due or accruing due to the Subsidiary and the full benefit and advantage of all security for such debts; c) all existing contracts, leases, agreements and engagements to which the Subsidiary is or may be bound; d) all cash on hand in banks and all securities, if any, owned by the Subsidiary; and