This type of written agreement is usually extensive enough to protect each party from potential debts. To give an example, here you will find a link to a PDF asset sale contract. In this example, there is an agreement between a hospital and a healthcare company based in Garden City, Michigan. Examples of assets that could be found in an APA are as follows: the agreement serves as a contract between a buyer and a seller that sets the terms of sale of a company`s assets. This contract is necessary to protect each party from any liability and dictate the conditions of sale. For example, the seller must declare that the purchased asset matches the value and that he has no debt or legal problems during the purchase. As a rule, these contracts also contain detailed conditions that involve the transfer of debts to the buyer. . .