Any individual, company or company that wishes to take over another business from its existing promoters or directors. The purchase or acquisition of a business usually means the takeover of a number of individual assets, the whole of which represents the value of the business as such. When it comes to the value of a company, many factors come into play: the assets invested, the portfolio of goods, the portfolio of customers, the rights to intangible assets, participations, etc. have great importance for value. Therefore, the purchase of a company always involves the acquisition of a set of rights, but also obligations. In the case of a business purchase contract, it is therefore essential to set the value of the company and mark the assets that must be taken over by the buyer through the decentralization of the company. 14. If, for any reason, the bank refuses to give its consent to the transfer of the aforementioned business and assets to the company, this contract is considered cancelled. Such consent is obtained by the seller prior to the registration of the business. 13. Upon registration of the company, the above-mentioned Board of Directors shall adopt this Agreement in order to be binding on the Company and the Enterprise as well as on the Promoters of the Project, and the Seller shall also export the documents or documents necessary for the assumption of such mortgage liability by the said Company. Generally speaking, the owner`s goal is to complete the project as quickly as possible so that he can repay his debts to the lender and start making income. In view of the owner`s dissatisfaction with the performance of the original contractor (or his absence), it is essential that the owner takes into account, when negotiating a takeover contract, the following elements: the following points should be taken into account by the guarantor when negotiating a takeover contract: (b) since the surety is liable for damages resulting from the contractor`s delay, the surety has certain rights and interests in the completion of the contractual work and in the use of any unpaid funds.
Therefore, the person in charge of the contract must carefully consider the proposals of the surety for the conclusion of the contract. The contract agent must act on the basis of the government`s interest, including any repercussions on the government`s rights vis-à-vis the guarantor. . . .