ºÚÁÏÊÓƵ

All Countries
Commercial Transfer Agreement

Commercial Transfer Agreement Template for England and Wales

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Commercial Transfer Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Commercial Transfer Agreement

"I need a Commercial Transfer Agreement to transfer my small manufacturing business and its assets to a competitor, including machinery and client contracts, with completion planned for March 2025."

Celebrated by
Collaborations with
Investors
Document background
The Commercial Transfer Agreement is essential for structuring and documenting commercial transfers in England and Wales. It's commonly used when businesses want to transfer assets, operations, or entire business units to another entity. The agreement covers crucial elements including asset identification, valuation, warranties, indemnities, and completion mechanics. It must comply with English law requirements and may need to address various regulatory aspects depending on the nature of the transfer, such as TUPE regulations for employee transfers or competition law considerations for larger transactions.
Suggested Sections

1. Parties: Identification and details of transferor and transferee

2. Background: Context and purpose of the transfer

3. Definitions: Key terms used throughout the agreement including relevant legislation references

4. Transfer Details: Specific assets/business elements being transferred and mechanics of transfer

5. Consideration: Payment terms, method, and any adjustments

6. Completion: Transfer timing, mechanics, and conditions precedent

7. Warranties: Standard commercial warranties from both parties

8. Governing Law and Jurisdiction: Specification of English and Welsh law and courts' jurisdiction

Optional Sections

1. Employee Provisions: TUPE provisions, employee consultation, and protection of employment terms

2. Intellectual Property: Transfer of IP rights, licenses, and related warranties

3. Data Protection: GDPR compliance, data transfer mechanisms, and privacy obligations

4. Property Transfer: Real estate transfer provisions and related warranties

5. Tax Provisions: VAT treatment, tax indemnities, and stamp duty provisions

Suggested Schedules

1. Schedule 1 - Assets: Detailed inventory of tangible and intangible assets being transferred

2. Schedule 2 - Employees: List of transferring employees, their terms and conditions

3. Schedule 3 - Properties: Details of any real estate being transferred including title information

4. Schedule 4 - Contracts: List of contracts being assigned or novated

5. Schedule 5 - Completion Requirements: Checklist of completion deliverables and closing conditions

6. Schedule 6 - Warranties: Detailed warranties and representations from both parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ ºÚÁÏÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions






























Clauses






























Relevant Industries
Relevant Teams
Relevant Roles
Industries

Sale of Goods Act 1979: Primary legislation governing sale of goods, covering transfer of title, quality and fitness for purpose, and delivery terms and conditions

Supply of Goods and Services Act 1982: Legislation governing quality of service provisions and requirements when services are included in the transfer

Companies Act 2006: Core company law legislation covering corporate authority requirements, filing requirements, and director duties

Transfer of Undertakings (Protection of Employment) Regulations 2006: Known as TUPE, protects employees' rights during business transfers and ensures continuity of employment

Value Added Tax Act 1994: Legislation governing VAT implications of commercial transfers and related transactions

Data Protection Act 2018 and UK GDPR: Legal framework for data protection and privacy, crucial when personal data is being transferred

Competition Act 1998: Legislation governing merger control considerations and anti-competitive provisions in commercial transfers

Contracts (Rights of Third Parties) Act 1999: Governs how third parties may enforce terms of a contract and their rights in commercial arrangements

Consumer Rights Act 2015: Relevant when business-to-consumer elements are involved in the commercial transfer

Law of Property Act 1925: Fundamental property law legislation applicable when real property is involved in the transfer

Common Law Principles: Essential legal principles including contract formation, misrepresentation, mistake, frustration, and force majeure

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Vehicle Transfer Of Ownership Agreement

find out more

Technology Transfer Contract

find out more

Takeover Agreement By Transfer Of Company Shares

find out more

Stock Transfer Agreement Gift

find out more

Source Code Transfer Agreement

find out more

Simple Asset Transfer Agreement

find out more

Real Estate Transfer Agreement

find out more

Profit Transfer Agreement

find out more

Note Transfer Agreement

find out more

Interest Transfer Agreement

find out more

Intercompany Contract

find out more

Domain Transfer Contract

find out more

Domain Transfer Agreement

find out more

Business Transfer Of Ownership Contract

find out more

Business Sales Agreement Contract

find out more

Business Sale Purchase Agreement

find out more

Assignment Of Sublease

find out more

Asset Transfer Agreement Between Related Companies

find out more

Funds Transfer Agent Agreement

An English law agreement establishing the terms for transfer agent services in fund administration and shareholder record-keeping.

find out more

Small Business Transfer Agreement

A legal agreement under English and Welsh law for the sale and transfer of a small business, including its assets, employees, and obligations.

find out more

Lease Transfer Contract

A legally binding agreement under English and Welsh law that transfers lease rights and obligations from one tenant to another, with landlord's consent.

find out more

Commercial Transfer Agreement

A legally binding agreement under English law for the transfer of business assets or operations between parties.

find out more

Assignment Of Membership Interest Agreement

A legal agreement under English and Welsh law facilitating the transfer of business ownership interests between parties.

find out more

Transfer Of Property Rights Agreement

A legal agreement under English and Welsh law that facilitates the transfer of property rights between parties.

find out more

Software Source Code Transfer Agreement

A legal agreement governed by English and Welsh law for transferring ownership of software source code and associated rights between parties.

find out more

Lease Takeover Agreement

An English law agreement enabling the transfer of lease rights and obligations from an existing tenant to a new tenant, with landlord's consent.

find out more

Promissory Note Transfer Agreement

An English law agreement facilitating the transfer of rights and obligations under a promissory note between parties.

find out more

Vehicle Ownership Transfer Agreement

An agreement under English and Welsh law documenting the legal transfer of vehicle ownership between parties.

find out more

Intra Company Agreement

A legally binding agreement under English and Welsh law that governs relationships and transactions between entities within the same corporate group.

find out more

Company Takeover Agreement

A legal agreement governing the acquisition of a company under English and Welsh law, setting out terms and conditions of the sale.

find out more

Transfer Of Land Ownership Agreement

A legal document used in England and Wales to transfer property ownership between parties, compliant with Land Registration Act 2002.

find out more

Unit Transfer Agreement

An English law agreement facilitating the transfer of ownership units between parties, setting out transfer terms and conditions.

find out more

Simple Transfer Of Ownership Agreement

A legal document under English and Welsh law that facilitates the transfer of ownership of property or assets between parties.

find out more

Intra Group Transfer Agreement

A legally binding agreement under English and Welsh law governing the transfer of assets or operations between companies within the same corporate group.

find out more

Capital Transfer Agreement

A legally binding agreement under English law facilitating the transfer of capital assets between parties.

find out more

Transfer Payment Agreement

An English law agreement setting out terms for transferring funds between parties, including payment obligations and compliance requirements.

find out more

Partnership Transfer Agreement

A legal agreement under English and Welsh law facilitating the transfer of partnership interests between parties, including terms, conditions, and obligations of the transfer.

find out more

Software Transfer Agreement

A legal agreement under English and Welsh law governing the transfer of ownership and rights in software from one party to another.

find out more

Conveyance Agreement

A legal document under English and Welsh law that transfers ownership of real property between parties.

find out more

Land Transfer Agreement

A legal document used in England and Wales to transfer ownership of real property between parties, complying with Land Registry requirements.

find out more

Profit And Loss Transfer Agreement

An English law agreement governing the transfer of profits and losses between companies within a corporate group.

find out more

Money Transfer Agreement

A legally binding agreement under English and Welsh law establishing terms for money transfer services between a provider and customer.

find out more

Liability Transfer Agreement

An agreement governed by English law that enables the formal transfer of specified liabilities between parties.

find out more

Assignment And Transfer Agreement

A legal document under English and Welsh law facilitating the transfer of rights, obligations, or property between parties.

find out more

Asset Transfer Agreement

A legally binding agreement under English and Welsh law facilitating the transfer of ownership of specified assets between parties.

find out more

Rights Transfer Agreement

A legal agreement under English and Welsh law facilitating the permanent transfer of intellectual property rights between parties.

find out more

Loan Transfer Agreement

An English law agreement facilitating the transfer of rights and obligations under a loan between parties.

find out more

Title Transfer Agreement

An English law agreement facilitating the legal transfer of ownership rights in assets between parties.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.

Draft quality legal agreements or review documents in 3 minutes

BlogAbout UsCareersAI Legal Document Generator

Templates

Short-Form Directors Loan AgreementMandate Letter (Best Efforts)Drawdown Request (Borrower to Lender)Promissory Note (UK)Letter of Waiver (Loan)Finance Legal Templates

Industries

Legal Services

Limited Power of AttorneyBasic Binding Side LetterLetter of IntentNon Binding Comfort LetterDeed of Surrender (Lease)Templates for Lawyers

Manufacturing

Manufacturing Legal Templates

Construction

Letter of Claim (Pre-Action Protocol)Tenancy at WillSection 146 Notice (Remedy Breach of Lease)Notice Of Forfeiture Of Lease By LandlordLease Report (Long Form)Construction Legal Templates

Solutions

Use Cases

Company Types

Comparisons

Business Categories

Teams

Information

© 2024 ºÚÁÏÊÓƵ. All rights reserved