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Liquidation Agreement

oboloo Glossary

Liquidation Agreement

A Liquidation Agreement is a legally-binding document that outlines the procedures for liquidating or selling off assets owned by an individual or organization. This document defines the terms and conditions of the sale as well as who will be responsible for handling the process, disbursing the proceeds, and setting up a payment plan if necessary. The agreement also includes information such as the total value of the assets being liquidated, the timeline for completion of the process, and any other relevant details. With a Liquidation Agreement, businesses can rest assured that their assets are handled properly and efficiently.

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