Dealership Asset Purchase Agreement Sample Contracts

This DEALERSHIP ASSET PURCHASE AGREEMENT (this “Agreement”) is effective as of August 5, 2022 (the “Effective Date”), by and among Port Charlotte AFL K, LLC, a Florida limited liability company (“Buyer”), LMP Port Charlotte KOPC, LLC, a Florida limited liability company” (the “Seller”), and LMP Automotive Holdings, Inc., a Delaware corporation (“LMP”), and together with Seller and Buyer, each a “Party” and, collectively, the “Parties”).

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Dealership Asset Purchase Agreement • September 14th, 2021 • LMP Automotive Holdings, Inc. • Retail-auto dealers & gasoline stations • Texas

This DEALERSHIP ASSET PURCHASE AGREEMENT (this “Agreement”) is effective as of the date Western Title Company (Lubbock) (“Escrow Agent”) executes the escrow receipt on the last page hereto (the “Effective Date”), and is among LMP Lubbock 001 Holdings, LLC, a Texas limited liability company (“Buyer”), acting herein by and through Steve McGavock, a resident of Texas (“Principal”), and McGavock Auto Group, L.L.P., a Texas limited partnership, McGavock Nissan of Abilene, L.L.P., a Texas limited partnership, McGavock Nissan of Amarillo, LP, a Texas limited partnership, McGavock West Texas Motors, L.P., a Texas limited partnership, and McGavock Nissan of San Marcos, L.P., a Texas limited partnership (collectively, the “Seller”), and together with Buyer and Principal, each a “Party” and, collectively, the “Parties”).

Dealership Asset Purchase Agreement • April 1st, 2021 • LMP Automotive Holdings, Inc. • Retail-auto dealers & gasoline stations