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Multipurpose Contract Price Reduction and Incentive Agreement THIS MULTIPURPOSE PRICE REDUCTION AND INCENTIVE AGREEMENT, made this day of, 2017, (the Agreement) is by and between Prime Luce, LLC,
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It is an agreement for the sale of a substantial amount of inventory, equipment, or other assets of a business.
The seller of the assets is typically required to file a bulk sales agreement.
The bulk sales agreement should include details of the assets being sold, the purchase price, and any relevant terms and conditions.
The purpose is to protect creditors by providing notice of a significant sale of assets that may affect the seller's ability to repay debts.
Details of the assets being sold, the purchase price, and any relevant terms and conditions must be reported.
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