DEALERSHIP ASSET PURCHASE AGREEMENTDealership Asset Purchase Agreement • July 20th, 2021 • LMP Automotive Holdings, Inc. • Retail-auto dealers & gasoline stations
This DEALERSHIP ASSET PURCHASE AGREEMENT (this “Agreement”) is effective as of the date First American Title Company (“Escrow Agent”) executes the escrow receipt on the last page hereto (the “Effective Date”), and is among LMP Automotive Holdings, Inc., a Delaware corporation or its assigns (“Buyer”), David Peacock and Aldo B. Paret, Texas residents (collectively, “Principal”), and Tom Peacock Nissan/Cadillac, Inc., a Texas corporation (“Seller”; and together with Buyer and Principal, each a “Party” and, collectively, the “Parties”).
