Company Letterhead
{{company_name}}
{{company_address}}
Phone: {{phone}}
Email: {{email}}
Website: {{website}}
NOTICE OF BULK TRANSFER
DATE: {{date}}
TO: All Known Creditors of {{transferor_company_name}}
SECTION 1. TRANSFEROR INFORMATION
Notice is hereby given that a bulk transfer is contemplated by {{transferor_company_name}}, a company duly incorporated under the laws of {{transferor_jurisdiction}}, with its principal place of business located at {{transferor_address}} (hereinafter referred to as the “Transferor”).
SECTION 2. TRANSFEREE INFORMATION
The transferee in this transaction is {{transferee_company_name}}, a company duly incorporated under the laws of {{transferee_jurisdiction}}, with its principal place of business located at {{transferee_address}} (hereinafter referred to as the “Transferee”).
SECTION 3. DESCRIPTION OF ASSETS
The bulk transfer involves the following assets: {{description_of_assets}}. These assets are currently located at {{asset_location}}.
SECTION 4. CONSIDERATION FOR TRANSFER
The consideration for this bulk transfer will be {{consideration_amount}} {{currency}} ({{consideration_amount_words}} {{currency}}), payable in the following manner: {{payment_terms}}. The estimated net proceeds will be used as follows: {{use_of_proceeds}}.
SECTION 5. EFFECTIVE DATE OF TRANSFER
The effective date of this bulk transfer is scheduled for {{effective_date}}, at {{effective_time}} {{time_zone}}.
SECTION 6. LOCATION FOR INSPECTION OF SCHEDULE OF PROPERTY AND LIST OF CREDITORS
A schedule of the property transferred and a list of the Transferor’s creditors may be inspected by any creditor of the Transferor at {{inspection_address}} during regular business hours, from {{start_date}} to {{end_date}}, between {{start_time}} and {{end_time}}.
SECTION 7. CLAIMS BY CREDITORS
Creditors wishing to assert claims against the Transferor’s assets must do so in writing, submitted to {{claims_address}}, by no later than {{claims_deadline}}. Any claim not received by this deadline may be barred.
SECTION 8. CONTACT INFORMATION
For any inquiries regarding this bulk transfer, please contact: {{contact_person_name}}, at {{contact_person_email}} or {{contact_person_phone}}.
Signature Block
Sincerely,
___________________________
{{transferor_signatory_name}}
{{transferor_signatory_title}}
{{transferor_company_name}}
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