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Typically, the purchase agreement will contemplate other agreements that are either included as exhibits or negotiated between signing in closing — so-called “ancillary agreements” or “ancillaries” for short These may include: Lease DocumentsAn assign …
Overview In this post, we return to key components of purchase agreements, this time focusing on closing conditions and covenants. Closing conditions set out the contingencies for whe …
Overview Indemnification rights give the purchase agreement’s representations and covenants teeth, imposing liability on the seller (or sellers) for the buyer’s losses due to the reps not being true or the covenants not being fulfilled. Usually, these …
