Key description
- This is an agreement for the sale of a majority or a minority shareholding in a private company for cash (rather than shares). The company could be in any industry, and the seller and the buyer could be private individuals or other companies
Language
Categories
Industries
Covered clausesGeneral
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Definitions
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Interpretation
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Agreement For Sale
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Calculation of Minimum Net Profit
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Completion and Deliver of Documents
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Warranties Applicability and Limitation
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Warranties By Sale Shareholders
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Trustees Warranties
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Warranties By Continuing Shareholders
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Restrictive Agreement
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Sale Shareholders' Protection
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Guarantor
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Miscellaneous Matters
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Schedule 1: Shareholdings
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Schedule 2: Details of The Company
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Schedule 4: Short Particulars of The Properties
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Schedule 5: Pension Arrangements
Schedule 3
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Warranties
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General
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No Damaging Effect of This Agreement
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Company Structure and Operation
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Accounts
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Cash Flow
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Taxation
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Guarantees and Borrowing
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Assets
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Trading and Contracts
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Statutory Restrictions
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Litigation and Regulation
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Properties - All
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Properties Let By The Company
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Defective Products and Service Liabilities
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Exceptional Regulations
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Employment
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Pensions
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Insurance
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Intellectual Property
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Informational Technology
