Glossary
Business Purchase Agreement
The contract that governs the takeover: what is being sold, the price and payment terms, warranties, the closing date and transition rules. For a share deal involving a GmbH, it must be notarised.
Related termWarranties in the Purchase AgreementAssurances by the seller about the state of the company, for example regarding accounts, contracts, taxes or legal disputes.Next Read moreTake over or start a company: What's a better fit for you.Next
FAQ
Frequently asked questions
What is a business purchase agreement?
The contract that governs the takeover: what is being sold, the price and payment terms, warranties, the closing date and transition rules.
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