Enter the number of shares held by the seller. If the seller owns 100% of the shares, this recital can be modified by the fact that it says: „Considering that the seller owns all the issued and outstanding common shares with no par value per share (the „common shares of the company“) of the company (these common shares are referred to there as „shares“). A lawyer can help draft the applicable text for any other property agreement. „investment“ means (a) any direct or indirect ownership, purchase or other acquisition by a person of bonds, bonds, instruments, capital stock, options, warrants, securities or ownership (including partnership interests and joint venture shares) of another person and (b) any capital contribution or similar commitment by a person to another person; 8.1. Maintenance of insurances, guarantees and covenants. Regardless of any investigation conducted at any time by or on behalf of a party or any information a party may have in connection therewith, each of the warranties and guarantees that are made in this Agreement or any other transaction document is about to proceed to conclusion, except as set forth below. The guarantees and guarantees set out in this Agreement (with the exception of the guarantees and guarantees provided for in Section 4.3 (with respect to the capital structure), Section 4.6 (with respect to the holding of shares) and Section 4.13 (with respect to taxes), which remain until the expiry of the applicable limitation period), or any other transactional document, end on the anniversary of the closing date. After the date of termination of any representation or warranty, no right may be invoked for breach of such warranty or warranty, but none of such terminations affect claims for breach of any warranty or warranty that has been invoked in writing in accordance with Section 7.3 or Section 7.4 prior to the date of termination. To the extent that they are practicable after closing, each covenant and agreement contained in each of the transaction documents is suspended indefinitely.
If you are ready to get a share purchase agreement, publish your legal job on the UpCounsel marketplace. These lawyers have made prestigious law schools like Yale and Harvard. Since 95 percent of lawyers are gone, you only get the best legal help. UpCounsel lawyers have an average of 14 years of experience, so your company and shareholders are in good hands. A share purchase agreement is defined as a good quality contract between a seller and a buyer. They can be referred to as sellers and buyers in the contract. The exact number of shares is indicated in the contract at the indicated price. This agreement proves that the sale and the conditions were mutually agreed. Each agreement is concluded with a section covering all the different provisions.
These can touch on a wide range of topics, such as the following: warranties and liabilities should be checked to ensure that there is no misrepresentation. If this happens and is found later, there are legal actions and possible remedies….