Pandemic/Epidemic/Public Health Emergency Warranties for a Share Sale & Purchase Agreement
These template warranties relate to a share sale and are drafted to consider the implications of a pandemic, epidemic, or public health emergency, and the legal and business risks that may arise where a share sale takes place during such a time.
This template has been updated to remove references to Covid-19. It is intended for use where a share sale may occur during a generalised or localised public health emergency.
What does Pandemic/Epidemic/Public Health Emergency Warranties for a Share Sale & Purchase Agreement do?
These warranties are based on the standard warranties found in the Share Sale and Purchase Agreements (SPAs), with additional warranties to address the potential fallout and uncertainty created by a pandemic, epidemic, or public health emergency.
The extent to which a company may be affected will vary by business. Buyers may seek increased warranty protection given the potential impact on employees, health and safety, financing, customers and supply chain, legal and regulatory compliance, and business continuity.
When should you use Pandemic/Epidemic/Public Health Emergency Warranties for a Share Sale & Purchase Agreement?
Use this template where you want an additional warranty suite to address public health emergency-related risks in a share sale transaction.
What does Pandemic/Epidemic/Public Health Emergency Warranties for a Share Sale & Purchase Agreement cover?
It includes additional warranties intended to supplement (and, where appropriate, replace) the standard warranty set in the relevant SPA.
The warranties included in this template are only a starting point and customers may need to add to them depending on the business concerned.
What else you may need
These warranties are intended to be inserted into, and replace, the standard warranties in the relevant SPA where this type of warranty protection is required.
Pandemic/Epidemic/Public Health Emergency Warranties for a Share Sale & Purchase Agreement is part of Corporate. Just £38.50 + VAT provides unlimited downloads from Corporate for 1 year.