Warranties given by a Seller in relation to a business acquisition. This can be inserted as a Schedule to the Business Acquisition Agreement. This Warranties are drafted in favour of the Buyer.

There are fully and accurately set out in the Disclosure Letter all facts and matters which are necessary to qualify the statements set out in this Schedule in order that such statements, as so qualified, are true, accurate and not misleading.

All information set out in the Disclosure Letter is true, accurate and not misleading.

Save for the facts and matters set out in the Disclosure Letter and for facts and matters likely to affect to a similar extent generally all companies carrying on similar businesses in [COUNTRY], there are no other facts or matters which might reasonably be expected to have a material adverse effect on the financial or trading position or prospects of the Business or on the willingness of the Buyer to acquire the Business on the terms, including consideration, set out in this Agreement.

How to use this Document?

This document should be carefully read by the Individual Buyer and Seller.

The warranties can be inserted as a Schedule to the Business Acquisition Agreement.

The Total Price to be paid, the Currency used, the Deadline for condition fulfilment and Conditions in consent should all be clearly stated in the sales agreement.

If either party wishes to amend the agreement in the future, both parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by both parties.