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Confirmation of no outstanding Intra-group Indebtedness of Companies

From Seller to Buyer

Confirmation / Acknowledgement of no intra-group indebtedness from the Seller to the Buyer in a sale and purchase of the Company.

We hereby acknowledge and confirm on our own behalf and as agent on behalf of each other member of the Retained Group that there are no outstanding Intra-Group Indebtedness (other than Intra-Group Trading Indebtedness) owing to any member of the Retained Group from any Group Company and, to the extent that any such outstanding amount or liability exists or may exist, the Seller, for itself and as agent for each other member of the Retained Group.

How to use this Document? 

Confirmation and acknowledgement of no intra-group indebtedness from the Seller to the Buyer in a sale and purchase of the Company.

 

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  1. Create Document: Click “Create Document” button and the document will be prepared with your account details automatically filled in.
  2. Please fill in any additional information by following the step-by-step guide on the left hand side of the preview document and clicking the “Next” button.
  3. When you are done, click the “Get Document” button and you can download the document in Word or PDF format.
  4. Please review the document carefully and make any final modifications to ensure that the details are correct before sending to the addressee.
 
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intra-group indebtedness
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