Legal Due Diligence · glossary
The seller's promises in the SPA about running the business between signing and completion. They keep the business in the ordinary course, so the buyer receives what it priced. On Sunrise they also stopped the group provoking Novapay. Chapter 7
Explained in Chapter 7, Material Contracts, of Legal Due Diligence.
Conduct covenants are the seller's promises about running the business between signing and completion (clause 6). Here they stop the Group provoking Novapay or reopening its terms while the deal is pending.Read Chapter 7, Material Contracts →
Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.Chapter 1 of Legal Due Diligence and this glossary are free to read; the rest of the edition is in the Library, at €12 a month or €79 for a Year Pass.
Related terms
Where this term lives
This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Legal Due Diligence → · All terms A–Z →