Legal Due Diligence · glossary
A short agreement under which the seller keeps providing services after completion, while the buyer moves them elsewhere. The Sunrise report recommended one of up to six months for treasury support and back-office IT, or a migration plan instead. Report §11.3 · Chapter 11
Explained in Chapter 11, Litigation, Tax and the Rest, of Legal Due Diligence.
Also explained in IP Licensing.
Under a transitional services agreement (TSA), the seller keeps providing the services for a short bridge after completion. The other route is to move the services onto Atlas's own systems before completion.Read Chapter 11, Litigation, Tax and the Rest →
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 →