M&A Foundations · glossary
The warranties going to the root of the deal — the seller owns the shares, has power to sell them, the company properly exists. If these are false the buyer simply did not get what it paid for, so they carry longer time limits and much higher caps than the business warranties. SPA definition · Chapter 11
Explained in Chapter 11, Warranties and Disclosure, of M&A Foundations.
the Warranties set out in paragraphs 1 and 2 of Schedule 3;Read the definition in the document →
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Every chapter of M&A Foundations is free to read, including the full training share purchase agreement. It is part of one complete fictional deal, with every document attached and a test after every chapter. Open M&A Foundations → · All terms A–Z →