Venture Deals · glossary

Warrantors

The people who give the warranties. On the Series A they were the company and Elena Marsh. Cormac Duffy gave nothing, because he had left. Definition of Warrantors · Chapter 10

Explained in Chapter 10, Warranties, Disclosure and Completion, of Venture Deals.

How it comes up, in Chapter 10
Clause 8.1 names the warrantors. The company and Elena Marsh together give paragraphs 1 to 13 of Schedule 4, the company warranties about the business. Elena Marsh alone gives paragraph 14, the founder warranties. These cover her title to her own shares, her own intellectual property and her fitness to direct a regulated business.
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As defined in the training investment agreement
the Company and the Founder, and in relation to the Founder Warranties the Founder alone; Cormac Duffy gave no warranty under this agreement and has been released from all claims under the Founder Settlement Deed.
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Where this term lives

This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Venture Deals → · All terms A–Z →