Deed of release (existing indebtedness or obligations): intra-group reorganisations | Practical Law
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A standard document for the release of existing indebtedness or obligations by way of consideration for an intra-group asset or share sale.
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Deed of release (existing indebtedness or obligations): intra-group reorganisations
Practical Law UK Standard Document 7-201-8561
(Approx. 8 pages)
Deed of release (existing indebtedness or obligations): intra-group reorganisations
by Practical Law Corporate
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A standard document for the release of existing indebtedness or obligations by way of consideration for an intra-group asset or share sale.
The standard document is intended for use in conjunction with
Standard documents, Asset purchase agreement: intra-group reorganisations
and
Share purchase agreement: intra-group reorganisations
where part or all of the consideration is to be satisfied by the release and discharge of existing indebtedness or obligations of the seller to the buyer.