Purchase Agreement: Bring Down Closing Condition | Practical Law

Purchase Agreement: Bring Down Closing Condition | Practical Law

The bring down is a condition to closing in a purchase or merger agreement that requires the representations and warranties that were made at signing to be made again on the closing date. This Standard Clause can be used in connection with a private M&A transaction structured as a stock purchase, asset purchase, or merger. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips.

Purchase Agreement: Bring Down Closing Condition

Practical Law Standard Clauses w-002-5220 (Approx. 8 pages)

Purchase Agreement: Bring Down Closing Condition

by Practical Law Corporate & Securities
MaintainedUSA (National/Federal)
The bring down is a condition to closing in a purchase or merger agreement that requires the representations and warranties that were made at signing to be made again on the closing date. This Standard Clause can be used in connection with a private M&A transaction structured as a stock purchase, asset purchase, or merger. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips.