M&A Boot Camp booklet 2023 - Flipbook - Page 66
Pre-Closing Covenants of Buyer
Sample pre-closing covenant of the buyer – excerpt from the buyer’s
covenants regarding regulatory approvals:
“Buyer shall use commercially reasonable efforts to cause to be taken
all actions necessary or advisable to consummate the Merger.
“Buyer shall use commercially reasonable efforts to obtain each
Governmental Approval (if any) required to be obtained by Buyer in
connection with the Merger, including commercially reasonable efforts
to take any action necessary to resolve any objection that any
Governmental Body may assert under any antitrust law with respect
to the Merger.”
Hogan Lovells US LLP
12