M&A Boot Camp booklet 2023 - Flipbook - Page 75
Introduction to Indemnification
Interplay between indemnification provisions and other provisions
in the acquisition agreement
– Representations and covenants
– Walk rights (closing conditions and termination rights)
Why an indemnification remedy rather a breach of contract or
other remedy?
– Expansion of remedies
– Greater certainty for both parties
– Flexibility
Hogan Lovells US LLP
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