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Delete Calculations in the Share Purchase Agreement

Delete Calculations in the Share Purchase Agreement

Aug 6th, 2022

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How to Delete Calculations in the Share Purchase Agreement

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[Music] hi everyone to continue our m a series in this video were going to be discussing the sale and purchase agreement or spa or spna depending on how you say it so what is a sale and purchase agreement well its a binding legal contract between two parties that obligates a transaction between a buyer and a seller so what it is is essentially a document very long document in practice which a lawyer will prepare and the buyer and seller will both sign and execute and this essentially makes the transaction binding so everything that weve talked about in the previous videos and much much more so in terms of the calculation of purchase price uh you know the completion mechanism the adjustment for net debt and cash and you know we talk about these things at a high level and its fairly straightforward and talk about it but actually putting it in writing it becomes a very very long document because the concern is that you know from the lawyers perspective is can it be misinterpreted or

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