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Commentary

133 Assignment of benefit of share sale agreement

COMPANIES vol 11 acquisitions, mergers, demergers
| Commentary

133 Assignment of benefit of share sale agreement

| Commentary

133 Assignment of benefit of share sale agreement

The sellers will also want to consider whether they would be prepared to allow the benefit of the share purchase sale, including the warranties, to be assigned by the buyer and, if so, whether such assignment should be without restriction or only to certain specified categories of persons such as members of the buyer’s group from time to time. In any event, the assignment clause should contain a provision making it clear that the assignee will be in no better position under the warranties than the buyer would have been had no

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