Outside of the representations and warranties in a purchase agreement for the purchase and sale of a business, often the other most highly negotiated provisions are the indemnification provisions. Conceptually, these indemnification provisions set forth the terms and conditions under which the buyer or seller needs to pay the other party for any losses they suffered as a result of the other party’s breach of the purchase agreement. Regardless of how the transaction is structured, the indemnification…

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Topics:  indemnification   terms   transaction   purchase   provisions   agreement   party   
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