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Environmental indemnity: seller-friendly draft: asset purchase agreement
Practical Law UK Standard Clause 4-201-0726 (Approx. 21 pages)
Environmental indemnity: seller-friendly draft: asset purchase agreement
| Law stated as at 19 May 2022 • United Kingdom |
An environmental indemnity for use in an acquisition of assets, including properties. This environmental indemnity strongly favours the seller.
It is drafted as a schedule to an asset purchase agreement but could be adapted to be used as a stand-alone deed.
This environmental indemnity schedule should be used in conjunction with Standard document, Asset purchase agreement.