Purchase Agreement: Termination and Reverse Break-up Fee Provision

Resource type: Standard Clauses

Status: Maintained

Jurisdiction: USA

A termination provision that includes the payment of a reverse break-up fee. This Standard Clause is drafted to limit the damages payable by the buyer to the amount of the reverse break-up fee, regardless of the reason for termination. It can be used in connection with a private stock purchase, asset purchase or merger. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips.

PLC Corporate & Securities


 

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  • Resource ID: 6-383-6377
  • Products:  PLC US Corporate & Securities, PLC US Law Department
  • This resource is maintained, meaning that we monitor developments on a regular basis and update it as soon as possible.
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  • Private EquityPrivate Equity (http://usld.practicallaw.com/6-380-7412)
  • Private M&APrivate M&A (http://usld.practicallaw.com/1-380-7424)
Practice Notes
Standard Documents
Standard Clauses
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