Legal Due Diligence Commercial Contract Review Template—Asset Purchase
Project [Insert project name] commercial contract review
Document name: | [insert details] |
Data room reference: | [insert details] |
Reviewed by: | [insert details] |
Review date: | [insert details] |
Follow up instructions comments following review: | |
Summary of contents | |
Parties | |
Agreement date | |
Document description and basic terms | |
Duration | |
Payment provisions/Consideration | |
Assignment/Novation/Delegation/Sub-contracting provisions | |
Termination events/default provisions | |
Change of control provisions | |
Surviving warranties and representations | |
Surviving indemnities | |
Guarantees/Pledges/Letters of credit etc | |
Limitations on liability and exclusions | |
Confidentiality | |
Restrictive covenants | |
Third party rights | |
Governing law and jurisdiction | |
Duly executed? | |
Number and nature of schedules and appendices | |
Any variations/amendments (include any oral/undocumented, if known)? | |
Other unusual / onerous provisions | |
Any omissions? | |
Any material changes to be carried out? |