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?