Links from this article:
Read the article here.
  • When drafting an indemnity clause in an asset purchase agreement, parties may wish to limit the time period in which the indemnity clause is to be effective. (This is referred to as the indemnification period.)

This report discusses assets that had been sold (through an asset purchase agreement) to the purchaser on a servicing released basis.The vendor in this case indemnified the purchaser against the breach of certain representations and warranties for a set period of time.

Read the article here.

Take away:

  • Parties entering into an asset purchase agreement should consider inserting an indemnification period in their indemnity clause


–  –  –

This article is provided for informational purposes only and does not create a lawyer-client relationship with the reader. It is not legal advice and should not be regarded as such. Any reliance on the information is solely at the reader’s own risk. is a legal tool geared towards entrepreneurs, early-stage businesses and small businesses alike to help draft legal documents to make businesses more productive. Clausehound offers a $10 per month DIY Legal Library which hosts tens of thousands of legal clauses, contracts, articles, lawyer commentaries and instructional videos. Find where you see this logo.