Publisher one

Genie AI

Jurisdiction

England and Wales

Contract party

Relevant sectors

Type of legal document

💳 Due diligence

Why use a 💳 Due diligence?

Due diligence refers to the research a company does to confirm that a potential transaction is sound. This research includes looking at the financials of the company, their products or services, and their business model. Due diligence also includes making sure that the company is in compliance with all relevant laws and regulations.

This legal template is designed for conducting a comprehensive due diligence review specifically for commercial contracts in the context of a share purchase transaction, with the legal framework based on UK laws. The template seeks to provide a systematic process for assessing the contractual agreements and obligations of a target company involved in the share purchase, ensuring that all relevant aspects of the commercial contracts are thoroughly examined and analyzed.

The template's aim is to detect any potential risks, liabilities, or non-compliance issues arising from the target company's commercial contracts. This review typically covers a wide range of contractual documents, such as purchase agreements, supply and distribution agreements, license and lease agreements, employment contracts, confidentiality agreements, and any other agreements that may impact the target company's operations or legal position.

Key areas of focus within the due diligence review involve scrutinizing contractual terms and conditions, identifying potential breaches of contract, ascertaining the enforceability and validity of contracts, evaluating any ongoing disputes or litigation related to contracts, and assessing the financial implications, including termination clauses, indemnification provisions, and liability limitations. Additionally, the template may also incorporate factors such as contract assignment provisions, change of control clauses, and the appropriateness of any change of control consents required.

By utilizing this legal template, potential issues or liabilities can be identified, allowing the parties involved in the share purchase transaction to make informed decisions and take necessary steps to mitigate risks.

How it works

Create doc / use template

Chat to our AI Legal Assistant

Edit, collaborate & share

Export to .docx

PRODUCT HUNT
#1 Product of the Day

Try using Genie's Free AI Legal Assistant

Generate quality, formatted contracts with AI

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

Let our Legal AI make 
edits for you

Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.

AI review

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

See Genie AI in action

Book your personalised demo now

Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue



Click here to book your personalised demo now.

Thank you for requesting a demo. You can book one immediately using the following link if you'd like to: https://bit.ly/GenieAIDemo

If you'd like to, you can now fill in our ROI calculator - you'll get instant results, which we'll use to make your demo even more specific.

Calculate now
Oops! Something went wrong while submitting the form.



Click here to book your personalised demo now.

Similar legal templates

Tender Invitation For Procurement of Services

This legal template could be a document that outlines the process for inviting bids or proposals from interested parties for the procurement of services, in accordance with UK law. It may include details such as the scope of services required, evaluation criteria, submission requirements, timeline, terms and conditions, and any other relevant information necessary for potential suppliers to submit their proposals. The template would likely specify the legal framework and regulations that need to be followed during the procurement process, ensuring fairness, transparency, and adherence to UK law. Overall, this template aims to provide a comprehensive and legally compliant framework for conducting a competitive procurement process for services within the UK jurisdiction.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
6
RATINGS
0
DISCUSSIONS
0

Van Driver Contract

This Van Driver contract template is designed for a commercial driving organisation (or an individual van driver) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of driving and driving-related services to be completed by the van driver on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the driving firm or individual van driver on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).

Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
6
RATINGS
0
DISCUSSIONS
0

Unilateral Undertaking (Section 106)

The Unilateral Undertaking (Section 106) legal template pertains to an essential provision under UK law that addresses planning obligations associated with development projects. As part of the planning permission process, local planning authorities in the UK may impose conditions or obligations on developers to ensure the project's positive impact on the community and environment. Section 106 of the Town and Country Planning Act 1990 enables authorities to require unilateral undertakings from developers, meaning legally binding commitments made solely by the developer.

This legal template sets out the framework for such unilateral undertakings, which typically involve financial contributions, provision of public amenities, or other actions that mitigate or compensate for the development's effects. The template comprehensively outlines the necessary sections, including the introduction, definitions, agreements, obligations, enforcement mechanisms, and termination clauses.

By utilizing this legal template, both developers and local planning authorities can ensure clarity, fairness, and compliance with legal requirements during the negotiation, drafting, and finalization of unilateral undertakings. It enables the provision of detailed obligations that developers must fulfill, ensuring the necessary infrastructure and community benefits are delivered alongside the development project.

Overall, the Unilateral Undertaking (Section 106) legal template plays a vital role in harmonizing the interests of urban development and the well-being of communities in the UK by providing a standardized, comprehensive, and legally binding mechanism to ensure developers fulfill their obligations for the benefit of all stakeholders involved.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
3
RATINGS
0
DISCUSSIONS
2