Corporate Seller's Tax Covenant Schedule
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useType of legal document
📄 Tax covenantBusiness activity
Create tax covenantA tax covenant is a legally binding agreement between two or more parties that establishes certain tax-related rights and responsibilities. The agreement may cover matters such as tax liability, tax planning, and tax compliance. Tax covenants are typically created to protect the interests of the parties involved and to minimize the risk of tax-related disputes.
The template usually includes provisions regarding the seller's representations and warranties regarding their tax compliance, any ongoing tax audits or investigations, outstanding tax liabilities, and tax planning arrangements. It may also cover indemnification clauses that safeguard the buyer from any unexpected tax liabilities arising before or after the transaction.
Additionally, this legal schedule typically spells out the procedures for notifying and resolving potential tax claims, providing a clear mechanism for handling any disputes related to the seller's tax obligations. It may also address the disclosure of all relevant tax-related information and the cooperation required between the parties, including sharing relevant documentation and assisting with any tax audits or assessments.
Ultimately, the Corporate Seller's Tax Covenant Schedule aims to ensure that the buyer is not burdened with any unforeseen tax liabilities or non-compliance issues that may arise from the corporate seller's past activities. It provides a framework for both parties to address and manage tax-related matters in a transparent and mutually beneficial manner under the legal framework of the United Kingdom.
How it works
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
Book your personalised demo now
Similar legal templates
Sterling Term Loan Agreement (Lending Syndicate To Corporate Borrower)
The template would typically include provisions regarding the loan amount, repayment terms, interest rates, and any applicable fees or penalties. It may also outline the conditions precedent that must be met before the loan can be disbursed, such as the submission of financial statements or the provision of collateral.
The agreement will address the responsibilities of the lending syndicate, which consists of a group of lenders, and the corporate borrower. This could include specifying the payment schedule, the mechanism for disbursing funds, and procedures for monitoring the loan and ensuring compliance with the agreed-upon terms by both parties.
Additionally, the template may include provisions relating to events of default, loan transferability, assignments, and rights and remedies in case of breaches or disputes. It may also address confidentiality, governing law, and jurisdiction, specifying that all parties must comply with UK laws and resolve any legal disputes in the UK court system.
Overall, the Sterling Term Loan Agreement (Lending Syndicate To Corporate Borrower) under UK law serves as a comprehensive legal document that governs the terms and conditions of a loan transaction between multiple lenders and a corporate borrower in compliance with the United Kingdom's legal framework.
Publisher
Genie AIJurisdiction
England and WalesStrategy Consultant Contract
This Strategy Consultant contract template is designed for a commercial strategy consulting organisation (or an individual strategy consultant) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of strategy consulting and strategy-consulting-related services to be completed by the strategy consultant 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 strategy consulting firm or individual strategy consultant 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).
Publisher
Genie AIJurisdiction
England and WalesSubstituted Security Deed (Multiple Properties)
This template provides a framework for the parties involved to execute the substitution of a security deed. It may include provisions related to the identification and description of the properties involved, the terms of the original security deed and the proposed substitute, as well as details regarding any outstanding loans or financial obligations associated with the properties.
The document may also contain provisions concerning the rights and responsibilities of the borrower and lender in relation to the substituted security deed, such as the repayment terms, interest rates, and any necessary guarantees or indemnities. Moreover, it may address the process for registering the substituted security deed with the appropriate authorities to ensure its validity and enforceability.
The Substituted Security Deed (Multiple Properties) template under UK law aims to provide a legally sound and comprehensive agreement that ensures the interests of all parties involved are protected. It may serve as a useful tool for borrowers, lenders, and professionals involved in real estate transactions, such as lawyers, solicitors, or financial advisors. It is important to seek independent legal advice and adapt the template to the specific circumstances and requirements of the parties involved.
