The Business Buy Sell Agreement is a crucial document used in Danish business transactions when transferring ownership of a business from one party to another. It serves as the primary legal framework for the transaction, ensuring compliance with Danish legislation, including the Danish Companies Act, Contracts Act, and relevant EU regulations. This agreement is essential when conducting business transfers in Denmark, whether for small enterprises or larger corporations, and includes detailed provisions for asset transfer, employee rights protection, intellectual property assignment, and ongoing obligations. The document typically includes comprehensive warranties, indemnities, and specific closing conditions, tailored to meet the requirements of Danish corporate law and market practice. It's particularly important as it addresses unique aspects of Danish business transfers, such as employee consultation requirements and specific tax considerations.
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Key Requirements PROMPT example:
Business Buy Sell Agreement
I need a Business Buy Sell Agreement under Danish law for the acquisition of a medium-sized manufacturing company, including specific provisions for machinery and equipment transfer, with the deal expected to close by March 2025 and including earn-out provisions based on the first year's performance.
1. Parties: Identification of the seller(s) and buyer(s), including full legal names, registration numbers, and registered addresses
2. Background: Context of the transaction, including brief description of the business and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core transaction terms, including what is being sold and purchased
5. Purchase Price: Detailed breakdown of the purchase price, payment terms, and payment mechanisms
6. Closing: Conditions precedent, closing mechanics, and timing
7. Seller's Warranties: Comprehensive warranties regarding the business, assets, liabilities, and operations
8. Buyer's Warranties: Warranties from the buyer regarding authority to enter into the agreement and financial capacity
9. Pre-Closing Obligations: Obligations of both parties between signing and closing, including business operation requirements
10. Post-Closing Obligations: Continuing obligations after closing, including transition services and non-compete provisions
11. Indemnification: Indemnification obligations and procedures for both parties
12. Confidentiality: Confidentiality obligations regarding the transaction and business information
13. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes
14. General Provisions: Standard provisions including notices, amendments, entire agreement, and severability
1. Employee Matters: Detailed provisions regarding employee transfers and obligations - required when employees are being transferred
2. Intellectual Property: Specific provisions for IP transfer and protection - required for businesses with significant IP assets
3. Real Estate: Provisions regarding transfer of property ownership or lease agreements - required when real estate is involved
4. Environmental Matters: Environmental warranties and indemnities - required for businesses with environmental risks or obligations
5. Data Protection: GDPR compliance and data transfer provisions - required when personal data is being transferred
6. Earn-out Provisions: Structure for additional payments based on future performance - optional for deals with performance-based pricing
7. Bank Financing: Provisions related to external financing - required when bank financing is part of the transaction
8. Competition Compliance: Specific provisions ensuring compliance with competition law - required for larger transactions
1. Schedule 1 - Business Assets: Detailed inventory of all assets included in the sale
2. Schedule 2 - Excluded Assets: List of assets specifically excluded from the sale
3. Schedule 3 - Employee Information: Details of all employees, their terms, and conditions
4. Schedule 4 - Financial Statements: Recent financial statements and management accounts
5. Schedule 5 - Material Contracts: List and copies of all material contracts
6. Schedule 6 - Intellectual Property: Details of all IP rights owned or used by the business
7. Schedule 7 - Properties: Details of owned or leased properties
8. Schedule 8 - Warranties: Detailed warranties and any disclosed exceptions
9. Schedule 9 - Encumbrances: List of all encumbrances on business assets
10. Schedule 10 - Closing Deliverables: List of all documents and items to be delivered at closing
Authors
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Technology
Retail
Professional Services
Healthcare
Real Estate
Hospitality
Construction
Transportation
Energy
Agriculture
Financial Services
Media and Entertainment
Education
Telecommunications
Relevant Teams
Legal
Finance
Corporate Development
Mergers & Acquisitions
Tax
Risk Management
Compliance
Human Resources
Operations
Strategy
Corporate Secretariat
Due Diligence
Integration
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Chief Legal Officer
Managing Director
Corporate Lawyer
Business Development Manager
Finance Director
Company Secretary
Tax Director
Mergers & Acquisitions Manager
Due Diligence Specialist
Risk Manager
Corporate Development Director
Integration Manager
Business Owner
Shareholder Representative
Find the exact document you need
Contract To Sell
A Danish law-governed agreement documenting terms and conditions for the sale of goods or property between a seller and buyer.
find out more
Sold As Is Contract
A Danish law-governed contract for the sale of assets in their current condition ("as is"), incorporating necessary disclaimers and condition documentation.
find out more
Form For Sale Of Vehicle
Danish-law compliant vehicle sale agreement template for documenting and executing vehicle ownership transfers in Denmark.
find out more
Product Contract
A Danish law-governed agreement establishing terms and conditions for product sales, including pricing, delivery, warranties, and compliance requirements.
find out more
Business Buy Sell Agreement
A Danish law-governed agreement documenting the terms and conditions for the sale and purchase of a business, ensuring compliance with Danish corporate and commercial legislation.
find out more
Lease To Purchase Contract
A Danish law-governed agreement combining property lease terms with a future purchase option, establishing rights and obligations for both leasing and buying phases.
find out more
Land Sale Agreement Form
A Danish law-governed agreement for the sale and transfer of land ownership, incorporating all essential terms and conditions required under Danish property legislation.
find out more
Independent Sales Agent Agreement
Danish law-governed agreement establishing terms between a company and independent sales agent, compliant with Danish Commercial Agents Act.
find out more
Real Estate Sales Contract Form
A Danish law-governed contract form for real estate sales transactions, ensuring compliant property ownership transfer in Denmark.
find out more
Contract Of Sale And Agreement To Sell
A Danish law-governed agreement combining immediate sale and future sale arrangements, structured under the Danish Sale of Goods Act.
find out more
Contract For Dog Purchase
Danish law-compliant contract template for dog purchase and sale transactions, covering ownership transfer, health guarantees, and registration requirements.
find out more
Equine Sales Contract
A Danish law-governed contract for the sale and purchase of horses, including terms, conditions, and compliance with Danish sales and animal welfare regulations.
find out more
Contract And Bill Of Sale For Automobile
A Danish law-governed agreement for the sale and transfer of ownership of an automobile, including all necessary provisions for legal vehicle transfer in Denmark.
find out more
Shares Sale And Purchase Agreement
A Danish law-governed agreement documenting the terms and conditions for the sale and purchase of company shares, including purchase price, warranties, and completion mechanics.
find out more
House Purchase Agreement Form
A standardized Danish legal agreement for the purchase and sale of residential property, complying with Danish property law and registration requirements.
find out more
Independent Contractor Sales Commission Agreement
Danish law-governed agreement establishing terms and commission structure between a company and independent sales contractor.
find out more
Vehicle Sale Agreement
A Danish law-governed agreement for the sale and purchase of vehicles, detailing terms, conditions, and ownership transfer requirements.
find out more
House Sale Agreement
A Danish law-governed agreement for the sale and transfer of residential property ownership, incorporating all mandatory requirements under Danish property legislation.
find out more
Addendum To Contract For Residential Sale And Purchase
A Danish law-compliant amendment document that modifies specific terms of an existing residential property sale and purchase agreement.
find out more
Download our whitepaper on the future of AI in Legal
By providing your email address you are consenting to our Privacy Notice.
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.