A deed of guarantee and indemnity is a legal document that protects the seller in case they are unable to fulfill their obligations under an asset purchase agreement. The guarantor, typically the seller's parent company, agrees to cover any losses incurred by the seller.
That the guarantor will be the parent company of the seller
The seller's obligations under an asset purchase agreement
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Relevant company sizes
1 - 3
4 - 19
20 - 49
50 - 249
250 - 999
England and Wales