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The company agrees to perform, execute, acknowledge, and deliver or cause to be performed, executed, acknowledged, and delivered all such further and other acts, instruments, and assurances as may reasonably be required by the warrant agent for the carrying out or performing of the provisions of this agreement. However, as the application of the implied duty of cooperation is dependent on the individual circumstances of each case, it. Find examples of further assurances clauses in contracts from various sources and industries
Negotiating and Drafting Further Assurances and Pre-Closing Assurances Provisions | US Legal Forms
A further assurances clause is a provision that requires a party to take additional actions or execute additional documents to protect the interests of another party. There is some debate about whether such a clause is necessary, given the implied “duty” to cooperate Search further assurances contract clauses from contracts filed with the securities and exchange commission.
Conclusion further assurance is a valuable provision in contracts, as it helps ensure that both parties complete all necessary steps to fulfill the terms of the agreement, even after it has been signed
It provides additional legal security by ensuring that no part of the contract is left incomplete or unenforceable due to missing actions or documentation Including a further assurance clause. A boilerplate further assurance clause for inclusion in a commercial agreement, which requires parties to perform all acts and execute all documents necessary to give full effect to the contract after signing A further assurances clause evidences the agreement of the contracting parties to do everything necessary to complete the transactions contemplated by the contract
