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1. Parties: Identification of the seller(s) and purchaser(s) with full legal names and addresses
2. Background: Context of the transaction, description of the partnership and purpose of the agreement
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. Sale and Purchase of Partnership Interest: Core transaction terms including partnership interest being sold and purchase price
5. Purchase Price and Payment: Detailed price provisions, payment mechanics, and any adjustments
6. Conditions Precedent: Conditions that must be satisfied before completion of the transaction
7. Pre-Completion Obligations: Obligations of parties between signing and completion, including conduct of business
8. Completion: Mechanics and requirements for closing the transaction
9. Seller's Warranties: Warranties regarding the partnership interest, partnership, and seller's capacity
10. Purchaser's Warranties: Basic warranties regarding purchaser's capacity and authority
11. Liability and Indemnification: Scope of liability and indemnification obligations
12. Confidentiality: Obligations regarding confidential information
13. Notices: Process and requirements for formal communications between parties
14. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and entire agreement
15. Execution: Signature blocks and execution formalities
1. Tax Matters: Detailed tax provisions when specific tax structures or allocations are required
2. Employee Matters: Required when the partnership has employees and employment arrangements need to be addressed
3. Real Estate: Specific provisions when the partnership owns real estate, including GrESt implications
4. Bank Financing: Required when purchase price is partially financed through bank loans
5. Competition Compliance: Required when transaction meets merger control thresholds
6. Intellectual Property: Specific provisions when partnership owns significant IP assets
7. Environmental Matters: Required when partnership operates in environmentally sensitive sectors
8. Post-Completion Covenants: Including non-compete and non-solicitation when required for business protection
1. Partnership Interest Details: Detailed description of partnership interest being transferred
2. Partnership Agreement: Copy of current partnership agreement
3. Accounts: Recent financial statements and management accounts
4. Properties: List and details of real estate owned by partnership
5. Material Contracts: List and copies of material partnership contracts
6. Employees: List of employees and employment terms
7. Intellectual Property: Schedule of IP rights owned or licensed by partnership
8. Warranties: Detailed warranties schedule
9. Disclosure Letter: Seller's disclosures against warranties
10. Completion Requirements: Detailed list of completion deliverables and actions
11. Form of Transfer Deed: Form of partnership interest transfer document (Abtretungsvertrag)
Accounts
Adjustment Amount
Affiliate
Agreement
Articles of Partnership
Balance Sheet
Bank Financing
Business
Business Day
Closing
Closing Date
Completion
Conditions Precedent
Confidential Information
Consideration
Control
Data Room
Disclosed
Disclosure Letter
Due Diligence
Effective Date
Employees
Encumbrance
General Partner
GmbH & Co. KG
Governmental Authority
Group
Initial Purchase Price
Intellectual Property Rights
Key Employees
Limited Partner
Loss
Material Adverse Change
Material Agreements
Material Customers
Material Suppliers
Net Working Capital
Notary
Notice
Partnership
Partnership Interest
Partnership Agreement
Permits
Purchase Price
Purchase Price Adjustment
Purchaser
Purchaser's Group
Relevant Authority
Representatives
Seller
Seller's Account
Seller's Group
Seller's Knowledge
Signing Date
Subsidiary
Tax
Tax Authority
Tax Returns
Transaction
Transaction Documents
Transfer
Warranties
Working Day
Definitions
Sale and Purchase
Purchase Price
Purchase Price Adjustment
Payment Terms
Conditions Precedent
Pre-Completion Obligations
Completion Mechanics
Post-Completion Obligations
Warranties
Representations
Indemnification
Partnership Management
Tax Covenants
Employee Matters
Intellectual Property
Real Estate
Competition Law
Regulatory Compliance
Confidentiality
Non-Compete
Non-Solicitation
Data Protection
Force Majeure
Assignment
Notices
Amendment
Severability
Governing Law
Dispute Resolution
Entire Agreement
Costs and Expenses
Third Party Rights
Partnership Continuity
Partner Approval Rights
Transfer Restrictions
Partnership Records
Bank Accounts
Material Contracts
Manufacturing
Professional Services
Real Estate
Construction
Wholesale Trade
Retail
Technology
Healthcare
Logistics
Agriculture
Energy
Financial Services
Hospitality
Industrial Services
Family Businesses
Legal
Finance
Corporate Development
Mergers & Acquisitions
Tax
Compliance
Risk Management
Corporate Secretariat
Business Development
Investment
Strategic Planning
Operations
Chief Executive Officer
Chief Financial Officer
Managing Director
General Counsel
Legal Director
Corporate Lawyer
M&A Lawyer
Partnership Manager
Finance Director
Tax Director
Business Development Director
Investment Manager
Corporate Development Manager
Risk Manager
Compliance Officer
Company Secretary
Partner (Professional Services)
Transaction Manager
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