Document background
The Change of Control Consent Letter is a critical document used in Danish corporate transactions when a company's ownership or control is about to change, and existing contracts require counterparty consent for such changes. This document is particularly important in scenarios involving merger and acquisition activities, corporate restructuring, or significant share transfers that trigger change of control provisions in existing commercial agreements. Under Danish law, these letters must comply with the requirements of the Danish Companies Act (Selskabsloven) and the Danish Contracts Act (Aftaleloven), while also addressing specific contractual obligations. The document serves to prevent potential contract breaches, maintain business relationships, and ensure smooth transition of ownership while protecting all parties' interests.
