Pre-Closing Covenants
type: Class
subclass of: R8S6XHMUuU5cg5gdDri7LuL
definition: "Pre-Closing Covenants" are commitments or obligations that parties agree to fulfill or abide by prior to the completion of a transaction, such as a merger or acquisition. These covenants ensure that the parties maintain certain conditions, avoid specific actions, or perform particular tasks leading up to the transaction's formal closure, preserving the deal's integrity and value.