Termination rights may arise under critical contracts; customer losses and the return of guarantees may be triggered. The list produced in DD should turn into a closing-day notification plan.
Look beyond customer contracts: change-of-control clauses also sit in loan agreements, where they can trigger acceleration, and in licences, permits and leases. Map every one of them from the diligence findings into a single closing-day action plan, so no consent is missed at the moment control actually passes.
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