Pre Closing Covenants and Undertakings Clause Samples

The Pre-Closing Covenants and Undertakings clause sets out the obligations and commitments that parties must fulfill between signing a contract and the actual closing of the transaction. Typically, this includes requirements for the seller to operate the business in the ordinary course, refrain from making significant changes, and provide access to information or cooperation needed for closing. By clearly defining these interim responsibilities, the clause helps ensure that the business remains stable and that both parties are prepared for a smooth and predictable closing process.