A warranty and indemnity is used when a business is bought or sold. Though both terms are closely related, they have differences. A warranty is a statement made by the seller at the time of sale that is factual and true. An indemnity, on the other hand, is a promise the seller makes at the time of...
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What is mezzinine financing and when is it used? This whitepaper by Bond Capital provides a comprehensive overview of this layer of capital that fills the gap between senior debt and equity.