Just a super quick note to say how very happy I am with using the lawlive product. I just got a change made to a document in less than 10mins - I thought it was a big ask - but you delivered. You must be very pleased with the admin team you have.
There are two Deeds of Covenant and Guarantee templates. The first should be used where you are the Buyer of a business and the Seller/s will after completion have outstanding obligations under the Warranties given by the Seller/s in the Sale of Business Agreement. The second should be used where you are the Sellers of a business and the Buyer/s will after completion have outstanding obligations, in particular where there is an outstanding obligation to pay the Purchase Price by instalments or to pay some other moneys. The templates formalise the guarantees and undertakings given by each of the parties.