Mastering Basket and Cap in M&A Indemnification
Mastering Basket and Cap in M&A Indemnification Quick Answer Basket and cap are indemnification provisions in purchase agreements that control post-closing risk allocation between buyer and seller. A basket sets a minimum threshold of losses before the seller must indemnify the buyer, typically ranging from 10,000 to 100,000 dollars or 0.5 to 1 percent of […]