afwikkelingsafspraak
Afwikkelingsafspraak is a Dutch term used in business and civil law to describe an agreement that governs the settlement and finalization of a transaction, dispute, or administrative process. It records how the steps toward completion are to be carried out, who is responsible for each step, and when payments and transfers must take place. The purpose is to create a clear, orderly process that reduces post-closing disputes and risk.
The term is used in several contexts. In mergers and acquisitions, an afwikkelingsafspraak may specify closing
Typical content includes: the parties and scope; sequence of steps; responsibilities and coordination; the amount and
The afwikkelingsafspraak can be a standalone contract or a component of a larger transaction agreement. Its