Assignment consent is a counterparty's approval required to transfer contract rights in a transaction.

A change of control provision gives a counterparty rights when ownership of a contracting entity changes.

Contingent liability assessment quantifies uncertain obligations that may materialize after a transaction closes.

A data room is the controlled repository through which a seller provides diligence materials to prospective buyers.

Integration risk is the exposure that combining businesses fails to deliver anticipated value or creates new liabilities.

Legal due diligence investigates a target's legal position to identify risks affecting valuation and deal terms.

Litigation diligence assesses a target's pending and threatened claims to quantify exposure and reserve adequacy.

A seller non-compete restricts former owners from competing with the acquired business after closing.

A post-closing covenant obligates a party to take or refrain from action after the transaction completes.

A transition services agreement provides for the seller to continue supplying services to the divested business temporarily.