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Disclosure Letter Template for Qatar

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Key Requirements PROMPT example:

Disclosure Letter

"I need a Disclosure Letter for a tech company acquisition in Qatar, where we're selling our AI software subsidiary to a major telecommunications company, with completion expected by March 2025; must include specific disclosures about intellectual property rights and ongoing development projects."

Document background
A Disclosure Letter is a critical document in Qatari commercial transactions, particularly in mergers, acquisitions, and other significant business deals. It is used alongside a principal agreement (such as a Share Purchase Agreement) to document exceptions to warranties and provide detailed information about the subject matter of the transaction. Under Qatar law, this document serves multiple purposes: it protects the disclosing party by qualifying their warranty obligations, provides the recipient with important due diligence information, and helps establish what was known by the parties at the time of the transaction. The document must comply with Qatar's Civil Code, Commercial Companies Law, and relevant regulations regarding disclosure obligations and commercial transactions. The Disclosure Letter typically includes both general disclosures (matters of public record or generally available information) and specific disclosures (detailed exceptions to particular warranties).
Suggested Sections

1. Date and Parties: Identification of the disclosing party and the recipient, including full legal names and addresses

2. Reference to Main Agreement: Clear identification of the principal agreement (e.g., SPA, APA) to which the disclosure letter relates

3. Purpose and Context: Explanation of why the disclosure letter is being provided and its relationship to the warranties in the main agreement

4. General Disclosures: Standard disclosures that apply across all warranties, including matters of public record and information in public registries

5. Specific Disclosures: Detailed disclosures organized by reference to specific warranties in the main agreement

6. Qualifications and Limitations: Standard provisions regarding the nature and extent of the disclosures

7. Verification Statement: Confirmation of the accuracy and completeness of the disclosures

8. Execution Block: Formal signing section with appropriate signature blocks and witness provisions if required

Optional Sections

1. Updating Provisions: Section addressing the ability to update disclosures before completion - include when there is a gap between signing and completion

2. Confidentiality Statement: Specific confidentiality provisions - include when sensitive information is being disclosed and not already covered in the main agreement

3. Third Party Information: Provisions regarding disclosure of third party information - include when third party data forms part of the disclosures

4. Data Room Reference: Reference to and incorporation of data room contents - include when a virtual/physical data room has been used

5. Fair Disclosure Statement: Specific provisions about what constitutes 'fair disclosure' - include when local law requirements need elaboration

Suggested Schedules

1. Schedule 1 - General Disclosures: Detailed list of general disclosures applicable to all warranties

2. Schedule 2 - Specific Warranty Disclosures: Detailed disclosures organized by warranty number/reference from the main agreement

3. Schedule 3 - Disclosed Documents: List of all documents specifically referenced in the disclosures

4. Schedule 4 - Data Room Index: Index of documents in the data room (if applicable)

5. Appendix A - Supporting Documents: Copies of key documents referenced in the specific disclosures

6. Appendix B - Data Room USB/DVD: Electronic copy of data room contents (if applicable)

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



































Clauses

























Relevant Industries

Banking & Financial Services

Real Estate & Construction

Oil & Gas

Manufacturing

Retail & Consumer

Healthcare

Technology

Telecommunications

Professional Services

Energy & Utilities

Transportation & Logistics

Hospitality & Tourism

Relevant Teams

Legal

Compliance

Corporate Development

Mergers & Acquisitions

Risk Management

Finance

Executive Leadership

Company Secretariat

Business Development

Due Diligence

Relevant Roles

Legal Counsel

Corporate Lawyer

General Counsel

Compliance Officer

Due Diligence Manager

M&A Director

Chief Legal Officer

Transaction Manager

Corporate Secretary

Legal Director

Risk Manager

Chief Financial Officer

Managing Director

Business Development Director

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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