This clause provides both a pro-sandbagging provision and an anti-sandbagging provision. This clause includes practical guidance and drafting notes. Click on the links to see recent examples of pro-sandbagging and anti-sandbagging provisions in Market Standards, the searchable database of publicly filed M&A deals from Practical Guidance that enables users to search, compare, and analyze its comprehensive database of transactions using over 150 detailed deal points to filter search results. This clause provides both a pro-sandbagging provision and an anti-sandbagging provision. This clause includes practical guidance and drafting notes. Click on the links to see examples of publicly filed acquisition agreements with anti-sandbagging and pro-sandbagging provisions in Market Standards. "Sandbagging," in the context of an M&A transaction, occurs when a buyer makes a claim against a seller after the closing of an acquisition based upon the seller's breach of obligations or warranties under, ...