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No-Shop Covenant - Fiduciary Exception Triggering Event

IRI:
https://folio.openlegalstandard.org/R82ikX2gSG3Kyc0OXqOpZve
Preferred Label N/A
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Definition

A No-Shop Covenant - Fiduciary Exception Triggering Event is an exception to a no-shop covenant in a merger or acquisition agreement that allows a target company's board of directors to consider alternative acquisition proposals from third parties if they are deemed to be in the best interest of the company's shareholders.

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Children 2

Translations

🇫🇷 fr-fr Clause de non-shopping - Événement déclencheur de l'exception fiduciaire
🇪🇸 es-es Covenant de no compras - Evento de excepción fiduciaria desencadenante
🇲🇽 es-mx Covenant de no compras - Evento de excepción fiduciaria desencadenante
🇧🇷 pt-br Covenants de não-compra - Evento de disparo de exceção fiduciária
🇩🇪 de-de Kein-Shop-Verpflichtung - Auslösendes Ereignis der Treuepflichtausnahme
🇬🇧 en-gb No-Shop Covenant - Fiduciary Exception Triggering Event
🇮🇱 he-il הסכם לא לקנות - אירוע מפעיל יוצא דופן
🇮🇳 hi-in नो-शॉप कवेनेंट - फिडूशियरी एक्सेप्शन ट्रिगरिंग इवेंट
🇯🇵 ja-jp ノーショップ契約 - 受託者例外のトリガーイベント
🇨🇳 zh-cn 无购物契约 - 受托人例外触发事件

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Additional Information

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Identifier

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Source and Origin

Source

ABA Deal Points Study