{"iri":"https://folio.openlegalstandard.org/RBdRbQ6LheYkEvM4LBGBHps","label":"Post-Closing Covenants","sub_class_of":["https://folio.openlegalstandard.org/R8S6XHMUuU5cg5gdDri7LuL"],"parent_class_of":["https://folio.openlegalstandard.org/R86B9DI1HdnEmOAclhBcRd1","https://folio.openlegalstandard.org/Rl85GSkvaA2yo65Frev9WN"],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{},"hidden_label":null,"definition":"\"Post-Closing Covenants\" are promises or obligations that parties agree to adhere to after the completion of a transaction, such as a merger. In merger agreements, these covenants typically address ongoing commitments, actions, or restrictions to ensure a smooth transition and integration, or to protect the interests of the involved parties after the deal has closed.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}