FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/RBdRbQ6LheYkEvM4LBGBHps
Label Post-Closing Covenants
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Identifier N/A
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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.

Class Relationships

Is Defined By

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See Also

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Additional Information

Metadata

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Description

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Editorial Information

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Editorial Note

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Deprecated

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Source and Origin

No source or origin information available