FOLIO Ontology

Standstill Agreement

IRI:
https://folio.openlegalstandard.org/RBecgwP0SD9ZBw0NsSwF1Ha
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Definition

A Standstill Agreement is a contract in which one party agrees not to take specific actions against another party for a set period. It's often used in business contexts where one company agrees not to acquire more shares or make a takeover bid for another company for a specified duration.

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Additional Information

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