FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/RHZTIZfN6Fbrf6azRExLaD
Label Pre-Closing Covenants
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Identifier N/A
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Definition

"Pre-Closing Covenants" are commitments or obligations that parties agree to fulfill or abide by prior to the completion of a transaction, such as a merger or acquisition. These covenants ensure that the parties maintain certain conditions, avoid specific actions, or perform particular tasks leading up to the transaction's formal closure, preserving the deal's integrity and value.

Class Relationships

Is Defined By

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See Also

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Class Hierarchy Visualization

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Additional Information

Metadata

Comment

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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