{"iri":"https://folio.openlegalstandard.org/Rmv3aWwfnLGj1avQvTQulY","label":"No-Shop Covenant - Fiduciary Exception","sub_class_of":["https://folio.openlegalstandard.org/R9MVhcSKkXJDVsx44Ww5zfU"],"parent_class_of":["https://folio.openlegalstandard.org/R82ikX2gSG3Kyc0OXqOpZve","https://folio.openlegalstandard.org/RB9kHJwRBkXjBRaeSNiyPWY"],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{"fr-fr":"Clause de non-shopping - Exception fiduciaire","es-es":"Covenant de no compras - Excepción fiduciaria","es-mx":"Covenant de no compras - Excepción fiduciaria","pt-br":"Covenants de não-compra - Exceção fiduciária","de-de":"Kein-Shop-Pakt - Treuhänderische Ausnahme","en-gb":"No-Shop Covenant - Fiduciary Exception","he-il":"הסכם לא לקנות - יוצאי דופן פידוסיארי","hi-in":"नो-शॉप कवेनेंट - फिडूशियरी अपवाद","ja-jp":"ノーショップ契約 - 受託者例外","zh-cn":"不购物契约 - 受托人例外"},"hidden_label":null,"definition":"A No-Shop Covenant - Fiduciary Exception is a legal agreement that allows a target company's board of directors to consider alternative acquisition offers during a specified period, despite a prior agreement with an initial bidder, if the board determines that it is in the best interest of the company and its shareholders.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}