{"iri":"http://lmss.sali.org/R82ikX2gSG3Kyc0OXqOpZve","id":"R82ikX2gSG3Kyc0OXqOpZve","label":"No-Shop Covenant - Fiduciary Exception Triggering Event","definition":"A No-Shop Covenant - Fiduciary Exception Triggering Event is an exception to a no-shop covenant in a merger or acquisition agreement that allows a target company's board of directors to consider alternative acquisition proposals from third parties if they are deemed to be in the best interest of the company's shareholders.","prefLabels":[],"altLabels":["Clause de non-shopping - Événement déclencheur de l'exception fiduciaire","Covenant de no compras - Evento de excepción fiduciaria desencadenante","Covenant de no compras - Evento de excepción fiduciaria desencadenante","Covenants de não-compra - Evento de disparo de exceção fiduciária","Kein-Shop-Verpflichtung - Auslösendes Ereignis der Treuepflichtausnahme","No-Shop Covenant - Fiduciary Exception Triggering Event","הסכם לא לקנות - אירוע מפעיל יוצא דופן","नो-शॉप कवेनेंट - फिडूशियरी एक्सेप्शन ट्रिगरिंग इवेंट","ノーショップ契約 - 受託者例外のトリガーイベント","无购物契约 - 受托人例外触发事件"],"examples":[],"notes":[],"sources":["ABA Deal Points Study"],"branch":{"iri":"http://lmss.sali.org/RlNFgB3TQfMzV26V4V7u4E","label":"Objectives"},"parents":[{"iri":"http://lmss.sali.org/Rmv3aWwfnLGj1avQvTQulY","id":"Rmv3aWwfnLGj1avQvTQulY","label":"No-Shop Covenant - Fiduciary Exception"}],"children":[{"iri":"http://lmss.sali.org/RB7zu6Njsn59JMKa2HN3Pal","id":"RB7zu6Njsn59JMKa2HN3Pal","label":"\"Acquisition Proposal\" Language"},{"iri":"http://lmss.sali.org/RGEgmKbY18qXXUvDzNAmv3","id":"RGEgmKbY18qXXUvDzNAmv3","label":"\"Superior Offer, or Acquisition Proposal reasonably likely/expected to result in a Superior Offer\" Language"}],"relations":[],"url":"https://lmss.io/tag/R82ikX2gSG3Kyc0OXqOpZve/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}