{"iri":"http://lmss.sali.org/Rmv3aWwfnLGj1avQvTQulY","id":"Rmv3aWwfnLGj1avQvTQulY","label":"No-Shop Covenant - Fiduciary Exception","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.","prefLabels":[],"altLabels":["Clause de non-shopping - Exception fiduciaire","Covenant de no compras - Excepción fiduciaria","Covenant de no compras - Excepción fiduciaria","Covenants de não-compra - Exceção fiduciária","Kein-Shop-Pakt - Treuhänderische Ausnahme","No-Shop Covenant - Fiduciary Exception","הסכם לא לקנות - יוצאי דופן פידוסיארי","नो-शॉप कवेनेंट - फिडूशियरी अपवाद","ノーショップ契約 - 受託者例外","不购物契约 - 受托人例外"],"examples":[],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/RlNFgB3TQfMzV26V4V7u4E","label":"Objectives"},"parents":[{"iri":"http://lmss.sali.org/R9MVhcSKkXJDVsx44Ww5zfU","id":"R9MVhcSKkXJDVsx44Ww5zfU","label":"No-Shop Covenant"}],"children":[{"iri":"http://lmss.sali.org/R82ikX2gSG3Kyc0OXqOpZve","id":"R82ikX2gSG3Kyc0OXqOpZve","label":"No-Shop Covenant - Fiduciary Exception Triggering Event"},{"iri":"http://lmss.sali.org/RB9kHJwRBkXjBRaeSNiyPWY","id":"RB9kHJwRBkXjBRaeSNiyPWY","label":"No-Shop Covenant - Fiduciary Standard"}],"relations":[],"url":"https://lmss.io/tag/Rmv3aWwfnLGj1avQvTQulY/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}