No-Shop Covenant - Fiduciary Exception Triggering Event

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.

IRI: http://lmss.sali.org/R82ikX2gSG3Kyc0OXqOpZve
Branch: Objectives
Children: 2
Source: ABA Deal Points Study

Also known as

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

Ancestry path

Objectives Transactional Objectives Mergers and Acquisitions Objectives Deal Protection and Related Provisions Pre-Closing Covenants No-Shop Covenant No-Shop Covenant - Fiduciary Exception

Children 2

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