No-Shop Covenant - Fiduciary Exception

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.

IRI: http://lmss.sali.org/Rmv3aWwfnLGj1avQvTQulY
Branch: Objectives
Children: 2

Also known as

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

Ancestry path

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

Children 2

Generated from sali-legal/LMSS at 3f9ac0c9357b (2026-03-10). JSON