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Delete Last Name Field into the Standstill Agreement

Delete Last Name Field into the Standstill Agreement

Aug 6th, 2022

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

What is a standstill clause in NDA?

The standstill agreement, which prevents potential buyers from publicly announcing a bid for the target without its consent, is usually in effect for 18-24 months.

What is a standstill agreement for debt restructuring?

A standstill agreement, for use in the context of a restructuring, whereby secured creditors agree not to enforce their security or demand payment of their debts for a period of time with the aim of enabling a consensual restructuring to be negotiated.

What is an example of a standstill clause?

Example: if a party, in a trade agreement, commits to allowing 30% foreign ownership in domestic companies and later on decides unilaterally to allow 40%, the party can re-introduce the original level of 30% whenever it wishes (but it cannot restrict further below 30%).

What is a standstill agreement in simple terms?

A standstill agreement is a contract that contains provisions that govern how a bidder of a company can purchase, dispose of, or vote stock of the target company. A standstill agreement can effectively stall or stop the process of a hostile takeover if the parties cannot negotiate a friendly deal.

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