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Standstill Agreements signed by both parties upon full and frank financial disclosure to the other and with independent legal advice freezes ownership to what each party held prior to the date of marriage as if no marriage took place.
a : an agreement under which litigation is forestalled between two parties. b : an agreement under which a party agrees to refrain from taking further steps to acquire control of a corporation (as by additional purchases of stock)
Related Content. An expression covering a variety of arrangements: In a takeover situation, an agreement between a company and a shareholder that restricts the shareholders ability to acquire further shares in the company.
A standstill agreement prevents a party from issuing proceedings during the currency of that agreement. As such a standstill agreement is a voluntary contractual arrangement between the parties to pause limitation for an agreed length of time (typically 3-6 months).
a : an agreement under which litigation is forestalled between two parties. b : an agreement under which a party agrees to refrain from taking further steps to acquire control of a corporation (as by additional purchases of stock)
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A standstill agreement was an agreement signed between the newly independent dominions of India and Pakistan and the princely states of the British Indian Empire prior to their integration in the new dominions. The form of the agreement was bilateral between a dominion and a princely state.
A standstill agreement or provision prohibits junior or subordinated lenders from exercising any remedies during a specified period after a company defaults. A remedy is the enforcement action a lender can take to cure a default.
In a standstill clause the parties to a trade agreement commit to keeping the market at least as open in the future as it was as at the time of conclusion of the agreement.
The Government of India agreed to renounce the functions of paramountcy. The Standstill agreement was to remain in force for a period of one year. The agreement was signed by the Nizam on 29 November 1947.
Related Content. An expression covering a variety of arrangements: In a takeover situation, an agreement between a company and a shareholder that restricts the shareholders ability to acquire further shares in the company.

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