A financial provision that allows lenders to demand immediate loan repayment under certain conditions.
Understanding the provisions that allow majority shareholders to control the fate of minority shareholders in a company sale.
An Escrow Agreement is a contract outlining the terms and responsibilities of parties involved, facilitated by a neutral third party.
An evergreen contract automatically renews on or after the expiry date, rolling over indefinitely until terminated by one of the parties.
Joint refers to transactions or agreements involving two or more parties in unison.
A legal contract allowing one party to use another party's brand, patent, or trademark.
An MOU serves as a non-legally binding document that captures the agreements between parties, setting the tone for future negotiations.
Definition and Insights on Negative Pledge Clauses in Finance
Understanding the No-Shop Clause in Financial Agreements
Understanding the concept of novation in financial and legal agreements
An Offtake Agreement is a pre-negotiated deal between a buyer and a producer to purchase certain amounts of goods that have yet to be produced.
A humorous dive into the world of verbal agreements and spoken promises.
A Sale is a pivotal transaction in commerce where goods, services, or assets are exchanged for money or other assets.
Exploring the ins and outs of a shareholders' agreement, also known as a stockholders' agreement, which lays out the rules for company operation and the rights of shareholders.
A one-sided contract agreement in which an offeror promises payment after task completion.
A Voting Trust Agreement is a contractual arrangement that grants temporary control of voting rights to a trustee.
