Conduct of Business in the Ordinary Course Covenant


This smart field captures the covenant of a target (and, if applicable, a purchaser) to operate its business only in the ordinary course between signing of the purchase agreement and closing of the transaction. This smart field was trained on share purchase agreements, asset purchase agreements, arrangement agreements and merger agreements.


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Document Types

  • 99% Business Transaction Agt
  • 1% Other


  • M&A Deal Points (Private Target)
  • M&A Deal Points (Public Target)


  • 100% English