No-Shop — Prohibition/Strict Liability
This smart field captures provisions ascribing strict liability to target should any of its subsidiaries, employees, representatives, etc. breach the no-shop provision. It also captures prohibited actions under the no shop provision, as well as the definition of “Representatives”. This smart field was trained on arrangement agreements and merger agreements.
- 100% Business Transaction Agt
- 0% Other
- M&A Deal Points (Public Target)
- 100% English