STANDSTILL AGREEMENT
A standstill agreement may be defined in two ways. First, it is a contract with the purpose of stopping or stalling a hostile takeover by either offering to repurchase the hostile bidder’s acquired shares or asking the hostile bidder to limit its holdings. By doing this, the target company is given time to plan and take preventive measures versus takeovers. Second, it is an agreement for the lender to end repayment demands for a loan from a borrower by rescheduling repayments in order to avoid bankruptcy and foreclosure. The agreement is within the consent of both the borrower and the lender.
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Negotiable security (receipt) issued by a bank, representing securities that trade on exchanges outside the bank’s home country. These are tr ...
Import
Product or service shipped into a country or region from another. Exports and imports create the strength of foreign trade. If the value of imports ...
Running With The Land
Rights and covenants in a real estate deed that remain with the land, regardless of ownership. When rights and covenants run with the land, they ar ...
Income Effect
In economic theory, it refers to a change in the demand of a product or service caused by the consumers’ discretionary income. The connection ...
Capital Improvement
The attachment of a fixed structural improvement or the recovery of some feature of a property that will either boost the property's overall wo ...
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