Skip to main content

Limitation on Acquisitions Covenant Sample 3

Book Publication Date: Nov 2014
Description: General business covenants place restrictions on corporate structure and business activities of an obligor. These sample clauses restrict a company from making "fundamental changes" involving merger, acquisition, sale of assets, etc. except as permitted by a merger agreement.
Type: Contract Clauses
PLI Item #: 128977
Practice Area: Banking and finance, Corporate finance

Keywords: borrower; subsidiary; acquisition; investment; "limitation on acquisitions"; "limitation on investments"; "general business covenants"; "corporate finance"; "M&A"; "mergers and acquisitions"; "sale of assets"; "purchase of assets"; consolidation; "restriction on fundamental changes"

Thank you for exploring PLI PLUS.
The content on this page is only available to subscribers.

To learn more about PLI PLUS subscriptions
please click on the link below or contact us at