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LSDefine

Simple English definitions for legal terms

no-shop provision

Read a random definition: listing agreement

A quick definition of no-shop provision:

A no-shop provision is a rule that prevents one or more parties in a business agreement from seeking or making a better deal with another party.

A more thorough explanation:

A no-shop provision is a clause in a contract that prevents one or more parties from seeking or entering into a better agreement with another party.

For example, if a company is in negotiations to merge with another company, a no-shop provision may be included in the contract to prevent the first company from seeking a better deal with a different company.

Another example is in the case of a real estate transaction. A seller may include a no-shop provision in the contract with a potential buyer to prevent the buyer from seeking a better deal with another seller while the transaction is still in progress.

These examples illustrate how a no-shop provision can protect parties from being taken advantage of during negotiations or transactions.

no-setoff certificate | nosocomus

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
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@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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