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CHANGE CONTROL PROVISION [1 record]
Record 1 - internal organization data 2012-03-07
Record 1, English
Record 1, Subject field(s)
- Commercial Law
- Amalgamation and Partnerships (Finance)
Record 1, Main entry term, English
- change of control provision
1, record 1, English, change%20of%20control%20provision
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 CONT
Change of control provisions can be … incorporated in a variety of contracts, including intellectual property licenses, leases, joint ventures, debt and equity financing, union contracts, and employee stock option plans. These provisions generally either terminate the contract or impose a penalty on the target in the event of a change of control or corporate combination, friendly or otherwise. 1, record 1, English, - change%20of%20control%20provision
Record number: 1, Textual support number: 1 OBS
Sometimes referred to as a "contractual poison pill" or "contractual pill" in a takeover bid situation. 2, record 1, English, - change%20of%20control%20provision
Record 1, French
Record 1, Domaine(s)
- Droit commercial
- Fusion, absorption et coparticipation (Finances)
Record 1, Main entry term, French
- clause de changement de contrôle
1, record 1, French, clause%20de%20changement%20de%20contr%C3%B4le
correct, feminine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
Record 1, Textual support, French
Record number: 1, Textual support number: 1 CONT
Une tierce partie qui contracte avec la société cible est susceptible d'avoir un intérêt particulier à exiger une clause de changement de contrôle qui lui donne le droit de résilier le contrat afin de s'assurer de l'identité de son partenaire d'affaires. C'est le cas, par exemple, du bailleur, du créancier, du franchiseur, du concédant d'une licence ou d'un partenaire dans un contrat de joint-venture […] De plus, ces contrats peuvent prévoir une indemnité en cas de changement de contrôle. 2, record 1, French, - clause%20de%20changement%20de%20contr%C3%B4le
Record number: 1, Textual support number: 1 OBS
Cette clause est parfois qualifiée de «pilule empoisonnée contractuelle» en contexte d'offre publique d'achat. 3, record 1, French, - clause%20de%20changement%20de%20contr%C3%B4le
Record 1, Spanish
Record 1, Textual support, Spanish
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