TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 CONT

In an asset lock-up the target agrees to sell, or grants an option to sell, a valuable corporate asset to a bidder. As a result of the sale, the company would be less attractive to a competing bidder.  3, record 1, English, - asset%20lock%2Dup

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 DEF

Entente aux termes de laquelle la société cible accorde à l’acquéreur éventuel le droit d’acheter des éléments d’actifs de son patrimoine, de manière à protéger la transaction projetée et à décourager les offres inamicales.  1, record 1, French, - blocage%20par%20option%20d%26rsquo%3Bachat%20d%26rsquo%3Bactifs

Record 1,  Textual support,  Spanish

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 CONT

The assets subject to an asset lockup may include the most attractive and significant assets of the target company. Such a lockup is termed a crown-jewel lockup.  3, record 2, English, - crown%20jewel%20lock%2Dup

Record 2,  Textual support,  French

Record number: 2, Textual support number: 1 DEF

Entente par laquelle la société cible accorde à l’acquéreur éventuel une option d’achat sur ses actifs les plus convoités, de manière à protéger la transaction projetée et à décourager les offres inamicales.  1, record 2, French, - blocage%20par%20option%20d%26rsquo%3Bachat%20sur%20les%20joyaux%20de%20la%20couronne

Record 2,  Textual support,  Spanish

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 CONT

The stock lock-up involves the purchase, or the granting of an option to purchase, of authorized but unissued shares of stock of the target company. Stock lock-ups have the effect of making an acquisition of the company more expensive for a competing bidder and/or of enabling the grantee to successfully defeat any corporate action by a competing bidder.  3, record 3, English, - stock%20lock%2Dup

Record 3,  Textual support,  French

Record number: 3, Textual support number: 1 DEF

Entente aux termes de laquelle la société cible accorde à l’acquéreur éventuel le droit d’acheter des actions de trésorerie sous certaines conditions, de manière à protéger la transaction projetée et à décourager les offres inamicales.  1, record 3, French, - blocage%20par%20option%20d%26rsquo%3Bachat%20d%26rsquo%3Bactions

Record 3,  Textual support,  Spanish

Record 4,  Textual support,  English

Record number: 4, Textual support number: 1 CONT

Lock-up options are provisions drafted to favor an acquirer with whom the target company has signed a definitive agreement. They give the acquirer the right to purchase stock or assets of the target under certain circumstances.  2, record 4, English, - lock%2Dup%20option

Record 4,  Textual support,  French

Record number: 4, Textual support number: 1 DEF

Entente aux termes de laquelle la société cible accorde à l’acquéreur éventuel le droit d’acheter des actions de trésorerie ou des actifs de son patrimoine sous certaines conditions, de manière à protéger la transaction projetée et à décourager les offres inamicales.  2, record 4, French, - entente%20de%20blocage%20par%20option%20d%26rsquo%3Bachat

Record 4,  Textual support,  Spanish

Record 5,  Textual support,  English

Record number: 5, Textual support number: 1 CONT

Representatives of shelters for victims of domestic violence can obtain more information on the call-blocking options.  1, record 5, English, - blocking%20option

Record number: 5, Textual support number: 1 OBS

Term and context are taken from a Bell Canada customer information brochure.  1, record 5, English, - blocking%20option

Record 5,  Textual support,  French

Record 5,  Textual support,  Spanish