Potential Transactions Clause Samples
The "Potential Transactions" clause defines the scope and framework for discussions or negotiations regarding possible future agreements or deals between the parties. It typically outlines the types of transactions that may be considered, such as mergers, acquisitions, or joint ventures, and may specify the process for evaluating or pursuing these opportunities. By establishing clear parameters for what constitutes a potential transaction, this clause helps manage expectations and ensures that both parties understand the boundaries and procedures for engaging in preliminary discussions, thereby reducing misunderstandings and facilitating smoother negotiations.
POPULAR SAMPLE Copied 4 times
Potential Transactions. Promptly, and in any event no later than ten (10) Business Days before consummation thereof, notice of any transaction outside the ordinary course of business, including settlement of any claim, acquisitions or divestitures outside the ordinary course of business.
Potential Transactions. Seller acknowledges that he has been fully informed regarding (a) the Company's recent negotiations with a third party relating to the potential sale of the Company, and (b) the Company's determination to terminate such negotiations and to pursue an initial public offering, including without limitation the various valuations attributed to the Company.