This office lease form is an agreement between the tenant and the landlord agree that it is in their mutual best interests to resolve any disputes arising under the lease privately and without any litigation or other formal dispute resolution proceedings.
Utah Standstill Agreement
Category:
State:
Multi-State
Control #:
US-OL19035B
Format:
Word;
PDF
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FAQ
In a ?standstill clause? the parties to a trade agreement commit to keeping the market at least as open in the future as it was as at the time of conclusion of the agreement.
A standstill agreement prevents a party from issuing proceedings during the currency of that agreement. As such a standstill agreement is a voluntary contractual arrangement between the parties to pause limitation for an agreed length of time (typically 3-6 months).
Standstill agreements to extend or suspend a limitation period have become a regular feature of civil litigation. They enable the parties to focus on the pre-action protocol requirements without worrying about limitation. They can also save the cost of the court issue fee if the dispute settles pre-action.
An investor makes a purchase of shares in a company which brings their holdings to 45%. Concerned about the potential for a controlling share takeover by the investor, the company enters negotiations over a standstill, which prevents further purchasing beyond this point.
An agreement in which a hostile bidder agrees to limit its holdings in a target company. A standstill agreement stops the takeover bid from progressing for a period of time. Standstill Agreement | Practical Law - Thomson Reuters thomsonreuters.com ? ... thomsonreuters.com ? ...