What is a standstill provision?
Key Takeaways. A standstill agreement is a contract that contains provisions that govern how a bidder of a company can purchase, dispose of, or vote stock of the target company. A standstill agreement can effectively stall or stop the process of a hostile takeover if the parties cannot negotiate a friendly deal.
What is a standstill provision NDA?
Standstill provisions limit the buyer’s acquisition of securities or other rights in the seller, involvement in the solicitation of proxies with respect to the voting of securities of the seller, and other similar activities with respect to the seller’s securities.
What is a standstill agreement in lending?
Standstill Agreement. Not only is a junior lender obligated to postpone their security, they are most often also restricted in taking action in the event of a borrower default, without the senior or prior lender’s approval. In other words, they need to “stand still” and await the prior lender’s actions.
How does a standstill agreement work?
Parties to a dispute may choose to enter into a standstill agreement where they are approaching the expiry of the limitation period, but the claimant is not yet ready to issue its claim (because, for example, the parties are in negotiations which, if successful, would prevent a claim from needing to be issued at all).
How long is standstill period?
10 calendar days
The standstill period is a period of at least 10 calendar days, during which the contract award process is suspended, i.e. you must not enter into the contract. Procurers must apply a standstill period where you issue an Award Decision Notice.
What is the purpose of a standstill period?
The purpose of the Standstill Period is to give unsuccessful bidders some time to: consider the feedback (Debrief) provided on their bid by the procurement officer; seek further information; call for a review of the procurement officer decision.
What is standstill agreement Class 12?
A standstill agreement was an agreement signed between the newly independent dominions of India and Pakistan and the princely states of the British Indian Empire prior to their integration in the new dominions. The form of the agreement was bilateral between a dominion and a princely state.
What happens after a standstill period?
If the standstill period ends on a non-working day, it will automatically be extended to end at midnight on the next working day.
Is a standstill period mandatory?
The standstill period is voluntary rather than mandatory. Irrespective of the legal position, in respect of (ii) and (iii) CAs should consider the provision of a debriefing (akin to the information contained in the standstill notice) to all unsuccessful applicants as good practice.
What is standstill agreement of J&K?
The state of Jammu and Kashmir, which was contiguous to both India and Pakistan, decided to remain independent. It offered to sign standstill agreements with both of the dominions. Pakistan immediately accepted, but India asked for further discussions. It signed a standstill agreement with Pakistan.
What is Karachi ceasefire agreement?
The Karachi Agreement formally called the Agreement Between Military Representatives of India and Pakistan Regarding the Establishment of a Cease-Fire Line in the State of Jammu and Kashmir, was signed on 27 July 1949, supervised by the Truce Subcommittee of the UNCIP.
Can standstill end on a weekend?
The end of a standstill period must not fall on a public holiday or at the weekend.
What does it mean when your heart is at a standstill?
Introduction. Ventricular standstill (also called ventricular asystole) is a potentially lethal arrhythmia if not treated promptly. 1 It occurs when there is cessation of supraventricular impulse formation or blockage in the transmission of these impulses from the atria to the ventricles resulting in asystolic cardiac arrest.
What is the treatment for Ventricular Standstill?
Recommended treatment includes prompt initiation of cardiopulmonary resuscitation, and if return of circulation is achieved, pacemaker insertion is usually required. Four case reports are presented which highlight the ECG features of ventricular standstill and that this arrhythmia can occur across a wide range of ages.
When does a Ventricular Standstill occur in an ECG?
Four case reports are presented which highlight the ECG features of ventricular standstill and that this arrhythmia can occur across a wide range of ages. Ventricular standstill can occur at any age. It can be difficult to diagnose with many cases only evident on pre-hospital ECG recordings.
