Often included when share holding is split evenly or 50/50 between 2 parties.A provision in the agreement where a party offering to buy out the other at acertain price must accept the other parties counter offer for the same price.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Often included when share holding is split evenly or 50/50 between 2 parties.A provision in the agreement where a party offering to buy out the other at acertain price must accept the other parties counter offer for the same price.
This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
Powered by Black’s Law Dictionary, Free 2nd ed., and The Law Dictionary.