No Shop, No Solicitation Clauses refers to a clause in the agreement which obliges the company to negotiate exclusively with the investor, and not solicit an investment proposal from other investors for a set period of time after the term sheet is signed. The key provision is the length of time set for the exclusivity period.
No Shop, No Solicitation Clauses
Learn what No Shop, No Solicitation Clauses in investment means.
Written by Jolie Pham
Updated over 8 months ago