No-Shop Clause

Definição

A no-shop clause in a term sheet forbids the company from soliciting or negotiating competing offers for a set period, typically 30 to 60 days, while the investor completes diligence.

Como aparece na captação de recursos

Signing a term sheet with a no-shop effectively ends your process; get competing term sheets on the table before signing, not after.

Perguntas frequentes

Are no-shop clauses negotiable?

The duration is: shorter windows (30 days) protect founders from being tied up by a slow investor.

Is the term sheet itself binding?

Mostly not, except clauses like no-shop and confidentiality; the economic terms bind only at closing documents.

Coloque este termo em prática

Definições vencem negociações apenas quando você está em uma. Encontre os investidores que financiam seu estágio e inicie a conversa.

Navegue pelo banco de dados de investidores