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21 Results for Tag: agreements

Keepwell Agreement

Keepwell Agreement What is 'Keepwell Agreement' A contract between a parent company and its subsidiary to maintain solvency and financial backing throughout the term set in the agreement.

Heads Of Agreement

Heads Of Agreement What is 'Heads Of Agreement' A non-binding document outlining the main issues relevant to a tentative partnership agreement. Heads of agreement represents the first step

Yearly Renewable Term Plan of Reinsurance

Yearly Renewable Term Plan of Reinsurance What is 'Yearly Renewable Term Plan of Reinsurance' A type of life reinsurance where mortality risks are transferred to a reinsurer. In the yearly

Offtake Agreement

Offtake Agreement What is an 'Offtake Agreement' An offtake agreement is an agreement between a producer of a resource and a buyer of a resource to purchase or sell portions of the produce

Accelerated Share Repurchase (ASR)

Accelerated Share Repurchase (ASR) What is an 'Accelerated Share Repurchase - ASR' An accelerated share repurchase (ASR) is a specific method by which corporations can repurchase outstandi

Sale and Repurchase Agreement (SRA)

Sale and Repurchase Agreement (SRA) What is 'Sale and Repurchase Agreement - SRA' An open market operation, implemented by the central Bank of Canada, that is designed to affect overnight

Sales And Purchase Agreement (SPA)

Sales And Purchase Agreement (SPA) What is a 'Sales And Purchase Agreement - SPA' A sales and purchase agreement (SPA) is a legal contract that obligates a buyer to buy and a seller to sel

Cancellation Provision Clause

Cancellation Provision Clause What is 'Cancellation Provision Clause' It is a provision in an insurance policy that permits an insurer or an insurance company to cancel a property and casu

Qualified Special Representative Agreement (QSR)

Qualified Special Representative Agreement (QSR) What is 'Qualified Special Representative Agreement - QSR' An agreement between broker-dealers to clear trades without the interaction of t

Farmout

Farmout What is 'Farmout' Farmout is the assignment of part or all of an oil, natural gas or mineral interest to a third party. The interest may be in any agreed-upon form, such as explora
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