No Shop, Ordinary Clause

Это уточняющий текст, имеющий ввиду, что во-первых сделка стопудово не произойдет, а во вторых диктует, что сделку точно отменят, если заметят, что вы ходите по рынку с термшитом к другим инвесторами, чтобы торговаться.

Тут мотив инвестора понять можно, не хочется чтобы тебя использовали.

Пример текста:

The Company represents and warrants that no other person, firm, corporation or other entity has any option, right of first offer or negotiation, right of first refusal or other right, whether vested or contingent, to acquire any portion of the shares or assets of the Company. During a period of 60 days following the signing of this Term Sheet, neither the Company nor any of its officers, directors, employees, agents or other representatives shall, directly or indirectly: (a) issue any new shares of the Company, cause or permit any sale, assignment, transfer or conveyance of any of the out-standing shares of the Company, or sell, assign, transfer or convey any of the assets of the Company (other than sales of the Company’s products in the ordinary course of business); (b) solicit any offers for, respond to any unsolicited offers for, or enter into or conduct any negotiations with any other person, firm, corporation or other entity in respect of the sale of all or any substantial portion of the shares in the Company, or the assets of the Company or any substantial portion of such as-sets (other than sales of the Company’s products in the ordinary course of business); or © except as may be required under applicable law, disclose any non-public information relating to the shares, assets or business of the Company to any other person, firm, corporation or other entity. Except as required under any applicable law, and except as required for the performance of this Term Sheet, neither party shall disclose or reveal to any other person, firm, corporation or other entity any in-formation relating to (i) the Company’s assets or liabilities; (ii) Investor’s proposed investment in the Company; or (iii) the negotiations between the parties.