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Spanish to English translations [PRO] Bus/Financial - Finance (general) | | Spanish term or phrase: transacción exclusiva | Será ilegal el que cualquier persona arriende, venda or se obligue a arrendar o vender directa o indirectamente bienes inmuebles para uso, consumo o reventa en (país) con la condición de que el arrendatario no pueda usar o negociar en bienes....
A heading in a document about tradable commodities in Puerto Rico.
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| | exclusive/exclusivity agreement | Explanation: OR
EXCLUSIVITY CLAUSE/AGREEMENT
Exclusivity agreement (also known as a lock-out agreement) for the grant of a lease with no agreement for lease in which a landlord agrees not to negotiate ...
www.practicallaw.com/scripts/ article.asp?Article_ID=16083 - 14k -
EXCLUSIVE AGREEMENT:
An agreement commonly used in the late 1800s and early 1900s between a producer and an intermediary (such as a store) in which the intermediary agrees to sell only the producer's good, while the producer agrees not to provide the good to other intermediaries in the same market. This was commonly used by firms to obtain market control for their output. The use of exclusive agreements was specifically outlawed by the Clayton Act in 1914. However, modern firms continue to use exclusive agreements with varying degrees of success.
-------------------------------------------------- Note added at 45 mins (2004-05-13 10:07:30 GMT) --------------------------------------------------
Exclusivity agreements
Exclusivity agreements are used to try to ensure that the other party to a prospective deal negotiates solely with you for a period of time. They aim to give you some protection from another party outbidding you. This topic includes materials and specimen agreements.
They are enforceable in many European countries, but they usually only achieve temporary protection. In many continental European jurisdictions you already have some protection even where there is no such agreements through a general duty to negotiate in good faith.
http://www.practicallaw.com/scripts/topic.asp?Topic_ID=754
http://www.sfasu.edu/gencounsel/howtos14.htm
http://www.mcareol.com/inmcodic.htm#Exclusivity Clause
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| Selected response from: Maria Luisa Duarte Spain Local time: 04:20
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