Backstop meaning - Backstop technology
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Backstop Purchaser Definition
Backstop Agreement: Definition & Sample
Back Stop Definition
Backstop technology
If one party fails to meet its obligations, the backstop agreement will ensure that there is still enough money or assets to fulfill all other aspects of the deal.
The backstop was conceived as a guarantee that the Irish border would remain open after Brexit.
The Company has all requisite corporate power and authority and all material licenses, permits and authorizations necessary to own and operate its properties and to carry on its business as now conducted and presently proposed to be conducted, and all requisite corporate power and authority to carry out the transactions contemplated by this Agreement, including, without limitation, the Rights Offering.
Backstop
There was progress on the financial settlement and citizens' rights, but the meeting was abandoned after Northern Ireland's objected to arrangements for the Irish border.
Afterwards, he attended New York Law School where he focused his studies on Corporate and Securities Law.
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