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binding agreement

   Also found in: Medical, Financial, Encyclopedia, Wikipedia, Hutchinson 0.21 sec.


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has entered into a binding agreement to raise $24 million in a private placement of common stock and the concurrent issuance of warrants for the purchase of common stock.
Rhodia signed a binding agreement for the sale of its European cartridge silicone sealants business to Henkel.
Therefore, the Second Circuit dismissed Merrill Lynch's argument that a binding agreement was necessary.
 
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