No Deal definition
Examples of No Deal in a sentence
No Deal Agent shall be deemed to have knowledge of any Event of Default or Early Amortization Event unless such Deal Agent has received written notice to such effect from the Issuer, the Indenture Trustee or a Purchaser.
No Deal Brexit -The Information Commissioner advises that in the event of a no- deal Brexit it is anticipated that the Government of the day will pass legislation to incorporate GDPR into UK law alongside the DPA 2018.
In this case, rather than paying off all the challengers, litigation ensues and the ‘Pay All’ region starts changing to ‘IV – No Deal, Litigation’ as shown in the third panel of Figure 6.
Details are given in the appendix, but the main differences in the agreement simulations are that while the threshold κ∗ values does not change, the required payments to keep the challengers out of the market decrease, thus making it easier for the branded firm to pay off all challengers, and hence shrink the zone in which deals are rejected (area marked as ‘IV No Deal, Litigation’ shrinks).
Since duopoly payments are larger than triopoly payments, the area to the left of κ∗ converges faster in J to ‘IV – No Deal, Litigation’ compared to the area to the right of the credible threat point, but in the limit, all of the earlier ‘Pay All’ region becomes ‘No Deal’ region.