Glossary
With over 200 terms in both English and French, our M&A Dictionary is designed to help you better understand the key words and concepts related to the sale oe purchase of a business in Canada.
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Exclusive Right to Sell
« Back to Glossary IndexCategory: Mergers and Acquisitions
Typically refers to an agreement between a seller and a selected intermediary, such as an investment banker or a business broker. This agreement grants the intermediary the exclusive authority to represent and facilitate the sale of the business or its assets for a specified period. Additionally, grants the intermediary the right to receive a commission if the property or business is sold by anyone, including the seller, during the term of the agreement.
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