In a takeover situation, an agreement between a company and a shareholder that restricts the shareholder’s ability to acquire further shares in the company.

In a restructuring of a company’s debts, an agreement between creditors and the debtor company whereby the participating creditors agree not to take action to collect or enforce their debts for a period of time during which information can be collected and a survival strategy formulated with a view to implementing a formal restructuring.

In the context of limitation periods in litigation, an agreement that has the effect of suspending or extending a statutory or contractual limitation period.