Common use of Absence of Stabilization Clause in Contracts

Absence of Stabilization. Neither Triangle Entity has taken, and will not take, directly or indirectly, any action designed to or that would constitute or that might reasonably be expected to cause or result in the stabilization or manipulation of the price of any security to facilitate the sale or resale of the Securities, and neither Triangle Entity is aware of any such action taken or to be taken by any affiliates of such Triangle Entity. The Triangle Entities acknowledge that the Underwriters may engage in passive market making transactions in the Securities in accordance with Regulation M under the 1934 Act.

Appears in 2 contracts

Samples: Underwriting Agreement (Triangle Capital CORP), Underwriting Agreement (Triangle Capital CORP)

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Absence of Stabilization. Neither Triangle Entity has taken, and taken nor after the date hereof will not take, directly or indirectly, any action designed to or that would constitute or that might reasonably be expected to cause or result in the stabilization or manipulation of the price of any security to facilitate the sale or resale of the Securities, and neither Triangle Entity is aware of any such action taken or to be taken by any affiliates of such Triangle Entity. The Triangle Entities acknowledge that the Underwriters may engage in passive market making transactions in the Securities in accordance with Regulation M under the 1934 Act.

Appears in 2 contracts

Samples: Underwriting Agreement (Triangle Capital CORP), Underwriting Agreement (Triangle Capital CORP)

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