Common use of Agent Purchases Clause in Contracts

Agent Purchases. The Company acknowledges and agrees that each Agent has informed the Company that such Agent may, to the extent permitted under the Securities Act and the Exchange Act, purchase and sell Ordinary Shares for its own account while this Agreement is in effect, provided, that (i) no such purchase or sales shall take place by the Designated Agent while a Placement Notice is in effect (except to the extent the Designated Agent may engage in sales of Placement ADSs purchased or deemed purchased from the Company as a “riskless principal” or in a similar capacity) and (ii) the Company shall not be deemed to have authorized or consented to any such purchases or sales by the Designated Agent.

Agent Purchases. The Company acknowledges and agrees that each Agent has informed the Company that such the Agent may, to the extent permitted under the Securities Act and the Exchange Act, purchase and sell Ordinary Shares Common Stock for its own account while this Agreement is in effect, provided, that (i) no such purchase or sales shall take place by the Designated Agent while a Placement Notice is in effect (except to the extent the Designated each Agent may engage in sales of Placement ADSs Shares purchased or deemed purchased from the Company as a “riskless principal” or in a similar capacity) and ), (ii) the Company shall not be deemed to have authorized or consented to any such purchases or sales by the Designated AgentAgent and (iii) Agent has implemented and will use reasonable policies and procedures to ensure that individuals making investment decisions on behalf of Agent or any of its subsidiaries or affiliates will not violate laws prohibiting trading on the basis of material nonpublic information in connection with such purchases and sales.

Agent Purchases. The Company acknowledges and agrees that each the Agent has informed the Company that such the Agent may, to the extent permitted under the Securities Act and the Exchange Act, purchase and sell Ordinary Shares Common Stock for its own account while this Agreement is in effect, provided, that (i) no such purchase or sales shall take place by the Designated Agent while a Placement Notice is in effect (except to the extent the Designated each Agent may engage in sales of Placement ADSs Shares purchased or deemed purchased from the Company as a “riskless principal” or in a similar capacity) and ), (ii) the Company shall not be deemed to have authorized or consented to any such purchases or sales by the Designated AgentAgent and (iii) the Agent has implemented and will use reasonable policies and procedures to ensure that individuals making investment decisions on behalf of the Agent or any of its subsidiaries or affiliates will not violate laws prohibiting trading on the basis of material nonpublic information in connection with such purchases and sales.

Agent Purchases. The Company acknowledges and agrees that each the Agent has informed the Company that such the Agent may, to the extent permitted under the Securities Act and the Exchange Act, purchase and sell Ordinary Shares for its own account while this Agreement is in effect, provided, that (i) no such purchase or sales shall take place by the Designated Agent while a Placement Notice is in effect (except to the extent the Designated Agent may engage in sales of Placement ADSs Shares purchased or deemed purchased from the Company as a “riskless principal” or in a similar capacity), provided, that (i) and no such purchase or sales shall take place while a Placement Notice is in effect, (ii) the Company shall not be deemed to have authorized or consented to any such purchases or sales by the Designated AgentAgent and (iii) the terms of any such purchases or sales by the Agent shall not be governed by this Agreement.