Common use of Blackout Clause in Contracts

Blackout. The Company undertakes and covenants that until the end of the Exclusion Period, the Company will not enter into any acquisition, merger, exchange or sale or other transaction that could have the effect of delaying the effectiveness of any pending registration statement or causing an already effective registration statement to no longer be effective or current.

Appears in 10 contracts

Samples: Subscription Agreement (Dalrada Financial Corp), Subscription Agreement (Satellite Security Corp), Subscription Agreement (Ness Energy International Inc /Nv/)

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Blackout. The Company undertakes and covenants that that, until the end of the Exclusion Period, the Company will not enter into any acquisition, merger, exchange or sale or other transaction or fail to take any action that could have the effect of delaying the effectiveness of any pending registration statement Registration Statement or causing an already effective registration statement Registration Statement to no longer be effective or currentcurrent for a period of forty-five or more days in the aggregate during any three hundred and sixty-five day period.

Appears in 7 contracts

Samples: Subscription Agreement (Attitude Drinks Inc.), Subscription Agreement (Attitude Drinks Inc.), Subscription Agreement (Attitude Drinks Inc.)

Blackout. The Company undertakes and covenants that without the consent of the Subscriber, until the end of the Exclusion Period, the Company will not enter into any acquisition, merger, exchange or sale or other transaction or fail to take any action that could have the effect of delaying the effectiveness of any pending registration statement beyond the effective date, or causing an already effective registration statement to no longer be effective or currentcurrent for a period of forty-five or more days in the aggregate during any three hundred and sixty-five day period.

Appears in 6 contracts

Samples: Subscription Agreement (Clear-Lite Holdings, Inc.), Subscription Agreement (Clear-Lite Holdings, Inc.), Subscription Agreement (Mass Hysteria Entertainment Company, Inc.)

Blackout. The Company undertakes and covenants that without the consent of the Subscribers, until the end of the Exclusion Period, the Company will not enter into any acquisition, merger, exchange or sale or other transaction or fail to take any action that could have the effect of delaying the effectiveness of any pending registration statement beyond the effective date, or causing an already effective registration statement to no longer be effective or currentcurrent for a period of forty-five or more days in the aggregate during any three hundred and sixty-five day period.

Appears in 5 contracts

Samples: Subscription Agreement (Wally World Media, Inc), Subscription Agreement (Aviana, Corp.), Subscription Agreement (Car Charging Group, Inc.)

Blackout. The Company undertakes and covenants that until the end of the Exclusion Period, the Company will not enter into any acquisition, merger, exchange or sale or other transaction that could have the effect of delaying the effectiveness of any pending registration statement Registration Statement or causing an already effective registration statement Registration Statement to no longer be effective or currentcurrent for a period of forty-five (45) consecutive days in the aggregate during any consecutive 365 day period.

Appears in 3 contracts

Samples: Subscription Agreement (Inrob Tech Ltd.), Subscription Agreement (Inrob Tech Ltd.), Subscription Agreement (Inrob Tech Ltd.)

Blackout. The Company undertakes and covenants that that, until the end of the Exclusion Period, the Company will not enter into any acquisition, merger, exchange or sale or other transaction or fail to take any action that could have the effect of delaying the effectiveness of any pending registration statement Registration Statement or causing an already effective registration statement Registration Statement to no longer be effective or currentcurrent for a period of forty or more days in the aggregate during any three hundred and sixty-five day period.

Appears in 3 contracts

Samples: Subscription Agreement (Franklin Towers Enterprises Inc), Subscription Agreement (Franklin Towers Enterprises Inc), Subscription Agreement (Airtrax Inc)

Blackout. The Company undertakes and covenants that that, until the end of the Exclusion Period, the Company will not enter into any acquisition, merger, exchange or sale or other transaction or fail to take any action that could have the effect of delaying the effectiveness of any pending registration statement Registration Statement or causing an already effective registration statement Registration Statement to no longer be effective or currentcurrent for a period of twenty or more days in the aggregate during any three hundred and sixty-five day period.

Appears in 3 contracts

Samples: Subscription Agreement (Liberty Star Uranium & Metals Corp.), Subscription Agreement (Commonwealth Biotechnologies Inc), Subscription Agreement (Ever-Glory International Group, Inc.)

Blackout. The Company undertakes and covenants that until the end of the Exclusion PeriodRegistration Statement has been effective for 180 days, the Company will not enter into any acquisition, merger, exchange or sale or other transaction that could have the effect of delaying the effectiveness of any pending registration statement or causing an already effective registration statement to no longer be effective or current.

Appears in 2 contracts

Samples: Subscription Agreement (Addison Davis Diagnostics), Subscription Agreement (Addison Davis Diagnostics)

Blackout. The Company undertakes and covenants that until the end of the Exclusion Period, the Company will not enter into any acquisition, merger, exchange or sale or other transaction that could have the effect of delaying the effectiveness of any pending registration statement or causing an already effective registration statement to no longer be effective or currentcurrent for a period twenty (20) or more days in the aggregate.

Appears in 2 contracts

Samples: Subscription Agreement (Dragon International Group Corp.), Subscription Agreement (Tissera Inc)

Blackout. The Company undertakes and covenants that until the end of the Exclusion Period, Period the Company will not enter into any acquisition, merger, exchange or sale or other transaction that could have the effect of delaying the effectiveness of any pending registration statement or causing an already effective registration statement to no longer be effective or currentcurrent for a period of fifteen (15) or more days.

Appears in 2 contracts

Samples: Subscription Agreement (Goldspring Inc), Subscription Agreement (Family Room Entertainment Corp)

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Blackout. The Company undertakes and covenants that until the first to occur of (i) the end of the Exclusion Period, or (ii) until all the Shares have been resold pursuant to such registration statement, the Company will not enter into any acquisition, merger, exchange or sale or other transaction that could have the effect of delaying the effectiveness of any pending registration statement or causing an already effective registration statement to no longer be effective or current.

Appears in 2 contracts

Samples: Subscription Agreement (Conolog Corp), Subscription Agreement (Conolog Corp)

Blackout. The Company undertakes and covenants that that, until the end of the Exclusion Period, the Company will not enter into any acquisition, merger, exchange or sale or other transaction or fail to take any action that could have the effect of delaying the effectiveness of any pending registration statement Registration Statement or causing an already effective registration statement Registration Statement to no longer be effective or currentcurrent for a period of sixty or more days in the aggregate during any three hundred and sixty-five day period.

Appears in 2 contracts

Samples: Subscription Agreement (IDO Security Inc.), Subscription Agreement (IDO Security Inc.)

Blackout. The Company undertakes and covenants that that, until the end of the Exclusion Period, the Company will not enter into any acquisition, merger, exchange or sale or other transaction or fail to take any action that could have the effect of delaying the effectiveness of any pending registration statement or causing an already effective registration statement to no longer be effective or currentcurrent for a period of twenty (20) or more days in the aggregate during any three hundred and sixty-five (365) day period.

Appears in 1 contract

Samples: Subscription Agreement (BigString CORP)

Blackout. The Company undertakes and covenants that that, until the -------- end of the Exclusion Period, the Company will not enter into any acquisition, merger, exchange or sale or other transaction or fail to take any action that could have the effect of delaying the effectiveness of any pending registration statement or causing an already effective registration statement to no longer be effective or currentcurrent for a period of twenty (20) or more days in the aggregate during any three hundred and sixty-five (365) day period.

Appears in 1 contract

Samples: Subscription Agreement (BigString CORP)

Blackout. The Company undertakes and covenants that until the end of the Exclusion Period, the Company will not enter into any acquisition, merger, exchange or sale or other transaction other than the Qualified Acquisition that could have the effect of delaying the effectiveness of any pending registration statement Registration Statement or causing an already effective registration statement Registration Statement to no longer be effective or currentcurrent for a period of twenty (20) or more days in the aggregate.

Appears in 1 contract

Samples: Subscription Agreement (Securac Corp)

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