Common use of Certain Covenants of Stockholder Clause in Contracts

Certain Covenants of Stockholder. (a) Restriction on Transfer of Subject Shares, Proxies and ------------------------------------------------------ Noninterference. The Stockholder shall not, directly or indirectly: (A) except --------------- pursuant to the terms of this Agreement, offer for sale, sell, transfer, tender, pledge, encumber, assign or otherwise dispose of, or enter into any contract, option or other arrangement or understanding with respect to or consent to the offer for sale, sale, transfer, tender, pledge, encumbrance, assignment or other disposition of, any or all of the Stockholder's Subject Shares; (B) except pursuant to the terms of this Agreement, grant any proxies or powers of attorney, deposit any of the Stockholder's Subject Shares into a voting trust or enter into a voting agreement with respect to any of the Stockholder's Subject Shares; or (C) take any action that would reasonably be expected to make any representation or warranty contained herein untrue or incorrect or have the effect of impairing the ability of the Stockholder to perform the Stockholder's obligations under this Agreement or preventing or delaying the consummation of any of the transactions contemplated hereby.

Appears in 7 contracts

Samples: Stockholder Agreement (Westower Corp), Stockholder Agreement (Westower Corp), Stockholder Agreement (Westower Corp)

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Certain Covenants of Stockholder. (a) Restriction on Transfer of Subject Shares, Proxies and ------------------------------------------------------ Noninterference. The During the Option Period, Stockholder shall not, directly or --------------- indirectly: : (A) except --------------- pursuant to the terms of this AgreementAgreement and for the tender of Subject Shares in the Offer, offer for sale, sell, transfer, tender, pledge, encumber, assign or otherwise dispose of, or enter into any contract, option or other arrangement or understanding with respect to or consent to the offer for sale, sale, transfer, tender, pledge, encumbrance, assignment or other disposition of, any or all of the Stockholder's Subject Shares; (B) except pursuant to the terms of this Agreement, grant any proxies or powers of attorney, deposit any of the Stockholder's Subject Shares into a voting trust or enter into a voting agreement with respect to any of the Stockholder's Subject Shares; or (C) take any action that would reasonably be expected to make any representation or warranty contained herein untrue or incorrect or have the effect of impairing the ability of the Stockholder to perform the Stockholder's obligations under this Agreement or preventing or delaying the consummation of any of the transactions contemplated herebyhereby or by the Merger Agreement.

Appears in 3 contracts

Samples: Stockholder Agreement (Sterling Software Inc), Stockholder Agreement (Sterling Software Inc), Stockholder Agreement (Information Advantage Inc)

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