Common use of Certain Trading Limitations Clause in Contracts

Certain Trading Limitations. Each Purchaser agrees that beginning on the date hereof until the earlier to occur of (a) 90 days from the Closing Date and (b) the effective date of the Registration Statement to be filed in connection with the sale of the Company Shares, it will not enter into any Short Sales. For purposes of this Section 3.2(f), a “Short Sale” by a Purchaser means a sale of Common Stock that is marked as a short sale and that is executed at a time when such Purchaser has no equivalent offsetting long position in the Common Stock. For purposes of determining whether a Purchaser has an equivalent offsetting long position in the Common Stock, all Common Stock and all Common Stock that would be issuable upon conversion or exercise in full of all Options then held by such Purchaser (assuming that such Options were then fully convertible or exercisable, notwithstanding any provisions to the contrary, and giving effect to any conversion or exercise price adjustments scheduled to take effect in the future) shall be deemed to be held long by such Purchaser.

Certain Trading Limitations. Each Purchaser agrees The Buyers agree that beginning on the date hereof until the earlier prior to occur of (a) 90 days from the Closing Date and (b) the effective date of the Registration Statement and during the Reference Period (as defined in the Certificate of Designation) and the ten (10) day period prior to be filed in connection with the sale of Reference Period, the Company SharesBuyers (including their respective Affiliates), it will not enter into any Short SalesSales (as defined below) or any transaction that would have a similar effect as a Short Sale. For purposes of this Section 3.2(f), a “Short Sale” by a Purchaser Buyer means a sale of Common Stock that is marked as a short sale and that is executed at a time when such Purchaser Buyer has no equivalent offsetting long position in the Common Stock. For purposes of determining whether a Purchaser Buyer has an equivalent offsetting long position in the Common Stock, all Common Stock and all Common Stock that would be issuable upon conversion or exercise in full of all Options securities then held by such Purchaser Buyer (assuming that such Options securities were then fully convertible or exercisable, notwithstanding any provisions to the contrary, and giving effect to any conversion or exercise price adjustments scheduled to take effect in the future) shall be deemed to be held long by such PurchaserBuyer.

Certain Trading Limitations. Each Purchaser agrees that beginning on the date hereof until the earlier to occur of (a) 90 days from the Closing Date and (b) the effective date of the Registration Statement to be filed in connection with the sale of the Company Shares, it will not enter into any Short Sales. For purposes of this Section 3.2(f), a “Short Sale” "SHORT SALE" by a Purchaser means a sale of Common Stock that is marked as a short sale and that is executed at a time when such Purchaser has no equivalent offsetting long position in the Common Stock. For purposes of determining whether a Purchaser has an equivalent offsetting long position in the Common Stock, all Common Stock and all Common Stock that would be issuable upon conversion or exercise in full of all Options then held by such Purchaser (assuming that such Options were then fully convertible or exercisable, notwithstanding any provisions to the contrary, and giving effect to any conversion or exercise price adjustments scheduled to take effect in the future) shall be deemed to be held long by such Purchaser.