Covenant Not to Sell. Guidant agrees and covenants not to sell, market, make or have made, directly or indirectly, any Licensed Products except pursuant to the licenses granted in Section 2(a) and Section 2(b) above.
Covenant Not to Sell. Transfer, or Assign the Exchanged Company Shares or any Interest therein.
Covenant Not to Sell. Licensee agrees and covenants not to sell or market, directly or indirectly, any products which incorporates any IVM Technical Information or sell products covered by the Licensed Patents, for use outside the Field. In the event that Licensee learns that such Products are being sold or marketed outside the Field, it shall take all reasonable actions required to stop such sales and/or marketing.
Covenant Not to Sell. Purchaser hereby agrees that it will not, prior to the first anniversary of the date hereof (the “Restricted Period”), offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend or otherwise transfer or dispose of, directly or indirectly (each, a “Transfer”), any of the Purchaser Securities. The foregoing sentence shall not apply to (a) Transfers of the Purchaser Securities as a bona fide gift, (b) Transfers by Purchaser to any entity that is directly or indirectly controlled by, or is under common control with, Purchaser or (c) the establishment of a trading plan pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, for the sale of any Purchaser Securities, provided that such plan does not provide for the transfer of any Purchaser Securities during the Restricted Period (“Permitted Transfers”).
Covenant Not to Sell. Provided that Set Jet remains in compliance with the terms of this Agreement, Agent agrees not to sell or otherwise dispose of the Aircraft owned or controlled by Agent currently being sued in Set Jet’s fleet operations, unless Set Jet otherwise gives prior written consent to such sale.
Covenant Not to Sell. At any time that this Pledge Agreement is in --------------------- effect, Pledgor agrees that without the prior approval of Pledgee, he will not sell or agree to sell any shares of POCC stock which he owns. The preceding provisions of this Section 5 shall be inapplicable to the approximately One Million Three Hundred Thousand (1,300,000) shares of POCC stock owned by Pledgor which currently are pledged to secure certain obligations of Pledgor or to gifts from this date forward or disposition by will or the laws of descent and distribution by Pledgor of shares of POCC stock owned by Pledgor provided that the recipients of any such gifts or dispositions by will or the laws of descent and distribution shall remain subject to the prohibition on sale of any shares so received for so long as sales by such recipients are required to be aggregated with sales by or for the account of the Pledgor pursuant to Rule 144 promulgated by the Commission (as defined in the Purchase Agreements) under the Securities Act (as defined in the Purchase Agreements)
Covenant Not to Sell. The Holder hereby covenants and agrees it will not sell, transfer or otherwise dispose of any of its Firm Shares to the extent that such sale, transfer or other disposition would reduce the aggregate Fair Market Value of the Holder's remaining Firm Shares at the time of determination to less than 120% of the then Potential Liabilities. Holder hereby consents to the placement of a legend on the certificate(s) evidencing the ownership of its Firm Shares indicating that such shares are subject to the restrictions set forth herein.
Covenant Not to Sell. Purchaser hereby agrees that it will not, prior to the first anniversary of the date hereof (the “Restricted Period”), offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend or otherwise transfer or dispose of, directly or indirectly (each, a “Transfer”), any of the Purchaser Shares or, if and when applicable, the Conversion Shares. The foregoing sentence shall not apply to (a) Transfers of the Purchaser Shares or Conversion Shares as a bona fide gift, (b) Transfers by Purchaser to any entity that is directly or indirectly controlled by, or is under common control with, Purchaser or (c) the establishment of a trading plan pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, for the sale of Conversion Shares, provided that such plan does not provide for the transfer of shares of Conversion Shares during the Restricted Period (“Permitted Transfers”).
Covenant Not to Sell
