Covenant Not to Trade. Each Purchaser for itself and on behalf of each affiliate and associate of such Purchaser covenants and agrees, not to purchase, sell, make any short sale of, pledge, grant any option for the purchase or sale of or otherwise trade any Common Stock prior to the conversion of the Bridge Notes (other than a purchase of Common Stock from the Company pursuant to the exercise of the Repricing Warrant or the Warrant or the Callable Warrant), without the prior written consent of the Company.
Appears in 2 contracts
Samples: Bridge Note Purchase and Security Agreement (Tracker Corp of America), Series 1 Bridge Note Purchase and Security Agreement (Tracker Corp of America)
Covenant Not to Trade. Each Purchaser for itself and on behalf of each affiliate and associate of such Purchaser covenants and agrees, not to purchase, sell, make any short sale of, pledge, grant any option for the purchase or sale of or otherwise trade any Common Stock prior to the conversion of the Bridge Notes (other than a purchase of Common Stock from the Company pursuant to the exercise of the Repricing Warrant or the Warrant or the Callable Warrant), without the prior written consent of the Company.
Appears in 2 contracts
Samples: Series 1 Bridge Note Purchase and Security Agreement (Cumetrix Data Systems Corp), Series 1 Bridge Notes Purchase and Security Agreement (Providential Holdings Inc)
Covenant Not to Trade. Each Purchaser for itself and on behalf of each affiliate and associate of such Purchaser covenants and agrees, not to purchase, sell, make any short sale of, pledge, grant any option for the purchase or sale of or otherwise trade any Common Stock prior to the conversion of the Bridge Notes (other than a purchase of Common Stock from the Company pursuant to the exercise of the Repricing Warrant or the Warrant or the Callable Warrant), without the prior written consent of the Company.
Appears in 1 contract
Samples: Series 1 Bridge Note Purchase and Security Agreement (Compositech LTD)
Covenant Not to Trade. Each Purchaser for itself and on behalf of each affiliate and associate of such Purchaser covenants and agrees, not to purchase, sell, make any short sale of, pledge, grant any option for the purchase or sale of or otherwise trade any Common Stock prior to the conversion of the Bridge Notes (other than a purchase of Common Stock from the Company pursuant to the exercise of the Repricing Warrant or the Warrant or the Callable Warrant), without the prior written consent of the Company.
Appears in 1 contract
