Common use of Covenants of Purchasers Clause in Contracts

Covenants of Purchasers. (a) Not to Short Sell Stock. Purchaser, on behalf of himself, his affiliates , his successors and assigns and any other direct or indirect transferee holding any of the Series C Stock, hereby covenants and agrees not to, directly or indirectly, offer to "short sell", contract to "short sell" or otherwise "short sell" or encourage others to "short sell" the securities of the Company, including, without limitation, shares of Common Stock that will be received as a result of the conversion of the Series C Stock.

Appears in 1 contract

Samples: Subscription Agreement (American Ammunition Inc/Fl)

AutoNDA by SimpleDocs

Covenants of Purchasers. (a) Not to Short Sell Stock. PurchaserPurchasers, on behalf of himself, his themselves and their affiliates , his successors and assigns the permitted assignee of any Conversion Shares hereby covenant and any other direct or indirect transferee holding any of the Series C Stock, hereby covenants and agrees agree not to, directly or indirectly, offer to "short sell", contract to "short sell" or otherwise "short sell" or encourage others to "short sell" the any securities of the Company, including, without limitation, shares of Common Stock that will be received as a result of the conversion of the Series C B Stock.

Appears in 1 contract

Samples: Subscription Agreement (M Wave Inc)

Covenants of Purchasers. (a) Not to Short Sell Stock. PurchaserPurchasers, on behalf of himself, his themselves and their affiliates , his successors and assigns and the permitted assignee of any other direct or indirect transferee holding any of the Series C StockConversion Shares, hereby covenants covenant and agrees agree not to, directly or indirectly, offer to "short sell", contract to "short sell" or otherwise "short sell" or encourage others to "short sell" the ” any securities of the CompanyCompany prior to the Closing Date, including, without limitation, shares of Common Stock that will be received as a result of the conversion of the Series C A Stock.

Appears in 1 contract

Samples: Securities Subscription Agreement (Eco2 Plastics Inc)

Covenants of Purchasers. (a) Not to Short Sell Stock. PurchaserPurchasers, on behalf of himself, his themselves and their affiliates , his successors and assigns and the permitted assignee of any other direct or indirect transferee holding any of the Series C StockConversion Shares, hereby covenants covenant and agrees agree not to, directly or indirectly, offer to "short sell", contract to "short sell" or otherwise "short sell" or encourage others to "short sell" the ” any securities of the CompanyCompany prior to the Closing Date, including, without limitation, shares of Common Stock that will be received as a result of the conversion of the Series C B Stock.

Appears in 1 contract

Samples: Securities Subscription Agreement (Eco2 Plastics Inc)

AutoNDA by SimpleDocs

Covenants of Purchasers. (a) Not to Short Sell Stock. PurchaserEach of the Purchasers, on behalf of himselfitself, his affiliates its affiliates, his its successors and assigns and any other direct or indirect transferee holding any of the Series C StockWarrants, the Preferred Stock or the Conversion Shares, hereby covenants and agrees not to, directly or indirectly, offer to "short sell", contract to "short sell" or otherwise "short sell" or encourage others to "short sell" the securities of the Company, including, without limitation, shares of Common Stock that will be received as a result of the conversion of the Series C Stock.

Appears in 1 contract

Samples: Subscription Agreement (M Wave Inc)

Covenants of Purchasers. (a) Not to Short Sell Stock. PurchaserEach of the Purchasers, on behalf of himselfitself, his affiliates its affiliates, his its successors and assigns and any other direct or indirect transferee holding any of the Series C StockPreferred Stock or the Conversion Shares, hereby covenants and agrees not to, directly or indirectly, offer to "short sell", contract to "short sell" or otherwise "short sell" or encourage others to "short sell" the securities of the Company, including, without limitation, shares of Common Stock that will be received as a result of the conversion of the Series C Stock.

Appears in 1 contract

Samples: Subscription Agreement (Diametrics Medical Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!