Common use of Covenants with respect to the Company Clause in Contracts

Covenants with respect to the Company. The Stockholder hereby agrees that during the Term, the Stockholder shall not, and shall direct and use its best efforts to cause the Company, the Company Subsidiaries and the Representatives of the Company and the Company Subsidiaries not to, directly or indirectly: (a) initiate, solicit or encourage (including by way of furnishing information or assistance), or take any other action to facilitate, any inquiries or the making of any proposal that constitutes, or may reasonably be expected to lead to, any Competing Transaction for the Company; or (b) enter into or participate in any discussions or negotiations with any Person regarding a Competing Transaction for the Company, or furnish to any Person any information regarding a Competing Transaction for the Company, or take any other action to facilitate or cooperate with the making of any inquiry or proposal regarding a Competing Transaction for the Company; or (c) agree to approve or endorse any Competing Transaction for the Company.

Appears in 3 contracts

Samples: Voting Agreement (Motient Corp), Voting Agreement (Motient Corp), Voting Agreement (Motient Corp)

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Covenants with respect to the Company. The Stockholder hereby -------------------------------------- agrees that during the Term, the Stockholder shall not, and shall direct and use its best efforts to cause the Company, the Company Subsidiaries and the Representatives of the Company and the Company Subsidiaries not to, directly or indirectly: (a) initiate, solicit or encourage (including by way of furnishing information or assistance), or take any other action to facilitate, any inquiries or the making of any proposal that constitutes, or may reasonably be expected to lead to, any Competing Transaction for the Company; or (b) enter into or participate in any discussions or negotiations with any Person regarding a Competing Transaction for the Company, or furnish to any Person any information regarding a Competing Transaction for the Company, or take any other action to facilitate or cooperate with the making of any inquiry or proposal regarding a Competing Transaction for the Company; or (c) agree to approve or endorse any Competing Transaction for the Company.

Appears in 1 contract

Samples: Voting Agreement (Apollo Investment Fund Iv Lp)

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