Common use of Directed Unit Sales Clause in Contracts

Directed Unit Sales. Neither the Company nor the Trust has offered, or caused Xxxxxx Xxxxxxx & Co. LLC to offer, Common Units to any person pursuant to the Directed Unit Program with the specific intent to unlawfully influence (i) a customer or supplier of the Company to alter the customer’s or supplier’s level or type of business with the Company or (ii) a trade journalist or publication to write or publish favorable information about the Trust or the Company, its business or its products. Any certificate signed by any officer of the Company or the Trust and delivered to the Representatives or to counsel for the Underwriters pursuant to this Agreement shall be deemed a representation and warranty by the Company or the Trust, as applicable, to each Underwriter as to the matters covered thereby.

Appears in 3 contracts

Samples: Underwriting Agreement (SandRidge Mississippian Trust II), Underwriting Agreement (SandRidge Mississippian Trust II), Underwriting Agreement (SandRidge Permian Trust)

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Directed Unit Sales. Neither the Company nor the Trust has offered, or caused Xxxxxx Xxxxxxx & Co. LLC LLC. to offer, Common Units to any person pursuant to the Directed Unit Program with the specific intent to unlawfully influence (i) a customer or supplier of the Company to alter the customer’s or supplier’s level or type of business with the Company or (ii) a trade journalist or publication to write or publish favorable information about the Trust or the Company, its business or its products. Any certificate signed by any officer of the Company or the Trust and delivered to the Representatives or to counsel for the Underwriters pursuant to this Agreement shall be deemed a representation and warranty by the Company or the Trust, as applicable, to each Underwriter as to the matters covered thereby.

Appears in 1 contract

Samples: Underwriting Agreement (SandRidge Permian Trust)

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