During the Standstill Period Sample Clauses
The "During the Standstill Period" clause defines the specific rights and obligations of the parties during a designated timeframe in which certain actions are restricted or paused. Typically, this period prevents one or both parties from pursuing legal action, enforcing remedies, or making changes to the status quo while negotiations, dispute resolution, or other processes are ongoing. For example, a party may be prohibited from terminating a contract or initiating litigation until the standstill period expires. The core function of this clause is to provide a temporary pause that allows for orderly resolution of issues or negotiations without the threat of immediate escalation, thereby promoting stability and encouraging constructive dialogue.
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During the Standstill Period. The Ronin Group covenants and agrees that it shall not, and shall not permit any of its Affiliates or Associates to, directly or indirectly, alone or in concert with others, threaten, encourage, pursue, solicit, initiate, commence, continue, file or assist any other person to threaten, encourage, pursue, solicit, initiate, commence, continue or file any lawsuit, claim or proceeding before any court (collectively, “Legal Proceeding”) against the Company or any of its Affiliates or Associates in respect of actions or circumstances that occurred prior to the date of this Agreement, except for any Legal Proceeding initiated to remedy a breach of or to enforce this Agreement; provided, however, that the foregoing shall not prevent the Ronin Group or its Affiliates or Associates from responding to oral questions, interrogatories, requests for information or documents, subpoenas, civil investigative demands or similar processes (each, a “Legal Requirement”) in connection with any Legal Proceeding if such Legal Proceeding has not been initiated by, or on behalf of, or at the suggestion of, the Ronin Group or any of its Affiliates or Associates; provided, further, that in the event the Ronin Group or any of its Affiliates or Associates receives such Legal Requirement, such Party shall give prompt written notice (and in no event more than three (3) calendar days after receiving such Legal Requirement) of such Legal Requirement to the Company.
During the Standstill Period. During the time period through the date the Standstill Period expires, except in accordance with Sections 10.1(a)(iii), 10.6 and 10.8, no Limited Partner may Transfer, and each Limited Partner shall ensure that no Transfer by any other Person occurs in respect of, all or any portion of its Interest (including by way of Transfer of an interest in or in an interest held by such Partner).
During the Standstill Period. During the Standstill Period, except as provided for in Section 2.3, Buyer shall not, without the prior written consent of Issuer, (i) 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 dispose of, directly or indirectly, any Subject Securities, or (ii) enter into any swap or other arrangement that transfers to another, in whole or in part, directly or indirectly, any of the economic consequences of ownership of such Subject Securities, whether any such transaction described in clause (i) or (ii) above (each, a “Transfer”) is to be settled by delivery of securities, in cash or otherwise.
During the Standstill Period. On all matters submitted to a vote of the Company's stockholders at any annual or special meeting of the Company's stockholders (other than the election of directors) all Voting Securities Beneficially Owned by the Stockholder shall be voted, at the option of the Stockholder, either (i) as recommended by the Board of Directors of the Company, or (ii) in the same proportion as the votes cast by the other holders of Voting Securities, and
During the Standstill Period. During the time period through the date the Standstill Period expires, except in accordance with Sections 10.1(a)(iii), 10.6 and 10.8, no Non-Managing Member may Transfer, and each Non-Managing Member shall ensure that no Transfer by any other Person occurs in respect of, all or any portion of its Interest (including by way of Transfer of an interest in or in an interest held by such Member).
During the Standstill Period. (a) The Parties acknowledge and agree that Retailers make many independent decisions with respect to tobacco products including the purchase of tobacco products, shelf space, and signage, and neither Party shall be liable to the other Party for any loss suffered by the other Party as a result of any independent action of a Retailer.