Common use of Limitation on Dispositions Clause in Contracts

Limitation on Dispositions. Until the date that is one (1) year after the Closing Date, in no event will any Purchaser sell, transfer or otherwise dispose of, in a single day, beneficial ownership of shares of Common Stock in an amount exceeding 10% of the average daily trading volume of the Common Stock on such day.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Eyenovia, Inc.), Securities Purchase Agreement (Eyenovia, Inc.)

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Limitation on Dispositions. Until the date that is one (1) year after the Closing Date, in no event will any Purchaser Purchaser, together with its Affiliates, sell, transfer or otherwise dispose of, in a single day, beneficial ownership of shares of Common Stock in an amount exceeding 10% of the average daily trading volume of the Common Stock on such day.

Appears in 1 contract

Samples: Securities Purchase Agreement (Eyenovia, Inc.)

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Limitation on Dispositions. Until the date that is one (1) year after the Closing Date, in no event will any the Purchaser sell, transfer or otherwise dispose of, in a single day, beneficial ownership of shares of Common Stock in an amount exceeding 10% of the average daily trading volume of the Common Stock on such day.

Appears in 1 contract

Samples: Securities Purchase Agreement (Eyenovia, Inc.)

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