Common use of Limitations on Trading During Certain Days Clause in Contracts

Limitations on Trading During Certain Days. Shareholder hereby agrees that it will not, and will cause any member of Shareholder Group not to, on any day from, and including, the first Scheduled Trading Day of the Observation Period to, and including, the last Trading Day of the Observation Period, (i) offer, pledge, sell, contract to sell, sell any call option or other right or warrant to purchase, purchase any put option, lend, or otherwise transfer or dispose of, directly or indirectly, any securities of the same class as any Exchange Securities (or equivalent interest, including a unit of beneficial interest in a trust or limited partnership or a depositary share), listed contracts on any securities of the same class as any Exchange Securities or any securities convertible into or exercisable or exchangeable for, or representing or represented by, any securities of the same class as any Exchange Securities, (ii) purchase, offer to purchase, place any bid or limit order that would effect a purchase of, or announce or commence any tender offer relating to, any securities of the same class as any Exchange Securities (or equivalent interest, including a unit of beneficial interest in a trust or limited partnership or a depositary share), listed contracts on any securities of the same class as any Exchange Securities or any securities convertible into or exercisable or exchangeable for, or representing or represented by, any securities of the same class as any Exchange Securities, or (iii) enter into any swap or other arrangement that transfers to, or from, another Person, directly or indirectly, in whole or in part, any of the economic consequences of ownership of any securities of the same class as any of the Exchange Securities, whether any such transaction described in clauses (i), (ii) and/or (iii) is to be settled by delivery of any securities of the same class as any Exchange Securities or such other securities, in cash or otherwise.

Appears in 4 contracts

Samples: Forward Agreement, Forward Agreement (2017 Mandatory Exchangeable Trust), Forward Agreement (2017 Mandatory Exchangeable Trust)

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