Common use of Lock-Up Restrictions Clause in Contracts

Lock-Up Restrictions. The Holder agrees not to sell, make any Short Sale (as defined below) of, loan, pledge, grant any option for the purchase of, or otherwise dispose of any of the Warrant Shares issuable upon the exercise of this Warrant without the prior written consent of the Company for a period of one hundred twenty (120) days after the end of the Warrant Term (the “Lock-Up Period”). For the avoidance of doubt, the Holder may transfer during the Lock-Up Period any such Warrant Shares to any of its Affiliates in accordance with Section 3, provided that such Affiliate(s) agree to be bound by the same lock up restrictions.

Appears in 3 contracts

Samples: Warrant to Purchase Common Stock (Naked Brand Group Inc.), Warrant to Purchase Common Stock (Naked Brand Group Inc.), Warrant to Purchase Common Stock (Naked Brand Group Inc.)

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Lock-Up Restrictions. The Holder agrees not to sell, make any Short Sale (as defined below) of, loan, pledge, grant any option for the purchase of, or otherwise dispose of any of the Warrant Shares issuable upon the exercise of this Warrant without the prior written consent of the Company for a period of one hundred twenty sixty (12060) days after the end of the Warrant Term (the “Lock-Up Period”). For the avoidance of doubt, the Holder may transfer during the Lock-Up Period any such Warrant Shares to any of its Affiliates in accordance with Section 38, provided that such Affiliate(s) agree to be bound by the same lock up restrictions.

Appears in 3 contracts

Samples: Warrant to Purchase Common Stock (Cryoport, Inc.), Warrant to Purchase Common Stock (Cryoport, Inc.), Warrant to Purchase Common Stock (Cryoport, Inc.)

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