Common use of Market Stand-Off Provisions Clause in Contracts

Market Stand-Off Provisions. (a) In connection with any underwritten public offering by the Corporation of its equity securities pursuant to an effective registration statement filed under the 1933 Act, including the Corporation's initial public offering, Owner shall not sell, make any short sale of, loan, hypothecate, pledge, grant any option for the purchase of, or otherwise dispose or transfer for value or otherwise agree to engage in any of the foregoing transactions with respect to, any Shares without the prior written consent of the Corporation or its underwriters. Such limitations shall be in effect for such period of time from and after the effective date of such registration statement as may be requested by the Corporation or such underwriters; PROVIDED, however, that in no event shall such period exceed one hundred-eighty (180) days in connection with Corporation's initial public offering or ninety (90) days in connection with any subsequent public offering.

Appears in 2 contracts

Samples: Agreement (Collateral Therapeutics Inc), Collateral Therapeutics Inc

AutoNDA by SimpleDocs

Market Stand-Off Provisions. (a) A. In connection with any underwritten public offering by the Corporation of its equity securities pursuant to an effective registration statement filed under the 1933 Act, including the Corporation's initial public offering, Owner shall not sell, make any short sale of, loan, hypothecate, pledge, grant any option for the purchase of, or otherwise dispose or transfer for value or otherwise agree to engage in any of the foregoing transactions with respect to, any Purchased Shares without the prior written consent of the Corporation or its underwriters. Such limitations shall be in effect for such period of time from and after the effective date of such registration statement as may be requested by the Corporation or such underwriters; PROVIDEDprovided, however, that in no event shall such period exceed one hundred-eighty (180) days days. The limitations of this paragraph 4.4 shall remain in connection with Corporation's initial public offering or ninety (90) days in connection with any subsequent public offering.effect for the two-year

Appears in 1 contract

Samples: Stock Purchase Agreement (Discovery Partners International Inc)

Market Stand-Off Provisions. (a) In connection with any underwritten public offering by the Corporation of its equity securities pursuant to an effective registration statement filed under the 1933 Act, including the Corporation's initial public offering, Owner shall not sell, make any short sale of, loan, hypothecate, pledge, grant any option for the purchase of, or otherwise dispose or transfer for value or otherwise agree to engage in any of the foregoing transactions with respect to, any Shares without the prior written consent of the Corporation or its underwriters. Such limitations shall be in effect for such period of time from and after the effective date of such registration statement as may be requested by the Corporation or such underwriters; PROVIDEDprovided, however, that in no event shall such period exceed one hundred-eighty (180) days in connection with Corporation's initial public offering or ninety (90) days in connection with any subsequent public offering.

Appears in 1 contract

Samples: Stock Pledge Agreement (Nanogen Inc)

AutoNDA by SimpleDocs

Market Stand-Off Provisions. (a) In connection with any the first underwritten public offering by the Corporation Company of its equity securities pursuant to an effective registration statement filed under the 1933 Act, including the Corporation's initial public offering, Owner shall not sell, make any short sale of, loan, hypothecate, pledge, grant any option for the purchase of, or otherwise dispose or transfer for value or otherwise agree to engage in any of the foregoing transactions with respect to, any Shares without the prior written consent of the Corporation or Company and its underwriters. Such limitations shall be in effect for such period of time from and after the effective date of such registration statement as may be requested by the Corporation Company or such its underwriters; PROVIDEDprovided, however, that in no event shall such period exceed one hundred-eighty (180) days in connection with Corporation's initial public offering or ninety (90) days in connection with any subsequent public offeringdays.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Synopsys Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.