Common use of No Manipulation of Price Clause in Contracts

No Manipulation of Price. None of the Obligors shall take, directly or indirectly, any action designed to cause or result in, or that has constituted or might reasonably be expected to constitute, under the Exchange Act or otherwise, the stabilization or manipulation of the price of any securities of any Obligor to facilitate the sale or resale of the Securities. The Representative, on behalf of the several Underwriters, may, in its sole discretion, waive in writing the performance by any Obligor of any one or more of the foregoing covenants or extend the time for their performance.