No Negotiations or Discussions. Until the Closing Date, Contributor and Principal shall deal exclusively with LMP regarding the transactions contemplated by this Agreement and the Real Estate Contract. Contributor and Principal shall not pursue, initiate, encourage or engage in any negotiations or discussions with, or provide any information to, any person or entity (other than LMP and its representatives and affiliates) regarding the sale or possible sale to any such person or entity of the Assets, Property or Contributor’s equity or any merger, consolidation, joint venture, management agreement, or any other transaction of any nature with Contributor or Principal, which would hinder or frustrate the transactions contemplated hereby.
Appears in 4 contracts
Samples: Dealership Asset Contribution Agreement (LMP Automotive Holdings, Inc.), Dealership Asset Contribution Agreement (LMP Automotive Holdings, Inc.), Dealership Asset Contribution Agreement (LMP Automotive Holdings, Inc.)
No Negotiations or Discussions. Until the Closing Date, Contributor Contributors and Principal shall deal exclusively with LMP regarding the transactions contemplated by this Agreement and the Real Estate Contract. Contributor Contributors and Principal shall not pursue, initiate, encourage or engage in any negotiations or discussions with, or provide any information to, any person or entity (other than LMP and its representatives and affiliates) regarding the sale or possible sale to any such person or entity of the Assets, Property or Contributor’s Contributors’ equity or any merger, consolidation, joint venture, management agreement, or any other transaction of any nature with Contributor Contributors or Principal, which would hinder or frustrate the transactions contemplated hereby.
Appears in 2 contracts
Samples: Dealership Asset Contribution Agreement (LMP Automotive Holdings, Inc.), Dealership Asset Contribution Agreement (LMP Automotive Holdings, Inc.)
