No Other Bids. In consideration of the substantial expenditure of time, effort and expense to be undertaken by the Purchaser and the Sub in connection with its due diligence review and the consummation of the transactions contemplated hereby, the Shareholders agree that upon the execution hereof and until the Closing Date, unless this Agreement is terminated pursuant to Article XII herein, they will not, and will not permit the Company or its representatives, officers, directors, shareholders or employees to initiate, negotiate or discuss with any other person or entity (other than the other Party hereto) the sale and purchase of the Company, or a substantial interest therein, whether by purchase of assets or stock, merger or other transaction.
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Samples: Merger Agreement (Wj Communications Inc), Merger Agreement (Wj Communications Inc)
No Other Bids. In consideration of the substantial expenditure of time, effort and expense to be undertaken by the Purchaser and the Sub in connection with its due diligence review and the consummation of the transactions contemplated hereby, the Shareholders agree Seller Group represents and warrants that upon the execution hereof and until the Closing Date, unless this Agreement is terminated pursuant to Article XII XI herein, they will not, and will not permit the Company or its representatives, officers, directors, shareholders members or employees to initiate, negotiate or discuss with any other person or entity (other than the other Party party hereto) the sale and purchase of the Company, or a substantial interest therein, whether by purchase of assets or stockmembership interests, merger or other transaction.
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Samples: Membership Interest Purchase Agreement (Brookside Technology Holdings, Corp.), Membership Interest Purchase Agreement (Brookside Technology Holdings, Corp.)
No Other Bids. In consideration of the substantial expenditure of time, effort and expense to be undertaken by the Purchaser and the Sub in connection with its due diligence review and the consummation of the transactions contemplated hereby, the Shareholders agree Seller Group represents and warrants that upon the execution hereof and until the Closing Date, unless this Agreement is terminated pursuant to Article XII XI herein, they will not, and will not permit the Company or its representatives, officers, directors, shareholders members or employees to initiate, negotiate or discuss with any other person or entity (other than the other Party party hereto) the sale and purchase of the Company, or a substantial interest therein, whether by purchase of assets or stockmembership interests, merger or other transaction.transaction ARTICLE X CONDITIONS PRECEDENT 10.1
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