No Purchaser Transactions Sample Clauses
The 'No Purchaser Transactions' clause prohibits the purchaser from engaging in certain transactions or activities, typically involving the sale, transfer, or encumbrance of the subject assets or interests during a specified period. In practice, this means the purchaser cannot resell, assign, or otherwise dispose of their rights or obligations under the agreement until certain conditions are met, such as closing or obtaining consent from the seller. This clause serves to protect the seller by ensuring that the purchaser remains committed to the transaction and that the seller retains control over who ultimately acquires the assets or interests, thereby preventing unwanted third-party involvement or complications before completion.
No Purchaser Transactions. During the Interim Period, except as otherwise contemplated hereby, none of the Sellers or any of their respective Affiliates, directly or indirectly, shall engage in any transactions involving the securities of Purchaser without the prior written consent of Purchaser.
No Purchaser Transactions. During the period between the date hereof and the Closing, except as otherwise contemplated hereby, neither IWM, Highlander, the Company, FGH nor any of their respective Affiliates, directly or indirectly, shall engage in any transactions involving the securities of Purchaser without the prior written consent of Purchaser.