Common use of No Shop Clause in Contracts

No Shop. From the date of this Agreement until the earlier of (i) the Closing Date, or (ii) the termination of this Agreement, the Company shall not, and the Company shall cause the Company's shareholders, officers, directors, employees and other agents not to, directly or indirectly, take any action to solicit, initiate or encourage any offer or proposal or indication of interest in a merger, consolidation or other business combination involving any equity interest in, or a substantial portion of the assets of the Company, other than in connection with the transactions contemplated by this Agreement. The Company shall immediately advise the Buyer of the terms of any offer, proposal or indication of interest that it receives or otherwise becomes aware of.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Atlantis Plastics Inc), Asset Purchase Agreement (Armitec Inc), Stock Purchase Agreement (Xstream Beverage Group Inc)

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No Shop. From the date of this Agreement until the earlier of (i) the Closing Date, or (ii) the termination of this Agreement, the Company shall not, and the Company Seller shall cause the Company's shareholders, Company and their respective officers, directors, employees and other agents not to, directly or indirectly, take any action to solicit, initiate or encourage any offer or proposal or indication of interest in a merger, consolidation or other business combination involving any equity interest in, or a substantial portion of the assets of the Company, other than in connection with the transactions contemplated by this Agreement. The Company and the Seller shall immediately advise the Buyer Purchaser of the terms of any written offer, proposal or indication of interest that it receives they receive or otherwise becomes become aware of.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Winsloew Furniture Inc), Stock Purchase Agreement (Winsloew Furniture Inc)

No Shop. From the date of this Agreement until the earlier of (i) the Closing Date, or (ii) the termination of this Agreement, the Company shall not, and the Company Sellers shall cause the Company's shareholders, Company and their respective officers, directors, employees and other agents not to, directly or indirectly, take any action to solicit, initiate or encourage any offer or proposal or indication of interest in a merger, consolidation or other business combination involving any equity interest in, or a substantial portion of the assets of the Company, other than in connection with the transactions contemplated by this Agreement. The Company and the Sellers shall immediately advise the Buyer Purchaser of the terms of any written offer, proposal or indication of interest that it receives they receive or otherwise becomes become aware of.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Winsloew Furniture Inc), Stock Purchase Agreement (Winsloew Furniture Inc)

No Shop. From the date of this Agreement until the earlier of (i) the Closing Date, or (ii) the termination of this Agreement, the Company shall not, and the Company Stockholders shall not cause the Company's shareholders, ’s officers, directors, employees and other agents not to, directly or indirectly, take any action to solicit, initiate or encourage any offer or proposal or indication of interest in a merger, consolidation or other business combination involving any equity interest in, or a substantial portion of the assets of the Company, other than in connection with the transactions contemplated by this Agreement. The Company shall immediately advise the Buyer of the terms of any offer, proposal or indication of interest that it receives or otherwise becomes aware of.

Appears in 2 contracts

Samples: Stock Exchange Agreement (Solar Thin Films, Inc.), Stock Exchange Agreement (Solar Thin Films, Inc.)

No Shop. From the date of this Agreement until the earlier of (i) the Closing Date, or (ii) the termination of this Agreement, the Company shall not, and the Shareholder shall not and each of the Company and the Shareholder shall cause the Company's its shareholders, officers, directors, employees and other agents not to, directly or indirectly, take any action to solicit, initiate or encourage any offer or proposal or indication of interest in a merger, consolidation or other business combination involving any equity interest inin the Company, or a substantial any portion of the assets of the CompanyAcquired Assets, other than in connection with the transactions contemplated by this Agreement. The Company shall immediately advise the Buyer of the terms of any offer, proposal or indication of interest that it receives or otherwise becomes aware of.

Appears in 1 contract

Samples: Asset Purchase Agreement (Access Worldwide Communications Inc)

No Shop. From the date of this Agreement until the earlier of (i) the Closing Date, or (ii) the termination of this Agreement, the Company and each Owner severally shall not, and the Company and each Owner severally shall cause the Company's shareholders, ’s officers, directors, employees and other agents not to, directly or indirectly, take any action to solicit, initiate or encourage any offer or proposal or indication of interest in a merger, consolidation or other business combination involving any equity interest in, or a substantial portion of the assets of the Company, other than in connection with the transactions contemplated by this Agreement. The Company shall immediately advise the Buyer Parent of the terms of any offer, proposal or indication of interest that it receives or otherwise becomes aware of.

Appears in 1 contract

Samples: Merger Agreement (Roadrunner Transportation Systems, Inc.)

No Shop. From the date of this Agreement until the earlier of (i) the Closing Date, or (ii) the termination of this Agreement, the Company Seller shall not, not and the Company shall cause the Company's its shareholders, officers, directors, employees and other agents not to, directly or indirectly, take any action to solicit, initiate or encourage any offer or proposal or indication of interest in a merger, consolidation consolidation, sale of stock or assets or other business combination involving any equity interest inin Seller, or a substantial any material portion of the assets of the Companyits assets, other than in connection with the transactions contemplated by this Agreement. The Company Seller shall immediately advise the Buyer Purchaser of the terms of any offer, proposal or indication of interest that it receives or otherwise becomes aware of.

Appears in 1 contract

Samples: Asset Purchase Agreement (Kensey Nash Corp)

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No Shop. From the date of this Agreement until the earlier of (i) the Closing Date, or (ii) the termination of this Agreement, the Company and the Members shall not, and the Company shall cause the Company's shareholders’s managers, officers, directors, employees and other agents not to, directly or indirectly, take any action to solicit, initiate initiate, or encourage any offer or proposal or indication of interest in a merger, consolidation consolidation, or other business combination involving any equity interest in, or a substantial portion of the assets of the Company, other than in connection with the transactions contemplated by this Agreement. The Company shall immediately advise the Buyer of the terms of any offer, proposal proposal, or indication of interest that it receives or otherwise becomes aware of.

Appears in 1 contract

Samples: Asset Purchase Agreement (Smith & Wesson Holding Corp)

No Shop. From the date of this Agreement until the earlier of (i) the Closing Date, or and (ii) the termination of this Agreement, the Company and the Stockholders shall not, and the Company shall cause the Company's shareholders, officers, directors, employees and other agents not to, directly or indirectly, take any action to solicit, initiate or encourage any offer or proposal or indication of interest in a merger, consolidation or other business combination involving any equity interest in, or a substantial portion of the assets of of, the Company, other than in connection with the transactions contemplated by this Agreement. The Company shall immediately advise the Buyer of the terms of any offer, proposal or indication of interest that it receives or otherwise becomes aware of.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sunglass Hut International Inc)

No Shop. From the date of this Agreement until the earlier of (i) the Closing Date, or (ii) the termination of this Agreement, the Company shall not, and the Company Sellers shall cause the Company's shareholders, Company and their respective officers, directors, employees and other agents not to, directly or indirectly, take any action to solicit, initiate or encourage any offer or proposal or indication of interest in a merger, consolidation or other business combination involving any equity interest in, or a substantial portion of the assets of the Company, other than in connection with the transactions contemplated by this Agreement. The Company and the Sellers shall immediately advise the Buyer Purchaser of the terms of any written offer, proposal or indication of interest that it receives they receive or otherwise becomes aware ofbecome aware.

Appears in 1 contract

Samples: Stock Purchase Agreement (Winsloew Furniture Inc)

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