Common use of No Short Sales or Hedging Transactions Clause in Contracts

No Short Sales or Hedging Transactions. The Investor covenants and agrees that neither it, nor any Affiliate acting on its behalf or pursuant to any understanding with it will execute any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, during the period commencing with the execution of this Agreement and ending on the earlier of the Maturity Date of the New Note; provided that this provision shall not operate to restrict the Investor's trading under any prior securities purchase agreement containing contractual rights that explicitly protects such trading in respect of the previously issued securities.

Appears in 4 contracts

Samples: Exchange Agreement (DPW Holdings, Inc.), Exchange Agreement (DPW Holdings, Inc.), Exchange Agreement (DPW Holdings, Inc.)

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