No Shorting/Overseas Trading. Lender represents and agrees, as applicable, (i) Lender has not prior to the Closing Date, entered into or effected any short sale or other hedging transaction which establishes a net short position with respect to the Borrower and has not engaged in any overseas trading in the Borrower’s Common Stock and (ii) so long as any Obligations remain outstanding, Lender will not enter into or effect and shall cause its Affiliates not to enter into or effect any short sale or other hedging transaction which establishes a net short position with respect to the Borrower and shall not engage in any overseas trading in the Borrower’s Common Stock.
Appears in 5 contracts
Samples: Senior Secured Revolving Credit Facility Agreement, Senior Secured Revolving Credit Facility Agreement (Sunpeaks Ventures, Inc.), Senior Secured Revolving Credit Facility Agreement (Sunpeaks Ventures, Inc.)
No Shorting/Overseas Trading. Lender represents and agrees, as applicable, (i) Lender has not prior to the Closing Datedate hereof, entered into or effected any short sale or other hedging transaction which establishes a net short position with respect to the Borrower and has not engaged in any overseas trading in the Borrower’s Common Stock and (ii) so long as any Obligations remain outstanding, Lender will not enter into or effect and shall cause its Affiliates not to enter into or effect any short sale or other hedging transaction which establishes a net short position with respect to the Borrower and shall not engage in any overseas trading in the Borrower’s Common Stock.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Facility Agreement (Redfin Network, Inc.)
No Shorting/Overseas Trading. Lender represents and agrees, as applicable, (iapplicable,(i) Lender has not prior to the Closing Datedate hereof, entered into or effected any short sale or other hedging transaction which establishes a net short position with respect to the Borrower and has not engaged in any overseas trading in the Borrower’s Common Stock and (ii) so long as any Obligations remain outstanding, Lender will not enter into or effect and shall cause its Affiliates not to enter into or effect any short sale or other hedging transaction which establishes a net short position with respect to the Borrower and shall not engage in any overseas trading in the Borrower’s Common Stock.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Facility Agreement (Medytox Solutions, Inc.)
