Common use of No Shorting Clause in Contracts

No Shorting. Purchaser has not engaged in any short sales of any shares of Common Stock of the Company or instructed any third parties to engage in any short sales of securities of the Company on its behalf prior to the closing date. Purchaser covenants and agrees that at closing it will not be in a net short position with respect to the shares of Common Stock.

Appears in 3 contracts

Samples: Subscription Agreement (Blackhawk Capital Group BDC Inc), Subscription Agreement (Blackhawk Capital Group BDC Inc), Subscription Agreement (Blackhawk Capital Group BDC Inc)

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No Shorting. No Purchaser has not engaged in any short sales of any shares of Common Stock securities of the Company or instructed any third parties to engage in any short sales of securities of the Company on its behalf prior to the closing dateClosing Date. Each Purchaser covenants and agrees that at closing it will not be in a net short position with respect to the shares of Common StockStock issued or issuable to it.

Appears in 3 contracts

Samples: Series a Preferred Purchase Agreement (World Racing Group, Inc.), Series B Preferred Stock (Bond Laboratories, Inc.), Series a Preferred Purchase Agreement (World Racing Group, Inc.)

No Shorting. Since becoming aware of a potential investment opportunity in the Company, no Purchaser has not engaged in any short sales of any shares of Common Stock securities of the Company or instructed any third parties to engage in any short sales of securities of the Company on its behalf prior to the closing dateClosing Date. Each Purchaser covenants and agrees that at closing that, so long as it is in possession of any Securities, it will not be in a net short position with respect to the shares of Common StockStock issued or issuable to it.

Appears in 3 contracts

Samples: Purchaser (Echo Therapeutics, Inc.), Common Stock and Warrant Purchase Agreement (Echo Therapeutics, Inc.), Subscription Agreement (Echo Therapeutics, Inc.)

No Shorting. No Purchaser has not engaged in any short sales of any shares of the Common Stock of the Company or instructed any third parties to engage in any short sales of securities of the Company Common Stock on its behalf prior to the closing dateClosing Date. Each Purchaser covenants and agrees that at closing it will not be in a net short position with respect to the shares of Common Stock.

Appears in 3 contracts

Samples: Common Stock Purchase Agreement (Ortec International Inc), Convertible Preferred Stock Purchase Agreement (Hienergy Technologies Inc), Common Stock Purchase Agreement (Ortec International Inc)

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No Shorting. No Purchaser has not engaged in any short sales of any shares of Common Stock securities of the Company or instructed any third parties to engage in any short sales of securities of the Company on its behalf prior to the closing dateClosing Date. Each Purchaser covenants and agrees that at closing it will not be in a net short position with respect to the shares of Common StockStock issued or issuable to it.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Apextalk Holdings Inc), Escrow Agreement (Bond Laboratories, Inc.)

No Shorting. No Purchaser has not engaged in any short sales of any shares of Common Stock securities of the Company or instructed any third parties to engage in any short sales of securities of the Company on its behalf prior to the closing dateClosing Date. Each Purchaser covenants and agrees that at closing that, so long as it is in possession of any Securities, it will not be in a net short position with respect to the shares of Common StockStock issued or issuable to it.

Appears in 1 contract

Samples: Common Stock and Warrant Purchase Agreement (Echo Therapeutics, Inc.)

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