Common use of No Shorting Clause in Contracts

No Shorting. Provided no Trigger Event has occurred, for so long as Investor holds any Shares, neither Investor nor any of its Affiliates will engage in or effect, directly or indirectly, any Short Sale of Common Stock. For the avoidance of doubt, selling against delivery of Conversion Shares after delivery of a Conversion Notice is not a Short Sale. There will be no restriction or limitation of any kind on Investor’s right or ability to sell or transfer any or all of the Conversion Shares at any time, in its sole and absolute discretion. Investor may not sell, transfer or assign any Preferred Shares or any of its rights under this Agreement.

Appears in 7 contracts

Samples: Stock Purchase Agreement (Camber Energy, Inc.), Stock Purchase Agreement (Camber Energy, Inc.), Stock Purchase Agreement (Camber Energy, Inc.)

AutoNDA by SimpleDocs

No Shorting. Provided no Trigger Event has occurred, for For so long as Investor holds the Note is outstanding in any Sharesamount, neither Investor nor any of its Affiliates will engage in or effect, directly or indirectly, any Short Sale of Common Stock. For the avoidance of doubt, Investor selling against delivery of Conversion Shares after delivery of Investor has delivered a Conversion Delivery Notice to Company is not a Short Sale. There will be no restriction or limitation of any kind on Investor’s right or ability to sell or transfer any or all of the Conversion Shares at any time, in its sole and absolute discretion. Investor may not sell, transfer or assign any Preferred Shares the Note, the Warrant or any of its rights under this Agreement.

Appears in 2 contracts

Samples: Note Purchase Agreement (Inception Mining Inc.), Note Purchase Agreement (Inception Mining Inc.)

No Shorting. Provided no Trigger Event has occurred, for For so long as Investor holds any SharesSecurities, neither Investor nor any of its Affiliates will engage in or effect, directly or indirectly, any Short Sale of Common Stock. For the avoidance of doubt, selling against delivery of Conversion Shares after delivery of a Conversion Notice is not a Short Sale. There will be no restriction or limitation of any kind on Investor’s right or ability to sell or transfer any or all of the Conversion Shares at any time, in its sole and absolute discretion. Investor may not sell, transfer or assign any Preferred Shares the Debenture or any of its rights under this Agreement.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Gopher Protocol Inc.), Securities Purchase Agreement (Immune Pharmaceuticals Inc)

No Shorting. Provided no Trigger Event has occurred, for For so long as Investor holds any Shares, neither Investor nor any of its Affiliates will not engage in or effect, directly or indirectly, any Short Sale of Common Stock. For the avoidance of doubt, selling against delivery of Conversion Shares after delivery of a Conversion Notice is not a Short Sale. There will be no restriction or limitation of any kind on Investor’s right or ability to sell or transfer any or all of the Conversion Shares at any time, in its sole and absolute discretion. Investor may not sell, transfer or assign any Preferred Shares or any of its rights under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Camber Energy, Inc.)

No Shorting. Provided no Trigger Event has occurred, for For so long as Investor holds any SharesSecurities, neither Investor nor any of its Affiliates will engage in or effect, directly or indirectly, any Short Sale of Common Stock. For the avoidance of doubt, selling against delivery of Conversion Shares after delivery of a Conversion Notice is not a Short Sale. There will be no restriction or limitation of any kind on Investor’s right or ability to sell or transfer any or all of the Conversion Shares at any time, in its sole and absolute discretion. Investor may not sell, transfer or assign any the Preferred Shares or any of its rights under this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cemtrex Inc)

No Shorting. Provided no Trigger Event has occurred, for For so long as Investor holds any Note, Common Stock and Conversion Shares, neither Investor nor any of its Affiliates will engage in or effect, directly or indirectly, any Short Sale of Common Stock. For the avoidance of doubt, Investor selling against delivery of Conversion Shares after delivery of Investor has delivered a Conversion Notice to Company is not a Short Sale. There will be no restriction or limitation of any kind on Investor’s right or ability to sell or transfer any or all of the Conversion Shares at any time, in its sole and absolute discretion. Investor may not sell, transfer or assign any Preferred Shares the Note or any of its rights under this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Generex Biotechnology Corp)

AutoNDA by SimpleDocs

No Shorting. Provided no Trigger Event has occurred, for For so long as Investor holds any Shares, neither Investor nor any of its Affiliates will not engage in or effect, directly or indirectly, any Short Sale of Common Stock. For the avoidance of doubt, selling against delivery of Conversion Shares after delivery of a Conversion Notice is not a Short Sale. There will be no restriction or limitation of any kind on Investor’s right or ability to sell or transfer any or all of the Conversion Shares at any time, in its sole and absolute discretion. Investor may not sell, transfer or assign any Preferred Shares or any of its rights under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Camber Energy, Inc.)

No Shorting. Provided no Trigger Event has occurred, for For so long as Investor holds any SharesSecurities, neither Investor nor any of its Affiliates will engage in or effect, directly or indirectly, any Short Sale of Common Stock. For the avoidance of doubt, Investor selling against delivery of Conversion Shares after delivery of Investor has delivered a Conversion Notice to Company is not a Short Sale. There will be no restriction or limitation of any kind on Investor’s right or ability to sell or transfer any or all of the Conversion Shares at any time, in its sole and absolute discretion. Investor may not sell, transfer or assign any Preferred Shares the Debenture or any of its rights under this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cleanspark, Inc.)

No Shorting. Provided no Trigger Event has occurred, for For so long as Investor holds any SharesSecurities, neither Investor nor any of its Affiliates will engage in or effect, directly or indirectly, any Short Sale of Common Stock. For the avoidance of doubt, Investor selling against delivery of Conversion Shares after delivery of Investor has delivered a Conversion Notice to Company is not a Short Sale. There will be no restriction or limitation of any kind on Investor’s right or ability to sell or transfer any or all of the Conversion Shares at any time, in its sole and absolute discretion. Investor may not sell, transfer or assign any Preferred Shares the Note or any of its rights under this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Cleanspark, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.