Common use of No SPAC Common Stock Transactions Clause in Contracts

No SPAC Common Stock Transactions. The Company acknowledges and agrees that it is aware, and that its Representatives are aware or, upon receipt of any material nonpublic information, will be advised of the restrictions imposed by Securities Laws on a Person possessing material nonpublic information about a publicly traded company. The Company hereby agrees that, while it is in possession of such material nonpublic information, it shall not and it will cause its Subsidiaries and direct its directors, officers and its and their respective Affiliates not to purchase or sell any securities of SPAC (other than engaging in the Transactions) or take any other action with respect to SPAC in violation of such Laws, or cause any third party to do any of the foregoing.

Appears in 2 contracts

Samples: Unit Purchase Agreement (Dune Acquisition Corp), Agreement and Plan of Merger (Dune Acquisition Corp)

AutoNDA by SimpleDocs

No SPAC Common Stock Transactions. The Company acknowledges and agrees that it is aware, and that its Representatives are aware or, upon receipt of any material nonpublic information, will be advised of the restrictions imposed by Securities Laws on a Person possessing material nonpublic information about a publicly traded company. The Company hereby agrees that, while it is in possession of such material nonpublic information, it shall not and it will cause its Subsidiaries and direct its directors, officers and its Representatives and their respective Affiliates not to to, purchase or sell any securities of SPAC (other than engaging in the Transactions) or take any other action with respect to SPAC in violation of such Laws, or cause any third party to do any of the foregoing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (DTRT Health Acquisition Corp.)

AutoNDA by SimpleDocs

No SPAC Common Stock Transactions. The Company (a) SPAC acknowledges and agrees that it is aware, and that its Representatives are aware or, upon receipt of any material nonpublic information, will be advised of of, the restrictions imposed by Securities Laws on a Person possessing material nonpublic information about a publicly traded company. The Company SPAC hereby agrees that, while it is in possession of such material nonpublic information, it shall not and it will cause its Subsidiaries and direct its directors, officers and its Representatives and their respective Affiliates not to to, purchase or sell any securities of SPAC (other than engaging in the Transactions) or take any other action with respect to SPAC in violation of such Laws, or cause any third party to do any of the foregoing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (DTRT Health Acquisition Corp.)

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