No Stabilisation. No Transaction Party will take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilisation or manipulation of the price of the Securities or take any action prohibited by Regulation M under the Exchange Act in connection with the distribution of the Securities contemplated hereby, provided, that no Transaction Party makes any covenant as to any actions which may be taken by the Underwriters. No Transaction Party shall issue, without the prior consent of the Lead Managers, any press or public announcement referring specifically to the proposed issue of, or the terms of, the Securities, unless such announcement adequately discloses (but only to the extent required by laws, regulators or guidelines (including the United Kingdom’s Financial Conduct Authority Handbook) applicable to the Transaction Parties, the Underwriter, or any other entity undertaking stabilisation in connection with the issue of the Securities) that stabilizing action may take place in relation to the Securities. Each Transaction Party authorizes the Underwriters to make any and all appropriate disclosures in relation to stabilisation.
No Stabilisation. The Issuer will not take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilisation or manipulation of the price of the Debt Securities or take any action prohibited by Regulation M under the Exchange Act in connection with the distribution of the Debt Securities contemplated hereby, provided, that the Issuer does not make any covenant as to any actions which may be taken by the Underwriters. The Issuer shall not issue, without the prior consent of the Lead Managers, any press or public announcement referring specifically to the proposed issue of, or the terms of, the Debt Securities, unless such announcement adequately discloses (but only to the extent required by laws, regulators or guidelines (including the United Kingdom’s Financial Conduct Authority Handbook) applicable to the Issuer, the Underwriter, or any other entity undertaking stabilisation in connection with the issue of the Debt Securities) that stabilizing action may take place in relation to the Debt Securities. The Issuer authorizes the Underwriters to make any and all appropriate disclosures in relation to stabilisation.
No Stabilisation. None of the Company, its affiliates or any person acting on its or their behalf (other than the Underwriters and their affiliates, as to whom the Company makes no warranty or representation) has taken, in each case, directly or indirectly, any action designed to cause or to result in, or that has constituted or which might reasonably be expected to cause or constitute, the stabilisation in violation of applicable laws or manipulation of the price of any security of the Company to facilitate the sale or re-sale of the Preemptive Rights or the New Shares.
No Stabilisation neither the Issuer nor any other person acting on its behalf or pursuant to its instructions or with its concurrence (other than the Global Co-ordinator) has effected or entered into, or will effect or enter into, any transactions (save as specified in this Agreement) or arrangements with respect to the Bonds and/or the Shares with a view to stabilising or maintaining the market price of the Bonds, except as may have been disclosed in the Offering Circular;
No Stabilisation neither the Guarantor nor Telecom Italia nor any of their respective subsidiaries or controlled associated companies or any other person acting on behalf of any such person or pursuant to its instructions or with its concurrence (other than the Global Co-ordinator) has effected or entered or will effect or enter into any transactions (save as specified in this Agreement) or arrangements with a view to stabilising or maintaining the market price of the Bonds and/or the Shares, except as may have been disclosed in the Offering Circular;
No Stabilisation. In connection with the Offering, no Underwriter shall effect transactions in any over-the-counter market or otherwise, with a view to stabilising the market price of the Company’s Shares at levels other than those which might otherwise prevail in the open market.
No Stabilisation none of the Issuer nor any of its Subsidiaries, nor any person acting on behalf of the Issuer or any such Subsidiary (other than the Stabilising Manager as to whom the Issuer does not make any representation) has taken, or will from the date thereof up to and including the date falling 30 days after the Closing Date take, directly or indirectly, any action designed to or which has constituted or which might reasonably be expected to cause or result in the stabilisation in violation of applicable laws or manipulation of the price of the Securities or any security to facilitate the sale or resale of the Securities, provided for the avoidance of doubt that this restriction shall not prohibit any broker acting on behalf of the Issuer's Employee Share Option Trust from purchasing Shares in accordance with the rules, and subject to the limits, of such trust's share buy-back programme.
