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Common use of No Trading Clause in Contracts

No Trading. Each of the Company and the Purchaser acknowledges and agrees that it is aware, and that its Affiliates are aware (and each of their respective Representatives is aware or, upon receipt of any material nonpublic information of the Purchaser, will be advised) of the restrictions imposed by U.S. federal securities laws and the rules and regulations of the SEC and Nasdaq promulgated thereunder or otherwise (the “Federal Securities Laws”) and other applicable foreign and domestic Laws on a Person possessing material nonpublic information about a publicly traded company. Each of the Company and the Purchaser hereby agrees that, while it is in possession of such material nonpublic information, it shall not purchase or sell any securities of the other (other than to engage in the Merger in accordance with Article I), communicate such information to any third party, take any other action with respect to the other Party in violation of such Laws, or cause or encourage any third party to do any of the foregoing.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (MICT, Inc.), Merger Agreement (MICT, Inc.), Merger Agreement (Tingo, Inc.)

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No Trading. Each of the Company The Company, Pubco, Merger Sub and the Purchaser acknowledges Sellers each acknowledge and agrees agree that it is aware, and that its their respective Affiliates are aware (and each of their respective Representatives is aware or, upon receipt of any material nonpublic information of the Purchaser, will be advised) of the restrictions imposed by U.S. federal securities laws and the rules and regulations of the SEC and Nasdaq promulgated thereunder or otherwise (the “Federal Securities Laws”) and other applicable foreign and domestic Laws on a Person possessing material nonpublic information about a publicly traded company. Each of the Company The Company, Pubco, Merger Sub and the Purchaser Sellers each hereby agrees agree that, while it is in possession of such material nonpublic information, it shall not purchase or sell any securities of the other (other than to engage in the Merger in accordance with Article I)Purchaser, communicate such information to any third party, take any other action with respect to the other Party Purchaser in violation of such Laws, or cause or encourage any third party to do any of the foregoing.

Appears in 5 contracts

Samples: Business Combination Agreement (Hainan Manaslu Acquisition Corp.), Business Combination Agreement (Evo Acquisition Corp), Business Combination Agreement (Twelve Seas Investment Co)

No Trading. Each of the Company The Company, Pubco and the Purchaser acknowledges Merger Subs each acknowledge and agrees agree that it is aware, and that its their respective Affiliates are aware (and each of their respective Representatives is aware or, upon receipt of any material nonpublic information of the PurchaserSPAC, will be advised) of the restrictions imposed by U.S. federal securities laws and the rules and regulations of the SEC and Nasdaq the NYSE promulgated thereunder or otherwise (the “Federal Securities Laws”) and other applicable foreign and domestic Laws on a Person possessing material nonpublic information about a publicly traded company. Each of the Company The Company, Pubco and the Purchaser Merger Subs each hereby agrees agree that, while it is in possession of such material nonpublic information, it shall not purchase or sell any securities of the other (other than to engage in the Merger in accordance with Article I)SPAC, communicate such information to any third party, take any other action with respect to the other Party SPAC in violation of such Laws, or cause or encourage any third party to do any of the foregoing.

Appears in 2 contracts

Samples: Business Combination Agreement (Two), Business Combination Agreement (Two)

No Trading. Each of The Company, Pubco, Merger Sub and the Company Shareholders each acknowledge and the Purchaser acknowledges and agrees agree that it is aware, and that its their respective Affiliates are aware (and each of their respective Representatives is aware or, upon receipt of any material nonpublic non-public information of the Purchaser, will be advised) ), of the restrictions imposed by U.S. federal securities laws and the rules and regulations of the SEC and Nasdaq NYSE promulgated thereunder or otherwise (the “Federal U.S. Securities Laws”) and other applicable foreign and domestic Laws on a Person possessing material nonpublic non-public information about a publicly traded company. Each of the Company Company, Pubco and the Purchaser Company Shareholders hereby agrees that, while it is in possession of such material nonpublic non-public information, it shall not purchase or sell any securities of the other (other than to engage in the Merger in accordance with Article I)Purchaser, communicate such information to any third party, take any other action with respect to the other Party Purchaser in violation of such Laws, or cause or encourage any third party to do any of the foregoing.

Appears in 2 contracts

Samples: Business Combination Agreement (Vertical Aerospace Ltd.), Business Combination Agreement (Broadstone Acquisition Corp.)

No Trading. Each of the Company The Company, Pubco, First Merger Sub and the Purchaser Second Merger Sub each acknowledges and agrees that it is aware, and that its the Company’s Affiliates are aware (and each of their respective Representatives is aware or, upon receipt of any material nonpublic information of the Purchaser, will be advised) of the restrictions imposed by U.S. federal securities laws and the rules and regulations of the SEC and Nasdaq promulgated thereunder or otherwise (the “Federal Securities Laws”) and other applicable foreign and domestic Laws on a Person possessing material nonpublic information about a publicly traded company. Each of the Company The Company, Pubco, First Merger Sub and the Purchaser Second Merger Sub each hereby agrees agree that, while it is in possession of such any material nonpublic informationinformation of Purchaser, it shall not purchase or sell any securities of the other Purchaser (other than to engage in the Merger Mergers in accordance with Article I), communicate such information to any third party, take any other action with respect to the other Party Purchaser in violation of such Laws, Laws or cause or encourage any third party to do any of the foregoing.

Appears in 1 contract

Samples: Business Combination Agreement (Finnovate Acquisition Corp.)

No Trading. Each of the Company The Company, Pubco, Merger Sub and the Purchaser acknowledges Seller each acknowledge and agrees agree that it is aware, and that its their respective Affiliates are aware (and each of their respective Representatives is aware or, upon receipt of any material nonpublic information of the Purchaser, will be advised) of the restrictions imposed by U.S. federal securities laws and the rules and regulations of the SEC and Nasdaq promulgated thereunder or otherwise (the “Federal Securities Laws”) and other applicable foreign and domestic Laws on a Person possessing material nonpublic information about a publicly traded company. Each of the Company The Company, Pubco and Merger Sub and the Purchaser Seller each hereby agrees agree that, while it is in possession of such material nonpublic information, it shall not purchase or sell any securities of the other (other than to engage in the Merger in accordance with Article I)Purchaser, communicate such information to any third party, take any other action with respect to the other Party Purchaser in violation of such Laws, or cause or encourage any third party to do any of the foregoing.

Appears in 1 contract

Samples: Business Combination Agreement (East Stone Acquisition Corp)

No Trading. Each of The Company, Pubco, the Company Seller Representative and the Purchaser acknowledges Merger Subs each acknowledge and agrees agree that it is aware, and that its their respective Affiliates are aware (and each of their respective Representatives is aware or, upon receipt of any material nonpublic information of the PurchaserSPAC, will be advised) of the restrictions imposed by U.S. federal securities laws and the rules and regulations of the SEC and Nasdaq promulgated thereunder or otherwise (the “Federal Securities Laws”) and other applicable foreign and domestic Laws on a Person possessing material nonpublic information about a publicly traded company. Each of The Company, Pubco, the Company Seller Representative and the Purchaser Merger Subs each hereby agrees agree that, while it is in possession of such material nonpublic information, it shall not purchase or sell any securities of the other (other than to engage in the Merger in accordance with Article I)SPAC, communicate such information to any third party, take any other action with respect to the other Party SPAC in violation of such Laws, or cause or encourage any third party to do any of the foregoing.

Appears in 1 contract

Samples: Business Combination Agreement (Capitalworks Emerging Markets Acquisition Corp)

No Trading. Each of the Company The Seller and the Purchaser acknowledges Seller Merger Sub each acknowledge and agrees agree that it is aware, and that its their respective Affiliates are aware (and each of their respective Representatives is aware or, upon receipt of any material nonpublic information of the Purchaser, will be advised) of the restrictions imposed by U.S. federal securities laws and the rules and regulations of the SEC and Nasdaq promulgated thereunder or otherwise (the “Federal Securities Laws”) and Laws”)and other applicable foreign and domestic Laws on a Person possessing material nonpublic information about a publicly traded company. Each of the Company The Seller and the Purchaser Seller Merger Sub each hereby agrees agree that, while it is in possession of such material nonpublic information, it shall not purchase or sell any securities of the other Purchaser (other than to engage in the Merger in accordance with Article Ithis Agreement), communicate such information to any third party, take any other action with respect to the other Party Purchaser in violation of such Laws, or cause or encourage any third party to do any of the foregoing.

Appears in 1 contract

Samples: Business Combination Agreement (Quadro Acquisition One Corp.)

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No Trading. Each of the Company The Company, Pubco and the Purchaser acknowledges Merger Subs each acknowledge and agrees agree that it is aware, and that its their respective Affiliates are aware (and each of their respective Representatives is aware or, upon receipt of any material nonpublic information of the Purchaser, will be advised) of the restrictions imposed by U.S. federal securities laws and the rules and regulations of the SEC and Nasdaq NYSE promulgated thereunder or otherwise (the “Federal Securities Laws”) and other applicable foreign and domestic Laws on a Person possessing material nonpublic information about a publicly traded company. Each of the Company The Company, Pubco and the Purchaser Merger Subs each hereby agrees agree that, while it is in possession of such material nonpublic information, it shall not purchase or sell any securities of the other (other than to engage in the Merger in accordance with Article I)Purchaser, communicate such information to any third party, take any other action with respect to the other Party Purchaser in violation of such Laws, or cause or encourage any third party to do any of the foregoing.

Appears in 1 contract

Samples: Business Combination Agreement (Far Peak Acquisition Corp)

No Trading. Each of the Company The Company, Pubco, Merger Sub and the Purchaser acknowledges any Seller each acknowledge and agrees agree that it is aware, and that its their respective Affiliates are aware (and each of their respective Representatives is aware or, upon receipt of any material nonpublic information of the Purchaser, will be advised) of the restrictions imposed by U.S. federal securities laws and the rules and regulations of the SEC and Nasdaq promulgated thereunder or otherwise (the “Federal Securities Laws”) and other applicable foreign and domestic Laws on a Person possessing material nonpublic information about a publicly traded company. Each of the Company The Company, Pubco and the Purchaser hereby agrees thatMerger Sub and each Seller shall not, while it such Party is in possession of such material nonpublic information, it shall not purchase or sell any securities of the other (other than to engage in the Merger in accordance with Article I)Purchaser, communicate such information to any third party, take any other action with respect to the other Party Purchaser in violation of such Laws, or cause or encourage any third party to do any of the foregoing.

Appears in 1 contract

Samples: Business Combination Agreement (East Stone Acquisition Corp)

No Trading. Each of the Company The Company, Pubco and the Purchaser acknowledges Merger Sub each acknowledge and agrees agree that it is aware, and that its their respective Affiliates are aware (and each of their respective Representatives is aware or, upon receipt of any material nonpublic information of the Purchaser, will be advised) of the restrictions imposed by U.S. federal securities laws and the rules and regulations of the SEC and Nasdaq promulgated thereunder or otherwise (the “Federal Securities Laws”) and other applicable foreign and domestic Laws on a Person possessing material nonpublic information about a publicly traded company. Each of the Company The Company, Pubco and the Purchaser Merger Sub each hereby agrees agree that, while it is in possession of such material nonpublic information, it shall not purchase or sell any securities of the other (other than to engage in the Merger in accordance with Article I)Purchaser, communicate such information to any third party, take any other action with respect to the other Party Purchaser in violation of such Laws, or cause or encourage any third party to do any of the foregoing.

Appears in 1 contract

Samples: Business Combination Agreement (Tiberius Acquisition Corp)

No Trading. Each of the Company Company, Pubco, Merger Sub, the Sellers and the Purchaser acknowledges Seller Representative acknowledge and agrees agree that it is aware, and that its their respective Affiliates are aware (and each of their respective Representatives is aware or, upon receipt of any material nonpublic information of the Purchaser, will be advised) of the restrictions imposed by U.S. federal securities laws and the rules and regulations of the SEC and Nasdaq promulgated thereunder or otherwise (the “Federal Securities Laws”) and other applicable foreign and domestic Laws on a Person possessing material nonpublic information about a publicly traded company. Each of The Company, Pubco, Merger Sub, the Company Sellers and the Purchaser Seller Representative each hereby agrees agree that, while it is in possession of such material nonpublic information, it shall not purchase or sell any securities of the other Purchaser (other than pursuant to engage in the Merger in accordance with Article ITransactions), communicate such information to any third party, take any other action with respect to the other Party Purchaser in violation of such Laws, or cause or encourage any third party to do any of the foregoing.

Appears in 1 contract

Samples: Business Combination Agreement (Edoc Acquisition Corp.)

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