Common use of No Trading Clause in Contracts

No Trading. Each of the Company and Shareholders’ Representative 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 Shareholders’ Representative xxxxxx agrees that, while it is in possession of such material nonpublic information of the Purchaser, it shall not purchase or sell any securities of the Purchaser in violation of such Laws, communicate such information to any third party without the consent of the Purchaser, take any other action with respect to the Purchaser in violation of such Laws, or cause or encourage any third party to do any of the foregoing.

Appears in 3 contracts

Samples: Merger Agreement (Oak Woods Acquisition Corp), Merger Agreement (Oak Woods Acquisition Corp), Merger Agreement (Oak Woods Acquisition Corp)

AutoNDA by SimpleDocs

No Trading. Each of the Company and Shareholders’ Representative 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 Shareholders’ Representative xxxxxx hereby agrees that, while it is in possession of such material nonpublic information of the Purchaser, it shall not purchase or sell any securities of the Purchaser in violation of such Laws, communicate such information to any third party without the consent of the Purchaser, take any other action with respect to the Purchaser in violation of such Laws, or cause or encourage any third party to do any of the foregoing.

Appears in 2 contracts

Samples: Merger Agreement (GreenVision Acquisition Corp.), Merger Agreement (GreenVision Acquisition Corp.)

No Trading. Each of the The Company and Shareholders’ Representative acknowledges and agrees that it is aware, and that its the Company’s Affiliates are aware (and to the Knowledge of the Company each of their respective representatives 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 The Company and Shareholders’ Representative xxxxxx hereby agrees that, while it is in possession of such material nonpublic information of the Purchaserinformation, it shall not purchase or sell any securities of the Purchaser (other than to engage in violation of such Lawsthe Merger in accordance with Article I), communicate such information to any third party without the consent of the Purchaserparty, take any other action with respect to the Purchaser in violation of such Laws, or cause or encourage any third party to do any of the foregoingforegoing except as provided in this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alberton Acquisition Corp)

No Trading. Each of the Company , the Company Shareholders and Shareholders’ the Company Representative acknowledges and agrees that it is aware, and that its the their respective Affiliates are aware (and each of their respective representatives 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 Shareholders and Shareholders’ the Company Representative xxxxxx each hereby agrees that, while it is in possession of such material nonpublic information of the Purchaserinformation, it shall not purchase or sell any securities of Purchaser (other than pursuant to the Purchaser in violation of such LawsTransactions), communicate such information to any third party without the consent of the Purchaserparty, take any other action with respect to the Purchaser in violation of such Laws, or cause or encourage any third party to do any of the foregoing.

Appears in 1 contract

Samples: Bid Implementation and Business Combination Agreement (Canna-Global Acquisition Corp)

AutoNDA by SimpleDocs

No Trading. Each of the The Company and Shareholders’ Representative acknowledges the Major Shareholders each acknowledge and agrees agree that it is aware, and that its their respective Affiliates are aware (and each of their respective representatives 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 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, and the Company and Shareholders’ Representative xxxxxx agrees that, while it is in possession of such material nonpublic information of the Purchaser, Major Shareholders each hereby agree that it shall not purchase or sell any securities of the Purchaser in violation of such LawsPurchaser, communicate such information to any third party without the consent of the PurchaserPerson who is not a Party, take any other action with respect to the Purchaser in violation of such Laws, or cause or encourage any third party Person to do any of the foregoing. The Purchaser agrees that it shall not purchase or sell any Company Securities in violation of Law or cause or encourage any Person to do any of the foregoing.

Appears in 1 contract

Samples: Business Combination Agreement (Alussa Energy Acquisition Corp.)

No Trading. Each of the Company, Company Subsidiary and Shareholders’ Representative 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 PurchaserParent, 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, Company Subsidiary and Shareholders’ Representative xxxxxx hereby agrees that, while it is in possession of such material nonpublic information of the PurchaserParent, it shall not purchase or sell any securities of the Purchaser Parent in violation of such Laws, communicate such information to any third party without the consent of the PurchaserParent, take any other action with respect to the Purchaser Parent in violation of such Laws, or cause or encourage any third party to do any of the foregoing.

Appears in 1 contract

Samples: Merger Agreement (Mana Capital Acquisition Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!