Ownership of Company Securities. Prior to the Acceptance Time, Parent shall not, and shall cause each of its Subsidiaries not to, acquire (directly or indirectly, beneficially or of record) any additional Shares, or any securities, contracts or obligations convertible into or exercisable or exchangeable for Shares. None of Parent, Purchaser, or their respective Affiliates shall hold any rights to acquire any Company Common Stock except pursuant to this Agreement. Notwithstanding anything to the contrary contained herein, the prohibitions set forth in this Section 6.12 shall not apply to any investment in any securities of the Company by or on behalf of any pension or employee benefit plan or trust, including (a) any direct or indirect interests in portfolio securities held by an investment company registered under the Investment Company Act of 1940, as amended, or (b) interests in securities comprising part of a mutual fund or broad based, publicly traded market basket, or index of stocks approved for such a plan or trust in which such plan or trust invests and, in all cases, over which Parent, Purchaser, or their respective Subsidiaries exercise no investment discretion and provided such beneficial ownership does not result in an obligation by Parent, Purchaser, or their respective Subsidiaries to file or amend a Schedule 13D pursuant to the Exchange Act.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Provention Bio, Inc.)
Ownership of Company Securities. Prior to the Acceptance Effective Time, Parent shall not, and shall cause each of its Subsidiaries not toto not, acquire (directly or indirectly, beneficially or of record) any additional SharesCompany Common Stock, or any securities, contracts or obligations convertible into or exercisable or exchangeable for Sharesshares of Company Common Stock. None of Parent, Purchaser, Merger Sub or their respective Affiliates shall hold any rights to acquire any Company Common Stock except pursuant to this Agreement. Notwithstanding anything to the contrary contained herein, the prohibitions set forth in this Section 6.12 5.13 shall not apply to any investment in any securities of the Company by or on behalf of any pension or employee benefit plan or trust, including (a) any direct or indirect interests in portfolio securities held by an investment company registered under the Investment Company Act of 1940, as amended, or (b) interests in securities comprising part of a mutual fund or broad based, publicly traded market basket, or index of stocks approved for such a plan or trust in which such plan or trust invests and, in all cases, over which Parent, Purchaser, Merger Sub or their respective Subsidiaries exercise no investment discretion and provided such beneficial ownership does not result in an obligation by Parent, Purchaser, Merger Sub or their respective Subsidiaries to file or amend a Schedule 13D pursuant to the Exchange Act.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Circor International Inc)
Ownership of Company Securities. Prior to the Acceptance Effective Time, Parent shall not, and shall cause each of its Subsidiaries not toand Affiliates under common control to not, acquire (directly or indirectly, beneficially or of record) any additional Shares, or any securities, contracts or obligations convertible into or exercisable or exchangeable for Shares. None of Parent, PurchaserMerger Sub, or their respective Affiliates shall hold any rights to acquire any Company Common Stock Shares except pursuant to this Agreement. Notwithstanding anything to the contrary contained herein, the prohibitions set forth in this Section 6.12 5.12 shall not apply to any investment in any securities of the Company by or on behalf of any pension or employee benefit plan or trust, including (a) any direct or indirect interests in portfolio securities held by an investment company registered under the Investment Company Act of 1940, as amended, or (b) interests in securities comprising part of a mutual fund or broad based, publicly traded market basket, or index of stocks approved for such a plan or trust in which such plan or trust invests and, in all cases, over which Parent, PurchaserMerger Sub, or their respective Subsidiaries exercise no investment discretion and provided such beneficial ownership does not result in an obligation by Parent, PurchaserMerger Sub, or their respective Subsidiaries to file or amend a Schedule 13D pursuant to the Exchange Act.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Paratek Pharmaceuticals, Inc.)
Ownership of Company Securities. Prior to the Acceptance Time, none of Parent shall not, and shall cause each of its or Purchaser or their respective Subsidiaries not to, acquire will own (directly or indirectly, beneficially or of record) any additional SharesCompany Securities, or any securities, contracts or obligations convertible into or exercisable or exchangeable for Shares. None and none of Parent, Purchaser, Purchaser or their respective Affiliates shall will hold any rights to acquire any Company Common Stock Securities except pursuant to this Agreement. Notwithstanding anything to the contrary contained herein, the prohibitions set forth in this Section 6.12 6.15 shall not apply to (i) any investment in any securities of the Company by or on behalf of any pension or employee benefit plan or trust, including without limitation (a) any direct or indirect interests in portfolio securities held by an investment company registered under the Investment Company Act of 1940, as amended, or (b) interests in securities comprising part of a mutual fund or broad based, publicly traded market basket, basket or index of stocks approved for such a plan or trust in which such plan or trust invests and, in all cases, over which Parent, Purchaser, Purchaser or their respective Subsidiaries exercise no investment discretion and provided such beneficial ownership does not result in an obligation by Parent, Purchaser, Purchaser or their respective Subsidiaries to file or amend a Schedule 13D pursuant to the Exchange Act.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Cubist Pharmaceuticals Inc)
Ownership of Company Securities. Prior to the Acceptance Time, Parent shall will not, and shall will cause each of its Subsidiaries not toto not, acquire own (directly or indirectly, beneficially or of record) any additional SharesCompany Securities, or any securities, contracts or obligations convertible into or exercisable or exchangeable for Shares. None and none of Parent, Purchaser, Purchaser or their respective Affiliates shall will hold any rights to acquire any Company Common Stock Securities except pursuant to this Agreement. Notwithstanding anything to the contrary contained herein, the prohibitions set forth in this Section 6.12 shall will not apply to any investment in any securities of the Company by or on behalf of any pension or employee benefit plan or trust, including (a) any direct or indirect interests in portfolio securities held by an investment company registered under the Investment Company Act of 1940, as amended, or (b) interests in securities comprising part of a mutual fund or broad based, publicly traded market basket, or index of stocks approved for such a plan or trust in which such plan or trust invests and, in all cases, over which Parent, Purchaser, Purchaser or their respective Subsidiaries exercise no investment discretion and provided such beneficial ownership does not result in an obligation by Parent, Purchaser, Purchaser or their respective Subsidiaries to file or amend a Schedule 13D pursuant to the Exchange Act.
Appears in 1 contract
Samples: Agreement and Plan of Merger (G1 Therapeutics, Inc.)
Ownership of Company Securities. Prior to the Acceptance Effective Time, Parent shall not, and shall cause each of its Subsidiaries not toto not, acquire (directly or indirectly, beneficially or of record) any additional Shares, or any securities, contracts or obligations convertible into or exercisable or exchangeable for Shares. None of Parent, Purchaser, or their respective Affiliates shall hold any rights to acquire any Company Common Stock Shares except pursuant to this Agreement. Notwithstanding anything to the contrary contained herein, the prohibitions set forth in this Section 6.12 5.11 shall not apply to any investment in any securities of the Company by or on behalf of any pension or employee benefit plan or trust, including (a) any direct or indirect interests in portfolio securities held by an investment company registered under the Investment Company Act of 1940, as amended, or (b) interests in securities comprising part of a mutual fund or broad based, publicly traded market basket, or index of stocks approved for such a plan or trust in which such plan or trust invests and, in all cases, over which Parent, Purchaser, or their respective Subsidiaries exercise no investment discretion and provided such beneficial ownership does not result in an obligation by Parent, Purchaser, or their respective Subsidiaries to file or amend a Schedule 13D pursuant to the Exchange Act.
Appears in 1 contract
Ownership of Company Securities. Prior to the Acceptance Effective Time, Parent shall will not, and shall will cause each of its Subsidiaries not toto not, acquire own (directly or indirectly, beneficially or of record) any additional SharesCompany Securities, or any securities, contracts or obligations convertible into or exercisable or exchangeable for Shares. None and none of Parent, Purchaser, or their respective Affiliates shall will hold any rights to acquire any Company Common Stock Securities except pursuant to this Agreement. Notwithstanding anything to the contrary contained herein, the prohibitions set forth in this Section 6.12 shall 5.11 will not apply to any investment in any securities of the Company by or on behalf of any pension or employee benefit plan or trust, including (a) any direct or indirect interests in portfolio securities held by an investment company registered under the Investment Company Act of 1940, as amended, or (b) interests in securities comprising part of a mutual fund or broad based, publicly traded market basket, or index of stocks approved for such a plan or trust in which such plan or trust invests and, in all cases, over which Parent, Purchaser, or their respective Subsidiaries exercise no investment discretion and provided such beneficial ownership does not result in an obligation by Parent, Purchaser, or their respective Subsidiaries to file or amend a Schedule 13D pursuant to the Exchange Act.
Appears in 1 contract
Ownership of Company Securities. Prior to the Acceptance Time, Parent shall not, and shall cause each of its Subsidiaries not toto not, acquire (directly or indirectly, beneficially or of record) any additional SharesCompany Common Stock, or any securities, contracts or obligations convertible into or exercisable or exchangeable for Sharesshares of Company Common Stock. None of Parent, Purchaser, or their respective Affiliates shall hold any rights to acquire any Company Common Stock except pursuant to this Agreement. Notwithstanding anything to the contrary contained herein, the prohibitions set forth in this Section 6.12 shall not apply to any investment in any securities of the Company by or on behalf of any pension or employee benefit plan or trust, including (a) any direct or indirect interests in portfolio securities held by an investment company registered under the Investment Company Act of 1940, as amended, or (b) interests in securities comprising part of a mutual fund or broad based, publicly traded market basket, or index of stocks approved for such a plan or trust in which such plan or trust invests and, in all cases, over which Parent, Purchaser, or their respective Subsidiaries exercise no investment discretion and provided such beneficial ownership does not result in an obligation by Parent, Purchaser, or their respective Subsidiaries to file or amend a Schedule 13D pursuant to the Exchange Act.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Acceleron Pharma Inc)