Common use of Prohibition of Short Sales Clause in Contracts

Prohibition of Short Sales. Prior to the termination of this Offering, each Purchaser shall not effect any “short sale” of the Company’s common stock. Each Purchaser acknowledges and agrees that, in the event of an actual or threatened breach of any of the provisions of this Agreement by such party, the harm to the others will be immediate, substantial and irreparable and the monetary damages will be inadequate. Accordingly, each Purchaser agrees that, in such event, the others will be entitled to equitable relief, including an injunction and an order of specific performance, in addition to any and all other remedies at law or in equity.

Appears in 2 contracts

Samples: Subscription Agreement (Neutron Enterprises Inc), Subscription Agreement (Neutron Enterprises Inc)

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Prohibition of Short Sales. Prior to the termination of this OfferingEffective Date, each Purchaser shall not effect any “short sale” of the Company’s common stock. Each Purchaser acknowledges and agrees that, in the event of an actual or threatened breach of any of the provisions of this Agreement by such party, the harm to the others will be immediate, substantial and irreparable and the monetary damages will be inadequate. Accordingly, each Purchaser agrees that, in such event, the others will be entitled to equitable relief, including an injunction and an order of specific performance, in addition to any and all other remedies at law or in equity.

Appears in 1 contract

Samples: Subscription Agreement (Neutron Enterprises Inc)

Prohibition of Short Sales. Prior to the termination of this Offering, each Each Purchaser agrees that it shall not directly and/or indirectly effect any "short sale" of the Company’s common stockCommon Stock. Each Purchaser acknowledges and agrees that, in the event of an actual or threatened breach of any of the provisions of this Agreement by such party, the harm to the others will be immediate, substantial and irreparable and the monetary damages will be inadequate. Accordingly, each Purchaser agrees that, in such event, the others will be entitled to equitable relief, including an injunction and an order of specific performance, in addition to any and all other remedies at oat law or in equity.

Appears in 1 contract

Samples: Securities Purchase Agreement (Pacific Cma Inc)

Prohibition of Short Sales. Prior to Until the termination of this Offeringthe transfer restrictions, each Purchaser shall not effect any “short sale” of the Company’s common stock. Each Purchaser acknowledges and agrees that, in the event of an actual or threatened breach of any of the provisions of this Agreement by such party, the harm to the others will be immediate, substantial and irreparable and the monetary damages will be inadequate. Accordingly, each Purchaser agrees that, in such event, the others will be entitled to equitable relief, including an injunction and an order of specific performance, in addition to any and all other remedies at law or in equity.

Appears in 1 contract

Samples: Securities Purchase Agreement (Neutron Enterprises Inc)

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Prohibition of Short Sales. Prior to the termination of this OfferingEffective Date, each Purchaser shall not effect any "short sale" of the Company’s 's common stock. Each Purchaser acknowledges and agrees that, in the event of an actual or threatened breach of any of the provisions of this Agreement by such party, the harm to the others will be immediate, substantial and irreparable and the monetary damages will be inadequate. Accordingly, each Purchaser agrees that, in such event, the others will be entitled to equitable relief, including an injunction and an order of specific performance, in addition to any and all other remedies at law or in equity.

Appears in 1 contract

Samples: Securities Purchase Agreement (DDS Technologies Usa Inc)

Prohibition of Short Sales. Prior to the termination of this OfferingEffective Date, each Purchaser shall not effect any "short sale" of the Company’s 's common stock. Each Purchaser acknowledges and agrees that, in the event of an actual or threatened breach of any of the provisions of this Agreement by such party, the harm to the others will be immediate, substantial and irreparable and the monetary damages will be inadequate. Accordingly, each Purchaser agrees that, in such event, the others will be entitled to equitable relief, including an injunction and an order of specific performance, in addition to any and all other remedies at oat law or in equity.

Appears in 1 contract

Samples: Securities Purchase Agreement (DDS Technologies Usa Inc)

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