Common use of Restriction on Certain Transactions Clause in Contracts

Restriction on Certain Transactions. From and after the date hereof until the expiration of the Lock-Up Period, each Stockholder hereby covenants and agrees that such Stockholder shall not, directly or indirectly, enter into any transaction with respect to the Common Stock or Preferred Stock designed to reduce its risk relative to its position as a holder of Common Stock or Preferred Stock.

Appears in 1 contract

Samples: Acquisition Agreement (NRG Energy, Inc.)

AutoNDA by SimpleDocs

Restriction on Certain Transactions. From and after the date hereof until the expiration of the Lock-Up Period, each the Stockholder hereby covenants and agrees that such Stockholder shall not, directly or indirectly, enter into any transaction with respect to the Common Stock or Preferred Stock held by the Stockholder designed to reduce its risk relative to its position as a holder of Common Stock or Preferred Stock, without the Company’s written consent.

Appears in 1 contract

Samples: Shareholders Agreement (ITC Holdings Corp.)

Restriction on Certain Transactions. From and after the date hereof until the expiration of the Lock-Up Period, each Stockholder hereby covenants and agrees that such Stockholder shall not, directly or indirectly, enter into any transaction with respect to the Common Stock or Preferred Stock designed to reduce its risk relative to its position as a holder of Common Stock or Preferred Stock, without the Company’s written consent.

Appears in 1 contract

Samples: Investor Rights Agreement (NRG Energy, Inc.)

AutoNDA by SimpleDocs

Restriction on Certain Transactions. From and after the date hereof until the expiration of the Lock-Up Period, each the Stockholder hereby covenants and agrees that such Stockholder shall not, directly or indirectly, enter into any transaction with respect to the Common Stock or Preferred Stock held by the Stockholder designed to reduce its risk relative to its position as a holder of Common Stock or Preferred Stock, without the Company's written consent.

Appears in 1 contract

Samples: Purchase Agreement (ITC Holdings Corp.)

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