Restriction on Short Sales. Purchaser represents and warrants to and covenants with the Company that Purchaser has not engaged and will not engage in any short sales of the Company's Common Stock prior to the effectiveness of the Registration Statement, except to the extent that any such short sale is fully covered by shares of Common Stock of the Company other than the Shares.
Appears in 11 contracts
Samples: Common Stock Purchase Agreement (Aradigm Corp), Common Stock Purchase Agreement (Bb Biotech Ag), Common Stock Purchase Agreement (Aviron)
Restriction on Short Sales. Purchaser represents and warrants to and covenants with the Company that Purchaser has not engaged and will not engage in any short sales of the Company's Common Stock prior to the effectiveness of a registration statement registering the Registration Statementresale of the Shares, except to the extent that any such short sale is fully covered by shares of Common Stock of the Company other than the Shares.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Molecular Biosystems Inc)
Restriction on Short Sales. Purchaser represents and warrants to and covenants with the Company that Purchaser has not engaged and will not engage in any short sales sale of the Company's Common Stock prior to the earlier to occur of (i) the date which is 90 days following the Closing Date and (ii) the effectiveness of the Shelf Registration Statement, except to the extent that any such short sale is fully covered by shares of Common Stock of the Company other than the Shares(as defined below).
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