Common use of Restrictions on Acquisitions Clause in Contracts

Restrictions on Acquisitions. During the one (1) year following the Closing Date, without the prior consent of the Representatives, the Company shall not enter into any agreement to acquire any other business or the assets of any other business. The term "acquire" shall be broadly construed and shall include the acquisition of assets, the merger with or into another corporation or entity, whether directly by the Company or through a subsidiary, or the acquisition of stock or other equity interests, however defined, of another corporation, partnership, limited liability company, business trust, sole proprietorship or other entity of any kind or description.

Restrictions on Acquisitions. During the one (1) year following the Closing Date, without the prior consent of the RepresentativesUnderwriter, the Company shall not enter into any agreement to acquire any other business or the assets of any other business. The term "acquire" shall be broadly construed and shall include the acquisition of assets, the merger with or into another corporation or entity, whether directly by the Company or through a subsidiary, or the acquisition of stock or other equity interests, however defined, of another corporation, partnership, limited liability company, business trust, sole proprietorship or other entity of any kind or description.