Restrictions on Sales of Securities Sample Clauses

Restrictions on Sales of Securities. Each party is aware, and will advise its Representatives who are informed of the matters that are the subject of this Agreement, of the restrictions imposed by the United States securities laws on the purchase or sale of securities by any person who has received material, non-public information from the issuer of such securities and on the communication of such information to any other person when it is reasonably foreseeable that such other person is likely to purchase or sell such securities in reliance upon such information. However, this will not prevent Receiving Party from purchasing stock through its benefit plans in the ordinary course of business.

Restrictions on Sales of Securities. Such Buyer has not and will not, prior to the earlier of (i) 90 days following the Closing Date or (ii) the date that the Registration Statement (as defined in the Registration Rights Agreement) required to be filed pursuant to Section 2(a) of the Registration Rights Agreement is first declared effective by the SEC (the "EFFECTIVE DATE"), when the trading price of the Common Stock is less than $9.00 per share, if then prohibited by law or regulation, sell, dispose of, or grant any rights with respect to (collectively, a "DISPOSITION"), the Shares or Warrant Shares, nor will such Buyer engage in any hedging or other transaction which is designed to result in a Disposition of Shares or Warrant Shares by such Buyer prior to such date. In addition, such Buyer represents that as of the date of this Agreement such Buyer does not have any existing short position in the Common Stock that was entered into subsequent to such Buyer obtaining knowledge of the transactions contemplated hereby nor has such Buyer executed any derivative instruments with any third party, which in either case is designed to dispose of the Shares or Warrant Shares prior to the earlier of (i) 90 days following the Closing Date or (ii) the Effective Date.

Restrictions on Sales of Securities. Each Buyer has not and will not, prior to the earlier of (i) ninety (90) days following the Closing Date or (ii) the date that the Registration Statement (as defined in the Registration Rights Agreement) is first declared effective by the SEC (the "Effective Date"), if then prohibited by law or regulation, sell, dispose of or grant any rights with respect to the Common Stock or Warrant Shares. In addition, such Buyer represents that as of the date of this Agreement such Buyer does not have any existing short position in the Company's common stock that was entered into subsequent to such Buyer obtaining knowledge of the transactions contemplated hereby nor has such Buyer executed any derivative instruments with any third party, which in either case is designed to dispose of the Common Stock or Warrant Shares prior to the earlier of (y) ninety (90) days following the Closing Date or (z) the Effective Date.

Restrictions on Sales of Securities. During a period of 180 days from the date of the Prospectus, each holder of options to purchase Common Stock will, pursuant to the terms of such options, be prohibited from directly or indirectly selling, making any short sale of, loaning, pledging, offering, granting or selling any option or other contract for the purchase of, purchasing any option or other contract for the sale of, or otherwise disposing of or transferring, or agreeing to engage in any of the foregoing transactions with respect to, any shares of Common Stock issuable upon the exercise of such options without the prior written consent of the Company or Credit Suisse First Boston Corporation.

Restrictions on Sales of Securities. Except as contemplated by the Registration Rights Agreement, during the Lock-Up Period the Company agrees (i) not to effect any offering, issuance, distribution, sale or disposition of any equity securities of the Company or any Subsidiary or any securities convertible into or exchangeable or exercisable for equity securities of the Company or any Subsidiary and (ii) not to register under the Securities Act any shares of equity securities of the Company or any Subsidiary or securities convertible into or exchangeable or exercisable for equity securities of the Company or any Subsidiary (except, with respect to the Company, pursuant to a registration on Form S-8 or any successor thereto).