Common use of Selling Restrictions Clause in Contracts

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor is unconditionally obligated to purchase under any pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this Agreement.

Appears in 12 contracts

Samples: Common Stock Purchase Agreement (GCT Semiconductor Holding, Inc.), Common Stock Purchase Agreement (MultiSensor AI Holdings, Inc.), Common Stock Purchase Agreement (Spectral AI, Inc.)

AutoNDA by SimpleDocs

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending Fixed Purchase Notice, a pending VWAP Purchase Notice or any a pending Intraday Additional VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending Fixed Purchase Notice, such VWAP Purchase Notice and the Shares purchased pursuant to or such pending Intraday Additional VWAP Purchase Notice (as applicable) to the purchaser thereof promptly or the applicable Broker-Dealer upon the Investorsuch Restricted Person’s receipt of such Shares shares of Common Stock from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason pursuant to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this Agreement.

Appears in 10 contracts

Samples: Common Stock Purchase Agreement (Windtree Therapeutics Inc /De/), Common Stock Purchase Agreement (Enservco Corp), Common Stock Purchase Agreement (Aditxt, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the The Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none neither the Investor nor any of its affiliates (within the meaning of the InvestorExchange Act) nor any entity managed or controlled by the Investor shall, its sole memberdirectly or indirectly, sell any securities of the Company, except the Shares that it owns or has the right to purchase as provided in a Fixed Request Notice. During the Restricted Period, neither the Investor or any of their respective officersits affiliates nor any entity managed or controlled by the Investor shall sell any shares of Common Stock of the Company it does not “own” or have the unconditional right to receive under the terms of this Agreement (within the meaning of Rule 200 of Regulation SHO promulgated by the Commission under the Exchange Act), including Shares in any account of the Investor or in any account directly or indirectly managed or controlled by the Investor or any of its affiliates or any entity managed or controlled by the Investor. Without limiting the generality of the foregoing, prior to and during the Restricted Period, neither the Investor nor any of its affiliates nor any entity managed or controlled by the Investor or any of its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as affiliates shall enter into a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to of the number Company, including in any account of Shares the Investor’s or in any account directly or indirectly managed or controlled by the Investor or any of its Affiliates or any entity managed or controlled by the Investor, except that the Investor may sell Shares that it is unconditionally obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor (or its the Broker-Dealer, as applicable) delivers covers any such sales with the Shares purchased pursuant to such pending VWAP Purchase Notice and Fixed Request Notice; provided, however, that the Investor (or the Broker-Dealer, as applicable) shall not be required to cover any such sales with the Shares purchased pursuant to such pending Intraday VWAP Purchase Fixed Request Notice if (a) the Fixed Request is terminated by mutual agreement of the Company and the Investor and, as applicable) a result of such termination, no Shares are delivered to the purchaser thereof promptly upon the Investor’s receipt of such Shares from Investor under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement. Prior to and during the Restricted Period, the Investor shall not grant any option to purchase or acquire any right to dispose or otherwise dispose for value of any shares of Common Stock or any securities convertible into or exercisable or exchangeable for, or warrants to purchase, any shares of Common Stock, or enter into any swap, hedge or other agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, except for such sales expressly permitted by this Section 5.10(i).

Appears in 9 contracts

Samples: Common Stock Purchase Agreement (Medis Technologies LTD), Common Stock Purchase Agreement (Dendreon Corp), Common Stock Purchase Agreement (Dyax Corp)

Selling Restrictions. (i) Except as expressly set forth below, the The Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none neither the Investor nor any of its affiliates (within the meaning of the Exchange Act) nor any entity managed or controlled by the Investor shall, directly or indirectly, sell any securities of the Company, except the Shares that it owns or has the right to purchase as provided in a Fixed Request Notice. During the Restricted Period, neither the Investor or any of its affiliates nor any entity managed or controlled by the Investor shall sell any shares of Common Stock of the Company it does not “own” or have the unconditional right to receive under the terms of this Agreement (within the meaning of Rule 200 of Regulation SHO promulgated by the Commission under the Exchange Act), including Shares in any account of the Investor or in any account directly or indirectly managed or controlled by the Investor or any of its affiliates or any entity managed or controlled by the Investor. Without limiting the generality of the foregoing, prior to and during the Restricted Period, neither the Investor nor any of its affiliates nor any entity managed or controlled by the Investor or any of its affiliates shall enter into a short position with respect to shares of Common Stock of the Company, including in any account of the Investor, its sole member, ’s or in any account directly or indirectly managed or controlled by the Investor or any of their respective officers, its affiliates or any entity managed or controlled by the Investor or any of its sole member (collectivelyaffiliates, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares except that the Investor may sell Shares that it is unconditionally obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor (or its the Broker-Dealer, as applicable) delivers covers any such sales with the Shares purchased pursuant to such pending VWAP Purchase Notice and Fixed Request Notice; provided, however, that the Investor (or the Broker-Dealer, as applicable) shall not be required to cover any such sales with the Shares purchased pursuant to such pending Intraday VWAP Purchase Fixed Request Notice if (a) the Fixed Request is terminated by mutual agreement of the Company and the Investor and, as applicable) a result of such termination, no Shares are delivered to the purchaser thereof promptly upon the Investor’s receipt of such Shares from Investor under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement. Prior to and during the Restricted Period, the Investor shall not grant any option to purchase or acquire any right to dispose or otherwise dispose for value of any shares of Common Stock or any securities convertible into or exercisable or exchangeable for, or warrants to purchase, any shares of Common Stock, or enter into any swap, hedge or other agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, except for such sales expressly permitted by this Section 5.10(i).

Appears in 7 contracts

Samples: Common Stock Purchase Agreement (Arena Pharmaceuticals Inc), Common Stock Purchase Agreement (Omeros Corp), Common Stock Purchase Agreement (Synta Pharmaceuticals Corp)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Draw Down Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Draw Down Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt of applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares from subject to such Draw Down Notice if the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed fails for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement.

Appears in 7 contracts

Samples: Common Stock Purchase Agreement (Sanwire Corp), Registration Rights Agreement, Common Stock Purchase Agreement (Tauriga Sciences, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) any shares of Common Stock (including the SecuritiesShares); or (2) selling a number of shares of Common Stock equal to (x) the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any and/or (y) the number of Shares that such Restricted Person may purchase under a pending Intraday VWAP Purchase Notice (as applicable)Optional Amount, but but, in each case, has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Fixed Request Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) and/or Optional Amount to the purchaser thereof promptly upon or the Investor’s receipt applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares subject to such Fixed Request Notice or Optional Amount, as the case may be, if (a) such Fixed Request or Optional Amount, as the case may be, is terminated by mutual agreement of the Company and the Investor and, as a result of such termination, no such Shares from are delivered to the Investor under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement.

Appears in 4 contracts

Samples: Common Stock Purchase Agreement (Globalstar, Inc.), Common Stock Purchase Agreement (Delcath Systems Inc), Common Stock Purchase Agreement (EnteroMedics Inc)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Fixed Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Fixed Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly or the applicable Broker-Dealer upon the Investorsuch Restricted Person’s receipt of such Shares shares of Common Stock from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason pursuant to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this Agreement.

Appears in 4 contracts

Samples: Common Stock Purchase Agreement (Star Alliance International Corp.), Common Stock Purchase Agreement (Business Warrior Corp), Common Stock Purchase Agreement (Life Clips, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the The Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none neither the Investor nor any of its affiliates (within the meaning of the InvestorExchange Act) nor any entity managed by the Investor shall, its sole memberdirectly or indirectly, sell any securities of the Company, except the Shares that it owns or has the right to purchase as provided in a Fixed Request Notice. During the Restricted Period, neither the Investor or any of their respective officersits affiliates nor any entity managed or controlled by the Investor shall sell any shares of Common Stock of the Company it does not “own” or have the unconditional right to receive under the terms of this Agreement (within the meaning of Rule 200 of Regulation SHO promulgated by the Commission under the Exchange Act), including Shares in any account of the Investor or in any account directly or indirectly managed or controlled by the Investor or any of its affiliates or any entity managed or controlled by the Investor. Without limiting the generality of the foregoing, prior to and during the Restricted Period, neither the Investor nor any of its affiliates nor any entity managed or controlled by the Investor or any of its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as affiliates shall enter into a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to of the number Company, including in any account of Shares the Investor’s or in any account directly or indirectly managed or controlled by the Investor or any of its Affiliates or any entity managed or controlled by the Investor, except that the Investor may sell Shares that it is unconditionally obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor (or its the Broker-Dealer, as applicable) delivers covers any such sales with the Shares purchased pursuant to such pending VWAP Purchase Notice and Fixed Request Notice; provided, however, that the Investor (or the Broker-Dealer, as applicable) shall not be required to cover any such sales with the Shares purchased pursuant to such pending Intraday VWAP Purchase Fixed Request Notice if (a) the Fixed Request is terminated by mutual agreement of the Company and the Investor and, as applicable) a result of such termination, no Shares are delivered to the purchaser thereof promptly upon the Investor’s receipt of such Shares from Investor under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement. Prior to and during the Restricted Period, the Investor shall not grant any option to purchase or acquire any right to dispose or otherwise dispose for value of any shares of Common Stock or any securities convertible into or exercisable or exchangeable for, or warrants to purchase, any shares of Common Stock, or enter into any swap, hedge or other agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, except for such sales expressly permitted by this Section 5.10(i).

Appears in 4 contracts

Samples: Common Stock Purchase Agreement (Onyx Pharmaceuticals Inc), Common Stock Purchase Agreement (Dynavax Technologies Corp), Common Stock Purchase Agreement (Solexa, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective officers, Investor or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ia) engage in any Short Sales of the Common Stock or (iib) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (ia) and (iib) hereof, either for its own account or for the principal account of the Investor or any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1x) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2y) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent the Transfer Agent pursuant to this Agreement, so long as (X1) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and (Y2) neither the Company or its transfer agent nor the Transfer Agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on prior to the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) Deadline in accordance with Section 3.3 3.2 of this Agreement.

Appears in 4 contracts

Samples: Common Stock Purchase Agreement (Soundhound Ai, Inc.), Common Stock Purchase Agreement (Proptech Investment Corp. Ii), Common Stock Purchase Agreement (Tuatara Capital Acquisition Corp)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares and the Commitment Shares; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Fixed Request Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt of applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares from subject to such Fixed Request Notice if the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed fails for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement.

Appears in 3 contracts

Samples: Common Stock Purchase Agreement (Microvision Inc), Common Stock Purchase Agreement (Microvision Inc), Common Stock Purchase Agreement (Oncothyreon Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) intentionally engage in any Short Sales of involving the Common Stock Company’s securities or (ii) hedging transactiongrant any option to purchase, which establishes a net short position with respect or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesCommitment Shares or the Shares; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Fixed Request Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares subject to such Fixed Request Notice if (a) such Fixed Request is terminated by mutual agreement of the Company and the Investor and, as a result of such termination, no such Shares from are delivered to the Investor under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement.

Appears in 3 contracts

Samples: Common Stock Purchase Agreement (Poniard Pharmaceuticals, Inc.), Common Stock Purchase Agreement (Jones Soda Co), Common Stock Purchase Agreement (NeoStem, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the The Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none neither the Investor nor any of its affiliates (within the meaning of the Investor, its sole member, any of their respective officers, or Exchange Act) nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, sell any securities of the Company, except the Shares that it owns or has the right to purchase as provided in a Fixed Request Notice. During the Restricted Period, neither the Investor or any of its affiliates nor any entity managed by the Investor shall sell any shares of Common Stock of the Company it does not “own” or have the unconditional right to receive under the terms of this Agreement (i) engage within the meaning of Rule 200 of Regulation SHO promulgated by the Commission under the Exchange Act), including Shares in any Short Sales account of the Common Stock Investor or (ii) hedging transactionin any account directly or indirectly managed by the Investor or any of its affiliates or any entity managed by the Investor. Without limiting the generality of the foregoing, which establishes prior to and during the Restricted Period, neither the Investor nor any of its affiliates nor any entity managed by the Investor or any of its affiliates shall enter into a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to of the number Company, including in any account of Shares the Investor’s or in any account directly or indirectly managed by the Investor or any of its Affiliates or any entity managed by the Investor, except that the Investor may sell Shares that it is unconditionally obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor (or its the Broker-Dealer, as applicable) delivers covers any such sales with the Shares purchased pursuant to such pending VWAP Purchase Notice and Fixed Request Notice; provided, however, that the Investor (or the Broker-Dealer, as applicable) shall not be required to cover any such sales with the Shares purchased pursuant to such pending Intraday VWAP Purchase Fixed Request Notice if (a) the Fixed Request is terminated by mutual agreement of the Company and the Investor and, as applicable) a result of such termination, no Shares are delivered to the purchaser thereof promptly upon the Investor’s receipt of such Shares from Investor under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement. Prior to and during the Restricted Period, the Investor shall not grant any option to purchase or acquire any right to dispose or otherwise dispose for value of any shares of Common Stock or any securities convertible into or exercisable or exchangeable for, or warrants to purchase, any shares of Common Stock, or enter into any swap, hedge or other agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, except for such sales expressly permitted by this Section 5.10(i).

Appears in 3 contracts

Samples: Common Stock Purchase Agreement (Acusphere Inc), Common Stock Purchase Agreement (Syntroleum Corp), Common Stock Purchase Agreement (Pharmacyclics Inc)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective officers, Investor or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stockwhich, with respect to each of clauses (i) and (ii) hereof, establishes a net short position with respect to the Common Stock (i.e., taking into account the holdings of all Restricted Persons), either for its own principal account or for the principal account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares or any other shares of Common Stock or the Company’s other securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor is unconditionally obligated to such Restricted Person may purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent the Transfer Agent pursuant to this Agreement, so long as (Xx) such Restricted Person (including the Investor (or its any Broker-DealerDealer it designates, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending or Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and or (Yy) neither the Company or its transfer agent shall have failed the Transfer Agent fails for any reason to deliver such Shares to the Investor or its any Broker-Dealer it designates so that such Shares are timely received by the Investor as DWAC Shares on the applicable VWAP Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 3.2 of this Agreement, including, without limitation, within the time period specified for receipt of such Shares by the Investor or its Broker-Dealer from the Company or the Transfer Agent.

Appears in 3 contracts

Samples: Chef Purchase Agreement (Sonnet BioTherapeutics Holdings, Inc.), Chef Purchase Agreement (Allurion Technologies, Inc.), Chef Purchase Agreement (Better Therapeutics, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date date hereof through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the "Restricted Period"), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the "Restricted Persons" and each of the foregoing is referred to herein as a "Restricted Person") shall, directly or indirectly, (ix) engage in any Short Sales involving the Company's securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling "long" (as defined under Rule 200 promulgated under Regulation SHO) any shares of Common Stock (including the Securities); or (2) selling a number of shares of Common Stock equal to (x) the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any and/or (y) the number of Shares that such Restricted Person may purchase under a pending Intraday VWAP Purchase Notice (as applicable)Optional Amount, but but, in each case, has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Fixed Request Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) and/or Optional Amount to the purchaser thereof promptly upon or the Investor’s receipt applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares subject to such Fixed Request Notice or Optional Amount, as the case may be, if (a) such Fixed Request or Optional Amount, as the case may be, is terminated by mutual agreement of the Company and the Investor and, as a result of such termination, no such Shares from are delivered to the Investor under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement.

Appears in 3 contracts

Samples: Common Stock Purchase Agreement (DryShips Inc.), Common Stock Purchase Agreement (DryShips Inc.), Common Stock Purchase Agreement (DryShips Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its officers, its sole member, any of their respective officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and (Y) neither the Company or nor its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable VWAP Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 3.2 of this Agreement.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (PishPosh, Inc.), Common Stock Purchase Agreement (Boxed, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective its officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock Shares or (ii) hedging transaction, which establishes a net short position with respect to the Common StockShares, with respect to each of clauses (i) and (ii) hereof, either for its own principal account or for the principal account of any other Restricted Person; provided, however, that the foregoing shall not apply to any such transactions effected by a Restricted Person on behalf of its customers when such Restricted Person is acting in its capacity as a broker or dealer, or to any hedging transaction involving options or other positions held by a Restricted Person unrelated to the transactions contemplated by this Agreement when such Restricted Person is acting in its capacity as a broker or dealer. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2) selling a number of shares of Common Stock Shares equal to the number of Shares that the Investor such Restricted Person is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent the Transfer Agent pursuant to this Agreement, so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and (Y) neither the Company or its transfer agent nor the Transfer Agent shall have failed for any reason to deliver issue such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable VWAP Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 3.2 of this Agreement, including, without limitation, within the time period specified for receipt of such Shares by the Investor or its Broker-Dealer as DWAC Shares from the Company or the Transfer Agent. The parties acknowledge and agree that the Investor, in its capacity as Broker-Dealer, shall be permitted to mark the sales of Shares on each VWAP Purchase Date as “short” for purposes of Rule 200 promulgated under Regulation SHO since the exact amount of Shares to be sold on such date is uncertain, and such designation shall not be considered a breach of (i) above by the Investor.

Appears in 2 contracts

Samples: Share Purchase Agreement (Moolec Science SA), Share Purchase Agreement (Moolec Science SA)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Draw Down Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Draw Down Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt of applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares from subject to such Draw Down Notice if the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed fails for any reason to deliver such Shares or Additional Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase or True-Up Settlement Date, respectively, upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Bioheart, Inc.), Common Stock Purchase Agreement (Bioheart, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Fixed Request Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt of applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares from subject to such Fixed Request Notice if the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed fails for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Humanigen, Inc), Common Stock Purchase Agreement (Bio Key International Inc)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) any shares of Common Stock (including the SecuritiesCommitment Shares and the Shares); or (2) selling a number of shares of Common Stock equal to (x) the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any and/or (y) the number of Shares that such Restricted Person may purchase under a pending Intraday VWAP Purchase Notice (as applicable)Optional Amount, but but, in each case, has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Fixed Request Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) and/or Optional Amount to the purchaser thereof promptly upon or the Investor’s receipt applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares subject to such Fixed Request Notice or Optional Amount, as the case may be, if (a) such Fixed Request or Optional Amount, as the case may be, is terminated by mutual agreement of the Company and the Investor and, as a result of such termination, no such Shares from are delivered to the Investor under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Alexza Pharmaceuticals Inc.), Common Stock Purchase Agreement (Santa Fe Gold CORP)

Selling Restrictions. (i) Except as expressly set forth below, the The Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none neither the Investor nor any of its affiliates (within the meaning of the Investor, its sole member, any of their respective officers, or Exchange Act) nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, sell any securities of the Company, except the Shares that it owns or has the right to purchase as provided in a Fixed Request Notice. During the Restricted Period, neither the Investor or any of its affiliates nor any entity managed by the Investor shall sell any shares of Common Stock of the Company it does not “own” or have the unconditional right to receive (i) engage within the meaning of Rule 200 of Regulation SHO promulgated by the Commission under the Exchange Act), including Shares in any Short Sales account of the Common Stock Investor or (ii) hedging transactionin any account directly or indirectly managed by the Investor or any of its affiliates or any entity managed by the Investor. Without limiting the generality of the foregoing, which establishes prior to and during the Restricted Period, neither the Investor nor any of its affiliates nor any entity managed by the Investor or any of its affiliates shall enter into a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to of the number Company, including in any account of Shares the Investor’s or in any account directly or indirectly managed by the Investor or any of its Affiliates or any entity managed by the Investor, except that the Investor may sell Shares that it is unconditionally obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor (or its the Broker-Dealer, as applicable) delivers covers any such sales with the Shares purchased pursuant to such pending VWAP Purchase Notice and Fixed Request Notice; provided, however, that the Investor (or the Broker-Dealer, as applicable) shall not be required to cover any such sales with the Shares purchased pursuant to such pending Intraday VWAP Purchase Fixed Request Notice (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from if the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement. Prior to and during the Restricted Period, the Investor shall not grant any option to purchase or acquire any right to dispose or otherwise dispose for value of any shares of Common Stock or any securities convertible into or exercisable or exchangeable for, or warrants to purchase, any shares of Common Stock, or enter into any swap, hedge or other agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, except for such sales expressly permitted by this Section 5.10(i).

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Corgentech Inc), Common Stock Purchase Agreement (Nanogen Inc)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Fixed Request Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt of applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares from subject to such Fixed Request Notice if the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed fails for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Amyris, Inc.), Common Stock Purchase Agreement (Globalstar, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, Investor any of their respective its officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own principal account or for the principal account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent the Transfer Agent pursuant to this Agreement, so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and (Y) neither the Company or its transfer agent the Transfer Agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable VWAP Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 3.2 of this Agreement, including, without limitation, within the time period specified for receipt of such Shares by the Investor or its Broker-Dealer as DWAC Shares from the Company or the Transfer Agent.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Delwinds Insurance Acquisition Corp.), Common Stock Purchase Agreement (Wejo Group LTD)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock Ordinary Shares or (ii) hedging transaction, which establishes a net short position with respect to the Common StockOrdinary Shares, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person, in either case in violation of applicable law. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock Ordinary Shares equal to the number of Shares that the Investor is unconditionally obligated to purchase under any pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases Purchase(s) (as applicable) in accordance with Section 3.3 of this Agreement.

Appears in 1 contract

Samples: Ordinary Shares Purchase Agreement (Sono Group N.V.)

Selling Restrictions. (i) Except i)Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective its officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock Shares or (ii) hedging transaction, which establishes a net short position with respect to the Common StockShares, with respect to each of clauses (i) and (ii) hereof, either for its own principal account or for the principal account of any other Restricted Person; provided, however, that the foregoing shall not apply to any such transactions effected by a Restricted Person on behalf of its customers when such Restricted Person is acting in its capacity as a broker or dealer, or to any hedging transaction involving options or other positions held by a Restricted Person unrelated to the transactions contemplated by this Agreement when such Restricted Person is acting in its capacity as a broker or dealer. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2) selling a number of shares of Common Stock Shares equal to the number of Shares that the Investor such Restricted Person is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent the Transfer Agent pursuant to this Agreement, so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and (Y) neither the Company or its transfer agent nor the Transfer Agent shall have failed for any reason to deliver issue such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable VWAP Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 3.2 of this Agreement, including, without limitation, within the time period specified for receipt of such Shares by the Investor or its Broker-Dealer as DWAC Shares from the Company or the Transfer Agent. The parties acknowledge and agree that the Investor, in its capacity as Broker-Dealer, shall be permitted to mark the sales of Shares on each VWAP Purchase Date as “short” for purposes of Rule 200 promulgated under Regulation SHO since the exact amount of Shares to be sold on such date is uncertain, and such designation shall not be considered a breach of (i) above by the Investor.

Appears in 1 contract

Samples: Share Purchase Agreement (Vertical Aerospace Ltd.)

Selling Restrictions. (ia) Except as expressly set forth belowThe Company Stockholders agree, the Investor covenants that severally and not jointly, that, from and after the Closing Date through and including until the Trading Day next close of trading on the one hundredth (100th) trading day following the expiration or termination of this Agreement as provided in Article VIII Closing Date (the “Restricted Transfer Restriction Period”), none of the Investorthey shall not, its sole memberon any given trading day, any of their respective officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling Transfer a number of shares of Parent Common Stock equal acquired pursuant to this Agreement that in the aggregate exceeds the Daily Limit. During the Transfer Restriction Period, each Company Stockholder (together with its Affiliates) shall be permitted to Transfer on any given trading day a number of shares of Parent Common Stock acquired pursuant to this Agreement up to (and in no event in excess of) such Company Stockholder’s Transfer Restriction Pro Rata Portion of the Daily Limit. Notwithstanding the immediately preceding sentence, one or more of the Company Stockholders may agree to engage, in consultation with, and on terms reasonably acceptable to, Parent, a broker-dealer, investment adviser or other intermediary to coordinate the sale of shares of Parent Common Stock by such Company Stockholders during all or any portion of the Trading Restriction Period, in which case the sale of shares of Parent Common Stock by a Company Stockholder participating in such arrangement may exceed such Company Stockholder’s Transfer Restriction Pro Rata Portion on a given trading day but only if the aggregate sales on such trading day by all participating Company Stockholders do not exceed the aggregate Transfer Restriction Pro Rata Portions of all such participants. The Company Stockholders that engage in such coordinated activity shall cause (i) prior written notice to be given to Parent and Parent’s transfer agent, identifying such intermediary and the participating Company Stockholders and (ii) such intermediary to provide to Parent on each trading day a statement of the number of Shares shares of Parent Common Stock sold on that trading day for each participating Company Stockholder. Nothing in this Section 4.8(a) shall prohibit one or more of the Investor is unconditionally obligated following Transfers by a Company Stockholder: (i) a Transfer to purchase under any pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from an Affiliate of the Company Stockholder; (ii) a Transfer by will or its transfer agent pursuant by operation of law, in which case this Section 4.8(a) shall bind the transferee; (iii) a Transfer in connection with estate or charitable planning purposes, including any Transfer to this Agreementrelatives, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice trusts and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement charitable organizations; and (Yiv) neither the Company or such other Transfers as Parent may otherwise agree in writing in its transfer agent sole discretion; provided that as a condition to each permitted Transfer under (i)-(iii) above, each transferee shall have failed for any reason deliver a written instrument to deliver such Shares Parent, in a form reasonably acceptable to the Investor or its Broker-Dealer so that such Shares are timely received Parent, agreeing to be bound by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) restrictions set forth in accordance with this Section 3.3 of this Agreement4.8.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Community Bank System, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of involving the Common Stock Company’s securities or (ii) hedging transactiongrant any option to purchase, which establishes a net short position with respect or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares and the Commitment Shares; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Fixed Request Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt of applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares from subject to such Fixed Request Notice if the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed fails for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Celsion CORP)

Selling Restrictions. (i) Except as expressly set forth below, the The Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none neither the Investor nor any of its affiliates (within the meaning of the InvestorExchange Act) nor any entity managed or controlled by the Investor shall, its sole memberdirectly or indirectly, sell any securities of the Company, except the Shares that it owns or has the right to purchase as provided in a Fixed Request Notice. During the Restricted Period, neither the Investor or any of their respective officersits affiliates nor any entity managed or controlled by the Investor shall sell any Common Shares of the Company it does not “own” or have the unconditional right to receive under the terms of this Agreement (within the meaning of Rule 200 of Regulation SHO promulgated by the Commission under the Exchange Act), including Shares in any account of the Investor or in any account directly or indirectly managed or controlled by the Investor or any of its affiliates or any entity managed or controlled by the Investor. Without limiting the generality of the foregoing, prior to and during the Restricted Period, neither the Investor nor any of its affiliates nor any entity managed or controlled by the Investor or any of its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as affiliates shall enter into a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to Common Shares of the Common StockCompany, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the including in any account of the Investor’s or in any other Restricted Person. Notwithstanding account directly or indirectly managed or controlled by the foregoingInvestor or any of its Affiliates or any entity managed or controlled by the Investor, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares except that the Investor may sell Shares that it is unconditionally obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor (or its the Broker-Dealer, as applicable) delivers covers any such sales with the Shares purchased pursuant to such pending VWAP Purchase Notice and Fixed Request Notice; provided, however, that the Investor (or the Broker-Dealer, as applicable) shall not be required to cover any such sales with the Shares purchased pursuant to such pending Intraday VWAP Purchase Fixed Request Notice if (a) the Fixed Request is terminated by mutual agreement of the Company and the Investor and, as applicable) a result of such termination, no Shares are delivered to the purchaser thereof promptly upon the Investor’s receipt of such Shares from Investor under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement. Prior to and during the Restricted Period, the Investor shall not grant any option to purchase or acquire any right to dispose or otherwise dispose for value of any Common Shares or any securities convertible into or exercisable or exchangeable for, or warrants to purchase, any Common Shares, or enter into any swap, hedge or other agreement that transfers, in whole or in part, the economic risk of ownership of the Common Shares, except for such sales expressly permitted by this Section 5.10(i).

Appears in 1 contract

Samples: Common Share Purchase Agreement (Xoma LTD /De/)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ia) engage in any Short Sales of the Common Stock Ordinary Shares or (iib) hedging transaction, which establishes a net short position with respect to the Common StockOrdinary Shares, with respect to each of clauses (ia) and (iib) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2) selling a number of shares of Common Stock Ordinary Shares equal to the number of Shares that the Investor is unconditionally obligated to purchase under any pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this Agreement3.3.

Appears in 1 contract

Samples: Ordinary Share Purchase Agreement (Bitdeer Technologies Group)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) intentionally engage in any Short Sales of involving the Common Stock Company’s securities or (ii) hedging transactiongrant any option to purchase, which establishes a net short position with respect or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesCommitment Shares, the Shares, the Warrant or the Warrant Shares; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Fixed Request Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares subject to such Fixed Request Notice if (a) such Fixed Request is terminated by mutual agreement of the Company and the Investor and, as a result of such termination, no such Shares from are delivered to the Investor under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement; or (3) executing one or more transactions of any kind or nature from time to time and at any time so long as such transaction or transactions (as the case may be) do not result, at any one time during the Restricted Period, in a then-outstanding aggregate open “short” position (within the meaning of Rule 200 under Regulation SHO) and open “put equivalent positions” (within the meaning of Section 16 of the Exchange Act and the rules and regulations promulgated thereunder) (without duplication) in a number of shares of Common Stock that exceeds 1,785,185 shares of Common Stock (as adjusted for stock dividends, splits, combinations and other similar events after the date hereof) (it being understood and agreed that clause (2) above shall not be taken into account in making determinations under this clause (3)).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Emcore Corp)

Selling Restrictions. (i) Except as expressly set forth below, each of the Investor Investors covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, neither such Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the such Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Draw Down Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Draw Down Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt of applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares from subject to such Draw Down Notice if the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed fails for any reason to deliver such Shares to the such Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement; or (3) executing one or more transactions of any kind or nature from time to time and at any time so long as such transaction or transactions (as the case may be) do not result, at any one time during the Restricted Period, in a then-outstanding aggregate open “short” position (within the meaning of Rule 200 under Regulation SHO) and open “put equivalent positions” (within the meaning of Section 16 of the Exchange Act and the rules and regulations promulgated thereunder) (without duplication) in a number of shares of Common Stock that exceeds the number of shares of Common Stock for which any warrants to purchase Common Stock held by such Restricted Person as of the date of this Agreement is then exercisable (as adjusted for stock dividends, splits, combinations and other similar events after the date hereof) (it being understood and agreed that clause (2) above shall not be taken into account in making determinations under this clause (3)).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Liquidmetal Technologies Inc)

Selling Restrictions. (i) Except as expressly set forth below, the The Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the "Restricted Period"), none neither the Investor nor any of its affiliates (within the meaning of the Investor, its sole member, any of their respective officers, or Exchange Act) nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, sell any securities of the Company, except the Shares that it owns or has the right to purchase as provided in a Fixed Request Notice. During the Restricted Period, neither the Investor or any of its affiliates nor any entity managed by the Investor shall sell any shares of Common Stock of the Company it does not "own" or have the unconditional right to receive (i) engage within the meaning of Rule 200 of Regulation SHO promulgated by the Commission under the Exchange Act), including Shares in any Short Sales account of the Common Stock Investor or (ii) hedging transactionin any account directly or indirectly managed by the Investor or any of its affiliates or any entity managed by the Investor. Without limiting the generality of the foregoing, which establishes prior to and during the Restricted Period, neither the Investor nor any of its affiliates nor any entity managed by the Investor or any of its affiliates shall enter into a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to of the number Company, including in any account of Shares the Investor's or in any account directly or indirectly managed by the Investor or any of its Affiliates or any entity managed by the Investor, except that the Investor may sell Shares that it is unconditionally obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor (or its the Broker-Dealer, as applicable) delivers covers any such sales with the Shares purchased pursuant to such pending VWAP Purchase Notice and Fixed Request Notice; provided, however, that the Investor (or the Broker-Dealer, as applicable) shall not be required to cover any such sales with the Shares purchased pursuant to such pending Intraday VWAP Purchase Fixed Request Notice (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from if the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement. Prior to and during the Restricted Period, the Investor shall not grant any option to purchase or acquire any right to dispose or otherwise dispose for value of any shares of Common Stock or any securities convertible into or exercisable or exchangeable for, or warrants to purchase, any shares of Common Stock, or enter into any swap, hedge or other agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, except for such sales expressly permitted by this Section 5.10(i).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Lexicon Genetics Inc/Tx)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its officers, its sole member, any of their respective officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable VWAP Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 3.2 of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Cinedigm Corp.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and (Y) neither the Company or nor its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable VWAP Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 3.2 of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Biohitech Global, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) intentionally engage in any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Fixed Request Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares subject to such Fixed Request Notice if (a) such Fixed Request is terminated by mutual agreement of the Company and the Investor and, as a result of such termination, no such Shares from are delivered to the Investor under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Microvision Inc)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Commencement Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective officers, or any entity Person managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ia) engage in any Short Sales of the Common Stock or (iib) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (ia) and (iib) hereof, either for its own account or for the principal account of the Investor or any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1x) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2y) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent the Transfer Agent pursuant to this Agreement, so long as (X1) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and (Y2) neither the Company or its transfer agent nor the Transfer Agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on prior to the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) Deadline in accordance with Section 3.3 3.2 of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Kludein I Acquisition Corp)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling the Shares “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities); or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Fixed Request Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt of applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares from subject to such Fixed Request Notice if the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed fails for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Omeros Corp)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective officers, Investor or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ia) engage in any Short Sales of the Common Stock or (iib) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (ia) and (iib) hereof, either for its own account or for the principal account of the Investor or any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1x) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2y) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent the Transfer Agent pursuant to this Agreement, so long as (X1) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and (Y2) neither the Company or its transfer agent nor the Transfer Agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on or prior to the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) Deadline in accordance with Section 3.3 3.2 of this Agreement, including, without limitation, within the time period specified for receipt of such Shares by the Investor or its Broker-Dealer as DWAC Shares from the Company or the Transfer Agent.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Embark Technology, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its officers, its sole member, any of their respective officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock Ordinary Shares or (ii) hedging transaction, which establishes a net short position with respect to the Common StockOrdinary Shares, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock Ordinary Shares equal to the number of Shares that the Investor is unconditionally obligated to purchase under any a pending VWAP Purchase Notice and/or under any one or any more pending Intraday Additional VWAP Purchase Notice (as applicable)Notices, but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday Additional VWAP Purchase Notice Notices (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday Additional VWAP Purchases (as applicable) in accordance with Section 3.3 of this Agreement.

Appears in 1 contract

Samples: Ordinary Shares Purchase Agreement (Pivotal Holdings Corp)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) intentionally engage in any Short Sales of involving the Common Stock Company’s securities or (ii) hedging transactiongrant any option to purchase, which establishes a net short position with respect or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesCommitment Shares or the Shares; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Fixed Request Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares subject to such Fixed Request Notice if (a) such Fixed Request is terminated by mutual agreement of the Company and the Investor and, as a result of such termination, no such Shares from are delivered to the Investor under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement; or (3) executing one or more transactions of any kind or nature from time to time and at any time so long as such transaction or transactions (as the case may be) do not result, at any one time during the Restricted Period, in a then-outstanding aggregate open “short” position (within the meaning of Rule 200 under Regulation SHO) and open “put equivalent positions” (within the meaning of Section 16 of the Exchange Act and the rules and regulations promulgated thereunder) (without duplication) in a number of shares of Common Stock that exceeds 121,183 shares of Common Stock (as adjusted for stock dividends, splits, combinations and other similar events after the date hereof) (it being understood and agreed that clause (2) above shall not be taken into account in making determinations under this clause (3)).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Poniard Pharmaceuticals, Inc.)

Selling Restrictions. (ia) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective officers, Investor or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stockwhich, with respect to each of clauses (i) and (ii) hereof, establishes a net short position with respect to the Common Stock (i.e., taking into account the holdings of all Restricted Persons), either for its own principal account or for the principal account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares or any other shares of Common Stock or the Company’s other securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor is unconditionally obligated to such Restricted Person may purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent the Transfer Agent pursuant to this Agreement, so long as (X) such Restricted Person (including the Investor (or its any Broker-DealerDealer it designates, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and or (Y) neither the Company or its transfer agent shall have failed the Transfer Agent fails for any reason to deliver such Shares to the Investor or its any Broker-Dealer it designates so that such Shares are timely received by the Investor as DWAC Shares on the applicable VWAP Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 3.2 of this Agreement, including, without limitation, within the time period specified for receipt of such Shares by the Investor or its Broker-Dealer as DWAC Shares from the Company or the Transfer Agent.

Appears in 1 contract

Samples: Chef Purchase Agreement (Senti Biosciences, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective officers, Investor or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ia) engage in any Short Sales of the Common Stock or (iib) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (ia) and (iib) hereof, either for its own account or for the principal account of the Investor or any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent the Transfer Agent pursuant to this Agreement, so long as (XA) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and (YB) neither the Company or its transfer agent nor the Transfer Agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on prior to the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) Deadline in accordance with Section 3.3 3.2 of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Biotech Acquisition Co)

Selling Restrictions. (i) Except as expressly set forth below, the The Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none neither the Investor nor any of its affiliates (within the meaning of the InvestorExchange Act) nor any entity managed or controlled by the Investor shall, its sole memberdirectly or indirectly, sell any securities of the Company, except the Shares that it owns or has the right to purchase as provided in a Fixed Request Notice and the Commitment Shares. During the Restricted Period, neither the Investor or any of their respective officersits affiliates nor any entity managed or controlled by the Investor shall sell any Common Shares of the Company it does not “own” or have the unconditional right to receive under the terms of this Agreement (within the meaning of Rule 200 of Regulation SHO promulgated by the Commission under the Exchange Act), including Shares in any account of the Investor or in any account directly or indirectly managed or controlled by the Investor or any of its affiliates or any entity managed or controlled by the Investor. Without limiting the generality of the foregoing, prior to and during the Restricted Period, neither the Investor nor any of its affiliates nor any entity managed or controlled by the Investor or any of its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as affiliates shall enter into a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to Common Shares of the Common StockCompany, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the including in any account of the Investor’s or in any other Restricted Person. Notwithstanding account directly or indirectly managed or controlled by the foregoingInvestor or any of its Affiliates or any entity managed or controlled by the Investor, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares except that the Investor may sell Shares that it is unconditionally obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor (or its the Broker-Dealer, as applicable) delivers covers any such sales with the Shares purchased pursuant to such pending VWAP Purchase Notice and Fixed Request Notice; provided, however, that the Investor (or the Broker-Dealer, as applicable) shall not be required to cover any such sales with the Shares purchased pursuant to such pending Intraday VWAP Purchase Fixed Request Notice if (a) the Fixed Request is terminated by mutual agreement of the Company and the Investor and, as applicable) a result of such termination, no Shares are delivered to the purchaser thereof promptly upon the Investor’s receipt of such Shares from Investor under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement. Prior to and during the Restricted Period, the Investor shall not grant any option to purchase or acquire any right to dispose or otherwise dispose for value of any Common Shares or any securities convertible into or exercisable or exchangeable for, or warrants to purchase, any Common Shares, or enter into any swap, hedge or other agreement that transfers, in whole or in part, the economic risk of ownership of the Common Shares, except for such sales expressly permitted by this Section 5.10(i).

Appears in 1 contract

Samples: Common Share Purchase Agreement (Xoma LTD /De/)

Selling Restrictions. (i) Except as expressly set forth below, the Investor investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) intentionally engage in any Short Sales of involving the Common Stock Company’s securities or (ii) hedging transactiongrant any option to purchase, which establishes a net short position with respect or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares and the Commitment Shares; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Fixed Request Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt of applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares from subject to such Fixed Request Notice if the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed fails for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement; or (3) executing one or more transactions of any kind or nature from time to time and at any time so long as such transaction or transactions (as the case may be) do not result, at any one time during the Restricted Period, in a then-outstanding aggregate open “short” position (within the meaning of Rule 200 under Regulation SHO) and open “put equivalent positions” (within the meaning of Section 16 of the Exchange Act) (without duplication) in a number of shares of Common Stock that exceeds 114,200 shares of Common Stock (as adjusted for stock dividends, splits, combinations and other similar events after the date hereof) (it being understood and agreed that clause (2) above shall not be taken into account in making determinations under this clause (3)).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (ARYx Therapeutics, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its officers, its sole member, any of their respective officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or and/or under any pending Intraday VWAP Purchase Notice (as applicable)Notice, but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Knightscope, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”"RESTRICTED PERIOD"), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” "RESTRICTED PERSONS" and each of the foregoing is referred to herein as a “Restricted Person”"RESTRICTED PERSON") shall, directly or indirectly, (ix) engage in any Short Sales involving the Company's securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling "long" (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Draw Down Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Draw Down Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt of applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares from subject to such Draw Down Notice if the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed fails for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Tungsten Corp.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in or effect any Short Sales of the Common Stock Ordinary Shares or (ii) hedging transaction, which establishes a net short position with respect to the Common StockOrdinary Shares, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock Ordinary Shares equal to the number of Shares that the Investor is unconditionally obligated to subscribe for and purchase under any a pending VWAP Purchase Notice and/or under any one or any more pending Intraday VWAP Purchase Notice (as applicable)Notices, but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares subscribed for and purchased pursuant to such pending VWAP Purchase Notice and the Shares subscribed for and purchased pursuant to such pending Intraday VWAP Purchase Notice Notices (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this Agreement.

Appears in 1 contract

Samples: Ordinary Shares Purchase Agreement (Tritium DCFC LTD)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (iA) engage in any Short Sales of the Common Stock or (iiB) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor is unconditionally obligated to purchase under any pending a Fixed Purchase Notice or VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending Fixed Purchase Notice or VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (Notice, as applicable) , to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Fixed Purchase Share Delivery Settlement Date for such or applicable VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (Settlement Date, as applicable) , in accordance with Section 3.3 of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (SCWorx Corp.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending Fixed Purchase Notice or a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Fixed Purchase Notice and the Shares purchased pursuant to or such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its applicable Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this AgreementDealer.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Gaucho Group Holdings, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its officers, its sole member, any of their respective officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor is unconditionally obligated to purchase under any pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Wavedancer, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) intentionally engage in any Short Sales of involving the Common Stock Company’s securities or (ii) hedging transactiongrant any option to purchase, which establishes a net short position with respect or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2) selling a number of shares of Common Stock equal to the number of Shares that such Restricted Person is or may be obligated (or has the Investor is unconditionally obligated right) to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Fixed Request Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares subject to such Fixed Request Notice if (a) such Fixed Request is terminated by mutual agreement of the Company and the Investor and, as a result of such termination, no such Shares from are delivered to the Investor under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement. In addition to the foregoing, in connection with any sale of the Shares (including any sale permitted by paragraph (i) above), the Investor shall comply in all respects with all applicable laws, rules, regulations and orders, including, without limitation, the requirements of the Securities Act and the Exchange Act.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Syntroleum Corp)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in in, or induce any other Person to engage in, any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares and the Commitment Shares; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Fixed Request Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt of applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares from subject to such Fixed Request Notice if the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed fails for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Emcore Corp)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Signing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective officers, Investor or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ia) engage in any Short Sales of the Common Stock Ordinary Shares or (iib) hedging transaction, which establishes a net short position with respect to the Common StockOrdinary Shares, with respect to each of clauses (ia) and (iib) hereof, either for its own account or for the principal account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1x) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2y) selling a number of shares of Common Stock Ordinary Shares equal to the number of Shares that the Investor such Restricted Person is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent the Transfer Agent pursuant to this Agreement, so long as (X1) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers transfers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement 3.2 and (Y2) neither the Company or its transfer agent nor the Transfer Agent shall have failed for any reason to deliver issue such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on by the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this AgreementIssuance Deadline.

Appears in 1 contract

Samples: Ordinary Share Purchase Agreement (TH International LTD)

Selling Restrictions. (i) Except as expressly set forth below, the The Investor covenants that from and after the Closing Date date hereof through and including the Trading Day next 90th day following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none neither the Investor nor any of its affiliates (within the meaning of the Exchange Act), associates, agents or representatives nor any entity managed or controlled by the Investor shall, directly or indirectly, sell, buy or trade any securities of the Company, except the shares of Common Stock issuable pursuant to this Agreement. During the Restricted Period, neither the Investor or any of its affiliates, associates, agents or representatives nor any entity managed or controlled by the Investor shall, directly or indirectly, sell any shares of Common Stock of the Company it does not “own” or have the unconditional right to receive under the terms of this Agreement (within the meaning of Rule 200 of Regulation SHO promulgated by the Commission under the Exchange Act), including Put Shares and Commitment Shares in any account of the Investor or in any account directly or indirectly managed or controlled by the Investor or any of its affiliates, associates, agents or representatives or any entity managed or controlled by the Investor. Without limiting the generality of the foregoing, prior to and during the Restricted Period, neither the Investor nor any of its affiliates, associates, agents or representatives nor any entity managed or controlled by the Investor or any of its affiliates shall enter into a short position with respect to shares of Common Stock of the Company, including in any account of the Investor, its sole member, ’s or in any account directly or indirectly managed or controlled by the Investor or any of their respective officersits affiliates, associates, agents or representatives or any entity managed or controlled by the Investor or any of its sole member (collectivelyaffiliates, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares except that the Investor may sell Commitment Shares, as well as Put Shares that it is unconditionally obligated to purchase under any a pending VWAP Purchase Put Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor (or its the Broker-Dealer, as applicable) delivers covers any such sales with the Put Shares purchased pursuant to such pending VWAP Purchase Notice and Put Notice; provided, however, that the Investor (or the Broker- Dealer, as applicable) shall not be required to cover any such sales with the Put Shares purchased pursuant to such pending Intraday VWAP Purchase Put Notice if (as applicablea) the Put Notice is terminated pursuant to the purchaser thereof promptly upon the Investor’s receipt of such Shares a Cancellation Notice from the Company in accordance with Section 3.3 to the Investor as provided herein or otherwise, by mutual agreement of the Company and the Investor and, as a result of such termination, no Put Shares are delivered to the Investor under this Agreement and or (Yb) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Put Shares to the Investor on the applicable Closing Date upon the terms and subject to the provisions of this Agreement. Prior to and during the Restricted Period, the Investor or any of its Broker-Dealer so that such Shares are timely received affiliates, associates, agents or representatives and any entity managed or controlled by the Investor as DWAC Shares on shall not grant any option to purchase or acquire any right to dispose or otherwise dispose for value of any shares of Common Stock or any securities convertible into or exercisable or exchangeable for, or warrants to purchase, any shares of Common Stock, or enter into any swap, hedge or other agreement that transfers, in whole or in part, the applicable Purchase Share Delivery Date economic risk of ownership of the Common Stock, except for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with sales expressly permitted by this Section 3.3 of this Agreement5.10(i).

Appears in 1 contract

Samples: Investment Agreement (Alphatec Holdings, Inc.)

AutoNDA by SimpleDocs

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or and/or under any pending Intraday VWAP Purchase Notice (as applicable)Notice, but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Greenidge Generation Holdings Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the The Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none neither the Investor nor any of its affiliates (within the meaning of the InvestorExchange Act) nor any entity managed or controlled by the Investor shall, its sole memberdirectly or indirectly, sell any securities of the Company, except the Shares that it owns or has the right to purchase as provided in a Fixed Request Notice. During the Restricted Period, neither the Investor or any of their respective officersits affiliates nor any entity managed or controlled by the Investor shall sell any shares of Common Stock of the Company it does not “own” or have the unconditional right to receive under the terms of this Agreement (within the meaning of Rule 200 of Regulation SHO promulgated by the Commission under the Exchange Act), including Shares in any account of the Investor or in any account directly or indirectly managed or controlled by the Investor or any of its affiliates or any entity managed or controlled by the Investor. Without limiting the generality of the foregoing, prior to and during the Restricted Period, neither the Investor nor any of its affiliates nor any entity managed or controlled by the Investor or any of its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as affiliates shall enter into a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to of the number Company, including in any account of Shares the Investor’s or in any account directly or indirectly managed or controlled by the Investor or any of its Affiliates or any entity managed or controlled by the Investor, except that the Investor may sell Shares that it is unconditionally obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor (or its the Broker-Dealer, as applicable) delivers covers any such sales with the Shares purchased pursuant to such pending VWAP Purchase Notice and Fixed Request Notice; provided , however , that the Investor (or the Broker-Dealer, as applicable) shall not be required to cover any such sales with the Shares purchased pursuant to such pending Intraday VWAP Purchase Fixed Request Notice if (a) the Fixed Request is terminated by mutual agreement of the Company and the Investor and, as applicable) a result of such termination, no Shares are delivered to the purchaser thereof promptly upon the Investor’s receipt of such Shares from Investor under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement. Prior to and during the Restricted Period, the Investor shall not grant any option to purchase or acquire any right to dispose or otherwise dispose for value of any shares of Common Stock or any securities convertible into or exercisable or exchangeable for, or warrants to purchase, any shares of Common Stock, or enter into any swap, hedge or other agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, except for such sales expressly permitted by this Section 5.10(i).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Encysive Pharmaceuticals Inc)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent the Transfer Agent pursuant to this Agreement, so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and (Y) neither the Company or its transfer agent the Transfer Agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable VWAP Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 3.2 of this Agreement, including, without limitation, within the time period specified for receipt of such Shares by the Investor or its Broker-Dealer as DWAC Shares from the Company or the Transfer Agent.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Ashford Hospitality Trust Inc)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective its officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in (a) any Short Sales of the Common Stock or (iib) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (ia) and (iib) hereof, either for its own account or for the principal account of the Investor or any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1x) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2y) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent the Transfer Agent pursuant to this Agreement, so long as (X1) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and (Y2) neither the Company or its transfer agent nor the Transfer Agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on or prior to the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) Deadline in accordance with Section 3.3 3.2 of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Inflection Point Acquisition Corp.)

Selling Restrictions. (ia) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective officers, Investor or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stockwhich, with respect to each of clauses (i) and (ii) hereof, establishes a net short position with respect to the Common Stock (i.e., taking into account the holdings of all Restricted Persons), either for its own principal account or for the principal account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares or any other shares of Common Stock or the Company’s other securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor is unconditionally obligated to such Restricted Person may purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent the Transfer Agent pursuant to this Agreement, so long as (X) such Restricted Person (including the Investor (or its any Broker-DealerDealer it designates, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending or Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and or (Y) neither the Company or its transfer agent shall have failed the Transfer Agent fails for any reason to deliver such Shares to the Investor or its any Broker-Dealer it designates so that such Shares are timely received by the Investor as DWAC Shares on the applicable VWAP Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 3.2 of this Agreement, including, without limitation, within the time period specified for receipt of such Shares by the Investor or its Broker-Dealer from the Company or the Transfer Agent.

Appears in 1 contract

Samples: Chef Purchase Agreement (Senti Biosciences, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the The Investor covenants that from and after the Closing Date date hereof, through and including the Trading Day next 90th day following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none ) neither the Investor nor any of its affiliates (within the meaning of the InvestorExchange Act) nor any entity managed by the Investor shall directly or indirectly, its sole membersell any securities of the Company, except the Shares that it owns or has the right to purchase as provided in an Advance Notice. During the Restricted Period, neither the Investor nor any of their respective officersits affiliates nor any entity managed by the Investor shall sell any shares of Common Stock of the Company it does not “own” or have the unconditional right to receive, including shares in any account of the Investor or any account directly or indirectly managed by the Investor of any of its affiliates or any entity managed or controlled by the Investor. Without limiting the generality of the foregoing, prior to and during the Restricted Period, neither the Investor nor any of its affiliates nor any entity managed by the Investor or any of its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as affiliates shall enter into a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to of the number Company, including in any account of Shares the Investor or in any account directly or indirectly managed by the Investor or any of its affiliates or any entity managed by the Investor, except that the Investor may sell Shares that it is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable)Advance Notice, but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor (or its Brokerthe broker-Dealer, dealer as applicable) delivers covers any such sales with the Shares purchased pursuant to such pending VWAP Purchase Notice and Advance Notice; provided, however, that the Investor shall not be required to cover any such sales with the Shares purchased pursuant to such pending Intraday VWAP Purchase Advance Notice (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from if the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Closing Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement. Prior to and during Restricted Period, the Investor shall not grant any option to purchase or acquire any right to dispose or otherwise dispose for value of any Shares of Common Stock or any securities convertible into or excercisable or exchangeable for, or warrants to purchase, any shares of Common Stock, or enter into any swap, hedge or other agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, except for such sales expressly permitted by this Section 6.13(i).

Appears in 1 contract

Samples: Equity Distribution Agreement (Acacia Research Corp)

Selling Restrictions. (i) Except as expressly set forth below, the Investor Purchaser covenants that from and after the Closing Date date hereof through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Purchaser nor any of their respective officers, or its affiliates nor any entity managed or controlled by the Investor or its sole member Purchaser (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in any Short Sales (as defined in Rule 200 promulgated under Regulation SHO under the Exchange Act) involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securitiesany shares of Common Stock; or (2) selling a number of shares of Common Stock equal to (x) the number of Shares shares of Common Stock that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Notice or any Fixed Request Amount and/or (y) the number of shares of Common Stock that such Restricted Person may purchase under a pending Intraday VWAP Purchase Notice (as applicable)Optional Purchase, but but, in each case, has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its Brokera broker-Dealerdealer of such Restricted Person, as applicable) delivers the Purchase Shares purchased pursuant to such pending VWAP Fixed Request Amount and/or Optional Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt applicable broker-dealer; provided, however, such Restricted Person (or the applicable broker-dealer, as applicable) shall not be required to so deliver any such shares of Common Stock subject to such Fixed Request Amount or Optional Purchase, as the case may be, if (a) such Fixed Request Amount or Optional Purchase, as the case may be, is terminated by mutual agreement of the Company and the Purchaser and, as a result of such Shares from termination, no such shares of Common Stock are delivered to the Purchaser under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares shares of Common Stock to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares Purchaser on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Sorrento Therapeutics, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective its officers, or any entity Person managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ia) engage in any Short Sales of the Common Stock or (iib) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (ia) and (iib) hereof, either for its own account or for the principal account of the Investor or any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1x) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2y) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent the Transfer Agent pursuant to this Agreement, so long as (X1) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and (Y2) neither the Company or its transfer agent nor the Transfer Agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on prior to the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) Deadline in accordance with Section 3.3 3.2 of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (10X Capital Venture Acquisition Corp. II)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and (Y) neither the Company or nor its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 3.2 of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Crown Electrokinetics Corp.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor is unconditionally obligated to purchase under any pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Mobix Labs, Inc)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from commencing upon the execution of this Agreement on the Commencement Date and after ending on the Closing Date through and including the Trading Day next following the expiration or date of any termination of this Agreement as provided in Article VIII pursuant to Section 7.1 or Section 7.2 (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor is unconditionally obligated to purchase under any a pending Fixed Purchase Notice, a pending VWAP Purchase Notice and/or under any one or any more pending Intraday Additional VWAP Purchase Notice (as applicable)Notices, but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending Fixed Purchase Notice, such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday Additional VWAP Purchase Notice Notices (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 2.4 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Fixed Purchase Share Delivery Date for such Fixed Purchase, the applicable VWAP Purchase Share Delivery Date for such VWAP Purchase and on the applicable Additional VWAP Purchase Share Delivery Date for such Intraday Additional VWAP Purchases Purchase(s) (as applicable) in accordance with Section 3.3 2.4 of this Agreement. In addition to the foregoing, in connection with any sale of Securities, the Investor shall comply in all respects with all applicable laws, rules, regulations and orders, including, without limitation, the requirements of the Securities Act and the Exchange Act.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Evofem Biosciences, Inc.)

Selling Restrictions. (ia) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of involving the Common Stock Company’s securities or (ii) hedging transactiongrant any option to purchase, which establishes a net short position with respect or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Fixed Purchase Notice or any a pending Intraday VWAP Forward Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Fixed Purchase Notice and the Shares purchased pursuant to or such pending Intraday VWAP Forward Purchase Notice (as applicable) to the purchaser thereof promptly or the applicable Broker-Dealer upon the Investorsuch Restricted Person’s receipt of such Shares shares of Common Stock from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason pursuant to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (CV Sciences, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective its officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock Shares or (ii) hedging transaction, which establishes a net short position with respect to the Common StockShares, with respect to each of clauses (i) and (ii) hereof, either for its own principal account or for the principal account of any other Restricted Person; provided, however, that the foregoing shall not apply to any such transactions effected by a Restricted Person on behalf of its customers when such Restricted Person is acting in its capacity as a broker or dealer, or to any hedging transaction involving options or other positions held by a Restricted Person unrelated to the transactions contemplated by this Agreement when such Restricted Person is acting in its capacity as a broker or dealer. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2) selling a number of shares of Common Stock Shares equal to the number of Shares that the Investor such Restricted Person is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent the Transfer Agent pursuant to this Agreement, so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and (Y) neither the Company or its transfer agent nor the Transfer Agent shall have failed for any reason to deliver issue such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable VWAP Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 3.2 of this Agreement, including, without limitation, within the time period specified for receipt of such Shares by the Investor or its Broker-Dealer as DWAC Shares from the Company or the Transfer Agent. The parties acknowledge and agree that the Investor, in its capacity as Broker-Dealer, shall be permitted to xxxx the sales of Shares on each VWAP Purchase Date as “short” for purposes of Rule 200 promulgated under Regulation SHO since the exact amount of Shares to be sold on such date is uncertain, and such designation shall not be considered a breach of (i) above by the Investor.

Appears in 1 contract

Samples: Share Purchase Agreement (Vertical Aerospace Ltd.)

Selling Restrictions. (iviii) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares and the Commitment Shares; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Fixed Request Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt of applicable Broker-Dealer; provided, however, such Restricted Person (or the applicable Broker-Dealer, as applicable) shall not be required to so deliver any such Shares from subject to such Fixed Request Notice if the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed fails for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Kv Pharmaceutical Co /De/)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, Investor any of their respective its officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock Shares or (ii) hedging transaction, which establishes a net short position with respect to the Common StockShares, with respect to each of clauses (i) and (ii) hereof, either for its own principal account or for the principal account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2) selling a number of shares of Common Stock Shares equal to the number of Shares that the Investor such Restricted Person is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent the Transfer Agent pursuant to this Agreement, so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and (Y) neither the Company or its transfer agent the Transfer Agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable VWAP Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 3.2 of this Agreement, including, without limitation, within the time period specified for receipt of such Shares by the Investor or its Broker-Dealer as DWAC Shares from the Company or the Transfer Agent.

Appears in 1 contract

Samples: Common Shares Purchase Agreement (Roivant Sciences Ltd.)

Selling Restrictions. (i) Except as expressly set forth below, the The Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none neither the Investor nor any of its affiliates (within the meaning of the InvestorExchange Act) nor any entity managed or controlled by the Investor shall, its sole memberdirectly or indirectly, sell any securities of the Company, except the Shares that it owns or has the right to purchase as provided in a Fixed Request Notice. During the Restricted Period, neither the Investor or any of their respective officersits affiliates nor any entity managed or controlled by the Investor shall sell any shares of Common Stock of the Company it does not “own” or have the unconditional right to receive under the terms of this Agreement (within the meaning of Rule 200 of Regulation SHO promulgated by the Commission under the Exchange Act), including Shares in any account of the Investor or in any account directly or indirectly managed or controlled by the Investor or any of its affiliates or any entity managed or controlled by the Investor. Without limiting the generality of the foregoing, prior to and during the Restricted Period, neither the Investor nor any of its affiliates nor any entity managed or controlled by the Investor or any of its affiliates shall enter into a short position with respect to shares of Common Stock of the Company, including in any account of the Investor or in any account directly or indirectly managed or controlled by the Investor or any of its affiliates or any entity managed or controlled by the Investor or any of its sole member (collectivelyaffiliates, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares except that the Investor may sell Shares that it is unconditionally obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor (or its the Broker-Dealer, as applicable) delivers covers any such sales with the Shares purchased pursuant to such pending VWAP Purchase Notice and Fixed Request Notice; provided, however, that the Investor (or the Broker-Dealer, as applicable) shall not be required to cover any such sales with the Shares purchased pursuant to such pending Intraday VWAP Purchase Fixed Request Notice if (a) the Fixed Request is terminated by mutual agreement of the Company and the Investor and, as applicable) a result of such termination, no Shares are delivered to the purchaser thereof promptly upon the Investor’s receipt of such Shares from Investor under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement. Prior to and during the Restricted Period, the Investor shall not grant any option to purchase or acquire any right to dispose or otherwise dispose for value of any shares of Common Stock or any securities convertible into or exercisable or exchangeable for, or warrants to purchase, any shares of Common Stock, or enter into any swap, hedge or other agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, except for such sales expressly permitted by this Section 5.10(i).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Poniard Pharmaceuticals, Inc.)

Selling Restrictions. Other than the approval of the IFSRA of this Prospectus as a prospectus in accordance with the Prospectus Directive, no action has been or will be taken to permit a public offering of the Notes or the distribution of this Prospectus in any jurisdiction. The distribution of this Prospectus and the offering of the Notes in certain jurisdictions may be restricted by law. Persons into whose possession this Prospectus (ior any part thereof) Except as expressly set forth belowcomes are required by the Issuer, the Investor covenants that from Joint Lead Managers and after the Closing Date through Managers to inform themselves about and including to observe any such restrictions. Neither this Prospectus nor any part hereof constitutes an offer of, or an invitation by, or on behalf of, the Trading Day next following Issuer, the expiration Joint Lead Managers or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none Managers to subscribe for or purchase any of the InvestorNotes. Neither this Prospectus, its sole membernor any part hereof, may be used for or in connection with an offer to, or solicitation by, any of their respective officers, person in any jurisdiction or in any entity managed circumstance in which such offer or controlled by the Investor solicitation is not authorised or its sole member (collectivelyto any person to whom it is unlawful to make such offer or solicitation. Accordingly, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shallNotes may not be offered or sold, directly or indirectly, (i) engage and neither this Prospectus nor any part hereof nor any other prospectus, form of application, advertisement, other offering material or other information may be issued, distributed or published in any Short Sales country or jurisdiction (including the United Kingdom), except in circumstances that will result in compliance with all applicable laws, orders, guidelines and regulations. None of the Common Stock Issuer, the Joint Lead Managers, the Managers or (ii) hedging transactionany of their representatives is making any representation to any purchaser of the Notes described by this Prospectus regarding the legality of an investment by such purchaser under appropriate legal, which establishes a net short position investment or similar laws. Prospective purchasers should consult with respect their advisers as to the Common Stocklegal, with respect to each tax, business, financial and related aspects of clauses (i) and (ii) hereof, either for its own account or for a purchase of the account of any other Restricted PersonNotes. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication It should be remembered that the contrary would otherwise price of securities and the income from them can go down as well as up. For a further description of certain restrictions on offers and sales of the Notes and the distribution of this Prospectus, see "SUBSCRIPTION AND SALE". If you are in any doubt about the contents of this document you should consult your stockbroker, bank manager, solicitor, accountant or other financial adviser. It should be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares remembered that the Investor is unconditionally obligated to purchase under any pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice price of securities and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (income from them can go down as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor well as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this Agreementup.

Appears in 1 contract

Samples: www.ise.ie

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective its officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own principal account or for the principal account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent the Transfer Agent pursuant to this Agreement, so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker- Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and (Y) neither the Company or its transfer agent the Transfer Agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable VWAP Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 3.2 of this Agreement, including, without limitation, within the time period specified for receipt of such Shares by the Investor or its Broker-Dealer as DWAC Shares from the Company or the Transfer Agent.

Appears in 1 contract

Samples: Company Common Stock Purchase Agreement (Lionheart Acquisition Corp. II)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII IX (the “Restricted Period”), none of the Investor, its sole member, any of their respective its officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor is unconditionally obligated to purchase under any pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent Transfer Agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or nor its transfer agent Transfer Agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this Agreement).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Eagle Point Income Co Inc.)

Selling Restrictions. (i) Except as expressly set forth below, GSK agrees that for a period commencing on the Investor covenants that from and after date of the Closing Date through and including ending on the Trading Day next following earliest of (a) the expiration or termination third anniversary of this Agreement the date of the Closing, (b) the consummation of a Qualified IPO (as provided defined in Article VIII the Investors Rights Agreement) and (c) the closing of a transaction in which a third party acquires a majority of the outstanding voting shares of the Company (the “Restricted Period”), none of the Investorneither GSK, its sole member, nor any of their respective officersits affiliates, shall offer, sell, contract to sell, pledge, grant an option to purchase, make a short sale or otherwise dispose of any Securities held by GSK or any of its affiliates, or grant an option or other rights to any person or entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, acquire any Securities (i) engage to any person engaged in any Short Sales of the Common Stock pharmaceutical or biotechnology industries or (ii) hedging transactionin excess of such amount as is necessary to avoid consolidation of the Company’s financial performance with the performance of GSK, which establishes a net short position with respect without the prior written consent of the Company; provided that notwithstanding anything in this Section 7.18 to the Common Stockcontrary, with respect to each GSK and its affiliates shall be bound by the Market-Standoff Agreement in Section 1.14 of clauses (i) and (ii) hereofthe Investors Rights Agreement. During the Restricted Period, either for its own account or the consent of the Company shall not be required for the account transfers by GSK of all or a portion of the Securities to its affiliates (a “Permitted Transferee”); provided, however, that such affiliate agrees to become a party to, and be bound by, all of the terms and conditions of this Agreement by duly executing and delivering a joinder agreement. During the two year period from and after the expiration of the Restricted Period, GSK and/or its affiliates shall not offer, sell, contract to sell, pledge, grant an option to purchase, make a short sale or otherwise dispose of any other Restricted Person. Notwithstanding of the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor is unconditionally obligated to purchase under any pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent Securities purchased by GSK pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased Agreement other than pursuant to such pending VWAP Purchase Notice and a registration statement under the Shares purchased Securities Act or pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to Rule 144 under the purchaser thereof promptly upon Securities Act without the Investor’s receipt prior written consent of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this AgreementCompany.

Appears in 1 contract

Samples: Series E Preferred Stock Subscription Agreement (ChemoCentryx, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date date of this Agreement through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective its officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock Ordinary Shares or (ii) hedging transaction, which establishes a net short position with respect to the Common StockOrdinary Shares, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock Ordinary Shares equal to the number of Shares that the Investor is unconditionally obligated to purchase under any pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent Transfer Agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or nor its transfer agent Transfer Agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable). In addition to the foregoing, in connection with any sale of Shares (including any sale permitted by paragraph (i) above), the Investor shall comply in accordance all respects with Section 3.3 all applicable laws, rules, regulations and orders, including the requirements of this Agreementthe Securities Act and the Exchange Act.

Appears in 1 contract

Samples: Ordinary Share Purchase Agreement (Iris Energy LTD)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Shares or any securities convertible into or exercisable or exchangeable for any shares of Common Shares, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted PersonShares. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock Shares equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending Fixed Purchase Notice, a pending VWAP Purchase Notice or any a pending Intraday Additional VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending Fixed Purchase Notice, such VWAP Purchase Notice and the Shares purchased pursuant to or such pending Intraday Additional VWAP Purchase Notice (as applicable) to the purchaser thereof promptly or the applicable Broker-Dealer upon the Investorsuch Restricted Person’s receipt of such shares of Common Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason pursuant to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this Agreement.

Appears in 1 contract

Samples: Common Share Purchase Agreement (Aptose Biosciences Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Commencement Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or the Company’s publicly traded warrants or the Company’s publicly traded preferred stock (ii) hedging transaction, which establishes a net short position with respect to the Common StockStock or the Company’s publicly traded warrants or the Company’s publicly traded preferred stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor is unconditionally obligated to purchase under any pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Bed Bath & Beyond Inc)

Selling Restrictions. (i) Except as expressly set forth below, the The Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none neither the Investor nor any of its affiliates (within the meaning of the InvestorExchange Act) nor any entity managed or controlled by the Investor shall, its sole memberdirectly or indirectly, sell any securities of the Company, except the Shares that it owns or has the right to purchase as provided in a Fixed Request Notice. During the Restricted Period, neither the Investor or any of their respective officersits affiliates nor any entity managed or controlled by the Investor shall sell any shares of Common Stock it does not “own” or have the unconditional right to receive under the terms of this Agreement (within the meaning of Rule 200 of Regulation SHO promulgated by the Commission under the Exchange Act), including Shares in any account of the Investor or in any account directly or indirectly managed or controlled by the Investor or any of its affiliates or any entity managed or controlled by the Investor. Without limiting the generality of the foregoing, prior to and during the Restricted Period, neither the Investor nor any of its affiliates nor any entity managed or controlled by the Investor or any of its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as affiliates shall enter into a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the shares of Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the including in any account of the Investor’s or in any other Restricted Person. Notwithstanding account directly or indirectly managed or controlled by the foregoingInvestor or any of its affiliates or any entity managed or controlled by the Investor, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares except that the Investor may sell Shares that it is unconditionally obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor (or its the Broker-Dealer, as applicable) delivers covers any such sales with the Shares purchased pursuant to such pending VWAP Purchase Notice and Fixed Request Notice; provided, however, that the Investor (or the Broker-Dealer, as applicable) shall not be required to cover any such sales with the Shares purchased pursuant to such pending Intraday VWAP Purchase Fixed Request Notice if (a) the Fixed Request is terminated by mutual agreement of the Company and the Investor and, as applicable) a result of such termination, no Shares are delivered to the purchaser thereof promptly upon the Investor’s receipt of such Shares from Investor under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement. Prior to and during the Restricted Period, the Investor shall not grant any option to purchase or acquire any right to dispose or otherwise dispose for value of any shares of Common Stock or any securities convertible into or exercisable or exchangeable for, or warrants to purchase, any shares of Common Stock, or enter into any swap, hedge or other agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, except for such sales expressly permitted by this Section 5.10(i).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Alexza Pharmaceuticals Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (ix) engage in any Short Sales involving the Company’s securities or (y) grant any option to purchase, or acquire any right to dispose of or otherwise dispose for value of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Common Stock, or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly or the applicable Broker-Dealer upon the Investorsuch Restricted Person’s receipt of such Shares shares of Common Stock from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason pursuant to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Mullen Automotive Inc.)

Selling Restrictions. (ia) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, : (i) engage in any Short Sales of involving the Common Stock Company’s securities; or (ii) hedging transactiongrant any option to purchase, which establishes a net short position with respect or acquire any right to the dispose of or otherwise dispose for value of, any shares of Class A Common Stock or any securities convertible into or exercisable or exchangeable for any shares of Class A Common Stock, with respect to each or enter into any swap, hedge or other similar agreement that transfers, in whole or in part, the economic risk of clauses (i) and (ii) hereof, either for its own account or for ownership of the account of any other Restricted PersonClass A Common Stock. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1a) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2b) selling a number of shares of Class A Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally or may be obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon or the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its applicable Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this AgreementDealer.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Inspire Veterinary Partners, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after commencing upon the execution of this Agreement on the Closing Date through and including ending on the Trading Day next following the expiration or date of any termination of this Agreement as provided in Article VIII pursuant to Section 7.1 or Section 7.2 (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor is unconditionally obligated to purchase under any a pending Fixed Purchase Notice, a pending VWAP Purchase Notice and/or under any one or any more pending Intraday Additional VWAP Purchase Notice (as applicable)Notices, but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending Fixed Purchase Notice, such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday Additional VWAP Purchase Notice Notices (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 2.4 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Fixed Purchase Share Delivery Date for such Fixed Purchase, the applicable VWAP Purchase Share Delivery Date for such VWAP Purchase and on the applicable Additional VWAP Purchase Share Delivery Date for such Intraday Additional VWAP Purchases Purchase(s) (as applicable) in accordance with Section 3.3 2.4 of this Agreement. In addition to the foregoing, in connection with any sale of Securities, the Investor shall comply in all respects with all applicable laws, rules, regulations and orders, including, without limitation, the requirements of the Securities Act and the Exchange Act.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Spectaire Holdings Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the The Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none neither the Investor nor any of its affiliates (within the meaning of the Investor, its sole member, any of their respective officers, or Exchange Act) nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, sell any securities of the Company (i) engage or any derivative instrument based on the securities of the Company), except the Shares that it owns or has the right to purchase as provided in a Fixed Request Notice. During the Restricted Period, neither the Investor or any of its affiliates nor any entity managed by the Investor shall sell any shares of Common Stock of the Company it does not “own” or have the unconditional right to receive (within the meaning of Rule 200 of Regulation SHO promulgated by the Commission under the Exchange Act), including Shares in any Short Sales account of the Common Stock Investor or (ii) hedging transactionin any account directly or indirectly managed by the Investor or any of its affiliates or any entity managed by the Investor. Without limiting the generality of the foregoing, which establishes prior to and during the Restricted Period, neither the Investor nor any of its affiliates nor any entity managed by the Investor or any of its affiliates shall enter into a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to of the number Company (or any derivative instrument based on the Common Stock of Shares the Company), including in any account of the Investor’s or in any account directly or indirectly managed by the Investor or any of its Affiliates or any entity managed by the Investor, except that the Investor may sell Shares that it is unconditionally obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor (or its the Broker-Dealer, as applicable) delivers covers any such sales with the Shares purchased pursuant to such pending VWAP Purchase Notice and Fixed Request Notice; provided, however, that the Investor (or the Broker-Dealer, as applicable) shall not be required to cover any such sales with the Shares purchased pursuant to such pending Intraday VWAP Purchase Fixed Request Notice (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from if the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement. Prior to and during the Restricted Period, the Investor shall not grant any option to purchase or acquire any right to dispose or otherwise dispose for value of any shares of Common Stock or any securities convertible into or exercisable or exchangeable for, or warrants to purchase, any shares of Common Stock, or enter into any swap, hedge or other agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, except for such sales expressly permitted by this Section 5.10(i).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Isis Pharmaceuticals Inc)

Selling Restrictions. (ia) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock Ordinary Shares or (ii) hedging transaction, which establishes a net short position with respect to the Common StockOrdinary Shares, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock Ordinary Shares equal to the number of Shares that the Investor is unconditionally obligated to purchase under any pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this Agreement.

Appears in 1 contract

Samples: Ordinary Shares Purchase Agreement (Pagaya Technologies Ltd.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from commencing upon the execution of this Agreement on the Commencement Date and after ending on the Closing Date through and including the Trading Day next following the expiration or date of any termination of this Agreement as provided in Article VIII pursuant to Section 7.1 or Section 7.2 (the “Restricted Period”), none of neither the Investor, its sole member, Investor nor any of their respective officers, or its Affiliates nor any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable)Notice, but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 2.4 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable VWAP Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 2.4 of this Agreement. In addition to the foregoing, in connection with any sale of Securities, the Investor shall comply in all respects with all applicable laws, rules, regulations and orders, including, without limitation, the requirements of the Securities Act and the Exchange Act.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Myomo, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the The Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement (the "Restricted Period"), neither the Investor nor any of its affiliates (within the meaning of the Exchange Act) nor any entity managed or controlled by the Investor shall, directly or indirectly, sell any securities of the Company, except the Shares that it owns or has the right to purchase as provided in Article VIII (a Fixed Request Notice. During the Restricted Period, neither the Investor or any of its affiliates nor any entity managed or controlled by the Investor shall sell any shares of Common Stock of the Company it does not "own" or have the unconditional right to receive under the terms of this Agreement (within the meaning of Rule 200 of Regulation SHO promulgated by the Commission under the Exchange Act), none including Shares in any account of the Investor, its sole member, Investor or in any account directly or indirectly managed or controlled by the Investor or any of their respective officersits affiliates or any entity managed or controlled by the Investor. Without limiting the generality of the foregoing, or prior to and during the Restricted Period, neither the Investor nor any of its affiliates nor any entity managed or controlled by the Investor or any of its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as affiliates shall enter into a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to of the number Company, including in any account of Shares the Investor's or in any account directly or indirectly managed or controlled by the Investor or any of its Affiliates or any entity managed or controlled by the Investor, except that the Investor may sell Shares that it is unconditionally obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor (or its the Broker-Dealer, as applicable) delivers covers any such sales with the Shares purchased pursuant to such pending VWAP Purchase Notice and Fixed Request Notice; provided, however, that the Investor (or the Broker-Dealer, as applicable) shall not be required to cover any such sales with the Shares purchased pursuant to such pending Intraday VWAP Purchase Fixed Request Notice if (a) the Fixed Request is terminated by mutual agreement of the Company and the Investor and, as applicable) a result of such termination, no Shares are delivered to the purchaser thereof promptly upon the Investor’s receipt of such Shares from Investor under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement. Prior to and during the Restricted Period, the Investor shall not grant any option to purchase or acquire any right to dispose or otherwise dispose for value of any shares of Common Stock or any securities convertible into or exercisable or exchangeable for, or warrants to purchase, any shares of Common Stock, or enter into any swap, hedge or other agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, except for such sales expressly permitted by this Section 5.10(i).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Ariad Pharmaceuticals Inc)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective its officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own principal account or for the principal account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the SecuritiesShares; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor such Restricted Person is unconditionally obligated to purchase under any a pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent the Transfer Agent pursuant to this Agreement, so long as (X) the Investor such Restricted Person (or its the Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof or the applicable Broker-Dealer promptly upon the Investorsuch Restricted Person’s receipt of such Shares from the Company in accordance with Section 3.3 3.2 of this Agreement and (Y) neither the Company or its transfer agent the Transfer Agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable VWAP Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 3.2 of this Agreement, including, without limitation, within the time period specified for receipt of such Shares by the Investor or its Broker-Dealer as DWAC Shares from the Company or the Transfer Agent.

Appears in 1 contract

Samples: Company Common Stock Purchase Agreement (MSP Recovery, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the Investor covenants that from and after the Closing Date through and including the Trading Day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none of the Investor, its sole member, any of their respective officers, or any entity managed or controlled by the Investor or its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or the Company’s publicly traded warrants or (ii) hedging transaction, which establishes a net short position with respect to the Common StockStock or the Company’s publicly traded warrants, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to the number of Shares that the Investor is unconditionally obligated to purchase under any pending VWAP Purchase Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, so long as (X) the Investor (or its Broker-Dealer, as applicable) delivers the Shares purchased pursuant to such pending VWAP Purchase Notice and the Shares purchased pursuant to such pending Intraday VWAP Purchase Notice (as applicable) to the purchaser thereof promptly upon the Investor’s receipt of such Shares from the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Date for such VWAP Purchase and on the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Amprius Technologies, Inc.)

Selling Restrictions. (i) Except as expressly set forth below, the The Investor covenants that from and after the Closing Date date hereof through and including the Trading Day 90th day next following the expiration or termination of this Agreement as provided in Article VIII (the “Restricted Period”), none neither the Investor nor any of its affiliates (within the meaning of the InvestorExchange Act) nor any entity managed or controlled by the Investor shall, its sole memberdirectly or indirectly, sell any securities of the Company, except the Shares that it owns or has the right to purchase as provided in a Fixed Request Notice. During the Restricted Period, neither the Investor or any of their respective officersits affiliates nor any entity managed or controlled by the Investor shall sell any shares of Common Stock of the Company it does not “own” or have the unconditional right to receive under the terms of this Agreement (within the meaning of Rule 200 of Regulation SHO promulgated by the Commission under the Exchange Act), including Shares in any account of the Investor or in any account directly or indirectly managed or controlled by the Investor or any of its affiliates or any entity managed or controlled by the Investor. Without limiting the generality of the foregoing, prior to and during the Restricted Period, neither the Investor nor any of its affiliates nor any entity managed or controlled by the Investor or any of its sole member (collectively, the “Restricted Persons” and each of the foregoing is referred to herein as affiliates shall enter into a “Restricted Person”) shall, directly or indirectly, (i) engage in any Short Sales of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock, with respect to each of clauses (i) and (ii) hereof, either for its own account or for the account of any other Restricted Person. Notwithstanding the foregoing, it is expressly understood and agreed that nothing contained herein shall (without implication that the contrary would otherwise be true) prohibit any Restricted Person during the Restricted Period from: (1) selling “long” (as defined under Rule 200 promulgated under Regulation SHO) the Securities; or (2) selling a number of shares of Common Stock equal to of the number Company, including in any account of Shares the Investor’s or in any account directly or indirectly managed or controlled by the Investor or any of its affiliates or any entity managed or controlled by the Investor, except that the Investor may sell Shares that it is unconditionally obligated to purchase under any a pending VWAP Purchase Fixed Request Notice or any pending Intraday VWAP Purchase Notice (as applicable), but has not yet received from the Company or its transfer agent pursuant to this Agreement, taken possession of so long as (X) the Investor (or its the Broker-Dealer, as applicable) delivers covers any such sales with the Shares purchased pursuant to such pending VWAP Purchase Notice and Fixed Request Notice; provided, however, that the Investor (or the Broker-Dealer, as applicable) shall not be required to cover any such sales with the Shares purchased pursuant to such pending Intraday VWAP Purchase Fixed Request Notice if (a) the Fixed Request is terminated by mutual agreement of the Company and the Investor and, as applicable) a result of such termination, no Shares are delivered to the purchaser thereof promptly upon the Investor’s receipt of such Shares from Investor under this Agreement or (b) the Company in accordance with Section 3.3 of this Agreement and (Y) neither the Company or its transfer agent shall have failed for any reason otherwise fails to deliver such Shares to the Investor or its Broker-Dealer so that such Shares are timely received by the Investor as DWAC Shares on the applicable Purchase Share Delivery Settlement Date for such VWAP Purchase upon the terms and on subject to the applicable Purchase Share Delivery Date for such Intraday VWAP Purchases (as applicable) in accordance with Section 3.3 provisions of this Agreement. Prior to and during the Restricted Period, the Investor shall not grant any option to purchase or acquire any right to dispose or otherwise dispose for value of any shares of Common Stock or any securities convertible into or exercisable or exchangeable for, or warrants to purchase, any shares of Common Stock, or enter into any swap, hedge or other agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock, except for such sales expressly permitted by this Section 5.10(i).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Affymax Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.