Common use of Short Sales and Confidentiality After The Date Hereof Clause in Contracts

Short Sales and Confidentiality After The Date Hereof. Each Purchaser, severally and not jointly with the other Purchasers, represents and covenants that neither it, nor any Affiliate acting on its behalf or pursuant to any understanding with it, has executed any purchases or sales, including Short Sales, of any of the Company’s securities during the period commencing with the execution of this Agreement and ending at such time that the transactions contemplated by this Agreement are first publicly announced. Each Purchaser, severally and not jointly with the other Purchasers, represents and covenants that until such time as the transactions contemplated by this Agreement are publicly disclosed by the Company, such Purchaser will maintain the confidentiality of the existence and terms of this transaction and the information included in the Transaction Documents and the Disclosure Schedules.

Appears in 5 contracts

Samples: Securities Purchase Agreement (IIOT-OXYS, Inc.), Securities Purchase Agreement (Summit Semiconductor Inc.), Securities Purchase Agreement (IIOT-OXYS, Inc.)

AutoNDA by SimpleDocs

Short Sales and Confidentiality After The Date Hereof. Each Purchaser, severally and not jointly with the other Purchasers, represents and Purchaser covenants that neither it, it nor any Affiliate Affiliates acting on its behalf or pursuant to any understanding with it, has executed it will execute any purchases or sales, including Short Sales, of any of the Company’s securities short sales during the period commencing after the time Purchaser or any of its Affiliates started discussing the transactions with the execution of Company contemplated in this Agreement and ending at such the time that the transactions contemplated by this Agreement are first publicly announced. Each Purchaser, severally and not jointly with the other Purchasers, represents and Purchaser covenants that until such time as the transactions contemplated by this Agreement are publicly disclosed by the Company, such Purchaser will maintain maintain, the confidentiality of all disclosures made to it in connection with this transactions (including the existence and terms of this transaction and the information included in the Transaction Documents and the Disclosure Schedulestransaction).

Appears in 3 contracts

Samples: Common Stock Purchase Agreement (Consumer Direct of America), Common Stock Purchase Agreement (Consumer Direct of America), Common Stock Purchase Agreement (Crusader Capital Partners II LLC)

Short Sales and Confidentiality After The Date Hereof. Each Purchaser, severally and not jointly with the other PurchasersPurchaser, represents and covenants that neither it, nor any Affiliate acting on its behalf or pursuant to any understanding with it, has executed any purchases or sales, including Short Sales, of any of the Company’s securities during the period commencing with the execution of this Agreement and ending at such time that the transactions contemplated by this Agreement are first publicly announced. Each Purchaser, severally and not jointly with the other PurchasersPurchaser, represents and covenants that until such time as the transactions contemplated by this Agreement are publicly disclosed by the Company, such the Purchaser will maintain the confidentiality of the existence and terms of this transaction and the information included in the Transaction Documents and the Disclosure Schedules.

Appears in 1 contract

Samples: Securities Purchase Agreement (Summit Semiconductor Inc.)

Short Sales and Confidentiality After The Date Hereof. Each Purchaser, Purchaser severally and not jointly with the other Purchasers, represents and Purchasers covenants that neither it, it nor any Affiliate acting on its behalf or pursuant to any understanding with it, has executed it will execute any purchases or sales, including Short Sales, of any of the Company’s securities Sales during the period commencing with at the execution of this Agreement Discussion Time and ending at such time that on the transactions contemplated by this Agreement are first publicly announcedone year anniversary of the Closing Date. Each Purchaser, severally and not jointly with the other Purchasers, represents and covenants that until such time as the transactions contemplated by this Agreement are publicly disclosed by the CompanyCompany as described in Section 4.4, such Purchaser will maintain the confidentiality of all disclosures made to it in connection with this transaction (including the existence and terms of this transaction and the information included in the Transaction Documents and the Disclosure Schedulestransaction).

Appears in 1 contract

Samples: Securities Purchase Agreement (Synova Healthcare Group Inc)

AutoNDA by SimpleDocs

Short Sales and Confidentiality After The Date Hereof. Each PurchaserSuch Purchaser shall not, severally and shall cause its Trading Affiliates not jointly with the other Purchasersto, represents and covenants that neither itengage, nor directly or indirectly, in any Affiliate acting on its behalf or pursuant to any understanding with it, has executed any purchases or sales, including Short Sales, of any of transactions in the Company’s securities (including, without limitation, any Short Sales involving the Company’s securities) during the period commencing with from the execution date hereof until the earlier of this Agreement and ending at such time that as (i) the transactions contemplated by this Agreement are first publicly announcedannounced as required by and described in Section 4.6 or (ii) this Agreement is terminated in full pursuant to Section 6.18. Each Purchaser, severally and not jointly with the other Purchasers, represents and covenants that until such time as the transactions contemplated by this Agreement are publicly disclosed by the CompanyCompany as described in Section 4.5, such Purchaser will maintain the confidentiality of the existence and terms of this transaction and the information included in the Transaction Documents and the Disclosure Schedules.and

Appears in 1 contract

Samples: Securities Purchase Agreement (Pieris Pharmaceuticals, Inc.)

Short Sales and Confidentiality After The Date Hereof. Each Purchaser, Purchaser severally and not jointly with the other Purchasers, represents and Purchasers covenants that neither it, it nor any Affiliate acting on its behalf or pursuant to any understanding with it, has executed it will execute any purchases or sales, including Short Sales, of any of the Company’s securities Sales during the period commencing with at the execution of this Agreement Discussion Time and ending at such time that on the transactions contemplated by this Agreement are first publicly announcedone year anniversary of the Closing Date. Each Purchaser, severally and not jointly with the other Purchasers, represents and covenants that until such time as the transactions contemplated by this Agreement are publicly disclosed by the Company, such Purchaser will maintain the confidentiality of all disclosures made to it in connection with this transaction (including the existence and terms of this transaction and the information included in the Transaction Documents and the Disclosure Schedulestransaction).

Appears in 1 contract

Samples: Securities Purchase Agreement (Synova Healthcare Group Inc)

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