Common use of Short Sales Clause in Contracts

Short Sales. Since the time the Purchaser was first contacted about the offering of the Shares and the transactions contemplated hereby, the Purchaser has not taken, and prior to the public announcement of the transaction to be made after the Closing the Purchaser shall not take, any action that has caused or will cause the Purchaser to have, directly or indirectly, sold or agreed to sell any Ordinary Shares, effected any short sale, whether or not against the box, established any “put equivalent position” (as defined in Rule 16a-1(h) under the Exchange Act with respect to the Ordinary Shares, granted any other right (including, without limitation, any put or call option) with respect to the Ordinary Shares or with respect to any security that includes, relates to or derived any significant part of its value from the Ordinary Shares.

Appears in 21 contracts

Samples: Securities Purchase Agreement (Stins Coman Inc), Securities Purchase Agreement (Rit Technologies LTD), Securities Purchase Agreement (Stins Coman Inc)

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Short Sales. Since the time the each Purchaser was first contacted learned about the offering of the Shares and the transactions transaction contemplated hereby, the each such Purchaser has not taken, and prior to the public announcement of the transaction to be made after the Closing the each such Purchaser shall not take, any action that has caused or will cause the such Purchaser to have, directly or indirectly, sold or agreed to sell any of the Company’s Ordinary Shares, effected any short sale, whether or not against the box, established any “put equivalent position” (as defined in Rule 16a-1(h) under the Exchange Act Act) with respect to the Ordinary Shares, granted any other right (including, without limitation, any put or call option) with respect to the Ordinary Shares or with respect to any security that includes, relates to or derived any significant part of its value from the Ordinary Shares.

Appears in 3 contracts

Samples: Share Purchase Agreement (Mer Telemanagement Solutions LTD), Share Purchase Agreement (Friedman Tzvika), Purchase Agreement (Mer Telemanagement Solutions LTD)

Short Sales. Since the time the Purchaser was first contacted about the offering of the Shares and the transactions contemplated hereby, the Purchaser has not taken, and prior to the public announcement of the transaction to be made after the Closing the Purchaser shall not take, any action that has caused or will cause the Purchaser to have, directly or indirectly, sold or agreed to sell any Ordinary Shares, effected any short sale, whether or not against the box, established any “put equivalent position” (as defined in Rule 16a-1(h) under the Exchange Act Act) with respect to the Ordinary Shares, granted any other right (including, without limitation, any put or call option) with respect to the Ordinary Shares or with respect to any security that includes, relates to or derived any significant part of its value from the Ordinary Shares.

Appears in 2 contracts

Samples: Purchase Agreement (Abengoa Sa), Form of Purchase Agreement (Telvent Git S A)

Short Sales. Since the time the each Purchaser was first contacted learned about the offering of the Shares and the transactions transaction contemplated hereby, the each such Purchaser has not taken, and prior to the public announcement of the transaction to be made after the Closing the each such Purchaser shall not take, any action that has caused or will cause the such Purchaser to have, directly or indirectly, sold or agreed to sell any of the Company's Ordinary Shares, effected any short sale, whether or not against the box, established any "put equivalent position" (as defined in Rule 16a-1(h) under the Exchange Act Act) with respect to the Ordinary Shares, granted any other right (including, without limitation, any put or call option) with respect to the Ordinary Shares or with respect to any security that includes, relates to or derived any significant part of its value from the Ordinary Shares.

Appears in 2 contracts

Samples: Share Purchase Agreement (Challen Roger), Share Purchase Agreement (Mer Chaim)

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Short Sales. Since the time the Purchaser was first contacted about by the offering of Company concerning the Shares and the transactions transaction contemplated herebyby this Agreement, the Purchaser has not taken, and prior to the public announcement of the transaction to be made after the Closing execution of this Agreement and the purchase agreements of the Other Purchasers, the Purchaser shall not take, any action that has caused or will cause the Purchaser to have, directly or indirectly, sold or agreed to sell any Ordinary Shares, effected any short sale, whether or not against the box, established any “put equivalent position” (as defined in Rule 16a-1(h) under the Exchange Act with respect to the Ordinary Shares, granted any other right (including, without limitation, any put or call option) with respect to the Ordinary Shares or with respect to any security that includes, relates to or derived any significant part of its value from the Ordinary Shares.

Appears in 1 contract

Samples: Purchase Agreement (Salon Media Group Inc)

Short Sales. Since the time the Purchaser was first contacted about the offering of the Shares Securities and the transactions contemplated hereby, the Purchaser has not taken, and prior to the public announcement of the transaction to be made after the Closing the Purchaser shall not take, any action that has caused or will cause the Purchaser to have, directly or indirectly, sold or agreed to sell any Ordinary Shares, effected any short sale, whether or not against the box, established any "put equivalent position" (as defined in Rule 16a-1(h) under the Exchange Act with respect to the Ordinary Shares, granted any other right (including, without limitation, any put or call option) with respect to the Ordinary Shares or with respect to any security that includes, relates to or derived any significant part of its value from the Ordinary Shares.

Appears in 1 contract

Samples: Purchase Agreement (Metalink LTD)

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