Common use of Shorting Clause in Contracts

Shorting. Neither Laurus nor any of its Affiliates or investment partners has, will, or will cause any person or entity, to directly engage in “short sales” of Company’s common stock directly related to Company’s Common Stock as long as any Note (as defined in each of this Agreement and the Securities Purchase Agreement) shall be outstanding.

Appears in 1 contract

Samples: Security Agreement (Conversion Services International Inc)

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Shorting. Neither Laurus nor any of its Affiliates or investment partners has, will, or will cause any person or entity, to directly or indirectly to, engage in "short sales" of Company’s 's common stock or any other hedging strategies directly related to Company’s 's Common Stock as long as any Note (as defined in each of this Agreement and the Securities Purchase Agreement) Notes shall be outstanding.

Appears in 1 contract

Samples: Security Agreement (Home Solutions of America Inc)

Shorting. Neither Laurus nor any of its Affiliates or investment partners has, will, or will cause any person or entityPerson, to directly engage in "short sales" of the Company’s common stock directly related to Company’s 's Common Stock as long as any Note (as defined in each of this Agreement and the Securities Purchase Agreement) Notes shall be outstanding.

Appears in 1 contract

Samples: Security and Purchase Agreement (Essential Innovations Technology Corp)

Shorting. Neither Laurus nor any of its Affiliates or investment partners has, will, or will cause any person or entityentity nor will it permit any Affiliate, to directly or indirectly to, engage in "short sales" of Company’s common stock 's Common Stock directly related to Company’s 's Common Stock as long as any Minimum Borrowing Note (as defined in each of this Agreement and the Securities Purchase Agreement) shall be outstanding.

Appears in 1 contract

Samples: Security Agreement (DSL Net Inc)

Shorting. Neither Laurus nor any of its Affiliates or investment partners has, will, or will cause any person or entityPerson to, to directly engage in “short sales” of Company’s common stock directly related to the Company’s Common Stock as long as any Note (as defined in each of this Agreement and the Securities Purchase Agreement) shall be outstandingoutstanding and for a period of one year after all Obligations under the Notes have been paid in full.

Appears in 1 contract

Samples: Registration Rights Agreement (Miscor Group, Ltd.)

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Shorting. Neither Laurus nor any of its Affiliates or investment partners has, will, or will cause any person or entityPerson, to directly engage in "short sales" of the Company’s common stock directly related to Company’s 's Common Stock as long as any the Secured Revolving Note (as defined in each of this Agreement and the Securities Purchase Agreement) shall be outstanding.

Appears in 1 contract

Samples: Security and Purchase Agreement (Reliant Home Warranty Corp)

Shorting. Neither Laurus nor any of its Affiliates or investment partners has, will, or will cause any person or entity, to directly or indirectly to, engage in "short sales" of Company’s 's common stock directly related to Company’s 's Common Stock as long as any Note (as defined in each of this Agreement and the Securities Purchase Agreement) Obligations shall be outstanding.

Appears in 1 contract

Samples: Security Agreement (Return on Investment Corp)

Shorting. Neither Laurus nor any of its Affiliates or investment partners has, will, or will cause any person or entity, to directly engage in "short sales" of Company’s common stock directly related to Company’s 's Common Stock as long as any Minimum Borrowing Note (as defined in each of this Agreement and the Securities Purchase Agreement) shall be outstanding.

Appears in 1 contract

Samples: Security Agreement (Bp International Inc)

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