Common use of Shorting Clause in Contracts

Shorting. Neither Laurus nor any of its Affiliates or investment partners has engaged in "short sales" of the Company's Common Stock or any other hedging strategies, and neither Laurus nor any of its Affiliates will, or cause any person or entity, directly or indirectly, to, engage in "short sales" of Company's Common Stock or any other hedging strategies directly involving the Company’s Common Stock as long as any Minimum Borrowing Note shall be outstanding.

Appears in 1 contract

Samples: Security Agreement (Gvi Security Solutions Inc)

AutoNDA by SimpleDocs

Shorting. Neither Laurus nor any of its Affiliates or investment partners has engaged in "short sales" of the Company's Common Stock or any other hedging strategieshas, and neither Laurus nor any of its Affiliates will, or will cause any person or entity, to directly or indirectly, to, engage in "short sales" of Company's Common Stock or any other hedging strategies common stock directly involving the 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 (Conversion Services International Inc)

Shorting. Neither Laurus nor any of its Affiliates or investment partners has engaged in "short sales" of the Company's Common Stock or any other hedging strategies, and neither Laurus nor any of its Affiliates will, or cause any person or entity, directly or indirectly, to, engage in "short sales" of Company's Common Stock or any other hedging strategies directly involving the Company’s 's Common Stock as long as any Minimum Borrowing Note shall be outstanding.

Appears in 1 contract

Samples: Security Agreement (Gvi Security Solutions Inc)

Shorting. Neither Laurus nor any of its Affiliates or investment partners has has, directly or indirectly, engaged in "short sales" sales of the Company's ’s Common Stock or any other hedging strategies, and neither Stock. Neither Laurus nor any of its Affiliates or investments partners, directly or indirectly, will, or will cause any person or entity, to directly or indirectly, to, engage in "short sales" of Company's Common Stock or any other hedging strategies directly involving the Company’s Common Stock as long as any Minimum Borrowing Note shall be outstanding.

Appears in 1 contract

Samples: Security Agreement (Digital Lifestyles Group Inc)

AutoNDA by SimpleDocs

Shorting. Neither Laurus nor any of its Affiliates or investment partners has has, directly or indirectly, engaged in "short sales" sales of the Company's Common Stock or any other hedging strategies, and neither Stock. Neither Laurus nor any of its Affiliates or investments partners, directly or indirectly, will, or will cause any person or entity, to directly or indirectly, to, engage in "short sales" of Company's Common Stock or any other hedging strategies directly involving the Company’s Common Stock as long as any Minimum Borrowing Note shall be outstanding.

Appears in 1 contract

Samples: Security Agreement (Digital Lifestyles Group Inc)

Shorting. Neither Laurus nor any of its Affiliates or investment partners has engaged in "short sales" of the Company's Common Stock or any other hedging strategieshas, and neither Laurus nor any of its Affiliates will, or will cause any person or entity, directly or indirectly, indirectly to, engage in "short sales" of Company's Common Stock common stock or any other hedging strategies directly involving the related to Company’s 's Common Stock as long as any Minimum Borrowing Note shall be outstanding.

Appears in 1 contract

Samples: Security Agreement (Global Payment Technologies Inc)

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