Suspension of Purchases. The Company acknowledges and agrees that Xxxxxx may suspend purchases under this Purchase Plan in the event that: 1. Broker determines that it is prohibited from purchasing Shares by a legal, contractual or regulatory restriction applicable to it or its affiliates or to the Company and its affiliates (other than any such restriction relating to the Company’s possession or alleged possession of material nonpublic information about the Company or the Shares). 2. Broker determines, in its sole discretion, that a market disruption has occurred, beyond the control of Broker that would materially interfere with Xxxxxx’s ability to carry out the terms of this Purchase Plan. 3. Trading in the Shares is halted or suspended. 4. If any purchases cannot be executed as required by this Purchase Plan due to any of the events specified in Sections (D)(1), (D)(2) or (D)(3), Broker shall effect such purchases as promptly as practicable after the cessation or termination of such disruption, applicable restriction or other event.
Appears in 4 contracts
Samples: Stock Purchase Plan (Andina Acquisition Corp), Stock Purchase Plan (Andina Acquisition Corp), Stock Purchase Plan (Andina Acquisition Corp)
Suspension of Purchases. The Company acknowledges Sponsors acknowledge and agrees agree that Xxxxxx Bxxxxx may suspend purchases under this Purchase Plan in the event that:
1. Broker determines that it is prohibited from purchasing Shares Warrants by a legal, contractual or regulatory restriction applicable to it or its affiliates or to the Company any Sponsor and its affiliates (other than any such restriction relating to the Companysuch Sponsor’s possession or alleged possession of material nonpublic information about the Company or the SharesCompany).
2. Broker determines, in its sole discretion, that a market disruption has occurred, beyond the control of Broker that would materially interfere with XxxxxxBxxxxx’s ability to carry out the terms of this Purchase Plan.
3. Trading in the Shares Warrants is halted or suspended.
4. If any purchases cannot be executed as required by this Purchase Plan due to any of the events specified in Sections (D)(1), (D)(2) or (D)(3), Broker shall effect such purchases as promptly as practicable after the cessation or termination of such disruption, applicable restriction or other event.
Appears in 3 contracts
Samples: Warrant Purchase Plan (Infinity Cross Border Acquisition Corp), Warrant Purchase Plan (Infinity Cross Border Acquisition Corp), Warrant Purchase Plan (Infinity Cross Border Acquisition Corp)
Suspension of Purchases. The Company acknowledges and agrees that Xxxxxx Broker may suspend purchases under this Purchase Plan in the event that:
1. Broker determines that it is prohibited from purchasing Shares Stock by a legal, contractual or regulatory restriction applicable to it or its affiliates or to the Company and its affiliates (other than any such restriction relating to the Company’s possession or alleged possession of material nonpublic information about the Company American Midstream or the SharesStock).; or
2. Broker determines, in its sole discretion, discretion that a market disruption has occurred, beyond the control of Broker that would materially interfere with XxxxxxBroker’s ability to carry out the terms of this Purchase Plan.; or
3. Trading in the Shares Stock is halted or suspended.
4. If any purchases cannot be executed as required by this Purchase Plan due to any of the events specified in Sections Paragraphs (D)(11), (D)(22) or (D)(3)3) above, Broker shall effect such purchases as promptly as practicable after the cessation or termination of such disruption, applicable restriction or other event.
Appears in 1 contract
Samples: Stock Purchase Plan (High Point Infrastructure Partners, LLC)
Suspension of Purchases. The Company acknowledges and agrees that Xxxxxx Bxxxxx may suspend purchases under this Purchase Plan in the event that:
1. Broker determines that it is prohibited from purchasing Shares by a legal, contractual or regulatory restriction applicable to it or its affiliates or to the Company and its affiliates (other than any such restriction relating to the Company’s possession or alleged possession of material nonpublic information about the Company or the Shares).
2. Broker determines, in its sole discretion, that a market disruption has occurred, beyond the control of Broker that would materially interfere with XxxxxxBxxxxx’s ability to carry out the terms of this Purchase Plan.
3. Trading in the Shares is halted or suspended.
4. If any purchases cannot be executed as required by this Purchase Plan due to any of the events specified in Sections (D)(1), (D)(2) or (D)(3), Broker shall effect such purchases as promptly as practicable after the cessation or termination of such disruption, applicable restriction or other event.
Appears in 1 contract
Samples: Stock Purchase Plan (Infinity Cross Border Acquisition Corp)
Suspension of Purchases. The Company acknowledges and agrees that Xxxxxx Broker may suspend purchases under this Purchase Plan in the event that:
1. Broker determines that it is prohibited from purchasing Shares by a legal, contractual or regulatory restriction applicable to it or its affiliates or to the Company and its affiliates and/or its affiliated purchasers as defined under Rule 10b-18 (other than any such restriction relating to the Company’s possession or alleged possession of material nonpublic information about the Company or the Shares).
2. Broker determines, in its sole discretion, that a market disruption has occurred, beyond the control of Broker that would materially interfere with XxxxxxBroker’s ability to carry out the terms of this Purchase Plan.
3. Trading in the Shares is halted or suspended.
4. If any purchases cannot be executed as required by this Purchase Plan due to any of the events specified in Sections (D)(1), (D)(2) or (D)(3), Broker shall effect such purchases as promptly as practicable after the cessation or termination of such disruption, applicable restriction or other event.
Appears in 1 contract
Suspension of Purchases. The Company Xx. Xxxxx acknowledges and agrees that Xxxxxx CGM may suspend purchases under this Purchase Plan in the event that:
1. Broker CGM determines that it is prohibited from purchasing Shares Stock by a legal, contractual or regulatory restriction applicable to it or its affiliates or to the Company Xx. Xxxxx and its his affiliates (other than any such restriction relating to the Company’s Xx. Xxxxx’x possession or alleged possession of material nonpublic information about the Company or the SharesStock).
2. Broker CGM determines, in its sole discretion, discretion that a market disruption has occurred, beyond the control of Broker CGM that would materially interfere with XxxxxxCGM’s ability to carry out the terms of this Purchase Plan.
3. Trading in the Shares Stock is halted or suspended.
4. If any purchases cannot be executed as required by this Purchase Plan due to any of the events specified in Sections Paragraphs (D)(11), (D)(22) or (D)(33), Broker CGM shall effect such purchases as promptly as practicable after the cessation or termination of such disruption, applicable restriction or other event.
Appears in 1 contract
