THE PURCHASER'S STANDSTILL OBLIGATIONS Sample Clauses

THE PURCHASER'S STANDSTILL OBLIGATIONS. 4.1.1. From the date hereof until the earlier of (i) the Closing or (ii) the termination of this Agreement under Section 9.2 hereof, no member of the Purchaser Control Group shall acquire the Beneficial Ownership of Voting Shares or Non Voting Convertible Securities, or any securities of USDATA, or authorize or make a tender offer, exchange offer or other offer or proposal, whether oral or written, to acquire the Beneficial Ownership of Voting Shares.
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THE PURCHASER'S STANDSTILL OBLIGATIONS. (a) Notwithstanding anything to the contrary contained herein and only during the Standstill Period, none of the Purchaser, any Affiliate of the Purchaser or any 13D Group of which Purchaser or any of its Affiliates is a member shall, directly or indirectly, acquire or Beneficially Own Voting Stock or authorize or make a tender offer, exchange offer or other offer therefor, if the effect of such acquisition would be to increase the percentage of Total Current Voting Power represented by all Shares Beneficially Owned by the Purchaser (including any Shares acquired by the Purchaser pursuant to the exercise of any Warrant but excluding any Shares that remain subject to the Warrant) to more than the Standstill Limit, provided that, the foregoing shall not prohibit the Purchaser and/or any of its Affiliates from making a Purchaser Tender Offer during the Standstill Period that has been approved by a majority of Disinterested Directors.
THE PURCHASER'S STANDSTILL OBLIGATIONS. 2.1.1. Purchaser represents and warrants that as of the date hereof no member of the Purchaser Control Group Beneficially Owns any Voting Shares of the Company. From the date hereof until the earlier of (i) the closing under the Asset Purchase Agreement or (ii) the termination of this Agreement under Sections 6.2.1, 6.2.2 and 6.2.3 hereof, no member of the Purchaser Control Group shall acquire the Beneficial Ownership of Voting Shares or Non Voting Convertible Securities, or authorize or make a tender offer, exchange offer or other offer or proposal, whether oral or written, to acquire the Beneficial Ownership of Voting Shares.

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