Standstill Provisions definition
Examples of Standstill Provisions in a sentence
The Purchaser hereby acknowledges and agrees that: (i) the Company is hereby waiving the Standstill Provisions solely with respect to the Shares purchased hereby, and (ii) that notwithstanding the foregoing the Standstill Provisions remain in full force and effect.
In the event the Company enters into any confidentiality agreement with a party pursuant to the provisions of this Section 6.8(e) that does not include terms and conditions that are substantially similar to those contained in the sixth paragraph of the Confidentiality Agreement (the "Standstill Provisions"), then the Parent Corporation and its Subsidiaries will be released from their obligations under the Standstill Provisions to the same extent as such party.
Notwithstanding the foregoing, the Standstill Provisions shall automatically terminate and be of no further force or effect upon the termination of this Agreement in accordance with its terms.
Certain Issues of Shares 9 ARTICLE V Standstill Provisions 10 SECTION 5.01.
The restrictions on the Parent Corporation and the Acquisition Corporation contained in the Standstill Provisions are hereby waived by the Company to the extent reasonably required to permit the Parent Corporation and the Acquisition Corporation to comply with their obligations or enforce their rights under this Agreement.
The restrictions on the Parent Corporation and the Acquisition Corporation contained in the Standstill Provisions of the Confidentiality Agreement between the Parent Corporation and the Company are hereby waived by the Company to the extent reasonably required to permit the Parent Corporation and the Acquisition Corporation to comply with their obligations or enforce their rights under this Agreement.
Section 14.1 (Standstill Provisions) and 14.5 (No Partnerships) of the Corporate Partnership Agreement are hereby deleted.
In addition, if the Closing occurs, the Standstill Provisions of said Confidentiality Agreement shall remain in full force and effect.
If CalHFA has become the owner, then upon a sale, conveyance, transfer or otherwise from CalHFA to another entity (“Successor Entity”), Locality and CalHFA agree that the Successor Entity shall become the new owner of the Project and shall be subject to all provisions of the Locality Affordability Restrictions, including the Standstill Provisions, for the remaining term of the Locality Affordability Restrictions.
Certain Issues of Shares 10 ARTICLE V Standstill Provisions 10 SECTION 5.01.