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.
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.
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.
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.
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.
DiDonato, Delaware Insider: “Don’t Ask, Don’t Waive” Standstill Provisions: Impermissible Limitation on Director Fiduci- ary Obligations or Legitimate, Value-Maximizing Tool?, 2013 Jan.
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) notwithstanding the foregoing, the Standstill Provision remains in full force and effect.
Payment Subordination and Payment Block 14 2.1 Subordination of Junior Lien Obligations to Senior Lien Obligations 14 2.2 Junior Lien Obligations Payment Restrictions 15 2.3 Junior Lien Obligations Standstill Provisions 16 2.4 Liquidation, Dissolution, Bankruptcy 16 SECTION 3.
Bell, Chancery Court Provides Guidance on Don’t Ask Don’t Waive Standstill Provisions, DEL.