Common use of Cease discussions Clause in Contracts

Cease discussions. On the date of this Agreement, the Vendors and the Company shall, and shall cause each of their respective representatives to, cease immediately any existing activities, discussions or negotiations with any third party with respect to a Competing Acquisition Proposal or any other transaction which could reasonably be expected to lead to a Competing Acquisition Proposal.

Appears in 2 contracts

Sources: Agreement for Sale and Purchase of Shares, Agreement for Sale and Purchase of Shares (SMART Technologies Inc.)