Hedging Restriction Clause Samples

Hedging Restriction. No member of the B▇▇▇ Group or the Silver Lake Group shall enter into any hedge, swap, short sale, derivative transaction or other agreement or arrangement that is designed to, or has the effect of, hedging the economic consequences of ownership of the Notes or any shares of Company Common Stock issuable or issued upon conversion of any of the Notes then held by the B▇▇▇ Group or the Silver Lake Group, as applicable. For the avoidance of doubt, nothing in this paragraph 2(b) shall prohibit any Permitted Loan.

Hedging Restriction. Prior to the four-year anniversary of this Agreement, no Individual Stockholder may engage, directly or indirectly, in any “short sale” (as defined in Rule 200 of Regulation SHO promulgated under the Exchange Act) of Buyer Stock or establish an open “put equivalent position” (within the meaning of Rule 16a-1(h) under the Exchange Act) with respect to the Buyer Stock.

Hedging Restriction. Prior to the Insight Free Trade Date, no Insight Stockholder may engage, directly or indirectly, in any “short sale” (as defined in Rule 200 of Regulation SHO promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) of Buyer Stock or establish an open “put equivalent position” (within the meaning of Rule 16a-1(h) under the Exchange Act) with respect to the Buyer Stock.

Hedging Restriction. During the Holding Period, neither said Brokerage Firm nor the Shareholder may sell short any Common Stock or enter into any kind of straddle or any other kind of price hedging transaction with respect to the Registered Synagro Shares; provided that, commencing on the first anniversary of the date of this Agreement, the Shareholder may sell short shares of Common Stock and enter into straddles or other price hedging transaction with respect to Registered Synagro Shares in such amounts and at such intervals as provided in rule 144 of the Securities Act as if such Registered Synagro Shares constituted Unregistered Synagro Shares.