Limitations on Other Sales by the Glazers Sample Clauses

Limitations on Other Sales by the Glazers. The Glazers each covenant and agree that from the date hereof until the End Date (as defined below), neither the Glazers, nor any other member of the Glazxx Xxxup (as defined below) shall, directly or indirectly, sell, offer, contract to sell, make any short sale, pledge or otherwise dispose of any shares of Common Stock or any securities convertible into or exchangeable for, Common Stock or any options, warrants or rights to purchase or acquire Common Stock (collectively a "Sale Transaction") other then pursuant to this Agreement without first providing the Company with (i) ten (10) days' prior written notice, (ii) a certificate (the "Certificate") in which the Glazers and any other member of the Glazxx Xxxup which is a party to the proposed Sale Transaction represent and warrant to the Company that (A) such Sale Transaction (1) is in compliance with all applicable federal or state securities laws, including without limitation Rule 10b-18 under the Exchange Act and (2) will not result in the Company's continued consummation of the Repurchase Plan (on terms described to the Glazers by the Company contemporaneous with the provision of such representation) being in violation of Regulation M or Rule 10b-18 under the Exchange Act and (B) that such representations and warranties have been made after consultation with counsel reasonably believed by the Glazers to be expert in federal securities law and (iii) an indemnification agreement, in form and substance acceptable to the Glazers, the Company and their respective counsels, pursuant to which the Glazers indemnify the Company against any losses which the Company may suffer as a result of the falsity or incorrectness of any representation or warranty made by the Glazers in the Certificate.
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Related to Limitations on Other Sales by the Glazers

  • Limitations on Asset Sales (a) The Issuer will not, and will not permit any Restricted Subsidiary to, directly or indirectly, consummate any Asset Sale unless:

  • Further Limitations on Disposition The Purchaser further agrees not to make any disposition directly or indirectly of all or any portion of the Shares unless and until:

  • Limitations on Distributions Notwithstanding any provision to the contrary contained in this Agreement, the Company shall not make any distribution if such distribution would violate the Act or other applicable law or would cause a breach or default under any agreement or instrument to which the Company is a party or by which it or its assets are bound, but instead shall make such distribution as soon as practicable such that the making of such distribution would not cause such violation, breach or default.

  • Limitations on Investments The Company will not, and will not permit any of its Subsidiaries to, make any Investment other than (i) a Permitted Investment or (ii) an Investment that is made as a Restricted Payment in compliance with Section 4.7 hereof.

  • Limitations on Mergers and Consolidations The Company shall not, in any transaction or series of transactions, consolidate with or merge into any Person, or sell, lease, convey, transfer or otherwise dispose of all or substantially all of its assets to any Person, unless:

  • Limitations on Sales and Leasebacks Enter into any arrangement with any Person providing for the leasing by the Borrower of real or personal property which has been or is to be sold or transferred by the Borrower to such Person or to any other Person to whom funds have been or are to be advanced by such Person on the security of such property or rental obligations of the Borrower ("Sale and Leaseback Transactions").

  • Limitations on Debt Create, incur, assume or suffer to exist any Debt except:

  • Limitations on Distribution Notwithstanding any provision to the contrary contained in this Agreement, the General Partner shall not make a Partnership distribution to any Partner if such distribution would violate Section 17-607 of the Act or other applicable Law.

  • Limitations on Disposition No Grantor will sell, license, lease, transfer or otherwise dispose of any of the Collateral, or attempt or contract to do so except as permitted by the Credit Agreement.

  • Limitations on Sale Leasebacks The Borrower will not, and will not permit any of the Restricted Subsidiaries to, enter into or effect any Sale Leasebacks, other than Permitted Sale Leasebacks.

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