LOCK-UP UNDERTAKING. The Buyer agrees to enter into a customary lock-up undertaking in connection with the IPO in substantially the same form as entered into by the Sellers.
LOCK-UP UNDERTAKING. Save for the lending of shares pursuant to the stock borrowing agreement (as defined in the prospectus to be issued by the Company), during the term of Proxy Term, without the prior written consent of the Investor, Bitauto shall not, and shall procure that its Controlled Affiliates will not:
LOCK-UP UNDERTAKING. 14.1 The right of the Sponsors to transfer their Founder Warrants, Special Shares, Capital Shares, Units, Warrants and Ordinary Shares or any interest therein or any securities convertible into or exercisable or exchangeable for, or substantially similar to, such securities is contractually restricted in accordance with the underwriting agreement for the Offering.
LOCK-UP UNDERTAKING. 12.1 The right of the Sponsors to transfer their Founder Warrants, Special Shares, Davey Call Option, the Ordinary Shares obtained as a result of converting Special Shares, Ordinary Shares and Warrants acquired by HTP in the Offering and Special Shares or Ordinary Shares obtained through exercising the Davey Call Option (if exercised after completion of the Business Combination) is contractually restricted.
LOCK-UP UNDERTAKING. 7.1 The Vendor and the Vendor’s Guarantor, jointly and severally, irrevocably and unconditionally, undertake to, and covenant with, the Purchaser that for the period commencing from the date of allotment and issue of the relevant Consideration Shares and ending on the expiry of six (6) months from the date of allotment and issue of the relevant Consideration Shares, the Vendor (or its nominee) shall not, and the Vendor’s Guarantor shall procure the Vendor (or its nominee) not to, directly or indirectly, offer, lend, sell, contract to sell, pledge, grant any option to purchase or otherwise transfer or dispose of any Consideration Shares (or any securities convertible into or exchangeable for or which carry rights to subscribe or purchase Consideration Shares) or enter into a transaction (including a derivative transaction) having an economic effect similar to that of a sale or enter into any swap or similar agreement that transfers, in whole or in part, the economic risk of ownership of Consideration Shares, whether any such transaction described above is to be settled by delivery of Consideration Shares or such other securities, in cash or otherwise or publicly announce any intention to offer, lend, sell, contract to sell, pledge, grant any option to purchase or otherwise transfer or dispose of any Consideration Shares (or any securities convertible into or exchangeable for or which carry rights to subscribe or purchase Consideration Shares) or enter into any swap or similar agreement described above or deposit any Consideration Shares (or any securities convertible into or exchangeable for Consideration Shares) in any depositary receipt facility.
LOCK-UP UNDERTAKING. The Warrant Shares may be subject to a 180 lock up undertaking towards the underwriter of the Company in the IPO, and the Holder hereby agrees that such Warrant Shares, upon exercise of this Warrant, shall be subject to such lock up undertaking and to sign and execute any and all lock up agreement provided by the underwriter in such IPO, provided other shareholders of the Company sign the same lock up agreement.
LOCK-UP UNDERTAKING. All holders of the Consideration Shares shall execute in favour of the Listco a deed of undertaking in the form set out in Schedule 8 hereto (“Lock-Up Undertaking”), pursuant to which he/she/it shall undertake not to transfer his/her/its interests in the relevant Consideration Shares as follows (“Lock-Up Period”):
LOCK-UP UNDERTAKING. The Seller agrees that it will not, without prior written consent of the Purchaser or other than in accordance with the provisions of this Section 15.4 for a period of three years following the Closing Date (i) directly or indirectly offer, sell contract to sell, loan, pledge, sell an option to buy, or buy an option to sell any of the Consideration Shares or otherwise assign or sell the Consideration Shares or (ii) enter into any transaction (including swap hedging, short sale or similar transactions) that transfers to a Third Party, in whole or in part, the economic risk of holding the Consideration Shares regardless of whether any such transaction is to be settled by delivery of shares, or in cash, or by other consideration. The foregoing restrictions will not apply to
LOCK-UP UNDERTAKING. In order to facilitate any underwritten offering pursuant to the exercise of a demand registration right under Section 2.1, if required by the managing underwriter, Shareholder agrees that it will execute and cause any other Holders to execute an agreement with the underwriters restricting the sale of any Registrable Securities held by each Holder that are not sold pursuant to such offering for such period following the date of commencement of such offering as may be requested by the underwriters.
LOCK-UP UNDERTAKING. The Subscriber has undertaken that without the prior written consent of the Company, it will not whether directly or indirectly, at any time during the Lock-up Period dispose of any legal or beneficial interests in the Subscription Shares. Ranking The Subscription Shares, when issued and fully paid, will rank pari passu in all respects with the existing Shares in issue as at the date of issue of the Subscription Shares. Application for listing Application will be made to the Stock Exchange for the grant of the listing of, and permission to deal in the Subscription Shares. Conditions Completion of the Subscription Agreement shall be subject to and conditional upon the following:
