Common use of Market Manipulation Clause in Contracts

Market Manipulation. The Company has not, and to its knowledge no one acting on its behalf has, (i) taken, directly or indirectly, any action designed to cause or to result in the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of any of the Shares, (ii) sold, bid for, purchased, or paid any compensation for soliciting purchases of, any of the Shares or (iii) paid or agreed to pay to any person any compensation for soliciting another to purchase any other securities of the Company, other than, in the case of clauses (ii) and (iii), compensation paid to the Manager in connection with the placement of the Shares.

Appears in 6 contracts

Samples: Market Offering Agreement (Quantum Fuel Systems Technologies Worldwide, Inc.), Controlled Equity Offering Agreement (Apricus Biosciences, Inc.), Controlled Equity Offering Agreement (Biolase Technology Inc)

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