Common use of No Short Position Clause in Contracts

No Short Position. Neither the Buyer(s) nor any of its affiliates have an open short position in the Common Stock of the Company, and the Buyer(s) agrees that it shall not, and that it will cause its affiliates not to, engage in any short sales of or hedging transactions with respect to the Common Stock as long as any Convertible Debentures shall remain outstanding.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Tech Laboratories Inc), Securities Purchase Agreement (Tech Laboratories Inc)

No Short Position. Neither Each of the Buyer(s) nor Buyers and any of its affiliates do not have an open short position in the Common Stock of the CompanyStock, and the Buyer(s) each Buyer agrees that it shall will not, and that it will cause its affiliates not to, engage in any short sales of of, or hedging transactions with respect to the Common Stock as long as any until such Buyer no longer owns a principal balance of the Convertible Debentures shall remain outstandingDebentures.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Cenuco Inc), Securities Purchase Agreement (Cenuco Inc)

No Short Position. Neither Each of the Buyer(s) nor Buyers and any of its affiliates do not have an open short position in the Common Stock of the CompanyStock, and the Buyer(s) each Buyer agrees that it shall will not, and that it will cause its affiliates not to, engage in any short sales of of, or hedging transactions with respect to the Common Stock as long as any until the earlier to occur of (i) the fifth anniversary of the Closing Date and (ii) the Buyer(s) no longer own a principal balance of the Convertible Debentures shall remain outstandingDebentures.

Appears in 1 contract

Sources: Securities Purchase Agreement (First Look Studios Inc)

No Short Position. Neither Each of the Buyer(s) nor Buyer and any of its affiliates ------------------- Affiliates do not have an open short position in the Common Stock of the CompanyStock, and the Buyer(s) Buyer agrees that it shall will not, and that it will cause its affiliates Affiliates not to, engage in any short sales of of, or hedging transactions with respect to the Common Stock as long as any until the earlier to occur of (i) the fifth anniversary of the Closing Date and (ii) the Buyer no longer owns a principal balance of the Convertible Debentures shall remain outstandingDebenture.

Appears in 1 contract

Sources: Securities Purchase Agreement (Charys Holding Co Inc)

No Short Position. Neither the Buyer(s) Buyer nor any of its affiliates have an open short position in the Common Stock of the Company, and the Buyer(s) Buyer agrees that it shall not, and that it will cause its affiliates not to, engage in any short sales of or hedging transactions with respect to the Common Stock as long as any Convertible Debentures Notes shall remain outstanding.

Appears in 1 contract

Sources: Securities Purchase Agreement (Infinity Resources Holdings Corp.)

No Short Position. Neither Each of the Buyer(s) nor Buyers and any of its affiliates do not have an open short position in the Common Stock of the CompanyStock, and the Buyer(s) each Buyer agrees that it shall will not, and that it will cause its affiliates not to, engage in any short sales of of, or hedging transactions with respect to the Common Stock as long as any until the earlier to occur of (i) the third anniversary of the Closing Date and (ii) the Buyer no longer owns a principal balance of the Convertible Debentures shall remain outstandingDebenture.

Appears in 1 contract

Sources: Securities Purchase Agreement (Nanoscience Technologies Inc)

No Short Position. Neither Each of the Buyer(s) nor Buyer and any of its affiliates ------------------- Affiliates do not have an open short position in the Common Stock of the CompanyStock, and the Buyer(s) Buyer agrees that it shall will not, and that it will cause its affiliates Affiliates not to, engage in any short sales of of, or hedging transactions with respect to the Common Stock as long as any until the earlier to occur of (i) the fifth anniversary of the Closing Date, or (ii) the Buyer no longer owns a principal balance of the Convertible Debentures shall remain outstandingDebenture.

Appears in 1 contract

Sources: Securities Purchase Agreement (Charys Holding Co Inc)

No Short Position. Neither Each of the Buyer(s) nor Buyers and any of its affiliates do not have an open short position in the Common Stock of the CompanyStock, and the Buyer(s) each Buyer agrees that it shall will not, and that it will cause its affiliates not to, engage in any short sales of of, or hedging transactions with respect to the Common Stock as long as any Convertible Debentures shall remain outstandingStock.

Appears in 1 contract

Sources: Securities Purchase Agreement (Oxford Ventures Inc)