Common use of No Short Position Clause in Contracts

No Short Position. The Seller covenants that it will not, directly or indirectly, or through one or more intermediaries, maintain any “short position” (as hereinafter defined) in the Seller Shares during the “Distribution Compliance Period” (as hereinafter defined). For purposes of this Section 6(e)(iv), a “short position” shall mean any sale of a security which the seller does not own or any sale which is consummated by the delivery of a security borrowed by, or for the account of, the seller; and the “Distribution Compliance Period” shall mean the date which is twelve months from the date of issuance.

No Short Position. The Seller covenants that it will not, directly or indirectly, or through one or more intermediaries, maintain any “short position” (as hereinafter defined) in the Seller Shares during the “Distribution Compliance Period” (as hereinafter defined). For purposes of this Section 6(e)(iv6(e)(vi), a “short position” shall mean any sale of a security which the seller does not own or any sale which is consummated by the delivery of a security borrowed by, or for the account of, the seller; and the “Distribution Compliance Period” shall mean the date which is twelve months from the date of issuance.

No Short Position. The Seller covenants Sellers covenant that it they will not, directly or indirectly, or through one or more intermediaries, maintain any “"short position” " (as hereinafter defined) in the Seller Sellers; Shares during the “"Distribution Compliance Period” " (as hereinafter defined). For purposes of this Section 6(e)(iv), a “"short position” " shall mean any sale of a security which the seller does Sellers do not own or any sale which is consummated by the delivery of a security borrowed by, or for the account of, the sellerSellers; and the “"Distribution Compliance Period” " shall mean the date which is twelve months from the date of issuance.