Common use of Pending Acquisitions Clause in Contracts

Pending Acquisitions. With respect to any acquisition of assets or securities by the Company or any of its subsidiaries, the agreement for which has been executed as of the date of this Agreement, the closing of such acquisition, and the obligations of the parties thereunder, are not conditioned in any respect on the maintenance at any given level of the closing bid, ask or sale price of the Common Stock as quoted by Nasdaq.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Samstock LLC), Securities Purchase Agreement (Metal Management Inc), Securities Purchase Agreement (Metal Management Inc)