Restrictions on Hedging. Without limiting Section 3.1, prior to the termination of this Agreement, without Parent’s prior written consent, such Stockholder shall not directly or indirectly enter into any forward sale, hedging or similar transaction involving any shares of Company Common Stock or Company Securities, including any transaction by which any of such Stockholder’s economic risks and/or rewards or ownership of, or voting rights with respect to, any such Company Common Stock or Company Securities are transferred or affected.
Restrictions on Hedging. Prior to the termination of this Agreement, without Parent’s prior written consent, the Stockholder shall not directly or indirectly enter into any forward sale, hedging or similar transaction involving any Company Securities, or involving any shares of Parent Common Stock that the Stockholder will receive at the Effective Time upon the Closing of the Amalgamation pursuant to the Plan of Amalgamation, including any transaction by which any of the Stockholder’s economic risks and/or rewards or ownership of, or voting rights with respect to, any such Company Securities or Parent Common Stock are transferred or affected; provided, however, the Stockholder shall be permitted to grant stock options pursuant to a share option plan to purchase shares of Parent Common Stock and shall be permitted to enter into any amendments to the terms of the STTC GC Share Option Plan.
Restrictions on Hedging. Prior to the termination of this Agreement, without the Company’s prior written consent, the Stockholder shall not directly or indirectly enter into any forward sale, hedging or similar transaction involving any Mercury Securities, including any transaction by which any of the Stockholder’s economic risks and/or rewards or ownership of, or voting rights with respect to, any such Mercury Securities or Mercury Common Stock are transferred or affected.
Restrictions on Hedging. Engage in any interest rate, currency, or commodity hedging activity, or become party to any interest rate, currency or commodity swap agreement, whereby the Issuer or any of its Restricted Subsidiaries has agreed or will agree to swap or otherwise hedge with respect to interest rates, currencies or commodities on a speculative basis.
Restrictions on Hedging. The Purchaser agrees that from the date hereof neither it, nor any of its Affiliated Entities will, directly or indirectly, engage in any Short Sales of Ordinary Shares or other form of hedging with respect to the Notes (including a pure economic hedge) at any time prior to the date that is the six (6) month anniversary of the Closing Date or at any time when such transaction would violate Section 7.1 hereof. “Short Sales” means all “short sales” as defined in Rule 200 promulgated under Regulation SHO under the Exchange Act and all types of direct and indirect stock pledges, forward sale contracts, options, puts, calls, short sales, swaps, derivatives and similar arrangements (including on a total return basis), in each case except for the Back Leverage (which shall not be subject to this Section 5.5).
Restrictions on Hedging. Neither Intel Capital nor any of its Affiliates as of the Closing holds any short position with respect to the Company’s Common Stock or is a party to any other contract, option, right, warrant to sell, purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any shares of Common Stock of the Company or any securities convertible or exercisable into shares of Common Stock of the Company, including any swap or other derivative contract that transfers, in whole or in part, any of the economic consequences of ownership of the Common Stock of the Company (a “Hedging Transaction”). Intel Capital and its Affiliates agree not to enter into any such Hedging Transaction until such time following the public dissemination of the press release contemplated by Section 7.4 hereof and the filing by the Company of a Current Report on Form 8-K with respect to the transaction after Closing (provided such filing is made within two (2) trading days of the Closing).
Restrictions on Hedging. The Preferred Members will not be permitted to engage, directly or indirectly, in any short sales or other derivative or hedging transactions with respect to Xxxxxxxx’x (or any Subsidiary of Xxxxxxxx, including the LLC) securities or loans; provided that the foregoing shall not restrict the ability of the Preferred Members to engage in hedging activity in the ordinary course of business of broker-dealers or their Affiliates; provided, further, that such activity is unrelated to and not intended to hedge the Preferred Members’ exposure to the Preferred Units.
Restrictions on Hedging. During the Standstill Period, no member of the WLR Group shall engage in any Hedging Transaction with respect to Warrants or the Underlying Common Stock or the Additional Acquired Shares.
Restrictions on Hedging. For 90 days after the Closing Date, without the prior written consent of the Company, such Shareholder shall not, and shall cause its Affiliates not to, directly or indirectly engage in any short sales or other derivative or hedging transactions with respect to the SemGroup Common Shares or Equity Interests that are designed to, or that might reasonably be expected to, result in the transfer to another, in whole or in part, any of the economic consequences of ownership of any SemGroup Common Shares or other Equity Interests.
Restrictions on Hedging. The Borrower shall not and the Borrower shall cause each Restricted Subsidiary to not enter into or otherwise become a party to or obligated under any Currency Hedge Agreement, Commodity Hedge Agreement, Interest Rate Hedge Agreement or other similar agreement ordinarily used for the purpose of hedging currency risk, commodity price risk or interest rate risk, unless such Currency Hedge Agreement, Commodity Hedge Agreement, Interest Rate Hedge Agreement or other agreement is entered into by the Borrower or any Restricted Subsidiary in the ordinary course of business, is for the purpose of managing currency risk, exchange rate risk, commodity price risk or interest rate risk of the Borrower or such Restricted Subsidiary, complies with the then-applicable hedging policies approved by the board of directors of the Borrower and is not for speculative purposes.
