Common use of Short Position Clause in Contracts

Short Position. Neither the Buyer nor any of its affiliates will directly or indirectly maintain any short position, purchase or sell put or call options or otherwise engage in any hedging activities in any of the Securities or any other securities of the Company until after one hundred twenty (120) days from the closing of this transaction.

Appears in 2 contracts

Sources: Securities Subscription Agreement (Floridinos International Holdings Inc), Securities Subscription Agreement (Syndicated Food Service International Inc)

Short Position. Neither the Buyer nor any of its affiliates will directly or indirectly maintain any short position, purchase or sell put out or call options or otherwise engage in any hedging activities in any of the Securities or any other securities of the Company until after one hundred twenty (120) days from the closing of this transactionApril 20, 1998.

Appears in 1 contract

Sources: Securities Subscription Agreement (National Boston Medical Inc)