Common use of Short Sale Clause in Contracts

Short Sale. Such Purchaser represents that after the date that such Purchaser learned of the terms of this transaction and prior to the date hereof, neither it nor any Person over which the Purchaser has direct control, have made any net short sales of, or granted any option for the purchase of or entered into any hedging or similar transaction with the same economic effect as a net short sale, in the Common Stock.

Appears in 4 contracts

Samples: Form of Securities Purchase Agreement (Gran Tierra Energy, Inc.), Form of Securities Purchase Agreement (Gran Tierra Energy, Inc.), Securities Purchase Agreement (Gran Tierra Energy, Inc.)

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Short Sale. Such Each Purchaser represents that after the date that such Purchaser learned of the terms of this transaction and prior to the date hereof, neither it nor any Person over which the Purchaser has direct control, have made any net short sales of, or granted any option for the purchase of or entered into any hedging or similar transaction with the same economic effect as a net short sale, in the Common Stock. The Company acknowledges and agrees that each Purchaser does not make or has not made any representations or warranties with respect to the transactions contemplated hereby other than those specifically set forth in this Section 3.2.

Appears in 2 contracts

Samples: Securities Purchase Agreement (On2 Technologies Inc), Securities Purchase Agreement (On2 Technologies Inc)

Short Sale. Such Each Purchaser represents that after the date that such Purchaser learned of the terms of this transaction and prior to the date hereof, neither it nor any Person over which the Purchaser has direct control, have made any net short sales of, or granted any option for the purchase of or entered into any hedging or similar transaction with the same economic effect as a net short sale, in the Common Stock.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Panamerican Bancorp), Securities Purchase Agreement (Panamerican Bancorp)

Short Sale. Such Each Purchaser represents that after the date that such Purchaser learned of the terms of this transaction and prior to through the date hereofClosing Date, neither it nor any Person over which the Purchaser has direct control, have made or will make any net short sales of, or granted any option for the purchase of or entered into any hedging or similar transaction with the same economic effect as a net short sale, in the Common Stock. Moreover, Purchaser shall not make any such net short sales at any time prior to the date Purchaser's securities have been registered with the Commission for resale.

Appears in 1 contract

Samples: Securities Purchase Agreement (Whitney Information Network Inc)

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Short Sale. Such The Purchaser represents that after the date that such the Purchaser learned of the terms of this transaction and prior to the date hereof, neither it nor any Person over which the Purchaser has direct control, have made any net short sales of, or granted any option for the purchase of or entered into any hedging or similar transaction with the same economic effect as a net short sale, in the Common Stock.

Appears in 1 contract

Samples: Securities Purchase Agreement (Gran Tierra Energy, Inc.)

Short Sale. Such Each Purchaser represents that after the date that such Purchaser learned of the terms of this transaction and prior to through the date hereofClosing Date, neither it nor any Person over which the Purchaser has direct control, have made or will make any net short sales of, or granted any option for the purchase of or entered into any hedging or similar transaction with the same economic effect as a net short sale, in the Common Stock. Moreover, Purchaser shall not make any such net short sales at any time prior to the date Purchaser’s securities have been registered with the Commission for resale.

Appears in 1 contract

Samples: Securities Purchase Agreement (Prides Capital Partners, LLC)

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