Common use of Standstill Covenant Clause in Contracts

Standstill Covenant. Other than the Shares which it will purchase pursuant to Section 1.1 of this Agreement, Purchaser hereby covenants and agrees that neither Purchaser nor any of its affiliates (including parents, subsidiaries or other related entities) will, without the prior written consent of the Company (i) purchase or otherwise acquire, directly or indirectly, any equity securities or assets of the Company (or rights or options to purchase such securities), or (ii) make any tender or exchange offer, merger, business combination, recapitalization or other extraordinary transaction involving the Company, or (iii) enter into any agreement with any other person with respect to the foregoing, or assist any other person to do any of the foregoing. This provision shall terminate and be of no further force or effect five (5) years from the Closing Date or such earlier date as shall be agreed to by the Company.

Standstill Covenant. Other than the Shares which it will purchase pursuant to Section 1.1 of this Agreement, Purchaser hereby Robe▇▇▇ ▇▇▇eby covenants and agrees that neither Purchaser nor Robe▇▇▇ ▇▇▇ any of its affiliates (including parents, subsidiaries or other related entities) will, without the prior written consent of the Company (i) purchase or otherwise acquire, directly or indirectly, any equity securities or assets of the Company (or rights or options to purchase such securities), or (ii) make any tender or exchange offer, merger, business combination, recapitalization or other extraordinary transaction involving the Company, or (iii) enter into any agreement with any other person with respect to the foregoing, or assist any other person to do any of the foregoing. This provision shall terminate and be of no further force or effect five (5) years from the Closing Effective Date or such earlier date as shall be agreed to by the Company.