Common use of Termination of Standstill Clause in Contracts

Termination of Standstill. The restrictions set forth in Section 3.01(a) shall cease and terminate and each of Investor, GE and each GE Subsidiary will be released from (i) the obligations of Section 3.01(a) and (ii) the other obligations under this Agreement, in the case of such other obligations to the extent necessary to comply with any requirements of law in making a competing offer or to purchase any Voting Stock, if any of the following occurs:

Appears in 4 contracts

Samples: Lockup, and Standstill Agreement (Neogenomics Inc), Stock Purchase Agreement (Neogenomics Inc), Lockup, and Standstill Agreement (General Electric Co)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.