Standstill Provision definition

Standstill Provision means a provision of an agreement pursuant to which a party agrees to limit its ownership interest in another Entity.
View Source

Examples of Standstill Provision in a sentence

  • Nothing in this Paragraph 5(c) Standstill Provision shall restrict ▇▇▇▇▇▇’▇ ability to vote pursuant to his stock or other equity intestests that he currently holds or receives pursuant to this Agreement.

  • Nor shall anything in this Paragraph 5(c) Standstill Provision prevent ▇▇▇▇▇▇ from serving as a member of the Company’s Board of Directors, voting as a member of the Company’s Board of Directors, or in any other way restrict ▇▇▇▇▇▇ from performing his duties as a member of the Company’s Board of Directors, without limitation.

  • Notwithstanding the foregoing, the parties hereto acknowledge and agree that (i) the foregoing waiver shall not be applicable with respect to any direct or indirect acquisition by any Standstill Equityholder of any of the rights issued in the Rights Offering or any option or other right to acquire or interest in any of the rights issued in the Rights Offering and (ii) the Standstill Provision shall remain applicable to any such acquisition.

  • The Purchaser hereby acknowledges and agrees that: (i) the Company is hereby waiving the Standstill Provision solely with respect to the Shares purchased hereby, and (ii) notwithstanding the foregoing, the Standstill Provision remains in full force and effect.

  • To that end, the Company shall immediately inform Parent of any breach of such Required Standstill Provision (including but not limited to any waiver request thereunder) and shall pursue enforcement actions in respect of such breach as reasonably requested by Parent.

  • Advisor said they would have some problem with the 3-year Standstill Provision.

  • Notwithstanding the foregoing, this section 3.6(b) shall be subject to the Standstill Provision in section 4.1 of this Agreement.

  • SMTC hereby agrees that it will cause its other Subsidiaries to comply with the Standstill Provision contemplated herein.

  • Payment Standstill Provision • Practice Point: Principal and interest are always subject to payment blockage after an event of default, but fees and costs can be included in permitted payment provisions, before and after an event of default.

  • The Company agrees to fully enforce the Required Standstill Provision set forth in the Acceptable Confidentiality Agreement to which ▇▇▇▇ and the Company are a party.

Related to Standstill Provision

  • Standstill Agreement shall have the meaning set forth in Section 6.03.

  • MFN Provision has the meaning specified in Section 2.14(b).

  • Restrictive Covenant Agreement means any agreement (including, without limitation, this Award Agreement), and any attachments or schedules thereto, entered into by and between the Participant and the Company or its Affiliates, pursuant to which the Participant has agreed, among other things, to certain restrictions relating to non-competition (if applicable), non-solicitation, non-disparagement and/or non- disclosure of confidential or proprietary information, in order to protect the business of the Company and its Affiliates.

  • Confidentiality Agreement has the meaning set forth in Section 6.3.

  • Existing Confidentiality Agreement means, collectively, the Non-Disclosure Agreement between FibroGen and AstraZeneca dated June 21, 2012, as amended February 7, 2013, and May 23, 2013, and the Non-Disclosure Agreement between FibroGen and AstraZeneca dated April 1, 2013.