Common use of Short Selling Clause in Contracts

Short Selling. The Lender is not engaged, directly or indirectly, in short selling any security by borrowing the shares from any entity or person and later buying shares in the same security, then returning the borrowed shares in an effort to make a profit.

Appears in 6 contracts

Samples: Loan and Pledge Agreement (Shortall Alan), Loan and Pledge Agreement (Shortall Alan), Loan and Pledge Agreement (Shortall Alan)

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Short Selling. The Lender is not engaged, directly or indirectly, in short selling Short Selling any security by borrowing the shares from any entity or person and later buying shares in the same security, then returning the borrowed shares in an effort to make a profit. The Lender has not, nor has any Person acting on behalf of or pursuant to any understanding with the Lender, directly or indirectly, engaged in Short Selling any security of the Borrower.

Appears in 2 contracts

Samples: Stock Loan and Repurchase Agreement, Stock Loan and Repurchase Agreement (Kingold Jewelry, Inc.)

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