Common use of Standstill Restrictions Clause in Contracts

Standstill Restrictions. (a) From and after the Closing Date until the later of (x) the ten (10) year anniversary of the Closing Date and (y) the three (3) year anniversary of the date on which the Shareholder shall cease to Beneficially Own Voting Securities representing at least the Ownership Threshold (the “Standstill Period”), without the prior written consent of the Company, the Shareholder Parent shall not, and shall cause each of its Affiliates not to, directly or indirectly, alone or in concert with any other Person, except as otherwise expressly set forth in this Section 4.1:

Appears in 4 contracts

Samples: Shareholder’s Agreement, S Agreement (Elan Corp PLC), Shareholder’s Agreement (Alkermes Plc.)

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Standstill Restrictions. (a) From and after the Closing Date until the later of (x) the ten seven (107) year anniversary of the Closing Date and (y) the three (3) year anniversary of the date on which the Shareholder Stockholders shall cease to Beneficially Own Voting Securities representing at least five percent (5%) of the Ownership Threshold Voting Securities outstanding at such time (the “Standstill Period”), without each Stockholder and the prior written consent of the Company, the Shareholder Parent Management Company shall not, and each Stockholder and the Management Company shall cause each of its controlled Affiliates not to, directly or indirectly, alone or in concert with any other Person, except as otherwise expressly set forth in this Section 4.1:4.1 or Section 5.1(f)(iii):

Appears in 3 contracts

Samples: Stockholders Agreement (Avista Capital Partners GP, LLC), Stockholders Agreement (Angiodynamics Inc), Stockholders Agreement (Angiodynamics Inc)

Standstill Restrictions. (a) From and after the Closing Date until the later of (x) the ten (10) year anniversary of the Closing Date and (y) the three (3) year anniversary of the date on which the Shareholder Shareholders shall cease to Beneficially Own Own, in the aggregate, Voting Securities representing at least the Ownership Threshold (the “Standstill Period”), without the prior written consent of the Company, the no Shareholder Parent shall notshall, and each Shareholder shall cause each of its Affiliates not to, directly or indirectly, alone or in concert with any other Person, except as otherwise expressly set forth in this Section 4.1:

Appears in 1 contract

Samples: Manufacturing and Supply Agreement (Salix Pharmaceuticals LTD)

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Standstill Restrictions. (a) From and after the Initial Closing Date until the later of (x) the ten three (103) year anniversary of the Initial Closing Date and (y) the three one (31) year anniversary of the date on which the Shareholder Holder shall cease to Beneficially Own Voting Securities representing own at least 50% of the Ownership Threshold Shares (the “Standstill Period”), without the prior written consent of the Company, the Shareholder Parent each Stockholder shall not, and such Stockholder shall cause its controlled Affiliates and Investor Parent and each of its controlled Affiliates not to, directly or indirectly, alone or in concert with any other Personperson, except as otherwise expressly set forth in this Section 4.1:7.1 (and excluding Securities

Appears in 1 contract

Samples: Investor Rights Agreement (AlTi Global, Inc.)

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