Common use of Competing Transactions Clause in Contracts

Competing Transactions. From the date hereof until the earlier of the Closing Date and June 30, 2018, each Purchaser agrees, severally and not jointly with any other Purchaser, that it will not, and will not permit its representatives or Affiliates to, pursue any transaction which would be in lieu of the transactions contemplated hereunder or under the Merger Agreement and will not, directly or indirectly, take any action that would result in an Acquisition Proposal (as defined in the Merger Agreement) being presented to, or discussed with, Lazy Days’.