Net Long Position. During the term of this Transaction it together with each other person in the Seller Group will maintain on an aggregated basis a net long position at least equal to the Number of Shares then subject to this Transaction. In computing the net long position it shall aggregate all cash transactions in the Shares as well as the notional amount of all derivatives or other instruments that directly or indirectly give economic exposure to the Shares.
Appears in 3 contracts
Sources: Otc Equity Prepaid Forward Transaction (Lionheart Acquisition Corp. II), Otc Equity Prepaid Forward Transaction (Seven Oaks Acquisition Corp.), Otc Equity Prepaid Forward Transaction (Live Oak Acquisition Corp II)