Common use of Purchase from Third Parties Clause in Contracts

Purchase from Third Parties. The Buyer acknowledges that, subject to Section 3.07, it may acquire Shares in open market or private transactions from time to time. The Buyer agrees that if the Buyer so purchases the Shares, (i) such purchases, if any, (a) shall be made in compliance with all applicable laws, rules and regulations, including without limitation applicable United States securities laws, and (b) to effect such purchase, the Buyer shall not enter a bid below the posted market offer price for such shares.

Appears in 3 contracts

Sources: Backstop Agreement (Alberton Acquisition Corp), Backstop Agreement (Alberton Acquisition Corp), Backstop Agreement (Alberton Acquisition Corp)