Common use of Restriction on Short Sales Clause in Contracts

Restriction on Short Sales. Until the [*] anniversary of the expiration or termination of the Services Agreement, Purchaser shall not engage, and shall ensure that none of its Affiliates engage, (a) in any Short Sales (as defined in Rule ▇▇- ▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇) of Common Stock or (b) any hedging transaction in which the other party to such transaction is reasonably likely to engage in a Short Sale as a direct result of such transaction.

Appears in 1 contract

Sources: Stock Purchase Agreement (Cv Therapeutics Inc)

Restriction on Short Sales. Until the [*] first anniversary of the expiration or termination of the Services Agreement, Purchaser shall not engage, and shall ensure that none of its Affiliates engage, (a) in any Short Sales (as defined in Rule ▇▇- ▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇) of Common Stock or (b) any hedging transaction in which the other party to such transaction is reasonably likely to engage in a Short Sale as a direct result of such transaction.

Appears in 1 contract

Sources: Stock Purchase Agreement (Cv Therapeutics Inc)