Common use of Seller Restrictions Clause in Contracts

Seller Restrictions. The actions for the purposes of Clause 5.1.2 are: 1 amend or otherwise modify the constitutional documents of any Vaccines Group Company other than minor or administrative amendments or modifications which are not adverse to the Business or to the Purchaser of any member of the Purchaser’s Group; 2 create, allot or issue, or grant an option or right to subscribe for or purchase, any share capital or other securities or loan capital of any Vaccines Group Company; 3 repay, redeem or repurchase any share capital, or other securities of any Vaccines Group Company; 4 make any acquisition or disposal which has a value in excess of US$10 million, exclusive of VAT;