Common use of Transactions in the Common Stock Clause in Contracts

Transactions in the Common Stock. The Purchasers will not establish a short position in the Common Stock during the fifteen (15) Trading Days after receipt of a Subsequent Funding Notice and prior to the Tranche 2 Closing Date. Any existing short position may be maintained.

Appears in 2 contracts

Sources: Convertible Debenture Purchase Agreement (PLC Systems Inc), Convertible Debenture Purchase Agreement (PLC Systems Inc)