Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records of any Group Company, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties. (b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law. (c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements. (d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 7 contracts
Sources: Agreement and Plan of Merger (Ocean Imagination L.P.), Agreement and Plan of Merger (Zhang Ray Ruiping), Agreement and Plan of Merger (Ctrip Investment Holding Ltd.)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII Upon reasonable notice and subject to applicable Law laws relating to the confidentiality of information, Seller shall cause the Companies and each of their Subsidiaries to, afford to the Confidentiality Agreements, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultantscounsel, financial and legal advisors, agents, financing sources (including potential financing sources) agents and other authorized representatives Representatives of Parent and such other partiesBuyers, collectivelyreasonable access, “Representatives”) reasonable access during normal business hours during the period prior to the officesClosing Date, to all its personnel, properties, books books, contracts, commitments and records records, and, during such period, the Companies shall, and shall cause each of any Group Companytheir Subsidiaries to, make available to each Buyer and its Representatives (i) a copy of each report, schedule, registration statement and other document filed or received by it during such period pursuant to the requirements of insurance laws (other than reports or documents that such party is not permitted to disclose under applicable law) and (ii) furnish to Parent all other information concerning its business, operations, properties and its Representatives such existing financial and operating data and other existing information personnel as such persons Buyers may reasonably request in writingrequest. Neither the Companies, and (iii) instruct its and its nor any of their Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted required to provide access to or to disclose information where such access or disclosure would jeopardize the attorney-client privilege of such party or contravene any law, rule, regulation, order, judgment, decree, fiduciary duty or binding agreement (provided, Seller shall cause the Companies to use reasonable best efforts to obtain waivers thereof upon request by a Buyer) entered into prior to the date of this Agreement. The parties shall make appropriate substitute disclosure arrangements under circumstances in such a manner as not to interfere unreasonably with which the business or operations restrictions of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their dutiespreceding sentence apply.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information and materials provided or made available pursuant to this Section 6.03 to Parent or its Representatives Agreement shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations provisions of the parties heretoConfidentiality Agreement.
Appears in 6 contracts
Sources: Stock Purchase Agreement (Fidelity National Financial, Inc.), Stock Purchase Agreement (Landamerica Financial Group Inc), Stock Purchase Agreement (Landamerica Financial Group Inc)
Access to Information. (a) From the date hereof until the earlier of Closing Date, to the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and extent ETE has the Confidentiality Agreementsright under the Sigma Merger Agreement, upon reasonable advance notice the request from ParentETP, the Company shall ETE will: (ia) provide to Parent (give ETP and Parent’s officers, directors, employees, accountants, consultantsits counsel, financial and legal advisors, agents, financing sources (including potential financing sources) auditors and other authorized representatives of Parent and such other parties, (collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records of any Group Companythe Citrus Parties and to the books and records relating to the Citrus Parties and permit ETP to make copies thereof, in each case (i) during normal business hours and (ii) solely to the extent that ETE either (1) has access to such offices, properties, books and records and has the right, to provide access to such offices, properties, books and records to such Persons or (2) has the right to require Southern Union to provide such access to such Persons; and (b) furnish to Parent ETP and its Representatives such existing financial operating data and other information relating to the Citrus Parties as such Persons may reasonably request, solely to the extent that ETE either (i) possesses such financial and operating data and other existing information as and has the right, to furnish such persons may reasonably request in writing, financial and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors operating data and other Representatives information to reasonably cooperate such Persons or (ii) has the right, pursuant to the Citrus Capital Stock Agreement, to require the Citrus Parties to furnish such financial and operating data and other information to such Persons. Any investigation pursuant to this Section 5.3 shall be conducted in such manner as not to interfere with Parent and its Representatives in their investigationthe conduct of the business of the Citrus Parties. Notwithstanding the foregoing, ETP shall not be entitled to perform any such intrusive or subsurface investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations other sampling of, on or under any of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees properties of the Company Citrus Parties without the prior written consent of ETE. Notwithstanding the foregoing provisions of this Section 5.3, ETE shall not be required to, or its Subsidiaries of their duties.
(b) Notwithstanding anything to cause the contrary in Section 6.03(a)Citrus Parties to, nothing in this Agreement shall require the Company grant access or any of its Subsidiaries furnish information to provide Parent ETP or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, an attorney/client or attorney work product privilege or that at such access or the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure furnishing of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law or an existing Contract. To the extent practicable, ETE shall make reasonable and appropriate substitute disclosure arrangements under circumstances in which the restrictions of the preceding sentence apply. To the fullest extent permitted by Law.
, ETE and its Representatives and Affiliates shall (c1) All information not be responsible or liable to ETP for personal injuries sustained by ETP’s Representatives in connection with the access provided or made available pursuant to this Section 6.03 to Parent or its Representatives 5.3 and (2) shall be subject to indemnified and held harmless by ETP for any losses suffered by any such Persons in connection with any such personal injuries; provided such personal injuries are not caused by the Confidentiality Agreementsgross negligence or willful misconduct of ETE.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 5 contracts
Sources: Agreement and Plan of Merger (Southern Union Co), Agreement and Plan of Merger (Energy Transfer Partners, L.P.), Agreement and Plan of Merger (Energy Transfer Equity, L.P.)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement Other than in circumstances in which indemnification is sought pursuant to Article VIII VI (in which event the provisions of such Article will govern) and without limiting the applicable provisions of Article VI, and subject to applicable Law any restrictions or limitations contained in Section 5.3 or elsewhere in this Article VII, from and after the Confidentiality AgreementsEffective Time, upon reasonable advance notice from Parent, each of Dover and ▇▇▇▇▇▇▇ shall afford to the Company shall (i) provide to Parent (other and Parent’s officers, directors, employees, its authorized accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) counsel and other authorized designated representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours hours, subject to appropriate restrictions for classified, privileged or confidential information and to the officesrequirements of any applicable Law, to the personnel, properties, books and records Information of such Party and its Subsidiaries insofar as such access is reasonably required by the other Party, and only for the duration such access is required, and relates to (x) such other Party or the conduct of its business prior to the Effective Time or (y) any Ancillary Agreement; provided, however, in the event that a Party determines that any such access or the provision of any Group Company, such information (iiincluding information requested under Section 5.3 or Section 7.1) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall would be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result commercially detrimental in any significant interference with the timely discharge by the employees of the Company material respect, violate any Law or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement Contract with a Third Party (provided, that at the request of Parentor waive any attorney-client privilege, the Company work product doctrine or other applicable privilege, the Parties shall take all reasonable measures (and, to the extent applicable, shall use its commercially reasonable best efforts to obtain the Consent from any Third Party required to make such disclosure without violating a waiver from such Contract with a Third Party)) to permit compliance with such information request in a manner that avoids any such harm, (ii) violation or consequence. Each of Dover and ▇▇▇▇▇▇▇ shall inform their respective officers, employees, agents, consultants, advisors, authorized accountants, counsel and other designated representatives who have or have access to the disclosure of such books, records, documents other Party’s Confidential Information or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to Section 5.3 or this Section 6.03 Article VIII of their obligation to Parent or its Representatives shall be subject to hold such information confidential in accordance with the Confidentiality Agreementsprovisions of this Agreement.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 4 contracts
Sources: Separation and Distribution Agreement (DOVER Corp), Separation and Distribution Agreement (Knowles Corp), Separation and Distribution Agreement (Knowles Corp)
Access to Information. (a) From Subject to applicable Law and the date hereof until other provisions of this Section 6.7, the Company and Parent each shall (and shall cause its Subsidiaries to), upon request by the other, furnish the other with all information concerning itself, its Subsidiaries, directors, officers and stockholders and such other matters as may be reasonably necessary or advisable in connection with the Exchange Prospectus, the Joint Proxy Statement, any Registration Statement, or any other statement, filing, notice or application made by or on behalf of Parent, the Company or any of their respective Subsidiaries to any third party or any Governmental Entity in connection with the Transactions. The Company shall, and shall cause each of its Subsidiaries to, afford to Parent and its Representatives, during the period prior to the earlier of the Effective Time and the termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreementsterms of Section 8.1, reasonable access, at reasonable times upon reasonable advance notice from Parentprior notice, to the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books offices and records other facilities of any Group Companythe Company and its Subsidiaries and to their books, (ii) records, Contracts and documents and shall, and shall cause each of its Subsidiaries to, furnish reasonably promptly to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct concerning its and its Subsidiaries’ employeesbusiness, legal counselproperties, financial advisorsContracts, auditors records and other Representatives personnel as may be reasonably requested, from time to reasonably cooperate with time, by or on behalf of Parent. Parent and its Representatives in their investigation. Notwithstanding the foregoing, shall conduct any such investigation shall be conducted activities in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in cause any significant unreasonable interference with the prompt and timely discharge by the employees of the Company or and its Subsidiaries of their normal duties.. Notwithstanding the foregoing:
(bi) Notwithstanding anything No Party shall be required to, or to cause any of its Subsidiaries to, grant access or furnish information, as applicable, to the contrary in Section 6.03(a)other Party or any of its Representatives to the extent that such information is subject to an attorney/client privilege or the attorney work product doctrine or that such access or the furnishing of such information, nothing in this Agreement shall require as applicable, is prohibited by applicable Law or an existing Contract or agreement (provided, however, the Company or Parent, as applicable, shall inform the other Party as to the general nature of what is being withheld and the Company and Parent shall reasonably cooperate to make appropriate substitute arrangements to permit reasonable disclosure that does not suffer from any of the foregoing impediments, including through the use of commercially reasonable efforts to (A) obtain the required Consent or waiver of any third party required to provide such information and (B) implement appropriate and mutually agreeable measures to permit the disclosure of such information in a manner to remove the basis for the objection, including by arrangement of appropriate clean room procedures, redaction or entry into a customary joint defense agreement with respect to any information to be so provided, if the Parties determine that doing so would reasonably permit the disclosure of such information without violating applicable Law or jeopardizing such privilege);
(ii) No Party shall have access to personnel records of the other Party or any of its Subsidiaries relating to individual performance or evaluation records, medical histories or other personnel information that in the other Party’s good faith opinion the disclosure of which could subject the other Party or any of its Subsidiaries to provide Parent or any risk of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or liability;
(iii) Each Party shall not be permitted to conduct any invasive or intrusive sampling or analysis (commonly known as a “Phase II”) of any environmental media or building materials at any facility of the disclosure other Party or its Subsidiaries without the prior written consent of the other Party (which may be granted or withheld in such books, records, documents or other information is prohibited by applicable Law.Party’s sole discretion); and
(civ) All No investigation or information provided or made available pursuant to this Section 6.03 6.7 shall affect or be deemed to modify any representation or warranty made by the Company, Parent or its Merger Sub herein and no Party shall, and each Party shall cause their respective Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation not, use any information obtained pursuant to this Section 6.03 6.7 for any purpose unrelated to the evaluation, negotiation or consummation of the Transactions.
(b) The Confidentiality Agreement dated as of June 15, 2020 between Parent and the Company (the “Confidentiality Agreement”) shall affect any representation or warranty in survive the execution and delivery of this Agreement and shall apply to all information furnished thereunder or hereunder. All information provided to any Party or its Representative pursuant to or in connection with this Agreement is deemed to be “Evaluation Material” as defined under the Confidentiality Agreement. From and after the date of any party hereto or any condition this Agreement until the earlier of the Effective Time and termination of this Agreement in accordance with Article VIII, each Party shall continue to provide access to the obligations other Party and its Representatives to the electronic data room relating to the Transactions maintained by or on behalf of it to which the parties heretoother Party and its Representatives were provided access prior to the date of this Agreement.
Appears in 4 contracts
Sources: Merger Agreement (Bonanza Creek Energy, Inc.), Transaction Support Agreement (HighPoint Resources Corp), Transaction Support Agreement (Bonanza Creek Energy, Inc.)
Access to Information. (a) From During the date hereof until the earlier Interim Period, each of the Effective Time Company and termination of this Agreement pursuant to Article VIII Parent shall, and subject to applicable Law and the Confidentiality Agreementsshall direct their Subsidiaries to, upon reasonable advance notice from Parentwritten notice, provide, or cause to be provided, to the Company shall (i) provide to Parent (other and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other their authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access Representatives during normal business hours reasonable access to the their offices, propertiesproperties and Books and Records, books and records of any Group Company, (ii) furnish in a manner so as to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate not interfere with Parent and its Representatives in their investigationnormal business operations. Notwithstanding the foregoing, neither Parent or Merger Sub, on the one hand, or any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations member of the Company or its Subsidiaries or otherwise result in any significant interference with Group, on the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything other hand, shall be required to provide to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company other or any of its authorized Representatives any information (i) if and to the extent doing so would (A) violate any applicable Law, including any Data Protection Law, (B) result in the disclosure of any trade secrets of third parties in breach of any contract or other agreement with such third party, (C) violate any legally-binding obligation with respect to confidentiality, non-disclosure. or privacy, or (D) jeopardize protections afforded under the attorney-client privilege or the attorney work product doctrine (provided that, in case of each of clauses (A) through (D), the Company or Parent shall, and shall cause their Subsidiaries to, use their commercially reasonable efforts to (1) provide such access as can be provided (or otherwise convey such information regarding the applicable matter as can be conveyed) without violating such privilege, doctrine, contract, agreement, obligation or Law and (2) provide such information in a manner without violating such privilege, doctrine, Contract, obligation or Law), or (ii) if any member of the Company Group, on the one hand, and any Parent Party or any of its Representatives with access to any bookstheir respective Representatives, recordson the other hand, documents or other are adverse parties in a litigation and such information to is reasonably pertinent thereto; provided that, in the extent that case of clause (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parentii), the Company withholding party shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable provide to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations prompt written notice of the parties heretowithholding of access or information on any such basis.
Appears in 4 contracts
Sources: Merger Agreement (EF Hutton Acquisition Corp I), Merger Agreement (Nubia Brand International Corp.), Merger Agreement (NaturalShrimp Inc)
Access to Information. (a) From the date hereof of this Agreement until the earlier to occur of the Effective Time and valid termination of this Agreement pursuant to in accordance with Article VIII and subject to applicable Law VII and the Confidentiality Agreements, upon reasonable advance notice from ParentEffective Time, the Company shall, and shall cause each Company Subsidiary to (ia) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial Merger Sub and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) their respective Representatives reasonable access during normal business hours to the offices, properties, books and records of any Group Company, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to unreasonably interfere unreasonably with the operation of any business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge conducted by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any Company Subsidiary, to the officers, employees, agents, properties, offices and other facilities of its the Company and the Company Subsidiaries and to provide the books and records (including Tax Returns and supporting documentation) of the Company and the Company Subsidiaries, and (b) furnish promptly such information concerning the business, properties, offices and other facilities, Contracts, assets, liabilities, employees, officers and other aspects of the Company and Company Subsidiaries as Parent or any of its Representatives with may reasonably request; provided, however, that the Company shall not be required to (or to cause any Company Subsidiary to) afford such access to any books, records, documents or other furnish such information to the extent that the Company is advised by counsel that doing so would: (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, provided that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company shall use its commercially reasonable efforts to maintain allow for such access or disclosure in a manner that does not result in a loss of attorney-client privilege); (ii) violate any confidentiality obligations of the Company or any Company Subsidiary to any third party or otherwise breach, contravene or violate any then effective Contract to which the Company or any Company Subsidiary is party (iii) provided that the Company shall use its commercially reasonable efforts to obtain the required consent of such third party to such access or disclosure and implement appropriate procedures to enable the disclosure of such booksinformation); (iii) result in a competitor of the Company or any Company Subsidiary receiving information that is competitively sensitive; or (iv) breach, recordscontravene or violate any applicable Law (including any Antitrust Law). Notwithstanding anything herein to the contrary, documents from the date of this Agreement until the earlier to occur of the valid termination of this Agreement in accordance with Article VII and the Effective Time, Parent and Merger Sub shall not, and shall cause their respective Representatives acting on their behalf not to, contact any customer, partner, vendor, supplier or other employee of the Company or any of the Company Subsidiaries, in each case outside of the ordinary course of business and in connection with the Transactions without the Company’s prior written consent. All requests for information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives 5.06 shall be subject directed to the Confidentiality Agreements.
person or persons designated by the Company. During any visit to the business or property sites of the Company or any of the Company Subsidiaries, each of Parent and Merger Sub shall, and shall cause their respective representatives accessing such properties to, comply with all applicable Laws and the Company’s and the Company Subsidiaries’ reasonable safety and security procedures. Notwithstanding anything to the contrary contained in this Section 5.06, from the date of this Agreement until the earlier to occur of the valid termination of this Agreement in accordance with Article VII and the Effective Time, none of Parent, Merger Sub or any of their respective affiliates shall conduct, without the prior written consent of the Company (dwhich consent shall not be unreasonably withheld, delayed or conditioned), any environmental investigation at any real property owned or leased by the Company, and in no event may any environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any of such real property. Nothing in this Section 5.06 shall require the Company to permit any inspection of, or to disclose any information regarding, the deliberations of the Company Board or any committee thereof with respect to the Merger or the Transactions or any similar transaction or transactions (including the sale of one or more divisions) No investigation with any other person, the entry into this Agreement, or any materials provided to the Company Board or any committee thereof in connection therewith. Disclosure obligations regarding a Competing Proposal shall be governed by Section 5.03. Parent shall, and shall cause each of its Subsidiaries and its and their respective representatives to, hold all information provided or furnished pursuant to this Section 6.03 shall affect any representation or warranty 5.06 confidential in this Agreement of any party hereto or any condition to accordance with the obligations terms of the parties heretoConfidentiality Agreement.
Appears in 4 contracts
Sources: Merger Agreement (Pc Tel Inc), Merger Agreement (Pc Tel Inc), Merger Agreement (Pc Tel Inc)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII Upon reasonable advance notice and subject to applicable Law Laws relating to the exchange of information, each party shall, and shall cause each of its Subsidiaries to, afford to the Confidentiality Agreementsother party and its Representatives, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours (and, with respect to books and records, the right to copy) to all of its and such Subsidiaries’ properties, commitments, books, Contracts, records and correspondence (in each case, whether in physical or electronic form), officers, employees, accountants, counsel, financial advisors and other Representatives, in each case for integration and operational planning related to the officestransactions contemplated by this Agreement; provided, propertiesthat such access shall be provided on a basis that minimizes the disruption to the operations of the requested party and its Representatives. Subject to applicable Laws, books from the date of this Agreement until the Effective Time, Parent and records the Partnership shall furnish promptly to one another (i) a copy of each report, schedule, registration statement and other document filed, published, announced or received by it in connection with the transactions contemplated by this Agreement during such period pursuant to the requirements of federal, state or foreign Laws (including pursuant to the Securities Act, the Exchange Act and the rules of any Group CompanyGovernmental Authority thereunder), as applicable (other than documents that such party is not permitted to disclose under applicable Laws) (which such furnishing will be deemed to have occurred in the case of any document filed with or furnished to the SEC without further action on the part of the furnishing party), and (ii) furnish to Parent all information concerning Parent’s or the Partnership’s business, properties and its Representatives such existing financial and operating data and personnel as the other existing information as such persons party may reasonably request in writingrequest, and (iii) instruct its and its Subsidiaries’ employeesincluding all information relating to environmental matters, legal counsel, financial advisors, auditors and for the purpose of completing the other Representatives to reasonably cooperate with Parent and its Representatives in their investigationparty’s due diligence. Notwithstanding the foregoing, no party shall have an obligation to provide access to any information the disclosure of which the other party has concluded may jeopardize any privilege available to such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company party or any of its Subsidiaries Affiliates relating to provide Parent such information or would be in violation of a confidentiality obligation binding on such party or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable LawAffiliates.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 4 contracts
Sources: Merger Agreement (Phillips 66 Partners Lp), Merger Agreement (Phillips 66), Merger Agreement (Chevron Corp)
Access to Information. (a) From During the period from the date hereof of this Agreement until the earlier of the Effective Offer Acceptance Time and the termination of this Agreement pursuant to Article VIII and subject to applicable Law and in accordance with Section 8.1 (the Confidentiality Agreements“Pre-Closing Period”), upon solely for purposes of furthering the Transactions or integration planning relating thereto, on reasonable advance notice from Parentto the Company, the Company shall, and shall (i) cause the respective Representatives of the Company to provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) Representatives with reasonable access during normal business hours of the Company to the officesCompany’s Representatives and assets and to all existing books, propertiesrecords, books Tax Returns, work papers and records other documents and information relating to the Company and provide copies of any Group such existing books, records, Tax Returns, work papers and other documents and information relating to the Company, (ii) furnish in each case, to the extent reasonably requested by Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writingfor reasonable business purposes; provided, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, that any such investigation access (i) shall be conducted at Parent’s expense, at a reasonable time, under the supervision of appropriate personnel of the Company and in such a manner as not to unreasonably interfere unreasonably with the normal operation of the business or operations of the Company or its Subsidiaries create material risk of damage or otherwise result in destruction to any significant interference with the timely discharge material assets or property and (ii) may be limited by the employees Company to comply with any applicable COVID-19 Measures and to ensure that such access, in light of COVID-19 or any COVID-19 Measures, does not jeopardize the health and safety of any of the Company Company’s Representatives or its Subsidiaries of their dutiescommercial partners. Any such access shall be subject to the Company’s reasonable security measures and insurance requirements and shall not include invasive testing.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement Nothing herein shall require the Company to disclose or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information that could be detrimental to the extent that Company’s business or operations or if such disclosure could, in its reasonable discretion (i) such books, records, documents or other information is subject to jeopardize any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege (so long as the Company has reasonably cooperated with Parent to permit such inspection of or to disclose such information on a basis that could does not reasonably be remedied by use of common interest agreements or other arrangements to maintain waive such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilegewith respect thereto) or (iiiii) contravene any applicable Legal Requirement, fiduciary duty or binding agreement entered into prior to the date of this Agreement (including any confidentiality agreement to which the Company or its Affiliates is a party); provided, further, that information shall be disclosed subject to execution of a joint defense agreement in customary form, and disclosure may be limited to external counsel for Parent, to the extent the Company determines doing so may be reasonably required for the purpose of such books, records, documents or other complying with applicable Antitrust Laws. With respect to the information is prohibited by applicable Law.
(c) All information provided or made available disclosed pursuant to this Section 6.03 5.1, Parent shall comply with, and shall direct Parent’s Representatives to Parent or comply with, all of its Representatives shall be subject to obligations under the Confidentiality AgreementsAgreement, dated February 18, 2022, between the Company and Parent (the “Confidentiality Agreement”).
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 3 contracts
Sources: Merger Agreement (Antares Pharma, Inc.), Merger Agreement (Antares Pharma, Inc.), Merger Agreement (Halozyme Therapeutics, Inc.)
Access to Information. (a) From the date hereof until the earlier of to the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from ParentTime, the Company shall, and shall (i) provide to Parent (and Parent’s cause its officers, directors, employees, accountantsauditors and agents to, consultantsafford the officers, financial employees and legal advisorsagents of the Purchaser reasonable access at all reasonable times to its officers, employees, agents, financing sources (including potential financing sources) properties, offices and other authorized representatives of Parent facilities and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, all books and records of any Group Companyrecords, (ii) and shall furnish to Parent the Purchaser with all financial, operating and its Representatives such existing financial and operating other data and other existing information as such persons the Purchaser, through its officers, employees or agents, may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their dutiesrequest.
(b) Unless otherwise required by law and until the Appointment Date, the Purchaser agrees that it shall, and shall cause its affiliates and each of their respective officers, directors, employees, financial advisors and agents (the "Purchaser Representatives"), to hold in strict confidence all data and information obtained by them from the Company (unless such information is or becomes publicly available without the fault of any of the Purchaser Representatives or public disclosure of such information is required by law in the opinion of counsel to the Purchaser) and shall ensure that the Purchaser Representatives do not disclose such information to others without the prior written consent of the Company. Notwithstanding anything herein to the contrary contrary, the terms of the Confidentiality Agreement, dated December 1, 1998 (the "Confidentiality Agreement") executed by the stockholders of Purchaser shall remain in Section 6.03(a)full force and effect.
(c) In the event of the termination of this Agreement, nothing in this Agreement the Purchaser shall, and shall require cause its affiliates to, return (without maintaining any electronic, digital, magnetic or optical representation thereof) promptly every document furnished to them by the Company or any of its Subsidiaries representatives in connection with the transactions contemplated hereby and any copies (without maintaining any electronic, digital, magnetic or optical representation thereof) thereof which may have been made, and shall cause the Purchaser Representatives to provide Parent or whom such documents were furnished promptly to return such documents and any copies thereof any of its Representatives them may have made, other than documents filed with access to any books, records, documents the SEC or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Lawotherwise publicly available.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 3 contracts
Sources: Agreement and Plan of Merger (Cellular Communications International Inc), Merger Agreement (Cellular Communications International Inc), Merger Agreement (Olivetti S P A)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon Upon reasonable advance notice from Parentnotice, the Company shall, and shall (i) provide cause each Company Subsidiary to, afford to Parent (and Parent’s the officers, directors, employees, accountants, counsel, financial advisors, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) Financing Sources and other authorized advisors or representatives of Parent and such other parties, (collectively, “Representatives”) reasonable of Parent access during normal business hours to all of the offices, Company’s and the Company Subsidiaries’ properties, books books, records, contracts, commitments and records of any Group Companypersonnel, (ii) furnish but only to Parent and its Representatives the extent that such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as access does not to unreasonably interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with and the timely discharge by Company Subsidiaries, and the employees Company shall, and shall cause each of the Company Subsidiaries to, furnish as promptly as practicable to Parent (i) a copy of each material report, schedule and other document filed, furnished, published, announced or its Subsidiaries of their duties.
(b) Notwithstanding anything received by it during such period pursuant to the contrary in Section 6.03(a), nothing in this Agreement shall require requirements of federal or state securities Laws or a Governmental Entity and (ii) all other information with respect to the Company as Parent may reasonably request; provided, however, that none of Parent, any Parent Subsidiary or any of its Subsidiaries to provide Parent their respective Representatives shall conduct any environmental sampling or surface or subsurface assessment or investigation; and provided further that the Company may withhold any of its Representatives with access to any books, records, documents document or other information (i) to the extent that (i) such books, records, documents document or other information is subject to any the terms of a confidentiality agreement with a Third Party third party (provided, provided that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from waivers under such Third Partyagreements or implement requisite procedures to enable reasonable access without violating such agreements), (ii) to the extent that the disclosure of such booksthereof would, recordsin the Company’s good faith opinion after consultation with legal counsel, documents or other information would result in the loss of attorney-client privilege with respect to such document or information (provided that the Company shall use its reasonable best efforts to put in place an arrangement to permit such disclosure without loss of attorney-client privilege), (iii) to the extent required by applicable Law (provided that the Company shall use its reasonable best efforts to enable the provision of reasonable access without violating such Law) or (iv) to the extent that the disclosure thereof would, in the Company’s reasonable discretion, result in significant antitrust risk.
(b) All information exchanged pursuant to Section 6.3(a) and all analyses, compilations, computer disks, forecasts, studies, or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested documents prepared by Parent, enter into Merger Sub or their respective Representatives that contain or reflect any such agreement information, and any information stored in digital or analog form, whether on electronic or magnetic media, and pictures thereof stored on film or tape or electronically stored (collectively, the “Information”) will be kept confidential and, without the prior written consent of the Company, neither Parent, Merger Sub nor any of their respective Representatives will (expect as provided in this Section 6.3(b)) disclose any Information; provided, however, that Parent and Merger Sub may reveal the Information to their respective Representatives who (a) are acting for Parent or Merger Sub in connection with the transactions contemplated by this Agreement; (b) need to know the Information for such purposes; (c) are informed by Parent of the confidential nature of the Information and (d) agree to act in accordance with the terms of this Section 6.3(b). If Parent or Merger Sub or any of their respective Representatives are required by Law or in connection with a legal proceeding or legal process to disclose any of the Information, Parent will notify the Company promptly in writing (if not legally prohibited from doing so) so that the Company may seek a protective order or other arrangement appropriate remedy or waive compliance with the terms of this Section 6.3(b), and Parent shall reasonably cooperate with the Company, at the Company’s expense, in seeking such protective order or other remedy. If no such protective order or other remedy is obtained, or if the Company does not waive compliance with the applicable terms of this Section 6.3(b), Parent, Merger Sub or their respective Representative required to disclose the Information will disclose only that portion which Parent, Merger Sub or their respective Representative is advised by counsel is legally required to be disclosed and will exercise its commercially reasonable efforts to obtain reliable assurances that confidential treatment will be accorded such Information as is far in advance of its disclosure as reasonably acceptable practicable. This Section 6.3(b) does not apply to such portions of the Information which (i) are or become generally available to the public (other than as a result of a disclosure by Parent, Merger Sub or their respective Representatives in breach of this Section 6.3(b)), (ii) are (as evidenced by written documentation) or become available to Parent, Merger Sub or their respective Representatives on a nonconfidential basis from a source other than the Company or one of its Representatives which, to maintain such privilege) the knowledge of the receiving party after reasonable inquiry, is not prohibited from disclosing it by a legal, contractual or fiduciary obligation, or (iii) have been independently developed without using, containing or reflecting any information furnished by the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent Company or its Representatives shall be subject to the Confidentiality AgreementsRepresentatives.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 3 contracts
Sources: Merger Agreement (Terra Industries Inc), Merger Agreement (CF Industries Holdings, Inc.), Agreement and Plan of Merger (CF Industries Holdings, Inc.)
Access to Information. (a) From After the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality AgreementsClosing, upon reasonable advance notice from Parent, the Company shall and (i) provide subject to Parent (x) Applicable Law and Parent’s (y) any confidentiality obligation or undertaking binding on a person or (ii) except where disclosure would undermine or void applicable legal privilege, Interbrew shall, and shall cause Labatt and its subsidiaries to, afford to AmBev and its officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) counsel and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours throughout the period prior to the Closing, to the books, records, offices, properties, books personnel and records Tax Returns of any Group Company, (ii) furnish to Parent Labatt and its Representatives subsidiaries and to such existing financial and operating data and other existing information as such persons AmBev and its representatives may reasonably request in writingrequest, and (iii) instruct and, during such period shall furnish promptly to AmBev any information concerning Labatt or any of its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner subsidiaries as not to interfere unreasonably with the business or operations of the Company AmBev or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their dutiesrepresentatives may reasonably request.
(b) Notwithstanding anything After the date hereof until the Closing, upon reasonable notice and (i) subject to (x) Applicable Law and (y) any confidentiality obligation or undertaking binding on a person or (ii) except where disclosure would undermine or void applicable legal privilege, AmBev shall afford to Interbrew, Labatt and their respective officers, employees, accountants, financial advisors, counsel and other representatives such access throughout the period prior to the contrary in Section 6.03(a)Closing, nothing in this Agreement to the books, records, offices, properties, personnel and Tax Returns of AmBev and its subsidiaries and to such other information as Interbrew or Labatt and their respective representatives may reasonably request, and, during such period shall require the Company furnish promptly to Interbrew and Labatt any information concerning AmBev or any of its Subsidiaries to provide Parent subsidiaries as Interbrew, Labatt or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not their respective representatives may reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Lawrequest.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 3 contracts
Sources: Incorporacao Agreement (Interbrew S A), Incorporacao Agreement (American Beverage Co Ambev), Incorporacao Agreement (American Beverage Co Ambev)
Access to Information. (a) From Subject to applicable Law and the date hereof until other provisions of this Section 6.7, Firefly and Ohm each shall (and shall cause its Subsidiaries to), upon request by the other, furnish the other with all information concerning itself, its Subsidiaries, directors, officers and stockholders and such other matters as may be reasonably necessary or advisable in connection with the Joint Proxy Statement, the Registration Statement, or any other statement, filing, notice or application made by or on behalf of Ohm, Firefly or any of their respective Subsidiaries to any third party or any Governmental Entity in connection with the Transactions. Each Party shall, and shall cause each of its Subsidiaries to, afford to the other Party and its Representatives, during the period prior to the earlier of the Company Merger Effective Time and the termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreementsterms of Section 8.1, reasonable access, at reasonable times upon reasonable advance notice from Parentprior notice, to the Company shall (i) provide to Parent (and Parent’s officers, directors, key employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) properties, offices and other authorized representatives facilities of Parent such Party and such other partiesits Subsidiaries and to their books, collectivelyrecords, “Representatives”) reasonable access during normal business hours Contracts and documents and shall, and shall cause each of its Subsidiaries to, furnish promptly to the offices, properties, books and records of any Group Company, (ii) furnish to Parent other Party and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct concerning its and its Subsidiaries’ employeesbusiness, legal counselproperties, financial advisorsContracts, auditors records and personnel as may be reasonably requested, from time to time, by or on behalf of the other Representatives to reasonably cooperate with Parent Party. Each Party and its Representatives in their investigation. Notwithstanding the foregoing, shall conduct any such investigation shall be conducted activities in such a manner as not to interfere unreasonably with the business or operations of the Company other Party or its Subsidiaries or otherwise result in cause any significant unreasonable interference with the prompt and timely discharge by the employees of the Company or other Party and its Subsidiaries of their normal duties.. Notwithstanding the foregoing:
(bi) Notwithstanding anything No Party shall be required to, or to cause any of its Subsidiaries to, grant access or furnish information, as applicable, to the contrary other Party or any of its Representatives to the extent that such information is subject to an attorney/client privilege or the attorney work product doctrine or that such access or the furnishing of such information, as applicable, is prohibited by applicable Law or an existing Contract or agreement (provided, however, Firefly or Ohm, as applicable, shall inform the other Party as to the general nature of what is being withheld and Firefly and Ohm shall reasonably cooperate to make appropriate substitute arrangements to permit reasonable disclosure that does not suffer from any of the foregoing impediments, including through the use of reasonable best efforts to (A) obtain the required Consent or waiver of any third party required to provide such information and (B) implement appropriate and mutually agreeable measures to permit the disclosure of such information in Section 6.03(aa manner to remove the basis for the objection, including by arrangement of appropriate clean room procedures, redaction or entry into a customary joint defense agreement with respect to any information to be so provided, if the Parties determine that doing so would reasonably permit the disclosure of such information without violating applicable Law or jeopardizing such privilege);
(ii) No Party shall have access to personnel records of the other Party or any of its Subsidiaries relating to individual performance or evaluation records, nothing medical histories or other personnel information that in this Agreement shall require the Company other Party’s good faith opinion the disclosure of which could subject the other Party or any of its Subsidiaries to provide Parent or any risk of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or liability;
(iii) Each Party shall not be permitted to conduct any invasive or intrusive sampling or analysis (commonly known as a “Phase II”) of any environmental media or building materials at any facility of the disclosure other Party or its Subsidiaries without the prior written consent of the other Party (which may be granted or withheld in such books, records, documents or other information is prohibited by applicable Law.Party’s sole discretion); and
(civ) All No investigation or information provided or made available pursuant to this Section 6.03 6.7 shall affect or be deemed to Parent modify any representation or its warranty made by any Party and no Party shall, and each Party shall cause their respective Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation not, use any information obtained pursuant to this Section 6.03 6.7 for any purpose unrelated to the evaluation, negotiation or consummation of the Transactions.
(b) The Confidentiality Agreement dated as of April 22, 2021 between Ohm and Firefly (the “Confidentiality Agreement”) shall affect any representation or warranty in survive the execution and delivery of this Agreement and shall apply to all information furnished thereunder or hereunder. All information provided to any Party or its Representative pursuant to or in connection with this Agreement is deemed to be “Evaluation Material” as defined under the Confidentiality Agreement. From and after the date of any party hereto or any condition this Agreement until the earlier of the Company Merger Effective Time and termination of this Agreement in accordance with Article VIII, each Party shall continue to provide access to the obligations other Party and its Representatives to the electronic data room relating to the Transactions maintained by or on behalf of it to which the parties heretoother Party and its Representatives were provided access prior to the date of this Agreement.
Appears in 3 contracts
Sources: Merger Agreement (Oasis Petroleum Inc.), Merger Agreement (Whiting Petroleum Corp), Merger Agreement (Oasis Petroleum Inc.)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of the date on which this Agreement pursuant to is terminated in accordance with Article VIII VIII, and subject to applicable Law and or the Confidentiality Agreementsterms of any Contract to which the Company or any Company Subsidiary is subject (provided, that the Company shall use its reasonable best efforts to obtain any consent required under such Contract in order that it may comply with the terms of this Section 6.03(a)), upon reasonable advance notice from Parent, the Company and the Company Subsidiaries shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books books, records and records personnel of any Group Companysuch party, (ii) to the extent not publicly available, furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writingrequest, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their its investigation. Notwithstanding , provided, that the foregoing, any such investigation Company shall not be conducted in such a manner as not required to (A) take or allow actions that would unreasonably interfere unreasonably with the operation of the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of and the Company Subsidiaries, or its Subsidiaries (B) provide access to or furnish any information if doing so would violate any applicable Laws or where such access to information may involve the waiver of their dutiesany privilege so long as the Company has taken all reasonable steps to permit inspection of or to disclose such information on a basis that does not compromise the Company’s or any Company Subsidiary’s privilege with respect thereto.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available obtained by the parties pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreementskept confidential in accordance with Section 9.13.
(dc) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 3 contracts
Sources: Merger Agreement (Full Alliance International LTD), Merger Agreement (Yongye International, Inc.), Merger Agreement (Morgan Stanley)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Applicable Law and the Confidentiality Agreements, upon reasonable advance notice from ParentAgreement, the Company and Parent shall (i) provide upon reasonable advance notice, give to Parent (and Parent’s officersthe other party, directors, employees, accountants, consultantsits counsel, financial and legal advisors, agents, financing sources (including potential financing sources) auditors and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal regular business hours to the offices, properties, books and records of such party (except that neither party shall conduct any Group Companyenvironmental sampling or analysis without the advance written consent of the other party, which may be withheld in such other party’s sole discretion, and without executing a customary access and indemnity agreement in respect thereto), (ii) furnish to Parent and the other party, its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives authorized representatives such financial and operating data and other information as such Persons may reasonably request and (iii) instruct its employees, counsel, financial advisors, auditors and other authorized representatives to reasonably cooperate with Parent the other party in its investigation; provided, however, that the each party may restrict the foregoing access and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not disclosure of information pursuant to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in this Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information 8.06 to the extent that (iA) in the reasonable good faith judgment of such booksparty, recordsany Applicable Law requires such party or its Subsidiaries to restrict or prohibit access to any such properties or information, documents or other (B) in the reasonable good faith judgment of such party, the information is subject to any confidentiality agreement with obligations to a Third Party or (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (iiC) the disclosure of any such books, records, documents information or other information document would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (privilege; provided, further, that if with respect to clauses (A) through (C) of this Section 8.06, Parent or the Company, as applicable, shall use its commercially reasonable efforts to (1) obtain the required consent of any such Third Party to provide such access or disclosure, (2) develop an agreement or arrangement can be used alternative to maintain providing such privilege, the applicable parties shall, if requested by Parent, enter into information so as to address such agreement or other arrangement as matters that is reasonably acceptable to Parent and the Company to maintain and (3) in the case of clauses (A) and (C), enter into a joint defense agreement or implement such privilege) or (iii) other techniques if the parties determine that doing so would reasonably permit the disclosure of such books, records, documents information without violating Applicable Law or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No jeopardizing such privilege. Any investigation pursuant to this Section 6.03 shall be conducted in such manner as not to interfere unreasonably with the conduct of the business of the other party. No information or knowledge obtained in any investigation pursuant to this Section shall affect or be deemed to modify any representation or warranty in this Agreement of made by any party hereto or any condition to the obligations of the parties heretohereunder.
Appears in 3 contracts
Sources: Merger Agreement, Merger Agreement (Comcast Corp), Merger Agreement (Time Warner Cable Inc.)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII Upon reasonable notice and subject to applicable Law laws relating to the exchange of information, HCI shall, and shall cause each of its Subsidiaries to, afford to the Confidentiality Agreements, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) counsel and other authorized representatives of Parent and such the other partiesproperty access, collectively, “Representatives”) reasonable access during normal business hours during the period prior to the officesEffective Time, to all its properties, books books, contracts, commitments and records records, and to its officers, employees, accountants, counsel and other representatives and, during such period, HCI shall, and shall cause its Subsidiaries to, make available to the other party (i) a copy of any Group Companyeach report, schedule, registration statement and other document filed or received by it during such period pursuant to the requirements of federal securities laws (other than reports or documents which HCI, as the case may be, is not permitted to disclose under applicable law) and (ii) furnish to Parent all other information concerning its business, properties and its Representatives such existing financial and operating data and other existing information personnel as such persons other party may reasonably request in writing, and (iii) instruct reasonable request. None of HCI nor any of its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation Subsidiaries shall be conducted in required to provide access to or to disclose information where such a manner as not to interfere unreasonably with access or disclosure would violate or prejudice the business or operations rights of its customers, jeopardize the attorney-client privilege of the Company institution in possession or its Subsidiaries control of such information or otherwise result contravene any law, rule, regulation, order, judgment, decree, fiduciary duty or binding agreement entered into prior to the date of this Agreement. The parties hereto will make appropriate substitute disclosure arrangements under circumstances in any significant interference with which the timely discharge by the employees restrictions of the Company or its Subsidiaries of their dutiespreceding sentence apply.
(b) Notwithstanding anything Neither HCI nor ALC shall disclose to any third party, other than its directors, officers, employees, accountants, attorneys, advisors or other representatives, information furnished by the contrary in Section 6.03(a), nothing in this Agreement shall require the Company other party or any of its such party's Subsidiaries or representatives pursuant to provide Parent or any of its Representatives with access to any booksSection 6.2(a) hereof, records, documents or other information to the extent that (i) unless such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Lawotherwise publicly available.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 3 contracts
Sources: Merger Agreement (Assisted Living Concepts Inc), Merger Agreement (LTC Properties Inc), Merger Agreement (LTC Properties Inc)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII Upon reasonable notice and subject to applicable Law and Laws relating to the Confidentiality Agreements, upon reasonable advance notice from Parentexchange of information, the Company shall (i) provide afford to Parent (and Parent’s its Affiliates and its and their officers, directorsagents, control persons, employees, consultants, professional advisers (including attorneys, accountants and financial advisors) (“Representatives”), during normal business hours during the period prior to the Effective Time, reasonable access (including for the purpose of coordinating transition planning with employees and conducting Phase I environmental site assessments) to all its and its Subsidiaries’ properties, books, contracts, commitments and records, and to its and its Subsidiaries’ officers, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) counsel and other authorized representatives of Parent and Representatives and, during such other partiesperiod, collectively, “Representatives”) reasonable access during normal business hours the Company shall promptly make available to the officesParent, propertiessubject, books in the case of competitively sensitive information, to any “clean-room” arrangements agreed between the Parties, (i) a copy of each report, schedule, registration statement and records other document filed or received by it during such period pursuant to the requirements of any Group Company, federal securities Laws and (ii) furnish to all other information concerning its business, properties and personnel as the Parent and may reasonably request.
(b) No investigation by Parent or its Representatives such existing financial and operating data and other existing information as such persons may shall affect the representations, warranties, covenants or agreements of the Company set forth herein.
(c) This Section 6.6 shall not require the Company to permit any access, or to disclose any information, that in the reasonable, good faith judgment of the Company is competitively sensitive, would reasonably request be expected to result in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives any violation of any material Contract or Law to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of which the Company or its Subsidiaries is a party or otherwise result in is subject or cause any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
privilege (bincluding attorney-client privilege) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require which the Company or any of its Subsidiaries would be entitled to provide Parent assert to be undermined with respect to such information if such undermining of such privilege could in the Company’s good faith judgment adversely affect in any material respect the Company’s position in any pending or any reasonably probable future litigation; provided, that the Parties shall cooperate in seeking to find a way to allow disclosure of its Representatives with access to any books, records, documents or other such information to the extent that doing so (i1) would not (in the good faith belief of the Company) reasonably be likely to result in the violation of any such books, records, documents material Contract or other Law or reasonably be likely to cause such privilege to be undermined with respect to such information is subject or (2) could reasonably (in the good faith belief of the Company) be managed through the use of any “clean-room” arrangements agreed between the Parties pursuant to any confidentiality agreement with a Third Party (which non-employee Representatives of Parent shall be provided access to such information; provided, further, that at the request of Parent, the Company shall (x) notify the Parent that such disclosures are reasonably likely to violate the Company’s or its Subsidiaries’ obligations under any such material Contract or Law or are reasonably likely to cause such privilege to be undermined and (y) in the case where such disclosures are reasonably likely to violate the Company’s or its Subsidiaries’ obligations under any material Contract, use its reasonable best commercial efforts to obtain a waiver seek consent from the applicable third party to any such Third Party), material Contract with respect to the disclosures prohibited thereby (ii) to the disclosure extent not otherwise expressly prohibited by the terms of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality AgreementsContract).
(d) No investigation Unless and until the Closing occurs, the information provided pursuant to this Section 6.03 6.6 shall affect be kept confidential by the recipient thereof in accordance with, and shall otherwise abide by and be subject to the terms and conditions of, the Confidentiality Agreement, except that notwithstanding Section 2 of the Confidentiality Agreement, (x) the Company and Parent may disclose any representation of the terms, conditions or warranty in other facts of the Transactions and other transactions contemplated by this Agreement if expressly permitted by the terms of this Agreement; (y) notwithstanding Section 1 of the Confidentiality Agreement, the Company shall have no further consent rights with respect to Parent’s selection of any party hereto potential source of debt financing (and their respective representatives) or any condition Parent’s ability to share Confidential Information (as defined in the Confidentiality Agreement) with such debt financing sources (provided, that Parent shall provide prompt written notice to the obligations Company of any such debt financing sources with whom it has shared Confidential Information) and (z) any such debt financing sources shall be expressly included within the definition of “Representatives” in the Confidentiality Agreement.
(e) Notwithstanding any other provision of this Agreement, Parent agrees that it will not, and will cause its Representatives not to, prior to the Effective Time, use any information obtained pursuant to this Section 6.6 for any competitive or other purpose unrelated to the consummation of the parties heretoTransactions.
Appears in 3 contracts
Sources: Merger Agreement (Hillshire Brands Co), Merger Agreement (Tyson Foods Inc), Merger Agreement (Tyson Foods Inc)
Access to Information. During the Interim Period, the Company and Parent shall each use its commercially reasonable efforts to, (a) From continue to give the date hereof until the earlier of the Effective Time other party, its legal counsel and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and its other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable Representatives full access during normal business hours to the offices, properties, books properties and records Books and Records of any Group Companythe Company (including the Company continuing to provide Parent and its representatives access to the “data rooms” or “virtual data rooms” used in connection with the negotiation of and entering into this Agreement), (iib) furnish to Parent the other party, its legal counsel and its other Representatives such existing financial information relating to the business of the Company and operating data and other existing information Parent as such persons Persons may reasonably request including additional diligence information requested by Parent which the Company shall input into the “data rooms” or “virtual data rooms” used in writing, connection with the negotiation of and entering into this Agreement and (iiic) instruct cause its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors accountants and other Representatives to reasonably cooperate with the other party in its investigation of the Business (in the case of the Company) or the business of Parent (in the case of Parent); provided, that no investigation pursuant to this Section 6.3 (or any investigation made prior to the date hereof) shall affect any representation or warranty given by the Company or Parent; and its Representatives in their investigation. Notwithstanding the foregoingprovided, further, that any such investigation pursuant to this Section 6.3 shall be conducted in such a manner as not to interfere unreasonably with the business or operations conduct of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees Business of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a)Company, nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any booksprovided further that, records, documents or other information to the extent that (i) such booksthe furnishing of any information pursuant to this Section 6.3, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at if the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure furnishing of such booksinformation would, recordsin the opinion of legal counsel to such party, documents or other information would result in the loss of attorney-client privilege or other legal privilege that could not from such disclosure, in which case the parties will enter into a joint defense arrangement or similar agreement, in a form and substance reasonably satisfactory to the parties, in order to allow such information to be remedied by use disclosed without the loss of common interest agreements attorney-client privilege or other arrangements privilege with respect to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Lawinformation.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 3 contracts
Sources: Merger Agreement (Revelstone Capital Acquisition Corp.), Merger Agreement (Revelstone Capital Acquisition Corp.), Merger Agreement (Revelstone Capital Acquisition Corp.)
Access to Information. (a) From the date hereof of this Agreement until the earlier of the Effective Time and the termination of this Agreement pursuant to Article VIII and subject to applicable Law in accordance with its terms, each of Parent and the Confidentiality AgreementsCompany shall keep the Investor reasonably informed of any material development of the proposed Distribution (including the status thereof) and, upon reasonable advance notice from Parentnotice, each of Parent and the Company shall (iand each shall cause its respective Subsidiaries to) provide afford to Parent (the Investor and Parent’s its officers, directors, employees, accountants, consultantscounsel, and financial and legal advisorsadvisors reasonable access, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours hours, to (a) the offices, properties, books and records of any Group Company, (ii) furnish principally relating to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, the China Business and (iiib) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the senior management employees of the Company Company; provided, however, that Parent or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with may restrict the foregoing access to any books, records, documents or other information to the extent that (i) such books, records, documents any Applicable Laws or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Material Contract requires Parent, the Company shall use its reasonable best efforts or any of their respective Subsidiaries to obtain a waiver from restrict or prohibit access to any such Third Party), properties or information or (ii) the disclosure of such books, records, documents or other information would result in violate confidentiality obligations to a third party (who is not an outside advisor of Parent and/or the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain Company). The Investor will hold any such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available obtained pursuant to this Section 6.03 5.8 in confidence in accordance with, and will otherwise be subject to, the provisions of the undertaking to Parent dated May 5, 2016 by the Investor and the underlying Confidentiality Agreement dated February 4, 2016 between Parent and Primavera Capital Limited (as may be amended or supplemented, the “Confidentiality Agreement”). Notwithstanding anything in the Confidentiality Agreement or this Agreement to the contrary, following the Closing, (x) any disclosure of information (other than any information relating to the Parent or its Representatives Subsidiaries (excluding, for the avoidance of doubt, the Company and its Subsidiaries)) that is not prohibited by Section 3.2 of the Shareholders Agreement shall not be subject deemed to be a breach of this Section 5.8 or the Confidentiality Agreements.
Agreement, (dy) No investigation pursuant any action that is not prohibited by Section 2.2 of the Shareholders Agreement shall not be deemed to this Section 6.03 shall affect any representation or warranty in this Agreement be a breach of any party hereto or any condition to the standstill obligations of the parties heretoInvestor solely in respect of the Company set forth in the seventh paragraph of the Confidentiality Agreement, and (z) except as provided in (x) and (y), nothing in this Section 5.8 shall be construed to limit or otherwise modify the provisions or term of the Confidentiality Agreement, which shall survive any termination of this Agreement. Any investigation by the Investor shall not affect the representations and warranties contained herein or the conditions to the respective obligations of the Parties to consummate the Investment.
Appears in 3 contracts
Sources: Investment Agreement, Investment Agreement (Yum China Holdings, Inc.), Investment Agreement (Yum Brands Inc)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and or the earlier termination of this Agreement pursuant to Article VIII and in accordance with its terms, subject to applicable Law and Applicable Law, solely for the Confidentiality Agreements, upon reasonable advance notice from Parentpurpose of facilitating the Closing, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of give Parent and such other partiesits Representatives, collectivelyupon reasonable prior notice, “Representatives”) reasonable access during normal business hours to the personnel, offices, properties, books and records of any Group Companythe Company and its Subsidiaries, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons Persons may reasonably request in writing, writing and (iii) instruct its Representatives to cooperate reasonably with Parent in its investigation of the Company and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives . Any investigation pursuant to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation this Section 6.03 shall be conducted in such a manner as not to interfere unreasonably with the conduct of the business or operations of the Company or and its Subsidiaries or otherwise result in any significant interference with the prompt and timely discharge by the employees of the Company or its Subsidiaries of their normal duties. Nothing in this Section 6.03 shall require the Company to provide any access, or to disclose any information (A) if providing such access or disclosing such information would violate any Applicable Law (including Competition Laws, Foreign Investment Laws, privacy laws and COVID-19 Measures) or a binding agreement entered into prior to the date of this Agreement, (B) protected by attorney-client privilege (whether owned by the Company, the Board of Directors or the Special Committee) to the extent such privilege cannot be protected by the Company through exercise of its reasonable best efforts, (C) concerning Acquisition Proposals, which shall be governed by Section 6.04, or (D) regarding the deliberations of the Board of Directors or the Special Committee with respect to the transactions contemplated by this Agreement or any similar transaction or transactions with any other Person (which shall be governed by Section 6.04 as applicable), the entry into the Agreement or any Transaction Document, or any materials provided to the Board of Directors or the Special Committee in connection therewith.
(b) Notwithstanding anything All information exchanged pursuant to Section 6.03(a) shall be subject to the contrary in Section 6.03(a)confidentiality agreement dated as of October 13, nothing in this Agreement shall require 2022, between the Company or any of its Subsidiaries to provide and Parent or any of its Representatives with access to any books, records, documents or other information to (the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party“Confidentiality Agreement”), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or During the period between the date hereof and the Closing Date, the Company and its Representatives shall be subject cooperate with Parent and its Representatives with respect to providing information and making the required determinations with respect to the Confidentiality Agreements.
(d) No investigation pursuant to this identification of, and the potential impact and liabilities under Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations 280G of the parties heretoCode associated with, current or former Company Service Providers who are or may be determined to be “disqualified individuals” (within the meaning of Section 280G of the Code) as a result of, or due to, the transactions contemplated by this Agreement.
Appears in 3 contracts
Sources: Merger Agreement (Sokol David L), Merger Agreement (Washington Dennis R), Merger Agreement (Atlas Corp.)
Access to Information. (a) From Subject to Section 6.3(b), from the date hereof until the earlier of this Agreement to the Effective Time and or the earlier termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from ParentSection 8.1, the Company shall, and shall cause each Company Subsidiary and each of its and their respective directors, officers, employees, accountants, consultants, legal counsel, investment bankers, advisors and agents and other representatives (collectively, “Company Representatives”) to, (i) provide to Parent (and Parent’s the Purchaser and each of their respective officers, directors, employees, accountants, consultants, financial and legal counsel, investment bankers, advisors, agents, financing sources (including potential financing sources) agents and other authorized representatives of Parent and such other parties, (collectively, “Parent Representatives,” and, each, together with each of the Company Representatives, a “Representative”) reasonable access during normal business hours at reasonable times and upon reasonable prior notice to the officesCompany, to the officers, employees, agents, properties, offices and other facilities of the Company and the Company Subsidiaries and to the books and records of any Group Company, thereof and (ii) furnish promptly furnish, or cause to Parent and its Representatives be furnished, such existing financial and operating data reasonably available information concerning the business, properties, Contracts, assets, liabilities, personnel and other existing information aspects of the Company and the Company Subsidiaries as such persons Parent, the Purchaser or the Parent Representatives may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigationrequest. Notwithstanding the foregoing, neither the Company nor any such investigation Company Subsidiary shall be conducted required to provide access to or disclose information where such access or disclosure would (A) interfere in such a any significant manner as not to interfere unreasonably with the operation or business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with Company Subsidiary, (B) jeopardize the timely discharge by the employees attorney-client privilege of the Company or its Subsidiaries of their duties.
any Company Subsidiary or (bC) Notwithstanding anything contravene any Law or Contract to the contrary in Section 6.03(a), nothing in this Agreement shall require which the Company or any of its Subsidiaries to provide Parent Company Subsidiary is party or any of its Representatives with access privacy policy applicable to the Company’s or any booksCompany Subsidiary’s customer information (provided that the Company shall, records, documents or other information to the extent reasonably practicable, cause such information to be provided in a manner that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would not result in the loss of attorney-client such jeopardy or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Lawviolation).
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 3 contracts
Sources: Merger Agreement, Merger Agreement (Quest Diagnostics Inc), Merger Agreement (Celera CORP)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII Closing, upon reasonable notice and subject to such limitations as may be required by applicable Law and the Confidentiality AgreementsLaw, upon reasonable advance notice from each of Parent, the Company shall (i) provide to Parent (Seller and Parent’s other Affiliates shall cause its officers, directors, employees, accountantsagents, consultantsrepresentatives, financial accountants and legal advisorscounsel to: (i) afford the officers, employees, agents, accountants, counsel, financing sources (including potential financing sources) and other authorized representatives of Parent and such other partiesthe Purchaser reasonable access, collectively, “Representatives”) reasonable access during normal business hours hours, to the offices, properties, plants, other facilities, books and records of Parent, the Seller and Parent’s other Affiliates (relating to the Business), including access to enter upon such properties, plants and facilities to conduct an ASTM 1527-00 Phase I Environmental Site Assessment, provided that as part of the Phase I Environmental Site Assessment the Purchaser and its agents cannot contact any Group CompanyGovernmental Authority to discuss any environmental matters involving or in any way associated with the Seller, MeadWestvaco or the Operating Sites without the express written consent of the Seller explicitly approving such communication, and to those officers, directors, employees, agents, accountants and counsel of the Seller who have any Knowledge relating to the Business and (ii) furnish to Parent the officers, employees, agents, accountants, counsel, financing sources and its Representatives representatives of the Purchaser such existing additional financial and operating data and other existing information as such persons may reasonably request in writingregarding the assets, properties, liabilities and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations goodwill of the Company Business (or legible copies thereof) as the Purchaser may from time to time reasonably request; provided, however, that the Purchaser, its Subsidiaries agents and consultants shall not meet and confer with any Governmental Authority or otherwise result in have access to enter upon such properties, plants and facilities to investigate and collect air, surface water, groundwater and soil samples or to conduct any significant interference with other type of testing without the timely discharge by the employees prior written consent of the Company or its Subsidiaries of their dutiesSeller explicitly approving such prohibited activity.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Asset Purchase Agreement (NewPage CORP), Asset Purchase Agreement (NewPage Holding CORP)
Access to Information. (a) From Subject to applicable Law, Section 6.9(c) and the date hereof until other provisions of this Section 6.8, the Company and Parent each shall (and shall cause its Subsidiaries to), upon request by the other, furnish the other with all information concerning itself, its Subsidiaries, directors, officers and stockholders and such other matters as may be reasonably necessary or advisable in connection with the Joint Proxy Statement, the Registration Statement, or any other statement, filing, notice or application made by or on behalf of Parent, the Company or any of their respective Subsidiaries to any third party or any Governmental Entity in connection with the Transactions. The Company shall, and shall cause each of its Subsidiaries to, afford to Parent and its Representatives, during the period prior to the earlier of the Effective Time and the termination of this Agreement pursuant to in accordance with Article VIII and subject to applicable Law and the Confidentiality AgreementsVIII, reasonable access, at reasonable times upon reasonable advance notice from Parentprior notice, to the Company shall (i) provide to Parent (and Parent’s officers, directors, key employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) properties, offices and other authorized representatives facilities of Parent the Company and such other partiesits Subsidiaries and to their books, collectivelyrecords, “Representatives”) reasonable access during normal business hours to the officescontracts and documents and shall, propertiesand shall cause each of its Subsidiaries to, books and records of any Group Company, (ii) furnish reasonably promptly to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct concerning its and its Subsidiaries’ employeesbusiness, legal counselproperties, financial advisorscontracts, auditors records and personnel as may be reasonably requested, from time to time, by or on behalf of Parent solely to the extent in furtherance of the consummation of the Merger and the other Representatives to reasonably cooperate with Transactions. Parent and its Representatives in their investigation. Notwithstanding the foregoing, shall conduct any such investigation shall be conducted activities in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in cause any significant unreasonable interference with the prompt and timely discharge by the employees of the Company or and its Subsidiaries of their normal duties.. Notwithstanding the foregoing:
(bi) Notwithstanding anything no Party shall be required to, or to cause any of its Subsidiaries to, grant access or furnish information, as applicable, to the contrary other Party or any of its Representatives to the extent that such information is subject to an attorney/client privilege or the attorney work product doctrine or that such access or the furnishing of such information, as applicable, is prohibited by applicable Law or an existing contract or agreement (provided, however, that the Company or Parent, as applicable, shall inform the other Party as to the general nature of what is being withheld and the Company and Parent shall reasonably cooperate with Parent to make appropriate substitute arrangements to permit reasonable disclosure that does not suffer from any of the foregoing impediments, including through the use of reasonable best efforts to (A) obtain the required consent or waiver of any third party required to provide such information and (B) implement appropriate and mutually agreeable measures to permit the disclosure of such information in Section 6.03(aa manner to remove the basis for the objection, including by arrangement of appropriate clean room procedures (including as set forth in the Clean Team Agreement), nothing redaction or entry into a customary joint defense agreement with respect to any information to be so provided, if the Parties determine that doing so would reasonably permit the disclosure of such information without violating applicable Law or jeopardizing such privilege);
(ii) No Party shall have access to personnel records of the other Party or any of its Subsidiaries relating to individual performance or evaluation records, medical histories or other information that, in this Agreement shall require the Company other Party’s good faith opinion, the disclosure of which could subject the other Party or any of its Subsidiaries to provide Parent or any risk of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or liability;
(iii) Parent shall not be permitted to conduct any sampling or analysis of any environmental media or building materials at any facility of the disclosure Company or its Subsidiaries without the prior written consent of such books, records, documents the Company (granted or other information is prohibited by applicable Law.withheld in its sole discretion); and
(civ) All no investigation or information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 6.8 shall affect or be deemed to modify any representation or warranty in made by the Company.
(b) The Confidentiality Agreement dated as of August 4, 2025, between Parent and the Company (the “Confidentiality Agreement”) shall survive the execution and delivery of this Agreement and shall apply to all information furnished thereunder or hereunder; provided, that Section 7 of any party hereto or any condition the Confidentiality Agreement shall be of no force and effect as of the date hereof. From and after the date of this Agreement until the earlier of the Effective Time and termination of this Agreement in accordance with Article VIII, each Party shall continue to provide access to the obligations other Party and its Representatives to the data relating to the Transactions maintained by or on its behalf to which the other Party and its Representatives were provided access prior to the date of the parties heretothis Agreement.
Appears in 2 contracts
Sources: Merger Agreement (Compass, Inc.), Merger Agreement (Anywhere Real Estate Inc.)
Access to Information. (a) From During the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality AgreementsPre-Closing Period, upon reasonable advance notice from Parentprior notice, the Seller shall, and shall cause Company or Company Subsidiary to, and Parent shall, and shall cause Buyer to, (i) provide to Parent (and Parent’s officersafford the Representatives of the other Party reasonable access, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours hours, to the offices, its properties, books and records of any Group Company, with respect to the Transactions and (ii) furnish to Parent and its the Representatives of the other Party such existing additional financial and operating data and other existing information regarding the Transactions as such persons the other Party or its Representatives may from time to time reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding for purposes of consummating the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their dutiesTransactions.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement to the contrary,
(i) (A) in no event shall require Seller, Company, Company Subsidiary or their respective Affiliates be obligated to provide any (1) access or information in violation of any applicable Law, (2) information with respect to bids, the identity of any bidder, confidentiality or non-disclosure agreements, letters of intent, expressions of interest or other proposals received in connection with transactions comparable to those contemplated by this Agreement or any information or analysis relating to any such communications, (3) information the disclosure of which could jeopardize any applicable privilege (including the attorney-client privilege) available to Seller, Company, Company Subsidiary or any of their respective Affiliates relating to such information or (4) information the disclosure of which could cause Seller, Company, Company Subsidiary or any of their respective Affiliates to breach a confidentiality obligation to which it is bound, and (B) such investigation shall not unreasonably interfere with any of the businesses, personnel or operations of Seller, Company, Company Subsidiary or any of their respective Affiliates or the Business;
(ii) (A) in no event shall Buyer, Parent or their respective Affiliates be obligated to provide any (1) access or information in violation of any applicable Law, (2) information with respect to bids, the identity of any bidder, confidentiality or non-disclosure agreements, letters of intent, expressions of interest or other proposals received in connection with transactions comparable to those contemplated by this Agreement or any information or analysis relating to any such communications, (3) information the disclosure of which could jeopardize any applicable privilege (including the attorney-client privilege) available to Buyer, Parent or any of their respective Affiliates relating to such information or (4) information the disclosure of which could cause Buyer, Parent or any of their respective Affiliates to breach a confidentiality obligation to which it is bound, and (B) such investigation shall not unreasonably interfere with any of the businesses, personnel or operations of Buyer, Parent or any of their respective Affiliates or their businesses;
(iii) the auditors and accountants of Buyer, Parent, or any of their respective Affiliates shall not be obligated to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants;
(iv) the auditors and accountants of Seller, Company, Company Subsidiary, any of their respective Affiliates or the Business shall not be obligated to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants;
(v) neither Parent nor Buyer shall conduct, without the prior written consent of Seller, which Seller may withhold for any or no reason, any environmental investigation at any property affiliated with the Business or with Seller, Company, Company Subsidiary or any of their respective Affiliates, including any sampling, testing or other intrusive indoor or outdoor investigation of air, surface water, groundwater, soil or anything else at or in connection with any property associated or affiliated in any way with the Business, Seller, Company, Company Subsidiary or any of their respective Affiliates;
(vi) before the Closing, without the prior written consent of Seller, which Seller may withhold for any or no reason, none of Parent, Buyer nor any of their respective Representatives shall contact any employees of, suppliers to, or customers of, Seller, Company, Company Subsidiary (except for customers which are also customers of Parent or Buyer) or any of their respective Affiliates or Representatives in connection with or with respect to this Agreement, any other Transaction Agreement or any Transaction, or to otherwise discuss the business or operations of Company, Company Subsidiary or the Business. Notwithstanding the forgoing, Buyer and Seller agree to develop a list of approved talking points that can be used with common customers of Buyer and Seller, who may inquire of Buyer or Seller the impact of the Transaction on their ongoing relationship with Buyer or Seller, and will instruct their field sales forces and any other Representatives to only speak to matters contained in and in accordance with such script;
(vii) Seller shall not be required, before the Closing, to disclose, or cause or seek to cause the disclosure of, to Parent, Buyer or their respective Affiliates or Representatives (or provide access to any properties, books or records of Seller or any of its Subsidiaries Affiliates that would reasonably be expected to provide Parent result in the disclosure to such persons or others of) any confidential information relating to Trade Secrets, proprietary know-how, processes or patent, trademark, trade name, service ▇▇▇▇ or copyright applications or product development, or pricing and marketing plans, nor shall Seller be required to permit or cause or seek to cause others to permit Parent, Buyer or their respective Affiliates or Representatives to have access to or to copy or remove from the properties of Seller or any of its Representatives with access to Affiliates any booksdocuments, records, documents drawings or other information to the extent materials that (i) might reveal any such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Lawconfidential information.
(c) All If so requested by Seller, Parent and/or Buyer shall enter into a mutually satisfactory customary joint defense agreement or common interest agreement with Seller, Company, Company Subsidiary or their respective Affiliates with respect to any information provided to Parent or made available Buyer, or to which Parent or Buyer gain access, pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements6.02.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Stock Purchase Agreement (General Electric Co), Stock Purchase Agreement (Neogenomics Inc)
Access to Information. During the Interim Period, DLQ Parent, the Company, and Parent shall each, use its commercially reasonable efforts to, (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance prior written notice from Parentand during regular business hours, continue to give the Company shall (i) provide to Parent (other party, its legal counsel and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and its other authorized representatives of Parent and such other parties, collectively, “Representatives”) Representatives reasonable access during normal business hours to the offices, properties, books properties and records of any Group CompanyBooks and Records, (iib) furnish to Parent the other party, its legal counsel and its other Representatives such existing financial information relating to the business of the Company Group and operating data and other existing information Parent as such persons Persons may reasonably request in writing, and (iiic) instruct cause its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors accountants and other Representatives to reasonably cooperate with the other party in its investigation of the Business (in the case of the Company Group) or the business of Parent and its Representatives (in their investigation. Notwithstanding the foregoingcase of Parent); provided, that any such investigation pursuant to this Section 6.3 shall be conducted in such a manner as not to interfere unreasonably with the business or operations conduct of the Business of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Group. Notwithstanding anything to the contrary in Section 6.03(a), nothing expressed or implied in this Agreement Agreement, neither party shall require be required to provide the Company access described above or disclose any information to the other party if doing so is, in such party’s reasonable judgement, reasonably likely to (i) result in a waiver of attorney-client privilege, work product doctrine or similar privilege or (ii) violate any contract to which it is a party or to which it is subject or any of its Subsidiaries applicable Law. Notwithstanding anything herein to provide Parent the contrary, no such access or any of its Representatives with access to any books, records, documents or other information examination shall be permitted to the extent that it would require the Company Group to disclose (ia) such booksdue diligence questions, recordslists or investigations conducted by others, documents names, bids, letters of intent, expressions of interest, or other proposals received from others in connection with the transactions contemplated hereby or otherwise information is subject and analyses relating to such communications, (b) information related to the analysis of the transactions contemplated hereby by DLQ Parent or any confidentiality agreement with a Third Party (provided, that at the request member of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party)Group, (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All any document or information provided or made available pursuant prohibited to this Section 6.03 be shared by Law until such time as such documents are not prohibited to Parent or its Representatives shall be subject to the Confidentiality Agreements.
shared, and (d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty the Company and DLQ Parent must approve, in this Agreement of any party hereto or any condition to the obligations its sole discretion, and an officer of the parties heretoCompany and DLQ Parent must be present and included in any communications with customers or employees of the Company. Parent agrees to abide by the confidentiality terms of the Confidentiality Agreement and will treat such information as Confidential Information under the Confidentiality Agreement.
Appears in 2 contracts
Sources: Merger Agreement (Logiq, Inc.), Merger Agreement (Abri SPAC I, Inc.)
Access to Information. (a) From the date hereof of any issuance by the Parent of the Parent's Notification of Merger Election until the earlier of Effective Time, Parent will give the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records of any Group Company, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives authorized representatives reasonable access (during normal business hours and upon reasonable notice) to reasonably cooperate with the officers, accountants, auditors, counsel and other representatives of Parent and its Representatives subsidiaries, will furnish to the Company, its counsel, financial advisors, auditors and other authorized representatives such financial, operating and property related data and other information as such persons may reasonably request under the circumstances, will furnish promptly to the Company a copy of each report, schedule, registration statement and other document filed by Parent during such period pursuant to the requirements of federal or state securities laws and will instruct Parent's and its subsidiaries counsel and financial advisors to cooperate with the Company in their investigationits investigation of the business of Parent and the subsidiaries. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company shall not be entitled to (a) non-public information that Parent reasonably concludes can not or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of should not be disclosed to the Company for competitive reasons or its Subsidiaries of their duties.
applicable securities laws, (b) Notwithstanding anything obtain title reports, surveys, environmental reports or similar reports or studies with respect to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company properties owned or any of its Subsidiaries to provide leased by Parent or any of its Representatives with access to any books, records, documents or other information to the extent that subsidiaries (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, but the Company shall use its reasonable best efforts have the right to obtain a waiver from review any such Third Party), (ii) the disclosure of such books, records, documents or other information would result reports in the loss possession of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided access to non-officer employees or made available pursuant to this Section 6.03 to customers or suppliers of Parent or its Representatives shall be subject to the Confidentiality Agreementssubsidiaries.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Merger Agreement (Compudyne Corp), Merger Agreement (Compudyne Corp)
Access to Information. From the Execution Date until the Closing Date, upon the request from ETE, ETP will, and will cause ETC III, ETC II and the Company to: (a) From the date hereof until the earlier of the Effective Time give ETE and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultantsits counsel, financial and legal advisors, agents, financing sources (including potential financing sources) auditors and other authorized representatives of Parent and such other parties, (collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records of any Group Companythe Company and to the books and records of ETP, ETC III and ETC II relating to the Company and permit ETE to make copies thereof, in each case (i) during normal business hours and (ii) solely to the extent that ETP either (1) has access to such offices, properties, books and records and has the right, pursuant to the Company LLC Agreement, to provide access to such offices, properties, books and records to such Persons or (2) has the right, pursuant to the Company LLC Agreement, to require the Company to provide such access to such Persons; and (b) furnish to Parent ETE and its Representatives such existing financial operating data and other information relating to ETC III, ETC II and the Company as such Persons may reasonably request, solely to the extent that ETP either (i) possesses such financial and operating data and other information and has the right, pursuant to the Company LLC Agreement, to furnish such financial and operating data and other information to such Persons or (ii) has the right, pursuant to the Company LLC Agreement, to require the Company to furnish such financial and operating data and other information to such Persons. Any investigation pursuant to this Section 5.3 shall be conducted in such manner as not to interfere with the conduct of the business of ETP, ETC III, ETC II, or the Company. Notwithstanding the foregoing, ETE shall not be entitled to perform any intrusive or subsurface investigation or other sampling of, on or under any of the properties of the Company without the prior written consent of ETP. Notwithstanding the foregoing provisions of this Section 5.3, ETP shall not be required to, or to cause ETC III, ETC II, or the Company to, grant access or furnish information to ETE or any of its Representatives to the extent that such information is subject to an attorney/client or attorney work product privilege or that such access or the furnishing of such information is prohibited by Law or an existing information as such persons may reasonably request Contract. To the extent practicable, ETP shall make reasonable and appropriate substitute disclosure arrangements under circumstances in writingwhich the restrictions of the preceding sentence apply. To the fullest extent permitted by Law, ETP and its Representatives and Affiliates shall (1) not be responsible or liable to ETE for personal injuries sustained by ETE’s Representatives in connection with the access provided pursuant to this Section 5.3 and (iii2) instruct its shall be indemnified and its Subsidiaries’ employees, legal held harmless by ETE for any losses suffered by any such Persons in connection with any such personal injuries; provided such personal injuries are not caused by the gross negligence or willful misconduct of ETP. The Regency Parties and their respective counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation authorized representatives shall be conducted in such a manner as not deemed to interfere unreasonably with the business or operations be Representatives of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees ETP for all purposes of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements5.3.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Redemption and Exchange Agreement (Energy Transfer Partners, L.P.), Redemption and Exchange Agreement (Energy Transfer Equity, L.P.)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and valid termination of this Agreement pursuant to Article VIII or the Effective Time and subject to applicable Applicable Law (including COVID-19 Measures) and the Confidentiality Agreements, upon reasonable advance notice from ParentAgreement, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to and upon reasonable prior written notice, and solely for purposes of furthering the offices, properties, books and records of any Group CompanyMerger or integration planning relating thereto, (iia) furnish give to Parent and Parent, its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other authorized Representatives reasonable access during normal business hours to its officers, key employees, offices, properties, Contracts and books and records and (b) instruct its employees, counsel, financial advisors, auditors and other authorized Representatives to reasonably cooperate with Parent in such access; provided, however, that (i) the foregoing shall not require the Company or any of its Subsidiaries to permit access to (A) any information that would give rise to the waiver of any attorney-client privilege or other privilege or trade secret protection or the work product doctrine (provided that the Company shall use commercially reasonable efforts to make any such information available in such a way that would not reasonably be expected to jeopardize the attorney-client privilege or other privilege or trade secret protection or the work product doctrine), (B) any information that in the good faith reasonable opinion of the Company would violate any Applicable Law, (C) such documents or information that are reasonably pertinent to any pending litigation, suit, action or proceeding between the Company and its Representatives in their investigation. Notwithstanding Affiliates, on the one hand, and Parent and its Affiliates, on the other hand, (D) subject to, and without limiting, the requirements of Section 6.03 and Section 8.01(a), any information related to the negotiation and execution of this Agreement or to transactions potentially competing with or alternative to the transactions contemplated by this Agreement or proposals from other third parties relating to any competing or alternative transactions (including Acquisition Proposals) and the actions of the Company’s Board of Directors (or any committee thereof) with respect to any of the foregoing, whether prior to or after execution of this Agreement, or (E) subject to, and without limiting, the requirements of Section 6.03, any information related to an Adverse Recommendation Change or the actions of the Company’s Board of Directors (or any committee thereof) with respect thereto, (ii) any such investigation shall be conducted under reasonable supervision of appropriate personnel of the Company and in such a manner as not to unreasonably interfere unreasonably with the normal business or operations of the Company or its Subsidiaries or otherwise result in any significant interference unreasonable burden with respect to the prompt and timely discharge by the employees of the Company or its Subsidiaries of their duties.
normal duties and Parent shall use its commercially reasonable efforts to minimize to the extent reasonably practicable any disruption to the businesses of the Company that may result from any such requests for access and (biii) any access to the properties of the Company and its Subsidiaries will be subject to the Company’s reasonable security measures, policies and insurance requirements and will not include the right to sample soil, sediment, groundwater, surface water, air or building materials or conduct any other environmental sampling or analysis. For the avoidance of doubt, nothing in this Section 6.04 will be construed to require the Company, any of its Subsidiaries or any of their respective Representatives to prepare any reports, analyses, appraisals, opinions or other information that create an unreasonable burden on the employees of the Company or its Subsidiaries. In addition, the Company, its Subsidiaries and Parent shall cooperate in good faith to arrange for, as reasonably agreed by Parent and the Company, communication strategies for, and joint meetings of the Company and Parent with, the Company’s customers, suppliers, and employees; provided, that (y) such meetings do not unreasonably interfere with the operations of the Company and its Subsidiaries and (z) a Representative of the Company must be present at all times during such meetings. The Company may, as it deems advisable and necessary, reasonably designate commercially sensitive material provided to the other as “Outside Counsel Only Material” or with similar restrictions, and such materials and the information contained therein shall be given only to the outside counsel of the recipient, or otherwise as the restriction indicates, and be subject to any additional confidentiality or joint defense agreement between the parties. Notwithstanding anything to the contrary in Section 6.03(aherein, with the consent of Parent (which shall not be unreasonably withheld), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use may satisfy its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could obligations set forth above by electronic means if physical access is not reasonably feasible or would not be remedied by use permitted under Applicable Law (including as a result of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable LawCOVID-19 Measures).
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Merger Agreement (McAfee Corp.), Merger Agreement (McAfee Corp.)
Access to Information. (a) From and after the date hereof until the earlier of the Effective Time hereof, Fulcrum shall provide ▇▇▇▇▇▇ and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreementsits Representatives access, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours and at such other time or times as ▇▇▇▇▇▇ may reasonably request, to the officesits premises (including field offices and sites), books, contracts, records, computer systems, properties, books employees and records of any Group Companymanagement personnel and shall furnish promptly to ▇▇▇▇▇▇ all information concerning its business, (ii) furnish to Parent properties and its Representatives such existing financial and operating data and other existing information personnel as such persons ▇▇▇▇▇▇ may reasonably request in writingrequest, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation which information shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be remain subject to the Confidentiality Agreements., in order to permit ▇▇▇▇▇▇ to be in a position to expeditiously and efficiently integrate the business and operations of Fulcrum with those of ▇▇▇▇▇▇ immediately upon but not prior to the Effective Time. Fulcrum agrees to keep ▇▇▇▇▇▇ fully apprised in a timely manner of every circumstance, action, occurrence or event occurring or arising after the date hereof that would be relevant and material to a prudent operator of the business and operations of Fulcrum. Fulcrum shall confer with and obtain ▇▇▇▇▇▇'▇ approval (not to be unreasonably withheld or delayed), prior to taking action (other than in emergency situations) with respect to any material operational matters involved in its business. Without limiting the generality of any of the other provisions of this Agreement, Fulcrum shall make available to ▇▇▇▇▇▇ all other land, legal, title documents and related files, books, papers, financial information and pertinent documents or agreements. In addition, each of the parties agrees to:
(da) No permit the legal and professional representatives and agents of the other full access to such other’s books, records and documents, provided that the disclosing party is satisfied, acting reasonably, that the confidentiality of the subject matter of the disclosure can be maintained in accordance herewith; and
(b) endeavour to include in the information furnished to the other, or obtained by the other in the course of the aforesaid investigations, all information which would reasonably be considered to be relevant for the purposes of the other’s investigation and not knowingly withhold any information which would make anything contained in the information delivered erroneous or misleading. The parties acknowledge and agree that all information provided by one party to the other pursuant to this Section 6.03 3.5 shall affect any representation or warranty in this Agreement of any party hereto or any condition remain subject to the obligations provisions of the parties heretoConfidentiality Agreements.
Appears in 2 contracts
Sources: Amalgamation Agreement (mCloud Technologies Corp.), Amalgamation Agreement
Access to Information. (a) From the date hereof until the earlier of the Effective Time and the termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable reasonably advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other partiesrepresentatives, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records of any Group Company, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons Persons may reasonably request in writingrequest, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other the Company Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding ; provided that the foregoingCompany shall not be required to (A) furnish, or provide any access to, any information to any Person not a party to, or otherwise covered by, the Confidentiality Agreements or any similar agreement with respect to such investigation shall be conducted in such a manner as not to information, (B) take or allow actions that would unreasonably interfere unreasonably with the Company’s or any of its Subsidiaries’ operation of their respective business or operations (C) provide access to or furnish any information if doing so would violate any agreement with any Third Party or any applicable Law, or where such access to information may involve the waiver of any privilege so long as the Company has taken all reasonable steps to permit inspection of or to disclose such information on a basis that does not compromise the Company’s or any of its Subsidiaries or otherwise result in any significant interference Subsidiaries’ privilege with the timely discharge by the employees of the Company or its Subsidiaries of their dutiesrespect thereto.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Merger Agreement (Country Style Cooking Restaurant Chain Co., Ltd.), Merger Agreement (Country Style Cooking Restaurant Chain Co., Ltd.)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records of any Group Company, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, provided that at the request of Parent, the Company shall use its commercially reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not (unless and only to the extent reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used methods to maintain such privilege), the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Merger Agreement (Yao Jinbo), Merger Agreement (58.com Inc.)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII until the Effective Time, each party will give the other party and subject to applicable Law their authorized representatives (including counsel, environmental and the Confidentiality Agreements, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employeesother consultants, accountants, consultants, financial auditors and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable full access during normal business hours to the officesall facilities, properties, personnel and operations and to all books and records of any Group Company, (ii) furnish to Parent it and its Representatives subsidiaries, will permit and cooperate with such existing other party and their authorized representatives to conduct inspections as they may reasonably require (including, without limitation, any air, water, soil or other environmental testing and monitoring deemed necessary by them) and will cause its officers and those of its subsidiaries to furnish such other party with such financial and operating data and other existing information with respect to its business and properties as such persons other party may from time to time reasonably request in writingrequest; provided, and (iii) instruct its and its Subsidiaries’ employeeshowever, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding that the foregoing, performance by either party of any such investigation environmental testing or monitoring shall be conducted in such a manner as not subject to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge prior receipt by the employees other party of the Company or its Subsidiaries of their dutiesreasonably satisfactory indemnity relating thereto.
(b) Notwithstanding anything Each of Parent and Subco will hold and will cause their respective authorized representatives, including consultants and advisors, to hold in strict confidence pursuant to the contrary in Section 6.03(aConfidentiality Agreement, dated as of January 22, 1998, between Parent and the Company (the "Confidentiality Agreement"), nothing in this Agreement shall require all documents and information (whether oral or written) concerning the Company or any of and its Subsidiaries Subsidiary furnished to provide Parent or any of Subco in connection with the transactions contemplated by this Agreement. The Company will hold and will cause its Representatives with access authorized representatives, including consultants and advisors, to any books, records, documents or other information hold in strict confidence pursuant to the extent that Confidentiality Agreement, all documents and information (iwhether oral or written) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at concerning Parent and the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable Parent Subsidiaries furnished to the Company in connection with the transactions contemplated by this Agreement. Notwithstanding any provision of Article X hereof, nothing herein shall relieve any party of liabilities for any and all damages to maintain such privilege) or (iii) the disclosure other party by reason of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to any breach of this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements5.03(c).
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Merger Agreement (Elan Corp PLC), Merger Agreement (Neurex Corp/De)
Access to Information. (a) From the date hereof until the earlier Each of the Effective Time Parent and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from Parent, the Company shall (i) provide afford to Parent (and Parenteach other’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) counsel and other authorized representatives of Parent and such other partiesrepresentatives, collectively, “Representatives”) reasonable access (subject to Legal Requirements regarding the sharing of such information), during normal business hours hours, and upon reasonable prior notice, during the period from the date hereof through the Effective Time or the termination of this Agreement, to its properties, books, contracts, commitments, personnel and records in a manner commensurate with due diligence conducted by any party prior to the officesdate hereof. Any investigation conducted pursuant to the access contemplated by this Section 5.4 shall be conducted in a manner that does not (i) unreasonably interfere with the conduct of the business of the parties or their respective Subsidiaries, properties, books and records of any Group Companyas the case may be, (ii) furnish create a risk of damage or destruction to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and any property or assets of the parties or their respective Subsidiaries or (iii) instruct its involve any testing or sampling of the Environment (such as a Phase II Environmental Site Assessment). During such period, the Company and its Subsidiaries’ employeesParent shall furnish or make available promptly to each other (except as otherwise available on ▇▇▇▇▇) (a) a copy of each report, legal counselschedule, financial advisors, auditors registration statement and other Representatives document filed by it during such period pursuant to the requirements of federal or state securities laws and (b) all other information concerning its business, properties, assets and personnel as the other may reasonably cooperate with request. Parent and its Representatives the Company, as the case may be, will hold any such information which is nonpublic in their investigationconfidence in accordance with the Confidentiality Agreement. No information or knowledge obtained in any investigation pursuant to this Section 5.4 or otherwise shall affect or be deemed to modify any representation or warranty contained in this Agreement or the conditions to the obligations of the parties to consummate the Merger. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of Parent and the Company may restrict or its Subsidiaries or EXECUTION COPY otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with prohibit access to any books, records, documents or other information to the extent that (i) access to such books, records, documents or information would risk of waiver of any attorney-client privilege, work product doctrine or other applicable privilege applicable to such documents or information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), or (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements access to maintain such privilege (provided, that if such an agreement or arrangement can be used a contract to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect which any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties heretoAcquired Corporations or Parent and its Subsidiaries is a party or otherwise bound would violate or cause a default under, or give a third party the right terminate or accelerate the rights under, such contract.
Appears in 2 contracts
Sources: Merger Agreement (Amis Holdings Inc), Merger Agreement (On Semiconductor Corp)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from ParentMerger Sub, the Company shall (i) provide to Parent Merger Sub (and ParentMerger Sub’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent Merger Sub and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records of any Group Company, (ii) furnish to Parent Merger Sub and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent Merger Sub and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their normal duties. All requests for information made pursuant to this Section 6.03(a) shall be directed to the executive officers or other person designated by the Company.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent Merger Sub or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, provided that at the request of ParentMerger Sub, the Company shall use its commercially reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not (unless and only to the extent reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used methods to maintain such privilege), the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent Merger Sub or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation . Merger Sub shall be responsible for any unauthorized disclosure of any such information provided or made available pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto6.03(a) by its Representatives.
Appears in 2 contracts
Sources: Merger Agreement (Yan Rick), Merger Agreement (51job, Inc.)
Access to Information. (a) From The Company shall, and shall cause each of its Subsidiaries to, afford to Purchaser and to the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultantscounsel, financial and legal advisors, agents, financing sources (including potential financing sources) advisors and other authorized representatives Representatives of Parent and such other partiesPurchaser, collectively, “Representatives”) reasonable access during normal business hours during the period prior to the Effective Time to all their respective offices, properties, books books, contracts, commitments, personnel and records and, during such period, the Company shall, and shall cause its respective Subsidiaries to, furnish promptly to Purchaser (i) a copy of any Group Companyeach report, schedule, registration statement and other document filed by it during such period pursuant to the requirements of federal or state securities laws, (ii) furnish to Parent and its Representatives such existing any financial and operating data and other existing or information as such persons may reasonably request in writing, and (iii) all other information concerning its business, properties and personnel as such other party may reasonably request. The Company shall instruct its and its Subsidiaries’ officers, employees, legal accountants, counsel, financial advisors, auditors advisors and other Representatives to reasonably cooperate with Parent and reasonable requests of Purchaser in its Representatives in their investigation. Notwithstanding Except as required by applicable Laws, each of the foregoingparties hereto will hold, and will cause its respective officers, employees, accountants, counsel, financial advisors and other Representatives and affiliates to hold, any such investigation shall be conducted nonpublic information in such a manner as not confidence to interfere unreasonably with the business or operations extent required by, and in accordance with, the provisions of the confidentiality agreement previously entered into by Purchaser and the Company (the “Confidentiality Agreement”). Notwithstanding any other express or its Subsidiaries implied agreement, arrangement or otherwise result understanding to the contrary, except as reasonably necessary to comply with applicable securities laws, any party to this Agreement (and any employee, representative, or other agent of any party to this Agreement) may disclose to any and all Persons, without limitation of any kind, the “tax treatment” and “tax structure” (as such terms are defined in any significant interference with the timely discharge by the employees Treasury Regulation §1.6011-4) of the Company transactions contemplated by this Agreement and all materials of any kind (including opinions or its Subsidiaries other tax analyses) that are provided to it relating to such treatment. This authorization is not intended to permit disclosure of their dutiesany other information, including, without limitation, (x) any portion of any materials to the extent not related to the tax treatment or tax structure of the transaction, and (y) the identities of participants in the transactions.
(b) Notwithstanding anything Purchaser shall give prompt notice to the contrary Company of any facts, events or notice received by Purchaser which in Section 6.03(aany such case would reasonably be expected to cause the Financing to be unavailable by the End Date (as hereinafter defined). The Company shall give prompt notice to Purchaser, nothing and Purchaser shall give prompt notice to the Company, of (i) the occurrence or nonoccurrence of any event the occurrence or nonoccurrence of which would reasonably be expected to cause any representation or warranty of such party contained in this Agreement shall require the Company to be untrue or inaccurate in any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party)material respect, (ii) any failure of the disclosure Company or Purchaser, as the case may be, to materially comply with or satisfy, or the occurrence or nonoccurrence of such booksany event, records, documents the occurrence or other information nonoccurrence of which would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied expected to cause the failure by use of common interest agreements such party to materially comply with or other arrangements satisfy, any covenant, condition or agreement to maintain such privilege (providedbe complied with or satisfied by it hereunder, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) any notice or other communication from any Third Party alleging that the disclosure consent of such booksThird Party is or may be required in connection with the transactions contemplated by this Agreement or any Ancillary Document, records(iv) any actions, documents suits, claims, investigations or other information is prohibited proceedings commenced or, to the best of such party’s knowledge, threatened against, or affecting such party which, if pending on the date of this Agreement, would have been required to have been disclosed pursuant to this Agreement or which relate to the consummation of the transactions contemplated hereby or by applicable Law.
the Ancillary Documents, and (cv) All information provided the occurrence of any event, development or made available circumstance which has had or would be reasonably expected to result in a Company Material Adverse Effect or Purchaser Material Adverse Effect, as applicable; provided, however, that the delivery of any notice pursuant to this Section 6.03 to Parent 7.9(b) shall not limit or its Representatives shall be subject otherwise affect the remedies available hereunder to the Confidentiality Agreementsparty giving or receiving such notice.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Merger Agreement (FTD Inc), Merger Agreement (FTD Inc)
Access to Information. (a) From During the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality AgreementsPre-Appointment Period, upon reasonable advance notice from Parentnotice, the Company shall (iand shall cause its Subsidiaries to) provide afford to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) its Representatives reasonable access during normal business hours hours, and in a manner that does not materially disrupt or interfere with the business operations of the Company or its Subsidiaries, to the officesall its officers, propertiesemployees, properties and offices and to all books and records and, during such period, the Company shall (and shall cause its Subsidiaries to) furnish promptly to Parent and its Representatives, consistent with its legal obligations, all other information concerning its business, properties and personnel as Parent may reasonably request; provided, however, that the Company may restrict the foregoing access to the extent that, in the Company’s reasonable judgment, (i) providing such access would result in the disclosure of any Group Companytrade secrets of third parties or violate any of its obligations with respect to confidentiality if the Company shall have used its commercially reasonable best efforts to obtain the consent of such third party to such access, (ii) furnish any Applicable Law requires the Company or its Subsidiaries to Parent and its Representatives such existing financial and operating data and other existing restrict access to any properties or information as such persons may reasonably request in writing, and or (iii) instruct its and its Subsidiaries’ employeesproviding such access would result in the Company waiving or otherwise losing any privilege with respect to any such information or if such information constitutes attorney work product. Without limiting the foregoing, legal counsel, financial advisors, auditors and other Representatives to reasonably the Company shall cooperate with Parent and its Representatives in all reasonable respects (including by providing reasonable access to the Company’s and its Subsidiaries’ records, personnel, and customers) in connection with, and shall use its commercially reasonable best efforts to assist Parent and its Representatives or, at Parent’s option and expense, an independent third party consultant in their investigation. Notwithstanding efforts following the foregoingdate of this Agreement to, any verify information regarding its customers, including, if requested by Parent and to the extent permitted by Applicable Law, by requesting confirmation of such investigation shall be conducted in information and statements from such a manner as not to interfere unreasonably with the business or operations of customers, provided, that the Company shall have the right to participate jointly in any communications by Parent or its Subsidiaries or Representatives with customers except to the extent it may otherwise result agree in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their dutieswriting.
(b) Notwithstanding anything Without limiting the foregoing, the Company shall promptly notify Parent upon becoming aware of and, with respect to the contrary in Section 6.03(aSections 5.2(b)(i), nothing (ii), (iii), (v) and (vi), Parent shall promptly notify the Company upon becoming aware of:
(i) any notice or other communication from any Person alleging that the consent of such Person is or may be required in connection with the transactions contemplated by this Agreement shall require Agreement;
(ii) any notice or other communication from any Governmental Authority in connection with the transactions contemplated by this Agreement;
(iii) any Proceeding commenced or, to its knowledge, threatened against, relating to or involving or otherwise affecting the Company or any of its Subsidiaries to provide Subsidiaries, or Parent or any of its Representatives with access Subsidiaries, as the case may be, that, if pending on the date of this Agreement, would have been required to any bookshave been disclosed pursuant to Section 3.11 or Section 4.6, recordsas applicable, documents or other information that relates to the consummation of the transactions contemplated by this Agreement;
(iv) except to the extent that (i) such booksprohibited by Applicable Law, records, documents any notice or other information is subject written communication from any party to any confidentiality agreement Material Contract to the effect that such party is terminating or otherwise materially adversely modifying its relationship with a Third Party (provided, that at the request of Parent, the Company shall use or any of its reasonable best efforts Subsidiaries;
(v) any inaccuracy in any material respect of any representation or warranty contained in this Agreement at any time during the term hereof; and
(vi) any failure of the Company, or the Parent or the Merger Sub, as the case may be, to obtain a waiver from such Third Party)comply with or satisfy in any material respect any covenant, (ii) the disclosure of such books, records, documents condition or other information would result in the loss of attorney-client agreement to be complied with or other legal privilege that could not reasonably be remedied satisfied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Lawit hereunder.
(c) All Parent shall hold such information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject in confidence to the extent required by, and in accordance with, the provisions of the Confidentiality Agreements.
Agreement dated July 30, 2007 (d) No the “Confidentiality Agreement”). Any investigation pursuant to this Section 6.03 by the Company or Parent shall not affect any representation the representations and warranties or warranty in this Agreement of any party hereto or any condition the conditions to the obligations of the parties heretoCompany or Parent, as the case may be.
Appears in 2 contracts
Sources: Merger Agreement (Cognos Inc), Merger Agreement (Applix Inc /Ma/)
Access to Information. (a) From Subject to applicable Law and the date hereof until other provisions of this Section 6.7, the Company and Parent each shall (and shall cause its Subsidiaries to), upon request by the other, furnish the other with all information concerning itself, its Subsidiaries, directors, officers and stockholders and such other matters as may be reasonably necessary or advisable in connection with the Joint Proxy Statement, the Registration Statement, or any other statement, filing, notice or application made by or on behalf of Parent, the Company or any of their respective Subsidiaries to any third party or any Governmental Entity in connection with the Transactions. The Company shall, and shall cause each of its Subsidiaries to, afford to Parent and its Representatives, during the period prior to the earlier of the Effective Time and the termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreementsterms of Section 8.1, reasonable access, at reasonable times upon reasonable advance notice from Parentprior notice, to the Company shall (i) provide to Parent (and Parent’s officers, directors, key employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) properties, offices and other authorized representatives facilities of Parent the Company and such other partiesits Subsidiaries and to their books, collectivelyrecords, “Representatives”) reasonable access during normal business hours to the officescontracts and documents and shall, propertiesand shall cause each of its Subsidiaries to, books and records of any Group Company, (ii) furnish reasonably promptly to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct concerning its and its Subsidiaries’ employeesbusiness, legal counselproperties, financial advisorscontracts, auditors records and other personnel as may be reasonably requested, from time to time, by or on behalf of Parent; provided, that such access may be limited by the Company to the extent reasonably necessary (i) for the Company to comply with any applicable COVID-19 Measures or (ii) for such access, in light of COVID-19 or COVID-19 Measures, not to jeopardize the health and safety of the Company’s and its Subsidiaries’ respective Representatives or commercial partners (provided that, in the case of each of clauses (i) and (ii), the Company shall, and shall cause its Subsidiaries to, use commercially reasonable efforts to reasonably cooperate with provide such access as can be provided (or otherwise convey such information regarding the applicable matter as can be conveyed) in a manner without risking the health and safety of such Persons or violating such COVID-19 Measures). Parent and its Representatives in their investigation. Notwithstanding the foregoing, shall conduct any such investigation shall be conducted activities in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in cause any significant unreasonable interference with the prompt and timely discharge by the employees of the Company or and its Subsidiaries of their normal duties.. Notwithstanding the foregoing:
(bi) Notwithstanding anything No Party shall be required to, or to cause any of its Subsidiaries to, grant access or furnish information, as applicable, to the contrary in Section 6.03(a)other Party or any of its Representatives to the extent that such information is subject to an attorney/client privilege or the attorney work product doctrine or that such access or the furnishing of such information, nothing in this Agreement shall require as applicable, is prohibited by applicable Law or an existing contract or agreement (provided, however, the Company or Parent, as applicable, shall inform the other Party as to the general nature of what is being withheld and the Company and Parent shall reasonably cooperate to make appropriate substitute arrangements to permit reasonable disclosure that does not suffer from any of the foregoing impediments, including through the use of commercially reasonable efforts to (A) obtain the required consent or waiver of any third party required to provide such information and (B) implement appropriate and mutually agreeable measures to permit the disclosure of such information in a manner to remove the basis for the objection, including by arrangement of appropriate clean room procedures, redaction or entry into a customary joint defense agreement with respect to any information to be so provided, if the Parties determine that doing so would reasonably permit the disclosure of such information without violating applicable Law or jeopardizing such privilege);
(ii) No Party shall have access to personnel records of the other Party or any of its Subsidiaries relating to individual performance or evaluation records, medical histories or other information that in the other Party’s good faith opinion the disclosure of which could subject the other Party or any of its Subsidiaries to provide Parent or any risk of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or liability;
(iii) Parent shall not be permitted to conduct any sampling or analysis of any environmental media or building materials at any facility of the disclosure Company or its Subsidiaries without the prior written consent of such books, records, documents the Company (granted or other information is prohibited by applicable Law.withheld in its sole discretion); and
(civ) All no investigation or information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 6.7 shall affect or be deemed to modify any representation or warranty in made by the Company, Parent or Merger Sub herein.
(b) The Confidentiality Agreement dated as of October 5, 2020 between Parent and the Company (the “Confidentiality Agreement”) shall survive the execution and delivery of this Agreement and shall apply to all information furnished thereunder or hereunder; provided, that paragraph 9 of any party hereto or any condition the Confidentiality Agreement shall be of no force and effect as of the date hereof. From and after the date of this Agreement until the earlier of the Effective Time and termination of this Agreement in accordance with Article VIII, each Party shall continue to provide access to the obligations other Party and its Representatives to the data relating to the Transactions maintained by or on behalf of it to which the parties heretoother Party and its Representatives were provided access prior to the date of this Agreement.
Appears in 2 contracts
Sources: Merger Agreement (Conocophillips), Merger Agreement (Concho Resources Inc)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from ParentTime, the Company shall, and shall (i) provide to Parent (and cause each of its subsidiaries to, give Parent’s officers, directors, employees, accountants, consultantsits counsel, financial and legal advisors, agents, financing sources (including potential financing sources) auditors and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable full access (during normal business hours and upon reasonable notice) to the offices, properties, books and records of any Group Companythe Company and the subsidiaries, (ii) will furnish to Parent and Parent, its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent authorized representatives all their respective properties, books, contracts, commitments, personnel and its Representatives in their investigation. Notwithstanding the foregoingrecords and, any during such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of period, the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a)shall, nothing in this Agreement and shall require the Company or any cause each of its Subsidiaries to provide Parent or any of its Representatives with access to any bookssubsidiaries to, records, documents or other information to the extent that furnish (i) a copy of each report, schedule, registration statement and other document filed by it during such books, records, documents period pursuant to the requirements of Federal or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party)state securities laws, (ii) the disclosure a copy of each tax return, report and information statement filed by it during such booksperiod, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or and (iii) the disclosure of such books, records, documents or all other information is prohibited by applicable Law.
concerning its business, assets, properties and personnel (cincluding financial and operating data) All information as such persons may reasonably request and will instruct the Company's employees, counsel and financial advisors to cooperate with Parent in its investigation of the business of the Company and the subsidiaries; provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No that no investigation pursuant to this Section 6.03 5.3 shall affect any representation or warranty given by the Company hereunder.
(b) From the date hereof until the Effective Time, the Company will give Parent, its counsel, financial advisors, auditors and other authorized representatives full access (during normal business hours at their actual location) to all accounting, revenue, marketing, producer, processing, and other books, records and data in this Agreement possession of any Company, except such records or data which Company is prevented by contractual obligations with third parties from disclosing; provided that in the event the Company is prohibited from making files or records available because of provisions of third party hereto or any condition to agreements, then the obligations Company shall inform Parent of the existence of such records, the parties heretothereto and the subject matter of such records.
(c) From the date hereof, the order issued in that certain litigation entitled The Centris Group, Inc. et al. v. HCC
Appears in 2 contracts
Sources: Merger Agreement (Centris Group Inc), Merger Agreement (HCC Insurance Holdings Inc/De/)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality AgreementsLaw, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records of any Group Company, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, provided that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that which could not be reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used methods to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Merger Agreement (Tang Liang), Merger Agreement (Ossen Innovation Co. Ltd.)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and Time, subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from ParentApplicable Law, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of give Parent and such other partiesits Representatives, collectivelyupon reasonable notice, “Representatives”) reasonable access during normal business hours to the offices, personnel, facilities, properties, books and records of any Group Companythe Company and its Subsidiaries, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons Persons may reasonably request in writing, and (iii) instruct its Representatives to cooperate reasonably with Parent in its investigation of the Company and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives . Any investigation pursuant to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation this Section 6.03 shall be conducted in such a manner as not to interfere unreasonably with the conduct of the business of the Company and its Subsidiaries. Nothing in this Section 6.03 shall require the Company to provide any access, or operations to disclose any information (A) if providing such access or disclosing such information would violate any Applicable Law (including Competition Laws and privacy laws) or binding agreement entered into prior to the date of this Agreement or (B) protected by attorney-client privilege to the extent such privilege cannot be protected by the Company through exercise of its reasonable efforts; provided, that the Company shall give notice to Parent of the fact that it is withholding such information or documents and thereafter the Company shall reasonably cooperate with Parent to allow the disclosure of such information (or as much of it as possible) in a manner that would not violate clause (A) or (B). Notwithstanding anything to the contrary, neither Parent nor its Representatives shall be provided access to any offices, facilities or properties of the Company or its Subsidiaries to conduct any Phase II environmental audits or otherwise result in other invasive or intrusive sampling of any significant interference with the timely discharge by the employees of the Company building materials, indoor or its Subsidiaries of their dutiesoutdoor air, water, soil, sediments or other environmental media.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available exchanged pursuant to this Section 6.03 to Parent or its Representatives Section 6.03(a) shall be subject to the Confidentiality AgreementsAgreement.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Merger Agreement (Chase Corp), Merger Agreement (Chase Corp)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII Upon reasonable prior notice and subject to applicable Law law, each of Parent and the Confidentiality AgreementsCompany shall, upon reasonable advance notice from Parentand shall cause each of their Subsidiaries to, afford to the Company shall (i) provide to Parent (and Parent’s directors, officers, directorsmanagers, members, partners, employees, investment bankers, advisors, consultants, accountants, counsel, lenders, agents and representatives (collectively “Representatives”) of the other party access, during normal business hours during the period prior to the Effective Time, to all its properties, books, contracts, commitments and records, and to its officers, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) counsel and other authorized representatives representatives, in each case in a manner not unreasonably disruptive to the operation of the business of Parent or the Company and their Subsidiaries, and, during such period, Parent and the Company shall, and shall cause their Subsidiaries to, make available to Parent or the Company, as applicable all information concerning its business, properties and personnel as Parent or the Company may reasonably request. At the request of Parent or the Company, the other parties, collectively, “Representatives”) party shall use its commercially reasonable efforts to comply with its obligations under the preceding sentence by providing electronic access during normal business hours to such documents and information on the online data room established by the Company prior to the officesdate hereof. Notwithstanding any other provision of this Agreement, properties, books and records neither the Company nor any of any Group Companyits Subsidiaries shall be required to provide access to or to disclose information where such access or disclosure would (A) violate or prejudice the rights of its customers or employees, (iiB) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding jeopardize the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations attorney-client privilege of the Company institution in possession or its Subsidiaries control of such information, (C) contravene, violate or otherwise result in breach any significant interference with the timely discharge by the employees of the Company law, rule, regulation, order, judgment, decree, fiduciary duty or its Subsidiaries of their duties.
(b) Notwithstanding anything binding agreement entered into prior to the contrary in Section 6.03(a), nothing in date of this Agreement shall require in the ordinary course of business consistent with past practice or (D) be adverse to the interests of the Company or any of its Subsidiaries to provide Parent in any pending or any threatened litigation between the parties hereto over the terms of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Lawthis Agreement.
(cb) All information provided or made available and materials furnished pursuant to this Section 6.03 to Parent or its Representatives Agreement shall be subject to the provisions of the Confidentiality Agreements.
Agreement, dated May 14, 2014, between Parent and the Company (d) No investigation pursuant to this Section 6.03 shall affect any the “Confidentiality Agreement”). The Company makes no representation or warranty in this Agreement as to the accuracy of any party hereto or information provided pursuant to Section 7.2(a), and neither Parent nor Merger Sub may rely on the accuracy of any condition to such information, in each case other than as expressly set forth in the obligations of the parties heretoCompany's representations and warranties contained in Section 4.
Appears in 2 contracts
Sources: Merger Agreement (Enventis Corp), Merger Agreement (Consolidated Communications Holdings, Inc.)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII Upon reasonable advance notice and subject to applicable Law Laws relating to the exchange of information, each party shall, and shall cause each of its Subsidiaries to, afford to the Confidentiality Agreementsother party and its Representatives, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours (and, with respect to books and records, the right to copy) to all of its and such Subsidiaries’ properties, commitments, books, Contracts, records and correspondence (in each case, whether in physical or electronic form), officers, employees, accountants, counsel, financial advisors and other Representatives, in each case for integration and operational planning related to the officestransactions contemplated by this Agreement; provided, propertiesthat such access shall be provided on a basis that minimizes the disruption to the operations of the requested party and its Representatives. Subject to applicable Laws, books from the date of this Agreement until the Effective Time, Parent and records the Partnership shall furnish promptly to one another (i) a copy of each report, schedule, registration statement and other document filed, published, announced or received by it in connection with the transactions contemplated by this Agreement during such period pursuant to the requirements of federal, state or foreign Laws (including pursuant to the Securities Act, the Exchange Act and the rules of any Group CompanyGovernmental Authority thereunder), as applicable (other than documents that such party is not permitted to disclose under applicable Laws) (which such furnishing will be deemed to have occurred in the case of any document filed with or furnished to the SEC without further action on the part of the furnishing party), and (ii) furnish to Parent all information concerning Parent’s or the Partnership’s business, properties and its Representatives such existing financial and operating data and personnel as the other existing information as such persons party may reasonably request in writingrequest, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and for the purpose of completing the other Representatives to reasonably cooperate with Parent and its Representatives in their investigationparty’s due diligence. Notwithstanding the foregoing, no party shall have an obligation to provide access to any information the disclosure of which the other party has concluded, in its reasonable judgment, may jeopardize any privilege available to such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company party or any of its Subsidiaries Affiliates relating to provide Parent such information or would be in violation of a confidentiality obligation to a third party binding on such party or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable LawAffiliates.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Merger Agreement (Rattler Midstream Lp), Merger Agreement (Rattler Midstream Lp)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII Upon reasonable advance notice and subject to applicable Law Laws relating to the exchange of information, each party shall, and shall cause each of its Subsidiaries to, afford to the Confidentiality Agreementsother party and its Representatives, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to (and, with respect to books and records, the offices, right to copy) all of its and such Subsidiaries’ properties, books commitments, books, Contracts, records and records correspondence (in each case, whether in physical or electronic form), officers, employees, accountants, counsel, financial advisors and other Representatives, in each case for the purpose of completing diligence related to the transactions contemplated by this Agreement; provided, that such access shall be provided on a basis that minimizes the disruption to the operations of the requested party and its Representatives. Subject to applicable Laws, from the date of this Agreement until the Effective Time, Parent and the Partnership shall furnish promptly to one another (i) a copy of each report, schedule, registration statement and other document filed, published, announced or received by it in connection with the transactions contemplated by this Agreement during such period pursuant to the requirements of federal, state or foreign Laws (including pursuant to the Securities Act, the Exchange Act and the rules of any Group CompanyGovernmental Authority thereunder), as applicable (other than documents that such party is not permitted to disclose under applicable Laws) (which such furnishing will be deemed to have occurred in the case of any document filed with or furnished to the SEC without further action on the part of the filing or furnishing party, as applicable), and (ii) furnish to Parent all information concerning Parent’s or the Partnership’s business, properties and its Representatives such existing financial and operating data and personnel as the other existing information as such persons party may reasonably request in writingrequest, and (iii) instruct its and its Subsidiaries’ employeesincluding all information relating to environmental matters, legal counsel, financial advisors, auditors and for the purpose of completing the other Representatives to reasonably cooperate with Parent and its Representatives in their investigationparty’s due diligence. Notwithstanding the foregoing, no party shall have an obligation to provide access to any information (a) the disclosure of which the other party has concluded, in its reasonable judgment, may jeopardize any privilege available to such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company party or any of its Subsidiaries Affiliates relating to provide Parent such information or would be in violation of a confidentiality obligation to a third party binding on such party or any of its Representatives with access to any booksAffiliates, records, documents or other information (b) prior to the extent that (i) such booksClosing, recordsregarding the deliberations of the GP Board or the Conflicts Committee, documents or the Parent Board, as applicable, with respect to the transactions contemplated hereby or any similar transaction or transactions with any other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of ParentPerson, the Company shall use its reasonable best efforts entry into this Agreement, or any materials provided to obtain a waiver from such Third Party)Persons in connection therewith, (ii) including materials prepared by any financial or legal advisors, except as required by applicable Laws, including the disclosure Securities Act and the Exchange Act in respect of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilegeRegistration Statement, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to Consent Solicitation Statement/Prospectus and the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable LawSchedule 13E-3.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Merger Agreement (Green Plains Inc.), Merger Agreement (Green Plains Partners LP)
Access to Information. (a) From Subject to applicable Law and the date hereof until other provisions of this Section 6.7, the Company and Parent each shall (and shall cause its Subsidiaries to), upon request by the other, furnish the other with all information concerning itself, its Subsidiaries, directors, officers and stockholders and such other matters as may be reasonably necessary or advisable in connection with the Joint Proxy Statement, the Registration Statement, or any other statement, filing, notice or application made by or on behalf of Parent, the Company or any of their respective Subsidiaries to any third party or any Governmental Entity in connection with the Transactions. Each Party shall, and shall cause each of its Subsidiaries to, afford to the other Party and its Representatives, during the period prior to the earlier of the Effective Time and the termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreementsterms of Section 8.1 of this Agreement, reasonable access, at reasonable times upon reasonable advance notice from Parentprior notice, to the Company shall (i) provide to Parent (and Parent’s officers, directors, key employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) properties, offices and other authorized representatives facilities of Parent such Party and such other partiesits Subsidiaries and to their books, collectivelyrecords, “Representatives”) reasonable access during normal business hours contracts and documents and shall, and shall cause each of its Subsidiaries to, furnish reasonably promptly to the offices, properties, books and records of any Group Company, (ii) furnish to Parent other Party and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct concerning its and its Subsidiaries’ employeesbusiness, legal counselproperties, financial advisorscontracts, auditors records and personnel as may be reasonably requested, from time to time, by or on behalf of the other Representatives to reasonably cooperate with Parent Party. Each Party and its Representatives in their investigation. Notwithstanding the foregoing, shall conduct any such investigation shall be conducted activities in such a manner as not to interfere unreasonably with the business or operations of the Company other Party or its Subsidiaries or otherwise result in cause any significant unreasonable interference with the prompt and timely discharge by the employees of the Company or other Party and its Subsidiaries of their normal duties.. Notwithstanding the foregoing:
(bi) Notwithstanding anything No Party shall be required to, or to cause any of its Subsidiaries to, grant access or furnish information, as applicable, to the contrary in Section 6.03(a)other Party or any of its Representatives to the extent that such information is regarding the value of the transaction or is subject to an attorney/client privilege or the attorney work product doctrine or that such access or the furnishing of such information, nothing in this Agreement shall require as applicable, is prohibited by applicable Law or an existing contract or agreement (provided, however, the Company or Parent, as applicable, shall inform the other Party as to the general nature of what is being withheld and the Company and Parent shall reasonably cooperate to make appropriate substitute arrangements to permit reasonable disclosure that does not suffer from any of the foregoing impediments, including through the use of commercially reasonable efforts to (A) obtain the required consent or waiver of any third party required to provide such information and (B) implement appropriate and mutually agreeable measures to permit the disclosure of such information in a manner to remove the basis for the objection, including by arrangement of appropriate clean room procedures, redaction or entry into a customary joint defense agreement with respect to any information to be so provided, if the Parties determine that doing so would reasonably permit the disclosure of such information without violating applicable Law or jeopardizing such privilege);
(ii) No Party shall have access to personnel records of the other Party or any of its Subsidiaries relating to individual performance or evaluation records, medical histories or other information that in the other Party’s good faith opinion the disclosure of which could subject the other Party or any of its Subsidiaries to provide Parent or any risk of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or liability;
(iii) Each Party shall not be permitted to conduct any invasive or intrusive sampling or analysis (commonly known as a Phase II) of any environmental media or building materials at any facility of the disclosure other Party or its Subsidiaries without the prior written consent of the other Party (which may be granted or withheld in such books, records, documents or other information is prohibited by applicable Law.Party’s sole discretion); and
(civ) All No investigation or information provided or made available pursuant to this Section 6.03 6.7 shall affect or be deemed to modify any representation or warranty made by the Company, Parent or its Merger Sub herein and no Party shall, and each Party shall cause their respective Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation not, use any information obtained pursuant to this Section 6.03 6.7 for any purpose unrelated to the evaluation, negotiation or consummation of the Transactions.
(b) The Confidentiality Agreement dated as of September 3, 2019 between Parent and the Company (the “Confidentiality Agreement”) shall affect any representation or warranty in survive the execution and delivery of this Agreement and shall apply to all information furnished thereunder or hereunder. All information provided to any Party or its Representative pursuant to or in connection with this Agreement is deemed to be “Evaluation Material” as defined under the Confidentiality Agreement. From and after the date of any party hereto or any condition this Agreement until the earlier of the Effective Time and termination of this Agreement in accordance with Article VIII, each Party shall continue to provide access to the obligations other Party and its Representatives to the electronic data room relating to the Transactions maintained by or on behalf of it to which the parties heretoother Party and its Representatives were provided access prior to the date of this Agreement.
Appears in 2 contracts
Sources: Merger Agreement (Parsley Energy, Inc.), Merger Agreement (Jagged Peak Energy Inc.)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII Upon reasonable advance notice and subject to applicable Law Laws relating to the exchange of information, each party shall, and shall cause each of its Subsidiaries to, afford to the Confidentiality Agreementsother party and its Representatives, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to (and, with respect to books and records, the offices, right to copy) all of its and such Subsidiaries’ properties, books commitments, books, Contracts, records and records correspondence (in each case, whether in physical or electronic form), officers, employees, accountants, counsel, financial advisors and other Representatives, in each case for integration and operational planning related to the transactions contemplated by this Agreement; provided, that such access shall be provided on a basis that minimizes the disruption to the operations of the requested party and its Representatives. Subject to applicable Laws, from the date of this Agreement until the Effective Time, Parent and the Partnership shall furnish promptly to one another (i) a copy of each report, schedule, registration statement and other document filed, published, announced or received by it in connection with the transactions contemplated by this Agreement during such period pursuant to the requirements of federal, state or foreign Laws (including pursuant to the Securities Act, the Exchange Act and the rules of any Group CompanyGovernmental Authority thereunder), as applicable (other than documents that such party is not permitted to disclose under applicable Laws) (which such furnishing will be deemed to have occurred in the case of any document filed with or furnished to the SEC without further action on the part of the furnishing party) and (ii) furnish to Parent all information concerning Parent’s or the Partnership’s business, properties and its Representatives such existing financial and operating data and personnel as the other existing information as such persons party may reasonably request in writingrequest, and (iii) instruct its and its Subsidiaries’ employeesincluding all information relating to environmental matters, legal counsel, financial advisors, auditors and for the purpose of completing the other Representatives to reasonably cooperate with Parent and its Representatives in their investigationparty’s due diligence. Notwithstanding the foregoing, no party shall have an obligation to provide access to any information (i) the disclosure of which the other party has concluded, in its reasonable judgment, may jeopardize any privilege available to such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company party or any of its Subsidiaries Affiliates relating to provide Parent such information or would be in violation of a confidentiality obligation to a third party binding on such party or any of its Representatives with access to any books, records, documents Affiliates or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) regarding the disclosure deliberations of such booksthe GP Board or the Partnership Conflicts Committee, recordsor the Parent Board or the Parent Conflicts Committee, documents as applicable, with respect to the transactions contemplated hereby or any similar transaction or transactions with any other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilegePerson, the applicable parties shallentry into this Agreement, if requested or any materials provided to such Persons in connection therewith, including materials prepared by Parentany financial or legal advisors, enter into such agreement or other arrangement except as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited required by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to Laws, including the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty Securities Act and the Exchange Act in this Agreement of any party hereto or any condition to the obligations respect of the parties heretoRegistration Statement, the Joint Proxy Statement and the Schedule 13E-3.
Appears in 2 contracts
Sources: Merger Agreement (HF Sinclair Corp), Merger Agreement (Holly Energy Partners Lp)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement Other than in circumstances in which indemnification is sought pursuant to Article VIII VI (in which event the provisions of such Article will govern) and without limiting the applicable provisions of Article VI, and subject to applicable Law any restrictions or limitations contained in Section 5.2 or elsewhere in this Article VII, from and after the Confidentiality AgreementsEffective Time, upon reasonable advance notice from Parent, each of Infrastructurco and Flowco shall afford to the Company shall (i) provide to Parent (other and Parent’s officers, directors, employees, its authorized accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) counsel and other authorized designated representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours hours, subject to appropriate restrictions for classified, privileged or confidential information and to the officesrequirements of any applicable Law, to the personnel, properties, books and records Information of such Party and its Subsidiaries insofar as such access is reasonably required by the other Party, and reasonably relates to (x) such other Party or the conduct of its business prior to the Effective Time or (y) any Ancillary Agreement; provided, however, in the event that a Party determines that any such access or the provision of any Group Companysuch information (including information requested under Section 5.2 or Section 7.1) would be commercially detrimental in any material respect, violate any Law or Contract with a Third Party or waive any attorney-client privilege, the work product doctrine or other applicable privilege, the Parties shall take all reasonable measures (iiand, to the extent applicable, shall use commercially reasonable efforts to obtain the Consent from any Third Party required to make such disclosure without violating a Contract with a Third Party) furnish to Parent permit compliance with such information request in a manner that avoids any such harm, violation or consequence. Each of Infrastructurco and its Representatives such existing financial and operating data Flowco shall inform their respective officers, employees, agents, consultants, advisors, authorized accountants, counsel and other existing designated representatives who have or have access to the other Party’s Confidential Information or other information as provided pursuant to Section 5.2 or this Article VII of their obligation to hold such persons may reasonably request information confidential in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably accordance with the business or operations provisions of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their dutiesthis Agreement.
(b) Notwithstanding anything herein to the contrary contrary, from and after the Effective Time until the end date specified in Section 6.03(aa written notice delivered by one Party to the other Party (the “Shared Access Period”), nothing in this Agreement shall require Infrastructurco agrees to cooperate with Flowco and the Company or any members of its Subsidiaries the Flowco Group to provide Parent or any enable Flowco and the members of its Representatives with the Flowco Group and their respective authorized accountants, counsel and other designated representatives to obtain access to any books, records, documents or other information Information relating to the extent Flowco Business that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss custody of attorney-client or other legal privilege that could any third party records management repository to which Infrastructurco has transferred information, including but not reasonably be remedied by use of common interest agreements or other arrangements limited to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable LawIron Mountain.
(c) All information provided Infrastructurco and Flowco each acknowledge and agree that each Party possesses certain Information reflecting the operations of the other Party for periods prior to the Effective Time in such archived electronic format as described in Schedule 7.2(c) (the “Archived Data”). Subject to the provisions of Section 7.7 below, each Party agrees to maintain the Archived Data in a manner materially consistent with the treatment of such Archived Data as of the Effective Date; provided, however, that neither Party is required to maintain any specific storage format, license, system, reporting functionality for such Archived Data or made available pursuant specific personnel to this Section 6.03 provide access to Parent the Archived Data. Access to the Archived Data will remain under the sole discretion and control of the custodian Party and, except as specifically set forth on Schedule 7.2(c), no personnel of either Party will be granted direct access to the other Party’s network or its Representatives systems and any requests for delivery of Archived Data shall be subject to governed by the Confidentiality Agreementsprovisions of Section 7.2(a).
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Separation and Distribution Agreement (SPX Corp), Separation and Distribution Agreement (SPX FLOW, Inc.)
Access to Information. (a) From During the date hereof until Interim Period, to the earlier of the Effective Time extent permitted by applicable Law and termination of this Agreement pursuant to Article VIII contracts, and subject to applicable Law reasonable restrictions described in writing imposed from time to time upon advice of counsel, each of Post and MAA shall, and shall cause each of the Post Subsidiaries and the Confidentiality AgreementsMAA Subsidiaries, upon reasonable advance notice from Parentrespectively, to, afford to the Company shall (i) provide other Party and to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives the Representatives of Parent and such other parties, collectively, “Representatives”) Party reasonable access during normal business hours and upon reasonable advance notice to all of their respective properties, offices, books, contracts, commitments, personnel and records and, during such period, each of Post and MAA shall, and shall cause each of the Post Subsidiaries and the MAA Subsidiaries, respectively, to, (i) furnish reasonably promptly to the officesother Party a copy of each report, propertiesschedule, books registration statement and records other document filed by it during such period pursuant to the requirements of any Group CompanyU.S. federal or state securities Laws, and (ii) furnish to Parent furnish, upon reasonable request, all other information (financial or otherwise) concerning its business, properties and its Representatives such existing financial and operating data and other existing information personnel as such persons other Party may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigationrequest. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner No representation or warranty as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any accuracy of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject 7.2 is made and the Parties may not rely on the accuracy of such information except to the Confidentiality Agreements.
(d) No extent expressly set forth in the representations and warranties included in Article IV or Article V, and no investigation pursuant to under this Section 6.03 7.2 or otherwise shall affect any representation of the representations and warranties of the Post Parties or warranty of the MAA Parties, respectively, contained in this Agreement of any party hereto or any condition to the obligations of the Parties under this Agreement. Notwithstanding the foregoing, neither Post nor MAA shall be required by this Section 7.2 to provide the other Party or the Representatives of such other Party with access to or to disclose information (A) that is subject to the terms of a confidentiality agreement with a third party entered into prior to the date of this Agreement or entered into after the date of this Agreement in the ordinary course of business consistent with past practice (if Post or MAA, as applicable, has used reasonable best efforts to obtain permission or consent of such third party to such disclosure), (B) the disclosure of which would violate any Law or legal or contractual duty of the Party or any of its Representatives, (C) that is subject to any attorney-client, attorney work product or other legal privilege or would cause a risk of a loss of privilege to the disclosing Party or (D) if it reasonably determines that such access is reasonably likely to disrupt materially or impair or interfere with its, or its Subsidiaries’, business or operations; provided that the Parties will work in good faith to determine a means to provide access that will not disrupt materially or impair or interfere with such business or operations. Each of Post and MAA will use its reasonable best efforts to minimize any disruption to the businesses of the other Party that may result from the requests for access, data and information hereunder. Prior to the Parent Merger Effective Time, each of the Post Parties and each of the MAA Parties shall not, and shall cause their respective Representatives and Affiliates not to, contact or otherwise communicate with parties heretowith which the other Party has a business relationship (including tenants/subtenants) regarding the business of such other Party or this Agreement and the transactions contemplated hereby without the prior written consent of such other Party (provided that, for the avoidance of doubt, nothing in this Section 7.2(a) shall be deemed to restrict a Party and its respective Representatives and Affiliates from contacting such parties in pursuing its own business activities (operating in the ordinary course)).
(b) Each of Post and MAA will hold, and will cause its respective Representatives and Affiliates to hold, any nonpublic information, including any information exchanged pursuant to this Section 7.2, in confidence in accordance with, and will otherwise comply with, the terms of the Confidentiality Agreement, which shall remain in full force and effect pursuant to the terms thereof notwithstanding the execution and delivery of this Agreement or the termination thereof.
(c) Each of Post and MAA will give prompt written notice to the other upon becoming aware of the occurrence or impending occurrence of any event or circumstance relating to it or any of the Post Subsidiaries or the MAA Subsidiaries, respectively, which could reasonably be expected to have, individually or in the aggregate, a Post Material Adverse Effect or a MAA Material Adverse Effect, as the case may be.
(d) Each Party shall cooperate and participate, as reasonably requested by the other Party from time to time, in efforts to oversee the integration of the Parties’ operations in connection with, and taking effect upon consummation of, the Mergers subject to applicable Law, including, without limitation, providing such reports on operational matters and participating on such teams and committees as the Parties shall mutually agree.
Appears in 2 contracts
Sources: Merger Agreement, Merger Agreement (Mid America Apartment Communities Inc)
Access to Information. After each Closing Date with respect to an Acquired Companies Acquisition, Seller and Purchaser shall grant each other (a) From or their respective designees), and Purchaser shall cause the date hereof until the earlier applicable Acquired Companies to grant to Seller (or its designees), access at all reasonable times upon reasonable notice to all of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, propertiesinformation, books and records of relating to the applicable Acquired Companies in its possession, to the extent such books and records reasonably relate to an Indemnification Claim or Third Party Claim and shall afford such party the right (at such party’s expense) to take extracts therefrom and to make copies thereof, to the extent reasonably necessary to implement the provisions of, or to investigate, prosecute or defend any Group Companyclaims between the Parties arising under, this Agreement other than (iia) furnish information relating to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writingpost-Closing periods that is commercially sensitive, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries trade secret or otherwise result in any significant interference with the timely discharge by the employees of the Company confidential or its Subsidiaries of their duties.
(b) Notwithstanding anything to in the contrary in Section 6.03(a)case of claims between the Parties, nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access information that is subject to any attorney-client, work product or other privilege or that otherwise would not be required to be provided pursuant to a subpoena or other civil discovery procedure. At or promptly after such Closing, Seller shall deliver to Purchaser all books, records, documents or correspondence, files, and other information of or relating to the applicable Acquired Companies or their properties, business, operations or condition (other than any of the foregoing items that relate to applicable Excluded Items) in Seller’s or its Affiliate’s possession to the extent that such information is not in the custody or possession of the applicable Acquired Companies on the applicable Closing Date other than (i) such booksinformation relating to pre-Closing periods with respect to any non-Company Affiliate that is commercially sensitive, recordstrade secret or otherwise confidential or (ii) in the case of claims between the Parties, documents or other any information that is subject to any confidentiality agreement with a Third Party (providedattorney client, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents work product or other information privilege or that otherwise would result in the loss of attorney-client not be required to be provided pursuant to a subpoena or other legal privilege civil discovery procedure. To the extent that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives 10.9 conflicts with the procedures in Article IX, Article IX shall be subject to the Confidentiality Agreementsgovern.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (NextEra Energy Partners, LP), Purchase and Sale Agreement (NextEra Energy Partners, LP)
Access to Information. (a) From and after the date hereof of this Agreement until the earlier to occur of the Effective Time and the termination of this Agreement pursuant to in accordance with Article VIII IX, upon reasonable advance notice and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from Parent(including any applicable COVID-19 Measures), the Company shall (i) provide and shall cause its Subsidiaries to), afford to Parent (Parent, its Affiliates and Parent’s its directors, officers, directorsagents, control persons, employees, accountants, consultants, financial consultants and legal advisors, agents, financing sources professional advisors (including potential financing sourcesattorneys, accountants and financial advisors) and other authorized representatives of Parent and such other parties, collectively, (“Representatives”) reasonable access during normal reasonable business hours hours, to the offices, properties, books and records all of any Group Company, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employeesproperties, legal counselbooks, financial advisorsContracts, auditors commitments, records, officers and Employees and, during such period, the Company shall (and shall cause its Subsidiaries to) furnish to Parent all other Representatives information concerning it, its Subsidiaries and each of their respective businesses, properties and personnel as Parent may reasonably request; provided that the Company may restrict the foregoing access and the disclosure of information to reasonably cooperate with Parent and its Representatives the extent that, in their investigation. Notwithstanding the foregoinggood faith judgement of the Company, (i) any such investigation shall be conducted in such a manner as not Law (including any COVID-19 Measures) applicable to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of requires the Company or its Subsidiaries of their duties.
to restrict or prohibit access to any such properties or information, (bii) Notwithstanding anything the information is subject to the contrary in Section 6.03(a), nothing in this Agreement shall require confidentiality obligations to a Third Party pursuant to a Contract to which the Company or any of its Subsidiaries to provide Parent is bound, (iii) disclosure of any such information or document could result in the loss or waiver of attorney-client, work product or similar legal privilege or (iv) such access would unreasonably disrupt the operations of the Company or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (Subsidiaries; provided, further, that at the request of Parent, the Company shall give notice to Parent of the fact that it is withholding such information or documents and thereafter use its reasonable best efforts to obtain provide Parent such information (or as much of such information as possible) in a manner that would not violate any such Law or confidentiality obligations, waive attorney-client, work product or similar legal privilege or cause such unreasonable disruption, as applicable (including through counsel-to-counsel disclosure, redaction or other customary procedures (and, with respect to any contractual confidentiality obligations, by taking reasonable best efforts to seek a waiver from with respect to such Third Partycontractual confidentiality obligations)). Notwithstanding the foregoing, (ii) Parent and its Representatives will not be permitted to perform any invasive or intrusive environmental sampling of ambient or indoor air, soil, groundwater or any other environmental media with respect to any property of the disclosure of such booksCompany or its Subsidiaries without the Company’s prior written consent, records, documents or other information would result which may be withheld in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable LawCompany’s absolute discretion.
(cb) All With respect to the information disclosed pursuant to Section 7.6(a), Parent shall comply with all of its obligations under the Confidentiality Agreement, which agreement shall remain in full force and effect in accordance with its terms; provided or made available that the customary disclosure of information to any of the Debt Financing Source Parties pursuant to this Section 6.03 to Parent or its Representatives Agreement in connection with the Debt Financing shall be subject not require the prior written consent of the Company pursuant to the Confidentiality Agreements.
(d) No investigation Agreement and may be made pursuant to this Section 6.03 shall affect any representation the Debt Commitment Letters or warranty other customary confidentiality undertakings from such Debt Financing Source Parties in this Agreement the context of any party hereto or any condition to the obligations of the parties heretocustomary syndication practices.
Appears in 2 contracts
Sources: Merger Agreement (Domtar CORP), Merger Agreement (Resolute Forest Products Inc.)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon Upon reasonable advance notice from Parentnotice, the Company shall (iand shall cause its Subsidiaries to) provide afford to Parent (and Parent’s the officers, directors, employees, accountants, consultantscounsel, financial and legal advisors, agents, financing sources (including potential financing sources) advisors and other authorized representatives of Parent and such other parties, collectively, “Representatives”) Buyer reasonable access during normal business hours hours, during the period prior to the officesEffective Time or the termination of this Agreement, to all its properties, books books, contracts, commitments, records, officers and records employees and, during such period, the Company shall (and shall cause its Subsidiaries to) furnish promptly to Buyer (i) a copy of any Group Companyeach report, schedule, registration statement and other document filed, published, announced or received by it during such period pursuant to the requirements of U.S. federal or state securities laws or the HSR Act, as applicable (other than documents that such party is not permitted to disclose under applicable law), and (ii) furnish to Parent all other information concerning it and its Representatives such existing financial business, properties and operating data and other existing information personnel as such persons other party may reasonably request in writingrequest; provided, however, that (A) Buyer shall not contact, and (iii) instruct Buyer shall not authorize any of its and its Subsidiaries’ officers, employees, legal accountants, counsel, financial advisors, auditors and advisors or other Representatives representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoingcontact, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business employee or operations customer of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries subsidiaries without the prior authorization of the Company's Chief Executive Officer, Chief Operating Officer or Chief Financial Officer, (B) Buyer 50 shall cooperate in a reasonable manner with the Company to provide Parent or minimize any of its Representatives with disruption to the Company's business while exercising the rights provided under this Section 6.2, and (C) the Company may restrict the foregoing access to any books, records, documents or other information to the extent that (ix) any law, treaty, rule or regulation of any Governmental Entity applicable to it or any contract requires it or its Subsidiaries to restrict or prohibit access to any such books, records, documents properties or other information or (y) the information is subject to any confidentiality agreement with obligations to a Third Party third party.
(provided, that at the request of Parentb) Upon reasonable notice, the Buyer shall (and shall cause its Subsidiaries to) afford to the officers, employees, accountants, counsel, financial advisors and other representatives of Company reasonable access during normal business hours, during the period prior to the Effective Time or the termination of this Agreement, to all its properties, books, contracts, commitments, records, officers and employees and, during such period, the Buyer shall use (and shall cause its reasonable best efforts Subsidiaries to) furnish promptly to obtain Company (i) a waiver from copy of each report, schedule, registration statement and other document filed, published, announced or received by it during such Third Partyperiod pursuant to the requirements of U.S. federal or state securities laws or the HSR Act, as applicable (other than documents that such party is not permitted to disclose under applicable law), and (ii) the disclosure all other information concerning it and its business, properties and personnel as such other party may reasonably request; provided, however, that (A) Company shall not contact, and Company shall not authorize any of such booksits officers, recordsemployees, documents accountants, counsel, financial advisors or other information would result representatives to contact, any employee or customer of the Buyer or any of its subsidiaries without the prior authorization of the Buyer's Chief Executive Officer, Chief Operating Officer or Chief Financial Officer, (B) Company shall cooperate in a reasonable manner with the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements Buyer to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable minimize any disruption to the Company Buyer's business while exercising the rights provided under this Section 6.2, and (C) the Buyer may restrict the foregoing access to maintain the extent that (x) any law, treaty, rule or regulation of any Governmental Entity applicable to it or any contract requires it or its Subsidiaries to restrict or prohibit access to any such privilege) properties or information or (iiiy) the disclosure of such books, records, documents or other information is prohibited by applicable Lawsubject to confidentiality obligations to a third party.
(c) All Buyer and Company will hold any information provided or made available obtained pursuant to this Section 6.03 to Parent or its Representatives 6.2 in confidence in accordance with, and shall otherwise be subject to to, the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations provisions of the parties heretoconfidentiality agreement dated May 15, 2002, between Buyer and the Company (the "CONFIDENTIALITY AGREEMENT"), which Confidentiality Agreement shall continue in full force and effect. Any investigation by either Buyer or the Company shall not affect the representations and warranties of the other.
Appears in 2 contracts
Sources: Merger Agreement (Plato Learning Inc), Merger Agreement (Lightspan Inc)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Applicable Law and the Confidentiality Agreements, upon reasonable advance notice from ParentAgreement, the Company and Parent shall (i) provide upon reasonable advance notice, give to Parent (and Parent’s officersthe other party, directors, employees, accountants, consultantsits counsel, financial and legal advisors, agents, financing sources (including potential financing sources) auditors and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal regular business hours to the offices, properties, books and records of such party (except that neither party shall conduct any Group Companyenvironmental sampling or analysis without the advance written consent of the other party, which may be withheld in such other party’s sole discretion, and without executing a customary access and indemnity agreement in respect thereto), (ii) furnish to Parent and the other party, its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives authorized representatives such financial and operating data and other information as such Persons may reasonably request and (iii) instruct its employees, counsel, financial advisors, auditors and other authorized representatives to reasonably cooperate with Parent the other party in its investigation; provided, however, that each party may restrict the foregoing access and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not disclosure of information pursuant to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in this Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information 8.06 to the extent that (iA) in the reasonable good faith judgment of such booksparty, recordsany Applicable Law requires such party or its Subsidiaries to restrict or prohibit access to any such properties or information, documents or other (B) in the reasonable good faith judgment of such party, the information is subject to any confidentiality agreement with obligations to a Third Party or (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (iiC) the disclosure of any such books, records, documents information or other information document would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (privilege; provided, further, that if with respect to clauses (A) through (C) of this Section 8.06, Parent or the Company, as applicable, shall use its commercially reasonable efforts to (1) obtain the required consent of any such Third Party to provide such access or disclosure, (2) develop an agreement or arrangement can be used alternative to maintain providing such privilege, the applicable parties shall, if requested by Parent, enter into information so as to address such agreement or other arrangement as matters that is reasonably acceptable to Parent and the Company to maintain and (3) in the case of clauses (A) and (C), enter into a joint defense agreement or implement such privilege) or (iii) other techniques if the parties determine that doing so would reasonably permit the disclosure of such books, records, documents information without violating Applicable Law or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No jeopardizing such privilege. Any investigation pursuant to this Section 6.03 8.06 shall be conducted in such manner as not to interfere unreasonably with the conduct of the business of the other party. No information or knowledge obtained in any investigation pursuant to this Section 8.06 shall affect or be deemed to modify any representation or warranty in this Agreement of made by any party hereto or any condition to the obligations of the parties heretohereunder.
Appears in 2 contracts
Sources: Merger Agreement (Time Warner Cable Inc.), Merger Agreement (Charter Communications, Inc. /Mo/)
Access to Information. To the extent permitted by applicable Law and subject to the Confidentiality Agreement dated August 26, 2009 (a) From the “Confidentiality Agreement”), the Company shall afford to Parent and to the officers, employees, accountants, counsel, financial advisors and other representatives of Parent, reasonable access during normal business hours during the period from the date hereof of this Agreement until the earlier of the Effective Time and or the termination of this Agreement pursuant to Article VIII Section 9.1 to the Company’s properties, books, contracts, commitments, personnel and subject to applicable Law and the Confidentiality Agreementsrecords and, upon reasonable advance notice from Parentduring such period, the Company shall (i) provide furnish promptly to Parent (all other information concerning the Company’s business, properties and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of personnel as Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records of any Group Company, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writingrequest; provided that no investigation pursuant to this Section 4.3 shall affect or modify any representation or warranty or any liability with respect thereto; and provided further, and (iii) instruct its and its Subsidiaries’ employeeshowever, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of that the Company or its Subsidiaries may restrict or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with prohibit access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts may not be permitted to obtain a waiver from provide such Third Party)access pursuant to applicable Law, (ii) the disclosure of access to any such books, records, documents or information is prohibited pursuant to the terms of any confidentiality, non-disclosure or other similar agreement to which the Company is a party as of the date hereof, or (iii) access to documents or information would would, in the Company’s reasonable good faith opinion after consultation with outside legal counsel, result in the loss of attorney-client privilege, work product doctrine or other applicable legal privilege that could not reasonably be remedied by use applicable to such documents or information. Parent shall hold, and shall cause its respective officers, employees, accountants, counsel, financial advisors and other representatives and Affiliates to hold, any nonpublic information in confidence in accordance with the terms of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilegethe Confidentiality Agreement. If at any time after the date hereof, the applicable parties shall, if requested by Parent, enter into such agreement Company withholds information or other arrangement as is reasonably acceptable to documents from Parent because the Company to maintain such privilegedetermines in good faith that (i), (ii) or (iii) above may be implicated, then the disclosure of such books, records, documents or other information is prohibited by applicable Law.
Company shall promptly (cand in no event later than 1 Business Day thereafter) All information provided or made available pursuant to this Section 6.03 to inform Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties heretosame and Parent and the Company shall discuss the same as soon as reasonably practicable thereafter.
Appears in 2 contracts
Sources: Merger Agreement, Agreement and Plan of Merger (Memc Electronic Materials Inc)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law law and the Confidentiality AgreementsAgreement dated as of July 16, upon reasonable advance notice from Parent2007 between the Company and Parent (the “Confidentiality Agreement”), the Company shall (i) provide give Parent, its counsel, financial advisors, auditors and other authorized representatives reasonable access to the offices, properties, books, contracts, commitments, management personnel and records of the Company, (ii) furnish promptly to Parent, its counsel, financial advisors, auditors and other authorized representatives (x) a copy of each report, schedule, registration statement and other document filed or received by it during such period pursuant to the requirements of federal or state securities laws and (y) such information relating to the Company’s business, finances, operations, properties, assets and personnel and all other information relating to the Company as such Persons may reasonably request and (iii) instruct the employees, counsel, financial advisors, auditors and other authorized representatives of the Company to cooperate with Parent (in its investigation of the Company; provided that the foregoing shall not require the Company to permit any inspection or disclose any information that, in the reasonable judgment of the Company, would result in the disclosure of any trade secrets of third parties or otherwise privileged information so long as the existence of such trade secrets of third parties or privileged information and Parentthe lack of disclosure thereof is identified to Purchaser. Any investigation pursuant to this Section shall be conducted upon two Business Day’s prior written notice to the Company, during regular business hours and in such a manner so as not to interfere unreasonably with the conduct of the business of the Company. Except as required by law, Parent will hold, and will cause its officers, directors, employees, accountants, counsel, consultants, financial advisors and legal advisorsagents to hold, agentsin confidence all documents and information concerning the Company furnished to Parent or its Affiliates in connection with the Transactions in accordance with the terms of the Confidentiality Agreement.
(b) From the date hereof until the Effective Time and subject to applicable law, financing sources (including potential financing sources) and other authorized representatives of the Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to and/or Purchaser shall give the offices, properties, books and records of any Group Company, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives authorized representatives reasonable access to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations management personnel of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their dutiesParent.
(bc) Notwithstanding anything to the contrary in Section 6.03(a), nothing contained in this Agreement or the Confidentiality Agreement to the contrary, the parties (and each employee, representative or other agent of the parties) may disclose to any and all Persons, without limitation of any kind, the Tax treatment and any facts that may be relevant to the Tax structure of the Merger; provided, however, that no party (and no employee, representative or other agent thereof) shall require disclose any other information that is not relevant to understanding the Company Tax treatment and Tax structure of the Merger (including the identity of any party and any information that could lead another to determine the identity of any party), or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would could reasonably result in the loss a violation of attorney-client any federal or other legal privilege state securities law. The parties acknowledge and agree that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives 6.03(c) shall be subject deemed an amendment to the Confidentiality Agreements.
(d) No investigation Agreement pursuant to this Section 6.03 shall affect any representation or warranty and in this Agreement of any party hereto or any condition to accordance with the obligations of the parties heretolast paragraph thereof.
Appears in 2 contracts
Sources: Merger Agreement (Crane & Co Inc), Merger Agreement (American Bank Note Holographics Inc)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other partiesrepresentatives, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records of any Group Company, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, writing and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, Party; provided that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Merger Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.), Merger Agreement (Shi Yuzhu)
Access to Information. (a) From and after the date hereof Original Agreement Date until the earlier of the Effective Time and Closing Date or the termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreementsin accordance with its terms, upon reasonable advance notice from Parentnotice, and subject to restrictions contained in the confidentiality agreements to which the Group Companies are subject, the Company shall (i) provide to Parent (and Parent’s its authorized representatives reasonable access to all books and records of the Group Companies and all officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) employees and other personnel of the Group Companies, in each case, during normal business hours (in a manner so as to not interfere with the normal business operations of any Group Company). From and after the date immediately following the expiration or termination of the waiting period under the HSR Act (or any other Antitrust Law), (a) the Company shall permit a limited number of authorized representatives of Parent to attend any and all meetings of the Company Executive Committee (or any sub-committee thereof) and meetings of the board of directors and any committee thereof (or similar governing body) of each Group Company and to receive all written materials and communications related to such other partiesmeetings at the same time as (or promptly thereafter) management or the board or committee (or similar governing body) receives such materials or communications, collectivelyprovided that the Group Companies shall be entitled to require that any representative(s) of Parent recuse themselves from any portion of any such meeting, “Representatives”) reasonable access during normal business hours and the Group Companies shall be entitled to redact or withhold any such materials or communications, to the officesextent that the representative(s)’ participation in the portion of such meeting, propertiesor the provision of such materials or communications to the representative(s), books and records of would be reasonably likely to (x) jeopardize any Group Companyattorney-client or other legal privilege, (iiy) furnish contravene any applicable Laws or (z) breach any confidentiality obligations of the Group Companies under contracts with third parties and (b) solely to the extent permitted by applicable Law, Parent and its Representatives such existing financial authorized representatives shall be permitted to offer advice and operating data and other existing information as such persons may reasonably request in writingguidance to the Group Companies on their business operations, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives which the Group Companies shall consider in their investigation. Notwithstanding respective sole discretion, provided that, for the foregoingavoidance of doubt, in no event shall the Group Companies be obligated to follow or implement any such investigation advice or guidance. All of such information shall be conducted in such a manner treated as not confidential information pursuant to interfere unreasonably with the business or operations terms of the Company or its Subsidiaries or otherwise result in any significant interference with Confidentiality Agreement, the timely discharge provisions of which are by the employees of the Company or its Subsidiaries of their duties.
(b) this reference hereby incorporated herein. Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of ParentAgreement, the Company shall use its reasonable best efforts not be required to obtain a waiver from disclose any information to Parent (including pursuant to Section 6.1) if such Third Party), disclosure would be reasonably likely to (iix) the disclosure of such books, records, documents or other information would result in the loss of jeopardize any attorney-client or other legal privilege that could not reasonably be remedied by use privilege, (y) contravene any applicable Laws or (z) breach any confidentiality obligations of common interest agreements or other arrangements to maintain such privilege (the Group Companies under contracts with third parties; provided, however, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure shall notify Parent in writing with a general description of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available each item not disclosed pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreementsclause.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Agreement and Plan of Amalgamation, Agreement and Plan of Amalgamation (Enstar Group LTD)
Access to Information. (a) From During the date hereof until the earlier of period prior to the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from ParentTime, the Company shall (i) provide afford to Parent (and Parent’s the officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) counsel and other authorized representatives Representatives of Parent access to senior executives of the Company to answer Parent’s questions concerning the business, operations and such other parties, collectively, “Representatives”) reasonable affairs of the Company and the Company Subsidiaries and access during normal business hours to the offices, Company’s and each of the Company Subsidiaries’ properties, books books, contracts, commitments and records of any Group Companyrecords, (ii) furnish to in each case, as reasonably requested by Parent; provided, that in each case, such access shall be given at reasonable times and upon reasonable notice and Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, shall conduct any such investigation shall be conducted activities in such a manner as not to interfere unreasonably with the business business, operations or operations personnel of the Company or its Subsidiaries the Company Subsidiaries; provided, further, that such access shall not include any sampling or otherwise result in testing of any significant interference soil, air, water, groundwater or any other media or material other than with the timely discharge Company’s prior approval (which approval may be denied in the Company’s sole and absolute discretion) or with the approval of Republic in connection with the Republic Transaction to conduct such sampling or testing. From the date hereof until this Agreement is terminated, Parent and Purchaser shall be provided, at the Company’s corporate office location, such office space as is reasonably requested by Parent for its Representatives to have access to the employees books and records and, subject to Section 6.4(b) the employees, of the Company or its Subsidiaries and the Company Subsidiaries. For the avoidance of their dutiesdoubt, such access shall include, but not be limited to, reasonable access to, and cooperation from, the Company’s information technology systems and, subject to Section 6.4(b), employees to permit the integration of such systems with those of Parent’s and Purchaser’s own systems.
(b) Notwithstanding anything Without limitation of the foregoing, all requests for access shall be made to such Representatives of the Company as it shall designate, who shall be solely responsible for coordinating all such requests and access thereunder. Prior to the contrary in Section 6.03(a)Effective Time, nothing in each of Parent and Purchaser shall not, and shall cause their respective Representatives and Affiliates not to, contact or otherwise communicate with the respective employees of the Company and the Company Subsidiaries regarding the businesses of the Company and the Company Subsidiaries, this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any the Transactions without first obtaining the reasonable consent of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Lawwriting.
(c) All The Company makes no representation or warranty as to the accuracy of any information provided or made available pursuant to this Section 6.03 to 6.4(a), and neither Purchaser nor Parent or its Representatives shall be subject to may rely on the Confidentiality Agreementsaccuracy of any such information, other than as expressly set forth in the Company’s representations and warranties in Article IV.
(d) No investigation The information provided pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement 6.4(a) will be used solely for the purpose of any party hereto or any condition to effecting the obligations Transactions and will be governed by the terms of the parties heretoConfidentiality Agreement.
Appears in 2 contracts
Sources: Merger Agreement (EQT Corp), Agreement and Plan of Merger (Trans Energy Inc)
Access to Information. (aExcept as otherwise set forth herein, each Member shall be entitled to obtain from the Company, to the extent permitted by Law, any information that such Member may reasonably request concerning the Company and its Subsidiaries, subject to Section 18-305(c) From the date hereof until the earlier of the Effective Time Act and termination any limitations on such information rights under applicable Law; provided, however, that this Section 3.07 shall not obligate the Company or the Manager to create any information or reports that do not already exist at the time of this Agreement pursuant such request (other than to Article VIII and subject convert existing information from one medium to applicable Law and another, such as providing a printout of information that is stored in a computer database), except to the Confidentiality Agreements897613.05-WILSR01A - MSW extent otherwise provided in Section 9.03. Each Member shall also have the right, upon reasonable advance notice from Parentnotice, and at all reasonable times during usual business hours, to inspect the properties of the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial its Subsidiaries and legal advisors, agents, financing sources (including potential financing sources) the books of account and other authorized representatives records and reports of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records of any Group Company, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its Company and its Subsidiaries’ employees, legal counsel, financial advisors, auditors subject to Section 18-305(c) of the Act and any other Representatives to reasonably cooperate limitations on information rights under applicable Law; provided that no such inspection or access by a Member may unreasonably interfere with Parent and the operation of any Project or the conduct of business by the Company or any of its Representatives in their investigationSubsidiaries. Notwithstanding the foregoing, or any other provision of this Agreement, no Member shall have the right to inspect, obtain copies of, or otherwise have access to any document, report, or other information that (a) is subject to any contractual or legal obligation of confidentiality which, notwithstanding such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company Member or its Subsidiaries designated officer, employee, or otherwise result in Representative being subject to Section 3.08 or any significant interference with the timely discharge by the employees of the Company Comparable Confidentiality Agreement (as applicable), prohibits such Member (or its Subsidiaries of their duties.
designated officer, employee or Representative, as the case may be) from obtaining access to such document, report, or other information, (b) Notwithstanding anything to is protected by the contrary attorney-client or other applicable privilege, or (c) the Manager has determined in Section 6.03(a), nothing good faith is competitively sensitive or in this Agreement shall require the nature of trade secrets or the disclosure of which would damage the Company or any of its Subsidiaries or any of their respective businesses. A Member’s rights under this Section 3.07 may be exercised through any officer or employee of such Member designated in writing by it or by any Representative so designated, if such officer, employee, or Representative is subject to provide Parent a Comparable Confidentiality Agreement (it being understood that such Member shall be responsible to the Company for any breach of such Comparable Confidentiality Agreement). The Member making the request shall bear all reasonable and documented out-of-pocket costs and expenses incurred by the Company or any of its Subsidiaries in connection with such Member’s exercise of its rights under this Section 3.07. The Members agree to reasonably cooperate, and to cause their respective Representatives to reasonably cooperate, in connection with access any such request. All Confidential Information obtained by or on behalf of any Member, or to which any booksMember has been provided access, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives 3.07 shall be subject to the Confidentiality Agreementsprovisions of Section 3.08.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Nextera Energy Partners, Lp), Membership Interest Purchase Agreement (Nextera Energy Partners, Lp)
Access to Information. (a) From the date hereof Agreement Date until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from ParentClosing, the Company shall (i) provide to Parent (afford Acquiror and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) its Representatives reasonable access to, upon reasonable notice and during normal business hours and in such manner so as not to interfere with the officesconduct of the Business, (i) the assets, properties, books Books and records Records and Contracts of any Group Companythe Company relating to the Transferred Assets and the Business, including all Transferred IP and Licensed IP, (ii) furnish all Business Employees as identified by Acquiror and consented to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request by the Company in writing, and (iii) instruct its all other information relating to the Transferred Assets, Business Employees, Licensed IP and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives the Business (subject to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations restrictions imposed by applicable Law) of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of as Acquiror may reasonably request; provided, however, that the Company shall not be required to disclose any information or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with allow access to any bookssuch assets, recordsproperties, documents Books and Records, Contracts, Transferred IP, Licensed IP or other information to the extent that the Company reasonably determines such information constitutes information (i) that any applicable Law or Order requires the Company to restrict or prohibit access to such booksinformation, records(ii) access to which may jeopardize the Company’s preservation of attorney-client privilege, work product, or other applicable privilege applicable to such documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company parties shall use its commercially reasonable best efforts to obtain take such reasonable measures as will permit the compliance with such obligations in a waiver from manner that avoids any such Third Partyharm or consequence), (iiiii) that relates to a threatened or filed Action involving the disclosure Company, on the one hand, and Acquiror, on the other hand, or (iv) access to which may contravene any applicable Law, fiduciary duty or binding agreement entered into prior to the Agreement Date. Notwithstanding anything herein to the contrary, neither Acquiror nor any of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties its Representatives shall, if requested by Parentwithout the prior written consent of the Company, enter into such agreement or other arrangement as is reasonably acceptable to make inquiries of Persons having business relationships with the Company to maintain (including suppliers and customers) regarding the Company or such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Lawbusiness relationships.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Iridex Corp), Asset Purchase Agreement (Iridex Corp)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII Upon reasonable prior notice and subject to applicable Law law, each of Parent and the Confidentiality AgreementsCompany shall, upon reasonable advance notice from Parentand shall cause each of their Subsidiaries to, afford to the Company shall (i) provide to Parent (and Parent’s directors, officers, directorsmanagers, members, partners, employees, investment bankers, advisors, consultants, accountants, counsel, Financing Sources, agents and representatives (collectively “Representatives”) of the other party access, during normal business hours during the period prior to the Effective Time, to all its properties, books, contracts, commitments and records, and to its officers, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) counsel and other authorized representatives representatives, in each case in a manner not unreasonably disruptive to the operation of the business of Parent or the Company and their Subsidiaries, and, during such period, Parent and the Company shall, and shall cause their Subsidiaries to, make available to Parent or the Company, as applicable all information concerning its business, properties and personnel as Parent or the Company may reasonably request. At the request of Parent or the Company, the other parties, collectively, “Representatives”) party shall use its commercially reasonable efforts to comply with its obligations under the preceding sentence by providing electronic access during normal business hours to such documents and information on the online data room established by the Company prior to the officesdate hereof. Notwithstanding any other provision of this Agreement, propertiesneither the Company nor any of its Subsidiaries, books and records on the one hand, nor Parent nor any of any Group Companyits Subsidiaries on the other hand, shall be required to provide access to or to disclose information where such access or disclosure would (A) violate or prejudice the rights of its customers or employees, (iiB) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding jeopardize the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations attorney-client privilege of the Company institution in possession or control of such information, (C) contravene, violate or breach any law, rule, regulation, order, judgment, decree or fiduciary duty or any binding agreement entered into prior to the date of this Agreement in the ordinary course of business consistent with past practice or (D) be adverse to its Subsidiaries or otherwise result interests in any significant interference with pending or threatened litigation between the timely discharge by parties hereto over the employees terms of the Company or its Subsidiaries of their dutiesthis Agreement.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available and materials furnished pursuant to this Section 6.03 to Parent or its Representatives Agreement shall be subject to the provisions of the Confidentiality Agreements.
Agreement, dated August 19, 2016, between Parent and the Company (d) No investigation pursuant to this Section 6.03 shall affect any the “Confidentiality Agreement”). The Company makes no representation or warranty in this Agreement as to the accuracy of any party hereto information provided pursuant to Section 7.2(a), and neither Parent nor Merger Sub may rely on the accuracy of any such information, in each case other than as expressly set forth in the Company’s representations and warranties contained in Section 4. Parent makes no representation or any condition warranty as to the obligations accuracy of any information provided pursuant to Section 7.2(a), and Company may not rely on the parties heretoaccuracy of any such information, other than as expressly set forth in Parent and Merger Sub’s representations and warranties contained in Section 5.
Appears in 2 contracts
Sources: Merger Agreement (Consolidated Communications Holdings, Inc.), Merger Agreement
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII Upon reasonable advance notice and subject to applicable Law Laws relating to the exchange of information, each party shall, and shall cause each of its Subsidiaries to, afford to the Confidentiality Agreementsother party and its Representatives, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours (and, with respect to books and records, the right to copy) to all of its and such Subsidiaries’ properties, commitments, books, Contracts, records and correspondence (in each case, whether in physical or electronic form), officers, employees, accountants, counsel, financial advisors and other Representatives, in each case for the purpose of completing diligence related to the officestransactions contemplated by this Agreement; provided, propertiesthat such access shall be provided on a basis that minimizes the disruption to the operations of the requested party and its Representatives. Subject to applicable Laws, books from the date of this Agreement until the Effective Time, Parent and records the Partnership shall furnish promptly to one another (i) a copy of each report, schedule, registration statement and other document filed, published, announced or received by it in connection with the transactions contemplated by this Agreement during such period pursuant to the requirements of federal, state or foreign Laws (including pursuant to the Securities Act, the Exchange Act and the rules of any Group CompanyGovernmental Authority thereunder), as applicable (other than documents which such party is not permitted to disclose under applicable Laws) (which such furnishing will be deemed to have occurred in the case of any document filed with or furnished to the SEC without further action on the part of the furnishing party), and (ii) furnish to Parent all information concerning Parent’s or the Partnership’s business, properties and its Representatives such existing financial and operating data and personnel as the other existing information as such persons party may reasonably request in writingrequest, and (iii) instruct its and its Subsidiaries’ employeesincluding all information relating to environmental matters, legal counsel, financial advisors, auditors and for the purpose of completing the other Representatives to reasonably cooperate with Parent and its Representatives in their investigationparty’s due diligence. Notwithstanding the foregoing, no party shall have an obligation to provide access to any information the disclosure of which the other party has concluded may jeopardize any privilege available to such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company party or any of its Subsidiaries Affiliates relating to provide Parent such information or would be in violation of a confidentiality obligation binding on such party or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable LawAffiliates.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Merger Agreement (CNX Midstream Partners LP), Merger Agreement (Equitrans Midstream Corp)
Access to Information. (a) From After the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality AgreementsAgreement, upon reasonable advance notice from dated as of February 3, 2014, among Parent, Oceanbulk Shipping and Oceanbulk Carriers (the Company “Confidentiality Agreement”), the Oceanbulk Holdcos and Parent shall (i) provide to Parent (give each other and Parent’s officers, directors, employees, accountants, consultantstheir respective counsel, financial and legal advisors, agents, financing sources (including potential financing sources) auditors and other authorized representatives of Parent and such other partiesrepresentatives, collectivelyupon reasonable notice, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records of Parent, its Subsidiaries, Merger Subs and the Oceanbulk Companies, as applicable; provided, however, that any Group Companysuch access shall be conducted during normal business hours in a manner not to interfere with the businesses or operations of the Oceanbulk Companies or Parent, as applicable, and without the prior written consent of the other applicable party, none of Parent, the Sellers, the Oceanbulk Holdcos nor any of their Affiliates will contact any employee, customer, landlord, supplier, distributor or other material business relation of the other party or its Subsidiaries (in each case, in their capacity as such) prior to the Effective Time (other than contacts in the ordinary course of business unrelated to the Transactions), (ii) furnish to Parent each other and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal their respective counsel, financial advisors, auditors and other Representatives authorized representatives such financial and operating data and other information as such Persons may reasonably request, and (iii) instruct the employees, counsel, financial advisors, auditors and other authorized representatives of Parent, its Subsidiaries, Merger Subs, the Oceanbulk Holdcos and the Oceanbulk Companies, as applicable, to reasonably cooperate with Parent and its Representatives the Oceanbulk Holdcos in their investigationthe matters described in clauses (i) and (ii) above. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a)this Agreement, nothing in this Agreement no party shall require the Company or any of its Subsidiaries be required to provide Parent such access or disclose any of its Representatives with access information if doing so is reasonably likely to any books, records, documents or other information to the extent that (iA) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain result in a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement work product doctrine or other arrangement as is reasonably acceptable to the Company to maintain such privilege) similar privilege or (iiiB) the disclosure of such books, records, documents violate any Contract to which it is a party to which it is subject or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Merger Agreement (Oaktree Capital Management Lp), Merger Agreement (Star Bulk Carriers Corp.)
Access to Information. (a) Upon reasonable notice and subject to applicable laws relating to the exchange of information, the Company shall afford to the officers, employees, accountants, counsel and other representatives of Buyer, access, during normal business hours during the period prior to the Effective Time, to all of the Company’s and the Bank’s properties, books, contracts, commitments, records, officers, employees, accountants, counsel and other representatives, and, during such period, the Company shall make available to Buyer all information concerning the Company’s and the Bank’s businesses, properties and personnel as Buyer may reasonably request. The Company shall not be required to provide access to or to disclose information where such access or disclosure would violate or prejudice the rights of the Company’s or the Bank’s customers, jeopardize any attorney-client privilege or contravene any law, rule, regulation, order, judgment, decree, fiduciary duty or binding agreement entered into prior to the date of this Agreement, provided that the Company delivers to Buyer a written log notifying Buyer of the existence of, and the basis for the Company’s withholding of, such information. The parties hereto will make appropriate substitute disclosure arrangements under circumstances in which the restrictions of the preceding sentence apply.
(b) From and after the date hereof until the earlier Effective Time, Buyer, at Buyer’s sole expense, shall have the right to attend management and Board loan committee and review meetings of the Effective Time Company and termination the Bank as an observer and shall receive, at the same time as the Directors, committee members and other meeting participants, notice of such meetings and copies of any materials distributed to the Directors, committee members and other meeting participants. In connection therewith, Buyer shall have the right of full review on any new loan extended by the Bank in a principal amount in excess of $250,000.
(c) No investigation by Buyer or its Representatives shall affect the representations, warranties, covenants or agreements of the Company set forth herein.
(d) Notwithstanding anything contained in this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from Parentcontrary, the Company shall (i) provide to Parent and Buyer (and Parent’s officers, directors, each of their respective employees, accountantsrepresentatives, consultantsor other agents) may disclose to any and all persons, financial without limitation of any kind, the tax treatment and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours any facts that may be relevant to the officestax structure of the transactions contemplated by this Agreement; provided, propertieshowever, books and records that neither the Company nor Buyer (nor any of any Group Company, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ their respective employees, legal counsel, financial advisors, auditors representatives or other agents thereof) may disclose any other information that is not relevant to understanding the tax treatment and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations tax structure of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge transactions contemplated by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a)this Agreement, nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would could result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement a violation of any party hereto federal or any condition to the obligations of the parties heretostate securities law.
Appears in 2 contracts
Sources: Merger Agreement (Pacifica Bancorp Inc), Merger Agreement (Ucbh Holdings Inc)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant Subject to Article VIII and subject to applicable Law and Partner’s obligations under the Confidentiality AgreementsAgreement, upon reasonable advance notice from Parent, ▇▇▇▇▇▇▇ shall and shall cause its subsidiaries to afford to the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial employees and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent Partner (including independent public accountants and such other parties, collectively, “Representatives”attorneys) reasonable access during normal business hours hours, upon reasonable advance notice, to the offices, propertiesproperties and business and financial records (including computer files, books retrieval programs and records similar documentation) of the Business and shall furnish or cause to be furnished to Partner or its authorized representatives such additional information concerning the Business as shall be reasonably requested; provided, however, that ▇▇▇▇▇▇▇ shall not be required to violate any Group CompanyRequirements of Law, (ii) furnish Court Order or obligation of confidentiality to Parent which ▇▇▇▇▇▇▇ or any of its subsidiaries is subject in discharging obligations pursuant to this Section 8.1; and, provided further, however, that in no event ▇▇▇▇ ▇▇▇▇▇▇▇ be under any obligation to disclose any information that is subject to attorney-client or similar privilege or to waive such privilege. In the event that ▇▇▇▇▇▇▇ does not provide access or information in reliance on the final proviso of the preceding sentence, ▇▇▇▇▇▇▇ shall provide notice to Partner that such access or information is being withheld and ▇▇▇▇▇▇▇ shall use commercially reasonable efforts to communicate, to the extent feasible, the applicable information in a way that would not violate the applicable obligation or risk waiver of such privilege. Notwithstanding foregoing, neither Partner nor any of its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writingofficers, and (iii) instruct its and its Subsidiaries’ employees, legal counselagents or representatives shall have access to any personnel of the Business or any other businesses of ▇▇▇▇▇▇▇ or its subsidiaries without ▇▇▇▇▇▇▇’▇ prior written consent, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigationwhich shall not be unreasonably withheld. Notwithstanding the foregoing, any Partner agrees that: (A) such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company ▇▇▇▇▇▇▇ and its subsidiaries; (B) all requests by Partner for access or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available availability pursuant to this Section 6.03 to Parent or its Representatives 8.1 shall be subject submitted or directed exclusively to an individual to be designated by ▇▇▇▇▇▇▇; and (C) ▇▇▇▇▇▇▇ and its Subsidiaries shall not be required to provide any books and records or reports based thereon that they do not maintain or prepare in the Confidentiality Agreementsordinary course of their business.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Contribution and Investment Agreement (Allscripts Healthcare Solutions, Inc.), Contribution and Investment Agreement
Access to Information. (a) From the date hereof of this Agreement until the earlier of the Effective Time and the termination of this Agreement pursuant to Article VIII and subject to applicable Law in accordance with its terms, each of Parent and the Confidentiality AgreementsCompany shall keep the Investor reasonably informed of any material development of the proposed Distribution (including the status thereof) and, upon reasonable advance notice from Parentnotice, each of Parent and the Company shall (iand each shall cause its respective Subsidiaries to) provide afford to Parent (the Investor and Parent’s its officers, directors, employees, accountants, consultantscounsel, and financial and legal advisorsadvisors reasonable access, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours hours, to (a) the offices, properties, books and records of any Group Company, (ii) furnish principally relating to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, the China Business and (iiib) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the senior management employees of the Company Company; provided, however, that Parent or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with may restrict the foregoing access to any books, records, documents or other information to the extent that (i) such books, records, documents any Applicable Laws or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Material Contract requires Parent, the Company shall use its reasonable best efforts or any of their respective Subsidiaries to obtain a waiver from restrict or prohibit access to any such Third Party), properties or information or (ii) the disclosure of such books, records, documents or other information would result in violate confidentiality obligations to a third party (who is not an outside advisor of Parent and/or the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain Company). The Investor will hold any such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available obtained pursuant to this Section 6.03 5.8 in confidence in accordance with, and will otherwise be subject to, the provisions of the Confidentiality Agreement dated February 4, 2016 between Parent and Primavera Capital Limited (as it may be amended or supplemented, the “Confidentiality Agreement”). Notwithstanding anything in the Confidentiality Agreement or this Agreement to the contrary, following the Closing, (x) any disclosure of information (other than any information relating to the Parent or its Representatives Subsidiaries (excluding, for the avoidance of doubt, the Company and its Subsidiaries)) that is not prohibited by Section 3.2 of the Shareholders Agreement shall not be subject deemed to be a breach of this Section 5.8 or the Confidentiality Agreements.
Agreement, (dy) No investigation pursuant any action that is not prohibited by Section 2.2 of the Shareholders Agreement shall not be deemed to this Section 6.03 shall affect any representation or warranty in this Agreement be a breach of any party hereto or any condition to the standstill obligations of the parties heretoInvestor solely in respect of the Company set forth in the seventh paragraph of the Confidentiality Agreement, and (z) except as provided in (x) and (y), nothing in this Section 5.8 shall be construed to limit or otherwise modify the provisions or term of the Confidentiality Agreement, which shall survive any termination of this Agreement. Any investigation by the Investor shall not affect the representations and warranties contained herein or the conditions to the respective obligations of the Parties to consummate the Investment.
Appears in 2 contracts
Sources: Investment Agreement (Yum China Holdings, Inc.), Investment Agreement (Yum Brands Inc)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII Upon reasonable notice and subject to applicable Law laws, each of Parent and Company, for the purposes of verifying the representations and warranties of the other and preparing for the Merger and the Confidentiality Agreementsother matters contemplated by this Agreement, upon reasonable advance notice from Parentshall, and shall cause each of their respective Subsidiaries to, afford to the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultantscounsel, financial and legal advisors, agents, financing sources (including potential financing sources) advisors and other authorized representatives of Parent and such the other partiesparty, collectivelyaccess, “Representatives”) reasonable access during normal business hours during the period prior to the officesEffective Time, to all its properties, books books, contracts, personnel, information technology systems, and records records, and each shall reasonably cooperate with the other party in preparing to execute after the Effective Time conversion or consolidation of systems and business operations generally (including by entering into customary confidentiality, non-disclosure and similar agreements with such service providers and/or the other party), and, during such period, during normal business hours and in a manner so as not to interfere with normal business operations, each of Parent and Company shall, and shall cause its respective Subsidiaries to, make available to the other party such information concerning its business, properties and personnel as such party may reasonably request. Each party shall use commercially reasonable efforts to minimize any interference with the other party’s regular business operations during any such access. Neither Parent nor Company nor any of their respective Subsidiaries shall be required to provide access to or to disclose information where such access or disclosure would violate or prejudice the rights of Parent’s or Company’s, as the case may be, customers, jeopardize the attorney-client privilege of the institution in possession or control of such information (after giving due consideration to the existence of any Group Companycommon interest, joint defense or similar agreement between the parties) or contravene any law, rule, regulation, order, judgment, decree, fiduciary duty or binding agreement entered into prior to the date of this Agreement. The parties hereto will make appropriate substitute disclosure arrangements under circumstances in which the restrictions of the preceding sentence apply.
(iib) furnish to Each of Parent and its Representatives Company shall hold all information furnished by or on behalf of the other party or any of such existing financial and operating data and other existing information as such persons may reasonably request party’s Subsidiaries or representatives pursuant to Section 6.2(a) in writingconfidence to the extent required by, and in accordance with, the provisions of the confidentiality agreement, dated February 23, 2017, between Parent and Company (iiithe “Confidentiality Agreement”).
(c) instruct No investigation by either of the parties or their respective representatives shall affect or be deemed to modify or waive the representations and warranties of the other set forth herein. Nothing contained in this Agreement shall give either party, directly or indirectly, the right to control or direct the operations of the other party prior to the Effective Time. Prior to the Effective Time, each party shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their dutiesrespective operations.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 2 contracts
Sources: Merger Agreement (First Horizon National Corp), Merger Agreement (Capital Bank Financial Corp.)
Access to Information. (a) From During the date hereof period commencing with the execution and delivery of this Agreement until the earlier to occur of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law its terms and the Confidentiality AgreementsClosing, upon reasonable advance notice from Parent, the Company (x) Seller shall (i) provide to Parent (afford Buyer and Parent’s its officers, directors, authorized employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) counsel and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books books, records and records personnel of any Group Companythe Business, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons Buyer may reasonably request in writing(subject to any limitations that are reasonably required to preserve any applicable attorney-client privilege or third-party confidentiality obligation), and (iiiy) instruct its and its Subsidiaries’ employeeswithout the prior written consent of Seller, legal counsel, financial advisors, auditors and other Representatives Buyer shall not contact any Business Employee or any suppliers to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations customer of the Company Business in connection with or its Subsidiaries or otherwise result in pertaining to any significant interference with the timely discharge by the employees subject matter of the Company or its Subsidiaries of their dutiesthis Agreement.
(b) Notwithstanding anything After the Closing Date, Seller and Buyer shall provide to each other and to their respective officers, authorized employees, accountants, counsel and other authorized representatives, upon reasonable request (subject to any limitations that are reasonably required to preserve any applicable attorney-client privilege or third-party confidentiality obligation), reasonable access for inspection and copying of all the Business Records and Permits and any other information existing as of the Closing Date and primarily relating to the contrary in Section 6.03(aBusiness, the Business Assets or the Transferred Employees (subject to applicable privacy laws), nothing and shall make their respective personnel reasonably available for interviews, depositions and testimony in any legal matter concerning transactions contemplated by this Agreement shall require Agreement, and as otherwise may be necessary or desirable to enable the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that Party requesting such assistance to: (i) such bookscomply with any reporting, records, documents filing or other information is subject requirements imposed by any Governmental Entity, including filing any Tax Returns and responding to any confidentiality agreement Tax audits or Tax authority disputes with a Third Party (provided, that at respect to the request of ParentBusiness, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), Business Assets and the Transferred Employees; (ii) assert or defend any claims or allegations in any litigation or arbitration or in any administrative or legal proceeding other than claims or allegations that one Party to this Agreement has asserted against the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) other; or (iii) subject to clause (ii) above, perform its obligations under this Agreement. The Party requesting such information or assistance shall reimburse the disclosure other party for all reasonable and necessary out-of-pocket costs and expenses incurred by such party in providing such information and in rendering such assistance. The access to files, books and records contemplated by this Section 5.4(b) shall be during normal business hours and upon reasonable prior notice and shall be subject to such reasonable limitations as the Party having custody or control thereof may impose to preserve the confidentiality of such books, records, documents or other information is prohibited by applicable Lawcontained therein.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives Buyer shall be subject to preserve copies of all Business Records and Permits for at least seven (7) years after the Confidentiality AgreementsClosing Date.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 1 contract
Access to Information. (aExcept as otherwise set forth herein, each Member shall be entitled to obtain from the Company, to the extent permitted by Law, any information that such Member may reasonably request concerning the Company and its Subsidiaries, subject to Section 18-305(c) From the date hereof until the earlier of the Effective Time Act and termination any limitations on such information rights under applicable 870723.28-WILSR01A - MSW Law; provided, however, that this Section 3.07 shall not obligate the Company or the Managing Member to create any information or reports that do not already exist at the time of this Agreement pursuant such request (other than to convert existing information from one medium to another, such as providing a printout of information that is stored in a computer database), except to the extent otherwise provided in Article VIII 9. With respect to Persons, other than Subsidiaries, in which the Company holds an equity interest, each Member shall be entitled to obtain from the Company such information concerning such Person (and subject any of its Subsidiaries) that the Company shall have received, or be entitled to obtain, from such other Person, subject, in each case, to any limitations on such information rights under applicable Law and such Person’s organizational documents. Each Member shall also have the Confidentiality Agreementsright, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records of any Group Company, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writingnotice, and (iii) instruct its at all reasonable times during usual business hours, and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations operation of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees business of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries, to inspect the properties of the Company and its Subsidiaries and the books of account and other records and reports of the Company and its Subsidiaries, subject to provide Parent Section 18-305(c) of the Act and any limitations on such information rights under applicable Law. Such right may be exercised through any agent or any employee of its Representatives with access to any bookssuch Member designated in writing by it or by an independent public accountant, recordsengineer, documents attorney, or other information to the extent that (i) consultant so designated, if such books, records, documents or other information Person is subject to a customary confidentiality obligation with such Member obligating such Person to keep such Confidential Information confidential on terms no less favorable in any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable material respect to the Company than as set forth in Section 3.08 (it being understood that such Member shall be responsible to maintain such privilege) or (iii) the disclosure Company for any breach of such booksconfidentiality obligations). The Member making the request shall bear the reasonable and documented out-of-pocket costs and expenses incurred in any inspection made on such Member’s behalf. The Members agree to reasonably cooperate, recordsand to cause their respective independent public accountants, documents or other information is prohibited by applicable Law.
(c) All information provided or made available engineers, attorneys, and consultants to reasonably cooperate, in connection with any such request. Confidential Information obtained pursuant to this Section 6.03 to Parent or its Representatives 3.07 shall be subject to the Confidentiality Agreementsprovisions of Section 3.08.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 1 contract
Sources: Purchase and Sale Agreement (NextEra Energy Partners, LP)
Access to Information. (a) From During the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII Executory Period, upon reasonable notice, and subject to applicable Law and restrictions contained in any confidentiality agreements to which the Confidentiality AgreementsPurchased Entities are subject, upon reasonable advance notice from Parent, (a) the Company shall (i) provide provide, or shall cause to Parent (be provided, to Buyer and Parent’s officersits authorized representatives, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours hours, reasonable access to the officers of the Company and to the offices, properties, contracts, books and records records, and documents of or pertaining to the Group Companies (in a manner so as to not interfere with the normal business operations of any Group Company, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything the Blocker Sellers shall provide, or shall cause to be provided, to Buyer and its authorized representatives, during normal business hours, reasonable access to the contrary offices, properties, personnel, contracts, books and records, and documents of or pertaining to the Blocker Entities (in Section 6.03(aa manner so as to not interfere with the normal business operations of any Blocker Entity); provided, (x) that nothing in this Agreement herein shall require the Company or any of its Subsidiaries Blocker Seller to provide Parent Buyer or any of its Representatives authorized representatives with access to any books, records, documents information that would reasonably be expected to give rise to antitrust or other information to the extent that (i) such books, records, documents competition law issues or other information is subject to any confidentiality agreement with a Third Party (attorney-client privilege; provided, that at in such instances or in the request of Parentevent that any such access to such information is restricted by confidentiality agreements, the Company or such Blocker Seller, as applicable, shall use its commercially reasonable best efforts to obtain cooperate with Buyer to provide such information, in whole or in part, in a waiver from manner that would not be subject to such Third Party)restrictions or result in such issues; and (y) that such access shall not extend to any sampling or analysis of soil, (ii) the disclosure of such booksgroundwater, recordsbuilding materials, documents indoor air, or other environmental media of the sort generally referred to as a “Phase II” environmental investigation without the prior written consent of the Company, not to unreasonably withheld, delayed or conditioned.
(b) Buyer covenants and agrees to, and shall, indemnify and hold harmless the Group Companies and the Seller Indemnified Parties from and against all Losses, personal injuries and property damage resulting from Buyer’s inspections or in any manner relating to Buyer’s activities. All information would result in provided pursuant to Section 7.3(a) shall be treated as confidential information pursuant to the loss terms of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilegethe Confidentiality Agreement, the applicable parties shall, if requested provisions of which are by Parent, enter into such agreement or other arrangement as is reasonably acceptable this reference hereby incorporated herein and Buyer agrees that it shall be bound by the Confidentiality Agreement to the Company to maintain such privilegesame extent as American Towers LLC. This Section 7.3(b) or (iii) shall survive the disclosure termination of such books, records, documents or other information is prohibited by applicable Lawthis Agreement.
(c) All information provided or made available pursuant During the Executory Period, every two (2) weeks beginning on November 13, 2020, the Company shall deliver to this Section 6.03 to Parent or its Representatives shall be subject Buyer an update to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect Cash Requirements Forecast, provided that neither the Company nor the Sellers make any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties heretowith respect thereto.
Appears in 1 contract
Sources: Securities Purchase Agreement (American Tower Corp /Ma/)
Access to Information. (a) From During the period from the date hereof of this Agreement until the earlier of the Effective Offer Acceptance Time and the termination of this Agreement pursuant to Article VIII and subject to applicable Law and Section 8.1 (the Confidentiality Agreements“Pre-Closing Period”), upon reasonable advance notice from Parentto the Company, the Company shall, and shall (i) cause the respective Representatives of the Company to: provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) Representatives with reasonable access during normal business hours of the Company to the officesCompany’s Representatives, propertiespersonnel, books and records assets and to all existing books, records, Tax Returns, work papers and other documents and information relating to the Company and provide copies of any Group such existing books, records, Tax Returns, work papers and other documents and information relating to the Company, (ii) furnish in each case, to the extent reasonably requested by Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writingfor reasonable business purposes; provided, and (iii) instruct its and its Subsidiaries’ employeeshowever, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, that any such investigation access shall be conducted at Parent’s expense, at a reasonable time and in compliance with then-applicable local COVID-19 Measures, under the supervision of appropriate personnel of the Company and in such a manner as not to unreasonably interfere unreasonably with the normal operation of the business or operations of the Company or its Subsidiaries create material risk of damage or otherwise result in destruction to any significant interference with the timely discharge by the employees of material assets or property; provided that the Company shall be permitted to provide such information electronically or its Subsidiaries of their duties.
(b) Notwithstanding anything by other remote access where practicable. Any such access shall be subject to the contrary in Section 6.03(a), nothing in this Agreement Company’s reasonable security measures and insurance requirements and shall not include invasive testing. Nothing herein shall require the Company to disclose or any of its Subsidiaries to provide Parent or any of its Representatives with access to any booksinformation if such disclosure could, records, documents or other information to the extent that in its reasonable judgement (after consultation with its outside counsel) (i) such books, records, documents or other information is subject to jeopardize any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege (so long as the Company has reasonably cooperated with Parent to permit such inspection of or to disclose such information on a basis that could does not reasonably be remedied by use of common interest agreements or other arrangements to maintain waive such privilege with respect thereto), (providedii) contravene any applicable Law, that if such an fiduciary duty or binding agreement entered into prior to the date of this Agreement (including any confidentiality agreement to which the Company or arrangement can be used its Affiliates is a party) (so long as the Company uses its reasonable best efforts to maintain such privilege, communicate the applicable parties shallinformation to Parent in a way that would not contravene any applicable Law, if requested by Parentfiduciary duty or binding agreement, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilegeapplicable) or (iii) increase the risk of failing to satisfy the Regulatory Conditions; provided, further, that information shall be disclosed subject to execution of a joint defense agreement in customary form, and disclosure may be limited to external counsel for Parent, to the extent the Company reasonably determines (after consultation with its outside counsel) doing so may be reasonably required for the purpose of such books, records, documents or other complying with applicable Antitrust Laws. With respect to the information is prohibited by applicable Law.
(c) All information provided or made available disclosed pursuant to this Section 6.03 5.1, Parent shall comply with, and shall instruct Parent’s Representatives to comply with, all of its obligations under the Mutual Non-Disclosure Agreement dated March 6, 2022, between the Company and Parent or its Representatives shall be subject to (the “Confidentiality Agreements.
(d) No investigation Agreement”). All requests for information made pursuant to this Section 6.03 5.1 shall affect any representation or warranty in this Agreement of any party hereto or any condition be directed to the obligations Persons listed on Part 5.1 of the parties heretoCompany Disclosure Schedule or another person designated in writing by the Company.
Appears in 1 contract
Sources: Agreement and Plan of Merger (Turning Point Therapeutics, Inc.)
Access to Information. (a) From During the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII Interim Period, upon reasonable notice and subject to applicable Law and relating to privacy or the Confidentiality Agreements, upon reasonable advance notice from Parentexchange of information, the Company shall, and shall (i) provide cause each of its Subsidiaries to, afford to Parent (and Parent’s its officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) counsel and other authorized representatives of Parent and such other partiesrepresentatives, collectivelyreasonable access, “Representatives”) reasonable access during normal business hours hours, to its properties, books, Contracts, commitments, personnel and records as Parent may reasonably request. Any investigation conducted pursuant to the officesaccess contemplated by this Section 6.4 shall be conducted in a manner that does not unreasonably interfere with the conduct of the business of any of the Acquired Companies or create a risk of damage or destruction to any property or assets of any of the Acquired Companies. During such period, the Company shall furnish or make available promptly to Parent (except as otherwise publicly available) (a) a copy of each report, schedule, registration statement and other document filed or received by it during such period pursuant to the requirements of applicable federal securities Laws and (b) all additional financing, operating and other data and information concerning the Company, its Subsidiaries, and their respective business, properties, books assets and records of any Group Companypersonnel, (ii) furnish to as Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request request. Parent will hold any such information which is non-public in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives confidence in accordance with the Confidentiality Agreement. No information or knowledge obtained in any investigation pursuant to reasonably cooperate this Section 6.4 or otherwise shall affect or be deemed to modify any representation or warranty contained in this Agreement or the conditions to the obligations of the parties hereto with Parent and its Representatives in their investigationrespect to the Offer or the Merger. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries may restrict or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with prohibit access to any books, records, documents or other information to the extent that (i) access to such books, records, documents or information would risk waiver of any attorney-client privilege, work product doctrine or other information applicable privilege applicable to such documents or information, (ii) access to a Contract to which any of the Acquired Companies is subject to any confidentiality agreement with a Third Party party or otherwise bound would violate or cause a default under, or give a third party the right terminate or accelerate the rights under, such Contract (provided, provided that at the request of Parent, the Company shall use or such Acquired Company, as the case may be, has used its reasonable best efforts to obtain a waiver from such Third Partyfind an alternative way to provide the access or information contemplated by this Section 6.4), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of access to such books, records, documents or other information is prohibited by would violate applicable LawAntitrust Laws.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 1 contract
Access to Information. (a) From the date hereof until the earlier of the Effective Expiry Time and termination of the time this Agreement pursuant to Article VIII is terminated, and subject to applicable Law the existing confidentiality agreement between the Company and PPC dated October 4, 2004 (the Confidentiality Agreements, upon reasonable advance notice from Parent"CONFIDENTIALITY AGREEMENT"), the Company shall (iand shall cause its Subsidiary to) provide afford the Offeror's officers, employees, counsel, accountants and other authorized representatives and advisors of PPC or the Offeror ("REPRESENTATIVES") access to Parent information, confidential or otherwise, with respect to the Company and its Subsidiary and their respective businesses, assets and properties, including books, contracts and records as well as access to management personnel and employees, subject to such access not interfering with the ordinary conduct of the business of the Company and its Subsidiary. PPC, the Offeror and their Representatives will not contact any Agency (other than Agencies with registries or information available by request from members of the public), any employees of the Company or its Subsidiary, any supplier of the Company or its Subsidiary, or any third party who is a party to any agreement, arrangement or understanding under which the Company or its Subsidiary (or any of their assets) is bound or affected, without the prior written consent of the Company, which shall not be unreasonably withheld, and the Company shall (and Parent’s shall cause its Subsidiary to) furnish promptly to the Offeror all information concerning its business, assets, properties and personnel as the Offeror may reasonably request.
(b) Notwithstanding the foregoing, except as expressly provided for herein, the Company shall not be obligated to make available to the Offeror any of the Company's management or Board of Directors' materials relating to the assessment or evaluation of the transactions contemplated hereby or any alternative transaction (including any Acquisition Proposal proposed by any other person) nor any information supplied by any of its officers, directors, employees, accountantsfinancial advisors, consultants, financial and legal advisors, agentsauditors, financing sources (including potential financing sources) representatives, agents or other advisors in connection therewith or any confidentiality agreement made between the Company and any other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records person in respect of any Group Company, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their dutiesalternative transaction.
(bc) Notwithstanding anything Without limiting the generality of the provisions of the Confidentiality Agreement, the parties acknowledge that all information provided under section 3.4(a), or otherwise pursuant to this Agreement or in connection with the transactions contemplated hereby, is subject to the contrary Confidentiality Agreement, which shall remain in Section 6.03(a)full force and effect notwithstanding any other provision of this Agreement or any termination of this Agreement. If any provision of this Agreement conflicts or is inconsistent with any provision of the Confidentiality Agreement, nothing the provisions of this Agreement will supersede those of the Confidentiality Agreement but only to the extent of the conflict or inconsistency and all other provisions of the Confidentiality Agreement will remain in full force and effect.
(d) Nothing in this Agreement section 3.4 shall require the Company or any of its Subsidiaries Subsidiary to provide Parent or any of its Representatives with access to any books, records, documents or other disclose information to the extent that (i) such books, records, documents or other information is subject to any a written confidentiality agreement with a Third Party third party or supplier specific or competitively sensitive information. For greater certainty, until the date on which the Offeror takes up and pays for Shares under the Offer, access to and exchange of supplier specific and competitively sensitive information (provided, that at "CONFIDENTIAL DATA") as between the request parties shall be limited to what is reasonably necessary for the purposes of Parentsecuring all necessary regulatory approvals, the Company preparation and settlement of definitive documents and the consummation of the Offer and shall use its reasonable best efforts to obtain a waiver from be limited such Third Party), (ii) that the disclosure dissemination of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably Confidential Data shall be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable confined to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations representatives of the parties heretoand their counsel who have a need to know such information for such purposes and who agree to respect such confidentiality in their dealings with Confidential Data. In particular, with reference to access to and the sharing of Confidential Data of one party with representatives of the other party for purposes of preparing any filings or submissions in respect of any required regulatory approvals, the general principle which shall be applied is that such information shall be made available to, exchanged or shared with counsel to the parties rather than the parties or their representatives.
Appears in 1 contract
Access to Information. (a) From Subject to Section 6.04(a) of the Company Disclosure Schedule, from the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII Time, and subject to applicable Applicable Law and the Confidentiality Agreements, upon reasonable advance notice from ParentAgreement, the Company shall (ia) provide give to Parent (and Parent’s officers, directors, employees, accountants, consultantsits counsel, financial and legal advisors, agents, financing sources (including potential financing sources) auditors and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records of any Group Company, (ii) furnish to Parent the Company and its Representatives such existing financial Subsidiaries (including Tax records, Tax and operating data accounting work papers, Tax and general ledgers, subsidiary ledgers, accounting documents and other existing information financial related information), to the extent available as such persons may reasonably request of the date hereof, or to the extent created by or received by, or in writingthe possession of, the Company after the date hereof, and (iiib) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives authorized representatives to reasonably cooperate with Parent and its Representatives in their investigationsuch access. Notwithstanding the foregoing, any such investigation Any access pursuant to this Section shall be conducted under supervision of appropriate personnel of the Company and in such a manner as not to unreasonably interfere unreasonably with the conduct of the business of the Company. Without limiting the generality of the foregoing, as soon as reasonably practicable after the date of the request, the Company shall deliver or operations make available to Parent information, books and records relating to the distribution arrangements (including with respect to revenue recognition) of the Company or any of its Subsidiaries or otherwise result in any significant interference with its controlled Affiliates (the timely discharge by the employees of the Company “Distributor Information”) as Parent has reasonably requested or its Subsidiaries of their dutiesmay reasonably request.
(b) Notwithstanding anything to the contrary in Section 6.03(a6.04(a), nothing in this Agreement shall require the Company or any of its Subsidiaries or Representatives to provide Parent or any of its Representatives with access to any books, records, documents or other information (i) to the extent that (i) such books, records, documents or other information is subject to any the terms of a confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) to the extent that the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) to the extent the disclosure of such books, records, documents or other information is prohibited by applicable Applicable Law.
(c) All ; provided that the Company shall take all commercially reasonable steps to permit inspection of or to disclose such information provided or made available pursuant to this Section 6.03 to Parent on a basis that does not waive the Company’s or its Representatives shall be subject to Subsidiary’s, as the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.case may be, privilege with respect thereto
Appears in 1 contract
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality AgreementsClosing, upon reasonable advance notice from Parentnotice, the Company shall (i) provide to Parent (and Parent’s cause its officers, directors, employees, accountantsagents, consultantsrepresentatives, financial accountants and legal advisorscounsel, and shall cause the Subsidiaries and each of the Subsidiaries’ officers, directors, employees, agents, representatives, accountants and counsel to: (i) afford the officers, key employees, agents, accountants, counsel, financing sources (including potential financing sources) and other authorized representatives of Parent and such other partiesthe Purchaser reasonable access, collectively, “Representatives”) reasonable access during normal business hours hours, to the offices, properties, plants, other facilities, books and records of the Company and each Subsidiary and to those officers, directors, key employees, agents, accountants and counsel of the Company and of each Subsidiary who have any Group knowledge relating to the Company, any Subsidiary or the Business and (ii) furnish to Parent the officers, employees, agents, accountants, counsel, financing sources and its Representatives representatives of the Purchaser such existing additional financial and operating data and other existing information as such persons may reasonably request in writingregarding the assets, properties, liabilities and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations goodwill of the Company Company, the Subsidiaries and the Business (or its Subsidiaries or otherwise result in any significant interference with legible copies thereof) as the timely discharge by the employees of Purchaser may from time to time reasonably request; provided, however, that the Company or its Subsidiaries may restrict the foregoing access and the disclosure of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (iA) in the reasonable judgment of the Company, any Law applicable to the Company requires the Company or any Subsidiary to restrict or prohibit access to any such booksproperties or information, records(B) in the reasonable judgment of the Company, documents or other the information is subject to any confidentiality agreement with obligations to a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party)third party, (iiC) the such disclosure would result in disclosure of any trade secrets of third parties or (D) disclosure of any such books, records, documents information or other information would document could result in the loss of attorney-client privilege; provided further that, without the Company’s prior written consent, no meetings and conversations with any officers, directors, agents, accountants or counsel of the Company or any Subsidiary shall take place without an officer or other legal privilege that could not reasonably be remedied by use designated representative of common interest agreements or other arrangements to maintain such privilege (the Company being present and participating; provided, however, that if such an agreement or arrangement can be used with respect to maintain such privilegeclauses (A) through (D) of this Section 5.04(a), the applicable parties shall, if requested by Parent, enter into Company shall use all reasonable efforts (without any obligation to make any payments) (x) to obtain the required consent of such agreement third party to provide such access or other arrangement disclosure or (y) to develop an alternative to providing such information so as to address such matters that is reasonably acceptable to the Purchaser and the Company.
(b) The Purchaser shall provide the Company with reasonable access to maintain information regarding the Purchaser for inclusion in Company materials and filings relating to this Agreement or the Transactions (including the Disclosure Statement) if the Company requests such privilege) or (iii) information and the disclosure inclusion of such books, records, documents or other the requested Purchaser information is prohibited required to be included in such materials or filings by applicable LawLaw or the Bankruptcy Code as required for the listing of the Reorganized Company Shares on a national securities exchange.
(c) All information provided In order to facilitate the resolution of any claims made against or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject incurred by the Company prior to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 Closing, for a period of seven years after the Closing, the Purchaser shall affect any representation or warranty in this Agreement of any party hereto or any condition retain the books and records relating to the obligations Business, the Company and the Subsidiaries relating to periods prior to the Closing in a manner reasonably consistent with the prior practice of the parties heretoCompany and the Subsidiaries.
Appears in 1 contract
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of the date on which this Agreement pursuant to Article VIII and is terminated in accordance with its terms, subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from Parentterms of any existing Contracts, the Company Company, on one hand, and 142 BC and Acquireco, together, on the other hand, shall (i) provide to Parent (give each other and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized their respective representatives of Parent and such other parties, collectively, “Representatives”) reasonable access to the books and records and Material Contracts of such Party and their Subsidiaries and to its management personnel during normal business hours and in such a manner as to not unreasonably interfere with the conduct of the business of each respective Party and their Subsidiaries and furnish to the offices, properties, books and records of any Group Company, (ii) furnish to Parent and its Representatives other such existing financial and operating data and other existing information as such persons the other may reasonably request request. Each Party acknowledges that all information provided to it under this Section 5.05 or otherwise pursuant to this Agreement or acquired in writingconnection with the transactions contemplated under this Agreement (the "Confidential Information") is confidential, must be kept confidential and must not be disclosed to any Person at any time or in any manner except:
(iiia) instruct its to any Party or to any of the affiliates of a Party that have a bona fide need to be informed provided that such affiliates are advised by the disclosing Party of the confidential nature of such Confidential Information and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives agree to reasonably cooperate with Parent and its Representatives be subject to confidentiality obligations no less onerous than those contained in their investigationthis Agreement. Notwithstanding Any breaches of the foregoing, any obligations of confidentiality contained in this Agreement by such investigation an affiliate shall be conducted in treated as a breach of such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge obligations by the employees of Party making the Company or its Subsidiaries of their duties.disclosure to the affiliate;
(b) Notwithstanding anything with the prior written consent of the other Party, such consent not to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.unreasonably withheld;
(c) All information provided in connection with the filling, submission or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to publication of the Confidentiality Agreements.Filing Statement;
(d) No investigation pursuant to a bank, lender, investor or other financial institution considering the provision of or, which has provided financial accommodation to, a Party or an affiliate of a Party or to a trustee, representative or agent or such a bank, lender, investor or financial institution, in each case who has entered into a confidentiality agreement with the disclosing Party that contains provisions substantially similar to and no less stringent than those contained in this Section 6.03 shall affect any representation and provided that such bank, lender, investor or warranty other financial institution is advised by the disclosing Party of the confidential nature of such Confidential Information;
(e) by a Party to a Representative, provided that such Representatives have first been made aware that the Confidential Information is confidential and have agreed to maintain the confidentiality of the Confidential Information. Any breaches of the obligations of confidentiality contained in this Agreement by a Representative shall be treated as a breach of such obligations by the Party making the disclosure to the Representative; and
(f) to the extent required by applicable Law or by a lawful requirement of any party hereto Governmental Entity having jurisdiction over the Parties or their affiliates provided that any condition Party that intends to make such required disclosure will (to the obligations extent permitted by applicable Law) provide the other Party with the full written text of the parties heretoproposed required disclosure at least two (2) Business Days before its first disclosure or publication, unless pursuant to applicable Law such required disclosure must be made within a shorter period, in which case the Party intending to make such required disclosure will provide the full written text of the proposed required disclosure to the other Party for as long a period as is practicable in advance of its first disclosure or publication. The Party making such required disclosure will consider in good faith all reasonable amendments to the required disclosure as may be proposed by the other Party and will, to the extent practicable in the circumstances, use its reasonable endeavours to obtain assurances from the Governmental Entity that any such required disclosure will be treated confidentially. The Party making a required disclosure will be solely and entirely responsible for the contents of such required disclosure and will include in the required disclosure a statement as to that Party's sole and entire responsibility.
Appears in 1 contract
Sources: Arrangement Agreement
Access to Information. (a) From and after the date hereof of this Agreement until the earlier to occur of the Effective Time and the termination of this Agreement pursuant to in accordance with Article VIII IX, upon reasonable advance notice and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from Parent(including any applicable COVID-19 Measures), the Company shall (iand shall cause its Subsidiaries to) provide afford to Parent (Parent, its Affiliates and Parent’s its directors, officers, directorsagents, control persons, employees, accountants, consultants, financial consultants and legal advisors, agents, financing sources professional advisors (including potential financing sourcesattorneys, accountants and financial advisors) and other authorized representatives of Parent and such other parties, collectively, (“Representatives”) reasonable access during normal business hours hours, to the offices, properties, books and records all of any Group Company, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employeesproperties, legal counselbooks, financial advisorsContracts, auditors commitments, records, officers and Employees and, during such period, the Company shall (and shall cause its Subsidiaries to) furnish to Parent all other Representatives information concerning it, its Subsidiaries and each of their respective businesses, properties and personnel as Parent may reasonably request; provided that the Company may restrict the foregoing access and the disclosure of information to reasonably cooperate with Parent and its Representatives the extent that, in their investigation. Notwithstanding the foregoinggood faith judgment of the Company, (i) any such investigation shall be conducted in such a manner as not Law (including any COVID-19 Measures) applicable to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of requires the Company or its Subsidiaries of their duties.
to restrict or prohibit access to any such properties or information, (bii) Notwithstanding anything the information is subject to the contrary in Section 6.03(a), nothing in this Agreement shall require confidentiality obligations to a Third Party pursuant to a Contract to which the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information is bound and was entered into prior to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party)date hereof, (iiiii) the disclosure of any such books, records, documents information or other information would document could result in the loss of attorney-client privilege or (iv) such access would unreasonably disrupt the operations of the Company or any of its Subsidiaries; provided, further, that the Company shall give notice to Parent of the fact that it is withholding such information or documents and thereafter use commercially reasonable efforts to provide Parent such information (or as much of such information as possible) in a manner that would not violate any such Law or confidentiality obligations, waive attorney-client privilege or cause such unreasonable disruption, as applicable (including through counsel-to-counsel disclosure, redaction or other legal privilege that could not reasonably be remedied customary procedures (and, with respect to any contractual confidentiality obligations, by use of common interest agreements or other arrangements taking commercially reasonable efforts to maintain seek a waiver with respect to such privilege contractual confidentiality obligations)).
(provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable b) With respect to the Company information disclosed pursuant to maintain such privilege) or (iii) Section 7.6(a), Parent shall comply with all of its obligations under the Confidentiality Agreement, which agreement shall remain in full force and effect in accordance with its terms; provided that the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available to any of the Debt Financing Source Parties pursuant to this Section 6.03 to Parent Agreement or its Representatives otherwise shall be subject not require the prior written consent of the Company pursuant to the Confidentiality Agreements.
(d) No investigation Agreement and may be made pursuant to this Section 6.03 shall affect any representation the Debt Commitment Letter or warranty other customary confidentiality undertakings from such Debt Financing Source Parties in this Agreement the context of any party hereto or any condition to the obligations of the parties heretocustomary syndication practices.
Appears in 1 contract
Sources: Merger Agreement (Domtar CORP)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law law and the Non-Disclosure Agreement dated as of November 1, 1997 between the Company and Parent (the "Confidentiality Agreements, upon reasonable advance notice from ParentAgreement"), the Company shall (i) provide to Parent (and give Parent’s officers, directors, employees, accountants, consultantsits counsel, financial and legal advisors, agents, financing sources (including potential financing sources) auditors and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable full access during normal business hours to the offices, properties, books and records of any Group Companythe Company and the Subsidiaries, (ii) furnish to Parent and Parent, its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives authorized representatives such financial and operating data and other information as such Persons may reasonably request and (iii) instruct the employees, counsel, financial advisors, auditors and other authorized representatives of the Company and its Subsidiaries to reasonably cooperate with Parent in its investigation of the Company and its Representatives in their investigationSubsidiaries. Notwithstanding the foregoing, any such Any investigation pursuant to this Section shall be conducted in such a manner as not to interfere unreasonably with the conduct of the business or operations of the Company and its Subsidiaries. No information or its Subsidiaries or otherwise result knowledge obtained by Parent in any significant interference with the timely discharge investigation pursuant to this Section shall affect or be deemed to modify any representation or warranty made by the employees of the Company or its Subsidiaries of their dutieshereunder.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the The Company shall use its not be required to permit any inspection or to disclose any information, which in the reasonable best efforts to obtain a waiver from such Third Party)judgment of the Company, (ii) the disclosure of such books, records, documents or other information would result in the loss disclosure of attorney-client any trade secrets of third parties or other legal privilege that could not reasonably be remedied by use violate any obligation of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company with respect to maintain such privilege) or (iii) confidentiality if the disclosure Company shall have used reasonable efforts to obtain the consent of such books, records, documents third party for such inspection or other disclosure. All requests for information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 7.03 shall be directed to an executive officer of the Company or such person as may be designated by any such executive officer. Upon termination of this Agreement, Parent will collect and deliver to the Company all such documents obtained by it or its Representatives shall be subject to the Confidentiality Agreementsrepresentatives then in its possession and any copies thereof.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 1 contract
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon Upon reasonable advance notice from Parentnotice, the Company shall (iand shall cause its Subsidiaries to) provide afford to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) its Representatives reasonable access during normal business hours hours, during the period prior to the officesEffective Time, propertiesto its officers, employees, properties and offices and to all books and records records, in each case to the extent Parent reasonably requests, and, during such period, the Company shall (and shall cause its Subsidiaries to) furnish promptly to Parent and its Representatives, consistent with its legal obligations, all other information concerning its business, properties and personnel as Parent may reasonably request.
(b) The Company shall promptly provide to Parent, as and when available (and in any event within 10 Business Days after each month end), (i) copies of any Group monthly financial statements for the Company and its Subsidiaries, including balance sheet and income statement, certified by the Chief Financial Officer of the Company, which financial statements shall be prepared in accordance with GAAP applied consistently using the accrual method of accounting (except that they need not include footnotes) and shall present fairly in all material respects the financial condition of the Company at the dates of said statements and the results of its operations for the periods covered thereby, (ii) furnish to Parent complete and correct information regarding the aggregate assets under management by the Company and its Representatives Subsidiaries (broken out by product type) as of such existing financial month end, and operating data investment performance and other existing information as such persons may reasonably request in writingclient flows for the month then ended, and (iii) instruct its and its Subsidiaries’ employeessuch other correct information regarding such assets under management as of such month end, legal counselbroken out by category of Client, financial advisorsproduct type, auditors and other Representatives asset class and/or similar types of information, in the case of this clause (iii) to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any extent such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of information already is prepared by the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Lawordinary course.
(c) All Parent shall hold any such information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject that is non-public in confidence to the extent required by, and in accordance with, the provisions of the letter dated October 31, 2009 between the Company and Parent (the “Confidentiality Agreements.
(d) No Agreement”). Any investigation pursuant to this Section 6.03 by the Company or Parent shall not affect any representation the representations and warranties or warranty in this Agreement of any party hereto or any condition the conditions to the obligations of the parties heretoCompany or Parent, as the case may be.
Appears in 1 contract
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon Upon reasonable advance notice from Parentnotice, the Company COMPANY, EXTRA EASE and EWIP shall (i) provide each afford to Parent (and Parent’s the officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) counsel and other authorized representatives of Parent and such the other partiescompany, collectively, “Representatives”) reasonable access during normal business hours to all the offices, respective properties, books books, contracts, commitments and records of any Group Companythe COMPANY, EXTRA EASE and EWIP and, during such period, each of the COMPANY, EXTRA EASE and EWIP shall furnish promptly to the other (iia) furnish to Parent and its Representatives such existing financial and operating data a copy of each report, schedule, registration statement and other existing document of the COMPANY, EXTRA EASE and EWIP and filed or received by it during such period pursuant to the requirements of Federal or state securities laws and (b) all other information concerning its business, properties and personnel as such persons other party may reasonably request request. Unless otherwise required by law, the parties will hold any such information which is nonpublic in writingconfidence until such time as such information otherwise becomes publicly available through no wrongful act of either party, and (iii) instruct its in the event of termination of this Agreement for any reason each party shall promptly return all nonpublic documents obtained from any other party, and its Subsidiaries’ employeesany copies made of such documents, legal counsel, financial advisors, auditors and to such other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their dutiesparty.
(a) Upon reasonable notice, the EXTRA EASE and EWIP shall each afford to the officers, employees, accountants, counsel and other representatives of the other company, access to all the respective properties, books, contracts, commitments and records of the COMPANY and, during such period, each of the COMPANY, EXTRA EASE and EWIP shall furnish promptly to the other (a) a copy of each report, schedule, registration statement and other document of the COMPANY and EWIP and filed or received by it during such period pursuant to the requirements of Federal or state securities laws and (b) Notwithstanding anything to all other information concerning its business, properties and personnel as such other party may reasonably request. Unless otherwise required by law, the contrary parties will hold any such information which is nonpublic in Section 6.03(a)confidence until such time as such information otherwise becomes publicly available through no wrongful act of either party, nothing and in the event of termination of this Agreement for any reason each party shall require the Company or promptly return all nonpublic documents obtained from any of its Subsidiaries to provide Parent or other party, and any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure copies made of such booksdocuments, records, documents or to such other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Lawparty.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 1 contract
Sources: Share Exchange Agreement (China Shoe Holdings, Inc.)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of the date on which this Agreement pursuant to Article VIII and is terminated in accordance with its terms, subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from Parentterms of any existing Contracts, the Company Company, on one hand, and Telecure and Acquireco, together, on the other hand, shall (i) provide to Parent (give each other and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized their respective representatives of Parent and such other parties, collectively, “Representatives”) reasonable access to the books and records and Material Contracts of such Party and their Subsidiaries and to its management personnel during normal business hours and in such a manner as to not unreasonably interfere with the conduct of the business of each respective Party and their Subsidiaries and furnish to the offices, properties, books and records of any Group Company, (ii) furnish to Parent and its Representatives other such existing financial and operating data and other existing information as such persons the other may reasonably request request. Each Party acknowledges that all information provided to it under this Section 5.05 or otherwise pursuant to this Agreement or acquired in writingconnection with the transactions contemplated under this Agreement (“Confidential Information”) is confidential, must be kept confidential and must not be disclosed to any Person at any time or in any manner except:
(iiia) instruct its to any Party or to any of the affiliates of a Party that have a bona fide need to be informed provided that such affiliates are advised by the disclosing Party of the confidential nature of such Confidential Information and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives agree to reasonably cooperate with Parent and its Representatives be subject to confidentiality obligations no less onerous than those contained in their investigationthis Agreement. Notwithstanding Any breaches of the foregoing, any obligations of confidentiality contained in this Agreement by such investigation an affiliate shall be conducted in treated as a breach of such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge obligations by the employees of Party making the Company or its Subsidiaries of their duties.disclosure to the affiliate;
(b) Notwithstanding anything with the prior written consent of the other Party, such consent not to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.unreasonably withheld;
(c) All information to a bank, lender, investor or other financial institution considering the provision of or, which has provided financial accommodation to, a Party or made available pursuant an affiliate of a Party or to a trustee, representative or agent or such a bank, lender, investor or financial institution, in each case who has entered into a confidentiality agreement with the disclosing Party that contains provisions substantially similar to and no less stringent than those contained in this Section 6.03 to Parent and provided that such bank, lender, investor or its Representatives shall be subject to other financial institution is advised by the Confidentiality Agreements.disclosing Party of the confidential nature of such Confidential Information;
(d) No investigation pursuant by a Party to this Section 6.03 shall affect any representation or warranty a Representative, provided that such Representatives have first been made aware that the Confidential Information is confidential and have agreed to maintain the confidentiality of the Confidential Information. Any breaches of the obligations of confidentiality contained in this Agreement by a Representative shall be treated as a breach of such obligations by the Party making the disclosure to the Representative; and
(e) to the extent required by applicable Law or by a lawful requirement of any party hereto Governmental Entity having jurisdiction over the Parties or their affiliates provided that any condition Party that intends to make such required disclosure will (to the obligations extent permitted by applicable Law) provide the other Party with the full written text of the parties heretoproposed required disclosure at least two Business Days before its first disclosure or publication, unless pursuant to applicable Law such required disclosure must be made within a shorter period, in which case the Party intending to make such required disclosure will provide the full written text of the proposed required disclosure to the other Party for as long a period as is practicable in advance of its first disclosure or publication. The Party making such required disclosure will consider in good faith all reasonable amendments to the required disclosure as may be proposed by the other Party and will, to the extent practicable in the circumstances, use its reasonable endeavours to obtain assurances from the Governmental Entity that any such required disclosure will be treated confidentially. The Party making a required disclosure will be solely and entirely responsible for the contents of such required disclosure and will include in the required disclosure a statement as to that Party’s sole and entire responsibility.
Appears in 1 contract
Sources: Arrangement Agreement
Access to Information. (a) From During the date hereof period from the Agreement Date and continuing until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality AgreementsEffective Time, upon reasonable advance notice from Parent, (i) the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of afford Parent and such other parties, collectively, “Representatives”) its Representatives reasonable access during normal business hours to (A) the offices, properties, books personnel, books, Contracts and records of any Group Companythe Company and each of its Subsidiaries and (B) all other information concerning the business, properties and personnel of the Company and each of its Subsidiaries as Parent may reasonably request and (ii) furnish the Company shall provide to Parent and its Representatives such existing financial correct and operating data complete copies of the Company’s and other existing information as such persons may reasonably request in writing, and (iii) instruct its and each of its Subsidiaries’ employees(A) internal financial statements, legal counsel(B) Tax Returns, financial advisorsTax elections and all other records and work papers relating to Taxes, auditors and other Representatives (C) a schedule of any deferred intercompany gain or loss with respect to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not transactions to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require which the Company or any Subsidiary of its Subsidiaries the Company has been a party, and (D) receipts received for any Taxes paid to provide Parent foreign Tax authorities; provided, that the Company may restrict or any of its Representatives with otherwise prohibit access to any books, records, documents or other information to the extent that (i1) any applicable Law requires the Company to restrict or otherwise prohibit access to such documents or information; (2) access to such documents or information would give rise to a material risk of waiving any attorney-client privilege, work product doctrine or other privilege applicable to such documents or information; (4) access would, in light of COVID-19, jeopardize the health and safety of any officer or employee of the Company; or (5) such books, records, documents or other information is subject are reasonably pertinent to any confidentiality agreement with a Third Party (adverse Legal Proceeding between the Company and its Affiliates, on the one hand, and Parent and its Affiliates, on the other hand; provided, further, that at the request Company shall give notice to Parent of Parentthe fact that it is withholding such information or documents and thereafter the Company shall reasonably cooperate with Parent to allow the disclosure of such information (or as much of it as possible) in a manner that would not violate any of clauses (1) through (5).
(b) Subject to compliance with applicable Law, from the Agreement Date until the earlier of the termination of this Agreement and the Closing, the Company shall use its reasonable best efforts confer from time to obtain a waiver from such Third Party), (ii) the disclosure time {N4442029.10} 255288355 v23 as requested by Parent with one or more Representatives of such books, records, documents Parent to discuss any material changes or other information would result developments in the loss operational matters of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) and its Subsidiaries and the disclosure general status of such books, records, documents or other information is prohibited by applicable Lawthe ongoing operations of the Company and its Subsidiaries.
(c) All No information provided or made available pursuant to this Section 6.03 to obtained by Parent or its Representatives shall be subject to during the Confidentiality Agreements.
(d) No pendency of the Merger in any investigation pursuant to this Section 6.03 6.4 shall affect or be deemed to modify any representation representation, warranty, covenant, agreement, obligation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties heretoset forth herein.
Appears in 1 contract
Access to Information. (a) From The Company shall, and shall cause each of its Subsidiaries to, afford to Parent, and to Parent's accountants, counsel, financial advisers and other representatives, reasonable access and permit them to make such inspections as they may reasonably require during normal business hours during the period from the date hereof until the earlier of this Agreement through the Effective Time to all their respective properties, books, contracts, commitments and records and, during such period, the Company shall, and shall cause each of its Subsidiaries to, furnish promptly to Parent (i) a copy of each report, schedule, registration statement and other document filed by it during such period pursuant to the requirements of federal or state laws and (ii) all other information concerning its business, properties and personnel as Parent may reasonably request. In no event shall the Company be requested to supply to Parent, or to Parent's accountants, counsel, financial advisors or other representatives, any information relating to indications of interest from, or discussions with, any other potential acquirors of the Company which were received or conducted prior to the date hereof, except to the extent necessary for use in the Offer Documents, the Schedule 14D-9 and the Proxy Statement. Except as required by law, Parent will hold, and will cause its affiliates, associates and representatives to hold, any nonpublic information in confidence until such time as such information otherwise becomes publicly available and shall use its reasonable best efforts to ensure that such affiliates, associates and representatives do not disclose such information to others without the prior written consent of the Company. In the event of termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreementsfor any reason, upon reasonable advance notice Parent shall promptly destroy all nonpublic documents so obtained from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records of any Group Company, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or and any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure copies made of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by for Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 1 contract
Sources: Tender Offer Statement
Access to Information. (a) From the date hereof until the earlier Each of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law Parent and the Confidentiality AgreementsCompany shall, upon reasonable advance notice from Parentand shall cause its respective subsidiaries, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountantsrepresentatives, consultantsadvisors and agents to, financial afford, from the date hereof to the Effective Time, the officers, employees, representatives, advisors and legal advisorsagents of the other party complete access at all reasonable times to its officers, employees, agents, financing sources (including potential financing sources) properties, books, records and workpapers, and shall furnish each other party all financial, operating and other authorized representatives of information and data as Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records of any Group or Company, (ii) furnish to Parent and through its Representatives such existing financial and operating data and other existing information as such persons officers, employees or agents, may reasonably request in writing, and (iii) instruct its shall promptly furnish to the other monthly operating and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted reports in such a manner form as not to interfere unreasonably with the business Parent or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their dutiesshall reasonably request.
(b) Notwithstanding anything The Company, at least three business days prior to the contrary in Section 6.03(a)Effective Date, nothing in this Agreement shall require deliver to Parent a list setting forth the names and locations of each bank or other financial institution at which the Company has an account (giving the account numbers) or any safe deposit box and the names of its Subsidiaries all persons authorized to provide Parent draw thereon or any have access thereto, and the names of its Representatives with access to any booksall persons, recordsif any, documents now holding powers of attorney or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request comparable delegation of Parent, authority from the Company shall use its reasonable best efforts to obtain and a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Lawsummary statement thereof.
(c) All Each of Parent and the Company shall, and shall cause its respective officers, directors, employees, representatives, advisors and agents to, afford the officers, employees, representatives, advisors and agents of the other party with access to such information provided or made available pursuant to this Section 6.03 to concerning Parent or its Representatives shall the Company as may be subject necessary for each party to ascertain the Confidentiality Agreementsaccuracy and completeness of the information supplied by Parent or the Company.
(d) If this Agreement is terminated, each of the parties hereto shall, and shall cause its officers, employees, representatives, advisors and agents to, destroy or deliver to the other party all confidential documents, work papers and other materials, and all copies thereof, obtained by it or on its behalf from such other party as a result of this Agreement or in connection herewith, whether so obtained before or after the execution and delivery hereof.
(e) Each of the parties hereto and its officers and employees shall not disclose or use any information so obtained, except as required by applicable law or legal process or by any applicable rules or regulations of a national securities exchange or the NASD upon the advice of counsel, without the prior written consent of the other party; PROVIDED that any such information may be disclosed to a party's financial advisors, accountants, counsel and other representatives, as may be appropriate or required in connection with the transactions contemplated hereby, but only if such persons shall be specifically informed by such party of the confidential nature of such information and agree to comply with the restrictions contained herein. The agreements contained in this Section 4.03(e) do not apply to information that (i) is or becomes generally available to the public other than as a result of a disclosure by a receiving party or its representatives, (ii) was known to the receiving party on a non-confidential basis prior to its receipt, (iii) becomes available to a party on a non-confidential basis from a source not bound by any duty of confidentiality to the other party or (iv) is independently developed by a receiving party without reference to any confidential information.
(f) No investigation pursuant to this Section 6.03 4.03 shall affect affect, add to, or subtract from any representation representations or warranty in this Agreement warranties of any party the parties hereto or any condition the conditions to the obligations of the parties heretohereto to effect the Merger.
Appears in 1 contract
Access to Information. (a) Sulliden and its accountants, legal counsel, technical and financial advisors and other representatives thereof shall be entitled to, subject to obtaining any necessary consents of third parties, have reasonable access during normal business hours to all properties, information and records relating to Rio Alto including, but not limited to, all related facilities, buildings, equipment, assets, drill cores, assay results, maps and diagrams, books, contracts, financial statements, forecasts, financial projections, studies, records, operating permits and licences and any other documentation (whether in writing or stored in computerized, electronic, disk, tape, microfilm or any other form) or materials of any nature whatsoever, for the purposes of conducting legal and financial as well as technical due diligence investigations to confirm the accuracy of the representations and warranties set out in this Letter Agreement and the Definitive Agreement (as hereinafter defined).
(b) Rio Alto and its accountants, legal counsel, technical and financial advisors and other representatives thereof shall be entitled to, subject to obtaining any necessary consents of third parties, have reasonable access during normal business hours to all properties, information and records relating to Sulliden including, but not limited to, all related facilities, buildings, equipment, assets, drill cores, assay results, maps and diagrams, books, contracts, financial statements, forecasts, financial projections, studies, records, operating permits and licences and any other documentation (whether in writing or stored in computerized, electronic, disk, tape, microfilm or any other form) or materials of any nature whatsoever, for the purposes of conducting legal and financial as well as technical due diligence investigations to confirm the accuracy of the representations and warranties set out in this Letter Agreement and the Definitive Agreement.
(c) From the date hereof until the earlier of the Effective Time and Closing or termination of this Agreement pursuant to Article VIII and subject to applicable Law and Letter Agreement, each Party shall promptly notify the Confidentiality Agreements, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records Party of any Group Companymaterial change relating to its business, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writingoperations, and (iii) instruct its and its Subsidiaries’ employeesassets or prospects, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, promptly after becoming aware of any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business development or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreementschange.
(d) No Any investigation pursuant made by a Party and its advisors shall not mitigate, diminish or affect the representations made to this Section 6.03 shall affect any representation or warranty such Party by the other Party in this Letter Agreement of any party hereto or any condition to the obligations of the parties heretoDefinitive Agreement, as defined herein.
Appears in 1 contract
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law law and the confidentiality agreement between the Company and Parent (the “Confidentiality Agreements, upon reasonable advance notice from ParentAgreement”), the Company shall (i) provide to Parent (and give Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records of any Group Company, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives authorized representatives reasonable access to the offices, properties (including for the purposes of conducting Phase I environmental site assessments), books and records of the Company, (ii) furnish to Parent, its counsel, financial advisors, auditors and other authorized representatives such financial and operating data and other information as such Persons may reasonably request and (iii) instruct the employees, counsel, financial advisors, auditors and other authorized representatives of the Company to cooperate with Parent and in its Representatives in their investigationinvestigation of the Company. Notwithstanding the foregoing, any such Any investigation pursuant to this Section shall be conducted in such a manner as not to interfere unreasonably with the business or operations conduct of the Company business of the Company. No information or its Subsidiaries or otherwise result knowledge obtained by Parent in any significant interference with the timely discharge investigation pursuant to this Section shall affect or be deemed to modify any representation or warranty made by the employees of the Company or its Subsidiaries of their dutieshereunder.
(b) Notwithstanding anything The Company shall not be required to permit any inspection or to disclose any information, which would result in the contrary in Section 6.03(a), nothing in this Agreement shall require disclosure of any trade secrets of third parties that are the subject of a contract to which the Company is a party or violate any obligation of its Subsidiaries the Company with respect to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, if the Company shall use its have used reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure consent of such books, records, documents third party for such inspection or other disclosure. All requests for information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 7.2 shall be directed to an executive officer of the Company or such person as may be designated by any such executive officer. Upon termination of this Agreement, at the Company’s request, Parent will collect and deliver to the Company all such documents obtained by it or its Representatives shall be subject to the Confidentiality Agreementsrepresentatives then in its possession and any copies thereof.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 1 contract
Access to Information. (a) From During the date hereof period from the Agreement Date and continuing until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality AgreementsClosing, upon reasonable advance notice from Parentto the extent not prohibited by Applicable Law, (i) the Company shall (i) provide to Parent (afford Parent, Merger Sub and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) their respective Representatives reasonable access during normal business hours to (A) the offices, Company’s properties, books personnel, books, Contracts and records and, (B) all other information in the Company’s possession concerning the business, properties and personnel of any Group Companythe Company as Parent or Merger Sub may reasonably request , and (ii) furnish the Company shall provide to Parent, Merger Sub and their Representatives (to the extent readily available) true, correct and complete copies of the Company’s (A) internal financial statements, (B) Tax Returns, Tax elections and, at the request of Parent or Merger Sub, all other records and its Representatives such existing financial workpapers relating to Taxes (including any opinions and operating data and other existing information as such persons may reasonably request in writingwritten advice given to the Company), (C) a schedule of any deferred intercompany gain or loss with respect to transactions to which the Company has been a party and (iiiD) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives receipts for any Taxes paid to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their dutiesforeign Tax Authorities.
(b) Notwithstanding anything Subject to compliance with Applicable Law, from the contrary in Section 6.03(a), nothing in Agreement Date until the earlier of the termination of this Agreement shall require and the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of ParentClosing, the Company shall use its reasonable best efforts confer from time to obtain a waiver from such Third Party), (ii) the disclosure time as reasonably requested by Parent or Merger Sub with one or more Representatives of such books, records, documents Parent or other information would result Merger Sub to discuss any material changes or developments in the loss operational matters of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) and the disclosure general status of such books, records, documents or other information is prohibited by applicable Lawthe ongoing operations of the Company.
(c) All No information provided or made available pursuant to this Section 6.03 to obtained by Parent or its Representatives shall be subject to Merger Sub during the Confidentiality Agreements.
(d) No pendency of the Transactions in any investigation pursuant to this Section 6.03 5.6 shall affect or be deemed to modify, supplement or amend any representation representation, warranty, covenant, agreement, obligation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties heretoset forth herein.
Appears in 1 contract
Sources: Merger Agreement (8x8 Inc /De/)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon Upon reasonable advance notice from Parentnotice, the Company shall (iand shall cause its Subsidiaries to) provide afford to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) its Representatives reasonable access during normal business hours hours, during the period prior to the officesEffective Time, propertiesto all its officers, employees, properties and offices and to all books and records and, during such period, the Company shall (and shall cause its Subsidiaries to) furnish promptly to Parent and its Representatives, consistent with its legal obligations, all other information concerning its business, properties and personnel as Parent may reasonably request; provided, however, that the Company may restrict the foregoing access to the extent that, in the Company's reasonable judgment, (i) providing such access would result in the disclosure of any Group Companytrade secrets of third parties or violate any of its obligations with respect to confidentiality if the Company shall have used all reasonable efforts to obtain the consent of such third party to such access, (ii) furnish any law, treaty, rule or regulation of any Governmental Authority applicable to Parent and the Company requires the Company or its Representatives such existing financial and operating data and other existing Subsidiaries to restrict access to any properties or information as such persons may reasonably request in writing, and or (iii) instruct its and its Subsidiaries’ employeesproviding such access would result in the Company waiving or otherwise losing any privilege with respect to any such information or if such information constitutes attorney work product. Without limiting the foregoing, legal counsel, financial advisors, auditors and other Representatives to reasonably the Company shall cooperate with Parent and its Representatives in all reasonable respects (including without limitation by providing reasonable access to the Company's and its Subsidiaries' records, personnel, Clients and other customers) in connection with, and shall use its reasonable best efforts to assist Parent and its Representatives or, at Parent's option, an independent third party consultant in their investigationefforts following the date of this Agreement to, verify all of the information regarding Clients and other customers described in Section 3.l(aa)(vi) of this Agreement (and the other statements set forth in such section), including without limitation if requested by Parent by requesting confirmation of such information and statements from Clients and other customers, provided that the Company shall have the right to participate jointly in any communications by Parent or its Representatives with Clients except to the extent it may otherwise agree in writing. Notwithstanding In addition and without limiting the foregoing, (a) the Company shall promptly advise Parent of any Client-related or other operational (e.g., trade settlement) matters involving material risks to the Company and its Subsidiaries as an economic, liability or public relations matter (e.g., any such investigation matters discussed at the Company's risk management meetings), and shall provide Parent such other risk management information as Parent may reasonably request, (b) the Company shall promptly notify Parent of any negative change of more than 15% from the levels set forth in the Company's balance sheet as of March 31, 2003 in excess capital, (c) the Company shall promptly notify Parent if it becomes aware of any material changes in the credit quality or other financial status of Clients that would reasonably be expected to present material economic, liability or public relations risks to the Company, or in the event of any material disputes with Clients involving material fees or other payments to the Company or its Subsidiaries, and (d) the Company shall promptly provide to Parent, as and when available, copies of (i) monthly financial statements for the Company and its Subsidiaries, including balance sheet and income statement, (ii) the Company's Management Information Systems reports with respect to operations and middle office and (iii) subject to the proviso in the first sentence of the preceding paragraph, all monthly FOCUS reports received by the Company or any of its Subsidiaries. The Company further acknowledges and agrees that prior to the Closing Date, Parent's risk management team will complete a review of all margin lending activities conducted by the Company and its Subsidiaries, and the Company agrees to reasonably cooperate in such a manner efforts. Parent shall hold any such information that is non-public in confidence to the extent required by, and in accordance with, the provisions of the letter dated April 22, 2003, as amended, between the Company and Parent and the letter dated July 7, 2003 between Parent and the Company (collectively, the "Confidentiality Agreements"). Any investigation by the Company or Parent shall not affect the representations and warranties or the conditions to interfere unreasonably with the business or operations obligations of the Company or its Subsidiaries or otherwise result in any significant interference with Parent, as the timely discharge by the employees of the Company or its Subsidiaries of their dutiescase may be.
(b) Notwithstanding anything herein to the contrary in Section 6.03(a)contrary, nothing in any party to this Agreement shall require the Company (and any employee, representative, or other agent of any of its Subsidiaries party to provide Parent or any of its Representatives with access this Agreement) may disclose to any books45 and all persons, recordswithout limitation of any kind, documents the U.S. federal income tax treatment and tax structure of the transactions contemplated by this Agreement (the "Transactions") and all materials of any kind (including opinions or other tax analyses) that are provided to it relating to such tax treatment and tax structure; provided, however, that neither party (nor any employee, representative or other agent thereof) shall disclose any information (a) that is not relevant to an understanding of the U.S. federal income tax treatment or tax structure of the Transactions, including the identity of any party to this Agreement (or its employees, representatives, or other agents) or other information that could lead any person to determine such identity, (b) to the extent that such disclosure could result in a violation of any federal or state securities laws or (c) until the earliest of (i) such books, records, documents or other information is subject the date of the public announcement of discussions relating to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party)Transactions, (ii) the disclosure date of such books, records, documents or other information would result in the loss public announcement of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or Transactions and (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations date of the parties heretoexecution of an agreement to enter into the Transactions.
Appears in 1 contract
Access to Information. (a) From During the date hereof until Pre-Closing Period, the earlier of Company shall, and shall cause the Effective Time Company Subsidiaries to, (i) afford Parent, Buyer and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon their Representatives reasonable access on reasonable advance notice from Parent, and in a manner not unreasonably disruptive to the operations of the business of the Company shall (i) provide to Parent (and Parent’s officersthe Company Subsidiaries, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours hours, to the officesofficers, propertiessenior employees, Representatives, auditors, and properties and the books and records of any Group Companythe Company and the Company Subsidiaries, and (ii) use reasonable best efforts to promptly furnish or cause to Parent be furnished (including in electronic form) books, records and its Representatives such existing financial other financial, operating and operating other data and other existing information as such persons Parent or Buyer may reasonably request in writingwriting (including, and (iii) instruct its and its Subsidiaries’ employeeswithout limitation, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigationthe information set forth on Schedule 5.07(a)). Notwithstanding the foregoing, the Company shall not be obligated to disclose any information (A) of a Third Party that is subject to the terms of a confidentiality agreement with such investigation shall be conducted in third party entered into prior to the date of this Agreement (if the Company has used commercially reasonable efforts to obtain permission or consent of such a manner as not third party to interfere unreasonably with the business such disclosure), (B) if providing such access or operations disclosing such information would violate any applicable Law (including antitrust and Privacy Laws) or legal duty of the Company or its Subsidiaries any Company Subsidiary or otherwise result (C) that would, in any significant interference with the timely discharge by the employees reasonable judgment of the Company or (following consultation with its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(aoutside legal counsel), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client privilege with respect to such information or would constitute a waiver of any other legal privilege that could not reasonably be remedied or trade secret protection held by use of common interest agreements the Company or other arrangements to maintain such privilege (any Company Subsidiary; provided, that if such an agreement or arrangement can be used to maintain such privilegethat, the applicable parties shall, if requested by Parent, enter into Company shall use commercially reasonable efforts to utilize or develop an alternative manner of providing such agreement or other arrangement as information in each case of the foregoing clauses (A)-(C) that addresses such matters and is reasonably acceptable to the other Parties. The Company shall be entitled to maintain such privilegehave Representatives (at the Company’s expense) present at all times during any inspection by ▇▇▇▇▇▇, Buyer or their Representatives pursuant to this Section 5.07(a). No notice, access or review or investigation pursuant to this Section 5.07(a) or information provided, made available or delivered to Parent, Buyer or their Representatives pursuant to this Section 5.07(a) shall be deemed to modify or supplement any representations or warranties of the Company or of Parent or Buyer contained in this Agreement.
(iiib) All information and materials provided pursuant to this Agreement shall be subject to the disclosure provisions of such booksthe confidentiality agreement dated as of August 22, records2024, documents and amended as of December 20, 2024, by and between the Company and Parent (the “Confidentiality Agreement”). The Confidentiality Agreement shall remain in full force and effect pursuant to the terms thereof notwithstanding the execution and delivery of this Agreement or other information is prohibited by applicable Lawthe termination hereof.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty Nothing contained in this Agreement of any party hereto is intended to give Parent or Buyer, directly or indirectly, rights to control the Company or any condition to Company Subsidiary before the obligations of the parties heretoClosing.
Appears in 1 contract
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon Upon reasonable advance notice from Parentnotice, the Company shall (iand shall cause its Subsidiaries to) provide afford to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) its Representatives reasonable access during normal business hours hours, during the period prior to the officesEffective Time, propertiesto all its officers, employees, properties and offices and to all books and records and, during such period, the Company shall (and shall cause its Subsidiaries to) furnish promptly to Parent and its Representatives, consistent with its legal obligations, all other information concerning its business, properties and personnel as Parent may reasonably request; provided, however, that the Company may restrict the foregoing access to the extent that, in the Company's reasonable judgment, (i) providing such access would result in the disclosure of any Group Companytrade secrets of third parties or violate any of its obligations with respect to confidentiality if the Company shall have used all reasonable efforts to obtain the consent of such third party to such access, (ii) furnish any law, treaty, rule or regulation of any Governmental Authority applicable to Parent and the Company requires the Company or its Representatives such existing financial and operating data and other existing Subsidiaries to restrict access to any properties or information as such persons may reasonably request in writing, and or (iii) instruct its and its Subsidiaries’ employeesproviding such access would result in the Company waiving or otherwise losing any privilege with respect to any such information or if such information constitutes attorney work product. Without limiting the foregoing, legal counsel, financial advisors, auditors and other Representatives to reasonably the Company shall cooperate with Parent and its Representatives in all reasonable respects (including without limitation by providing reasonable access to the Company's and its Subsidiaries' records, personnel, Clients and other customers) in connection with, and shall use its reasonable best efforts to assist Parent and its Representatives or, at Parent's option, an independent third party consultant in their investigationefforts following the date of this Agreement to, verify all of the information regarding Clients and other customers described in Section 3.l(aa)(vi) of this Agreement (and the other statements set forth in such section), including without limitation if requested by Parent by requesting confirmation of such information and statements from Clients and other customers, provided that the Company shall have the right to participate jointly in any communications by Parent or its Representatives with Clients except to the extent it may otherwise agree in writing. Notwithstanding In addition and without limiting the foregoing, (a) the Company shall promptly advise Parent of any Client-related or other operational (e.g., trade settlement) matters involving material risks to the Company and its Subsidiaries as an economic, liability or public relations matter (e.g., any such investigation matters discussed at the Company's risk management meetings), and shall provide Parent such other risk management information as Parent may reasonably request, (b) the Company shall promptly notify Parent of any negative change of more than 15% from the levels set forth in the Company's balance sheet as of March 31, 2003 in excess capital, (c) the Company shall promptly notify Parent if it becomes aware of any material changes in the credit quality or other financial status of Clients that would reasonably be expected to present material economic, liability or public relations risks to the Company, or in the event of any material disputes with Clients involving material fees or other payments to the Company or its Subsidiaries, and (d) the Company shall promptly provide to Parent, as and when available, copies of (i) monthly financial statements for the Company and its Subsidiaries, including balance sheet and income statement, (ii) the Company's Management Information Systems reports with respect to operations and middle office and (iii) subject to the proviso in the first sentence of the preceding paragraph, all monthly FOCUS reports received by the Company or any of its Subsidiaries. The Company further acknowledges and agrees that prior to the Closing Date, Parent's risk management team will complete a review of all margin lending activities conducted by the Company and its Subsidiaries, and the Company agrees to reasonably cooperate in such a manner efforts. Parent shall hold any such information that is non-public in confidence to the extent required by, and in accordance with, the provisions of the letter dated April 22, 2003, as amended, between the Company and Parent and the letter dated July 7, 2003 between Parent and the Company (collectively, the "Confidentiality Agreements"). Any investigation by the Company or Parent shall not affect the representations and warranties or the conditions to interfere unreasonably with the business or operations obligations of the Company or its Subsidiaries or otherwise result in any significant interference with Parent, as the timely discharge by the employees of the Company or its Subsidiaries of their dutiescase may be.
(b) Notwithstanding anything herein to the contrary in Section 6.03(a)contrary, nothing in any party to this Agreement shall require the Company (and any employee, representative, or other agent of any of its Subsidiaries party to provide Parent or any of its Representatives with access this Agreement) may disclose to any booksand all persons, recordswithout limitation of any kind, documents the U.S. federal income tax treatment and tax structure of the transactions contemplated by this Agreement (the "Transactions") and all materials of any kind (including opinions or other tax analyses) that are provided to it relating to such tax treatment and tax structure; provided, however, that neither party (nor any employee, representative or other agent thereof) shall disclose any information (a) that is not relevant to an understanding of the U.S. federal income tax treatment or tax structure of the Transactions, including the identity of any party to this Agreement (or its employees, representatives, or other agents) or other information that could lead any person to determine such identity, (b) to the extent that such disclosure could result in a violation of any federal or state securities laws or (c) until the earliest of (i) such books, records, documents or other information is subject the date of the public announcement of discussions relating to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party)Transactions, (ii) the disclosure date of such books, records, documents or other information would result in the loss public announcement of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or Transactions and (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations date of the parties heretoexecution of an agreement to enter into the Transactions.
Appears in 1 contract
Access to Information. (a) From Subject to Applicable Law, from the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and until the Confidentiality AgreementsEffective Time, upon reasonable advance notice from Parentand during normal business hours, the Company shall and shall cause each other Acquired Company to (ia) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of give Parent and such other parties, collectively, “Representatives”) its Representatives reasonable access during normal business hours to the offices, properties, books and records of any Group Companythe Acquired Companies, (iib) furnish to Parent and its Representatives such existing financial and operating data and other existing information relating to the Acquired Companies as such persons Persons may reasonably request and (c) instruct the Representatives of the Acquired Companies to cooperate with Parent in writingits investigation of the Acquired Companies; provided, and however, that the Acquired Companies shall not be required to provide access to any information or documents which would, in the reasonable judgment of the Company (after consultation with outside legal counsel), (i) breach any agreement with any Person to which the Acquired Companies are party or otherwise bound, (ii) constitute a waiver of the attorney-client or other privilege held by any of the Acquired Companies, or (iii) instruct its otherwise violate any Applicable Law (it being agreed that the Company shall give notice to Parent of the fact that it is withholding such information or documents pursuant to clauses (i) through (iii) above and its Subsidiaries’ employees, legal counsel, financial advisors, auditors thereafter the Company and other Representatives to Parent shall reasonably cooperate with Parent and its Representatives (including by entering into a joint defense or similar agreement) to cause such information to be provided in their investigationa manner that would not reasonably be expected to waive the applicable privilege or protection or violate the applicable restriction). Notwithstanding the foregoing, any such Any investigation pursuant to this Section 6.04 shall be conducted in such a manner as not to interfere unreasonably with the business or operations conduct of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees business of the Company or its Subsidiaries of their duties.
(b) Acquired Companies. Notwithstanding anything to the contrary in Section 6.03(a)foregoing, nothing in this Agreement Parent shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with not have access to any books, personnel records of the Acquired Companies relating to individual performance or evaluation records, documents medical histories or other information to the extent that (i) such booksinformation, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information which would result in the loss violation of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 1 contract
Access to Information. (a) From the date hereof until the earlier of to the Effective Time and termination of this Agreement pursuant to Article VIII and Time, but subject to applicable Law confidentiality agreements creating obligations to others and excluding information provided to the Company Board with respect to this Agreement and the Confidentiality Agreements, upon reasonable advance notice from Parenttransactions contemplated hereby, the Company shall, shall (i) provide to Parent (and Parent’s cause its subsidiaries, officers, directorsdirectors and employees to, and shall use its reasonable best efforts to cause its auditors and other agents to, afford the officers, employees, accountantsauditors and other agents of the Parent, consultants, financial and legal advisors, agents, financing sources (including potential representatives of and advisors to financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the officesits officers, employees, agents, properties, books offices, plants and other facilities and to all books, records (including, without limitation, Tax returns and work papers of any Group the Company's independent auditors) and contracts, (ii) and shall furnish the Parent and such financing sources with all financial, operating and other data and information as the Parent, through its officers, employees or agents, or such financing sources may from time to time reasonably request. The Company will promptly furnish to the Parent, at the Parent's expense and subject to the Confidentiality Agreement, a copy of each material document filed or received by it pursuant to the Federal, state, local, and foreign securities laws or Tax laws or any Environmental Laws, and of such other documents as the Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigationrequest. Notwithstanding termination of this Agreement, the foregoing, any such investigation terms of the Confidentiality Agreement shall be conducted in such a manner as not apply to interfere unreasonably with the business or operations of all information that is furnished under this Agreement by the Company or its Subsidiaries agents to the Parent, the Purchaser or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding agent thereof. In addition, notwithstanding anything to the contrary in this Section 6.03(a), nothing 6.2 or elsewhere in this Agreement Agreement, neither the Company nor any of its subsidiaries, officers, directors, employees, auditors, agents, representative or advisors shall require have any obligation to provide to the Parent or the Purchaser or any of their representatives or advisors any information (i) regarding litigation or other legal proceedings between the Company or any of its Subsidiaries to provide Parent subsidiaries, on the one hand, and the Parent, the Purchaser or any of its Representatives with access to any bookstheir affiliates, records, documents on the other hand or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) regarding the disclosure matters set forth in Section 6.2 of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable LawDisclosure Letter.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 1 contract
Access to Information. (a) From and after the date hereof until Closing for a period of six (6) years following the earlier of Closing Date, the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law Seller, on the one hand, and the Confidentiality AgreementsBuyer, on the other hand, shall each afford the other and its accountants, counsel, financing sources and other designated Representatives reasonable access upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources duplicating rights (including potential financing sourcesthe right to make and keep paper and electronic copies) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to all records, agreements, documents, files, books, Contracts, instruments, computer data and other data and information in its possession relating to the officesbusiness and affairs of the other or its Subsidiaries (including, propertieswith respect to the Buyer, books the Acquired Companies), insofar as such access is reasonably required by the other Party, including for audit, accounting and records litigation purposes. In addition, promptly upon a request from the Seller at any time from and after the Closing (which request shall not be made more than once during any calendar quarter), the Buyer shall, and/or shall cause its Affiliates to, deliver a certificate stating whether, as of the date of such certificate, any Group Companyreal property lease in respect of which a Seller Guarantee remains in effect is in full force and effect. Nothing herein shall require any Party or its respective Subsidiaries to disclose information to the extent such disclosure (i) would result in a waiver of attorney-client privilege, work product doctrine or similar privilege, or (ii) furnish to Parent and its Representatives would violate any applicable Law or any confidentiality obligation of such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company Party or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their dutiesrespective Subsidiaries.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company Any information owned by one Party or any of its Subsidiaries that is provided to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third requesting Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent Article VII or its Representatives Article IX shall be subject deemed to remain the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty property of the providing Party. Unless specifically set forth herein, nothing contained in this Agreement shall be construed as granting or conferring rights of license or otherwise in any party hereto or any condition to the obligations of the parties heretosuch information.
Appears in 1 contract
Sources: Stock Purchase Agreement (Fifth & Pacific Companies, Inc.)
Access to Information. (a) From the date hereof of this Agreement until the earlier of the Effective Time and valid termination of this Agreement pursuant to Article VIII or the Effective Time and subject to applicable Law (including COVID-19 Actions) and the Confidentiality Agreements, upon reasonable advance notice from ParentAgreement, the Company shall during normal business hours and upon reasonable prior written notice, and solely for purposes of furthering the Merger or integration planning relating thereto, (ia) provide give to Parent (and Parent’s officers, directors, employees, accountants, consultantsits counsel, financial and legal advisors, agents, financing sources (including potential financing sources) auditors and other authorized representatives of Parent and such other parties, collectively, “Representatives”) Representatives reasonable access during normal business hours to the officers, employees, offices, properties, Contracts, books and records of any Group Company, (ii) furnish to Parent the Company and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, Subsidiaries and (iiib) instruct its and its Subsidiaries’ their employees, legal counsel, financial advisors, auditors and other authorized Representatives to reasonably cooperate with Parent in such access; provided, however, that (i) the foregoing shall not require the Company or any of its Subsidiaries to permit access to (A) any information that would give rise to the waiver of any attorney-client privilege or other privilege or trade secret protection or the work product doctrine (provided that the Company shall use reasonable efforts to provide any such information pursuant to a common interest agreement or in any other alternative fashion that would not reasonably be expected to result in the waiver of any applicable protection or privilege), (B) any information that in the good faith reasonable opinion of the Company would violate any Law, (C) such documents or information that are reasonably pertinent to any pending litigation, suit, action or proceeding between the Company and its Representatives in their investigation. Notwithstanding Affiliates, on the one hand, and Parent and its Affiliates, on the other hand (provided that the foregoing clause shall not restrict any Person’s rights to seek discovery pursuant to Law), (D) subject to, and without limiting, the requirements of Section 6.03 and Section 8.02, any information related to the negotiation and execution of this Agreement or to transactions potentially competing with or alternative to the Transactions or proposals from other third parties relating to any competing or alternative transactions (including Acquisition Proposals) and the actions of the board of directors of the Company (or any committee thereof) with respect to any of the foregoing, whether prior to or after execution of this Agreement, or (E) subject to, and without limiting, the requirements of Section 6.03, any information related to an Adverse Recommendation Change or the actions of the board of directors of the Company (or any committee thereof) with respect thereto, (ii) any such investigation shall be conducted under reasonable supervision of appropriate personnel of the Company and in such a manner as not to unreasonably interfere unreasonably with the normal business or operations of the Company or its Subsidiaries or otherwise result in any significant interference unreasonable burden with respect to the prompt and timely discharge by the employees of the Company or its Subsidiaries of their dutiesnormal duties and Parent shall use its commercially reasonable efforts to minimize to the extent reasonably practicable any disruption to the businesses of the Company that may result from any such requests for access and (iii) any access to the properties of the Company and its Subsidiaries will be subject to the Company’s reasonable security measures, policies and insurance requirements and will not include the right to sample soil, sediment, groundwater, surface water, air or building materials or conduct any other intrusive environmental sampling or testing. For the avoidance of doubt, nothing in this Section 6.04 will be construed to require the Company, any of its Subsidiaries or any of their respective Representatives to prepare any reports, analyses, appraisals, opinions or other information that create an unreasonable burden on the employees of the Company or its Subsidiaries. In addition, the Company, its Subsidiaries and Parent shall cooperate in good faith to arrange for, as reasonably agreed by Parent and the Company, communication strategies for, and joint meetings of the Company and Parent with, the Company’s customers, suppliers, and employees; provided, that such meetings do not unreasonably interfere with the operations of the Company and its Subsidiaries and comply with Law. The Company may, as it deems advisable and necessary, reasonably designate commercially sensitive material provided to the other as “Outside Counsel Only Material” or with similar restrictions, and such materials and the information contained therein shall be given only to the outside counsel of the recipient, or otherwise as the restriction indicates, and be subject to any additional confidentiality or joint defense agreement between the parties. Notwithstanding anything to the contrary herein, with the consent of Parent (which shall not be unreasonably withheld), the Company may satisfy its obligations set forth above by electronic means if physical access is not reasonably feasible or would not be permitted under Law (including as a result of any COVID-19 Actions).
(b) Notwithstanding anything From the date of this Agreement until the earlier of the valid termination of this Agreement or the Effective Time, the Company shall, upon Parent’s reasonable request, provide Parent with (i) quarterly financial reporting (including, without limitation, any management accounts) promptly following the delivery of such quarterly financial reporting to the contrary in Section 6.03(a)board of directors of the Company and (ii) any information reasonably requested by Parent regarding the status of any litigation or other Action commenced or, nothing in this Agreement shall require to the Company’s knowledge, threatened to be commenced against the Company or any of its Subsidiaries to provide Parent related thereto.
(c) From the date of this Agreement until the earlier of the valid termination of this Agreement or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of ParentEffective Time, the Company shall use its reasonable best efforts to obtain provide Parent advance notice and a waiver from such Third Party)draft copy of, (ii) to the disclosure of such booksextent reasonably possible, recordsprior to filing with or furnishing to the SEC, documents any reports, schedules, forms, statements, prospectuses, registration statements or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Lawdocuments.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 1 contract
Sources: Merger Agreement (CVS HEALTH Corp)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records of the Company or any Group Companyof its Subsidiaries, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, writing and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(aSection 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, Party; provided that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 1 contract
Sources: Merger Agreement (Shanda Games LTD)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from Parent, the Company shall (i) provide to Parent (and Parent’s the officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, (collectively, “Representatives”) of Parent reasonable access during normal business hours to the offices, properties, books and records of the Company or any Group Companyof its Subsidiaries, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, writing and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, the Company shall not be required to (A) furnish, or provide any access to, any information to any person not a party to, or otherwise covered by, the Confidentiality Agreements or any similar agreement with respect to such investigation shall be conducted in such a manner as not to information, (B) take or allow actions that would unreasonably interfere unreasonably with the Company’s or any of its Subsidiaries’ operation of its business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their dutiesduties or (C) provide access to or furnish any information if doing so would violate any agreement with any Third Party or any applicable Law, or where such access to information may involve the waiver of any client attorney privilege; provided that the Company shall take all commercially reasonable steps to provide access to or furnish any information on a basis that does not waive such privilege with respect thereto.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(ca) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(db) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 1 contract
Sources: Merger Agreement (China Mobile Games & Entertainment Group LTD)
Access to Information. (a) From the date hereof until the earlier of Effective Time, subject to Applicable Law and other than any such matters that relate to the Effective Time negotiation and termination execution of this Agreement pursuant (including matters that relate to Article VIII any Acquisition Proposal or Superior Proposal), in each case, solely for purposes of consummating the Merger (including for integration planning), the Company shall, and subject to applicable Law shall cause each of its Subsidiaries to, (i) give Parent and the Confidentiality Agreementsits Representatives, upon reasonable advance notice from Parentnotice, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, assets, Contracts, books and records and personnel (including employees and agents) of any Group Companythe Company and its Subsidiaries, (ii) promptly furnish or otherwise make available to Parent and its Representatives such existing financial and operating data and other existing information (including, for the avoidance of doubt, the work papers of the Company’s auditors to the extent Parent has executed a release in a form reasonably satisfactory to the Company’s auditors) as such persons Persons may reasonably request request, including in writingconnection with the preparation of any filings contemplated by this Agreement, and (iii) instruct its Representatives to cooperate reasonably with Parent in its investigation of the Company and its Subsidiaries’ employeesSubsidiaries (provided that the Company’s investment bankers, attorneys, accountants and other advisors will not be required to furnish to Parent or its Representatives any of their internal documents or materials); provided that, in each case, such access may be limited to the extent that such access would jeopardize the health and safety of any of its Representatives; provided, further, that the Company may, in its reasonable discretion and after consulting with Parent, designate any competitively sensitive material as “Outside Counsel Only Material” such that such materials and the information contained therein shall be furnished only to the outside counsel of Parent (and, as applicable, independent accountants of Parent) and will not be disclosed to any other Persons unless express permission is obtained in advance from the Company or its legal counsel, financial advisors, auditors and other Representatives . The Company shall have the right to reasonably cooperate with Parent and have its Representatives present in their investigation. Notwithstanding the foregoingany investigation pursuant to this Section 6.03, any and such investigation shall be conducted in such a manner as not to interfere unreasonably with the conduct of the business or operations of the Company and its Subsidiaries. Nothing in this Section 6.03 shall require the Company to provide any access, or to disclose any information to the extent that the Company reasonably determines in good faith that providing such access or disclosing such information would (A) violate any Applicable Law (including Competition Laws and privacy laws) or binding agreement entered into prior to the date of this Agreement or (B) disclose information protected by attorney-client privilege to the extent such privilege cannot be protected by the Company through exercise of its reasonable best efforts; provided that, in the case of clauses (A) and (B), the Company shall, and shall cause its Subsidiaries to, use reasonable best efforts to allow for such access or otherwise result disclosure (or as much of it as possible) in a manner that would not violate any significant interference with such Applicable Law or jeopardize the timely discharge by the employees protection of the Company or its Subsidiaries of their dutiesattorney-client privilege.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided exchanged or made available otherwise received pursuant to this Section 6.03 to Parent or its Representatives shall Section 6.03(a) will be subject to that certain Non-Disclosure Agreement, dated as of September 9, 2025, between the RIA Subsidiary and Parent (the “Confidentiality Agreements.
(d) Agreement”). No information or knowledge obtained in any investigation pursuant to this Section 6.03 shall affect or limit or be deemed to modify any representation or warranty made by any party hereunder or any rights or remedies available to any party under this Agreement. The parties agree that from the date hereof, notwithstanding the terms of the Confidentiality Agreement, the “Representatives” (as defined in this the Confidentiality Agreement) shall include any financing sources providing, arranging or underwriting the Debt Financing and any lenders under the Parent Credit Agreement without the need to receive Seller’s prior written consent or to provide to Seller any prior written notice; provided that, except with the prior written consent of the Company, Parent agrees neither it nor any of its Affiliates or Representatives (with respect to Representatives, acting on Parent’s behalf) will enter into, directly or indirectly, any agreement, arrangement or understanding with any Person that would reasonably be likely to restrict the ability of any party hereto Person to provide financing (debt, equity or any condition to other) for a possible transaction involving the obligations of the parties heretoCompany.
Appears in 1 contract
Sources: Merger Agreement (Diamond Hill Investment Group Inc)
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from Parent, the The Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the offices, properties, books and records of any Group Company, (ii) furnish to will allow Parent and its Representatives such existing financial access at reasonable times to the files, books, records, technology, Contracts, personnel and operating data offices of each Acquired Company, including any and other existing all information as such persons may reasonably request in writingrelating to each Acquired Company’s Taxes, and (iii) instruct its and its Subsidiaries’ employeesContracts, legal counselLiabilities, financial advisorscondition and real, auditors personal and other Representatives intangible property, subject to reasonably cooperate with Parent and its Representatives the terms of the Confidentiality Agreement; provided that in their investigation. Notwithstanding the foregoingexercising access rights under this Section 5.9, any such investigation access shall be conducted at Parent’s expense during normal business hours, under the supervision of the Company’s personnel and in such a manner as to not to unreasonably interfere unreasonably with the business or normal operations of the such Acquired Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees conduct of the business of such Acquired Company or its Subsidiaries (to the extent possible under the circumstances) and shall provide such Acquired Company with reasonable advance notice prior to accessing any of their duties.
(b) the foregoing. Notwithstanding anything to the contrary in Section 6.03(a)this Agreement, nothing in this Agreement no Acquired Company shall require the Company or any of its Subsidiaries be required to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that Parent or its Representatives if (ia) such books, records, documents or other information is subject to access would jeopardize any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements privilege; (b) such access would contravene any Applicable Law, fiduciary duty or other arrangements to maintain such privilege (provided, that if such an binding agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter entered into such agreement or other arrangement as is reasonably acceptable prior to the Company to maintain such privilege) date hereof; or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All the information to be accessed is pertinent to any litigation in which such Acquired Company or any of its Affiliates, on the one hand, and Parent or any of its Affiliates, on the other hand, are adverse parties; provided that the Company and Parent will use reasonable best efforts to develop alternative means by which to provide such information to Parent. No information or made available knowledge obtained by Parent during the Pre-Closing Period pursuant to this Section 6.03 5.9 will affect or be deemed to Parent modify any representation, warranty, covenant, condition or its Representatives shall be subject to the Confidentiality Agreementsobligation under this Agreement.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 1 contract
Access to Information. (a) From During the period from the date hereof until of this Agreement to the earlier of the Effective Time and termination of this Agreement pursuant to in accordance with Article VIII and subject to applicable Law and X or the Confidentiality AgreementsClosing Date, upon reasonable advance notice from Parentprior notice, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other partiesthe Seller shall, collectivelyand shall cause the Company to, “Representatives”) afford the Purchaser and its authorized Representatives reasonable access during normal business hours to (i) the offices, properties, books personnel of the Company and records of any Group Company, (ii) furnish books, records or Contracts to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writingthe extent relating to the Company; provided, and (iii) instruct its and its Subsidiaries’ employeeshowever, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, that any such investigation access or furnishing of information shall be conducted at the Purchaser’s expense without reimbursement from the Parent, the Seller, the Company or their respective Affiliates, under the supervision of the Company’s personnel and in such a manner as to not to unreasonably interfere unreasonably with the business or normal operations of the Company. For the avoidance of doubt, any information furnished or made available by the Parent, the Seller or the Company or its Subsidiaries or otherwise result to the Purchaser pursuant to this Section 5.9 shall be treated as Confidential Information (as defined in any significant interference the Confidentiality Agreement, dated as of October 22, 2018, by and between the Seller and the Purchaser (the “Confidentiality Agreement”)) and shall be treated in accordance with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Confidentiality Agreement. Notwithstanding anything to the contrary in Section 6.03(a)this Agreement, nothing in this Agreement shall require the Parent, the Seller and the Company or shall not be required to disclose any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that Purchaser or its Representatives if such disclosure would (ix) such books, records, documents or other information is subject to jeopardize any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the or (y) contravene any applicable parties shall, if requested by Parent, enter Laws (including applicable privacy or data protection Laws) or binding agreement entered into such agreement or other arrangement as is reasonably acceptable prior to the date hereof, and Seller may withhold any information otherwise included in any income Tax Return or related work papers concerning the Company or the Parent that relates to maintain such privilege) or (iii) the disclosure of such books, records, documents or any other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations Affiliate of the parties heretoSeller (other than a predecessor of the Company or Parent).
Appears in 1 contract
Access to Information. (a) From the date hereof until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality AgreementsSection 6.18, upon reasonable advance notice in writing from Parent, the Company shall (i) provide to Parent (and Parent’s officers, directors, employees, members, accountants, consultants, financial and legal advisors, agents, financing sources (including potential financing sources) and other authorized representatives of Parent and such other partiesParent, collectively, “Representatives”) reasonable access during normal business hours and upon reasonable prior notice, to the offices, properties, books and records of any Group Company, (ii) furnish to Parent and its Representatives such existing financial and operating data and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide give access to or disclose any information to Parent or any of its Representatives with if such access to any books, records, documents or other information to the extent that disclosure would (i) such booksviolate any Contract entered into prior to the date of this Agreement, records, documents applicable Law or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party)Order, (ii) the disclosure of such books, records, documents or other information would result in the loss of jeopardize any attorney-client privilege, work product doctrine or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such applicable privilege, (iii) give a Third Party the applicable parties shallright to terminate or accelerate the rights under a Contract entered into prior to the date of this Agreement, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable (iv) cause significant competitive harm to the Company to maintain such privilege) or (iii) its Subsidiaries if the disclosure of such books, records, documents or other information is prohibited transactions contemplated by applicable Lawthis Agreement are not consummated.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality AgreementsSection 6.18.
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 1 contract
Sources: Merger Agreement (China Zenix Auto International LTD)
Access to Information. (ai) From Subject to applicable law and to the date hereof until the earlier terms and conditions of the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality Agreements, upon reasonable advance notice from ParentNon-Disclosure Agreement, the Company and its Subsidiaries shall (i) provide afford to Parent (and Parent’s officers's employees, directors, employeesofficers, accountants, consultantscounsel, financial and legal advisors, agents, financing sources (including potential financing sources) advisors and other authorized representatives of (the "Parent and such other parties, collectively, “Representatives”") reasonable access during normal business hours and at other times with reasonable notice throughout the period before the Effective Time (including for the purpose of conducting any environmental investigations or audits that Parent reasonably determine are necessary) to all of the Company's properties, books, contracts, commitments, records and employees and, during such period, shall furnish promptly to Parent or the Parent Representatives (i) a copy of each report, schedule and other document filed by the Company pursuant to the offices, properties, books and records requirements of any Group Companyfederal or state securities laws, (ii) furnish to such other information concerning the Company's business, properties and personnel as Parent and its Representatives such existing financial and operating data and other existing information as such persons may shall reasonably request in writingrequest, and (iii) instruct its permit Parent to make such inspections as it may require (and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably the Company shall cooperate with in any inspections, including, without limitation, environmental diligence); provided, that all requests for access shall be directed to Stephen C. Donnelly or such other person as the Company ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇ ▇riting from time to time. Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation subsidiaries shall be conducted in such a manner as not to interfere unreasonably with the business or operations of the Company or its Subsidiaries or otherwise result in any significant interference with the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a), nothing in this Agreement shall require the Company or any of its Subsidiaries to provide Parent or any of its Representatives with access to any books, records, documents or other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company hold and shall use its reasonable best efforts to obtain a waiver from such Third Party), cause the Parent Representatives to hold in strict confidence all nonpublic documents and information furnished to Parent and any Parent Representative in connection with the transactions contemplated by this Agreement in accordance and subject to the Non-Disclosure Agreement.
(ii) the disclosure of such booksIf this Agreement is terminated, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties Parent shall, if requested by Parentupon the written request of the Company, enter into such agreement or other arrangement as is reasonably acceptable promptly return to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information destroy all nonpublic written material provided or made available pursuant to this Section 6.03 to 6.3(b) and shall not retain any copies, extracts or other reproductions in whole or in part of such written material. In such event all documents, memoranda, notes and other writings (including all electronic versions thereof) prepared by Parent or its Representatives based on the information in such material shall be subject destroyed (and Parent shall cause the Parent Representatives to similarly destroy the Confidentiality Agreementsdocuments, memoranda and notes).
(d) No investigation pursuant to this Section 6.03 shall affect any representation or warranty in this Agreement of any party hereto or any condition to the obligations of the parties hereto.
Appears in 1 contract
Sources: Merger Agreement (Emtec Inc/Nj)
Access to Information. (a) From Each of the Company and Parent shall, and shall cause each of its Subsidiaries and, so long as consistent with its confidentiality obligations under its Joint Venture agreements, shall use commercially reasonable efforts to cause its Joint Ventures to, throughout the period from the date hereof until the earlier of to the Effective Time and termination of this Agreement pursuant to Article VIII and subject to applicable Law and the Confidentiality AgreementsTime, upon reasonable advance notice from Parent, the Company shall (i) provide the other and its Representatives with full access, upon reasonable prior notice and during normal business hours, to Parent (and Parent’s all officers, directors, employees, accountantsagents and accountants of the Company and Parent, consultantsas the case may be, financial and legal advisors, agents, financing sources (including potential financing sources) its Subsidiaries and other authorized representatives of Parent Joint Ventures and such other parties, collectively, “Representatives”) reasonable access during normal business hours to the officestheir respective assets, properties, books and records records, but only to the extent that such access does not unreasonably interfere with the business and operations of any Group Companythe Company and Parent, as the case may be, and its Subsidiaries and Joint Ventures, and (ii) furnish promptly to Parent and its Representatives such existing financial and operating data persons (x) a copy of each report, statement, schedule and other existing information as such persons may reasonably request in writing, and (iii) instruct its and its Subsidiaries’ employees, legal counsel, financial advisors, auditors and other Representatives to reasonably cooperate with Parent and its Representatives in their investigation. Notwithstanding the foregoing, any such investigation shall be conducted in such a manner as not to interfere unreasonably with the business document filed or operations of received by the Company or its Subsidiaries or otherwise result in any significant interference with and Parent, as the timely discharge by the employees of the Company or its Subsidiaries of their duties.
(b) Notwithstanding anything to the contrary in Section 6.03(a)case may be, nothing in this Agreement shall require the Company or any of its Subsidiaries and Joint Ventures pursuant to provide Parent the requirements of federal or state securities laws and each material report, statement, schedule and other document filed with any other Governmental or Regulatory Authority, and (y) all other information and data (including, without limitation, copies of Contracts, Company Employee Benefit Plans, and other books and records) concerning the business and operations of the Company and Parent, as the case may be, and its Subsidiaries and Joint Ventures as such party or any of its Representatives with access to any books, records, documents or such other information to the extent that (i) such books, records, documents or other information is subject to any confidentiality agreement with a Third Party (provided, that at the request of Parent, the Company shall use its reasonable best efforts to obtain a waiver from such Third Party), (ii) the disclosure of such books, records, documents or other information would result in the loss of attorney-client or other legal privilege that could not persons reasonably be remedied by use of common interest agreements or other arrangements to maintain such privilege (provided, that if such an agreement or arrangement can be used to maintain such privilege, the applicable parties shall, if requested by Parent, enter into such agreement or other arrangement as is reasonably acceptable to the Company to maintain such privilege) or (iii) the disclosure of such books, records, documents or other information is prohibited by applicable Law.
(c) All information provided or made available pursuant to this Section 6.03 to Parent or its Representatives shall be subject to the Confidentiality Agreements.
(d) may request. No investigation pursuant to this Section 6.03 paragraph or otherwise shall affect any representation or warranty contained in this Agreement of any party hereto or any condition to the obligations of the parties hereto. Any such information or material obtained pursuant to this Section 6.01 that constitutes "Review Material" (as such term is defined in the letter agreement dated as of October 12, 1998 between the Company and Parent (the "Confidentiality Agreement")) shall be governed by the terms of the Confidentiality Agreement.
Appears in 1 contract
Sources: Merger Agreement