Common use of Announcement of Transaction Clause in Contracts

Announcement of Transaction. The Company will, not later than one Business Day after Investors and Other Investors have signed Investor Agreements (including this Agreement) relating to purchases of Common Stock for a total of at least $500 million, (i) make a public announcement, in a form to be provided to and approved in advance by the Investors in their reasonable discretion, of the signing of such Investor Agreements in sufficient detail so that the fact that Investor Agreements have been signed and knowledge of the terms of the Investor Agreements will not constitute material non-public information and (ii) include the Investor Presentation in a Report filed with the SEC. In addition, if Investor Agreements are terminated and those terminations make it unlikely that the transactions that are the subject of the Investor Agreements will take place, the Company will, not later than one Business Day after the Investor Agreements are terminated, make a public announcement of the termination. The Company will also timely make all filings with the SEC that are required under the Exchange Act with respect to the execution of Investor Agreements, the issuance of Common Stock under Investor Agreements and the termination of Investor Agreements. The Company will not, without the consent of the Investors, mention the names of the Investors or of their Affiliates or advisers in any public disclosures regarding the transactions that are the subject of the Investor Agreements, except that nothing in this Section or elsewhere in this Agreement will prevent the Company from disclosing the name of any Investor or its Affiliates or investment adviser to the extent it is required to do so by law, by rules of the SEC or the NYSE, or by any form the Company is required to file with a Governmental Entity, or to the extent it is asked for that information by any Governmental Entity (including, but not limited to, the staff of the SEC, the FDIC, the Federal Reserve or the OCFI); provided, however, that the Company will, to the extent reasonably practicable, provide the Investors with a reasonable opportunity to review and comment on such disclosures and filings in advance.

Appears in 2 contracts

Samples: Investment Agreement (First Bancorp /Pr/), Investment Agreement (First Bancorp /Pr/)

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Announcement of Transaction. The Company will, not later than one Business Day after Investors and Other Investors have signed Investor Agreements (including this Agreement) relating to purchases of Common Stock for a total of at least $500 million, (i) make a public announcement, in a form to be provided to and approved in advance by the Investors in their reasonable discretion, of the signing of such Investor Agreements in sufficient detail so that the fact that Investor Agreements have been signed and knowledge of the terms of the Investor Agreements will not constitute material non-public information and (ii) include the Investor Presentation in a Report filed with the SEC. In addition, if Investor Agreements are terminated and those terminations make it unlikely that the transactions that are the subject of the Investor Agreements will take place, the Company will, not later than one Business Day after the Investor Agreements are terminated, make a public announcement of the termination. The Company will also timely make all filings with the SEC that are required under the Exchange Act with respect to the execution of Investor Agreements, the issuance of Common Stock under Investor Agreements and the termination of the Investor Agreements. The Company will not, without the consent of the Investors, mention the names of the Investors or of their Affiliates or advisers in any public disclosures regarding the transactions that are the subject of the Investor Agreements, except that nothing in this Section or elsewhere in this Agreement will prevent the Company from disclosing the name of any Investor or its Affiliates or investment adviser to the extent it is required to do so by law, by rules of the SEC or the NYSE, or by any form the Company is required to file with a Governmental Entity, or to the extent it is asked for that information by any Governmental Entity (including, but not limited to, the staff of the SEC, the FDIC, the Federal Reserve or the OCFI); provided, however, that the Company will, to the extent reasonably practicable, provide the Investors with a reasonable opportunity to review and comment on such disclosures and filings in advance.

Appears in 2 contracts

Samples: Investment Agreement (Oaktree Capital Group Holdings GP, LLC), Investment Agreement (First Bancorp /Pr/)

Announcement of Transaction. The Company will, not later than one Business Day after Investors and Other Investors have signed Investor Agreements (including this the Investor’s Subscription Agreement) relating to purchases of Common Stock for a total of at least $500 million, (i) issue a press release, or make a public announcementfiling with the SEC, in a form to be provided to and approved in advance by the Investors in their reasonable discretion, of that describes the signing of such Investor Agreements in sufficient detail so that the fact that Investor Agreements have been signed and knowledge of the terms of the Investor Agreements will not constitute material non-public information information, and (ii) include the Investor Presentation in a Report filed with the SEC. In addition, if Investor Agreements are terminated and those terminations make it unlikely that the transactions that are the subject of the Investor Agreements will take place, the Company will, not later than one Business Day after the Investor Agreements are terminated, make a public announcement of the termination. The Company will also timely make all filings with the SEC that are required under the Exchange Act with respect to the execution of the Investor Agreements, Agreements and the issuance of Common Stock under Investor Agreements and the termination of Investor Agreements. The Company will not, without the consent of the InvestorsInvestor, mention the names of the Investors Investor or of their Affiliates its affiliates or advisers in any public disclosures regarding the transactions that are the subject of the Investor Agreements, except that nothing in this Section or elsewhere in this the Investor’s Subscription Agreement will prevent the Company from disclosing the name of any the Investor or its Affiliates affiliates or investment adviser to the extent it is required to do so by law, by rules of the SEC or the NYSE, or by any form the Company is required to file with a Governmental Entity, or to the extent it the Company is asked for that information by any Governmental Entity (including, but not limited to, the staff of the SEC, the FDIC, the Federal Reserve or the OCFI); provided, however, that the Company will, to the extent reasonably practicable, provide the Investors Investor with a reasonable opportunity to review and comment on any such disclosures and filings in advance.

Appears in 1 contract

Samples: Subscription Agreement (First Bancorp /Pr/)

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Announcement of Transaction. The Company will, not later than one Business Day after Investors and Other Investors have signed Investor Agreements (including this Agreement) relating to purchases of Common Stock for a total of at least $500 million, (i) make a public announcement, in a form to be provided to and approved in advance by the Investors in their reasonable discretion, of the signing of such Investor Agreements in sufficient detail so that the fact that Investor Agreements have been signed and knowledge of the terms of the Investor Agreements will not constitute material non-public information and (ii) include the Investor Presentation in a Report filed with the SEC. In addition, if Investor Agreements are terminated and those terminations make it unlikely that the he transactions that are the subject of the Investor Agreements will take place, the Company will, not later than one Business Day after the Investor Agreements are terminated, make a public announcement of the termination. The Company will also timely make all filings with the SEC that are required under the Exchange Act with respect to the execution of Investor Agreements, the issuance of Common Stock under Investor Agreements and the termination of the Investor Agreements. The Company will not, without the consent of the Investors, mention the names of the Investors or of their Affiliates or advisers in any public disclosures regarding the transactions that are the subject of the Investor Agreements, except that nothing in this Section or elsewhere in this Agreement will prevent the Company from disclosing the name of any Investor or its Affiliates or investment adviser to the extent it is required to do so by law, by rules of the SEC or the NYSE, or by any form the Company is required to file with a Governmental Entity, or to the extent it is asked for that information by any Governmental Entity (including, but not limited to, the staff of the SEC, the FDIC, the Federal Reserve or the OCFI); provided, however, that the Company will, to the extent reasonably practicable, provide the Investors with a reasonable opportunity to review and comment on such disclosures and filings in advance.

Appears in 1 contract

Samples: Investment Agreement (First Bancorp /Pr/)

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