Announcements and Press Releases. (a) The Parties agree that, upon execution of this Agreement, CIC on the one hand and the Trust and PWPL on the other hand will issue a press release that shall in each case be in the form mutually agreed to by the Parties. (b) In the event that, during the period commencing on the date hereof and ending upon the completion of Closing, any Party or its Affiliates wishes to make any press release or respond to press or other inquiries for information that, in any such case, relates to this Agreement or the Transaction, then it shall use its reasonable efforts to provide the other Parties with a draft thereof in sufficient time prior to the release thereof so that each other Party may review the proposed press release or inquiry response to be released and advise the Party that proposes to make such release or provide such response of any comments that such other Party may have in respect thereto. The foregoing shall not apply when the release or disclosure of any information that relates to this Agreement or the Transaction is required by Applicable Law or by any Governmental Authority, provided that, in each such case, except where prohibited under Applicable Law, the Party who or whose Affiliate is required to make such disclosure shall provide each other Party with details of the nature and substance of such release or disclosure as soon as practicable, but in all cases, prior to any public release thereof. Furthermore, the obligations in this Section 12.3(b) shall not apply to general disclosures or releases of information that a Party or its Affiliate may make from time to time relating to its business or property. Notwithstanding anything to the contrary contained herein, no disclosure shall identify CIC or any of its Affiliates without CIC’s prior written approval.
Appears in 2 contracts
Samples: Investment Agreement, Investment Agreement (Penn West Energy Trust)
Announcements and Press Releases. (a) The Parties agree that, upon execution of this Agreement, CIC on the one hand and the Trust and PWPL on the other hand Corporation will issue a press release that shall in each case be in the a form mutually agreed to by the Parties.
(b) In the event that, during the period commencing on the date hereof and ending upon the completion of the Second Closing, any Party or its Affiliates wishes to make any press release or respond to press or other inquiries for information that, in any such case, relates to this Agreement or the TransactionFinancing, then it shall use its reasonable efforts to provide the other Parties with a draft thereof in sufficient time prior to the release thereof so that each other Party may review the proposed press release or inquiry response to be released and advise the Party that proposes to make such release or provide such response of any comments that such other Party may have in respect thereto. The foregoing shall not apply when the release or disclosure of any information that relates to this Agreement or the Transaction Financing is required by Applicable Law or by any Governmental Authority, provided that, in each such case, except where prohibited under Applicable Law, the Party who or whose Affiliate is required to make such disclosure shall provide each other Party with details of the nature and substance of such release or disclosure as soon as practicable, but in all cases, prior to any public release thereof. Furthermore, the obligations in this Section 12.3(b11.3(b) shall not apply to general disclosures or releases of information that a Party or its Affiliate may make from time to time relating to its business or property. Notwithstanding anything to the contrary contained herein, no disclosure shall identify CIC or any of its Affiliates without CIC’s prior written approval.
Appears in 2 contracts
Samples: Investment Agreement (DiaMedica Therapeutics Inc.), Investment Agreement (DiaMedica Therapeutics Inc.)
Announcements and Press Releases.
(a) The Parties agree that, upon execution of this Agreement and the Strategic Alliance Agreement, CIC on the one hand and the Trust and PWPL on the other hand will each Party may issue a press release in each instance that shall in each case be in the form mutually agreed to by the Parties.
(b) In the event that, during the period commencing on the date hereof and ending upon the completion of Closing, that any Party or its Affiliates Parties wishes to make any press release or respond to press or other inquiries for information that, in any such case, relates to this Agreement or the TransactionStrategic Alliance Agreement, then it shall use its reasonable efforts to provide the other Parties Party with a draft thereof in sufficient time prior to the release thereof so that each the other Party may review the proposed press release or inquiry response to be released and advise the Party that proposes to make such release or provide such response of any comments that such other Party may have in respect thereto. .
(c) The foregoing shall obligations herein will not apply when prevent any Party from making, after consultation with the release or other Party, such disclosure of any information that relates to this Agreement or the Transaction as its legal counsel advises is required by Applicable Law (including in order to comply with continuous disclosure or other requirements under Securities Laws).
(d) Notwithstanding anything else contained in this Agreement, each Party hereby consents to the reasonable disclosure by the other Party of the completion and nature of the transactions contemplated herein to Governmental Authorities, the security holders of the other Party and to any Governmental Authorityother Person in connection with any financing, offering, franchising, licensing, business combination or similar transaction proposed to be undertaken by the other Party, provided that, that in each such case, except all cases where prohibited under Applicable Law, the a Party who or whose Affiliate is required proposes to make any disclosure of the completion, nature or terms of the transactions contemplated herein (whether with the consent of the other Party or in accordance with the foregoing exceptions to the requirement to obtain such consent), it will first advise the other Party of its intention to do so and it will use commercially reasonable efforts to enable the other Party to review and comment on such disclosure shall provide each other Party with details of the nature and substance of such release or disclosure as soon as practicable, but in all cases, prior to any public the release thereof. FurthermoreEach Party acknowledges that the other Party may be required, in accordance with Securities Laws, to publicly disclose the obligations transactions contemplated herein and to file a copy of this Agreement on SEDAR, and in such case each Party agrees that it shall make such redactions to this Agreement as are permitted under Section 12.3(b12.2(3) shall not apply of NI 51-102 (subject to general disclosures or releases compliance by such Party with the remaining provisions of information that a Party or its Affiliate may make from time to time relating to its business or property. Notwithstanding anything to Section 12.2 of NI 51-102) with the contrary contained herein, no disclosure shall identify CIC or any prior consultation of its Affiliates without CIC’s prior written approvalthe other Party.
Appears in 1 contract
Samples: Investment Agreement
Announcements and Press Releases. (a) The Parties agree that, upon execution of this Agreement, CIC on the one hand and the Trust and PWPL on the other hand will issue a press release that shall in each case be in the form mutually agreed to by the Parties.
(b) In the event that, during the period commencing on the date hereof and ending upon the completion of Closing, that any Party or its Affiliates Parties wishes to make any press release or respond to press or other inquiries for information that, in any such case, relates to this Agreement or the Transactiontransactions contemplated herein, then it shall use its reasonable efforts to provide the other Parties Party with a draft thereof in sufficient time prior to the release thereof so that each the other Party may review the proposed press release or inquiry response to be released and advise the Party that proposes to make such release or provide such response of any comments that such other Party may have in respect thereto. .
(b) The foregoing shall obligations herein will not apply when prevent any Party from making, after consultation with the release or other Party, such disclosure of any information that relates to this Agreement or the Transaction as its legal counsel advises is required by Applicable Law applicable Laws (including in order to comply with continuous disclosure or other requirements under applicable Securities Laws Laws or United States federal or state securities laws).
(c) Notwithstanding anything else contained in this Agreement, each Party hereby consents to the reasonable disclosure by the other Party of the completion and nature of the transactions contemplated herein to Governmental Authorities, the security holders of the other Party and to any Governmental Authorityother Person in connection with any financing, offering, franchising, licensing, business combination or similar transaction proposed to be undertaken by the other Party, provided that, that in each such case, except all cases where prohibited under Applicable Law, the a Party who or whose Affiliate is required proposes to make any disclosure of the completion, nature or terms of the transactions contemplated herein (whether with the consent of the other Party or in accordance with the foregoing exceptions to the requirement to obtain such consent), it will first advise the other Party of its intention to do so and it will use commercially reasonable efforts to enable the other Party to review and comment on such disclosure shall provide each other Party with details of the nature and substance of such release or disclosure as soon as practicable, but in all cases, prior to any public the release thereof. FurthermoreThe Investor acknowledges that the Company may be required, in accordance with applicable Securities Laws, to publicly disclose the obligations in transactions contemplated herein and to file a copy of this Section 12.3(b) shall not apply to general disclosures or releases of information that a Party or its Affiliate may make from time to time relating to its business or property. Notwithstanding anything to the contrary contained herein, no disclosure shall identify CIC or any of its Affiliates without CIC’s prior written approvalAgreement on SEDAR and on XXXXX.
Appears in 1 contract
Announcements and Press Releases. (a) The Parties agree that, upon execution of this Agreement, CIC on the one hand and the Trust and PWPL on the other hand will each Party may issue a press release in each instance that shall in each case be in the form mutually agreed to by the Parties.
(b) In the event that, during the period commencing on the date hereof and ending upon the completion of Closing, that any Party or its Affiliates Parties wishes to make any press release or respond to press or other inquiries for information that, in any such case, relates to this Agreement or the TransactionAgreement, then it shall use its reasonable efforts to provide the other Parties Party with a draft thereof in sufficient time prior to the release thereof so that each the other Party may review the proposed press release or inquiry response to be released and advise the Party that proposes to make such release or provide such response of any comments that such other Party may have in respect thereto. .
(c) The foregoing shall obligations herein will not apply when prevent any Party from making, after consultation with the release or other Party, such disclosure of any information that relates to this Agreement or the Transaction as its legal counsel advises is required by Applicable Law (including in order to comply with continuous disclosure or other requirements under Securities Laws).
(d) Notwithstanding anything else contained in this Agreement, each Party hereby consents to the reasonable disclosure by the other Party of the completion and nature of the transactions contemplated herein to Governmental Authorities, the security holders of the other Party and to any Governmental Authorityother Person in connection with any financing, offering, franchising, licensing, business combination or similar transaction proposed to be undertaken by the other Party, provided that, that in each such case, except all cases where prohibited under Applicable Law, the a Party who or whose Affiliate is required proposes to make any disclosure of the completion, nature or terms of the transactions contemplated herein (whether with the consent of the other Party or in accordance with the foregoing exceptions to the requirement to obtain such consent), it will first advise the other Party of its intention to do so and it will use commercially reasonable efforts to enable the other Party to review and comment on such disclosure shall provide each other Party with details of the nature and substance of such release or disclosure as soon as practicable, but in all cases, prior to any public the release thereof. FurthermoreEach Party acknowledges that the other Party may be required, in accordance with Securities Laws, to publicly disclose the obligations transactions contemplated herein and to file a copy of this Agreement on SEDAR, and in such case each Party agrees that it shall make such redactions to this Agreement as are permitted under Section 12.3(b12.2(3) shall not apply of NI 51-102 – Continuous Disclosure Requirements (“NI 51-102”) (subject to general disclosures or releases compliance by such Party with the remaining provisions of information that a Party or its Affiliate may make from time to time relating to its business or property. Notwithstanding anything to Section 12.2 of NI 51- 102) with the contrary contained herein, no disclosure shall identify CIC or any prior consultation of its Affiliates without CIC’s prior written approvalthe other Party.
Appears in 1 contract
Samples: Investment Agreement