Common use of Announcements; Confidentiality Clause in Contracts

Announcements; Confidentiality. Neither Party shall issue any press releases or announcements regarding the current or future transactions contemplated in this Agreement without the prior written consent of the other Party, which consent shall not be unreasonably withheld; provided, however, that nothing in this Section 10.14 shall restrict any disclosure required pursuant to applicable law including, but not limited to, required filings with the Securities Exchange Commission. Furthermore, the Parties agree to keep confidential any and all nonpublic information that the Party has received from the other Party and regarding which it has reason to believe is confidential, or should reasonably understand by nature of the information or circumstances surrounding the exchange of information that it should be treated as confidential, except to the extent such information is required to be disclosed by law, regulation, or Applicable Requirements, or in order to effectuate the terms of this Agreement provided that the receiving Party shall provide the disclosing Party with prompt prior written notice of such requirement so that the disclosing Party may seek a protective order or other appropriate remedy and/or waive compliance with the terms of this Agreement. If such protective order or other remedy is not obtained, or if the disclosing Party waives compliance with the provisions hereof, the receiving Party and its representatives agree to disclose only that portion of the confidential or nonpublic information which is legally required to be disclosed and to take all reasonable steps to attempt to preserve the confidentiality of the confidential or nonpublic information.

Appears in 3 contracts

Samples: Agreement for the Bulk Purchase and Sale of Mortgage Servicing Rights (First Savings Financial Group, Inc.), Agreement for the Bulk Purchase and Sale of Mortgage Servicing Rights (Mr. Cooper Group Inc.), Agreement for the Bulk Purchase and Sale of Mortgage Servicing Rights (Home Point Capital Inc.)

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Announcements; Confidentiality. Neither Party shall issue any press releases or announcements regarding the current or future transactions contemplated in this Agreement without the prior written consent of the other Party, which consent shall not be unreasonably withheld; provided, however, that nothing in this Section 10.14 shall restrict any disclosure required pursuant to applicable law including, but not limited to, required filings with the Securities Exchange CommissionCommission (provided that the disclosing party provides the non-disclosing party a reasonable opportunity to review and comment any such public filings). Furthermore, the Parties agree to keep confidential any and all nonpublic information that the Party has received from the other Party and regarding which it has reason to believe is confidential, or should reasonably understand by nature of the information or circumstances surrounding the exchange of information that it should be treated as confidential, except to the extent such information is required to be disclosed by law, regulation, or Applicable Requirements, or in order to effectuate the terms of this Agreement provided that the receiving Party shall provide the disclosing Party with prompt prior written notice of such requirement so that the disclosing Party may seek a protective order or other appropriate remedy and/or waive compliance with the terms of this Agreement. If such protective order or other remedy is not obtained, or if the disclosing Party waives compliance with the provisions hereof, the receiving Party and its representatives agree to disclose only that portion of the confidential or nonpublic information which is legally required to be disclosed and to take all reasonable steps to attempt to preserve the confidentiality of the confidential or nonpublic information.

Appears in 1 contract

Samples: Bulk Purchase and Sale of Mortgage Servicing Rights (Mr. Cooper Group Inc.)

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Announcements; Confidentiality. Neither 10.3.1 No Party shall, and each Party shall issue procure that none of its Affiliates will, make any press releases release or announcements regarding the current or future transactions contemplated in similar public announcement with respect to this Agreement without unless Seller and Purchaser agree on a joint press release. Each Party shall keep confidential and shall not disclose to any third party (other than an Affiliate, the prior written consent financing sources of the other Party, which consent shall not be unreasonably withheld; provided, however, that nothing in Parent and the Purchaser or a professional advisor bound to this Section 10.14 shall restrict any disclosure required pursuant to applicable law including, but not limited to, required filings with the Securities Exchange Commission. Furthermore, the Parties agree to keep confidential any and all nonpublic information that the Party has received from the other Party and regarding which it has reason to believe is confidential, 10.3.1 or should reasonably understand by nature of the information or circumstances surrounding the exchange of information that it should be treated as confidential, except to the extent such information is required to be disclosed by law, regulation, or Applicable Requirements, or in order to effectuate the terms of this Agreement professional confidentiality obligations provided that the receiving Party shall provide the disclosing Party with prompt prior written notice of such requirement so that the disclosing Party may seek shall remain responsible for any breach of confidentiality of such Affiliate, financing source or professional adviser) the contents of, the subject matter of and the negotiations relating to this Agreement or any confidential information regarding any other Party disclosed to it in connection with this Agreement or its implementation. 10.3.2 Section 10.3.1 does not prevent any Party from disclosures required under any mandatory laws, enforceable orders by courts or public authorities or the rules and regulations of any stock exchange governing the listing of any securities of the relevant Party. In such circumstances, the disclosure made shall be no more extensive in scope and nature than the minimum standard required by the relevant laws, orders, rules or regulations. If a protective order person is so required to make any announcement of or to disclose any confidential information, the relevant Party shall promptly notify the other appropriate remedy and/or waive compliance Party or Parties concerned, where practicable and lawful to do so, before the announcement is made or disclosure occurs and shall co-operate with the terms other Party or Parties regarding the timing and content of this Agreement. If such protective order announcement or disclosure or any action which the other remedy is not obtained, Party or if the disclosing Party waives compliance with the provisions hereof, the receiving Party and its representatives agree to disclose only that portion of the confidential or nonpublic information which is legally required to be disclosed and Parties may reasonably elect to take all reasonable steps to attempt to preserve challenge the confidentiality validity of the confidential or nonpublic informationsuch requirement.

Appears in 1 contract

Samples: Share Purchase Agreement (McKesson Corp)

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