Assignment of Confidentiality Agreements Sample Clauses

Assignment of Confidentiality Agreements. At Closing, Seller shall assign to Buyer all of Seller’s right, title and interest in and to the confidentiality and non-disclosure agreements entered into by Seller and Seller’s representatives with the several parties that expressed interest in acquiring the Business.
AutoNDA by SimpleDocs
Assignment of Confidentiality Agreements. Prior to or at the Closing, Seller shall cause any confidentiality agreements entered into by Seller or any of its Affiliates since September 1, 2003 relating to the Acquired Companies or any properties, assets, liabilities or activities of any Acquired Company in connection with a sale or disposition that are not agreements to which an Acquired Company is a party, to be assigned to an Acquired Company unless expressly prohibited by the terms of such confidentiality agreement. 77
Assignment of Confidentiality Agreements. Effective upon the Closing, Parent and Seller will assign to Buyer all of their right, title and interest in and to any confidentiality agreements to which they or their agents may be a party pertaining to the confidentiality of information pertaining to the Seller, the hiring of employees of the Seller or other matters. Parent and Seller will request the return or destruction of information covered by such agreements within two business days of the date of this Agreement to the broadest extent permitted by such confidentiality agreements.
Assignment of Confidentiality Agreements. On the Closing Date, Seller shall assign or cause to be assigned to Buyer its or any of its affiliates' rights under all confidentiality agreements entered into by Seller or any such affiliate with any person in connection with the proposed sale of the Company to the extent such rights relate to the Company. Copies of such confidentiality agreements shall be provided to Buyer on the Closing Date.
Assignment of Confidentiality Agreements. 34 5.11 Change of the Sellers' Names.............................................. 34 5.12 Other Offers.............................................................. 34
Assignment of Confidentiality Agreements. At the Closing, Sellers shall assign to Purchaser its rights with respect to the confidentiality of information related to the business of Sellers executed by each of the prospective purchasers who received such information.
Assignment of Confidentiality Agreements. Effective as of the Merger Effective Time, the Seller shall, and shall cause its Affiliates to, assign to the Company any confidentiality agreements relating to confidential information of the Company or any Subsidiary. If any such agreements may not, by their terms, be so assigned to the Company, the Seller shall provide the Company with a copy thereof and shall cooperate with the Company, at the Company’s expense, in enforcing any such agreement after the Merger Effective Time.
AutoNDA by SimpleDocs
Assignment of Confidentiality Agreements. Parent and GPX shall assign to Buyer, in a manner reasonably acceptable to Buyer, all of Parent's and GPX's respective rights under any confidentiality agreements relating to Sellers and the Acquired Assets.
Assignment of Confidentiality Agreements. Prior to or at the Closing, ABB shall cause any confidentiality agreements entered into by ABB or any of its Affiliates since January 1, 2002 relating solely to the Business or any properties, assets, liabilities or activities of any Acquired Company in connection with a sale or disposition of the Business or a part thereof that are not agreements to which an Acquired Company is a party to be assigned to an Acquired Company unless prohibited by the terms of such confidentiality agreement.
Assignment of Confidentiality Agreements. The Sellers have provided the Buyers with a list of all confidentiality agreements pursuant to which the Sellers have disclosed confidential information relating to the Acquired Assets. The Sellers will request the return or destruction of all information covered by such agreements and related to the Acquired Assets within two Business Days of the date of this Agreement to the broadest extent permitted by such agreements, and will use their reasonable efforts to secure the return or destruction of all such information as soon as reasonably practicable and in any event prior to the Closing Date. The Sellers will keep the Buyers reasonably apprised of the Sellers’ progress in this regard. If on the Closing Date any party to any such agreement has failed to certify to the Sellers in writing that it has returned or destroyed all confidential information relating to the Acquired Assets, the Sellers shall assign their rights (but not their obligations) under the applicable confidentiality agreement to the Buyers to the extent such rights are assignable and, if such rights are not assignable, the Sellers shall continue to use their reasonable efforts to cause such party to return or destroy the confidential information related to the Acquired Assets and, if requested by the Buyers, the Sellers will seek other reasonable remedies with respect thereto.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!