Common use of Cleansing Statement; Consent to Disclosure Clause in Contracts

Cleansing Statement; Consent to Disclosure. 7.1 The Company shall, by 9:00 a.m., New York City time, on the first (1st) Business Day immediately following the date of this Subscription Agreement, issue one (1) or more press releases or file with the Commission a Current Report on Form 8-K (collectively, the “Disclosure Document”) disclosing all material terms of the transactions contemplated hereby and by the Other Subscription Agreements, and the Transactions. From and after the publication of the Disclosure Document, the Subscriber shall not be in possession of any material, non-public information received from the Company or any of its officers, directors, employees or agents in connection with the transactions contemplated by this Subscription Agreement and the Transactions, and Subscriber shall no longer be subject to any confidentiality or similar obligations under any current agreement, whether written or oral with the Company, the Placement Agents, or any of their affiliates in connection with the Transactions; provided, that the foregoing shall not apply to the Sponsors.

Appears in 4 contracts

Samples: Subscription Agreement (Valens Semiconductor Ltd.), Subscription Agreement (Taboola.com Ltd.), Subscription Agreement (Taboola.com Ltd.)

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Cleansing Statement; Consent to Disclosure. 7.1 6.1 The Company shall, by 9:00 a.m., New York City time, on the first (1st) Business Day immediately following the date of this Subscription Share Purchase Agreement, issue one (1) or more press releases or file with the Commission a Current Report on Form 8-K (collectively, the “Disclosure Document”) disclosing all material terms of the transactions contemplated hereby and by the Other Subscription AgreementsEmployee Share Purchase Agreement, and the Transactions. From and after the publication of the Disclosure Document, the Subscriber Purchaser shall not be in possession of any material, non-public nonpublic information received from the Company or any of its officers, directors, employees or agents in connection with the transactions contemplated by this Subscription Share Purchase Agreement and the Transactions, and Subscriber Purchaser shall no longer be subject to any confidentiality or similar obligations under any current agreement, whether written or oral with the CompanyIssuer, the Placement Agents, or any of their affiliates in connection with the Transactions; provided, that the foregoing shall not apply to the Sponsors.

Appears in 3 contracts

Samples: Share Purchase Agreement (Taboola.com Ltd.), Share Purchase Agreement (Taboola.com Ltd.), Share Purchase Agreement (ION Acquisition Corp 1 Ltd.)

Cleansing Statement; Consent to Disclosure. 7.1 6.1 The Company shall, by 9:00 a.m., New York City time, on the first (1st) Business Day immediately following the date of this Subscription Share Purchase Agreement, issue one (1) or more press releases or file with the Commission a Current Report on Form 8-K (collectively, the “Disclosure Document”) disclosing all material terms of the transactions contemplated hereby and by the Other Subscription AgreementsInstitutional Share Purchase Agreement, and the Transactions. From and after the publication of the Disclosure Document, the Subscriber Purchaser shall not be in possession of any material, non-public nonpublic information received from the Company or any of its officers, directors, employees or agents in connection with the transactions contemplated by this Subscription Share Purchase Agreement and the Transactions, and Subscriber Purchaser shall no longer be subject to any confidentiality or similar obligations under any current agreement, whether written or oral with the CompanyIssuer, the Placement Agents, or any of their affiliates in connection with the Transactions; provided, that the foregoing shall not apply to the Sponsors.

Appears in 3 contracts

Samples: Share Purchase Agreement (Taboola.com Ltd.), Share Purchase Agreement (Taboola.com Ltd.), Share Purchase Agreement (ION Acquisition Corp 1 Ltd.)

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Cleansing Statement; Consent to Disclosure. 7.1 6.1 The Company shall, by 9:00 a.m., New York City time, on the first (1st) Business Day immediately following the date of this Subscription Share Purchase Agreement, issue one (1) or more press releases or file with the Commission a Current Report on Form 8-K (collectively, the “Disclosure Document”) disclosing all material terms of the transactions contemplated hereby and by the Other Subscription Agreements, and the Transactions. From and after the publication of the Disclosure Document, the Subscriber Purchaser shall not be in possession of any material, non-public nonpublic information received from the Company or any of its officers, directors, employees or agents in connection with the transactions contemplated by this Subscription Share Purchase Agreement and the Transactions, and Subscriber Purchaser shall no longer be subject to any confidentiality or similar obligations under any current agreement, whether written or oral with the CompanyIssuer, the Placement Agents, or any of their affiliates in connection with the Transactions; provided, that the foregoing shall not apply to the Sponsors.

Appears in 1 contract

Samples: Share Purchase Agreement (TWC Tech Holdings II Corp.)

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