Common use of Confidentiality and Access to Information Clause in Contracts

Confidentiality and Access to Information. The Seller shall afford to Buyer and to Buyer’s accountants, counsel and other representatives, reasonable access during normal business hours during the period prior to the Closing to all of the Company’s books and records, and during such period, the Company shall furnish promptly to Buyer all information concerning the Company’s Business, properties and personnel, as Buyer may reasonably request. Buyer agrees that (except as may be required by law) it will not disclose or use any information revealed during this executory period with respect to Seller at any time or in any manner, and will not use such information other than in connection its preparation for Closing of the transactions contemplated by this Agreement. In the event of termination of this Agreement for any reason, Buyer shall promptly return, or cause to be returned, to Seller all nonpublic documents obtained from Seller that it would not otherwise have been entitled to obtain; and shall not, in any manner, utilize any such information for Buyer’s benefit or in any manner harmful to Seller. The provisions of this Section 4.01 shall survive the termination of this Agreement.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Liberated Solutions, Inc.), Stock Purchase Agreement (Virtual Sourcing, Inc.), Stock Purchase Agreement (National Energy Services Co Inc)

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Confidentiality and Access to Information. The Seller shall cause the Company to afford to Buyer and to Buyer’s accountants, counsel and other representatives, reasonable access during normal business hours during the period prior to the Closing to all of the Company’s books and records, and during such period, the Company shall furnish promptly to Buyer all information concerning the Company’s Business, properties and personnel, as Buyer may reasonably request. Buyer agrees that (except as may be required by law) it will not disclose or use any information revealed during this executory due diligence period with respect to Seller or the Company at any time or in any manner, and will not use such information other than in connection its preparation for Closing of the transactions contemplated by this Agreement. In the event of termination of this Agreement for any reason, Buyer shall promptly return, or cause to be returned, to Seller and the Company all nonpublic documents obtained from Seller and the Company that it would not otherwise have been entitled to obtain; and shall not, in any manner, utilize any such information for Buyer’s benefit or in any manner harmful to SellerSeller and the Company. The provisions of this Section 4.01 shall survive the termination of this Agreement.

Appears in 2 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement

Confidentiality and Access to Information. The Seller shall afford to Buyer and to Buyer’s Xxxxx's accountants, counsel and other representatives, reasonable access during normal business hours during the period prior to the Closing to all of the Company’s 's books and records, and during such period, the Company shall furnish promptly to Buyer all information concerning the Company’s 's Business, properties and personnel, as Buyer may reasonably request. Buyer Xxxxx agrees that (except as may be required by law) it will not disclose or use any information revealed during this executory period with respect to Seller at any time or in any manner, and will not use such information other than in connection its preparation for Closing of the transactions contemplated by this Agreement. In the event of termination of this Agreement for any reason, Buyer shall promptly return, or cause to be returned, to Seller all nonpublic documents obtained from Seller that it would not otherwise have been entitled to obtain; and shall not, in any manner, utilize any such information for Buyer’s 's benefit or in any manner harmful to Seller. The provisions of this Section 4.01 shall survive the termination of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sixty Six Oilfield Services, Inc.)

Confidentiality and Access to Information. The Seller shall cause the Company to afford to Buyer and to Buyer’s 's accountants, counsel and other representatives, reasonable access during normal business hours during the period prior to the Closing to all of the Company’s 's books and records, and during such period, the Company shall furnish promptly to Buyer all information concerning the Company’s 's Business, properties and personnel, as Buyer may reasonably request. Buyer agrees that (except as may be required by law) it will not disclose or use any information revealed during this executory period with respect to Seller or the Company at any time or in any manner, and will not use such information other than in connection its preparation for Closing of the transactions contemplated by this Agreement. In the event of termination of this Agreement for any reason, Buyer shall promptly return, or cause to be returned, to Seller and the Company all nonpublic documents obtained from Seller and the Company that it would not otherwise have been entitled to obtain; and shall not, in any manner, utilize any such information for Buyer’s 's benefit or in any manner harmful to SellerSeller and the Company. The provisions of this Section 4.01 shall survive the termination of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Blue Moon Group Inc)

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Confidentiality and Access to Information. The Seller shall cause the Company to afford to Buyer and to Buyer’s accountants, counsel and other representatives, reasonable access during normal business hours during the period prior to the Closing to all of the Company’s books and records, and during such period, the Company shall furnish promptly to Buyer all information concerning the Company’s Business, properties and personnel, as Buyer may reasonably request. Buyer agrees that (except as may be required by law) it will not disclose or use any information revealed during this executory period with respect to Seller or the Company at any time or in any manner, and will not use such information other than in connection its preparation for Closing of the transactions contemplated by this Agreement. In the event of termination of this Agreement for any reason, Buyer shall promptly return, or cause to be returned, to Seller and the Company all nonpublic documents obtained from Seller and the Company that it would not otherwise have been entitled to obtain; and shall not, in any manner, utilize any such information for Buyer’s benefit or in any manner harmful to SellerSeller and the Company. The provisions of this Section 4.01 shall survive the termination of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (New Life Scientific, Inc.)

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