Common use of Confidentiality and Prohibited Trading Clause in Contracts

Confidentiality and Prohibited Trading. If and to the extent a Party provides information to the other Party in conjunction with any communication required or contemplated hereunder including, without limitation, for purposes of any notice, request for consent, obtaining Regulatory Approvals co-operation generally or responding to rights of access, and which has neither been previously disclosed in Target’s Public Disclosure Record or Purchaser’s Public Disclosure Record, as applicable, nor otherwise comprises part of the pubic domain, such other Party shall receive, keep and maintain such information in the strictest confidence and shall not disclose the same to any third party, except for legal and other advisors who similarly agree to comply with the terms of this covenant, except as otherwise required by law. The Parties will not trade in the securities of each other, or of any publicly traded entity to which such confidential information relates, and will take all commercially reasonable steps to prevent any director, officer or employee with access to such confidential information from so trading, all of the foregoing as required by applicable Law.

Appears in 4 contracts

Samples: Acquisition Agreement (Iamgold Corp), Acquisition Agreement (Cambior Inc), Acquisition Agreement (Iamgold Corp)

AutoNDA by SimpleDocs

Confidentiality and Prohibited Trading. If and to the extent a Party provides information to the other Party in conjunction with any communication required or contemplated hereunder including, without limitation, for purposes of any notice, request for consent, obtaining Regulatory Approvals co-operation generally or responding to rights of access, and which has neither been previously disclosed in Target’s 's Public Disclosure Record or Purchaser’s 's Public Disclosure Record, as applicable, nor otherwise comprises part of the pubic domain, such other Party shall receive, keep and maintain such information in the strictest confidence and shall not disclose the same to any third party, except for legal and other advisors who similarly agree to comply with the terms of this covenant, except as otherwise required by law. The Parties will not trade in the securities of each other, or of any publicly traded entity to which such confidential information relates, and will take all commercially reasonable steps to prevent any director, officer or employee with access to such confidential information from so trading, all of the foregoing as required by applicable Law.

Appears in 1 contract

Samples: Acquisition Agreement (Cambior Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!