Common use of CONFIDENTIALITY OBLIGATIONS OF BANK ONE Clause in Contracts

CONFIDENTIALITY OBLIGATIONS OF BANK ONE. From and after the date hereof, BANK ONE, its affiliates and its parent corporation shall treat all information received from CNB concerning CNB's business, assets, operations, and financial condition as confidential, unless and to the extent BANK ONE can demonstrate that such information was already known to BANK ONE or its affiliates or in the public domain, and BANK ONE shall not use any such information (so required to be treated as confidential) for any purpose except in furtherance of the transactions contemplated hereby. Upon the termination of this Agreement, BANK ONE shall promptly return all documents and workpapers containing, and all copies of, any such information (so required to be treated as confidential) received from or on behalf of CNB in connection with the transactions contemplated hereby. The covenants of BANK ONE contained in this Section 8.02 are of the essence and shall survive any termination of this Agreement; provided, however that BANK ONE nor any of its affiliates shall be deemed to have violated the covenants set forth in this Section 8.02 if BANK ONE shall in good faith disclose any of such confidential information in compliance with any legal process, order or decree issued by any court or agency of government of competent jurisdiction. It is expressly acknowledged by CNB that all information provided to BANK ONE related to this purchase and assumption transaction may be provided to Banc One Corporation and BANK ONE's affiliates for the purpose of consummating the transaction which is the subject of this Agreement.

Appears in 1 contract

Samples: Office Purchase and Assumption Agreement (American Bancorporation /Wv/)

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CONFIDENTIALITY OBLIGATIONS OF BANK ONE. From and after the date hereof, BANK ONE, its affiliates and its parent corporation shall treat all information received from CNB Premier concerning CNBPremier's business, assets, operations, and financial condition as confidential, unless and to the extent BANK ONE can demonstrate that such information was already known to BANK ONE or its affiliates or in the public domain, and BANK ONE shall not use any such information (so required to be treated as confidential) for any purpose except in furtherance of the transactions contemplated hereby. Upon the termination of this Agreement, BANK ONE shall promptly return all documents and workpapers containing, and all copies of, any such information (so required to be treated as confidential) received from or on behalf of CNB Premier in connection with the transactions contemplated hereby. The covenants of BANK ONE contained in this Section 8.02 are of the essence and shall survive any termination of this Agreement; providedPROVIDED, however HOWEVER, that neither BANK ONE nor any of its affiliates shall be deemed to have violated the covenants set forth in this Section 8.02 if BANK ONE shall in good faith disclose any of such confidential information in compliance with any legal process, order or decree issued by any court or agency of government of competent jurisdiction. It is expressly acknowledged by CNB Premier that all information provided to BANK ONE related to this purchase and assumption transaction may be provided to Banc One Corporation and BANK ONE's affiliates for the purpose of consummating the transaction which is the subject of this Agreement.

Appears in 1 contract

Samples: Office Purchase and Assumption Agreement (Cobancorp Inc)

CONFIDENTIALITY OBLIGATIONS OF BANK ONE. From and after the date hereof, BANK ONE, its affiliates and its parent corporation shall treat all information received from CNB BUYER concerning CNBBUYER's business, assets, operations, and financial condition as confidential, unless and to the extent BANK ONE can demonstrate that such information was already known to BANK ONE or its affiliates or in the public domain, and BANK ONE shall not use any such information (so required to be treated as confidential) for any purpose except in furtherance of the transactions contemplated hereby. Upon the termination of this Agreement, BANK ONE shall promptly return all documents and workpapers containing, and all copies of, any such information (so required to be treated as confidential) received from or on behalf of CNB BUYER in connection with the transactions contemplated hereby. The covenants of BANK ONE contained in this Section 8.02 are of the essence and shall survive any termination of this Agreement; providedPROVIDED, however HOWEVER, that BANK ONE nor any of its affiliates shall be deemed to have violated the covenants set forth in this Section 8.02 if BANK ONE shall in good faith disclose any of such confidential information in compliance with any legal process, order or decree issued by any court or agency of government of competent jurisdiction. It is expressly acknowledged by CNB BUYER that all information provided to BANK ONE related to this purchase and assumption transaction may be provided to Banc One Corporation BANC ONE CORPORATION and BANK ONE's affiliates for the purpose of consummating the transaction which is the subject of this Agreement.

Appears in 1 contract

Samples: Office Purchase and Assumption Agreement (Community First Bankshares Inc)

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CONFIDENTIALITY OBLIGATIONS OF BANK ONE. From and after the date hereof, BANK ONE, its affiliates and its parent corporation shall treat all information received from CNB BUYER concerning CNBBUYER's business, assets, operations, and financial condition as confidential, unless and to the extent BANK ONE can demonstrate that such information was already known to BANK ONE or its affiliates or in the public domain, and BANK ONE shall not use any such information (so required to be treated as confidential) for any purpose except in furtherance of the transactions contemplated hereby. Upon the termination of this Agreement, BANK ONE shall promptly return all documents and workpapers containing, and all copies of, any such information (so required to be treated as confidential) received from or on behalf of CNB BUYER in connection with the transactions contemplated hereby. The covenants of BANK ONE contained in this Section 8.02 8.2 are of the essence and shall survive any termination of this Agreement; provided, however however, that BANK ONE nor any of its affiliates shall be deemed to have violated the covenants set forth in this Section 8.02 8.2 if BANK ONE shall in good faith disclose any of such confidential information in compliance with any legal process, order or decree issued by any court or agency of government of competent jurisdiction. It is expressly acknowledged by CNB BUYER that all information provided to BANK ONE related to this purchase and assumption transaction may be provided to Banc One Corporation BANK ONE CORPORATION and BANK ONE's affiliates for the purpose of consummating the transaction which is the subject of this Agreement. The covenants and obligations of BANK ONE hereunder shall survive the Closing and any earlier termination of this Agreement.

Appears in 1 contract

Samples: Office Purchase and Assumption Agreement (Heartland Financial Usa Inc)

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