Common use of Confidentiality of studies and reports Clause in Contracts

Confidentiality of studies and reports. Prior to closing of the purchase of the Property, Buyer will not distribute or divulge the information or materials it and its agents and consultants may generate in connection with the Feasibility Study to other persons except as may be required by law or as may be necessary or desirable in connection with Buyer’s evaluation of the Property and its suitability; provided, that during this time period no information or materials concerning wetlands or environmental matters will be divulged to any governmental entity without Seller’s consent, unless required by law. If Buyer elects not to purchase the Property, Xxxxx agrees that, except as may be required by law, it will not further divulge or further distribute the information and materials except with Seller’s consent. Notwithstanding the foregoing, if Buyer elects not to purchase the Property, and if Seller requests copies of the written reports and studies prepared for Buyer in connection with its Feasibility Study, then Buyer will deliver to Seller copies of the final reports and studies. Buyer will, in that event, cooperate reasonably with Seller to coordinate Seller’s communications with the consultants, provided Xxxxx will not be obligated to bear any costs or expend more than a reasonable period of time in doing so.

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement

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Confidentiality of studies and reports. Prior to closing of the purchase of the Property, Buyer will not distribute or divulge the information or materials it and its agents and consultants may generate in connection with the Feasibility Study to other persons except as may be required by law or as may be necessary or desirable in connection with Buyer’s evaluation of the Property and its suitability; provided, that during this time period no information or materials concerning wetlands or environmental matters will be divulged to any governmental entity without Seller’s consent, unless required by law. If Buyer elects not to purchase the Property, Xxxxx Buyer agrees that, except as may be required by law, it will not further divulge or further distribute the information and materials except with Seller’s consent. Notwithstanding the foregoing, if Buyer elects not to purchase the Property, and if Seller requests copies of the written reports and studies prepared for Buyer in connection with its Feasibility Study, then Buyer will deliver to Seller copies of the final reports and studies. Buyer will, in that event, cooperate reasonably with Seller to coordinate Seller’s communications with the consultants, provided Xxxxx Buyer will not be obligated to bear any costs or expend more than a reasonable period of time in doing so.

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement

Confidentiality of studies and reports. Prior to closing of the purchase of the Property, Buyer will not distribute or divulge the information or materials it and its agents and consultants may generate in connection with the Feasibility Study to other persons except as may be required by law or as may be necessary or to desirable in connection with Buyer’s evaluation of the Property and its suitability; provided, that during this time period no information or materials concerning wetlands or environmental matters will be divulged to any governmental entity without Seller’s consent, unless required by law. If Buyer elects not to purchase the Property, Xxxxx agrees that, except as may be required by law, it will not further divulge or further distribute the information and materials except with Seller’s consent. Notwithstanding the foregoing, if Buyer elects not to purchase the Property, and if Seller requests copies of the written reports and studies prepared for Buyer in connection with its Feasibility Study, then Buyer will deliver to Seller copies of the final reports and studies. Buyer will, in that event, cooperate reasonably with Seller to coordinate Seller’s communications with the consultants, provided Xxxxx will not be obligated to bear any costs or expend more than a reasonable period of time in doing so.

Appears in 1 contract

Samples: Real Estate Purchase Agreement

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Confidentiality of studies and reports. Prior to closing of the purchase of the Property, Buyer Purchaser will not distribute or divulge the information or materials it and its agents and consultants may generate in connection with the Feasibility Study to other persons except as may be required by law or as may be necessary or desirable in connection with BuyerPurchaser’s evaluation of the Property and its suitability; provided, that during this time period no information or materials concerning wetlands or environmental matters will be divulged to any governmental entity without Seller’s consent, unless required by law. If Buyer Purchaser elects not to purchase the Property, Xxxxx Purchaser agrees that, except as may be required by law, it will not further divulge or further distribute the information and materials except with Seller’s consent. Notwithstanding the foregoing, if Buyer Purchaser elects not to purchase the Property, and if Seller requests copies of the written reports and studies prepared for Buyer Purchaser in connection with its Feasibility Study, then Buyer Purchaser will deliver make available to Seller copies of the final reports and studies. Buyer Purchaser will, in that event, cooperate reasonably with Seller to coordinate Seller’s communications with the consultants, provided Xxxxx Purchaser will not be obligated to bear any costs or expend more than a reasonable period of time in doing so.

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement (Vascular Solutions Inc)

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