Common use of Confidentiality; Public Announcements Clause in Contracts

Confidentiality; Public Announcements. (a) Purchaser and Seller hereby acknowledge and agree to continue to be bound by the Confidentiality Agreement entered into in connection with the Binding Letter of Intent, dated as of May 6, 2020, by and between Seller and Purchaser . (b) Without limiting any other provision of this Agreement, each of Purchaser and Seller shall consult with the other and issue a joint press release with respect to the execution of this Agreement. Thereafter, neither Seller, the Company nor Purchaser, nor any of their respective Subsidiaries, shall issue any press release or other announcement (to the extent not previously publicly disclosed or made in accordance with this Agreement) with respect to this Agreement, or the Transaction without the prior consent of the other parties hereto (such consent not to be unreasonably withheld, conditioned or delayed), except as such press release or other announcement may be required by Applicable Law or the applicable rules of a national securities exchange, in which case the party required to issue the release or make the announcement shall use its commercially reasonable efforts to provide the other party with a reasonable opportunity to review and comment on such release or announcement in advance of its issuance.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Esports Entertainment Group, Inc.), Stock Purchase Agreement (Esports Entertainment Group, Inc.)

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Confidentiality; Public Announcements. (a) Purchaser and Seller Sellers hereby acknowledge and agree to continue to be bound by the Confidentiality Agreement entered into in connection with the Binding Letter of IntentAgreement, dated as of May 6, 2020January 21,2021, by and between Seller Helix and Purchaser (the “Confidentiality Agreement”). (b) Without limiting any other provision of this Agreement, each of Purchaser and Seller Sellers shall consult with the other and issue a joint press release with respect to the execution of this Agreement. Thereafter, neither SellerSellers, the Company Helix nor Purchaser, nor any of their respective Subsidiaries, shall issue any press release or other announcement (to the extent not previously publicly disclosed or made in accordance with this Agreement) with respect to this Agreement, Agreement or the Transaction without the prior consent of the other parties hereto Parties (such consent not to be unreasonably withheld, conditioned or delayed), except as such press release or other announcement may be required by Applicable Law or the applicable rules of a national securities exchange, in which case the party Party required to issue the release or make the announcement shall use its commercially reasonable efforts to provide the other party Parties with a reasonable opportunity to review and comment on such release or announcement in advance of its issuance.

Appears in 1 contract

Samples: Equity Purchase Agreement (Esports Entertainment Group, Inc.)

Confidentiality; Public Announcements. (a) Purchaser Ultimate Parent and Seller the Company hereby acknowledge and agree to continue to be bound by the Mutual Confidentiality Agreement entered into in connection with the Binding Letter of Intent, dated as of May 6October 1, 20202013, by and between Seller Ultimate Parent and Purchaser the Company (the “Confidentiality Agreement”). (b) Without limiting any other provision of this Agreement, each of Purchaser Ultimate Parent and Seller the Company shall consult with the other and issue a joint press release with respect to the execution of this Agreement. Thereafter, neither Seller, the Company nor PurchaserUltimate Parent, nor any of their respective Subsidiaries, shall issue any press release or other announcement (to the extent not previously publicly disclosed or made in accordance with this Agreement) with respect to this Agreement, the transactions contemplated hereby or the Transaction any Acquisition Proposal without the prior consent of the other parties hereto party (such consent not to be unreasonably withheld, conditioned or delayed), except (i) as such press release or other announcement may be required by Applicable Law or the applicable rules of a national securities exchange, in which case the party required to issue the release or make the announcement shall use its commercially reasonable best efforts to provide the other party with a reasonable opportunity to review and comment on such release or announcement in advance of its issuanceissuance or (ii) in connection with a Change of Board Recommendation if and to the extent permitted by the terms of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Avago Technologies LTD)

Confidentiality; Public Announcements. (a) Purchaser and Seller hereby acknowledge and agree to continue to be bound by the Confidentiality Agreement entered into in connection with the Binding Letter of Intentand Standstill Agreement, dated as of May 6July 18, 20202014, by and between Seller and Purchaser (the “Confidentiality Agreement”). (b) Without limiting any other provision of this Agreement, each of Purchaser and Seller shall consult with the other and issue a joint press release with respect to the execution of this Agreement. Thereafter, neither Seller, the Company nor Purchaser, nor any of their respective Subsidiaries, shall issue any press release or other announcement (to the extent not previously publicly disclosed or made in accordance with this Agreement) with respect to this Agreement, or the Transaction or any Acquisition Proposal without the prior consent of the other parties hereto (such consent not to be unreasonably withheld, conditioned or delayed), except as such press release or other announcement may be required by Applicable Law or the applicable rules of a national securities exchange, in which case the party required to issue the release or make the announcement shall use its commercially reasonable efforts to provide the other party with a reasonable opportunity to review and comment on such release or announcement in advance of its issuance.

Appears in 1 contract

Samples: Stock Purchase Agreement (EMRISE Corp)

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Confidentiality; Public Announcements. (a) Purchaser and Seller Sellers hereby acknowledge and agree to continue to be bound by the Confidentiality Agreement entered into in connection with the Binding Letter of IntentAgreement, dated as of May 6, 2020, January 21,2021 by and between Seller GGC and Purchaser (the “Confidentiality Agreement”). (b) Without limiting any other provision of this Agreement, each of Purchaser and Seller Sellers shall consult with the other and issue a joint press release with respect to the execution of this Agreement. Thereafter, neither SellerSellers, the Company GGC nor Purchaser, nor any of their respective Subsidiaries, shall issue any press release or other announcement (to the extent not previously publicly disclosed or made in accordance with this Agreement) with respect to this Agreement, Agreement or the Transaction without the prior consent of the other parties hereto Parties (such consent not to be unreasonably withheld, conditioned or delayed), except as such press release or other announcement may be required by Applicable Law or the applicable rules of a national securities exchange, in which case the party Party required to issue the release or make the announcement shall use its commercially reasonable efforts to provide the other party Parties with a reasonable opportunity to review and comment on such release or announcement in advance of its issuance.

Appears in 1 contract

Samples: Equity Purchase Agreement (Esports Entertainment Group, Inc.)

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