Common use of Disclosure by Shareholders and holders of Upstream Securities Clause in Contracts

Disclosure by Shareholders and holders of Upstream Securities. Each Shareholder and holder of Upstream Securities, as applicable, may, subject to clause 7.6, disclose any Confidential Information to the extent not prohibited by Law: (a) (i) to Oaktree Capital Management, L.P., or any investment fund or account or entity managed by Oaktree Capital Management, L.P. that is a holder of Upstream Securities or (ii) to Silver Point Capital, L.P., or any investment fund or account or entity managed by Silver Point Capital, L.P. that is a holder of Upstream Securities, in the case of each of clauses (i) and (ii), so long as those persons own Effective Interests in Securities that correspond to a number of Securities equal to least 10% of the New Cotai Original Share Amount in aggregate; or (b) to any officer, manager, employee, representative, director (or equivalent) or financial, legal or accounting adviser of or lender to a Shareholder or holder of Upstream Securities or any of the other persons specified in the applicable paragraphs of this clause 7.3.

Appears in 5 contracts

Samples: Shareholders’ Agreement, Shareholders’ Agreement (Melco Resorts & Entertainment LTD), Shareholder Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)

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