Disclosure of Agreement Terms. Prior to the Closing Date, none of the Seller, the Company nor Buyer, nor any of their affiliates, nor any of their respective agents or representatives, shall issue any press release or public statement concerning this Agreement or the Transactions without obtaining the prior written approval of the Parties, unless such disclosure is required by applicable law. Neither Seller nor Buyer may disclose the terms and conditions of this Agreement to any Person without the prior written consent of the other Party or Parties, as applicable, except as may be required by applicable law or an order from a court or administrative body of competent jurisdiction (but only to the extent so required and only after giving reasonable prior notice to the other Party or Parties, as applicable and cooperating with the other Party or Parties, as applicable in any efforts to legally oppose such disclosure). The foregoing notwithstanding, the Parties shall be permitted to make such disclosures to their respective accountants, lawyers, financial institutions, lending sources, senior employees and related Persons as may be appropriate, provided that such Parties are bound by the foregoing nondisclosure provisions.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Eworld Interactive, Inc.), Purchase and Sale Agreement
Disclosure of Agreement Terms. Prior to the Closing Date, none of the SellerCompany, the Company nor Parent, Buyer, nor any of their affiliates, nor any of their respective agents or representatives, shall issue any press release or public statement concerning this Agreement agreement or the Transactions transactions contemplated hereby without obtaining the prior written approval of the Partiesother parties hereto, unless such disclosure is required by applicable law, order or by obligations pursuant to any agreement with any national securities exchange. Neither Seller nor Buyer may shall not disclose the terms and conditions of this Agreement to any Person person or entity without the prior written consent of an executive officer of the other Party Parent or Parties, as applicable, except as may be required by applicable law or an order from a court or administrative body of competent jurisdiction (but only to the extent so required and only after giving reasonable prior notice to the other Party or Parties, as applicable Parent and cooperating with the other Party or Parties, as applicable Parent in any efforts to legally oppose such disclosure). The foregoing notwithstanding, the Parties Buyer shall be permitted to make such disclosures to their respective its accountants, lawyers, financial institutions, lending sources, senior employees and related Persons parties as may be appropriate, provided that such Parties parties are bound by the foregoing nondisclosure provisions.
Appears in 1 contract
Samples: Merger Agreement (Integrated Electrical Services Inc)
Disclosure of Agreement Terms. Prior to the Closing Date, none of the SellerSellers, the Company nor Buyer, nor any of their affiliates, nor any of their respective agents or representatives, shall issue any press release or public statement concerning this Agreement or the Transactions without obtaining the prior written approval of the Parties, unless such disclosure is required by applicable law. Neither Seller Sellers nor Buyer may disclose the terms and conditions of this Agreement to any Person without the prior written consent of the other Party or Parties, as applicable, except as may be required by applicable law or an order from a court or administrative body of competent jurisdiction (but only to the extent so required and only after giving reasonable prior notice to the other Party or Parties, as applicable and cooperating with the other Party or Parties, as applicable in any efforts to legally oppose such disclosure). The foregoing notwithstanding, the Parties shall be permitted to make such disclosures to their respective accountants, lawyers, financial institutions, lending sources, senior employees and related Persons as may be appropriate, provided that such Parties are bound by the foregoing nondisclosure provisions.
Appears in 1 contract
Samples: Agreement for the Purchase and Sale of Common Stock (Valcom, Inc)