GOOD FAITH NEGOTIATIONS; DUE DILIGENCE. PGE and the Acquiring Parties will promptly commence good faith negotiations concerning the structuring, terms, conditions, approvals and implementation of a possible business combination transaction of the type summarized in the Proposal (the "Proposed Transaction") and the parties will use their reasonable best efforts to negotiate in good faith and execute definitive documentation on reasonable and customary terms subject to CADIM's satisfaction with its due diligence investigation during the Thirty-Day Period (as defined herein). PGE will promptly provide CADIM with all reasonable due diligence materials concerning PGE, its operating partnership, PGLP and their respective subsidiaries and affiliates, all of their respective properties and other assets, as well as information concerning PGE's and PGLP's obligations and liabilities, as CADIM may reasonably request.
Appears in 2 contracts
Samples: Support and Standstill Agreement (Prime Group Realty Trust), Tender Offer Agreement (Prime Group Realty Trust)
GOOD FAITH NEGOTIATIONS; DUE DILIGENCE. PGE and the Acquiring Parties will promptly commence good faith negotiations concerning the structuring, terms, conditions, approvals and implementation of a possible business combination transaction of the type summarized in the Proposal (the "Proposed TransactionPROPOSED TRANSACTION") and the parties will use their reasonable best efforts to negotiate in good faith and execute definitive documentation on reasonable and customary terms subject to CADIM's satisfaction with its due diligence investigation during the Thirty-Day Period (as defined herein). PGE will promptly provide CADIM with all reasonable due diligence materials concerning PGE, its operating partnership, PGLP and their respective subsidiaries and affiliates, all of their respective properties and other assets, as well as information concerning PGE's and PGLP's obligations and liabilities, as CADIM may reasonably request.
Appears in 2 contracts
Samples: Support and Standstill Agreement (Prime Group Inc /Il/), Support and Standstill Agreement (Reschke Michael W)
GOOD FAITH NEGOTIATIONS; DUE DILIGENCE. PGE and the Acquiring Parties will promptly commence continue their good faith negotiations concerning the structuring, terms, conditions, approvals and implementation of a possible business combination transaction of the type summarized in the Proposal (the "Proposed Transaction") and the parties will use their reasonable best efforts to negotiate in good faith and execute definitive documentation on reasonable and customary terms subject to CADIM's satisfaction with its due diligence investigation during the Thirty-Day Exclusivity Period (as defined herein). PGE will continue to promptly provide CADIM with all reasonable due diligence materials concerning PGE, its operating partnership, PGLP and their respective subsidiaries and affiliates, all of their respective properties and other assets, as well as information concerning PGE's and PGLP's obligations and liabilities, as CADIM may reasonably request.
Appears in 1 contract