Legal Privileges. Seller and Buyer acknowledge and agree that all attorney-client, work product and other legal privileges that may exist with respect to the Subject Business and the Acquired Assets prior to the Closing shall, from and after the Closing Date, be deemed to be joint privileges of Seller and Buyer. Both Seller and Buyer shall use all commercially reasonable efforts after the Closing Date to preserve all such privileges and neither Seller nor Buyer shall knowingly waive any such privilege without the prior written consent of the other party which consent shall not be unreasonably withheld or delayed.
Legal Privileges. Lockheed Xxxxxx and Newco acknowledge and agree that all attorney-client, work product and other legal privileges that may exist with respect to the Transferred Assets or the Assumed Liabilities, shall, from and after the Closing Date, be deemed joint privileges of Lockheed Xxxxxx and Newco. Both Lockheed Xxxxxx and Newco shall use all commercially reasonable efforts after the Closing Date to preserve all such privileges and neither Lockheed Xxxxxx nor Newco shall knowingly waive any such privilege without the prior written consent of the other party (which consent will not be unreasonably withheld or delayed).
Legal Privileges. The Seller and the Purchaser acknowledge and agree that all attorney-client, work product and other legal privileges that may exist with respect to the Assets and the Business shall, from and after the Closing Date, be deemed joint privileges of the Seller and the Purchaser. Both the Seller and the Purchaser shall use all commercially reasonable efforts after the Closing Date to preserve all privileges and neither the Seller nor the Purchaser knowingly waive any such privilege without prior written consent of the other party (which consent shall not be unreasonably withheld or delayed). SECTION 5.17
Legal Privileges. Parent, Buyer and TTSI acknowledge and agree that all attorney-client, work product and other legal privileges that may exist with respect to TTSI and the TTS Business (including, without limitation, with respect to the Contributed Assets, Transferred Intellectual Property, Excluded Assets, Assumed Liabilities and Excluded Liabilities) shall, from and after the Closing Date, be deemed joint privileges of Seller Companies, Buyer and TTSI. Each of Seller Companies, TTSI and Buyer shall use all commercially reasonable efforts after the Closing Date to preserve all such privileges and none of Seller Companies, TTSI nor Buyer shall knowingly waive any such privilege without the prior written consent of the other party (which consent shall not be unreasonably withheld or delayed).
Legal Privileges. Except as to attorney-client work product and other legal privileges with respect to the negotiation of, and matters relating to, the Contemplated Transactions, Seller and Buyer acknowledge and agree that all attorney-client, work product and other legal privileges that may exist with respect to the Transferred Assets, Excluded Assets, Assumed Liabilities or Excluded Liabilities shall, from and after the Closing Date, be deemed common privileges of Seller and Buyer to the extent that Seller and Buyer have common interests in the matter. Both Seller and Buyer shall use all commercially reasonable efforts after the Closing Date to preserve all such privileges and neither Seller nor Buyer shall knowingly waive any such privilege without the prior written consent of the other party (which consent shall not be unreasonably withheld or delayed).
Legal Privileges. The Cliffstar Companies and Purchaser acknowledge and agree that all attorney-client, work product and other legal privileges that may exist with respect to a Cliffstar Company, the Business or the Assets shall, from and after the Closing Date, be deemed joint privileges of the Cliffstar Companies and Purchaser. Both the Cliffstar Companies and Purchaser shall use all commercially reasonable efforts after the Closing Date to preserve all privileges and neither the Cliffstar Companies nor Purchaser shall knowingly waive any such privilege without the prior written consent of the other party (which consent shall not be unreasonably withheld or delayed).
Legal Privileges. The Company acknowledges and agrees that all attorney-client, work product and other legal privileges (collectively, "Legal Privileges") that may exist with respect to Table of Contents
Legal Privileges. The Principal Equity Holders, the Merger Sub and the Parent acknowledge and agree that all attorney-client, work product and other legal privileges that may exist with respect to the business prior to the Closing shall, from and after the Closing Date, be deemed to be joint privileges of the Principal Equity Holders, Merger Sub and Parent. Each of the Principal Equity Holders, Merger Sub and Parent shall use commercially reasonable efforts after the Closing Date to preserve all such privileges and neither the Principal Equity Holders nor Parent or Merger Sub shall knowingly waive any such privilege without the prior written consent of the other Party (which consent shall not be unreasonably withheld or delayed).
Legal Privileges. The Parties acknowledge and agree that all attorney-client, work product and other legal privileges that may exist with respect to a Party’s involvement in the Company Business shall, from and after the Closing Date, be deemed joint privileges of the Parties. Each Party shall use, and cause the Company to use, all commercially reasonable efforts after the Closing Date to preserve all privileges, and no Party shall knowingly waive, or cause the Company to knowingly waive, any such privilege without the prior written consent of the other Party (which consent shall not be unreasonably withheld or delayed).
Legal Privileges. All attorney-client, work product and other legal privileges that may exist with respect to the Companies with respect to communications taking place at or prior to the Closing pertaining to the negotiation of this Agreement, the agreements contemplated hereby, and the transactions contemplated hereby and thereby will be deemed privileges exclusive to Seller. Seller and Purchaser will use all commercially reasonable efforts after the Closing Date to preserve all such privileges and neither Seller nor Purchaser will knowingly waive any such privilege without the prior written consent of the other party (which consent will not be unreasonably withheld, conditioned or delayed).
