Material Non-Public Information Warning Sample Clauses
A Material Non-Public Information Warning clause serves to alert parties that certain information shared or discussed may be considered material and not yet publicly disclosed. In practice, this clause typically appears in agreements involving sensitive business transactions, such as mergers or investments, and reminds recipients to handle such information in compliance with securities laws, particularly regarding insider trading restrictions. Its core function is to ensure all parties are aware of their legal obligations when dealing with confidential, market-sensitive information, thereby reducing the risk of unlawful disclosure or misuse.
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Material Non-Public Information Warning. The Transaction may constitute material, non-public information concerning Hightimes and Harvest Health & Recreation Inc., a British Columbia corporation and parent company of Enterprises (“Harvest Health”). Each Party acknowledges that securities laws prohibit any person who is aware of this information from purchasing or selling securities of either party or from communicating such information to any other person under circumstances in which it is reasonably foreseeable that such person is likely to purchase or sell such securities of Hightimes or Harvest Health in reliance upon such information.