Common use of No Material Information Clause in Contracts

No Material Information. On or before 8:30 a.m., New York City time, on the first Business Day after the Effective Time, the Company shall file a Current Report on Form 8-K describing the terms of the transactions contemplated by this Waiver and any other material non-public information the Company may have provided to the Holder in relation thereto or otherwise in the form required by the 1934 Act and attaching this Waiver as exhibits to such filing (the “8-K Filing”). From and after the filing of the 8-K Filing with the SEC, the Holder shall not be in possession of any material, nonpublic information received from the Company, any of its Subsidiaries or any of their respective officers, directors, employees, affiliates or agents, that is not disclosed in the 8-K Filing. In addition, the Company acknowledges and agrees that any and all confidentiality or similar obligations under any agreement, whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents on the one hand, and the Holder or any of its affiliates on the other hand, has terminated as of the date hereof and is of no further force or effect. The Company shall not, and shall cause each of its Subsidiaries and its and each of their respective officers, directors, affiliates, employees and agents, not to, provide any Holder with any material, non-public information regarding the Company or any of its Subsidiaries from and after the date hereof without the express prior written consent of the Holder. To the extent that the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates employees or agents delivers any material, non-public information to any Holder without the Holder’s consent, including delivery of any Installment Notice with a proposed increased Installment Amount, the Company hereby covenants and agrees that the Holder shall not have any duty of confidentiality to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents with respect to, or a duty to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents not to trade on the basis of, such material, non-public information. The Company understands and confirms that the Holder will rely on the foregoing representations in effecting transactions in securities of the Company.

Appears in 4 contracts

Samples: Waiver (Akerna Corp.), Waiver (Akerna Corp.), Waiver (Akerna Corp.)

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No Material Information. On or before 8:30 a.m.The Company hereby agrees and acknowledges that, New York City time, on upon the first Business Day after the Effective Time, the Company shall file filing of a Current Report on Form 8-K describing the terms of disclosing the transactions contemplated by this Waiver Agreement and any other the Aggregated Transactions, the transactions contemplated by this Agreement and the Aggregated Transactions will not constitute material non-public nonpublic information of the Company may have provided to the Holder in relation thereto or otherwise in the form required by the 1934 Act and attaching this Waiver as exhibits to such filing (the “8-K Filing”). From and after the filing of the 8-K Filing with the SEC, the Holder shall not be in possession of any material, nonpublic information received from the Company, any of its Subsidiaries or subsidiaries and that neither the Undersigned nor the Purchasers are subject to any of their respective officers, directors, employees, affiliates or agents, that is not disclosed in the 8-K Filing. In addition, the Company acknowledges and agrees that any and all confidentiality or similar obligations under any agreement, whether written or oral, between the Company, any of its Subsidiaries subsidiaries or any of their respective officers, directors, affiliates, employees or agents agents, including, without limitation, OpCo, on the one hand, and the Holder Undersigned and/or any Purchaser or any of its affiliates their respective affiliates, on the other hand, has terminated as . Except with the express written consent of the date hereof Undersigned and is unless prior thereto the Undersigned and the Company shall have executed a written agreement regarding the confidentiality and use of no further force or effect. The such information, the Company shall not, and shall cause each of its Subsidiaries and its and each of their respective officers, directors, affiliates, employees and agents, including, without limitation, OpCo, not to, provide any Holder the Undersigned or the Purchasers with any material, non-public material nonpublic information regarding the Company or any of its Subsidiaries the Aggregated Transactions from and after the date hereof without the express prior written consent of the Holder. To the extent that the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates employees or agents delivers any material, non-public information to any Holder without the Holder’s consent, including delivery of any Installment Notice with a proposed increased Installment Amount, the Company hereby covenants and agrees that the Holder shall not have any duty of confidentiality to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents with respect to, or a duty to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents not to trade on the basis of, such material, non-public informationhereof. The Company understands and confirms that the Holder Undersigned, the Purchasers and their respective affiliates will rely on the foregoing representations in effecting transactions in securities of the Company. The Company shall not publicly disclose the name of the Undersigned or any Purchaser, or include the name of the Undersigned, any Purchaser or their respective affiliates and investment advisors, in any press release or in any filing with the Commission or any regulatory agency or trading market, without the prior written consent of the Undersigned, except (i) as required by the federal securities laws in connection with the transaction contemplated hereby, and (ii) to the extent such disclosure is required by law, at the request of the Staff of the SEC, any representative of Nasdaq or any other regulatory agency, in which case the Company shall, to the extent practicable, provide the Undersigned with prior written notice of such disclosure and shall reasonably consult with the Undersigned regarding such disclosure.

Appears in 3 contracts

Samples: Private Placement Purchase Agreement (New Mountain Finance Corp), Private Placement Purchase Agreement (New Mountain Finance Corp), Form of Private Placement Purchase Agreement (New Mountain Finance Corp)

No Material Information. On or before 8:30 a.m., New York City time, on the first fourth (4th ) Business Day occurring after the Effective TimeDate, the Company shall file a Current Report on Form 8-K describing the terms of the transactions contemplated by this Waiver and any other material non-public information the Company may have provided to the Holder in relation thereto or otherwise Agreement in the form required by the 1934 Act and attaching this Waiver Agreement as exhibits an exhibit to such filing (the “Agreement 8-K Filing”). On or before the first (1st) Business Day occurring after the fourteenth (14t ) calendar day following the Effective Date, the Company shall file a Current Report on Form 8-K describing any material, non-public information otherwise received by the Collateral Agent and/or any of the Holders, as applicable, from the Company in the form required by the 1934 Act (the “Other 8-K Filing” and together with the Agreement 8-K Filing, the “8-K Filings”). From and after the filing of the 8-K Filing Filings with the SEC, no Holder nor the Holder Collateral Agent shall not be in possession of any material, nonpublic information received from the Company, any of its Subsidiaries or any of their respective officers, directors, employees, affiliates or agents, that is not disclosed in the 8-K FilingFilings. In addition, the Company acknowledges and agrees that any and all confidentiality or similar obligations under any agreement, whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents on the one hand, and each Holder, the Holder or Collateral Agent and/or any of its their affiliates on the other hand, has terminated will terminate as of the date hereof of filing of the Other 8-K Filing and is of no further force or effect. The Company shall not, and shall cause each of its Subsidiaries and its and each of their respective officers, directors, affiliates, employees and agents, not to, provide any Holder and/or the Collateral Agent, as applicable, with any material, non-public information regarding the Company or any of its Subsidiaries from and after the date hereof of the Other 8-K Filing without the express prior written consent of such Holder and/or the Holder. To the extent that the CompanyCollateral Agent, any of its Subsidiaries or any of their respective officers, directors, affiliates employees or agents delivers any material, non-public information to any Holder without the Holder’s consent, including delivery of any Installment Notice with a proposed increased Installment Amount, the Company hereby covenants and agrees that the Holder shall not have any duty of confidentiality to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents with respect to, or a duty to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents not to trade on the basis of, such material, non-public informationas applicable. The Company understands and confirms that the Holder will rely on the foregoing representations in effecting transactions in securities of the Company.

Appears in 1 contract

Samples: Form of Consent and Agreement (Akerna Corp.)

No Material Information. On or before 8:30 a.m., New York City time, on the first Business Day after the Effective Time, the The Company shall file a Current Report on Form 8-K describing the terms of the transactions contemplated by this Waiver and any other material non-public information the Company may have provided to the Holder in relation thereto or otherwise Agreement in the form required by the 1934 Securities Exchange Act of 1934, as amended (the “Exchange Act”) and attaching this Waiver Agreement as exhibits an exhibit to such filing within the time required by the Exchange Act. On or before May 1, 2024, the Company shall file a Current Report on Form 8-K in the form required by the Exchange Act (the “8-K Filing”), and disclosing all material, non-public information delivered to the Required Lender and the Incremental Lender by the Company or any of its Subsidiaries, or any of their respective officers, directors, employees or agents in connection with the transactions contemplated by the Transaction Documents. From and after the filing of the 8-K Filing with the SECSecurities and Exchange Commission, the Holder Required Lender and the Incremental Lender shall not be in possession of any material, nonpublic information received from the Company, any of its Subsidiaries or any of their respective officers, directors, employees, affiliates or agents, that is not disclosed in the 8-K Filing. In addition, the Company acknowledges and agrees that any and all confidentiality or similar obligations under any agreement, whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents on the one hand, and the Holder or Required Lender, the Incremental Lender and/or any of its their affiliates on the other hand, has terminated will terminate as of the date hereof of filing of the 8-K Filing and is of no further force or effect. The Company shall not, and shall cause each of its Subsidiaries and its and each of their respective officers, directors, affiliates, employees and agents, not to, provide any Holder the Required Lender and the Incremental Lender with any material, non-public information regarding the Company or any of its Subsidiaries from and after the date hereof of the 8-K Filing without the express prior written consent of the Holder. To Required Lender and the extent that the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates employees or agents delivers any material, non-public information to any Holder without the Holder’s consent, including delivery of any Installment Notice with a proposed increased Installment Amount, the Company hereby covenants and agrees that the Holder shall not have any duty of confidentiality to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents with respect to, or a duty to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents not to trade on the basis of, such material, non-public informationIncremental Lender. The Company understands and confirms that the Holder Required Lender and the Incremental Lender will rely on the foregoing representations in effecting transactions in securities of the Company.

Appears in 1 contract

Samples: Secured Term Loan Agreement (Nauticus Robotics, Inc.)

No Material Information. On or before 8:30 a.m., New York City time, on the first Business Day after the Effective Time, the The Company shall file a Current Report on Form 8-K describing the terms of hereby agrees and acknowledges that the transactions contemplated by this Waiver and any other material non-public information the Company may have provided to the Holder in relation thereto or otherwise in the form required by the 1934 Act and attaching this Waiver as exhibits to such filing (the “8-K Filing”). From and after the filing of the 8-K Filing with the SEC, the Holder shall Agreement does not be in possession of any constitute material, nonpublic information received from of the Company, Company or any of its Subsidiaries or any of their respective officers, directors, employees, affiliates or agents, and that the undersigned is not disclosed in the 8-K Filing. In addition, the Company acknowledges and agrees that subject to any and all confidentiality or similar obligations under any agreement, whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, affiliatesAffiliates, employees or agents agents, on the one hand, and the Holder undersigned or any of its affiliates Affiliates, on the other hand, has terminated as of the date hereof and is of no further force or effect. The Company shall not, and shall cause each of its Subsidiaries and its and each of their respective officers, directors, affiliatesAffiliates, employees and agents, not to, provide any the Holder with any material, non-public nonpublic information regarding the Company or any of its Subsidiaries from and after the date hereof without the express prior written consent of the Holder. To the extent that the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates Affiliates employees or agents delivers any material, non-public information to any the Holder without the Holder’s consent, including delivery of any Installment Notice with a proposed increased Installment Amount, the Company hereby covenants and agrees that the Holder Holder’s shall not have any duty of confidentiality to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliatesAffiliates, employees or agents with respect to, or a duty to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliatesAffiliates, employees or agents not to trade on the basis of, such material, non-public information. The Company understands and confirms that the Holder undersigned and its affiliates will rely on the foregoing representations in effecting transactions in securities of the Company.

Appears in 1 contract

Samples: Waiver and Amendment Agreement (Real Goods Solar, Inc.)

No Material Information. On or before 8:30 a.m., New York City time, on the first Business Day after the Effective Time, the The Company shall file a Current Report on Form 8-K describing the terms of the transactions contemplated by this Waiver and any other material non-public information the Company may have provided to the Holder in relation thereto or otherwise Amendment in the form required by the 1934 Securities Exchange Act of 1934, as amended (the “Exchange Act”) and attaching this Waiver Amendment as exhibits an exhibit to such filing within the time required by the Exchange Act. On or before February 2, 2024, the Company shall file a Current Report on Form 8-K in the form required by the Exchange Act (the “8-K Filing”), and disclosing all material, non-public information delivered to any of the Lenders by the Company or any of its Subsidiaries, or any of their respective officers, directors, employees or agents in connection with the transactions contemplated by the Transaction Documents. From and after the filing of the 8-K Filing with the SECSecurities and Exchange Commission, the Holder no Lender shall not be in possession of any material, nonpublic information received from the Company, any of its Subsidiaries or any of their respective officers, directors, employees, affiliates or agents, that is not disclosed in the 8-K Filing. In addition, the Company acknowledges and agrees that any and all confidentiality or similar obligations under any agreement, whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents on the one hand, and the Holder or any Lender and/or any of its their affiliates on the other hand, has terminated will terminate as of the date hereof of filing of the 8-K Filing and is of no further force or effect. The Company shall not, and shall cause each of its Subsidiaries and its and each of their respective officers, directors, affiliates, employees and agents, not to, provide any Holder Lender with any material, non-public information regarding the Company or any of its Subsidiaries from and after the date hereof of the 8-K Filing without the express prior written consent of the Holder. To the extent that the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates employees or agents delivers any material, non-public information to any Holder without the Holder’s consent, including delivery of any Installment Notice with a proposed increased Installment Amount, the Company hereby covenants and agrees that the Holder shall not have any duty of confidentiality to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents with respect to, or a duty to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents not to trade on the basis of, such material, non-public informationLender. The Company understands and confirms that the Holder each Lender will rely on the foregoing representations in effecting transactions in securities of the Company.

Appears in 1 contract

Samples: Senior Secured Term Loan Agreement (Nauticus Robotics, Inc.)

No Material Information. On or before 8:30 a.m., New York City time, on the first Business Day after the Effective Time, the Company shall file a Current Report on Form 8-K describing the terms of the transactions contemplated by this Waiver and any other material non-public information the Company may have provided to the Holder in relation thereto or otherwise in the form required by the 1934 Act and attaching this Waiver as exhibits to such filing (the “8-K Filing”). From and after the filing of the 8-K Filing with the SEC, the Holder shall not be in possession of any material, nonpublic information received from the Company, any of its Subsidiaries or any of their respective officers, directors, employees, affiliates or agents, that is not disclosed in the 8-K Filing. In addition, the Company acknowledges and agrees that any and all confidentiality or similar obligations under any agreement, whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents on the one hand, and the Holder or any of its affiliates on the other hand, has terminated as of the date hereof and is of no further force or effect. The Company shall not, and shall cause each of its Subsidiaries subsidiaries and its and each of their respective officers, directors, affiliates, employees and agents, not to, provide any Holder the undersigned Preferred Stock Holders with any material, non-public information regarding the Company or any of its Subsidiaries MNPI from and after the date hereof without the express prior written consent of the Holderundersigned Preferred Stock Holders. To the extent the Company is required to deliver a notice containing MNPI to the undersigned Preferred Stock Holders pursuant to the Series A Purchase Agreement or the Series A Certificate of Designation, the Company shall request from the undersigned Preferred Stock Holder whether it wishes to receive such notice containing MNPI without identifying such MNPI (and the Company shall be deemed to have provided such notice on the date such request is delivered) and the Company shall only proceed to (and will only be required to) deliver such notice containing MNPI to the undersigned Preferred Stock Holder if the undersigned Preferred Stock Holder consents in writing to receive such notice containing MNPI. If the undersigned Preferred Stock Holder does not consent in writing to receive such notice, such undersigned Preferred Stock Holder will be deemed to have waived its right to such notice. To the extent that the Company, any of its Subsidiaries subsidiaries or any of their respective officers, directors, affiliates employees or agents delivers any material, non-public information MNPI to any the undersigned Preferred Stock Holder without the Holder’s its prior written consent, including delivery of any Installment Notice with a proposed increased Installment Amount, the Company hereby covenants and agrees that the undersigned Preferred Stock Holder shall not have any duty of confidentiality to the Company, any of its Subsidiaries subsidiaries or any of their respective officers, directors, affiliates, employees or agents with respect to, or a duty to the Company, any of its Subsidiaries subsidiaries or any of their respective officers, directors, affiliates, employees or agents not to trade on the basis of, such material, non-public informationMNPI. The Company understands and confirms that the undersigned Preferred Stock Holder and its affiliates will rely on the foregoing representations in effecting transactions in securities of the Company.

Appears in 1 contract

Samples: Consent and Waiver Agreement (Benefit Street Partners LLC)

No Material Information. On or before 8:30 8 30 a.m., New York ork City time, on the first fourth (4t ) Business Day occurring after the Effective TimeDate, the Company shall file a Current Report on Form 8-K describing the terms of the transactions contemplated by this Waiver and any other material non-public information the Company may have provided to the Holder in relation thereto or otherwise Agreement in the form required by the 1934 Act and attaching this Waiver Agreement as exhibits an exhibit to such filing (the “Agreement 8-K Filing”). On or before the first (1st) Business Day occurring after the fourteenth (14t ) calendar day following the Effective Date, the Company shall file a Current Report on Form 8-K describing any material, non-public information otherwise received by the Collateral Agent and/or any of the Holders, as applicable, from the Company in the form required by the 1934 Act (the “Other 8-K Filing” and together with the Agreement 8-K Filing, the “8-K Filings”). From and after the filing of the 8-K Filing Filings with the SEC, no Holder nor the Holder Collateral Agent shall not be in possession of any material, nonpublic information received from the Company, any of its Subsidiaries or any of their respective officers, directors, employees, affiliates or agents, that is not disclosed in the 8-K FilingFilings. In addition, the Company acknowledges and agrees that any and all confidentiality or similar obligations under any agreement, whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents on the one hand, and each Holder, the Holder or Collateral Agent and/or any of its their affiliates on the other hand, has terminated will terminate as of the date hereof of filing of the Other 8-K Filing and is of no further force or effect. The Company shall not, and shall cause each of its Subsidiaries and its and each of their respective officers, directors, affiliates, employees and agents, not to, provide any Holder and/or the Collateral Agent, as applicable, with any material, non-public information regarding the Company or any of its Subsidiaries from and after the date hereof of the Other 8-K Filing without the express prior written consent of the Holder. To the extent that the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates employees or agents delivers any material, non-public information to any Holder without the Holder’s consent, including delivery of any Installment Notice with a proposed increased Installment Amount, the Company hereby covenants and agrees that the Holder shall not have any duty of confidentiality to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents with respect to, or a duty to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents not to trade on the basis of, such material, non-public informationCollateral Agent. The Company understands and confirms that the Holder Collateral Agent will rely on the foregoing representations in effecting transactions in securities of the Company.

Appears in 1 contract

Samples: Release and Agreement (Akerna Corp.)

No Material Information. On or before 8:30 a.m., New York City time, on the first Business Day after the Effective Time, the The Company shall file a Current Report on Form 8-K describing the terms of the transactions contemplated by this Waiver and any other material non-public information the Company may have provided to the Holder in relation thereto or otherwise Agreement in the form required by the 1934 Securities Exchange Act of 1934, as amended (the “Exchange Act”) and attaching this Waiver Agreement as exhibits an exhibit to such filing within the time required by the Exchange Act. On or before January 15, 2024, the Company shall file a Current Report on Form 8-K in the form required by the Exchange Act (the “8-K Filing”), and disclosing all material, non-public information delivered to any of the Incremental Lenders by the Company or any of its Subsidiaries, or any of their respective officers, directors, employees or agents in connection with the transactions contemplated by the Transaction Documents. From and after the filing of the 8-K Filing with the SECSecurities and Exchange Commission, the Holder no Incremental Lender shall not be in possession of any material, nonpublic information received from the Company, any of its Subsidiaries or any of their respective officers, directors, employees, affiliates or agents, that is not disclosed in the 8-K Filing. In addition, the Company acknowledges and agrees that any and all confidentiality or similar obligations under any agreement, whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents on the one hand, and the Holder or any Incremental Lender and/or any of its their affiliates on the other hand, has terminated will terminate as of the date hereof of filing of the 8-K Filing and is of no further force or effect. The Company shall not, and shall cause each of its Subsidiaries and its and each of their respective officers, directors, affiliates, employees and agents, not to, provide any Holder Incremental Lender with any material, non-public information regarding the Company or any of its Subsidiaries from and after the date hereof of the 8-K Filing without the express prior written consent of the Holder. To the extent that the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates employees or agents delivers any material, non-public information to any Holder without the Holder’s consent, including delivery of any Installment Notice with a proposed increased Installment Amount, the Company hereby covenants and agrees that the Holder shall not have any duty of confidentiality to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents with respect to, or a duty to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents not to trade on the basis of, such material, non-public informationIncremental Lender. The Company understands and confirms that the Holder each Incremental Lender will rely on the foregoing representations in effecting transactions in securities of the Company.

Appears in 1 contract

Samples: Senior Secured Term Loan Agreement (Nauticus Robotics, Inc.)

No Material Information. On or before 8:30 a.m., New York City time, on the first fourth (4t ) Business Day occurring after the Effective TimeDate, the Company shall file a Current Report on Form 8-K describing the terms of the transactions contemplated by this Waiver and any other material non-public information the Company may have provided to the Holder in relation thereto or otherwise Agreement in the form required by the 1934 Act and attaching this Waiver Agreement as exhibits an exhibit to such filing (the “Agreement 8-K Filing”). On or before the first (1st) Business Day occurring after the fourteenth (14t ) calendar day following the Effective Date, the Company shall file a Current Report on Form 8-K describing any material, non-public information otherwise received by the Collateral Agent and/or any of the Holders, as applicable, from the Company in the form required by the 1934 Act (the “Other 8-K Filing” and together with the Agreement 8-K Filing, the “8-K Filings”). From and after the filing of the 8-K Filing Filings with the SEC, no Holder nor the Holder Collateral Agent shall not be in possession of any material, nonpublic information received from the Company, any of its Subsidiaries or any of their respective officers, directors, employees, affiliates or agents, that is not disclosed in the 8-K FilingFilings. In addition, the Company acknowledges and agrees that any and all confidentiality or similar obligations under any agreement, whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents on the one hand, and each Holder, the Holder or Collateral Agent and/or any of its their affiliates on the other hand, has terminated will terminate as of the date hereof of filing of the Other 8-K Filing and is of no further force or effect. The Company shall not, and shall cause each of its Subsidiaries and its and each of their respective officers, directors, affiliates, employees and agents, not to, provide any Holder and/or the Collateral Agent, as applicable, with any material, non-public information regarding the Company or any of its Subsidiaries from and after the date hereof of the Other 8-K Filing without the express prior written consent of the Holder. To the extent that the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates employees or agents delivers any material, non-public information to any Holder without the Holder’s consent, including delivery of any Installment Notice with a proposed increased Installment Amount, the Company hereby covenants and agrees that the Holder shall not have any duty of confidentiality to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents with respect to, or a duty to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents not to trade on the basis of, such material, non-public informationCollateral Agent. The Company understands and confirms that the Holder Collateral Agent will rely on the foregoing representations in effecting transactions in securities of the Company.

Appears in 1 contract

Samples: Release and Agreement (Akerna Corp.)

No Material Information. On or before 8:30 a.m., New York City time, on the first (1st ) Business Day occurring after the Effective TimeDate, the Company shall file a Current Report on Form 8-K describing the terms of the transactions contemplated by this Waiver and any other material non-public information the Company may have provided to the Holder in relation thereto or otherwise Agreement in the form required by the 1934 Act and attaching this Waiver Agreement as exhibits an exhibit to such filing (the “8-K Filing”). From and after the filing of the 8-K Filing with the SEC, no Holder nor the Holder Collateral Agent shall not be in possession of any material, nonpublic information received from the Company, any of its Subsidiaries or any of their respective officers, directors, employees, affiliates or agents, that is not disclosed in the 8-K Filing. In addition, the Company acknowledges and agrees that any and all confidentiality or similar obligations under any agreement, whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents on the one hand, and each Holder, the Holder or Collateral Agent and/or any of its their affiliates on the other hand, has terminated will terminate as of the date hereof of filing of the 8-K Filing and is of no further force or effect. The Company shall not, and shall cause each of its Subsidiaries and its and each of their respective officers, directors, affiliates, employees and agents, not to, provide any Holder and/or the Collateral Agent, as applicable, with any material, non-public information regarding the Company or any of its Subsidiaries from and after the date hereof of the 8-K Filing without the express prior written consent of such Holder and/or the Holder. To the extent that the CompanyCollateral Agent, any of its Subsidiaries or any of their respective officers, directors, affiliates employees or agents delivers any material, non-public information to any Holder without the Holder’s consent, including delivery of any Installment Notice with a proposed increased Installment Amount, the Company hereby covenants and agrees that the Holder shall not have any duty of confidentiality to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents with respect to, or a duty to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents not to trade on the basis of, such material, non-public informationas applicable. The Company understands and confirms that the Holder will rely on the foregoing representations in effecting transactions in securities of the Company.

Appears in 1 contract

Samples: Consent and Agreement (Akerna Corp.)

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No Material Information. On or before 8:30 a.m., New York City time, on the first Business Day after the Effective Time, the Company shall file a Current Report on Form 8-K describing the terms of the transactions contemplated by this Waiver and any other material non-public information the Company may have provided to the Holder in relation thereto or otherwise in the form required by the 1934 Act and attaching this Waiver as exhibits to such filing (the “8-K Filing”). From and after the filing of the 8-K Filing with the SEC, the Holder shall not be in possession of any material, nonpublic information received from the Company, any of its Subsidiaries or any of their respective officers, directors, employees, affiliates or agents, that is not disclosed in the 8-K Filing. The Company agrees in relation to any waived increased Installment Amount set forth in an Installment Notice delivered by the Company, if such increased Installment Amount constitutes material, nonpublic information, the Company shall (i) state in the Installment Notice that the Company believes that the increased Installment Amount is material, nonpublic information, (ii) only deliver such Installment Notice after 4:00 p.m., New York City time and (iii) promptly file a Form 8-K disclosing the increased Installment Amount no later than on or before 8:30 a.m., New York City time on the first Business Day after delivery of such Installment Notice, pursuant to Section 4(i)(iii) of the SPA. If the Company does not make such statement in the Installment Notice as provided in the immediately preceding sentence, the Holder will be entitled to treat the increased Installment Amount as not being material, nonpublic information. The confirmation of the Holder of any increased Installment Amount will not be material, non-public information. In addition, the Company acknowledges and agrees that any and all confidentiality or similar obligations under any agreement, whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents on the one hand, and the Holder or any of its affiliates on the other hand, has terminated as of the date hereof and is of no further force or effect. The Company shall not, and shall cause each of its Subsidiaries and its and each of their respective officers, directors, affiliates, employees and agents, not to, provide any Holder with any material, non-public information regarding the Company or any of its Subsidiaries from and after the date hereof without the express prior written consent of the Holder. To the extent that the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates employees or agents delivers any material, non-public information to any Holder without the Holder’s consent, including delivery of any Installment Notice with a proposed increased Installment Amount, the Company hereby covenants and agrees that the Holder shall not have any duty of confidentiality to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents with respect to, or a duty to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents not to trade on the basis of, such material, non-public information. The Company understands and confirms that the Holder will rely on the foregoing representations in effecting transactions in securities of the Company.

Appears in 1 contract

Samples: Waiver (Akerna Corp.)

No Material Information. On or before 8:30 a.m., New York City time, on the first fourth (4th) Business Day occurring after the Effective TimeDate, the Company shall file a Current Report on Form 8-K describing the terms of the transactions contemplated by this Waiver and any other material non-public information the Company may have provided to the Holder in relation thereto or otherwise Agreement in the form required by the 1934 Act and attaching this Waiver Agreement as exhibits an exhibit to such filing (the “Agreement 8-K Filing”). On or before the first (1st) Business Day occurring after the fourteenth (14th) calendar day following the Effective Date, the Company shall file a Current Report on Form 8-K describing any material, non-public information otherwise received by the Secured Party, as applicable, from the Company in the form required by the 1934 Act (the “Other 8-K Filing” and together with the Agreement 8-K Filing, the “8-K Filings”). From and after the filing of the 8-K Filing Filings with the SEC, the Holder Secured Party shall not be in possession of any material, nonpublic information received from the Company, any of its Subsidiaries or any of their respective officers, directors, employees, affiliates or agents, that is not disclosed in the 8-K FilingFilings. In addition, the Company acknowledges and agrees that any and all confidentiality or similar obligations under any agreement, whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents on the one hand, and the Holder or Secured Party and/or any of its their affiliates on the other hand, has terminated will terminate as of the date hereof of filing of the Other 8-K Filing and is of no further force or effect. The Company shall not, and shall cause each of its Subsidiaries and its and each of their respective officers, directors, affiliates, employees and agents, not to, provide any Holder the Secured Party with any material, non-public information regarding the Company or any of its Subsidiaries from and after the date hereof of the Other 8-K Filing without the express prior written consent of the Holder. To the extent that the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates employees or agents delivers any material, non-public information to any Holder without the Holder’s consent, including delivery of any Installment Notice with a proposed increased Installment Amount, the Company hereby covenants and agrees that the Holder shall not have any duty of confidentiality to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents with respect to, or a duty to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents not to trade on the basis of, such material, non-public informationSecured Party. The Company understands and confirms that the Holder Secured Party will rely on the foregoing representations in effecting transactions in securities of the Company.

Appears in 1 contract

Samples: Release and Agreement (Akerna Corp.)

No Material Information. On or before 8:30 a.m., New York ork City time, on the first fourth (4t ) Business Day occurring after the Effective TimeDate, the Company shall file a Current Report on Form 8-K describing the terms of the transactions contemplated by this Waiver and any other material non-public information the Company may have provided to the Holder in relation thereto or otherwise Agreement in the form required by the 1934 Act and attaching this Waiver Agreement as exhibits an exhibit to such filing (the “Agreement 8-K Filing”). On or before the first (1st) Business Day occurring after the fourteenth (14t ) calendar day following the Effective Date, the Company shall file a Current Report on Form 8-K describing any material, non-public information otherwise received by the Collateral Agent and/or any of the Holders, as applicable, from the Company in the form required by the 1934 Act (the “Other 8-K Filing” and together with the Agreement 8-K Filing, the “8-K Filings”). From and after the filing of the 8-K Filing Filings with the SEC, no Holder nor the Holder Collateral Agent shall not be in possession of any material, nonpublic information received from the Company, any of its Subsidiaries or any of their respective officers, directors, employees, affiliates or agents, that is not disclosed in the 8-K FilingFilings. In addition, the Company acknowledges and agrees that any and all confidentiality or similar obligations under any agreement, whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents on the one hand, and each Holder, the Holder or Collateral Agent and/or any of its their affiliates on the other hand, has terminated will terminate as of the date hereof of filing of the Other 8-K Filing and is of no further force or effect. The Company shall not, and shall cause each of its Subsidiaries and its and each of their respective officers, directors, affiliates, employees and agents, not to, provide any Holder and/or the Collateral Agent, as applicable, with any material, non-public information regarding the Company or any of its Subsidiaries from and after the date hereof of the Other 8-K Filing without the express prior written consent of such Holder and/or the Holder. To the extent that the CompanyCollateral Agent, any of its Subsidiaries or any of their respective officers, directors, affiliates employees or agents delivers any material, non-public information to any Holder without the Holder’s consent, including delivery of any Installment Notice with a proposed increased Installment Amount, the Company hereby covenants and agrees that the Holder shall not have any duty of confidentiality to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents with respect to, or a duty to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents not to trade on the basis of, such material, non-public informationas applicable. The Company understands and confirms that the Holder will rely on the foregoing representations in effecting transactions in securities of the Company.

Appears in 1 contract

Samples: Consent and Agreement (Akerna Corp.)

No Material Information. On or before 8:30 a.m., New York City time, on the first first(1st) Business Day occurring after the Effective TimeDate, the Company shall file a Current Report on Form 8-K describing the terms of the transactions contemplated by this Waiver Release and any other material non-public information the Company may have provided to the Holder in relation thereto or otherwise Termination in the form required by the 1934 Act and attaching this Waiver Release and Termination as exhibits an exhibit to such filing (the “8-K Filing”). From and after the filing of the 8-K Filing with the SEC, no Holder nor the Holder Collateral Agent shall not be in possession of any material, nonpublic information received from the Company, any of its Subsidiaries or any of their respective officers, directors, employees, affiliates or agents, that is not disclosed in the 8-K Filing. In addition, the Company acknowledges and agrees that any and all confidentiality or similar obligations under any agreement, whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents on the one hand, and each Holder, the Holder or Collateral Agent and/or any of its their affiliates on the other hand, has terminated will terminate as of the date hereof of filing of the 8-K Filing and is of no further force or effect. The Company shall not, and shall cause each of its Subsidiaries and its and each of their respective officers, directors, affiliates, employees and agents, not to, provide any Holder and/or the Collateral Agent, as applicable, with any material, non-public information regarding the Company or any of its Subsidiaries from and after the date hereof of the 8-K Filing without the express prior written consent of the Holder. To the extent that the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates employees or agents delivers any material, non-public information to any Holder without the Holder’s consent, including delivery of any Installment Notice with a proposed increased Installment Amount, the Company hereby covenants and agrees that the Holder shall not have any duty of confidentiality to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents with respect to, or a duty to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents not to trade on the basis of, such material, non-public informationCollateral Agent. The Company understands and confirms that the Holder Collateral Agent will rely on the foregoing representations in effecting transactions in securities of the Company.

Appears in 1 contract

Samples: Release and Termination of Security Agreements (Akerna Corp.)

No Material Information. On or before 8:30 a.m., New York City time, on the first Business Day after the Effective Time, the The Company shall file a Current Report on Form 8-K describing the terms of the transactions contemplated by this Waiver and any other material non-public information the Company may have provided to the Holder in relation thereto or otherwise Agreement in the form required by the 1934 Securities Exchange Act of 1934, as amended (the “Exchange Act”) and attaching this Waiver Agreement as exhibits an exhibit to such filing within the time required by the Exchange Act. On or before February 2, 2024, the Company shall file a Current Report on Form 8-K in the form required by the Exchange Act (the “8-K Filing”), and disclosing all material, non-public information delivered to any of the Incremental Lenders by the Company or any of its Subsidiaries, or any of their respective officers, directors, employees or agents in connection with the transactions contemplated by the Transaction Documents. From and after the filing of the 8-K Filing with the SECSecurities and Exchange Commission, the Holder no Incremental Lender shall not be in possession of any material, nonpublic information received from the Company, any of its Subsidiaries or any of their respective officers, directors, employees, affiliates or agents, that is not disclosed in the 8-K Filing. In addition, the Company acknowledges and agrees that any and all confidentiality or similar obligations under any agreement, whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents on the one hand, and the Holder or any Incremental Lender and/or any of its their affiliates on the other hand, has terminated will terminate as of the date hereof of filing of the 8-K Filing and is of no further force or effect. The Company shall not, and shall cause each of its Subsidiaries and its and each of their respective officers, directors, affiliates, employees and agents, not to, provide any Holder Incremental Lender with any material, non-public information regarding the Company or any of its Subsidiaries from and after the date hereof of the 8-K Filing without the express prior written consent of the Holder. To the extent that the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates employees or agents delivers any material, non-public information to any Holder without the Holder’s consent, including delivery of any Installment Notice with a proposed increased Installment Amount, the Company hereby covenants and agrees that the Holder shall not have any duty of confidentiality to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents with respect to, or a duty to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents not to trade on the basis of, such material, non-public informationIncremental Lender. The Company understands and confirms that the Holder each Incremental Lender will rely on the foregoing representations in effecting transactions in securities of the Company.

Appears in 1 contract

Samples: Second Agreement Regarding Incremental Loans (Nauticus Robotics, Inc.)

No Material Information. On or before 8:30 a.m., New York City time, on the first fourth (4t h) Business Day occurring after the Effective TimeDate, the Company shall file a Current Report on Form 8-K describing the terms of the transactions contemplated by this Waiver and any other material non-public information the Company may have provided to the Holder in relation thereto or otherwise Agreement in the form required by the 1934 Act and attaching this Waiver Agreement as exhibits an exhibit to such filing (the “Agreement 8-K Filing”). On or before the first (1st) Business Day occurring after the fourteenth (14t h) calendar day following the Effective Date, the Company shall file a Current Report on Form 8-K describing any material, non-public information otherwise received by the Secured Party, as applicable, from the Company in the form required by the 1934 Act (the “Other 8-K Filing” and together with the Agreement 8-K Filing, the “8-K Filings”). From and after the filing of the 8-K Filing Filings with the SEC, the Holder Secured Party shall not be in possession of any material, nonpublic information received from the Company, any of its Subsidiaries or any of their respective officers, directors, employees, affiliates or agents, that is not disclosed in the 8-K FilingFilings. In addition, the Company acknowledges and agrees that any and all confidentiality or similar obligations under any agreement, whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents on the one hand, and the Holder or Secured Party and/or any of its their affiliates on the other hand, has terminated will terminate as of the date hereof of filing of the Other 8-K Filing and is of no further force or effect. The Company shall not, and shall cause each of its Subsidiaries and its and each of their respective officers, directors, affiliates, employees and agents, not to, provide any Holder the Secured Party with any material, non-public information regarding the Company or any of its Subsidiaries from and after the date hereof of the Other 8-K Filing without the express prior written consent of the Holder. To the extent that the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates employees or agents delivers any material, non-public information to any Holder without the Holder’s consent, including delivery of any Installment Notice with a proposed increased Installment Amount, the Company hereby covenants and agrees that the Holder shall not have any duty of confidentiality to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents with respect to, or a duty to the Company, any of its Subsidiaries or any of their respective officers, directors, affiliates, employees or agents not to trade on the basis of, such material, non-public informationSecured Party. The Company understands and confirms that the Holder Secured Party will rely on the foregoing representations in effecting transactions in securities of the Company.

Appears in 1 contract

Samples: Release and Termination of Security Agreements (Akerna Corp.)

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