Common use of No Negotiations Clause in Contracts

No Negotiations. Neither Transferor nor the Company shall, and neither shall permit its respective officers, employees, partners, Affiliates, representatives, agents, and anyone acting on behalf of any of them to, directly or indirectly, encourage, facilitate, solicit, initiate or engage in discussions or negotiations with, provide any nonpublic information or assistance to, consider the merits of any inquiries or proposals from, or enter into any letter of intent, agreement in principle, option agreement, purchase agreement, merger agreement, acquisition agreement or any other similar agreement with any Person concerning any merger, sale of assets, purchase or sale of securities or similar transaction involving, directly or indirectly, Transferor or the Company. Transferor and the Company shall notify HSE of such inquiries or proposals (including in such notification the identity of the Person making the inquiry or proposal and the terms thereof), if any, and of any subsequent communications by the Person making such inquiry or proposal, in each case within twenty-four (24) hours of the making thereof.

Appears in 4 contracts

Samples: LLC Interest Transfer Agreement, LLC Interest Transfer Agreement, LLC Interest Transfer Agreement (NGL Energy Partners LP)

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No Negotiations. Neither Transferor Transferors nor the Company shall, and neither shall permit its respective officers, employees, partners, Affiliates, representatives, agents, and anyone acting on behalf of any of them to, directly or indirectly, encourage, facilitate, solicit, initiate or engage in discussions or negotiations with, provide any nonpublic information or assistance to, consider the merits of any inquiries or proposals from, or enter into any letter of intent, agreement in principle, option agreement, purchase agreement, merger agreement, acquisition agreement or any other similar agreement with any Person concerning any merger, sale of assets, purchase or sale of securities or similar transaction involving, directly or indirectly, Transferor Transferors or the Company. Transferor Transferors and the Company shall notify HSE of such inquiries or proposals (including in such notification the identity of the Person making the inquiry or proposal and the terms thereof), if any, and of any subsequent communications by the Person making such inquiry or proposal, in each case within twenty-four (24) hours of the making thereof.

Appears in 3 contracts

Samples: LLC Interest Transfer Agreement, LLC Interest Transfer Agreement (NGL Energy Partners LP), LLC Interest Transfer Agreement (NGL Energy Partners LP)

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No Negotiations. Neither Transferor Transferors nor the any Company shall, and neither shall permit its respective officers, employees, partners, Affiliates, representatives, agents, and anyone acting on behalf of any of them to, directly or indirectly, encourage, facilitate, solicit, initiate or engage in discussions or negotiations with, provide any nonpublic information or assistance to, consider the merits of any inquiries or proposals from, or enter into any letter of intent, agreement in principle, option agreement, purchase agreement, merger agreement, acquisition agreement or any other similar agreement with any Person concerning any merger, sale of assets, purchase or sale of securities or similar transaction involving, directly or indirectly, Transferor Transferors or the any Company. Transferor Transferors and the each Company shall notify HSE of such inquiries or proposals (including in such notification the identity of the Person making the inquiry or proposal and the terms thereof), if any, and of any subsequent communications by the Person making such inquiry or proposal, in each case within twenty-four (24) hours of the making thereof.

Appears in 1 contract

Samples: LLC Interest Transfer Agreement (NGL Energy Partners LP)

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