No Public Announcements. Prior to Closing, without the prior written consent of the other parties, neither IFT nor TNCI shall make any press release or other public disclosure, or make any statement to any customer, supplier or other person with regard to the transactions contemplated by this Agreement, except as may be required by any applicable securities laws or regulations; provided, however, that TNCI and IFT may each issue a press release and file such other reports and make such other disclosure as may be required by applicable securities law or the rules or regulations of NASDAQ or the Boston Stock Exchange upon execution of this Agreement. Each party shall provide the other with any such press release or other disclosure document prior to its release for review and comment. After Closing, without the prior written consent of each of TNCI and IFT, neither party shall make any press release or other public disclosure, or make any statement to any customer, supplier or other person with regard to the transactions contemplated by this Agreement, except as required by applicable securities laws or regulations or the rules of regulations of NASDAQ or the Boston Stock Exchange.
Appears in 4 contracts
Samples: Asset Purchase Agreement (Interactive Flight Technologies Inc), Asset Purchase Agreement (Network Connection Inc), Asset Purchase Agreement (Network Connection Inc)