Common use of No Relinquishment of Rights Clause in Contracts

No Relinquishment of Rights. The Company shall not, and shall not permit any of its Subsidiaries to, (i) relinquish, waive or release any material contractual or other right or claim, (ii) settle any material action, suit, claim, investigation or other proceeding or (iii) knowingly dispose of or permit to lapse any rights in any material Intellectual Property or knowingly disclose to any Person not an employee of the Company or any Subsidiary of the Company or otherwise knowingly dispose of any trade secret, process or knowhow not a matter of public knowledge prior to the date of this Agreement, except pursuant to judicial order or process.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Dupont E I De Nemours & Co), Agreement and Plan of Merger (Pioneer Hi Bred International Inc)

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No Relinquishment of Rights. The Company shall not, and shall not permit any of its Subsidiaries to, (i) relinquish, waive or release any material contractual or other right or claim, (ii) settle any material action, suit, claim, investigation or other proceeding or (iii) knowingly dispose of or permit to lapse any rights in any material Intellectual Property or knowingly disclose to any Person not an employee of the Company or any Subsidiary of the Company its Subsidiaries or otherwise knowingly dispose of any material trade secret, process or knowhow know-how not a matter of public knowledge prior to the date of this Agreement, except pursuant to judicial order or processprocess or as required by law or regulation.

Appears in 2 contracts

Samples: Agreement and Plan of Recapitalization (Nortek Inc), Agreement and Plan of Recapitalization (Nortek Inc)

No Relinquishment of Rights. The Company shall not, and shall not permit any of its Subsidiaries to, (i) relinquish, waive or release any material contractual or other right or claim, (ii) settle any material action, suit, claim, investigation or other proceeding or (iii) knowingly dispose of or permit to lapse any rights in any material Intellectual Property or knowingly disclose to any Person not an employee of the Company or any Subsidiary of the Company or otherwise knowingly dispose of any material trade secret, process or knowhow not a matter of public knowledge prior to the date of this Agreement, except pursuant to judicial order or process.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Precision Response Corp), Agreement and Plan of Merger (Usa Networks Inc)

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No Relinquishment of Rights. The Company shall not, and shall not permit any of its Subsidiaries to, (i) relinquish, waive or release any material contractual or other right or claim, (ii) settle any material action, suit, claim, investigation or other proceeding Action or (iii) knowingly dispose of or permit to lapse (prior to the full term) any rights in any material Intellectual Property or knowingly disclose to any Person not an employee of the Company or any Subsidiary of the Company its Subsidiaries or otherwise knowingly dispose of any material trade secret, process or knowhow know-how not a matter of public knowledge prior to the date of this Agreement, except (x) pursuant to judicial order or processprocess or (y) as required by Law.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nortek Holdings Inc)

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