No Solicitation; Acquisition Proposals. From the date hereof until the Closing or until this Agreement is terminated or abandoned as provided in Article 7, neither the Sellers nor the Shareholders shall directly or indirectly (i) solicit or initiate (including by way of furnishing any information) discussions with or (ii) enter into negotiations or agreements with, or furnish any information to, any corporation, partnership, person or other entity or group (other than Purchaser, or its authorized representatives pursuant to this Agreement) concerning any proposal for a merger, sale of substantial assets, sale of shares of stock or securities or other takeover or business combination transaction involving the Business or the Assets (the "Acquisition Proposal"), and each of the Sellers and Shareholders will instruct their respective officers, directors, advisors and other financial and legal representatives and consultants not to take any action contrary to the foregoing provisions of this sentence. The Sellers and Shareholders will notify Purchaser promptly in writing if any of them become aware that any inquiries or proposals are received by, any information is requested from, or any negotiations or discussions are sought to be initiated with any of the Sellers or Shareholders or their representatives with respect to an Acquisition Proposal.
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Samples: Asset Purchase Agreement (Healthcare Recoveries Inc)
No Solicitation; Acquisition Proposals. From the date hereof until the Closing or until this Agreement is terminated or abandoned as provided in Article 7, neither the Sellers Seller nor the Shareholders Shareholder shall directly or indirectly (i) solicit or initiate (including by way of furnishing any information) discussions with or (ii) enter into negotiations or agreements with, or furnish any information to, any corporation, partnership, person or other entity or group (other than Purchaser, or its authorized representatives pursuant to this Agreement) concerning any proposal for a merger, sale of substantial assets, sale of shares of stock or securities or other takeover or business combination transaction involving the Business or the Assets (the "Acquisition Proposal"), and each of the Sellers Seller and Shareholders Shareholder will instruct their its respective officers, directors, advisors and other financial and legal representatives and consultants as applicable, not to take any action contrary to the foregoing provisions of this sentence. The Sellers Seller and Shareholders Shareholder will notify Purchaser promptly in writing if any of them become aware that any inquiries or proposals are received by, any information is requested from, or any negotiations or discussions are sought to be initiated with any of the Sellers Seller or Shareholders Shareholder or their representatives with respect to an Acquisition Proposal.
Appears in 1 contract
Samples: Asset Purchase Agreement (Healthcare Recoveries Inc)
No Solicitation; Acquisition Proposals. From the date hereof until the Closing or until this Agreement is terminated or abandoned as provided in Article 7, neither the Sellers nor the Shareholders Seller shall not directly or indirectly (i) solicit or initiate (including by way of furnishing any information) discussions with or (ii) enter into negotiations or agreements with, or furnish any information to, any corporation, partnership, person or other entity or group (other than Purchaser, Purchaser or its authorized representatives pursuant to this Agreement) concerning any proposal for a merger, sale of substantial assets, sale of shares of stock or securities or other takeover or business combination transaction involving the Business or the Assets (the "Acquisition Proposal")) involving the Business or the Purchased Assets, and each of the Sellers and Shareholders Seller will instruct their respective its officers, directors, advisors and other financial and legal representatives and consultants not to take any action contrary to the foregoing provisions of this sentenceSection 5.3. The Sellers and Shareholders Seller will notify Purchaser promptly in writing if any of them shall become aware that any inquiries or proposals are received by, any information is requested from, or any negotiations or discussions are sought to be initiated with any of the Sellers Seller or Shareholders or their its representatives with respect to an Acquisition Proposal.
Appears in 1 contract
Samples: Asset Purchase Agreement (Horizon Medical Products Inc)
No Solicitation; Acquisition Proposals. From the date hereof until -------------------------------------- the Closing or until this Agreement is terminated or abandoned as provided in Article 79, neither the Sellers nor the Shareholders Seller shall not directly or indirectly (i) solicit or initiate (including by way of furnishing any information) discussions with or (ii) enter into negotiations or agreements with, or furnish any information to, any corporation, partnership, person or other entity or group (other than Purchaser, Purchaser or its authorized representatives pursuant to this Agreement) concerning any proposal for a merger, sale of substantial assets, sale of shares of stock or securities or other takeover or business combination transaction involving the Business or the Assets (the "Acquisition Proposal")) involving the Business or the Purchased Assets, and each of the Sellers and Shareholders Seller will instruct their respective its officers, directors, advisors and other financial and legal representatives and consultants not to take any action contrary to the foregoing provisions of this sentence. The Sellers and Shareholders Seller will notify Purchaser promptly in writing if any of them become it becomes aware that any inquiries or proposals are received by, any information is requested from, or any negotiations or discussions are sought to be initiated with any of the Sellers it or Shareholders or their its representatives with respect to an Acquisition Proposal.
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