Common use of No Solicitation of Offers Clause in Contracts

No Solicitation of Offers. Seller shall not, directly or indirectly, through any officer, director, employee, agent or otherwise, (i) solicit, initiate or encourage the submission of proposals or offers from any person relating to any acquisition or purchase of all or a material amount of the assets of, or any equity interest in, or any merger, consolidation or business combination with Seller (an "Acquisition Proposal"), or (ii) participate in any discussion or negotiation regarding, or furnish to any other person any information with respect to, or otherwise cooperate in any way with or assist, facilitate or encourage, any Acquisition Proposal by any other person.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Stratus Services Group Inc), Asset Purchase Agreement (Stratus Services Group Inc)

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No Solicitation of Offers. No Seller shall notshall, directly or indirectly, through any officer, director, employee, agent or otherwise, (iA) solicit, initiate or encourage the submission of proposals or offers from any person Person relating to any acquisition or purchase of all or a material amount of the assets of, or any equity interest in, or any merger, consolidation or business combination with Seller with, the Business (an "Acquisition Proposal"), or (iiB) participate in any discussion or negotiation regarding, or furnish to any other person Person any information with respect to, or otherwise cooperate in any way with or assist, facilitate or encourage, any Acquisition Proposal by any other personPerson.

Appears in 1 contract

Samples: Asset Purchase Agreement (Gp Strategies Corp)

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No Solicitation of Offers. Seller shall not, directly or indirectly, through any officer, director, employee, agent or otherwise, (i) solicit, initiate or encourage the submission of proposals or offers from any person relating to any acquisition or purchase of all or a material amount of the assets of, or any equity interest in, or any merger, consolidation or business combination with with, Seller (an "Acquisition Proposal"), or (ii) participate in any discussion or negotiation regarding, or furnish to any other person any information with respect to, or otherwise cooperate in any way with or assist, facilitate or encourage, any Acquisition Proposal by any other person.

Appears in 1 contract

Samples: Asset Purchase Agreement (Gp Strategies Corp)

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