Common use of Nondisclosure by Seller Clause in Contracts

Nondisclosure by Seller. Seller recognizes and ----------------------- acknowledges that he has in the past, currently has, and in the future will have certain confidential information of Purchaser such as lists of customers, operational policies, and pricing and cost policies that are valuable, special and unique assets of Purchaser. Seller agrees that for a period of two (2) years from the Closing Date he will not disclose such confidential information to any person, firm, corporation, association or other entity for any purpose or reason whatsoever, except to authorized representatives of Purchaser, unless (i) such information becomes known to the public generally through no fault of Seller, (ii) Seller is compelled to disclose such information by a governmental entity or pursuant to a court proceeding, or (iii) the Closing does not take place. In the event of a breach or threatened breach by Seller of the provisions of this Section, Purchaser shall be entitled to an injunction restraining Seller from disclosing, in whole or in part, such confidential information. Nothing herein shall be construed as prohibiting Purchaser from pursuing any other available remedy for such breach or threatened breach, including, without limitation, the recovery of damages.

Appears in 1 contract

Samples: Agreement (Eastern Environmental Services Inc)

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Nondisclosure by Seller. Seller recognizes recognize and acknowledge that ----------------------- acknowledges that he it has in the past, currently has, and in the future will have certain confidential information of Purchaser Eastern such as lists of customers, operational policies, and pricing and cost policies that are valuable, special and unique assets of PurchaserEastern. Seller agrees that for a period of two five (25) years from the Closing Date he it will not disclose such confidential information to any person, firm, corporation, association or other entity for any purpose or reason whatsoever, except to authorized representatives of PurchaserEastern, unless (i) such information becomes known to the public generally through no fault of Seller, (ii) Seller is compelled to disclose such information by a governmental entity or pursuant to a court proceeding, or (iii) the Closing does not take place. In the event of a breach or threatened breach by Seller of the provisions of this Section, Purchaser Eastern shall be entitled to an injunction restraining Seller from disclosing, in whole or in part, such confidential information. Nothing herein shall be construed as prohibiting Purchaser Eastern from pursuing any other available remedy for such breach or threatened breach, including, without limitation, the recovery of damages.

Appears in 1 contract

Samples: Stock Purchase Agreement (Eastern Environmental Services Inc)

Nondisclosure by Seller. Seller recognizes and acknowledges ----------------------- acknowledges that he has in the past, currently has, and in the future will have certain confidential information of Purchaser EESI such as lists of customers, operational policies, and pricing and cost policies that are valuable, special and unique assets of PurchaserEESI. Seller agrees that for a period of two ten (210) years from the Closing Date he will not disclose such confidential information to any person, firm, corporation, association or other entity for any purpose or reason whatsoever, except to authorized representatives of PurchaserEESI, unless (i) such information becomes known to the public generally through no fault of any Seller, (ii) a Seller is compelled to disclose such information by a governmental entity or pursuant to a court proceeding, or (iii) the Closing does not take place. In the event of a breach or threatened breach by any Seller of the provisions of this Section, Purchaser EESI shall be entitled to an injunction restraining such Seller from disclosing, in whole or in part, such confidential information. Nothing herein shall be construed as prohibiting Purchaser EESI from pursuing any other available remedy for such breach or threatened breach, including, without limitation, the recovery of damages.

Appears in 1 contract

Samples: Stock Purchase Agreement (Eastern Environmental Services Inc)

Nondisclosure by Seller. Seller recognizes and acknowledges ----------------------- acknowledges that he has in the past, currently has, and in the future will have certain confidential information of Purchaser Eastern such as lists of customers, operational policies, and pricing and cost policies that are valuable, special and unique assets of PurchaserEastern. Seller agrees that for a period of two ten (210) years from the Closing Date he will not disclose such confidential information to any person, firm, corporation, association or other entity for any purpose or reason whatsoever, except to authorized representatives of PurchaserEastern, unless (i) such information becomes known to the public generally through no fault of Seller, (ii) Seller is compelled to disclose such information by a governmental entity or pursuant to a court proceeding, or (iii) the Closing does not take place. In the event of a breach or threatened breach by Seller of the provisions of this Section, Purchaser Eastern shall be entitled to an injunction restraining Seller from disclosing, in whole or in part, such confidential information. Nothing herein shall be construed as prohibiting Purchaser Eastern from pursuing any other available remedy for such breach or threatened breach, including, without limitation, the recovery of damages.

Appears in 1 contract

Samples: Stock Purchase Agreement (Eastern Environmental Services Inc)

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Nondisclosure by Seller. Seller recognizes and acknowledges ----------------------- acknowledges that he it has in the past, currently has, and in the future will have certain confidential information of Purchaser the Company such as lists of customers, operational policies, and pricing and cost policies that are valuable, special and unique assets of Purchaserthe Company. Seller agrees that for a period of two five (25) years from the Closing Date he it will not disclose such confidential information to any person, firm, corporation, association or other entity for any purpose or reason whatsoever, except to authorized representatives of Purchaser, unless (i) such information becomes known to the public generally through no fault of Seller, (ii) Seller is compelled required to disclose such information by a governmental entity or pursuant to a court proceeding, or (iii) the Closing does not take place. In the event of a breach or threatened breach by Seller of the provisions of this Section, Purchaser shall be entitled to an injunction restraining Seller from disclosing, in whole or in part, such confidential information. Nothing herein shall be construed as prohibiting Purchaser from pursuing any other available remedy for such breach or threatened breach, including, without limitation, the recovery of damages.

Appears in 1 contract

Samples: Agreement (Eastern Environmental Services Inc)

Nondisclosure by Seller. Seller recognizes recognize and acknowledge ----------------------- acknowledges that he has they have in the past, currently hashave, and in the future will have certain confidential information of Purchaser Eastern such as lists of customers, operational policies, and pricing and cost policies that are valuable, special and unique assets of PurchaserEastern. Seller agrees agree that for a period of two ten (210) years from the Closing Date he they will not disclose such confidential information to any person, firm, corporation, association or other entity for any purpose or reason whatsoever, except to authorized representatives of PurchaserEastern, unless (i) such information becomes known to the public generally through no fault of any Seller, (ii) a Seller is compelled to disclose such information by a governmental entity or pursuant to a court proceeding, or (iii) the Closing does not take place. In the event of a breach or threatened breach by any Seller of the provisions of this Section, Purchaser Eastern shall be entitled to an injunction restraining such Seller from disclosing, in whole or in part, such confidential information. Nothing herein shall be construed as prohibiting Purchaser Eastern from pursuing any other available remedy for such breach or threatened breach, including, without limitation, the recovery of damages.

Appears in 1 contract

Samples: Stock Purchase Agreement (Eastern Environmental Services Inc)

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