Common use of Nondisclosure by Seller Clause in Contracts

Nondisclosure by Seller. Seller recognizes and acknowledges ----------------------- that it has in the past, currently has, and in the future will have certain confidential information of the Company such as lists of customers, operational policies, and pricing and cost policies that are valuable, special and unique assets of the Company. Seller agrees that for a period of five (5) years from the Closing Date 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 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 for the Sale and Purchase of Stock (Eastern Environmental Services Inc)

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Nondisclosure by Seller. Seller recognizes and acknowledges ----------------------- that it he has in the past, currently has, and in the future will have certain confidential information of the Company EESI such as lists of customers, operational policies, and pricing and cost policies that are valuable, special and unique assets of the CompanyEESI. Seller agrees that for a period of five ten (510) years from the Closing Date it 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 required 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 recognize and acknowledges acknowledge ----------------------- that it has they have in the past, currently hashave, and in the future will have certain confidential information of the Company Eastern such as lists of customers, operational policies, and pricing and cost policies that are valuable, special and unique assets of the CompanyEastern. Seller agrees agree that for a period of five ten (510) years from the Closing Date it 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 required 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)

Nondisclosure by Seller. Seller recognizes and acknowledges ----------------------- that it he has in the past, currently has, and in the future will have certain confidential information of the Company Eastern such as lists of customers, operational policies, and pricing and cost policies that are valuable, special and unique assets of the CompanyEastern. Seller agrees that for a period of five ten (510) years from the Closing Date it 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 required 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 ----------------------- that it he has in the past, currently has, and in the future will have certain confidential information of the Company Purchaser such as lists of customers, operational policies, and pricing and cost policies that are valuable, special and unique assets of the CompanyPurchaser. Seller agrees that for a period of five two (52) years from the Closing Date it 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 required 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: Sale and Purchase Agreement (Eastern Environmental Services Inc)

Nondisclosure by Seller. Seller recognizes recognize and acknowledges acknowledge that ----------------------- that it has in the past, currently has, and in the future will have certain confidential information of the Company Eastern such as lists of customers, operational policies, and pricing and cost policies that are valuable, special and unique assets of the CompanyEastern. Seller agrees that for a period of five (5) years from the Closing Date 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 required 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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