Common use of Pre-Closing Access Clause in Contracts

Pre-Closing Access. (a) Prior to the Amendment Date Comcast shall not, and shall not permit any of its Affiliates to, without the prior written consent of Time Warner Cable (i) initiate or maintain contact with any Transferred Systems Employee regarding the transactions contemplated hereby or otherwise related thereto, (ii) access any of the properties, whether owned or leased, of the Transferred Systems and (iii) subject to applicable Legal Requirements disclose the identity of the Transferred Systems to any Person other than any of the officers, employees, directors and advisors of Comcast or its Affiliates, provided that such officers, employees, directors and advisors are first advised of the confidential nature of such information. Comcast shall be responsible for any breach of such confidentiality obligation on the part of any of its Affiliates or such officers, employees, directors and advisors. No breach of this Section 7.25 shall result in a failure of the condition set forth in Section 8.2(b).

Appears in 3 contracts

Samples: Tolling and Optional Redemption Agreement (Comcast Corp), Tolling and Optional Redemption Agreement (Time Warner Inc), Redemption Agreement (Time Warner Inc)

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Pre-Closing Access. (a) Prior to delivery of the Amendment Date Good Faith Notice, Comcast shall not, and shall not permit any of its Affiliates to, without the prior written consent of Time Warner Cable Cable, (i) initiate or maintain contact with any Transferred Systems Employee regarding the transactions contemplated hereby or otherwise related thereto, (ii) access any of the properties, whether owned or leased, of the Transferred Systems and (iii) subject to applicable Legal Requirements disclose the identity of the Transferred Systems to any Person other than any of the officers, employees, directors and advisors of Comcast or its Affiliates, provided that such officers, employees, directors and advisors are first advised of the confidential nature of such information. Comcast shall be responsible for any breach of such confidentiality obligation on the part of any of its Affiliates or such officers, employees, directors and advisors. No breach of this Section 7.25 7.21 shall result in a failure of the condition set forth in Section 8.2(b).

Appears in 1 contract

Samples: Tolling and Optional Redemption Agreement (Time Warner Inc)

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