Common use of Prohibition on Press Releases and Public Announcements Clause in Contracts

Prohibition on Press Releases and Public Announcements. The Company will not issue press releases or engage in any other publicity, without the Underwriter’s prior written consent, for a period ending at 5:00 p.m., Eastern time, on the first (1st) Business Day following the forty-fifth (45th) day after the Closing Date, other than normal and customary releases issued in the ordinary course of the Company’s business or in the reasonable judgment of the Company and its counsel, after notification to the Underwriter, such press release or communication is required by law.

Appears in 2 contracts

Samples: Underwriting Agreement (Xenetic Biosciences, Inc.), Underwriting Agreement (Xenetic Biosciences, Inc.)

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Prohibition on Press Releases and Public Announcements. The Company will not issue press releases or engage in any other publicity, publicity without the Underwriter’s prior written consentconsent (which may be in the form of an e-mail or other form of electronic transmission from a representative or employee of the Underwriter), for a period ending at 5:00 p.m., p.m. Eastern time, time on the first (1st) Business Day business day following the forty-fifth (45th) 40th day after following the Closing Date, other than normal and customary releases issued in the ordinary course of the Company’s business or in the reasonable judgment of the Company and its counsel, after notification to the Underwriter, such press release or communication is required by lawbusiness.

Appears in 2 contracts

Samples: Underwriting Agreement (China Shandong Industries, Inc.), Underwriting Agreement (China Shandong Industries, Inc.)

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