Common use of Public Announcements and Confidentiality Clause in Contracts

Public Announcements and Confidentiality. Any press release or other ---------------------------------------- information to the press or any third party with respect to this Agreement or the transactions contemplated hereby shall require the prior approval of the Buyer and the Seller, which approval shall not be unreasonably withheld, provided that a party shall not be prevented from making such disclosure as it shall be advised by counsel is required by law or the rules of the Nasdaq National Market. The Seller and the Principal Stockholders shall also keep confidential and shall not use in any manner any information or documents obtained from the Buyer or its representatives concerning the Buyer's assets, properties, business and operations, unless readily ascertainable from public information, already known or subsequently developed by the Seller or the Principal Stockholders independently, received from a third party not under an obligation to keep such information confidential or otherwise required by law. If this Agreement terminates, all copies of any documents obtained from a party or its representatives will be returned to the other party, except that one copy thereof may be retained by outside counsel to the party returning such documents in order to evidence compliance hereunder. The obligations set forth in the previous two sentences of this Section 5.6 shall survive termination of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (CMG Information Services Inc)

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Public Announcements and Confidentiality. Any press release or other ---------------------------------------- information to the press or any third party with respect to this Agreement or the transactions contemplated hereby shall require the prior approval of the Buyer Genzyme and the SellerPharmaGenics, which approval shall not be unreasonably withheld, provided that a party shall not be prevented from making such disclosure as it shall be advised by counsel is required by law or law. Each party agrees to provide reasonable notice to the rules other party of the Nasdaq National Marketany such required disclosure and to limit such disclosure to what is required by law. The Seller and the Principal Stockholders Each party shall also keep confidential and shall not use in any manner any information or documents obtained from the Buyer other party or its representatives concerning the Buyersuch other party's assets, properties, business and operations, unless readily ascertainable from public information, already known or subsequently developed by the Seller or the Principal Stockholders independently, received from a third party not under an obligation to keep such information confidential or otherwise required by law. If this Agreement terminates, all copies of any documents obtained by a party or its representatives from a the other party or its representatives will be returned to the other partyreturned, except that one copy thereof may be retained by outside counsel to the party returning such documents in order to evidence compliance hereunder. The obligations set forth in the previous two sentences of this Section 5.6 4.11 shall survive termination of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pharmagenics Inc /De/)

Public Announcements and Confidentiality. Any press release or other ---------------------------------------- information to the press or any third party with respect to this Agreement or the transactions contemplated hereby shall require the prior approval of the Buyer and the Seller, which approval shall not be unreasonably withheld, provided that a party shall not be prevented from making such disclosure as it shall be advised by counsel is required by law or the rules law. Each of the Nasdaq National Market. The Seller and the Principal Stockholders and the Buyer shall also keep confidential and shall not use in any manner any information or documents obtained from the Buyer or its representatives other concerning the Buyerother's assets, properties, business and operations, unless readily ascertainable from public information, already known or subsequently developed independently by the Seller party obligated hereby, or the Principal Stockholders independently, received from a third party not under an obligation to keep such information confidential or otherwise required by law. If this Agreement terminates, terminates all copies of any documents obtained from a party or its representatives will be returned to the other partyreturned, except that one copy thereof may be retained by outside counsel to the party returning such documents in order to evidence compliance hereunder. The obligations set forth in the previous two sentences of this Section 5.6 shall survive termination of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Galileo Corp)

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Public Announcements and Confidentiality. Any press release or other ---------------------------------------- information to the press or any third party with respect to this Agreement or the transactions contemplated hereby shall require the prior approval of the Buyer Purchasers and the SellerCompany, which approval shall not be unreasonably withheld, provided that a party shall not be prevented from making such disclosure as it shall be advised by counsel is required by law or the rules of the Nasdaq National Market. The Seller Company, the Stockholders and the Principal Stockholders Purchasers shall also keep confidential and shall not use in any manner any information or documents obtained from the Buyer Company, the Purchasers or its Stockholders, respectively, or their representatives concerning the Buyer's Company's, the Purchasers' or Stockholders' respective assets, properties, business and operations, unless readily ascertainable from public information, already known or subsequently developed by the Seller Company, the Stockholders or the Principal Stockholders Purchasers independently, received from a third party not under an obligation to keep such information confidential or otherwise required by law. If this Agreement terminates, all copies of any documents obtained from a party or its representatives will be returned to the other party, except that one copy thereof may be retained by outside counsel to the party returning such documents in order to evidence compliance hereunder. The obligations set forth in the previous two sentences of this Section 5.6 shall survive termination of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Engage Technologies Inc)

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