Common use of Publicity; Press Releases Clause in Contracts

Publicity; Press Releases. Each of the parties to this Agreement hereby agrees with the other party hereto that no press release or similar public announcement or communication shall be made or be caused to be made, prior to, or, as the case may be after the Closing concerning the execution or performance of this Agreement unless the other party shall have provided its prior written consent, not to be unreasonably withheld. Notwithstanding the foregoing, either party may make or cause to be made any press release or similar public announcement or communication as may be required to comply with the requirements of any Applicable Laws; provided, that, to the extent in the good faith judgment of such party it is reasonably practicable to do so, such party must (i) provide the other party with an opportunity to review such party’s intended communication and (ii) consider in good faith modifications to the intended communication that are requested by the other party. To further the parties’ intent to publicize the relationship created by the Transaction Documents, the parties agree to only issue a mutually agreed upon press release announcing the relationship.

Appears in 3 contracts

Samples: Profit Sharing Agreement, Interest Purchase Agreement (Growlife, Inc.), Profit Sharing Agreement (Growlife, Inc.)

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Publicity; Press Releases. Each of the parties to this Agreement hereby agrees with the other party hereto that no press release or similar public announcement or communication shall be made or be caused to be made, prior to, or, as the case may be after the Closing concerning the execution or performance of this Agreement unless the other party shall have provided its prior written consent, not to be unreasonably withheld. Notwithstanding the foregoing, either party may make or cause to be made any press release or similar public announcement or communication as may be required to comply with the requirements of any Applicable Laws; provided, that, to the extent in the good faith judgment of such party Party it is reasonably practicable to do so, such party Party must (i) provide the other party Party with an opportunity to review such partyParty’s intended communication and (ii) consider in good faith modifications to the intended communication that are requested by the other partyParty. To further the partiesParties’ intent to publicize the relationship created by the Transaction Documentsrelationship, the parties Parties agree to only issue a mutually agreed upon press release announcing the relationship.

Appears in 1 contract

Samples: Procurement and Services Agreement (Growlife, Inc.)

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