Common use of Restriction on Disclosure of Agreement Terms Clause in Contracts

Restriction on Disclosure of Agreement Terms. Neither party shall publicly disclose or announce the subject matter of this Agreement, including, but not limited to, the price being paid for the PEARL Common Stock hereunder or the detailed terms and conditions of this Agreement (other than to such party's employees, directors or advisors with a need to know such information), without the other party's prior consent; provided however, that notwithstanding the foregoing, a party may make such disclosures regarding this Agreement, as it determines with the advice of its legal counsel, are required under applicable laws and regulations or orders, decrees, inquiries or subpoenas of any court or governmental body, Governmental Body, and in that case such party will give the other party prior notice of its intention to make such disclosure pursuant to this provision.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Epic Energy Resources, Inc.), Stock Purchase Agreement (Epic Energy Resources, Inc.)

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Restriction on Disclosure of Agreement Terms. Neither party No Party shall publicly disclose or announce the subject matter of this Agreement, including, but not limited to, the price being paid for the PEARL Common Stock EIS Membership Interests hereunder or the detailed terms and conditions of this Agreement (other than to such partyParty's employees, directors or advisors with a need to know such information), without each of the other party's Parties' prior consent; provided however, that notwithstanding the foregoing, a party Party may make such disclosures regarding this Agreement, as it determines with the advice of its legal counsel, are required under applicable laws and regulations or orders, decrees, inquiries or subpoenas of any court or governmental body, Governmental Body, and in that case such party Party will give the other party Party prior notice of its intention to make such disclosure pursuant to this provision.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (Epic Energy Resources, Inc.), Membership Interest Purchase Agreement (Epic Energy Resources, Inc.)

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Restriction on Disclosure of Agreement Terms. Neither party No Party shall publicly disclose or announce the subject matter of this Agreement, including, but not limited to, the price being paid for the PEARL Common Stock Carnrite Membership Interests hereunder or the detailed terms and conditions of this Agreement (other than to such partyParty's employees, directors or advisors with a need to know such information), without each of the other party's Parties' prior consent; provided however, that notwithstanding the foregoing, a party Party may make such disclosures regarding this Agreement, as it determines with the advice of its legal counsel, are required under applicable laws and regulations or orders, decrees, inquiries or subpoenas of any court or governmental body, Governmental Body, and in that case such party Party will give the other party Party prior notice of its intention to make such disclosure pursuant to this provision.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Epic Energy Resources, Inc.)

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