Common use of Rights of Shareholders to disclose information to others Clause in Contracts

Rights of Shareholders to disclose information to others. Each Shareholder may disclose any information received from the Company or relating to the Business or otherwise to the assets, affairs and financial or other position of the Group to: 9.4.1 any Holding Company or subsidiary of that Major Shareholder and to any subsidiary of any such Holding Company, provided that it shall use all reasonable endeavours to procure that such recipients are aware of the confidential nature of such information and such information may not be used other than for the purpose of reviewing any investment in the Company; 9.4.2 any adviser to, trustee or manager of or a Major Shareholder Investor or prospective Major Shareholder and any person on whose behalf the Shares are held, provided that it shall use all reasonable endeavours to procure that such recipients are aware of the confidential nature of such information and such information may not be used other than for the purpose of reviewing any investment in the Company and that they enter into confidentiality agreements with the Company; 9.4.3 its legal and investment advisers and any of its other professional advisers who are bound to such Major Shareholder by a duty of confidence in respect of the information disclosed; and 9.4.4 any underwriter or broker for the purpose of facilitating the Listing or in connection with a financing transaction

Appears in 2 contracts

Samples: Shareholder Agreement (Powin Corp), Shareholder Agreement (Powin Corp)

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Rights of Shareholders to disclose information to others. Each Shareholder may disclose any information received from the Company or relating to the Business or otherwise to the assets, affairs and financial or other position of the Group to: 9.4.1 any Holding Company or subsidiary of that Major Shareholder and to any subsidiary of any such Holding Company, provided that it shall use all reasonable endeavours to procure that such recipients are aware of the confidential nature of such information and such information may not be used other than for the purpose of reviewing any investment in the Company; 9.4.2 any adviser to, trustee or manager of or a Major Shareholder Investor investor or prospective Major Shareholder investor in the fund and any person on whose behalf the Shares are held, provided that it shall use all reasonable endeavours to procure that such recipients are aware of the confidential nature of such information and such information may not be used other than for the purpose of reviewing any investment in the Company and that they enter into confidentiality agreements with the Company; 9.4.3 its legal and investment advisers and any of its other professional advisers who are bound to such Major Shareholder by a duty of confidence in respect of the information disclosed; and 9.4.4 any underwriter or broker for the purpose of facilitating the Listing or in connection with a financing transactionListing.

Appears in 2 contracts

Samples: Subscription Agreement (Powin Corp), Shareholders' Agreement (Powin Corp)

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