Common use of Termination of Existing Discussions Clause in Contracts

Termination of Existing Discussions. Immediately following the execution and delivery of this Agreement, each of Qumu and Synacor shall immediately cease and cause to be terminated, and shall instruct, direct and cause their respective directors, officers, employees, Subsidiaries, controlled Affiliates, investment bankers, attorneys and other advisors or representatives (collectively, “Representatives”) to cease and cause to be terminated, any and all existing activities, discussions or negotiations with any Persons conducted heretofore with respect to any Acquisition Proposal or Acquisition Transaction relating to Qumu and Synacor, respectively, and each of Qumu and Synacor shall promptly request that all confidential information with respect thereto that has been delivered, provided or furnished by or on behalf of Qumu or Synacor, as the case may be, within the one (1)-year period prior to the date hereof (whether or not pursuant to a binding confidentiality, non-disclosure or other similar agreement) in connection with any consideration, discussions or negotiations regarding a potential Acquisition Proposal or Acquisition Transaction be returned or destroyed.

Appears in 4 contracts

Samples: Loan and Security Agreement (Synacor, Inc.), Merger Agreement (Qumu Corp), Merger Agreement (Synacor, Inc.)

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Termination of Existing Discussions. Immediately following the execution and delivery of this Agreement, each of Qumu Rentrak and Synacor comScore shall immediately cease and cause to be terminated, and shall instruct, direct and cause their respective directors, officers, employees, Subsidiaries, controlled Affiliates, investment bankers, attorneys and other advisors or representatives (collectively, “Representatives”) to cease and cause to be terminated, any and all existing activities, discussions or negotiations with any Persons conducted heretofore with respect to any Acquisition Proposal or Acquisition Transaction relating to Qumu Rentrak and SynacorcomScore, respectively, and each of Qumu Rentrak and Synacor comScore shall promptly request that all confidential information with respect thereto that has been delivered, provided or furnished by or on behalf of Qumu Rentrak or SynacorcomScore, as the case may be, within the one (1)-year two-year period prior to the date hereof (whether or not pursuant to a binding confidentiality, non-disclosure or other similar agreement) in connection with any consideration, discussions or negotiations regarding a potential Acquisition Proposal or Acquisition Transaction be returned or destroyed.

Appears in 2 contracts

Samples: Merger Agreement (Rentrak Corp), Merger Agreement (Comscore, Inc.)

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Termination of Existing Discussions. Immediately following the execution and delivery of this Agreement, each of Qumu fuboTV and Synacor FaceBank shall immediately cease and cause to be terminated, and shall instruct, direct and cause their respective directors, officers, employees, Subsidiaries, controlled Affiliates, investment bankers, attorneys and other advisors or representatives (collectively, “Representatives”) to cease and cause to be terminated, any and all existing activities, discussions or negotiations with any Persons conducted heretofore with respect to any Acquisition Proposal or Acquisition Transaction relating to Qumu fuboTV and SynacorFaceBank, respectively, and each of Qumu fuboTV and Synacor FaceBank shall promptly request that all confidential information with respect thereto that has been delivered, provided or furnished by or on behalf of Qumu fuboTV or SynacorFaceBank, as the case may be, within the one (1)-year two-year period prior to the date hereof (whether or not pursuant to a binding confidentiality, non-disclosure or other similar agreement) in connection with any consideration, discussions or negotiations regarding a potential Acquisition Proposal or Acquisition Transaction be returned or destroyed.

Appears in 1 contract

Samples: Merger Agreement (FaceBank Group, Inc.)

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