Examples of Acquired Business in a sentence
Xxxxx further acknowledges that it has had access to the books and records of the Company and Amtran, is generally familiar with the Acquired Business and has had an opportunity to ask questions concerning the Company and Amtran and the Securities.
Inclusion of information in the Disclosure Schedules will not be construed as an admission that such information is material to the business, operations of condition (financial or otherwise) of the Acquired Business or the Company and Amtran, in whole or in part, or as an admission of Liability or obligation of Seller to any third Person.
Each Seller and Atlas hereby agree and covenant that such Party will not use, and will cause its Subsidiaries (and with respect to Atlas, its Restricted Affiliates) who have received Confidential Information, not to use, and will not permit access to, any Acquired Business Confidential Information, or disclose any Acquired Business Confidential Information to any Person.
The provisions of this Section 1(b)(i) will not apply to any Acquired Business Confidential Information that, subject to Section 1(b)(ii), is required to be disclosed by applicable Law.
Sellers and Atlas shall take commercially reasonable steps to safeguard such Acquired Business Confidential Information and protect it against disclosure or misuse in violation of this Section 1(b), and shall use at least the same degree of care as such party would use to protect its own confidential information.