Other Participating Companies definition

Other Participating Companies mean those companies or entities engaged in the teleconferencing business who execute agreements and plans of reorganization, stock purchase agreements or asset purchase agreements with VIALOG which agreements close contemporaneously with this Agreement.

Examples of Other Participating Companies in a sentence

  • VIALOG will exercise commercially reasonable efforts to furnish the Company a copy of any press release relating to Other Participating Companies prior to its publication and will furnish a copy of any such press release so issued as soon as practicable after its publication, but any failure on VIALOG's part to do so will not be deemed a breach of or default under this Agreement.

  • VIALOG will exercise commercially reasonable efforts to furnish the Company and the Principal Stockholder a copy of any press release relating to Other Participating Companies prior to its publication and will furnish a copy of any such press release so issued as soon as practicable after its publication, but any failure on VIALOG's part to do so will not be deemed a breach of or default under this Agreement.