Cleansing Clause Samples
The Cleansing clause establishes procedures for the removal or correction of confidential or sensitive information from documents or data before they are shared with third parties. In practice, this clause may require parties to redact personal identifiers, proprietary details, or other protected content prior to disclosure, often specifying the methods or standards to be used for such cleansing. Its core function is to protect sensitive information from unintended exposure, thereby reducing the risk of data breaches and ensuring compliance with privacy or confidentiality obligations.
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Cleansing. Notwithstanding anything, under any of the Settlement Documents or otherwise, the receipt of Confidential Information shall not in any way limit or restrict VIVUS or any of its affiliates, and does not constitute, and shall not be construed to create, a standstill or any other restriction whatsoever on the ability of VIVUS or any of its affiliates to (i) purchase or sell securities or other instruments, including those of a Group Member, (ii) purchase or sell any such companies substantially in their entirety (whether by merger, asset sale or otherwise), (iii) provide financing to any such companies or (iv) conduct similar activities in the ordinary course of VIVUS or any of its affiliates’ businesses in the same manner as they are presently conducted. In the event that any Confidential Information disclosed to VIVUS constitutes material nonpublic information about Metuchen or any Group Member, within 5 days following the end of each quarterly fiscal period or any material breach or default or a Settlement Document, Petros shall file a document (the “Cleansing Document”) containing such Confidential Information (or an appropriate summary thereof) (the “Disclosure Information”) with the SEC, including appropriate exceptions for information disclosed to VIVUS’s outside advisors and specifically designated as “non-cleansing” or “advisors’ eyes only” information (or other similar designation) with ▇▇▇▇▇’ prior written consent. As promptly as practicable, but in no event less than 48 hours before the filing of the Cleansing Document, ▇▇▇▇▇▇ will provide VIVUS with a draft of the Cleansing Document and will consider in good faith any timely comments VIVUS has with respect to the Cleansing Document. In the event that ▇▇▇▇▇▇ fails to timely file the required Cleansing Document or such Cleansing Document does not contain all of the Disclosure Information as determined by VIVUS based on the advice of its legal counsel, then Petros, on behalf of itself and any Group Member, agrees that VIVUS or its representatives (each an “Authorized Cleansing Party”) shall be authorized to make available to the public at any time more than two (2) business days thereafter (and notwithstanding if this Agreement has been terminated) all the Disclosure Information not so disclosed by ▇▇▇▇▇▇ in a single disclosure; provided that before any such disclosure such Authorized Cleansing Party shall (i) so long as (but only if) the Cleansing Document is delivered by ▇▇▇▇▇▇, notify Petros of i...
Cleansing. To keep the common parts of the Market in a clean and tidy condition.
Cleansing. The Issuer shall, in accordance with the terms of the non-disclosure agreement between the Issuer and AlbaCore Capital LLP dated 3 March 2023 (the “AlbaCore NDA”), publish an announcement in relation to the financing made available to the Issuer under the terms of this Agreement in accordance with the provisions of paragraph 5 of the AlbaCore NDA.
Cleansing. The Licensee shall be responsible for cleaning of all areas within the Licence Area. The Licensee shall be responsible for removal and disposal of the litter and rubbish on a regular basis as directed by the Director during the Licence Period and to increase the frequency of disposal as the Director deems necessary. The Licensee shall be responsible for cleansing of the Licence Area and removal of all litter and rubbish left behind by the Licensee upon the end of the Licence Period as may be directed by the Director.
Cleansing. The Company agrees to publicly disseminate, on or before September 30, 2022, information shared with the Investors in connection with the transactions contemplated by this Agreement pursuant to the terms of the Confidential Disclosure Agreement entered into between the Company and each Investor, which such information the Company deems to be “material,” as reasonably determined by the Company in its sole judgment.
Cleansing. At its own expense do all things necessary relating to disinfecting or cleansing of the Hangar Site or abating any nuisance thereupon or in any way relating to the Licensee's use of the Hangar Site in accordance with any notice from any Authority or the Club which may be received by it or left upon the Hangar Site or served upon the Club or the Licensee by or from any Authority at any time during the term of this License within the time specified in such notice or otherwise provided by law and will indemnify the Club from and against the consequences of any failure by the Licensee to comply with the requirements of any such Notice.
Cleansing. Trading area must be cleaned in full before the end of the tenancy, which includes removing any furniture, wall fixings, lighting or anything else that has been used during the tenancy. Any items left at the end of the tenancy may not be able to be returned. Traders must ensure that any communal areas are kept clean and tidy at all times, subsequently; Rubbish should be removed at the least, at the end of every day. The kitchen area should be clean and tidy throughout the day. No perishable food to be left in the premises Fridge must be cleaned out of all products/items at the end of the tenancy. Toilet area is kept clean and tidy.
Cleansing. If and to the extent legally required to enable the Bidder to acquire shares in the Company in connection with the Exchange Offer and subject to the Management Board’s fiduciary duties under German law at the relevant point in time, the Company shall, at the Bidder’s reasonable request, issue a cleansing statement pursuant to Article 17 of the MAR or through a press release at the relevant point in time.
Cleansing. The Lessee is obliged to provide for a proper cleansing of the Premises at its own expenses by means of its employees or suppliers, or the Administrator.
Cleansing. On or before 8:30 a.m., New York City time, on the first Business Day following the delivery by the Holder of a written notice to the Company requesting to be cleansed (the “Cleansing Time”), the Company shall file one or more Current Reports on Form 8-K (collectively, the “Cleansing Document”) describing the terms of the transactions contemplated hereby and any other material, non-public information that the Company, any of its subsidiaries or any of their respective officers, directors, affiliates, employees or agents has provided to the Holder at any time prior to the Cleansing Time in the form required by the 1934 Act and attaching the form of this Amendment as an exhibit to any such Disclosure Document. From and after the Cleansing Time, the Company hereby acknowledges and agrees that the Holder shall not be in possession of any material, nonpublic information received from the Company, any of its subsidiaries or any of its officers, directors, affiliates, employees or agents, that is not disclosed in the Cleansing Document. The Company understands and confirms that the Holder and its Affiliates will rely on the foregoing in effecting transactions in securities of the Company.