{"component": "clause", "props": {"groups": [{"snippet": "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\u2019 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 \u201cCleansing Document\u201d) containing such Confidential Information (or an appropriate summary thereof) (the \u201cDisclosure Information\u201d) with the SEC, including appropriate exceptions for information disclosed to VIVUS\u2019s outside advisors and specifically designated as \u201cnon-cleansing\u201d or \u201cadvisors\u2019 eyes only\u201d information (or other similar designation) with \u2587\u2587\u2587\u2587\u2587\u2019 prior written consent. As promptly as practicable, but in no event less than 48 hours before the filing of the Cleansing Document, \u2587\u2587\u2587\u2587\u2587\u2587 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 \u2587\u2587\u2587\u2587\u2587\u2587 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 \u201cAuthorized Cleansing Party\u201d) 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 \u2587\u2587\u2587\u2587\u2587\u2587 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 \u2587\u2587\u2587\u2587\u2587\u2587, notify Petros of its intent to disclose any such Disclosure Information within 48 hours after its receipt of the Cleansing Document and (ii) provide Petros with a draft of the documents VIVUS intends to use to publicly disclose such Disclosure Information at least 48 hours prior to any such disclosure. During such periods, such Authorized Cleansing Party and its legal counsel will make a reasonable effort to consult with \u2587\u2587\u2587\u2587\u2587\u2587 and its legal counsel regarding the content of any such disclosure and to consider in good faith any comments that \u2587\u2587\u2587\u2587\u2587\u2587 has with respect thereto (including, without limitation, as to whether \u2587\u2587\u2587\u2587\u2587\u2587 has previously disclosed all Disclosure Information). \u2587\u2587\u2587\u2587\u2587\u2587 agrees, on behalf of itself and each Group Member, that none of VIVUS or its affiliates, or any of their representatives, shall have any liability to any Group Member, or any of their representatives in connection with the disclosure of the Disclosure Information in accordance with the foregoing except in the case of an intentional misrepresentation. 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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. 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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. 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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.", "size": 1, "samples": [{"hash": "18yxDNUF1Sm", "uri": "/contracts/18yxDNUF1Sm#cleansing", "label": "Amendment Agreement (Vinco Ventures, Inc.)", "score": 30.5564689636, "published": true}], "snippet_links": [{"key": "new-york-city-time", "type": "definition", "offset": [24, 42]}, {"key": "business-day", "type": "clause", "offset": [57, 69]}, {"key": "the-delivery", "type": "clause", "offset": [80, 92]}, {"key": "by-the-holder", "type": "clause", "offset": [93, 106]}, {"key": "notice-to-the-company", "type": "clause", "offset": [120, 141]}, {"key": "the-company-shall", "type": "clause", "offset": [192, 209]}, {"key": "current-reports", "type": "clause", "offset": [227, 242]}, {"key": "form-8", "type": "definition", "offset": [246, 252]}, {"key": "cleansing-document", "type": "definition", "offset": [275, 293]}, {"key": "contemplated-hereby", "type": "clause", "offset": [337, 356]}, {"key": "other-material", "type": "clause", "offset": [365, 379]}, {"key": "at-any-time", "type": "clause", "offset": [553, 564]}, {"key": "prior-to-the", "type": "clause", "offset": [565, 577]}, {"key": "required-by", "type": "definition", "offset": [605, 616]}, {"key": "the-1934-act", "type": "clause", "offset": [617, 629]}, {"key": "form-of", "type": "clause", "offset": [648, 655]}, {"key": "this-amendment", "type": "clause", "offset": [656, 670]}, {"key": "disclosure-document", "type": "clause", "offset": [697, 716]}, {"key": "the-company-hereby", "type": "clause", "offset": [753, 771]}, {"key": "possession-of", "type": "clause", "offset": [828, 841]}, {"key": "information-received", "type": "clause", "offset": [866, 886]}, {"key": "from-the-company", "type": "clause", "offset": [887, 903]}, {"key": "the-foregoing", "type": "definition", "offset": [1131, 1144]}, {"key": "securities-of-the-company", "type": "definition", "offset": [1174, 1199]}], "hash": "b233fedb49f56a15263779792555da02", "id": 10}], "next_curs": "ClISTGoVc35sYXdpbnNpZGVyY29udHJhY3Rzci4LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhJjbGVhbnNpbmcjMDAwMDAwMGEMogECZW4YACAA", "clause": {"size": 28, "parents": [["representations-and-warranties-of-the-company", "Representations and Warranties of the Company"], ["kroll-trustee-services", "KROLL TRUSTEE SERVICES"], ["covenants", "Covenants"], ["right-to-maintain-proportionate-holding", "Right to maintain proportionate holding"], ["notices", "Notices"]], "title": "Cleansing", "children": [], "id": "cleansing", "related": [["cleaning", "Cleaning", "Cleaning"], ["vaccination-and-inoculation", "Vaccination and Inoculation", "Vaccination and Inoculation"], ["crane-erection-jumping", "Crane Erection & Jumping", "Crane Erection &amp; Jumping"], ["screening", "Screening", "Screening"], ["drainage-systems", "Drainage Systems", "Drainage Systems"]], "related_snippets": [], "updated": "2025-07-23T06:14:10+00:00", "also_ask": ["What are the essential elements that must be included in a robust cleansing clause?", "How can a cleansing clause be strategically negotiated to maximize client protection?", "What are the most common pitfalls or fatal flaws that undermine the enforceability of cleansing clauses?", "How do courts typically interpret and enforce cleansing clauses in disputes?", "How does the effectiveness of cleansing clauses compare across different jurisdictions or legal systems?"], "drafting_tip": "Specify the cleansing process, identify responsible parties, and set clear timelines to ensure data integrity and accountability.", "explanation": "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."}, "json": true, "cursor": ""}}