Common use of Confidentiality and Use of Information Clause in Contracts

Confidentiality and Use of Information. For 2 years after Closing, except as required by any applicable Law, Governmental Authority, or applicable stock exchange rule, Seller and its Affiliates shall not directly or indirectly, disclose to any Person or use, any information (a) contained in the Ozark Documents; (b) not then in the public domain or generally known in the industry; or (c) acquired on a confidential basis from a source who, to the Knowledge of Seller, was bound by an agreement with Buyer or any member of the NOARK Group to keep such information confidential or otherwise prohibited from transmitting the information to Seller or any of its Affiliates by a contractual, legal or fiduciary obligation, in each case, acquired prior to the Closing Date, and relating to the Business (and not any other business of Seller) or the NOARK Group (collectively, the “Buyer Protected Information”), provided however, that Seller and its Affiliates may use the Ozark Documents and Buyer Protected Information to the extent necessary, in connection with any dispute or claim, tax matter relating to Seller’s prior ownership of the NOARK Group, or the transactions contemplated by the Transaction Documents.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Atlas America Inc), Securities Purchase Agreement (Atlas Pipeline Holdings, L.P.), Securities Purchase Agreement (Atlas Pipeline Partners Lp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.