Common use of Conflicts; Privilege Clause in Contracts

Conflicts; Privilege. Recognizing that L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP has acted as legal counsel to Seller and its Affiliates, and that L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP intends to act as legal counsel to Seller and its Affiliates after the Closing, Purchaser hereby waives, on its own behalf and agrees to cause its Affiliates to waive, any conflicts that may arise in connection with L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP representing Seller and its Affiliates prior to the Closing or after the Closing as such representation may relate to Seller and its Affiliates or the transactions contemplated hereby. In addition, all communications involving attorney-client confidences between Seller and its Affiliates prior to the Closing, on the one hand, and L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP, on the other hand, in the course of the negotiation, documentation and consummation of the transactions contemplated hereby shall be deemed to be attorney-client confidences that belong solely to Seller and its Affiliates. Accordingly, Purchaser and its Affiliates shall not control the privilege with respect to any such communications or their access to the files of L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP relating to such engagement from and after the Closing.

Appears in 2 contracts

Sources: Transition Services Agreement (Seres Therapeutics, Inc.), Transition Services Agreement (Seres Therapeutics, Inc.)

Conflicts; Privilege. Recognizing that L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP has acted as legal counsel to Seller and its Affiliates, and that L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP intends to act as legal counsel to Seller and its Affiliates after the ClosingEffective Date, Purchaser hereby waives, on its own behalf and agrees to cause its Affiliates to waive, any conflicts that may arise in connection with L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP representing Seller and its Affiliates prior to the Closing Effective Date or after the Closing Effective Date as such representation may relate to Seller and its Affiliates or the transactions contemplated hereby. In addition, all communications involving attorney-client confidences between Seller and its Affiliates prior to the ClosingEffective Date, on the one hand, and L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP, on the other hand, in the course of the negotiation, documentation and consummation of the transactions contemplated hereby shall be deemed to be attorney-client confidences that belong solely to Seller and its Affiliates. Accordingly, Purchaser and its Affiliates shall not control the privilege with respect to any such communications or their access to the files of L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP relating to such engagement from and after the ClosingEffective Date.

Appears in 1 contract

Sources: Cross License Agreement (Seres Therapeutics, Inc.)

Conflicts; Privilege. Recognizing that L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP has acted as legal counsel to Seller and its Affiliates, and that L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP intends to act as legal counsel to Seller and its Affiliates after the Closing, Purchaser hereby waives, on its own behalf and agrees to cause its Affiliates to waive, any conflicts that may arise in connection with L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP representing Seller and its Affiliates prior to the Closing or after the Closing as such representation may relate to Seller and its Affiliates or the transactions contemplated hereby. In addition, all communications involving attorney-client confidences between Seller and its Affiliates prior to the Closing, on the one hand, and L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP, on the other hand, in the course of the negotiation, documentation and consummation of the transactions contemplated hereby shall be deemed to be attorney-client confidences that belong solely to Seller and its Affiliates. Accordingly, Purchaser and its Affiliates shall not control the privilege with respect to any such communications or their access to the files of L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP relating to such engagement from and after the Closing.

Appears in 1 contract

Sources: Transition Services Agreement (Seres Therapeutics, Inc.)

Conflicts; Privilege. Recognizing that L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP has acted as legal counsel to Seller and its Affiliates, and that L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP intends to act as legal counsel to Seller and its Affiliates after the ClosingEffective Date, Purchaser hereby waives, on its own behalf and agrees to cause its Affiliates to waive, any conflicts that may arise in connection with L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP representing Seller and its Affiliates prior to the Closing Effective Date or after the Closing Effective Date as such representation may relate to Seller and its Affiliates or the transactions contemplated hereby. In addition, all communications involving attorney-client confidences between Seller and its Affiliates prior to the ClosingEffective Date, on the one hand, and L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP, on the other hand, in the course of the negotiation, documentation and consummation of the transactions contemplated hereby shall be deemed to be attorney-client confidences that belong solely to Seller and its Affiliates. Accordingly, Purchaser and its Affiliates shall not control the privilege with respect to any such communications or their access to the files of L▇▇▇▇▇ & W▇▇▇▇▇▇ LLP relating to such engagement from and after the ClosingEffective Date.

Appears in 1 contract

Sources: Cross License Agreement (Seres Therapeutics, Inc.)