Common use of Existing Discussions Clause in Contracts

Existing Discussions. The Company shall, and shall cause its Subsidiaries and their respective Representatives to immediately cease and cause to be terminated any discussions and negotiations with any Person conducted heretofore with respect to any Acquisition Proposal or proposal or transaction that could reasonably be expected to lead to an Acquisition Proposal. The Company shall within 24 hours after execution of this Agreement deliver a written notice to each such Person providing only that the Company is ending all discussions and negotiations with such Person with respect to any Acquisition Proposal or proposal or transaction that could reasonably be expected to lead to an Acquisition Proposal, which notice shall also request the prompt return or destruction of all confidential information concerning the Company and any of its Subsidiaries. The Company will immediately terminate all physical and electronic data access previously granted to such Persons.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Pcm, Inc.), Agreement and Plan of Merger (Insight Enterprises Inc)

AutoNDA by SimpleDocs

Existing Discussions. The Company shall, and shall cause its Subsidiaries and their respective financial advisors and shall use its reasonable best efforts to cause its other Representatives to to, immediately cease and cause to be terminated any discussions and negotiations with any Person conducted heretofore with respect to any Acquisition Proposal or proposal or transaction that could reasonably be expected to lead to an Acquisition Proposal. The Company shall within 24 hours after execution of this Agreement deliver a written notice to each such Person providing only that the Company is ending all discussions and negotiations with such Person with respect to any Acquisition Proposal or proposal or transaction that could reasonably be expected to lead to an Acquisition Proposal, which notice shall also request the prompt return or destruction of all confidential information concerning the Company and any of its Subsidiaries. The Company will immediately terminate all physical and electronic data access previously granted to such Persons.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Amazon Com Inc), Agreement and Plan of Merger (Whole Foods Market Inc)

AutoNDA by SimpleDocs

Existing Discussions. The Company shall, and shall cause its Subsidiaries Subsidiaries, directors, officers, employees and their respective financial advisors and shall use its reasonable best efforts to cause its other Representatives to to, immediately cease and cause to be terminated any discussions and negotiations with any Person conducted heretofore with respect to any Acquisition Proposal or proposal or transaction that could reasonably be expected to lead to an Acquisition Proposal. The Company shall within 24 hours after execution of this Agreement deliver a written notice to each such Person providing only that the Company is ending all discussions and negotiations with such Person with respect to any Acquisition Proposal or proposal or transaction that could reasonably be expected to lead to an Acquisition Proposal, which notice shall also request the prompt return or destruction of all confidential information concerning the Company and any of its Subsidiaries. The Company will immediately within 24 hours of the execution of this Agreement terminate all physical and electronic data access previously granted to such Persons.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Irobot Corp)

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