Publicity. The initial press release regarding the Acquisition and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financing.
Appears in 3 contracts
Sources: Bid Conduct Agreement, Bid Conduct Agreement (ARRIS International PLC), Bid Conduct Agreement (CommScope Holding Company, Inc.)
Publicity. (a) The initial Parties recognize that each Party may from time to time desire to issue press releases and make public statements or disclosures regarding the subject matter of this Agreement. In such event, the Party desiring to issue an additional press release regarding or make a public statement or disclosure shall provide the Acquisition other Party with a copy of the proposed press release, statement or disclosure for review and approval in advance, provided, however, that if in the entering into reasonable opinion of a Party’s legal counsel a press release or disclosure in respect of this Agreement is required to satisfy applicable Law or applicable stock exchange rule or regulation, such Party shall submit the proposed press release or disclosure in writing to the other Party as far in advance as reasonably practicable (and in no event less than two (2) Business Days prior to the anticipated date of disclosure if reasonably practicable,) so as to provide a reasonable opportunity to comment thereon (and such comments shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signedconsidered in good faith). Thereafter (unless and until a Change of Recommendation Once any public statement or disclosure has occurred been made in accordance with Section 6.27.3(b) or this Section 7.3(a), then either Party may appropriately communicate information contained in such permitted statement or disclosure.
(b) Notwithstanding the Company and Buyer each provisions of Section 7.3(a):
(i) To the extent a Party determines in good faith that it is required by applicable Laws or the rules or regulations of a stock exchange on which the securities of the disclosing Party are listed to publicly file, or otherwise disclose, this Agreement or any of its terms to or with a Regulatory Authority or Governmental Body, such disclosing Party shall consult with each provide a proposed redacted form of this Agreement to the other Party within a reasonable amount of time prior to issuing filing or disclosure (and in any press releases event at least five (5) Business Days before filing or otherwise disclosure) for the other Party to review and comment upon such redacted form. The Party making public announcements with respect such filing, registration, notification or disclosure shall consider in good faith the reviewing Party’s reasonable comments regarding such redacted form and shall use commercially reasonable efforts to seek confidential treatment for the redacted terms, to the Acquisition extent such confidential treatment is applicable and reasonably available consistent with applicable Laws or the rules or regulations of the applicable stock exchange. Each Party shall be responsible for its own legal and other transactions contemplated by this Agreement and prior to making any filings external costs in connection with any third party and/or such filing, registration or notification.
(ii) Each Party may disclose to any Governmental Entity (including any national securities exchange actual or interdealer quotation service) potential or actual investor, lender, investment bank or other bank, acquirer, acquisition or merger target, licensee, licensor, or other strategic partner to the extent necessary or useful in connection with respect theretothe evaluation or negotiation of a potential transaction or contractual relationship, exceptor performance of obligations or enforcement of rights under such a transaction or relationship, in each case, (x) as may be required by Law or by obligations case pursuant to any listing agreement with or rules a written obligation of any national securities exchange or interdealer quotation service or by the request confidentiality and non-use substantially as stringent as those set forth in this Article VII, a complete copy of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingterms thereof.
Appears in 3 contracts
Sources: Sublicense Agreement (Checkpoint Therapeutics, Inc.), Sublicense Agreement (Tg Therapeutics, Inc.), Sublicense Agreement (Checkpoint Therapeutics, Inc.)
Publicity. (a) Except as may otherwise be required by Applicable Law, no release or announcement concerning this Agreement or the Ancillary Agreements or the transactions contemplated hereby or thereby shall be made by either party without the prior written approval of the other party, which approval shall not be unreasonably withheld, conditioned or delayed. The initial press parties hereto shall cooperate with each other in making any such release regarding or announcement.
(b) Without limiting the Acquisition generality of the foregoing paragraph (a), promptly after the execution and the entering into delivery of this Agreement shall be a joint press release (on the “Initial Public Announcement”) which Contract Date, or as soon thereafter as is reasonably practicable, the parties shall release no later than one (1) business day following cooperate in the date on which this Agreement is signed. Thereafter (unless preparation and until a Change communication of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules an announcement of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby and by the Ancillary Agreements to their respective the Business Employees and the other employees of Seller and its Affiliates who perform services for MONY or any of the Excluded Subsidiaries, and to the Distributors. Each party agrees, in any announcement or communication to the public, to employees (subject including Business Employees) or to Section 6.9)Distributors, (i) from and after the Contract Date until the first anniversary of the Closing Date, to cooperate and work closely with the other party to ensure the other party and its Affiliates, directors, officers, employees, agents and representatives, and (z) for public announcements containing information consistent with any prior press releases or public statements made by this Agreement, the parties Ancillary Agreements and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with and thereby, are presented in a positive manner in all pre-planned communications and (ii) not to make any oral or written statement or other communication that disparages, defames or reflects adversely upon, or that impugns or attacks the reputation or character of, or damages the goodwill of, the other party or any of such joint communications plan. Without limiting party’s Affiliates, businesses, directors, officers, employees, agents and representatives (including, in the case of Purchaser, MONY or the Business); provided that the foregoing provisions, the Company shall, shall not apply to statements made (A) to satisfy any obligation under Applicable Law or to the extent reasonably practicablenecessary to provide required information to any Governmental Authority, provide Buyer reasonable notice and drafts of any public disclosure of any material developments (B) to satisfy a fiduciary duty, (C) in civil lawsuits or matters other dispute resolution proceedings involving the Company parties or (including D) to satisfy any legal obligation not to make an untrue statement of material fact or not to omit to state a material fact necessary to make the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure statements made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingnot misleading.
Appears in 3 contracts
Sources: Master Agreement (AXA Equitable Holdings, Inc.), Master Agreement (Protective Life Insurance Co), Master Agreement (Protective Life Corp)
Publicity. The initial press release regarding On and after the Acquisition Execution Date and through the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless Closing Date, Buyer and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer AT&T each shall consult with each other, provide each other with a reasonable opportunity to review and give due consideration to reasonable comments made by each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement Transactions and prior to making any filings with any third party and/or or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, exceptand none of the Parties shall issue any press release or public statement without the prior written approval of Buyer and AT&T, which approval shall not be unreasonably withheld, conditioned or delayed; provided, that in each caseno event shall the foregoing apply to (i) any communications with employees of AT&T and its Affiliates or union representatives of AT&T and its Affiliates in connection with any collective bargaining agreement to the extent required by applicable Law, (xii) as may be any statements, disclosures or communications that are consistent in tone and substance with previous public statements, disclosures or communications made by it in compliance with this Section 6.8 (or jointly made by AT&T and Buyer, if applicable) or to the extent that they have been reviewed and previously approved by the other Party, (iii) any communications by Buyer and its Affiliates to their and their Affiliates current and prospective direct and indirect investors in connection with the customary and ordinary course fundraising, marketing, informational or reporting activities of Buyer or its Affiliates that are consistent in tone and substance with previous public statements, disclosures or communications made by it in compliance with this Section 6.8, (iv) any communications made in connection with the preparation and filing of any Tax Return or in the conduct or defense of any Action with respect to Taxes or (v) any communications required by applicable Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is Entity. Notwithstanding the foregoing, this Section 6.8 shall not possible apply to consult with or in any way restrict public communications to the other party before making any public statement with respect to extent they do not address this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingTransactions.
Appears in 2 contracts
Sources: Securities Purchase Agreement (At&t Inc.), Securities Purchase Agreement (At&t Inc.)
Publicity. The initial (a) Upon the execution of this Agreement, the Members shall issue a press release regarding announcing the Acquisition and the entering into formation of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer the execution of this Agreement, the text of which is set forth in Exhibit H. After such initial press release, except as set forth in this Section 17.4, neither Party shall issue a press release or public announcement relating to the Business without the prior written approval of the other Party, which approval shall not be unreasonably withheld or delayed. Notwithstanding the above, a Party may issue a press release or public announcement if and to the extent required by applicable law or regulations, including without limitation by the rules or regulations of the U.S. Securities and Exchange Commission or similar regulatory agency in a country other than the U.S. or the rules of any stock exchange or Nasdaq. Roquette agrees that the timely announcement of material developments of the Company is required for Solazyme to communicate effectively with its stockholders and prospective investors (subject to confidentiality provisions applicable to each shall consult such Person) and to cooperate with each other prior to Solazyme in jointly preparing and issuing any such announcements in a timely manner. Further, the Members may mutually issue a press releases or otherwise making public announcements release with respect to the Acquisition and occurrence of the other transactions contemplated by following events under this Agreement and prior to making any filings with any third party and/or any Governmental Entity Agreement: (including any national securities exchange or interdealer quotation servicei) with respect theretocompletion of ▇▇▇▇▇ ▇, except, in each case▇▇▇▇▇ ▇ ▇▇▇/▇▇ ▇▇▇▇▇ ▇, (x▇▇) as may be required by Law or by obligations pursuant to any listing agreement with or rules filing and/or approvals of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9)material regulatory applications, and (ziii) for public announcements containing information consistent with any prior press releases commercial launch of Products in a country or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and region.
(b) to ensure that all Notwithstanding the above, if the relevant text of a press releases release or public announcement has already previously been reviewed and approved by the other public statements with respect to Party and the transactions contemplated hereby shall be consistent with text remains accurate and complete (such joint communications plan. Without limiting as the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision description of this Agreement in filings under the Exchange Act), then such text may be republished without further review by the other Party. In addition, the advance review provided in Section 17.4(a) shall be deemed to limit any customary disclosure made by Buyer and its Affiliates apply only to the Financing Sources portion of the public announcement that concerns the Business, this Agreement and/or the other Party and rating agencies in connection with efforts or activities by Buyer and its Affiliates shall not be interpreted to obtain require a Party to provide an advance copy of the Financingentire public announcement (such as an advance copy of an entire filing under the Exchange Act).
Appears in 2 contracts
Sources: Joint Venture and Operating Agreement, Joint Venture and Operating Agreement (Solazyme Inc)
Publicity. The initial Company shall by 8:30 a.m. (New York City time) on [•], 2026, issue a press release regarding disclosing the Acquisition material terms of the transactions contemplated hereby. From and after the entering into issuance of this Agreement shall be a joint such press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)release, the Company represents to each Purchaser that it shall have publicly disclosed all material, non-public information delivered to each Purchaser by the Company or any of its Subsidiaries, or any of their respective officers, directors, employees or agents, in connection with the transactions contemplated by the Transaction Documents. In addition, effective upon the issuance of such press release, the Company acknowledges and Buyer agrees that any and all confidentiality or similar obligations under any agreement, whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, agents, employees or Affiliates, on the one hand, and each Purchaser or any of its Affiliates on the other hand, shall terminate and be of no further force or effect. The Company understands and confirms that each Purchaser shall be relying on the foregoing covenant in effecting transactions in securities of the Company. The Company and the Purchasers shall consult with each other prior to in issuing any other press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby hereby, and neither the Company nor the Purchasers shall issue any such press release nor otherwise make any such public statement without the prior consent of the Company, with respect to any press release of such Purchaser, or without the prior consent of such Purchaser, with respect to any press release of the Company, which consent shall not unreasonably be consistent withheld or delayed, except if such disclosure is required by law, in which case the disclosing party shall promptly provide the other party with prior notice of such joint communications planpublic statement or communication. Without limiting Notwithstanding the foregoing provisionsforegoing, the Company shallshall not publicly disclose the name of any Purchaser, or include the name of any Purchaser in any filing with the Commission or any regulatory agency or Trading Market, without the prior written consent of the Purchasers, except (a) as required by federal securities law in connection with the filing of final Transaction Documents with the Commission and (b) to the extent reasonably practicablesuch disclosure is required by law or Trading Market regulations, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving in which case the Company shall provide each Purchaser with prior notice of such disclosure permitted under this clause (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, b) and reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection cooperate with efforts or activities by Buyer and its Affiliates to obtain the Financingsuch Purchaser regarding such disclosure.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Cayson Acquisition Corp), Securities Purchase Agreement (Cayson Acquisition Corp)
Publicity. The initial press release regarding the Acquisition and the entering into of this Agreement Transactions shall be a joint press release (the “Initial Public Announcement”) which the parties release, and thereafter, unless an Adverse Recommendation Change shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless have occurred, and until a Change of Recommendation has occurred except with respect to press releases and other public statements in accordance connection with Section 6.26.02 (to the extent expressly permitted pursuant to Section 6.02), the Company and Buyer Parent each shall consult with each obtain the consent of the other Party, which shall not be unreasonably withheld, conditioned or delayed prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition Mergers and the other transactions contemplated by this Agreement and prior to making any filings Transactions unless such Party determines, after consultation with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect theretooutside counsel, except, in each case, (x) as may be that it is required by applicable Law or by obligations pursuant to any listing agreement with or the listing rules of any a national securities exchange or an interdealer quotation service system or by a trading market to issue or cause the request publication of any Governmental Entity if it is not possible to consult with the press release or other party before making any public statement announcement with respect to the Mergers, this Agreement or any of the transactions contemplated by this Agreementother Transactions, in which event such Party shall endeavor, on a basis reasonable under the circumstances, to provide a meaningful opportunity to the other Party to review and comment upon such press release or other announcement as far in advance as is reasonably practicable and shall give due consideration to all reasonable additions, deletions or changes suggested thereto. Notwithstanding the foregoing, the Company and Parent (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees Subsidiaries) may make statements that substantially reiterate (subject to Section 6.9)and are not inconsistent with) previous press releases, and (z) for public announcements containing information consistent with any prior press releases disclosures or public statements made by the parties and announcing Parties in compliance with this Section 6.08. Nothing in this Section 6.08 shall restrict or prohibit the closing of Parties from making any announcement from the transactions contemplated by this Agreement which are otherwise consistent with date hereof through the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) Effective Time to develop a joint communications plan and (b) to ensure that all press releases its respective employees, customers and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, business relations to the extent reasonably practicablesuch Party, provide Buyer reasonable notice as the case may be, determines in good faith that such announcement is necessary or advisable and drafts of any is consistent in all substantive respects with previous press releases or public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations disclosures relating to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of Mergers and this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingAgreement.
Appears in 2 contracts
Sources: Agreement and Plan of Merger (USA Rare Earth, Inc.), Agreement and Plan of Merger (Texas Mineral Resources Corp.)
Publicity. The initial 29.1 AMP agrees not to advertise or otherwise make known to others any information regarding this AGREEMENT. AMP further agrees not to use or reference in any advertising, sales promotion, press release regarding or other communication, any CUSTOMER company or representative name, endorsement, direct or indirect quote, code, drawing, logo, trademark, specification, or picture without the Acquisition prior written consent of CUSTOMER.
29.2 This AGREEMENT and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent considered the confidential information of the parties. Neither party shall make, nor permit their AFFILIATES, employees or agents to make, any public statements, including, without limitation, any press releases, with such joint communications planrespect to this AGREEMENT and the transactions contemplated hereby without the prior written consent of the other party, except as otherwise permitted in this SECTION 29.2. Without limiting To the foregoing provisionsextent that either party reasonably determines that it is required to make a filing or any other public disclosure with respect to this AGREEMENT or the transactions contemplated hereby to comply with the requirements, rules, laws or regulations of any applicable stock exchange, Nasdaq or any governmental or regulatory authority or body, including, without limitation, the Company shallU.S. Securities and Exchange Commission (the “SEC”) (collectively, the “Disclosure Obligations”), or if either party reasonably determines that it is required to file a copy of this AGREEMENT to comply with the Disclosure Obligations, such party shall promptly inform the other party thereof, and prior to making any such disclosure or filing of a copy of this AGREEMENT, the parties shall [*]. The parties shall cooperate, each at its own expense, in such filing, including, without limitation, such confidential treatment request, and shall execute all documents reasonably required in connection therewith. The parties will [*]. Notwithstanding anything to the extent reasonably practicablecontrary in this SECTION 29.2, provide Buyer reasonable notice and drafts either party may make a filing or any other public disclosure with respect to this AGREEMENT or the transactions contemplated hereby to timely comply with its Disclosure Obligations, without the prior written consent or agreement of the other party, in the event that [*]. This paragraph shall apply with respect to the filing of a copy of this AGREEMENT or any public disclosure relating to this AGREEMENT to comply with the Disclosure Obligations, notwithstanding the provisions of any material developments the CONFIDENTIALITY AGREEMENT or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingSECTION 31.
Appears in 2 contracts
Sources: Commercial Contract Manufacturing Agreement (Alimera Sciences Inc), Commercial Contract Manufacturing Agreement (Alimera Sciences Inc)
Publicity. The initial press release regarding the Acquisition and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making No public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect announcement related to this Agreement or any of the transactions contemplated herein will be issued without the joint approval of Seller and Buyer, which approval shall not be unreasonably withheld, conditioned or delayed, except in any public disclosure which Seller, in its good faith judgment, believes is required by applicable Law or by any stock exchange on which its securities are listed. If Seller, in its good faith judgment, believes such disclosure is required, Seller shall use its commercially reasonable efforts to consult with Buyer, and to consider in good faith any revisions proposed by ▇▇▇▇▇, as applicable, prior to making (or prior to any Affiliate making) such disclosure; provided that Buyer shall deemed to have consented to any such disclosure to the extent Seller has provided Buyer with a draft thereof and Seller has not suggested any revisions within five (5) Business Days of Seller’s receipt of such draft. Notwithstanding the foregoing, without the approval of the other Party, Buyer and Seller and their respective Affiliates may, following the Closing Date and subject to the other terms and conditions of this Agreement, (ya) that make internal announcements to their and their Affiliates’ respective employees and Affiliates, (b) communicate with Governmental Authorities regarding this Agreement and the parties may provide ordinary course transactions contemplated hereby, and (c) make the public announcements and engage in public communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9in the case of this clause (c), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, solely to the extent reasonably practicable, provide such announcements or communications are consistent with a communications plan agreed upon by Seller and Buyer reasonable notice and drafts of any or their respective prior public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projectionscommunications made in compliance with this Section 9.03), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financing.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Veru Inc.), Asset Purchase Agreement (Blue Water Vaccines Inc.)
Publicity. The initial press Parties agree that no public release regarding the Acquisition and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to announcement concerning the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts issued or made by or on behalf of any public disclosure Party without the prior written consent of the other Party (which consent shall not be unreasonably withheld, delayed or conditioned), except (a) as such release or announcement may, in the reasonable judgment of the releasing Party, be required by Law or any rule or regulation of any material developments United States securities exchange on which securities of the releasing Party are listed, in which case the Party required to make the release or matters involving announcement shall use commercially reasonable efforts to allow the Company (including the financial condition other Party reasonable time to comment on such release or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably announcement in advance of publication or release. For the avoidance of doubtsuch issuance, neither the foregoing nor any other provision of this Agreement shall be deemed (b) that Parent and its Affiliates may make such announcements to limit any customary disclosure made by their respective employees, (c) that Buyer and its Affiliates may disclose information concerning the transactions contemplated hereby to the Financing Sources its lenders for business purposes and rating agencies in connection with efforts or activities by (d) that Buyer and its Affiliates may disclose information concerning the transactions contemplated hereby to the general and limited partners of ▇▇▇▇▇ ▇▇▇▇▇ Buyout Fund II, Limited Partnership in form and substance substantially similar to the notices and disclosures that such Limited Partnership provides to its general and limited partners in the ordinary course of business in connection with its portfolio investments. Notwithstanding the foregoing, Parent and Buyer may each issue a press release on the Closing Date, provided that the Party issuing the release shall obtain the Financingother Party’s approval of the release prior to its issuance (which approval shall not be unreasonably withheld, conditioned or delayed).
Appears in 2 contracts
Sources: Stock Purchase Agreement (Paperweight Development Corp), Stock Purchase Agreement (Paperweight Development Corp)
Publicity. The initial press release regarding (a) Except as is necessary to comply with applicable laws and regulations or to enforce their respective rights under this Agreement, or to a party's legal or financial advisors, and except as otherwise agreed to by the Acquisition and parties in writing, the entering into parties shall: (i) keep the material terms of this Agreement shall be a joint press release confidential, (ii) agree upon the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition text and the other transactions contemplated by this Agreement and prior exact timing of an initial public announcement relating to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent as soon as possible after the Effective Date (such agreement not to be unreasonably withheld or delayed) and (iii) agree on the text and the timing of any subsequent public announcements regarding this Agreement or the transactions contemplated herein. If this Agreement is required to be filed by PR with the foregoing. Buyer Securities and Exchange Commission, PR shall not file this Agreement with the Company shall use commercially reasonable efforts (a) Securities and Exchange Commission without first notifying ▇▇▇▇▇▇▇▇ Consulting and seeking confidential treatment for any provisions of this Agreement that ▇▇▇▇▇▇▇▇ Consulting believes would disclose trade secrets, confidential commercial or financial information that would impair the value of the contractual rights represented by this Agreement or provide detailed commercial and financial information to develop a joint communications plan and competitors or third parties.
(b) Except as otherwise provided in Section 5.6, neither party shall use the name of the other party or any director, officer or employee of the other party or any adaptation thereof without the prior written approval of the other party; provided that: (i) ▇▇▇▇▇▇▇▇ Consulting shall have the right to ensure that all press releases inform its -------- customers and other public statements prospective customers of its designation as a Global Reseller of the Products and its relationship with respect PR as a marketer and reseller of the Products as set forth in this Agreement and (ii) subject to approval of the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts text of any public disclosure of any material developments promotional material(s) or matters involving disclosures by ▇▇▇▇▇▇▇▇ Consulting, PR shall have the Company right to promote ▇▇▇▇▇▇▇▇ Consulting as its Preferred Business Integration Services provider in its marketing collateral and in customer presentations (including the financial condition or results press tours, industry analyst visits, production of operations to the extent it materially deviates from previous projectionsvision presentations, white papers, speaking engagements, executive events, trade shows, demonstration center exhibits, marketing brochures, and product demonstration script/scenario development), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financing.
Appears in 2 contracts
Sources: Marketing Agreement (Prime Response Inc/De), Marketing Agreement (Prime Response Group Inc/De)
Publicity. The initial press release regarding the Acquisition and the entering into of No public announcement related to this Agreement shall be a joint press release (or the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement herein will be issued without the joint approval of Seller and prior to making Buyer, which approval shall not be unreasonably withheld, conditioned or delayed, except in any filings with any third party and/or any Governmental Entity (including any national securities exchange public disclosure which either Seller or interdealer quotation service) with respect thereto, exceptBuyer, in each caseits good faith judgment, (x) as may be believes is required by applicable Law or by obligations pursuant to any listing agreement with stock exchange on which its securities or rules those of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it its Affiliates are listed. If either Party, in its good faith judgment, believes such disclosure is not possible required, such Party shall use its commercially reasonable efforts to consult with the other party before Party and its Representatives, and to consider in good faith any revisions proposed by the other Party or its Representatives, as applicable, prior to making any public statement with respect (or prior to this Agreement or any of its Affiliates making) such disclosure, and shall limit such disclosure to only that information which is legally required to be disclosed. Notwithstanding the transactions contemplated by this Agreementforegoing, (ya) Buyer, on the one hand, and Seller, on the other hand, may, following the Execution Date, make internal announcements to their respective employees and Affiliates and public announcements that the parties are consistent with a communications plan agreed upon by Seller and Buyer or prior public communications made in compliance with this Section 5.3, (b) each Party may provide ordinary course communications communicate with government officials, customers and suppliers regarding this Agreement and the transactions contemplated hereby (to their respective employees (subject to Section 6.9)the extent that, in the case of customers and suppliers, such communications are consistent with a communications plan agreed upon by Seller and Buyer) and (zc) for each Party may issue a press release substantially in form and substance as set forth in Exhibit J. Notwithstanding the foregoing, following the issuance of the press releases set forth in Exhibit J, this Section 5.3 shall not restrict Buyer’s ability to discuss or make public announcements containing information consistent regarding its anticipated business plans with any prior press releases respect to the Product or public statements made by the parties and announcing Product Business or the closing expected effect of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments on Buyer’s business or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingoperations.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Aegerion Pharmaceuticals, Inc.), Asset Purchase Agreement (Aegerion Pharmaceuticals, Inc.)
Publicity. The initial Neither Seller nor Purchaser shall issue any press release regarding the Acquisition and the entering into of or public announcement concerning this Agreement shall be a joint press release (or the “Initial Public Announcement”) which transactions contemplated hereby without obtaining the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change prior written approval of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange Party, which approval will not be unreasonably conditioned, withheld or interdealer quotation service) with respect theretodelayed, except, in each case, (x) except as may be required by Law or by obligations pursuant stock exchange rules or regulations (in which case the Parties will endeavor to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with allow the other party before making any public Party to comment on such release or statement with respect to the extent practicable). If either of Seller or Purchaser, based on the advice of its counsel, determines that this Agreement Agreement, or any of the transactions contemplated by this Agreementother Transaction Agreements, (y) that must be publicly filed with a Governmental Body, then Seller or Purchaser, as applicable, prior to making any such filing, shall, subject to applicable Law, provide the parties may provide ordinary course communications regarding other Party and its counsel with a redacted version of this Agreement (and the transactions contemplated hereby any other Transaction Agreement) which it intends to their respective employees (subject to Section 6.9)file, and (z) for public announcements containing information consistent with will give due consideration to any prior press releases or public statements made comments provided by the parties other Party or its counsel and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure the confidential treatment by such Governmental Body of those sections specified by the other Party or its counsel for redaction and confidentiality. At any time following the issuance of an initial press release that all press releases was publicized in accordance with this Section 10.13, any Party, its Affiliates and representatives, shall be permitted to make any internal or public announcements regarding this Agreement, and the other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting without the foregoing provisions, the Company shallprior written consent of any other Parties, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments such announcements are consistent with such initial press release or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably other prior disclosures approved in advance of publication or releaseaccordance with this Section 10.13. For the avoidance of doubt, neither the foregoing nor Notwithstanding any other provision of this Agreement, the requirements of this Section 10.13 shall not apply to any disclosure of Seller or Purchaser of any information concerning this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to or the Financing Sources and rating agencies transactions contemplated hereby in connection with efforts any dispute between the Parties regarding this Agreement, the Transaction Agreements, or activities by Buyer and its Affiliates to obtain the Financingtransactions contemplated hereby or thereby.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Beyond, Inc.), Asset Purchase Agreement (Kirkland's, Inc)
Publicity. The initial Concurrently with or as promptly as practicable following the execution of this Agreement, the Parties (other than the Consenting Noteholders or Consenting Bridge Lenders) or some of the Parties shall issue the press release regarding or press releases substantially in the Acquisition and the entering into of this Agreement shall be a joint press release form(s) attached to Schedule 6.6(a) (collectively, the “Initial Public AnnouncementPress Release”) which ). Subject to the parties shall release no later than one (1) business day terms set forth in the immediately following sentence, none of the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)Parties will make, the Company and Buyer each shall consult with each other prior or permit any Affiliate thereof to issuing make, any public statements, including any press releases or otherwise making public announcements releases, with respect to this Agreement, the Acquisition other Definitive Documentation, or the Transaction unless such press release or public statement is consistent, in all material respects, with the Initial Press Release or receives the prior written consent of the Company, the Plan Investor and the other transactions contemplated Required Consenting Lenders. Notwithstanding anything to the contrary contained in the foregoing, any Party (or any Affiliate thereof) may (i) make disclosures required by this Agreement any applicable law or applicable stock exchange requirements (it being acknowledged that Novelion intends to file a Current Report on Form 8-K and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) equivalent filing as may be required by Law or by obligations pursuant to any listing agreement with or rules applicable Canadian securities laws in respect of any national securities exchange or interdealer quotation service or by the request Transaction within the permitted statutory timeframe from the date of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement (or any in a periodic report in lieu of the transactions contemplated by this Agreementsuch Form 8-K, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9if timing so permits), and such filing and/or subsequent filings with the Securities and Exchange Commission may attach or otherwise file as exhibits this Agreement and/or other Definitive Documentation), in which case the Party required to make (zor whose Affiliate is required to make) for public announcements containing information consistent with any prior press releases or public statements made by such disclosure will allow the parties and announcing the closing other Parties reasonable time to comment on such disclosure in advance of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, making or issuance thereof to the extent reasonably practicable, provide Buyer reasonable notice (ii) make disclosures that are expressly contemplated by this Agreement, the Plan Funding Agreement or the Plan, including (A) in the case of the Plan Investor, the filing and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor Admission Document and any other provision documentation in respect of this Agreement shall be deemed the solicitation of the approval of its shareholders in respect of the Transaction, subject to limit any customary disclosure made by Buyer compliance with the terms set forth in the Plan Funding Agreement, and its Affiliates (B) in the case of the Company, such disclosures as it is required to the Financing Sources and rating agencies make in connection with efforts the Bankruptcy Cases, including in connection with the solicitation of votes in support of the Plan, and (iii) make such disclosures as any Party or activities by Buyer and its Affiliates determines to obtain be advisable or required in connection with any action or legal proceeding commenced by any Party against any other Party or any Affiliate thereof in respect of any dispute arising out of this Agreement, the Financingother Definitive Documentation or the Transaction.
Appears in 2 contracts
Sources: Restructuring Support Agreement (Amryt Pharma PLC), Restructuring Support Agreement (Amryt Pharma PLC)
Publicity. The initial press parties hereto agree that, from the date hereof through the Closing Date, no public release regarding or announcement concerning the Acquisition transactions contemplated hereby shall be issued or made by or on behalf of any party without the prior consent of the other parties and otherwise as a party may reasonably determine is necessary to comply with applicable Law (including under the Securities Act and the entering into Exchange Act) or the requirements of this Agreement any agreement to which the Company or any of its Subsidiaries is a party. Notwithstanding the foregoing, the Industrea Parties and the Company shall be cooperate to prepare a joint press release to be issued on or promptly (the “Initial Public Announcement”and in any event within two (2) which the parties shall release no later than one (1Business Days) business day following after the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior a joint press release to making any filings with any third party and/or any Governmental Entity be issued on the Closing Date. The Company and the Industrea Parties agree to keep the terms of this Agreement confidential, except to the extent and to the Persons to whom disclosure is required by applicable Law (including any national securities exchange under the Securities Act and the Exchange Act) or interdealer quotation service) for purposes of compliance with respect theretofinancial reporting obligations; provided, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may disclose such terms to their respective employees, accountants, advisors and other representatives as necessary in connection with the ordinary conduct of their respective businesses (so long as such Persons agree to, or are bound by contract or professional or fiduciary obligations to, keep the terms of this Agreement confidential and so long as the parties shall be responsible to the other parties hereto for breach of this Section 13.11 or such confidentiality obligations by the recipients of its disclosure). The Company and Industrea further acknowledge and agree that, PGP Investors, LLC and Argand Partners LP may disclose such terms and the existence of this Agreement and the transactions contemplated hereby to its Affiliates in order that such Persons may provide ordinary course communications regarding information about the subject matter of this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), actual and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties prospective limited partners and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies investors in connection with efforts or activities by Buyer their fundraising and its Affiliates to obtain the Financingreporting activities.
Appears in 2 contracts
Sources: Merger Agreement (Industrea Acquisition Corp.), Merger Agreement
Publicity. The initial press release regarding the Acquisition and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”a) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) Except as may be required by Law or by obligations pursuant to any listing agreement with stock exchange on which the securities of the Parties are listed, the Parties agree that no publicity release or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to announcement concerning this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent made without advance approval thereof by each Party. If any public announcement is required by Law to be made by any Party, prior to making such announcement, such Party will deliver a draft of such announcement to the other Party and shall give the other Party reasonable opportunity to comment thereon; provided, however, that the Parties shall make a joint press release upon the execution and delivery of this Agreement, which contents shall be consented to by the Parties (such consent not to be unreasonably delayed, conditioned or withheld).
(b) Notwithstanding the foregoing, (i) a Party shall not be required to seek the approval of the other Party with respect to any public disclosure which is substantially similar in content to any press release or any other subsequent or previously made public disclosure with respect to which the disclosing Party has otherwise complied with the provisions of this Section 10.3 and (ii) without limiting Section 10.1(a)(iii), EMYC may make such joint communications plan. Without limiting public disclosures regarding the foregoing provisionsProjects and the Project Companies as it reasonably believes required, upon the Company advice of its counsel, in order to comply with its disclosure obligations under U.S. or Brazilian securities Laws, as applicable, including the rules and regulations promulgated by the SEC and the CVM, as applicable; provided that EMYC shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts copies of any public the disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication such filings or release. For the avoidance other public disclosures for Renova’s prior review and comment, which Renova shall provide as promptly as practicable (and in no event more than three (3) Business Days following receipt of doubtsuch copies), neither the foregoing nor any other provision of this Agreement and EMYC shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies consider all such comments in connection with efforts or activities by Buyer and its Affiliates to obtain the Financinggood faith.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Terraform Global, Inc.), Securities Swap Agreement (Terraform Global, Inc.)
Publicity. The initial Promptly following the execution and delivery hereof, each Party may issue a press release regarding announcing the Acquisition and the entering into execution of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made in the forms previously agreed upon by the parties Company and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoingParent. Buyer Following such initial press release, (a) Parent and the Company shall consult with each other before issuing any press release, having any communication with the press (whether or not for attribution), making any other public statement or scheduling any press conference or conference call with investors or analysts with respect to this Agreement or the Transactions and (b) neither Parent nor the Company shall issue any such press release, make any such other public statement or schedule any such press conference or conference call without the consent of the other Party (and, in the case of any such action by Parent, the consent of the Special Committee) (which consent shall not be unreasonably withheld, delayed or conditioned); provided that the restrictions set forth in this Section 7.03 shall not apply to any release or public statement (i) required by applicable Law or any applicable listing authority (in which case the Parties shall use commercially reasonable efforts to consult with each other prior to making any such disclosure and consider in good faith any comments proposed by such other Party), (aii) made or proposed to develop a joint communications plan and (b) to ensure that all press releases and other public statements be made by the Company in compliance with Section 7.03 with respect to the transactions matters contemplated hereby shall be consistent by Section 7.03 (or by Parent in response thereto), or (iii) made in connection with such joint communications plan. Without limiting the foregoing provisionsreceipt and existence of a Competing Proposal and matters relating thereto, the Company shallan Adverse Recommendation Change, in each case, to the extent reasonably practicablepermitted under Section 6.02. Notwithstanding the foregoing, provide Buyer reasonable notice the Parties may make oral or written public announcements, releases or statements without complying with the foregoing requirements if the substance of such announcements, releases or statements was publicly disclosed and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations previously subject to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingrequirements.
Appears in 2 contracts
Sources: Merger Agreement (Ma Baoli), Merger Agreement (BlueCity Holdings LTD)
Publicity. The initial press release regarding with respect to the Acquisition and the entering into execution of this Agreement shall be a joint press release (to be reasonably agreed upon by the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signedParties. Thereafter (unless Versum and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each Entegris shall consult with each other prior to before issuing any press releases release or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange Financing Disclosure or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or the Transactions and shall not issue any such press release or Financing Disclosure or make any such public statement without the prior consent of the transactions contemplated other, such consent not to be unreasonably withheld, conditioned or delayed; provided, that (a) any such press release, Financing Disclosure or public statement as may be required by applicable Law or any listing agreement with any national securities exchange may be issued prior to such consultation if the Party making the release or statement has used its reasonable best efforts to consult with the other Party on a timely basis and (b) each Party may issue public announcements, include in Financing Disclosure or make other public disclosures regarding this AgreementAgreement or the Transactions that consist solely of information previously disclosed in press releases, (y) Financing Disclosures or public statements previously approved by either Party or made by either Party in compliance with this Section 7.10; provided, further, that the first sentence of this Section 7.10 shall not apply to (x) any disclosure of information concerning this Agreement in connection with any dispute between the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby (y) internal announcements to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoingnot made public. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect Notwithstanding anything in this Section 7.10 to the transactions contemplated hereby contrary, neither party shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of (x) required by any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit consult with or obtain any customary disclosure made by Buyer and its Affiliates approval from any other Party with respect to the Financing Sources and rating agencies a public announcement or press release issued in connection with efforts the receipt and existence of an Acquisition Proposal and matters related thereto or activities a Change of Recommendation other than as set forth in Section 7.2. As used above, (“Financing Disclosure”) means any reference to, or information in connection with, the Transactions that is included in any documents to be filed with any Person (including the SEC), issued, published and/or distributed by Buyer and its Affiliates Versum or Entegris in connection with any financing transaction to obtain the Financingbe entered into by any of those Parties.
Appears in 2 contracts
Sources: Agreement and Plan of Merger (Versum Materials, Inc.), Merger Agreement (Entegris Inc)
Publicity. The initial press release regarding public announcement of the Acquisition and the entering into execution of this Agreement is set forth on Schedule 6.5 hereto. In addition, (a) Enzon may make a public statement, including in analyst meetings, concerning the progress of the Compound or Products; (b) NatImmune may make a public statement, including in analyst meetings, concerning or the progress of the Compound or Products; and (c) each Party may make a public statement, including in analyst meetings, concerning the terms of this Agreement, where, in the case of (b) and (c), such statement (i) is required by Law, applicable stock exchange regulation or legal proceedings, as confirmed upon the request of the other Party by an opinion of counsel, for the Party proposing to make such statement; or (ii) was approved by the other Party, such approval shall not be unreasonably withheld or delayed. Otherwise, NatImmune will not make any public announcement regarding the terms of or events related to the Agreement without the prior consent of Enzon. In connection with any filing ) that is required by Law, applicable stock exchange regulation or legal proceedings (including any SEC filing of this Agreement), the Party required to make such filing shall endeavor to obtain confidential treatment of economic and trade secret information and shall seek the other Party’s views concerning the scope of any redaction of this Agreement in any such filing. In any event, the Parties agree to take all reasonable action to avoid disclosure of Confidential Information except as permitted hereunder, and shall cooperate with each other with respect to all such disclosures. The Party that is required to or has otherwise decided to make a joint press release public statement pursuant to this Section 6.5 (the “Initial Public AnnouncementDisclosing Party”) which will, where reasonably practicable under the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)circumstances, the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and give the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules Party sufficient advance notice of the text of any national securities exchange or interdealer quotation service or by proposed statement so that the request of any Governmental Entity if it other Party will have the opportunity to comment upon the statement, and such comments will be taken into account in the final statement. If such advance notice is not possible to consult reasonably practicable, then the Disclosing Party will provide the other Party with the other party before making any public text of such statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements promptly after such statement is made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingDisclosing Party.
Appears in 2 contracts
Sources: License Agreement (Evivrus, Inc.), License Agreement (Evivrus, Inc.)
Publicity. The initial press release regarding the Acquisition and the entering into of this Agreement Merger shall be a joint press release of Parent and the Company reasonably acceptable to Parent and the Company. Thereafter, neither the Company nor Parent, nor any of their respective Affiliates or Representatives, shall issue any press release or make any other public announcement or public statement (to the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred extent not previously publicly disclosed or made in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements this Agreement) with respect to this Agreement or the Acquisition and the Merger or any other transactions contemplated by this Agreement without consulting with each other and prior providing meaningful opportunity for review and giving due consideration to making any filings with any third party and/or any Governmental Entity reasonable comments by the other Party, except (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (xa) as such press release or other public announcement may be required by Law applicable Law, in which case the Party required to issue the release or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by make the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company announcement shall use commercially reasonable efforts (a) to develop provide the other Party with a joint communications plan reasonable opportunity to review and comment on such release or announcement in advance of its issuance and shall give reasonable and good-faith consideration to any such comments proposed by the other Party, (b) subject to ensure that all press releases and other Section 6.2, if applicable under the circumstances, in connection with any communications relating to a Change of Recommendation or Acquisition Proposal, or (c) any disclosure of information concerning this Agreement in connection with any dispute between the Parties regarding this Agreement. Notwithstanding anything to the contrary in this Section 6.8, (i) each of the Parties may make public statements with respect in response to questions by the transactions contemplated hereby shall be press, analysts, investors, business partners or those attending industry conferences or financial analyst conference calls, so long as any such statements (x) are consistent with such joint communications plan. Without limiting the foregoing provisionsprevious press releases, public disclosures or public statements made jointly by Parent and the Company shall, or to the extent reasonably practicablethat they have been reviewed and previously approved by both Parent and the Company, provide Buyer reasonable notice and drafts (y) do not reveal material, nonpublic information regarding the other Parties, the Merger or the other transactions contemplated hereby, and (ii) Parent, Merger Sub and their respective Affiliates may, without consultation or consent, make ordinary course disclosure and communication to existing or prospective general or limited partners, equity holders, members, managers and investors of such Person or any public disclosure Affiliates of any material developments or matters involving the Company (including the financial condition or results of operations such Person, in each case who are subject to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingconfidentiality restrictions.
Appears in 2 contracts
Sources: Merger Agreement (Streamline Health Solutions Inc.), Merger Agreement (Streamline Health Solutions Inc.)
Publicity. The initial press release regarding the Acquisition Without limiting any other provision of this Agreement, each of Parent and the entering into of this Agreement Company shall be consult with the other and issue a joint press release (to be reasonably agreed upon by the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements Parties with respect to the Acquisition execution of this Agreement. So long as this Agreement is in effect, neither the Company nor Parent, nor any of their respective Subsidiaries, shall issue or cause the publication of any press release and the Company and the Company Subsidiaries shall not issue or cause the publication of any other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange public announcement or interdealer quotation service) with respect thereto, exceptdisclosure, in each casecase with respect to the Merger, the other Transactions or this Agreement without the prior written consent of the other Party (x) as may such consent not to be unreasonably withheld, conditioned or delayed), unless such Party determines, after consultation with outside counsel, that it is required by applicable Law or by obligations pursuant to any listing agreement with or the listing rules of any a national securities exchange or interdealer quotation service trading market to issue or by cause the request publication of any Governmental Entity if it is not possible to consult with such press release or, in the case of the Company, such other party before making any public statement announcement or disclosure, with respect to this Agreement the Merger, the other Transactions or any of the transactions contemplated by this Agreement, in which event such Party shall endeavor, on a basis reasonable under the circumstances, to provide a meaningful opportunity to the other Party to review and comment upon such press release or such other announcement or disclosure (yas applicable) in advance and shall give due consideration to all reasonable additions, deletions or changes suggested thereto; provided, however, that neither Party shall be required by this Section 6.3 to provide any such review or comment to the parties may provide ordinary course communications regarding this Agreement other in connection with the Company’s receipt of (and the transactions contemplated hereby to existence of) an Acquisition Proposal, Parent’s receipt of (and the existence of) a Parent Acquisition Proposal, a Change of Recommendation or a Parent Change of Recommendation and matters directly related thereto; provided, further, that each Party and their respective employees (subject to Section 6.9), Subsidiaries and (z) for public announcements containing information Representatives may make statements that are consistent with any prior previous press releases releases, public disclosures or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and Parent or the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements in compliance with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingSection 6.3.
Appears in 2 contracts
Sources: Merger Agreement (Encana Corp), Merger Agreement (Newfield Exploration Co /De/)
Publicity. The initial (a) Neither of the Purchaser nor the Company shall issue any press release or make any public disclosure regarding the Acquisition and the entering into of this Agreement shall be a joint transactions contemplated hereby unless such press release (or public disclosure is approved by those parties mentioned in such press release or public disclosure in advance. Notwithstanding the “Initial Public Announcement”) which foregoing, each of the parties shall release no later than one (1) business day following Parties may, if required by the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)SEC, the Company and Buyer each shall consult with each Nasdaq or other prior to issuing any press releases or otherwise making regulatory bodies, make such public announcements disclosures with respect to the Acquisition and transactions contemplated hereby as each may be advised by counsel is legally necessary or advisable; provided, however, that the disclosing Party shall give the other transactions contemplated by this Agreement Party prior written notice of such requirement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, excepta copy of the proposed public disclosure, in each case, all cases with sufficient time for such other Parties to seek a protective order or other limit on the proposed public disclosure (xunless the disclosing party would suffer penalties or sanctions for failure to immediately disclose such information).
(b) as may be required by Law or by obligations pursuant to any listing agreement with or rules The Parties hereto acknowledge that (i) immediately following the execution of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications Company intends to file its quarterly report on Form 10-Q for the quarter ended March 31, 2007, which report will include disclosure regarding this Agreement and the transactions contemplated hereby and thereby, (ii) immediately following the execution of this Agreement, the Company intends to their respective employees (subject to Section 6.9), issue a press release announcing the execution of this Agreement and (ziii) for public announcements containing information consistent within four Business Days of the date of this Agreement, the Company intends to file with any prior press releases or public statements made by the parties and announcing the closing of SEC a current report on Form 8-K regarding the transactions contemplated by this Agreement hereby, which are otherwise consistent with report will include certain of the foregoingTransaction Documents attached as exhibits thereto. Buyer and The Purchaser hereby agrees that it shall not seek a protective order or other limit on the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any proposed public disclosure of the Transaction Documents as exhibits to such report. The Company hereby agrees that it shall provide the Purchaser with a copy of any material developments or matters involving the Company (including the financial condition or results of operations such current report on Form 8-K at least two Business Days prior to the extent it materially deviates from previous projections), including earnings releases, reasonably intended date of such filing and shall not file such report unless approved in advance of publication by the Purchaser, which approval shall not be unreasonably withheld or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingdelayed.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Distributed Energy Systems Corp), Securities Purchase Agreement (Perseus Partners Vii L P)
Publicity. The initial press release regarding the Acquisition and the entering into of this Agreement shall be Other than a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the method of the release for publication thereof) substantially in the form mutually agreed to by Seller and Buyers and other public communications (and methods of release) substantially consistent with such press release, no public release, announcement or communications (including internal communications to Seller’s store-level Employees) concerning the transactions contemplated hereby shall be issued by this Agreement Buyers or Seller (or its affiliates or representatives) without the prior written consent of Buyers and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange Seller, except as such release or interdealer quotation service) with respect thereto, except, in each case, (x) as announcement may be required by Law or by obligations pursuant to any listing agreement with the rules, regulations or rules policies of any national United States or foreign securities exchange exchange, in which case (unless such release or interdealer quotation service announcement is substantially consistent with the form mutually agreed to by Seller and Buyers prior to the date hereof), the party issuing such release or by announcement shall, to the request of any Governmental Entity if it is not possible extent practicable, use its commercially reasonable efforts to consult with allow the other party before making any public statement reasonable time to comment on such release or announcement in advance of such issuance (which comments the disclosing party will consider in good faith). Notwithstanding the foregoing, Buyers and their affiliates may, without breach of this Agreement, communicate with respect their respective employees, customers, suppliers, and financing sources and, subject to the timing restrictions in Section 10.2, the store-level Employees of Seller, and its and their respective representatives regarding the Stores, the Purchased Assets and Assumed Liabilities acquired hereunder, as long as it does not disclose terms of this Agreement or any of the transactions contemplated by this Agreement, hereby (y) that the parties may provide ordinary course communications regarding other than terms of this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information that are consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision those previously disclosed without breach of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingAgreement).
Appears in 2 contracts
Sources: Asset Purchase Agreement (Supervalu Inc), Asset Purchase Agreement (Roundy's, Inc.)
Publicity. The initial press release regarding parties acknowledge their mutual intention to announce major scientific discoveries to the Acquisition public on a prompt and cooperative basis, consistent with the entering into terms of this Section 9 and other provisions of this Agreement. The parties agree that neither the University nor any employee thereof shall in any way promote, or participate or be used or referred to in connection with the promotion of the Sponsor or any of Sponsor's products, securities, or marketing efforts, and that neither party shall use the existence or terms of this Agreement, any results of the Sponsored Research, or the name of the other party (or any employee or affiliate thereof) in any public disclosure, advertising, news release, or other statement that is or may become public or available to a third party, in each case except as and to the extent (i) required by Laws (including Securities Laws), (ii) permitted by Section 10, (iii) permitted by Section 6, or (iv) with the prior written consent of, and only to the extent approved by, the other party (which consent shall, in the case of the University, be signed by the ▇▇▇▇ of the Medical College and by University counsel). Notwithstanding the above, once a particular disclosure has been approved, either party may make disclosures which do not differ materially therefrom without any further consents of the other party; provided, however, that the disclosing party shall give prior notice of subsequent disclosures which, in addition to the information contained in the earlier disclosure, contains information subject to this Agreement which has not been previously disclosed; and provided, further, that after approval of a disclosure has been given, the approving party may at any time with written notice to the other party withdraw its approval of a particular disclosure prior to its release, which withdrawal shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signedeffective immediately. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with With respect to the Acquisition and requirements of Securities Laws, counsel to the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national underwriters or placement agents of Sponsor's securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may advise Sponsor that Sponsor may be required by Law or by obligations pursuant to any listing agreement with or rules disclose material terms of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby License Agreement. In such event, Sponsor shall so notify the University within a reasonable time prior to their respective employees (subject to Section 6.9)such disclosure, and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing University shall have the closing opportunity to dissuade such counsel of the transactions contemplated by this Agreement which are otherwise consistent with the foregoingneed for such disclosure. Buyer and the Company With respect to any such prospective disclosure, Sponsor shall use commercially its reasonable efforts (a) efforts, unless the University otherwise consents, not to develop a joint communications plan use the name of the University, and (b) to ensure that all press releases seek "Confidential Treatment" under applicable Securities and other public statements Exchange Commission rules and procedures with respect to any terms of this Agreement and the transactions contemplated hereby shall be consistent with such joint communications planLicense Agreement for which the University wishes to obtain confidential treatment. Without limiting Laboratory personnel, including Dr. Crystal, will not engage in solicitation of the foregoing provisionssale of securities of Sponsor, the Company shallbut may, to the extent reasonably practicablethat doing so does not, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving in the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections)University's judgment, including earnings releasesunreasonably interfere with their work, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies participate in connection with efforts or activities by Buyer the due diligence investigations of potential investors and its Affiliates underwriters of securities of Sponsor in describing the Gene Therapy research and may, to obtain the Financingsame extent, respond to questions from such persons.
Appears in 2 contracts
Sources: Sponsored Research Agreement (Genvec Inc), Sponsored Research Agreement (Genvec Inc)
Publicity. The initial press release regarding the Acquisition and the entering into of this Agreement Merger shall be a joint press release of Parent and the Company. Thereafter, neither the Company nor Parent, nor any of their respective Subsidiaries, shall issue any press release or make any other public announcement or public statement (to the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred extent not previously publicly disclosed or made in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation serviceAgreement) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or the transactions contemplated by this Agreement without the prior written consent of the Company (in the case of a press release or public announcement by Parent or its Subsidiaries) or Parent (in the case of a public announcement by the Company or its Subsidiaries) (such consent not to be unreasonably withheld, conditioned or delayed), except (i) as such press release or other public announcement may be required by applicable Law, in which case the party required to or whose Subsidiary is required to issue the release or make such public announcement shall use reasonable best efforts to provide the other party with a reasonable opportunity to review and comment on such release or announcement in advance of its issuance and shall give reasonable and good faith consideration to any such comments proposed by the other party or (ii) in connection with a Change of Recommendation, if and to the extent permitted by the terms of this Agreement. Notwithstanding anything to the contrary in this Section 6.8, each of the parties may make public statements in response to specific questions by the press, analysts, investors or those attending industry conferences or financial analyst conference calls, so long as any such statements are not inconsistent with previous press releases, public disclosures or public statements made jointly by Parent and the Company and do not reveal material, non-public information regarding the other parties or the transactions contemplated by this Agreement; provided, (y) however, that without limiting the generality of the foregoing and subject to applicable Law and the rules and policies of NASDAQ, the parties may provide ordinary course agree to use reasonable best efforts to coordinate communications regarding this Agreement Agreement, the Merger and the other transactions contemplated hereby to their respective employees (subject to Section 6.9)with customers, suppliers, employees, shareholders and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent community in general in accordance with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably set forth in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingSchedule 6.8.
Appears in 2 contracts
Sources: Merger Agreement (Pcm, Inc.), Merger Agreement (Insight Enterprises Inc)
Publicity. The initial press release regarding the Acquisition and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) Except as may be required by Law law or by obligations pursuant to any listing agreement with or rules of any national securities stock exchange or interdealer quotation service Regulatory Authority, no Party shall originate any publicity, news release or by other public announcement, written or oral, relating to the request confidential terms or conditions contained in this Agreement without the prior written approval of any Governmental Entity if it is not possible to consult with the other party before making any Party and agreement upon the nature and text of such announcement or disclosure, which approval shall not be unreasonably withheld, delayed or conditioned. The Parties agree to cooperate in jointly preparing and issuing such announcements in a timely manner. The Parties shall jointly issue the press releases shown in Schedule 8.4.3 as soon as practicable following the Effective Date. Further all publicity, press releases and public statement with respect announcements, in each case relating to this Agreement or any of the transactions contemplated by this AgreementResearch Program shall be reviewed in advance by, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (shall be subject to Section 6.9)the written approval (such approval not to be unreasonably withheld) of both Parties; provided that such publicity, and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect announcements shall not disclose any Confidential Information of the other Party hereunder and shall give appropriate attribution to the transactions other Party’s role(s) in the project contemplated hereby herein. Each Party shall be consistent with provide the other Party an opportunity to review and comment on the language of such joint communications planattribution prior to first use thereof in a press release or other public disclosure. Without limiting Furthermore, each Party shall notify the foregoing provisions, the Company shall, other Party prior to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any first public disclosure of any material developments data generated hereunder by it, its Affiliates or matters involving licensees (as applicable), and shall provide the Company (including other Party an opportunity to review and comment on the financial condition or results language of operations such disclosure. Any information that is contained in an approved disclosure as described in the preceding sentences may be disclosed subsequently by either Party without the need to seek any further approval, subject to any restrictions that apply to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingoriginal disclosure.
Appears in 2 contracts
Sources: Research Collaboration and License Agreement, Research Collaboration and License Agreement (Prometheus Laboratories Inc)
Publicity. The initial press release regarding the Acquisition and the entering into of relating to this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), issued by the Company and Buyer each Parent, and thereafter the Company and Parent shall consult with each other prior to before issuing any press releases release or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement statements with respect to this Agreement or any of the transactions contemplated by this Agreementthe Transaction Documents and shall not issue any such press release or make any such public statement without the prior consent of the other Parties, which consent shall not be unreasonably withheld or delayed; provided that (i) a Party may, without the prior consent of the other Parties, issue such press release or make such public statement as may be required by Law or Order or the applicable rules of the NYSE if it has used its commercially reasonable efforts to consult with the other Parties and to obtain such party’s consent but has been unable to do so prior to the time such press release or public statement is so required to be issued or made, (yii) the Company will not be obligated to engage in such consultation with respect to communication that are (1) principally directed to employees, customers, partners or vendors so long as such communications are consistent with previous releases, public disclosures or public statements made jointly by the parties may provide ordinary course communications regarding Parties (or individually, if approved the other party), or, (2) subject to Section 6.2, relating to an Acquisition Proposal, Superior Proposal, Change in Recommendation or “stop-look-and-listen” communication or similar communication of the type contemplated by Rule 14d-9(f) under the Exchange Act. As promptly as practicable following the date of this Agreement and in compliance with applicable Laws, Parent and the Company shall develop a joint plan for communication to the Company’s employees, Workers, customers, suppliers and other strategic Persons about this Agreement and the transactions contemplated hereby by this Agreement and upon development of such plan, Parent and the Company shall comply with such plan. Prior to their respective making any written or oral communications to the employees (subject or Workers of the Company or any of its Subsidiaries pertaining to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases compensation or public statements made benefit matters that are affected by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent Agreement, the Company shall provide Parent with a copy of the foregoing. Buyer intended communication, Parent shall have a reasonable period of time to review and comment on the communication, and Parent and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with cooperate in providing any such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingmutually agreeable communication.
Appears in 2 contracts
Sources: Merger Agreement (Amplify Snack Brands, INC), Merger Agreement (Hershey Co)
Publicity. The initial Subject to applicable Law and regulations, on or before 5:30 p.m., New York City time, during the business hours of, or one Business Day after the date of this Agreement, as applicable, the Company will: (i) issue a press release regarding disclosing all the Acquisition material terms of the Proposed Transactions; and (ii) file a Current Report on Form 6-K describing all the entering into material terms of this Agreement shall be a joint press release the Proposed Transactions, in the form required by the Exchange Act (the “Initial Public Announcement6-K Filing”) which ). Subject to the parties shall release no later than one (1) business day following foregoing, none of the date on which this Agreement is signed. Thereafter (unless and until a Change Company, any of Recommendation has occurred in accordance with Section 6.2)its Subsidiaries, the Company and Buyer each Purchaser, or any of the Purchaser’s Affiliates shall consult with each other prior to issuing issue any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby Proposed Transactions; provided, however, that the Company shall be consistent with such joint communications plan. Without limiting entitled, without the foregoing provisions, prior approval of the Company shallPurchaser, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of make any press release or other public disclosure of any material developments or matters involving with respect to such transactions (1) in substantial conformity with the Company 6-K Filing and (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release2) as is required by applicable Law and regulations. For the avoidance purpose of doubtthis Agreement, “Business Day” means any day other than a Saturday or a Sunday or a day on which commercial banking institutions in Israel, the US or Republic of China are authorized or obligated by Law or executive order to be closed. Any reference to “days” (unless Business Days are specified) shall mean calendar days. The Company and Purchaser shall consult with each other in issuing any press releases with respect to the Proposed Transactions, and neither the foregoing Company nor Purchaser shall issue any other provision such press release nor otherwise make any such public statement without the prior consent of this Agreement the Company, with respect to any press release of Purchaser, or without the prior consent of Purchaser, with respect to any press release of the Company, which consent shall not unreasonably be withheld or delayed, provided that either Party shall be deemed permitted to limit publicly disclose information that such Party determines in good faith is necessary to be disclosed to comply with Law or the rules or regulations of any customary disclosure made securities exchange on which such Party’s stock may be listed, or pursuant to an order of a court or governmental entity, in which case the disclosing Party shall promptly provide the other Party with prior notice of such public statement or communication. Furthermore, notwithstanding the foregoing, information contained in press releases previously approved by Buyer the Parties may be included in subsequent press releases and its Affiliates to external communications, by either Party without review by, or the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates necessity to obtain prior approval from, the Financingother Party.
Appears in 2 contracts
Sources: Share Purchase Agreement (Camtek LTD), Share Purchase Agreement (Camtek LTD)
Publicity. The initial press release regarding (a) Except as set forth in Section 8.1 above and clause (b) below, the Acquisition and the entering into terms of this Agreement may not be disclosed by either Party, and no Party shall be a joint press use the name, trademark, trade name or logo of the other Party or its employees in any publicity, news release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which or disclosure relating to this Agreement is signed. Thereafter (unless and until a Change or its subject matter, without the prior express written permission of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect theretoParty, except, in each case, (x) except as may be required by Law or expressly permitted by obligations pursuant the terms of the Transaction Agreements.
(b) Following the execution of this Agreement, the Parties shall issue a joint press release agreed to any listing agreement with by the Parties and substantially in the form set forth in Schedule F. After such initial press release, except as provided in Sections 8.1, 8.2.2(a), or 8.2.2(c), neither Party shall issue a press release or public announcement relating to this Agreement without the prior written approval of the other Party, which approval shall not be unreasonably withheld, conditioned or delayed, except that a Party may (i) once a press release or other public statement is approved in writing by both Parties, make subsequent public disclosure of the information contained in such press release or other written statement without the further approval of the other Party, and (ii) issue a press release or public announcement as required, in the reasonable judgment of such Party, by Law, including by the rules or regulations of the United States Securities and Exchange Commission or similar regulatory agency in a country other than the United States or of any national securities stock exchange or interdealer quotation service listing entity.
(c) Either Party may issue a press release or by the request of any Governmental Entity if it is not possible to consult with the other party before making any make a public statement with respect disclosure relating to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding Parties' activities under this Agreement and to the transactions contemplated hereby extent that such disclosure describes the commencement and/or “top-line” results of Clinical Trials of a Licensed Product conducted by such Party, the achievement by such Party of any material Development events with respect to their respective employees (subject to Section 6.9), and (z) a Licensed Product or the filing for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing receipt of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements Regulatory Approval with respect to the transactions contemplated hereby shall be consistent with Licensed Product by such joint communications planParty or its Related Parties in the Territory, or amounts paid to either Party in respect of the achievement of any milestone events. Without limiting the foregoing provisionsPrior to making any such disclosure, the Company shallParty making the disclosure shall provide the other Party with a draft of such proposed disclosure at least five (5) Business Days (or, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public faster timely disclosure of any a material developments event is required by Law or matters involving the Company (including the financial condition stock exchange or results stock market rules, such shorter period of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably time sufficiently in advance of publication or release. For the avoidance of doubtdisclosure so that the other Party will have the opportunity to comment upon the disclosure and the disclosing Party will be able to comply with its obligations) prior to making any such disclosure, neither for the foregoing nor any other provision of this Agreement Party's review and comment, which shall be deemed considered in good faith by the disclosing Party.
(d) Subject to limit any customary disclosure made by Buyer Sections 8.2.1 and 8.2.2(c), MedCo and its Affiliates Related Parties may make public announcements or disclosures reasonably necessary or useful to Develop or Commercialize the Financing Sources Licensed Products in the Field in the Territory, including disclosures necessary to recruit subjects to clinical trials and rating agencies in connection with efforts or activities by Buyer disclosures to advertise, promote and its Affiliates to obtain otherwise Commercialize the FinancingLicensed Products.
Appears in 2 contracts
Sources: License and Collaboration Agreement (Medicines Co /De), License and Collaboration Agreement (Medicines Co /De)
Publicity. The initial Parties shall issue a press release regarding release, in the Acquisition and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than form attached as Exhibit B, within one (1) business day following Business Day after the date hereof, to announce the execution of this Agreement and describe the material financial and operational terms of this Agreement. Except as required by judicial order or applicable Law, or as set forth below, neither Party shall make any public announcement concerning this Agreement without the prior written consent of the other Party, which consent shall not be unreasonably withheld or delayed. The Party preparing any such public announcement shall provide the other Party with a draft thereof at least three (3) Business Days prior to the date on which such Party would like to make the public announcement. Neither Party shall use the name, trademark, trade name or logo of the other Party or its employees, in any publicity or news release relating to this Agreement is signedor its subject matter, without the prior express written permission of the other Party. Thereafter (unless Notwithstanding the terms of this Section 6.1, either Party shall be permitted to disclose the existence and until a Change terms of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect this Agreement to the Acquisition extent required, based on the advice of such Party’s legal counsel, to comply with applicable Laws, including the rules and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or regulations promulgated by the request of Commission or any Governmental Entity if it is not possible to consult with other governmental authority. Notwithstanding the other party foregoing, before making any public statement with respect to disclosing this Agreement or any of the transactions contemplated terms hereof pursuant to this Section 6.1, the Parties will consult with one another on the terms of this Agreement for which confidential treatment will be sought in making any such disclosure. If a Party wishes to disclose this Agreement or any of the terms hereof in accordance with this Section 6.1, such Party agrees, at its own expense, to seek confidential treatment of the portions of this Agreement or such terms as may be reasonably requested by this Agreement, (y) the other Party; provided that the parties disclosing Party shall always be entitled to comply with legal requirements, including the requirements of the Commission. Either Party may provide ordinary course communications regarding also disclose the existence and terms of this Agreement in confidence to its attorneys and advisors, and to potential acquirors (and their respective professional advisors), in connection with a potential merger, acquisition or reorganization and to existing and potential investors or lenders of such Party, as a part of their due diligence investigations, or to existing and potential sublicensees or to permitted sublicensees and assignees, in each case under an agreement to keep the terms of this Agreement confidential under terms of confidentiality and non-use substantially no less rigorous than the terms contained in this Agreement and to use such information solely for the transactions contemplated hereby purpose permitted pursuant to their respective employees (subject to this Section 6.9)6.1. For purposes of clarity, and (z) for public announcements containing information consistent with any prior either Party may issue a press releases release or public statements announcement or make such other disclosure if the content of such press release, public announcement or disclosure has previously been made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop public other than through a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision breach of this Agreement shall be deemed to limit any customary disclosure made by Buyer and the issuing Party or its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingAffiliates.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Agenus Inc), Stock Purchase Agreement (Incyte Corp)
Publicity. The initial press release regarding (a) Neither the Acquisition and Shareholders nor the entering into Buyer, Stonepath or any Affiliate, shall disclose to the public or to any third party the existence of this Agreement shall or the transactions contemplated hereby or any other material nonpublic information (as construed pursuant to Regulation FD under the Securities Act) concerning or relating to any Party hereto, other than with the express prior written consent of the Party regarding whom such disclosure would be a joint press release made; provided, however, that disclosure may be made (the “Initial Public Announcement”a) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) minimum extent as may be required by Applicable Law or by obligations pursuant court order, or (b) to enforce the rights of such disclosing Party under this Agreement; provided further, however, that notwithstanding anything to the contrary contained in this Agreement, any Party hereto may disclose this Agreement to any listing agreement with of its directors, officers, employees, shareholders, affiliates, agents and representative who need to know such information for the sole purpose of evaluating, or rules performing its obligations or exercising its rights under this Agreement.
(b) Notwithstanding anything contained in this Section to the contrary,
(i) In the event a Party is required by court order or subpoena to disclose material nonpublic information of any national securities exchange another Party, prior to such disclosure, the disclosing Party shall: (i) promptly notify the non-disclosing Party and, if having received a court order or interdealer quotation service or by subpoena, deliver a copy of the request of any Governmental Entity if it is not possible same to consult the non-disclosing Party; (ii) cooperate with the other party before making any public statement non-disclosing Party at the expense of the non-disclosing Party in obtaining a protective or similar order with respect to this Agreement or any such information; and (iii) provide only such of the transactions contemplated Confidential Information of the non-disclosing Party as the disclosing Party is advised by this Agreementits counsel is necessary to strictly comply with such court order or subpoena; and
(ii) Except as reasonably necessary to comply with applicable securities laws, each Party (yand each employee, representative, or other agent of such party) may (A) consult any tax advisor regarding the United States federal income tax treatment or tax structure of the transaction, and (B) disclose to any and all Persons, without limitation of any kind, the United States federal income tax treatment and tax structure of the transaction and all material of any kind (including opinions or other tax analyses) that are provided to either Party. For the parties may provide ordinary course communications regarding purposes of this subsection (ii), the term "tax structure" is limited to the facts relevant to the United States federal income tax treatment of the transaction.
(c) Stonepath Group shall have the right to make such public disclosures of this Agreement and the transactions contemplated hereby to their respective employees as it determines in good faith are required under applicable federal securities laws or the rules of the Principal Exchange.
(subject to Section 6.9), and (zd) for public announcements containing information consistent with any prior The Parties anticipate issuing a mutually acceptable joint press releases or public statements made by the parties and release announcing the closing consummation of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingprovided for herein.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Stonepath Group Inc), Asset Purchase Agreement (Stonepath Group Inc)
Publicity. The initial press release regarding Neither Party may publicly disclose the Acquisition and the entering into existence or terms of this Agreement without the prior written consent of the other Party. Notwithstanding the foregoing, each Party shall be a joint press release have the right to disclose the existence or terms of this Agreement, or information relating to the Development Program, Remoxy, or other Products, without the consent of the other Party (a) to the “Initial Public Announcement”) which extent the parties shall release no later than one (1) business day following disclosure is required by law or by the date requirements of any nationally recognized securities exchange, quotation system, or over-the- counter market on which this Agreement such Party has its securities listed or traded, (b) to any investors, prospective investors, lenders, and other potential financing sources who are obligated to keep such information confidential, or (c) to any Third Party who is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior obligated by written confidentiality agreement to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, exceptkeep such information confidential; provided, in each case, (x) as may be required by Law or by obligations pursuant that the Party making such disclosure shall use reasonable efforts to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with provide the other party before making any public statement Party with as much notice beforehand as is reasonable under the circumstances with respect to this Agreement or any such disclosure. The Parties, upon the execution of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby will mutually agree to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior a press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements release with respect to the transactions contemplated hereby shall be consistent with Development Program for publication. Once such joint communications plan. Without limiting the foregoing provisionspress release or any other written statement is approved for disclosure by both Parties, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any either Party may make subsequent public disclosure of the contents of such statement without the further approval of the other Party. Additionally from time-to-time PTI may wish to issue press releases or make similar disclosures regarding the results or status of its research or Product activities, the achievement of a regulatory or development milestone, or any other material developments achievements under this Agreement or matters involving the Company (including the financial condition or results of operations DLA. Notwithstanding anything to the extent it materially deviates from previous projections)contrary in Section 10.3 or this Section 10.2, including earnings releasesPTI shall be free to issue such press releases or make such disclosures, reasonably in advance and shall have the right to choose the wording and timing of any such press releases and disclosures; provided that PTI agrees to provide King a draft copy of any such press release or disclosure at least twelve (12) hours prior to its publication or releasedisclosure, which copy in any event must be provided during normal business hours, and provided further that such disclosure does not mention King without King’s prior written consent. For King shall have the avoidance right to inform PTI of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financinginformation contained therein that King believes is inaccurate.
Appears in 2 contracts
Sources: License Agreement (Pain Therapeutics Inc), License Agreement (Pain Therapeutics Inc)
Publicity. The initial press release regarding the Acquisition and the entering into of relating to this Agreement shall be a joint press release (issued by the “Initial Public Announcement”) which Company and Parent, and thereafter until the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)Effective Time, the Company and Buyer each Parent shall consult with each other prior to before issuing any press releases release or otherwise making any public announcements or scheduling a press conference or conference calls with investors or analysts with respect to this Agreement or the Acquisition and the other transactions contemplated by this Agreement the Transaction Documents and shall not issue any such press release or make any such other public announcement without the prior to making consent of the other Parties, which consent shall not be unreasonably withheld, conditioned or delayed; provided that (i) a party hereto may, without the prior consent of the other Parties, issue any filings with press release or make any third party and/or any Governmental Entity (including any national securities exchange public statement or interdealer quotation service) with respect thereto, except, in each case, (x) other announcement as may be required by Law or Order, by obligations pursuant to the rules of NASDAQ or by any listing agreement with or rules of any applicable national securities exchange exchange, trading market or interdealer quotation service or by the request of any Governmental Entity listing authority, if it is not possible has used its commercially reasonable efforts to consult with the other party before making any Parties and to obtain such Parties’ consent but has been unable to do so prior to the time such press release or public statement is so required to be issued or made, and (ii) the Company and Parent will not be obligated to engage in such consultation or obtain any such consent with respect to any communication (1) that is principally directed to employees, customers, partners or vendors so long as such communications are consistent with previous releases, public disclosures or public statements made jointly by the Parties (or individually, if approved by the other party), or (2) relating to an Acquisition Proposal, Superior Proposal, Change in Recommendation or “stop-look-and-listen” communication or similar communication of the type contemplated by Rule 14d-9(f) under the Exchange Act. As promptly as practicable following the date of this Agreement and in compliance with applicable Laws, Parent and the Company shall develop a joint plan for communication to the Company’s employees, independent contractors, customers, suppliers and other strategic Persons about this Agreement and the transactions contemplated by this Agreement and upon development of such plan, Parent and the Company shall comply with such plan. Prior to making any written or oral communications to the employees or independent contractors of the Company or any of its Subsidiaries pertaining to compensation or benefit matters that are affected by the transactions contemplated by this Agreement, (y) the Company shall provide Parent with a copy of the intended communication, Parent shall have a reasonable period of time to review and comment on the communication, and Parent and the Company shall cooperate in providing any such mutually agreeable communication; provided that the parties may provide ordinary course Company and Parent will not be obligated to engage in such consultation or obtain any such consent with respect to any communication that is principally directed to employees, customers, partners or vendors so long as such communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information are consistent with any prior press releases previous releases, public disclosures or public statements made jointly by the parties and announcing Parties (or individually, if approved by the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projectionsParty), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financing.
Appears in 2 contracts
Sources: Merger Agreement, Merger Agreement (Planet Payment Inc)
Publicity. (a) The initial press release regarding the Acquisition and the entering into of this Agreement Merger shall be a joint press release (by the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter Company and Parent and thereafter (unless and until the Company Board shall have effected a Change of Recommendation has occurred or in accordance connection with Section 6.25.2(e), in which case the obligations set forth in this Section 5.7 shall not be applicable) the Company and Buyer Parent each shall consult with each the other prior to issuing issuing, and to the extent reasonably practicable under the circumstances give each other the opportunity to review and comment upon, any press releases or otherwise making any public announcements with respect to the Acquisition and Merger or any of the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, except that the limitations of this Section 5.7 shall not be applicable where such public announcements or filings are (xa) as may be required by Law or by applicable obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service service, or by (b) made at the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this AgreementEntity.
(b) Upon Parent’s request, (yi) that the Company and Parent shall cooperate to prepare, promptly following such request, a joint written presentation reasonably acceptable to both parties may provide ordinary course communications regarding to Institutional Shareholder Services Inc. (and such other proxy voting advisory services reasonably requested by Parent) recommending this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9)hereby, including the Merger, and (zii) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop request a joint communications plan and (b) to ensure that all press releases and other public statements meeting with respect to each such proxy voting advisory service for purposes of obtaining its recommendation of the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision adoption of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingCompany’s stockholders.
Appears in 2 contracts
Sources: Merger Agreement (Providence Equity Partners VI L P), Merger Agreement (Sra International Inc)
Publicity. The initial press release regarding Neither Purchaser, on the Acquisition and one hand, nor Seller, on the entering into other hand, will issue or permit any of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior their respective Affiliates or Representatives to issuing issue any press releases release, website posting or otherwise making other public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement announcement with respect to this Agreement or the transactions contemplated hereby without the prior written consent of the other Party (which consent shall not be unreasonably withheld, conditioned or delayed), except as may be required by Law, Educational Law or stock exchange rules or regulations (in which case whichever of Purchaser or its Affiliates or Seller or its Affiliates, as applicable, are required to make the release or statement shall (a) consult with the other Party (whether or not such other Party is named in such release or statement) at a reasonable time prior to its issuance to allow the other Party to comment on such release or statement in advance of such issuance, (b) consider in good faith any comments timely provided by such other Party to such release or statement and (c) after such release or statement, provide the other Party with a copy thereof (or summary thereof in the case of oral statements)); provided, however, that Purchaser and its Affiliates, on the one hand, and Seller and its Affiliates, on the other hand, may, subject to the terms and conditions of this Agreement, make public announcements and engage in public communications regarding this Agreement and the transactions contemplated hereby to the extent such announcements or communications are entirely consistent with the Parties’ prior public disclosures regarding the transactions contemplated by this Agreement in accordance with this Section 5.09 and do not contain any material information or disclosures concerning this Agreement or the transactions contemplated hereby that were not included in such prior public disclosures made in accordance with this Section 5.09. If either Party or any of its Affiliates, based on the advice of its counsel, determines that this Agreement must be publicly filed with a Governmental Authority or Educational Agency, then such Party or its applicable Affiliate, prior to making any such filing, shall use commercially reasonable efforts to provide the other Party and its counsel with the version of this Agreement that it intends to file, and consider in good faith any comments provided by the other Party or its counsel and use commercially reasonable efforts to ensure the confidential treatment by such Governmental Authority or Educational Agency of any terms or provisions specified by the other Party or its counsel for redaction and confidentiality. Notwithstanding any other provision of this Agreement, (yi) that the parties requirements of this Section 5.09 shall not apply to any disclosure of Seller, the Company Group, Purchaser or any of their respective Affiliates, of any information concerning this Agreement or the transactions contemplated hereby in connection with any dispute between the Parties or their respective Affiliates regarding this Agreement or the transactions contemplated hereby, (ii) Wengen, its direct and indirect equityholders, their respective affiliated investment funds and alternative investment vehicles and their respective Affiliates (defined without giving effect to the proviso in the definition thereof but excluding Seller, and its Subsidiaries (including the Company Group)) may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to each of their and their respective employees Affiliates’ (defined without giving effect to the proviso in the definition thereof but excluding Seller and its Subsidiaries, including the Company Group) and investors’ affiliated investment funds and investors and potential investors therein, in each case, who are subject to Section 6.9)customary confidentiality restrictions. Nothing herein shall prevent either Party from making internal announcements to its employees or communications with its Representatives, and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop in each case on a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingconfidential basis.
Appears in 2 contracts
Sources: Membership Interest Purchase Agreement (Laureate Education, Inc.), Membership Interest Purchase Agreement (Adtalem Global Education Inc.)
Publicity. The initial press release regarding the Acquisition Buyer Parties and the entering into Seller Parties will reasonably cooperate with each other in connection with the issuance of mutually acceptable press releases to be issued on or promptly after the date of this Agreement shall announcing the transactions contemplated hereby. Each of the Parties agrees not to, and to cause each of their respective Subsidiaries not to, issue, or cause or permit to be a joint issued, any press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which or other public statement regarding this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance or the transactions contemplated hereby without consulting with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and Parties prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange such release or interdealer quotation service) with respect theretostatement, except, if, in each casethe judgment of the disclosing Party, (x) as such release or statement may be required by Law (including the rules and regulations of the Commission) or by obligations any securities exchange or association on which such Party’s securities are traded (including pursuant to any listing agreement with agreement), in which case the Party required to make the release or rules announcement shall allow the other Party reasonable time to comment on such release or announcement in advance of any national securities exchange or interdealer quotation service or by such issuance. Notwithstanding the request of any Governmental Entity if it is not possible foregoing, (a) the Buyer Parties acknowledge and understand that the Seller Parties will be required (i) to consult seek the Requisite Shareholder Approval and such solicitations will be publicly disclosed, (ii) to amend A.L. Industrier’s Schedule 13D, as amended, on file with the other party before making any public statement with respect Commission (y) to disclose the signing of this Agreement or any (with a copy of this Agreement attached as an exhibit thereto) and (z) the closing of the transactions contemplated hereby, and (iii) to file a Form 4 with the Commission on behalf of A.L. Industrier to disclose the closing of the transactions contemplated by this Agreement, and (yb) the Seller Parties acknowledge and understand that Parent will be required to file a current report on Form 8-K to disclose (i) the parties may provide ordinary course communications regarding signing of this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), with a copy of this Agreement attached as an exhibit thereto) and (zii) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financinghereby.
Appears in 2 contracts
Sources: Stock Purchase Agreement (A L Industrier As), Stock Purchase Agreement (Alpharma Inc)
Publicity. The initial press release regarding the Acquisition Parties and the entering into of this Agreement Éxito shall be use reasonable best efforts to develop a joint press release (the “Initial Public Announcement”) which the parties communications plan and each Party and Éxito shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior use its reasonable best efforts to issuing any cause all press releases or otherwise making and other similar public announcements statements with respect to the Acquisition and the other transactions contemplated hereby, to the extent they have not been previously issued or disclosed, to be consistent with such joint communications plan. Unless prohibited by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by applicable Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to market authority, each Party and Éxito shall consult with the each other party before making issuing any press release or similar public written statement with respect to this Agreement or any of the transactions contemplated by this Agreement, shall not issue any such press release or similar public written statement prior to such consultation and shall consider in good faith all comments received in connection therewith. In addition to the foregoing, unless CGP, CBD or VV, respectively, determines in good faith (yafter consultation with outside legal counsel) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby disclosure is required by applicable Law or by obligations pursuant to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent any listing agreement with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts rules of any market authority, no Party nor Éxito shall issue any press release or otherwise make any similar public written statement or disclosure of concerning any material developments other Party or matters involving the Company (including the any other Party’s business, financial condition or results of operations operations, to the extent it materially deviates from previous projections)not previously disclosed, without the prior written consent of CGP. In any event, each Party and Joining Party shall comply with applicable laws and regulations in the relevant jurisdictions, including earnings releasesBrazil, reasonably in advance France, the Netherlands and the United States, as the case may be. In no circumstance shall any Brazilian Manager disclose any non-public information regarding the Project, except as may be otherwise directed by or agreed to by the Cnova Board, or make any public disclosure or other public statement with respect to the Project, except as may be otherwise agreed to by CGP. Each Party and CE shall ensure that its directors, officers and employees, as well as the directors, officers and employees of publication or release. For its Subsidiaries shall comply with the avoidance of doubt, neither the foregoing nor any other provision preceding paragraph of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingArticle 12.
Appears in 2 contracts
Sources: Framework and Ipo Agreement (Brazilian Distribution Co Companhia Brasileira De Distr CBD), Framework and Ipo Agreement (Cnova N.V.)
Publicity. The initial press release regarding the Acquisition and the entering into of this Agreement Merger shall be a joint press release of Parent and the Company reasonably acceptable to Parent and the Company. Thereafter, except as otherwise expressly contemplated by Section 6.02, neither the Company nor Parent, nor any of their respective Affiliates, shall issue any press release or make any other public announcement or public statement (to the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred extent not previously publicly disclosed or made in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements this Agreement) with respect to this Agreement or the Acquisition and the Merger or any other transactions contemplated by this Agreement without consulting with each other and prior providing meaningful opportunity for review and giving due consideration to making any filings with any third party and/or any Governmental Entity reasonable comment by the other Party, except (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (xa) as such press release or other public announcement may be required by Law applicable Law, in which case the Party required to issue the release or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by make the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company announcement shall use commercially reasonable efforts (a) to develop provide the other Party with a joint communications plan reasonable opportunity to review and comment on such release or announcement in advance of its issuance and shall give reasonable and good-faith consideration to any such comments proposed by the other Party, (b) any disclosure of information concerning this Agreement in connection with any dispute between the Parties regarding this Agreement, or (c) internal announcements to ensure employees that all press releases and other are not made public. Notwithstanding anything to the contrary in this Section 6.07, (i) each of the Parties may make public statements with respect in response to questions by the transactions contemplated hereby shall be press, analysts, investors, business partners or those attending industry conferences or financial analyst conference calls, so long as any such statements are consistent with such joint communications plan. Without limiting the foregoing provisionsprevious press releases, public disclosures or public statements made jointly by Parent and the Company shall, or to the extent reasonably practicable, provide Buyer reasonable notice that they have been reviewed and drafts of any public disclosure of any material developments or matters involving previously approved by both Parent and the Company and (including the financial condition ii) Parent, Merger Sub and their respective Affiliates may, without consultation or results consent, make ordinary course disclosure and communication to existing or prospective general or limited partners, equity holders, members, managers and investors of operations such Person or any Affiliates of such Person, in each case who are subject to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingconfidentiality restrictions.
Appears in 2 contracts
Sources: Merger Agreement (Convey Health Solutions Holdings, Inc.), Merger Agreement (Convey Health Solutions Holdings, Inc.)
Publicity. The Company and the Buyer agree to issue an initial joint press release regarding announcing the Acquisition execution and the entering into delivery of this Agreement shall to be a joint press release (reasonably agreed upon by the “Initial Public Announcement”) which Buyer and the parties shall release no later than one (1) business day following Company. Neither the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)Company, the Company and Buyer each Buyer, nor any of their respective affiliates shall consult with each issue or cause the publication of any public disclosure, press release, or other prior to issuing any press releases or otherwise making public announcements announcement with respect to the Acquisition and Merger, this Agreement or the other transactions contemplated by this Agreement and without the prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect theretowritten consent of the other party, exceptwhich consent shall not be unreasonably withheld, in each case, (x) except as may be required by Law or by obligations pursuant to any listing agreement with or rules of any a national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible all reasonable efforts have been made to consult with the other party before making and to afford such other party an opportunity to first review the content of the proposed disclosure and provide reasonable comment regarding the same; provided, that each party or any of their respective affiliates may issue public statement with respect to announcements or make other public disclosures regarding the Merger, this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the other transactions contemplated by this Agreement which are otherwise consistent that consist solely of information previously disclosed in press releases or announcements previously approved by either party or made by either party in compliance with the foregoing. Buyer and the Company this Section 5.9; provided, further, that neither party shall use commercially reasonable efforts be (a) restricted from making internal communications with its employees which are not made public; provided that such party shall consult with the other party with respect to develop a joint communications plan and (b) to ensure that all press releases and other public statements any such communication regarding material developments with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company Merger (including the financial condition or results of operations to the extent it materially deviates from previous projectionsother than those described in Section 5.3), including earnings releases, reasonably or (b) required by any provision of this Agreement to consult with or obtain any approval from any other party with respect to a public announcement or press release issued in advance connection with the receipt and existence of publication an Acquisition Proposal and matters related thereto or releasean Adverse Recommendation Change other than as set forth in Section 5.3. For the avoidance of doubt, neither nothing in this Section 5.9 shall prevent the foregoing nor Buyer or the Company from issuing any other provision of press release or making any public statement in the ordinary course that does not relate specifically to the Merger, this Agreement shall be deemed to limit any customary disclosure made or the other transactions contemplated by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingthis Agreement.
Appears in 2 contracts
Sources: Merger Agreement (Montage Resources Corp), Merger Agreement (Southwestern Energy Co)
Publicity. The initial Buyers and Parent shall not, and Parent shall cause the Selling Subsidiaries not to, issue any press release regarding the Acquisition and the entering into of release, public announcement or other disclosure concerning this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)Agreement, the Company and Buyer each shall consult with each Transaction Documents, the terms hereof or thereof and/or the transactions contemplated hereby or thereby without obtaining the prior written approval of the other prior to issuing any press releases Party, which approval will not be unreasonably withheld, conditioned or delayed, unless, in the reasonable judgment of Parent or Buyers, disclosure is otherwise making public announcements with respect required by Law, provided that, to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be extent required by Law, the Party intending to make such release, public announcement or disclosure shall use its Reasonable Efforts consistent with Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement Party with respect to this Agreement the text thereof prior to the issuance of such release, public announcement or disclosure (it being agreed and understood that no such consultation shall be required in the event that either Party makes any of filings with the United States Securities and Exchange Commission (whether on Form 8-K or otherwise) in connection with matters not primarily related to the transactions contemplated by this Agreement, (y) ). Parent and Buyers agree and understand that the parties may provide ordinary course communications regarding each Party intends to file a Form 8-K with respect to this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9)hereby, and (z) for public announcements containing information consistent in connection therewith, the Parties shall reasonably cooperate with each other, including by providing each other with a draft of such 8-K filing and reasonably considering any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially other Party’s reasonable efforts (a) comments thereto prior to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with making such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingfiling.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Northstar Realty Finance Corp.), Asset Purchase Agreement (Inland American Real Estate Trust, Inc.)
Publicity. The initial Neither party shall, without the prior written consent of the other party, issue any press release regarding or make any other public announcement or furnish any statement to any Third Person (except as required by law, including the Acquisition requirement to reasonably comply with all related laws and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)regulations, the Company and Buyer each shall consult with each other prior to issuing without limitation, any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any offering materials, filings with any third party and/or securities regulatory authority or any Governmental Entity (including any national securities exchange exchange, proxy statements, annual reports or interdealer quotation service) other communications with respect theretoits stockholders), except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect which makes reference to this Agreement or Agreement, any of the transactions contemplated by this Agreementhereby or thereby or the other party or its Affiliates. Each party shall provide drafts of any of the aforementioned documents containing any such reference (including without limitation, (y) that the parties may provide ordinary course communications regarding a copy of this Agreement or any excerpt hereof, proposed to be filed with any securities regulatory authority or any securities exchange) to the other party and its counsel in sufficient time for review such documents. In the event any party objects to any such reference, the applicable document will be modified to such party's reasonable satisfaction. If a party does not deliver its written comments on such documents within five (5) Business Days of receipt thereof, such party shall be deemed to have consented to any such references therein. When a party has obtained the other party's consent for a public announcement, it will not be required to obtain the other party's consent for a subsequent public announcement of the same subject matter which does not disclose any additional or different information concerning the other party or the transactions contemplated hereby from that contained in any previously approved disclosure. Nothing herein contained shall be construed to their respective employees impose upon any party any liability or other obligation (subject to Section 6.9), and (zthe other party or any other Person) for public announcements containing information consistent with in respect of any prior press releases or public statements such references in any such documents. In the event of a dispute as to whether the proposed disclosure is required to be made by Aphton under applicable securities legislation or stock exchange requirement, such dispute if not resolved by corporate counsel to Aphton and PMC, shall be resolved in accordance with the legal opinion received from a law firm that is reasonably acceptable to the parties and announcing the closing has no material relationship with any of the transactions contemplated by this Agreement which are otherwise consistent parties or their Affiliates, with the foregoing. Buyer and fees to such law firm to be paid by the Company shall use commercially reasonable efforts (a) party seeking to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates withhold information from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingpublication.
Appears in 2 contracts
Sources: Co Promotion Agreement and License (Aphton Corp), Co Promotion Agreement and License (Aphton Corp)
Publicity. The initial press release regarding Following the Acquisition execution of this Agreement, Parent and the entering into of this Agreement Company shall be a issue an initial joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless agreed upon by Parent and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company regarding the Merger, and Buyer each thereafter, during the Pre-Closing Period, neither the Company nor Parent shall consult with each other prior to issuing issue any press releases or otherwise making make public announcements with respect to the Acquisition Merger and the other transactions contemplated by this Agreement and without the other Party’s prior consent (such consent not to making any filings with any third party and/or any Governmental Entity (including any national securities exchange be unreasonably withheld, conditioned or interdealer quotation servicedelayed) with respect thereto, except, in each case, (x) except as such release or announcement may be required by Law or by obligations pursuant to any listing agreement with the rules or rules regulations of any national United States securities exchange or interdealer quotation service or by to which the request of any Governmental Entity if it relevant Party is not possible subject, in which case such Party shall use reasonable efforts to consult with the other party before making any public statement with respect Party in advance of such release or announcement. Notwithstanding anything to this Agreement or any of the transactions contemplated by contrary contained in this Agreement, (y) that the parties may provide ordinary course communications restrictions in this Section 6.8 shall not apply to any communication made by any Party regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent an Acquisition Proposal or a Change of Recommendation or in connection with any prior Proceeding in which the Parties are adverse to each other. Notwithstanding the foregoing, (a) each Party may, without such consultation, make internal announcements to employees and make disclosures in documents (including exhibits and all other information incorporated therein) required to be filed or furnished by the Company with the SEC, so long as such statements are consistent in all respects with previous press releases releases, public disclosures or public statements made jointly by the parties and announcing the closing of the transactions contemplated by Parties (or individually in accordance with this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (aSection 6.8) to develop a joint communications plan and (b) each Party may, without such consultation, make any public statement in response to ensure that all questions from the press, analysts, investors or those attending industry conferences so long as such statements are not inconsistent with previous press releases and other releases, public disclosures or public statements made jointly by the Parties hereto (or individually in accordance with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projectionsthis Section 6.8), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financing.
Appears in 2 contracts
Sources: Merger Agreement (Advanced Disposal Services, Inc.), Merger Agreement (Waste Management Inc)
Publicity. The initial press release regarding the Acquisition and the entering into of this Agreement Merger shall be a joint press release of the Parties reasonably acceptable to the Company and Parent (the “Initial Public Announcement”). Thereafter, the Company (except in connection with (a) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until any communication principally related to a Superior Proposal or a Change of Recommendation has occurred Recommendation, (b) any dispute between or among the Parties regarding this Agreement or the transactions contemplated hereby or (c) public statements made by a Party in accordance with Section 6.2this Agreement, including in investor conference calls, SEC Reports, Q&As or other publicly disclosed documents, in each case of this clause (c), to the Company extent such disclosure is substantially consistent with prior disclosure and Buyer each shall still accurate), and Parent shall, to the extent practicable, (i) consult with each other prior to issuing any press releases releases, participating in any media interviews, or otherwise making public announcements with respect to the Acquisition Merger and the other transactions contemplated by this Agreement Agreement, (ii) provide to each other for review a copy of any such press release or public statement, (iii) not issue any such press release or public statement prior to providing each other with reasonable period of time to review and comment on such press release or public statement, and (iv) consult with each other prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, except for communications that are (xA) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible (or, in the case of the Company, by the fiduciary duties of the Board of Directors (or a duly authorized committee thereof) as reasonably determined by the Board of Directors (or a duly authorized committee thereof) after consultation with outside legal counsel and subject to consult the terms of Section 6.1), (B) principally directed to employees, suppliers, customers, partners or vendors so long as such communications are consistent with the other party before making any previous press releases, public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases disclosures or public statements made jointly by the parties Parties (or individually if approved by the other Party), or (C) principally related to a Superior Proposal or Change of Recommendation. Notwithstanding the foregoing, this Section 6.7 shall not apply to any press release or other public statement made by the Company or Parent (x) that is substantially consistent with the Announcement and announcing the closing terms of this Agreement and does not contain any information relating to the Company or Parent that has not been previously announced or made public in accordance with the terms of this Agreement or (y) is made in the ordinary course of business and does not relate specifically to the signing of this Agreement or the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financinghereby.
Appears in 2 contracts
Sources: Merger Agreement (American Renal Associates Holdings, Inc.), Merger Agreement (American Renal Associates Holdings, Inc.)
Publicity. (a) The initial press release regarding the Acquisition and the entering into of this Agreement Mergers shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless by SuperMedia and until a Change of Recommendation has occurred in accordance with Section 6.2)Dex and thereafter, the Company SuperMedia and Buyer Dex each shall consult with each the other prior to issuing any press releases or otherwise making public announcements (including conference calls with investors and analysts) with respect to the Acquisition and the Mergers or any other transactions contemplated by this Agreement and Agreement. No Party shall issue any such press release or make any such public statement prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect theretosuch consultation, except, in each case, (x) as may be except to the extent the disclosing Party determines it is required to do so by applicable Law or by obligations pursuant to any listing agreement with the NYSE or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible NASDAQ, in which case such Party shall use all reasonable efforts to consult with the other party Other Party before issuing any such release or making any such public statement statement.
(b) Upon the request of either Party, (i) SuperMedia and Dex shall promptly prepare a mutually acceptable joint written presentation to Institutional Shareholder Services and/or Glass Lewis recommending this Agreement and the transactions contemplated hereby, including the Mergers, and (ii) SuperMedia and Dex shall request a meeting with Institutional Shareholder Services and/or Glass Lewis for purposes of obtaining its recommendation of the adoption of this Agreement by SuperMedia’s and Dex’s stockholders.
(c) Before any Merger Communication of SuperMedia or Dex or any of its respective “participants” (as defined in Item 4 of Schedule 14A of the Exchange Act) is (i) disseminated to any investor, analyst, member of the media, employee, client, customer or other Third Party or otherwise made accessible on the website of SuperMedia or Dex, as applicable or such participant (whether in written, video or oral form via webcast, hyperlink or otherwise), or (ii) utilized by any executive officer, key employee or advisor of SuperMedia or Dex, as applicable or any such participant, as a script in discussions or meetings with any such Third Parties, each of SuperMedia and Dex shall (or shall cause any such participant to) cooperate in good faith with respect to any such Merger Communication for purposes of, among other things, determining whether that communication constitutes “soliciting material” that is required to be filed by Rule 14a-6(b) or Rule 14a-12(b) of the Exchange Act. SuperMedia and Dex shall (or shall cause any such participant to) give reasonable and good faith consideration to any comments made by the Other Party and its counsel on any such Merger Communication.
(d) For purposes of this Agreement Agreement, “Merger Communication” means any document or other written communication prepared by or on behalf of SuperMedia or Dex or any Subsidiary thereof, or any document or other material or information posted or made accessible on the website of SuperMedia or Dex (whether in written, video or oral form via webcast, hyperlink or otherwise), that is related to any of the transactions contemplated by this AgreementAgreement and, if reviewed by a stockholder of SuperMedia or Dex, as applicable, could reasonably be deemed to constitute a “solicitation” of “proxies” (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9)in each case, and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing as defined in Rule 14a-1 of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (aExchange Act) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications planMergers. Without limiting the foregoing provisions“Third Party” means any Person or group other than SuperMedia, the Company shallSuperMedia Subsidiaries, to Dex or the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingDex Subsidiaries.
Appears in 2 contracts
Sources: Merger Agreement (Supermedia Inc.), Merger Agreement (DEX ONE Corp)
Publicity. The initial (a) Subject to Section 14.2(c), neither Party shall use the name, symbol, trademark, trade name or logo of the other Party or any of its Affiliates in any press release, publication or other form of public disclosure without the prior written consent of the other Party (such consent not to be unreasonably withheld or delayed), except for those disclosures for which consent has already been obtained. Notwithstanding the foregoing, Novartis shall be entitled to use the name of Licensor to the extent necessary or reasonably useful in connection with the Development, manufacture or Commercialization of the Licensed Compounds or Products, including in connection with sublicensing and subcontracting transactions.
(b) Licensor may issue a press release regarding announcing this Agreement, in a form agreed to in writing by Novartis, on or promptly following the Acquisition and Effective Date.
(c) Subject to Section 14.2(b), each Party agrees not to issue any press release or other public statement, whether oral or written, disclosing the entering into existence of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)Agreement, the Company and Buyer each shall consult with each other prior to issuing terms hereof or any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect information relating to this Agreement or any without the prior written consent of the transactions contemplated by this Agreement, (y) other Party; provided that the parties Novartis may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all issue press releases and other public statements as it deems appropriate in connection with the Development and Commercialization of Products under this Agreement after giving Licensor reasonable advance notice of such press release or public statement, which notice will include a summary of the substantive content of such press release or public statement.
(d) Notwithstanding the foregoing in this Section 14.2, each Party may make any disclosures required of it to comply with any duty of disclosure it may have pursuant to applicable Law, including pursuant to the rules of any recognized stock exchange. In the event of a disclosure required by applicable Law, including the rules of any recognized stock exchange, the Parties shall coordinate with each other with respect to the transactions contemplated hereby timing, form and content of such required disclosure. If so requested by the other Party, the Party subject to such obligation shall use commercially reasonable efforts to obtain an order protecting to the maximum extent possible the confidentiality of such provisions of this Agreement as reasonably requested by the other Party. If the Parties are unable to agree on the form or content of any required disclosure, such disclosure shall be consistent limited to the minimum required as determined by the disclosing Party in consultation with such joint communications planits legal counsel. Without limiting the foregoing provisionsforegoing, each Party shall consult with the Company shallother Party on the provisions of this Agreement, together with the Exhibits, Schedules or 264814036 v4 EXECUTION COPY CONFIDENTIAL INFORMATION other attachments attached hereto, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of be redacted in any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure filings made by Buyer Licensor or Novartis with the Securities and its Affiliates to the Financing Sources and rating agencies in connection with efforts Exchange Commission (or activities other regulatory body) or as otherwise required by Buyer and its Affiliates to obtain the FinancingLaw.
Appears in 2 contracts
Sources: License and Collaboration Agreement (Molecular Partners Ag), License and Collaboration Agreement (Molecular Partners Ag)
Publicity. The initial Parties shall issue a press release regarding release, in the Acquisition and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than form attached as Exhibit B, within one (1) business day following Business Day after the date hereof, to announce the execution of this Agreement and describe the material financial and operational terms of this Agreement. Except as required by judicial order or applicable Law, or as set forth below, neither Party shall make any public announcement concerning this Agreement without the prior written consent of the other Party, which consent shall not be unreasonably withheld or delayed. The Party preparing any such public announcement shall provide the other Party with a draft thereof at least three (3) Business Days prior to the date on which such Party would like to make the public announcement. Neither Party shall use the name, trademark, trade name or logo of the other Party or its employees, in any publicity or news release relating to this Agreement is signedor its subject matter, without the prior express written permission of the other Party. Thereafter (unless and until a Change Notwithstanding the terms of Recommendation has occurred in accordance with this Section 6.2), either Party shall be permitted to disclose the Company existence and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect terms of this Agreement to the Acquisition extent required, based on the advice of such Party’s legal counsel, to comply with applicable Laws, including the rules and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or regulations promulgated by the request of Commission or any Governmental Entity if it is not possible to consult with other governmental authority. Notwithstanding the other party foregoing, before making any public statement with respect to disclosing this Agreement or any of the transactions contemplated terms hereof pursuant to this Section 6.2, the Parties will consult with one another on the terms of this Agreement for which confidential treatment will be sought in making any such disclosure. If a Party wishes to disclose this Agreement or any of the terms hereof in accordance with this Section 6.2, such Party agrees, at its own expense, to seek confidential treatment of the portions of this Agreement or such terms as may be reasonably requested by this Agreement, (y) the other Party; provided that the parties disclosing Party shall always be entitled to comply with legal requirements, including the requirements of the Commission. Either Party may provide ordinary course communications regarding also disclose the existence and terms of this Agreement in confidence to its attorneys and advisors, and to potential acquirors (and their respective professional advisors), in connection with a potential merger, acquisition or reorganization and to existing and potential investors or lenders of such Party, as a part of their due diligence investigations, or to existing and potential sublicensees or to permitted sublicensees and assignees, in each case under an agreement to keep the terms of this Agreement confidential under terms of confidentiality and non-use substantially no less rigorous than the terms contained in this Agreement and to use such information solely for the transactions contemplated hereby purpose permitted pursuant to their respective employees (subject to this Section 6.9)6.2. For purposes of clarity, and (z) for public announcements containing information consistent with any prior either Party may issue a press releases release or public statements announcement or make such other disclosure if the content of such press release, public announcement or disclosure has previously been made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop public other than through a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision breach of this Agreement shall be deemed to limit any customary disclosure made by Buyer and the issuing Party or its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingAffiliates.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Incyte Corp), Stock Purchase Agreement (Agenus Inc)
Publicity. The initial press release regarding releases issued by each party announcing the Acquisition Merger and the entering into of transactions contemplated by this Agreement shall be in a joint press release (form that is mutually acceptable to Parent and the “Initial Public Announcement”) which Company. Thereafter, the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing and shall mutually agree upon any press releases or otherwise making public announcements with respect pertaining to this Agreement and the Acquisition and Merger or the other transactions contemplated by this Agreement and shall not issue any such press releases or make any such public announcements prior to making any filings with any third party and/or any Governmental Entity such consultation and agreement, except (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (xi) as may be required by applicable Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer automated quotation service system, in which case the party proposing to issue such press release or by the request of any Governmental Entity if it is not possible make such public announcement shall use its reasonable best efforts to consult in good faith with the other party before issuing any such press releases or making any such public statement with respect announcements; provided, that no such consultation shall be required to this Agreement make any disclosure or otherwise take any of action expressly permitted by Section 7.2 or following a Board Recommendation Change; provided, further, that the transactions contemplated by Company may include disclosures relating to this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement Merger and the transactions contemplated hereby to their respective employees (subject to Section 6.9)herein in its periodic filings with the SEC, and (zb) for Parent may make announcements to its Affiliates, in the case of each (a) and (b), without seeking approval from, or consulting with, the other party so long as such disclosures are substantially similar to the information contained in previous press releases, public announcements containing information consistent with any prior press releases disclosures or public statements made jointly by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer Parent and the Company shall use commercially reasonable efforts (aor individually, if approved by the other party), or (ii) each of Parent and the Company may make any public statement in response to develop a joint communications plan and (b) specific questions by the press, analysts, investors or those attending industry conferences or financial analyst conference calls, so long as such statements are substantially similar to ensure that all the information contained in previous press releases and other releases, public disclosures or public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice made jointly by Parent and drafts of any public disclosure of any material developments or matters involving the Company (including or individually, if approved by the financial condition or results of operations to the extent it materially deviates from previous projectionsother party), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financing.
Appears in 2 contracts
Sources: Merger Agreement (Cpi International, Inc.), Merger Agreement (Cpi International, Inc.)
Publicity. The initial press release regarding the Acquisition and the entering into of this Agreement Mergers shall be a joint press release (in a form as agreed to by the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signedparties. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), a) the Company and Buyer each shall consult with each other prior to issuing not, without the consent of Parent, make any press releases or otherwise making other public announcements communications (including with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity or the Transactions) except (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (xi) as may be required by Law applicable Laws or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is Entity, in which case the Company will, to the extent not possible prohibited by Law, prior to making such release or announcement, provide a copy of such release or announcement to Parent and consult with Parent regarding the contents thereof or (ii) releases, communications or statements regarding the Company’s and its Subsidiaries’ products, operations and services, which releases, communications and statements are in the ordinary course of business and consistent with past practice and (b) Parent (i) shall not, without the consent of the Company (not to be unreasonably withheld, conditioned or delayed), make any press release or other party before making any public statement communication with respect to this Agreement or the Transactions; provided that Parent may issue press releases or other public communications that are consistent with prior press releases issued or other public communications made in compliance with this Section 4.10 or any of the transactions contemplated communication plan or strategy previously agreed to by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement Parent and the transactions contemplated hereby to their respective employees (Company; provided, further, that, subject to Section 6.9)4.3, the foregoing restrictions in this clause (i) shall not apply to any press release or other public communication in connection with a Company Acquisition Proposal, Company Adverse Recommendation Change or Company Intervening Event Recommendation Change and (zii) for public announcements containing information consistent shall consult with the Company regarding any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements communications (including with respect to this Agreement or the transactions contemplated hereby shall Transactions) except, in each case, (x) as may be consistent required by applicable Laws or by obligations pursuant to any listing agreement with such joint communications plan. Without limiting or rules of any national securities exchange or interdealer quotation service or by the foregoing provisionsrequest of any Governmental Entity, the Company shallin which case Parent will, to the extent not prohibited by Law and if reasonably practicable, prior to making such release or announcement, provide Buyer reasonable notice a copy of such release or announcement to the Company and drafts consult with the Company regarding the contents thereof or (y) releases, communications or statements regarding Parent’s and its Subsidiaries’ products, operations and services, which releases, communications and statements are in the ordinary course of business and consistent with past practice. Notwithstanding the foregoing, (A) nothing in this Section 4.10 shall limit the Company’s or the Company Board’s rights under Section 4.3 or the Parent’s or the Parent Board’s rights under Section 4.4, (B) the Company will not be required to consult with Parent in connection with any such press release or public statement regarding a Company Adverse Recommendation Change or Company Intervening Event Recommendation Change if the Company Board shall so have effected, (C) Parent will not be required to consult with the Company in connection with any such press release or public statement regarding a Parent Adverse Recommendation Change or Parent Intervening Event Recommendation Change if the Parent Board shall so have effected and (D) the requirements of this Section 4.10 shall not apply to any disclosure by the Company or Parent of any public disclosure of information concerning this Agreement or the Transactions in connection with any material developments dispute between the parties regarding this Agreement or matters involving the Transactions. In addition, the Company (including the financial condition may, without Parent, Titanium Merger Sub or results of operations Forward Merger Sub’s consent, communicate to its employees, customers, suppliers and consultants; provided that, such communication to the extent it materially deviates from previous projections)related to the Transactions, including earnings releasesParent, reasonably in advance its Affiliates or the post-Closing operation of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer Company’s and its Affiliates Subsidiaries’ business is consistent with any communications plan or prior communications previously agreed to by Parent and the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingCompany.
Appears in 2 contracts
Sources: Merger Agreement (QXO, Inc.), Merger Agreement (QXO, Inc.)
Publicity. The initial press release regarding the Acquisition and the entering into of this Agreement Merger shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), issuance agreed by the Company and Buyer each Parent; provided that the Company may also, separately, issue its own press release so long as (i) such release is not inconsistent with the joint press release and (ii) Parent has been provided a reasonable opportunity to review in advance of the issuances of such press release. Thereafter, neither the Company, on the one hand, nor Parent or Merger Sub, on the other hand, shall consult with each other prior to issuing issue any press releases release or otherwise making make any other public announcements announcement with respect to the Acquisition Merger and the other transactions contemplated by this Agreement without the prior written consent of the other (such consent not to be unreasonably withheld or delayed), except to the extent the information contained therein relating to the Merger and prior the other transactions contemplated hereby is substantially consistent with (A) information included in the initial press release or a press release or other public announcement to making any filings with any third party and/or any Governmental Entity which Parent or Merger Sub (including any national securities exchange in the case of the Company) or interdealer quotation servicethe Company (in the case of Parent or the Merger Sub), as applicable, has previously consented to, or (B) with respect theretoa communications plan approved in writing by the Company and Parent, except, in each case, (x) and further except as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this AgreementEntity, (y) provided, that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby foregoing restriction shall not apply to their respective employees (subject a) any press release or other public announcement made or proposed to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements be made by the parties and announcing Company solely to the closing extent related to a Company Acquisition Proposal or Company Change of Recommendation to the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) extent not expressly prohibited pursuant to develop a joint communications plan and Section 5.2, or (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, by the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingemployees.
Appears in 2 contracts
Sources: Merger Agreement (Elevate Credit, Inc.), Merger Agreement (Elevate Credit, Inc.)
Publicity. The initial Each Party shall not (and shall cause its Affiliates not to) make any press release or other public announcement regarding the Acquisition and existence of this Agreement, the entering into contents hereof or the transactions contemplated hereby without the prior written consent of the other Parties; provided, however, that the foregoing shall in no way restrict the following: (i) any disclosure of the existence of this Agreement shall be and the related transactions by a joint Party pursuant to a press release or other public announcement to the extent that the other Parties are not identified in such disclosure; (ii) disclosure to the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which extent necessary for a Party to perform this Agreement is signed. Thereafter (unless and until a Change including disclosures to Governmental Authorities or Third Parties holding preferential rights to purchase, rights of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each consent or other prior to issuing any press releases or otherwise making public announcements with respect rights that may be applicable to the Acquisition and the other transactions transaction contemplated by this Agreement and prior Agreement, as reasonably necessary to making any filings with any third party and/or any Governmental Entity provide notices, seek waivers, amendments or termination of such rights, or seek such consents); (including any national iii) disclosure to the extent required (upon advice of counsel) by applicable securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law other laws or by obligations pursuant to any listing agreement with regulations or the applicable rules of any national securities stock exchange having jurisdiction over the Parties or interdealer quotation service their respective Affiliates; or by (iv) disclosure to the request extent, subject to this Section 17.09, such Party has given the other Party a reasonable opportunity to review such disclosure prior to its release and no objection is raised; and provided, further, that, in the case of any Governmental Entity if it is not possible the foregoing clauses “(ii)” and “(iii),” each Party shall use its reasonable efforts to consult with the other party before Party regarding the contents of any such release or announcement prior to making such release or announcement. Notwithstanding the foregoing, after Closing, any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties Party may provide ordinary course communications disclose high-level summary financial information regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) in industry conference presentations or similar disclosures to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments potential or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingactual limited investors.
Appears in 2 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (WPX Energy, Inc.)
Publicity. The initial press release regarding the Acquisition (a) Each of ABS and the entering into Parent, and each of their respective Affiliates, shall not make any public announcements or communicate with any news media in respect of this Agreement shall be a joint press release (or the “Initial Public Announcement”) which transactions contemplated hereby without the prior written consent of the other of ABS or Parent, and the parties shall release no later than one cooperate as to the timing and contents of any such announcement; provided, that this provision shall not preclude public announcements required by Applicable Law (1subject to Section 5.02(c)) business day or as permitted by Section 5.02(b).
(b) Promptly following the date on which this Agreement is signed. Thereafter (unless Effective Date, Parent and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each ABS shall consult with each other prior to issuing any mutually approve coordinated press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement and Parent and ABS may make subsequent public disclosure of the contents of such press releases following the earlier of (i) the date Parent publicly discloses a Clinical Trial on ▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ and (ii) March 31, 2021. Subject to the foregoing, Parent and ABS agree not to issue any press release or other public statement, whether oral or written, disclosing the terms hereof or any of the transactions contemplated activities conducted hereunder without the prior written consent of the other party, provided, however, that neither Parent nor ABS will be prevented from complying with any duty of disclosure it may have pursuant to Applicable Laws or pursuant to the rules of any recognized stock exchange or quotation system, subject to that party notifying the other party of such duty and limiting such disclosure as reasonably requested by this Agreement, the other party (yand giving the other party sufficient time to review and comment on any proposed disclosure.
(c) The parties hereby acknowledge and agree that the parties either Parent or ABS may provide ordinary course communications regarding be required by Applicable Laws to submit a copy of this Agreement and to SEC or any national or sub-national securities regulatory body in any jurisdiction (collectively, the transactions contemplated hereby “Securities Regulators”). If Parent or ABS is required by Applicable Laws to their respective employees (subject submit a description of the terms of this Agreement to Section 6.9), and (z) for public announcements containing information consistent or file a copy of this Agreement with any prior press releases or public statements made by the parties Securities Regulator, such party agrees to consult and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent coordinate with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements party with respect to such disclosure or the transactions contemplated hereby shall be consistent preparation and submission of a confidential treatment request for this Agreement. Notwithstanding the foregoing, if Parent or ABS is required by Applicable Laws to submit a description of the terms of this Agreement to or file a copy of this Agreement with any Securities Regulator and such joint communications plan. Without limiting party has (i) promptly notified the foregoing provisionsother party in writing of such requirement and any respective timing constraints, (ii) provided copies of the Company shall, proposed disclosure or filing to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, other party reasonably in advance of publication such filing or releaseother disclosure and (iii) given the other party a reasonable time (not less than five (5) Business Days) under the circumstances to comment upon and request confidential treatment for such disclosure, then such party will have the right to make such disclosure or filing at the time and in the manner reasonably determined by its counsel to be required by Applicable Laws or the applicable Securities Regulator. For If a party seeks to make a disclosure or filing as set forth in this Section 5.02(c) and the avoidance of doubtother party provides comments within the respective time periods or constraints specified herein, neither then the foregoing nor any other provision of this Agreement shall be deemed party seeking to limit any customary make such disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies or filing will in connection with efforts or activities by Buyer and its Affiliates to obtain the Financinggood faith consider incorporating such comments.
Appears in 2 contracts
Sources: Merger Agreement (Erasca, Inc.), Merger Agreement (Erasca, Inc.)
Publicity. The initial press release regarding Neither Party may publicly disclose the Acquisition and the entering into existence or terms of this Agreement without the prior written consent of the other Party. Notwithstanding the foregoing, each Party shall be a joint press release have the right to disclose the existence or terms of this Agreement, or information relating to the Development Program, Remoxy, or other Products, without the consent of the other Party (a) to the “Initial Public Announcement”) which extent the parties shall release no later than one (1) business day following disclosure is required by law or by the date requirements of any nationally recognized securities exchange, quotation system, or over-the-counter market on which this Agreement such Party has its securities listed or traded, (b) to any investors, prospective investors, lenders, and other potential financing sources who are obligated to keep such information confidential, or (c) to any Third Party who is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior obligated by written confidentiality agreement to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, exceptkeep such information confidential; provided, in each case, (x) as may be required by Law or by obligations pursuant that the Party making such disclosure shall use reasonable efforts to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with provide the other party before making any public statement Party with as much notice beforehand as is reasonable under the circumstances with respect to this Agreement or any such disclosure. The Parties, upon the execution of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby will mutually agree to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior a press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements release with respect to the transactions contemplated hereby shall be consistent with Development Program for publication. Once such joint communications plan. Without limiting the foregoing provisionspress release or any other written statement is approved for disclosure by both Parties, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any either Party may make subsequent public disclosure of the contents of such statement without the further approval of the other Party. Additionally from time-to-time PTI may wish to issue press releases or make similar disclosures regarding the results or status of its research or Product activities, the achievement of a regulatory or development milestone, or any other material developments achievements under this Agreement or matters involving the Company (including the financial condition or results of operations DLA. Notwithstanding anything to the extent it materially deviates from previous projections)contrary in Section 8.3 or this Section 8.2, including earnings releasesPTI shall be free to issue such press releases or make such disclosures, reasonably in advance and shall have the right to choose the wording and timing of any such press releases and disclosures; provided that PTI agrees to provide King a draft copy of any such press release or disclosure at least twelve (12) hours prior to its publication or releasedisclosure, which copy in any event must be provided during normal business hours, and provided further that such disclosure does not mention King without King’s prior written consent. For King shall have the avoidance right to inform PTI of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financinginformation contained therein that King believes is inaccurate.
Appears in 2 contracts
Sources: Collaboration Agreement (Pain Therapeutics Inc), Collaboration Agreement (Pain Therapeutics Inc)
Publicity. The initial press release regarding Except as set forth in Section 9.1 above and Section 9.2.2(a) through (c) below, the Acquisition and the entering into terms of this Agreement may not be disclosed by either Party, and no Party shall be a joint press release (use the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change name, trademark, trade name or logo of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by Party or its employees in any publicity, news release or disclosure relating to this Agreement and Agreement, its subject matter or the activities of the Parties hereunder without the prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect theretoexpress written permission of the other Party, except, in each case, (x) except as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or expressly permitted by the request terms hereof.
(a) Following the execution of any Governmental Entity if it is not possible to consult with this Agreement, the other party before making any Parties shall issue a joint press release of which content shall be mutually agreed between the Parties. After such initial press release, except as provided in Section 9.2.2(b), neither Party shall issue a press release or public statement with respect relating to this Agreement without the prior written approval of the other Party, which approval shall not be unreasonably withheld, conditioned or delayed, except that a Party may (i) once a press release or other public statement has been made by a Party in accordance with this Agreement, make subsequent public disclosure of any of the transactions contemplated by this Agreementinformation contained in such press release or other written statement, (y) that without the parties may provide ordinary course communications regarding this Agreement and approval of the transactions contemplated hereby to their respective employees (subject to Section 6.9)other Party, and (zii) for public announcements containing information consistent with any upon prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shallwritten notice, to the extent reasonably practicablepermitted under applicable Law, provide Buyer to the other Party, issue a press release or public announcement as required, in the reasonable notice and drafts judgment of any public disclosure of any material developments or matters involving the Company such Party, by Law.
(including the financial condition or results of operations b) In addition, either Party may, upon prior written notice, to the extent permitted under applicable Law, to the other Party, issue a press release or make a public disclosure relating to such Party’s Development, use, Manufacturing, having Manufactured or Commercialization activities with respect to Licensed Products in the Field in accordance with this Agreement and Karyopharm may, upon a prior written notice to Ono, issue a press release or make a public disclosure relating to the Development, use, Manufacturing, having Manufactured or Commercialization activities with respect to Licensed Products outside the Field, provided that such press release or public disclosure does not disclose Confidential Information of the other Party. The Party wishing to issue such press release or make such a public disclosure shall provide the other Party with such draft at least [**] prior to such press release or public disclosure for other Party’s review. The reviewing Party shall have the right to propose modifications to such press release or public disclosure for patent reasons or, trade secret reasons or business reasons, and the publishing Party will remove all Confidential Information of the reviewing Party if requested by the reviewing Party. Notwithstanding the foregoing, a Party may issue such press release or make such a public disclosure without [**] prior written notice to the other Party if in the reasonable judgment of such Party, such press release or public disclosure within the period shorter than [**] is required by Law, provided that the Party shall provide the other Party with a copy of such press release or other public disclosure no later than when it materially deviates from previous projections), including earnings releases, reasonably in advance of publication is issued or releasereleased. For Either Party may publicly announce or disclose without regard to the avoidance of doubt, neither the foregoing nor any other provision preceding requirements of this Agreement Section 9.2.2(b) any information that was previously publicly disclosed pursuant to this Section 9.2.2(b). Furthermore, either Party may issue a full translation of a press release or public disclosure to be issued by the other Party.
(c) Each Party shall be deemed entitled to limit any customary disclosure made by Buyer include the name and its Affiliates picture of the other Party within a list of collaborators with consent of the other Party. Once a Party obtains such consent from the other Party, such Party may use the name and picture of such other Party in a Party’s annual report, company brochure or website and so on, and such Party may continue to use them in the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingsame.
Appears in 1 contract
Publicity. The initial press release regarding the Acquisition and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making No public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect announcement related to this Agreement or any of the transactions contemplated herein will be issued without the joint approval of Sellers and Buyer, which approval shall not be unreasonably withheld, conditioned or delayed, except in any public disclosure which Sellers, in their good faith judgment, believe is required by applicable Law or by any stock exchange on which their securities are listed. If a Seller, in its good faith judgment, believes such disclosure is required, such Seller shall use its commercially reasonable efforts to consult with Buyer, and to consider in good faith any revisions proposed by ▇▇▇▇▇, as applicable, prior to making (or prior to any Affiliate making) such disclosure; provided that Buyer shall deemed to have consented to any such disclosure to the extent such Seller has provided Buyer with a draft thereof and Buyer has not suggested any revisions within five (5) Business Days of ▇▇▇▇▇'s receipt of such draft. Notwithstanding the foregoing, without the approval of the other Party, Buyer and Sellers and their respective Affiliates may, following the Closing Date and subject to the other terms and conditions of this Agreement, (ya) that make internal announcements to their and their Affiliates' respective employees and Affiliates, (b) communicate with Governmental Authorities regarding this Agreement and the parties may provide ordinary course transactions contemplated hereby, and (c) make the public announcements and engage in public communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9in the case of this clause (c), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, solely to the extent reasonably practicable, provide such announcements or communications are consistent with a communications plan agreed upon by Sellers and Buyer reasonable notice or their respective prior public communications made in compliance with this Section 5.02). The press release announcing the execution and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision delivery of this Agreement shall not be deemed to limit any customary disclosure made by Buyer and its Affiliates issued prior to the Financing Sources approval of each of Sellers and rating agencies in connection Buyer. Veru shall file a current report on Form 8-K with efforts or activities by Buyer the Securities and its Affiliates to obtain Exchange Commission attaching the Financingannouncement press release and a copy of this Agreement as exhibits.
Appears in 1 contract
Publicity. The initial Neither the Company nor Parent (nor any of their respective Affiliates) shall issue any press release regarding the Acquisition and the entering into of or make any public announcement with respect to this Agreement or the transactions contemplated hereby without the prior agreement of the other party (and none of Parent or its Affiliates shall be a joint issue or make any press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each or other prior to issuing any press releases or otherwise making public announcements announcement with respect to the Acquisition and Intel Purchase Agreement or the Intel Transaction without the prior agreement of the Company). Notwithstanding the foregoing, with respect to any communications to be delivered orally, including by conference call or webcast, this Section 6.6 shall be deemed satisfied if, to the extent practicable, the disclosing party gives advance notice of such disclosure to the other transactions contemplated party, including copies of any talking points, scripts or similar documents, and consults with the other party and considers in good faith any comments by such other party with respect thereto; provided, however, the prior agreement of the other party shall be required with respect to such disclosures to the extent that the non-disclosing party reasonably determines that any such disclosure would be materially adverse to the non-disclosing party. Notwithstanding the foregoing sentences of this Section 6.6, (i) each party shall be permitted to issue any press release or make any public announcement or disclosure as provided by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any a national securities exchange exchange, in which case the party proposing to issue such press release or interdealer quotation service make such public announcement or by the request of any Governmental Entity if it is not possible disclosure shall use its reasonable efforts to consult in good faith with the other party before making any such public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9)announcements, and (zii) for either party may make any oral or written public announcements containing information consistent with any prior press announcements, releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent without complying with the foregoing. Buyer foregoing procedures if the substance of such announcements, releases or statements was publicly disclosed and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect previously subject to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice requirements for agreement and/or consultation and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or releaseconsideration. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall Company will no longer be deemed required to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies consult with Parent in connection with efforts any such press release or activities by Buyer and its Affiliates public announcement if the Company’s Board of Directors has effected any Change in Recommendation or shall have resolved to obtain the Financingdo so.
Appears in 1 contract
Publicity. The Parties agree that the initial press release regarding to be issued with respect to the Acquisition execution and the entering into delivery of this Agreement shall be a joint in the form mutually agreed upon by Purchaser and the Company. Prior to the Closing Date or any earlier termination of this Agreement pursuant to the terms hereof, the Parties shall not issue any press release or other public communications (the “Initial Public Announcement”) which the parties shall release no later other than one (1) business day following the date on which any communications permitted by this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred Section 12.2 or in accordance with Section 6.2)the communications plan approved by Purchaser and the Company) relating to the terms of this Agreement or the Transactions, unless required by applicable Law and except as reasonably necessary for the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to obtain the Acquisition Company Shareholder Approval and the other transactions contemplated by this Agreement consents and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any approvals of the transactions Company Shareholders and other third parties contemplated by this Agreement. Notwithstanding anything to the contrary contained herein, in Section 8.2 or in that certain Confidentiality/Nondisclosure Agreement, dated as of April 26, 2021 between Purchaser and the Company, (ya) that the parties Purchaser may provide ordinary course be permitted to make such public communications regarding this Agreement or the Transactions as Purchaser may determine is reasonable and appropriate for a public reporting company (provided that Purchaser shall use reasonable best efforts to provide the Company and the transactions contemplated hereby Seller a reasonable chance to review and comment on any such communications to be distributed on or prior to the Closing Date, providing such communications at least two Business Days prior to their respective employees (subject to Section 6.9)release, and (z) for public announcements containing information consistent with including any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent Forms 8-K filed with the foregoing. Buyer and the Company shall use commercially reasonable efforts SEC (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice )) and drafts of any public disclosure of any material developments or matters involving (b) the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain and their respective representatives may make such public communications regarding this Agreement or the FinancingTransactions that are consistent with previous press releases or public announcements made in compliance with this Section 12.2.
Appears in 1 contract
Publicity. The initial press release regarding attached to this Agreement as Exhibit E shall be issued by both Parties on the Acquisition Effective Date. Thereafter, the Parties recognize that each Party may from time to time desire to issue press releases and the entering into make other public statements or public disclosures (each, a “Public Statement”) in respect of this Agreement Agreement, including the Development or Commercialization of Licensed Products in the Territory. If Hutchmed desires to make a Public Statement, it shall be provide Epizyme a joint press release (the “Initial copy of such Public Announcement”) which the parties shall release no later than one (1) business day following Statement at least [**] prior to the date it desires to make such public disclosure. Hutchmed shall not issue a Public Statement without Epizyme’s prior written approval, which advance approval shall not be unreasonably withheld, conditioned or delayed. Epizyme shall provide to Hutchmed a preliminary draft of any Public Statement that it intends to make on a global basis with respect to Development of Licensed Products at least [**] in advance of such public disclosure and shall provide a final draft of such Public Statement at least [**] in advance of such public disclosure; provided that, if such Public Statement includes data owned by Hutchmed with respect to a Local Trial or Pre-Clinical Research conducted by Hutchmed in the Territory, Epizyme shall obtain Hutchmed’s prior written approval to include such data, which this Agreement is signedapproval shall not be unreasonably withheld, conditioned or delayed. Thereafter (unless and until a Change of Recommendation Once any public statement or public disclosure has occurred been approved in accordance with this Section 6.2)10.4, then the Company and Buyer each shall consult with each other prior to issuing any press releases applicable Party may communicate information contained in such permitted statement or otherwise making public announcements with respect disclosure. Notwithstanding anything to the Acquisition and the other transactions contemplated by contrary in this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect theretoSection 10.4, except, nothing in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement 10.4 shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingeither Party’s rights under Section 10.3.
Appears in 1 contract
Publicity. The initial press release regarding Except as is necessary to comply with applicable laws and regulations or to enforce their respective rights under this Agreement, or to a party's legal or financial advisors, and except as otherwise agreed to by the Acquisition and parties in writing, the entering into parties shall: (a) keep the material terms of this Agreement shall be a joint press release confidential; (b) agree upon the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition text and the other transactions contemplated by this Agreement and prior exact timing of an initial public announcement relating to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with as soon as practicable after the foregoing. Buyer Effective Date (such agreement not to be unreasonably withheld or delayed); and (c) agree on the text and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other timing of any subsequent public statements with respect to announcements regarding this Agreement or the transactions contemplated hereby herein. Where consent to disclosure has been previously obtained, either party shall be consistent free to make further disclosures of such information in the same or substantially similar form without the need for any further advance approval. If this Agreement is required to be filed by either party with the Securities and Exchange Commission or an equivalent foreign Regulatory Authority, such joint communications planparty shall not file this Agreement with the SEC or such other Regulatory Authority without first notifying the other party and seeking confidential treatment * = CONFIDENTIAL TREATMENT REQUESTED: MATERIAL HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. Without limiting for any provisions of this Agreement that the foregoing provisionsother party believes would disclose trade secrets, confidential commercial or financial information that would impair the Company shall, value of the contractual rights represented by this Agreement or provide detailed commercial and financial information to competitors or third parties. Nothing in this Section 5.1 shall prohibit disclosure of the terms of this Agreement in the event and to the extent reasonably practicable, provide Buyer reasonable notice and drafts such disclosure is required by the SEC or such other Regulatory Authority in the event the SEC or such regulatory Authority rejects or requests modifications of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations an application for confidential treatment request made pursuant to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingSection 5.1.
Appears in 1 contract
Sources: Screening and Analysis Services Agreement (Neogenesis Pharmaceuticals Inc)
Publicity. The initial press release regarding the Acquisition and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing and shall mutually agree upon any press releases or otherwise making public announcements with respect pertaining to this Agreement, the Acquisition Offer and the other transactions contemplated by this Agreement Merger and shall not issue any such press releases or make any such public announcements prior to making any filings with any third party and/or any Governmental Entity such consultation and agreement, except (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (xi) as may be required by applicable Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer automated quotation service system, in which case the party proposing to issue such press release or by the request of any Governmental Entity if it is not possible make such public announcement shall use commercially reasonable efforts to consult with the other party before issuing any such press releases or making any such public statement with respect announcements, it being understood that the final form and content of any such release or announcement, to the extent so required, will be at the final discretion of the disclosing party; provided, that each of Parent and the Company may include disclosures relating to this Agreement or any of Agreement, and the transactions contemplated by this Agreement, (y) that including the parties may provide ordinary course communications regarding this Agreement Offer and the transactions contemplated hereby Merger, in its periodic filings with the SEC without seeking approval from, or consulting with, the other party so long as such disclosures are substantially similar to their respective employees the information contained in previous press releases, public disclosures or public statements made jointly by Parent and the Company (subject to Section 6.9)or individually, if approved by the other party) and (zii) for each of Parent and the Company may make any public announcements containing statement in response to specific questions by the press, analysts, investors or those attending industry conferences or financial analyst conference calls, so long as such statements are substantially similar to the information consistent contained in previous press releases, public disclosures or public statements made jointly by Parent and the Company (or individually, if approved by the other party). Notwithstanding the foregoing, this Section 7.8 shall not apply with respect to any prior press releases or public statements made by announcements regarding (A) disputes among the parties and announcing the closing of the transactions contemplated by regarding this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts Agreement, or (aB) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of Acquisition Proposal or any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingBoard Recommendation Change.
Appears in 1 contract
Publicity. (a) The initial press release regarding the Acquisition Stockholder shall, and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)cause its Affiliates to, the Company and Buyer each shall consult with each other prior to the Parent before issuing any press releases or otherwise making release and other written communications to be used in public announcements distribution channels with respect to this Agreement, the Acquisition and Merger Agreement or the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect theretoTransactions that discloses Parent’s involvement in the Transactions and, except, in each case, (x) except as may be required by Applicable Law or by obligations pursuant to any listing agreement with or rules rule of any national securities exchange or interdealer quotation service or by association, the request Stockholder shall not, and shall cause its Affiliates not to, issue any such press release and other written communications to be used in public distribution channels before such consultation (and, to the extent applicable, shall reasonably in advance provide copies of any Governmental Entity if it is not possible such press release to Parent and shall consider in good faith the comments of the Parent).
(b) Parent and its Subsidiaries shall consult with the Stockholder before issuing any press release and other party before making any written communications to be used in public statement distribution channels with respect to this Agreement, the Merger Agreement or the Transactions that discloses the Stockholder’s involvement in the Transactions, and, except as may be required by Applicable Law or any listing agreement with or rule of the transactions contemplated by this Agreementany national securities exchange or association, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with shall not issue any prior such press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases release and other written communications to be used in public statements with respect to the transactions contemplated hereby shall be consistent with distribution channels before such joint communications plan. Without limiting the foregoing provisions, the Company shallconsultation (and, to the extent reasonably practicableapplicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, shall reasonably in advance provide copies of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates such press release to the Financing Sources Stockholder and rating agencies shall consider in good faith the comments of the Stockholder).
(c) Notwithstanding anything herein to the contrary, the restrictions set forth in this Section 4.01 shall not apply (i) to any press release in connection with efforts any dispute between the parties regarding this Agreement, the Merger Agreement, any Ancillary Agreement or activities by Buyer the Transactions or (ii) any information that is (or the relevant portion of which is) substantially consistent with information previously disclosed publicly (which had been provided to the other party for review and its Affiliates to obtain the Financingcomment).
Appears in 1 contract
Publicity. The initial press release regarding Except as otherwise required herein, the Acquisition and the entering into of this Agreement Parties shall be use their commercially reasonable best efforts to (i) develop a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement communication plan with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement Merger and the transactions contemplated hereby to their respective employees Transactions, (subject to Section 6.9), and (zii) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to this Agreement or the transactions contemplated hereby Transactions shall be consistent with such joint communications communication plan, and (iii) consult promptly with each other prior to issuing any press release or otherwise making any public statement with respect to the Merger and the Transactions, provide to the other Party for review a copy of any such press release or statement, and not issue any such press release or make any such public statement without the other Party’s consent, unless required by Applicable Law or any listing agreement with or rules and regulations of a securities exchange or the National Association of Securities Dealers. Without limiting In addition, at the foregoing provisions, request of the Company shallor any stockholder of the Company party to a Voting Agreement, from (i) the time this Agreement is first publicly announced through the date the Form S-4 is declared effective by the SEC and (ii) on the date of the Closing, Parent shall use commercially reasonable best efforts to publicly disseminate (by press release or the filing of a Form 8-K with the SEC) information relating to the Company, Parent and the transactions contemplated by this Agreement as may reasonably be necessary to permit hedging transactions by holders of Common Stock relating to shares of Parent Common Stock (including purchases and short sales) or the adoption of trading plans under Rule 10b5-1 to the extent reasonably practicablenecessary to avoid violation of Section 10b-5 of the Exchange Act; provided, provide Buyer reasonable notice and drafts however, that Parent shall not be required to make any disclosure if, after consultation with outside legal counsel, Parent determines in good faith that public dissemination of any information is not required under the federal securities laws to permit such transactions by holders of Common Stock (if Parent so determines public disclosure dissemination of any material developments or matters involving information is not required, Parent shall advise the Company (including the financial condition or results any stockholder that made a request pursuant to this section for dissemination of operations to the extent it materially deviates from previous projectionsits determination reasonably promptly), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financing.
Appears in 1 contract
Publicity. The initial Upon execution of this Agreement, the Parties shall jointly issue a press release regarding announcing the Acquisition and the entering into execution of this Agreement shall be a joint in form and substance substantially as attached hereto as Exhibit D. Thereafter, during the term of this Agreement, the content of any press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect announcement relating to this Agreement and/or Licensed Products shall be mutually agreed by the Parties, which agreement shall not be unreasonably withheld, delayed or conditioned, except that a Party may, without the other Party's consent, (a) issue such press release or public announcement if the contents of such press release or public announcement have previously been made public other than through a breach of this Agreement by the issuing Party or its Affiliates, (b) issue such press release or public announcement if the contents of such press release or public announcement are limited substantially to any of the transactions contemplated matters set forth on Exhibit E, or (c) issue such a press release or public announcement if such Party reasonably determines, based on advice from its counsel, that it is required to issue such a press release or public announcement by this Agreementapplicable law, regulation or legal process, including by the rules or regulations of the SEC or similar regulatory agency in a country other than the United States or of any stock exchange or NASDAQ, in which event such Party shall provide at least two (y2) that business days' prior notice of such intended press release or public announcement to the parties may provide ordinary course communications regarding other Party unless the disclosing Party is prevented by law, regulation or legal process for providing such advance notice and shall include in such press release or public announcement only such information relating to this Agreement and and/or the transactions contemplated hereby to their respective employees (Licensed Product as it reasonably determines is required by such applicable law, regulation or legal process. The Party subject to Section 6.9), and (z) for public announcements containing information consistent with any prior the requirement to issue such press releases release or public statements made announcement shall, if reasonably practicable under the circumstances, consider in good faith all comments provided by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) other Party prior to develop a joint communications plan and (b) to ensure that all such press releases and other release or public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingannouncement.
Appears in 1 contract
Sources: Collaboration Agreement (Alnylam Pharmaceuticals, Inc.)
Publicity. The initial press release regarding the Acquisition concerning this Agreement and the entering into of this Agreement shall Merger will be a joint press release (jointly agreed by the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which Parties. Thereafter, so long as this Agreement is signedin effect, neither the Company nor Parent, nor any of their respective Subsidiaries or affiliates (including Guarantor), shall issue or cause the publication of any press release or other public announcement or disclosure with respect to the Merger, the other Transactions or this Agreement or the Voting Agreement without the prior written consent of the other Party, unless (i) such Party determines, after consultation with outside counsel, that it is required by applicable Law or by any listing agreement with or the listing rules of a national securities exchange or trading market to issue or cause the publication of such press release or other public announcement or disclosure with respect to the Merger, the other Transactions or this Agreement or the Voting Agreement, in which event such Party shall use commercially reasonable efforts, to provide a meaningful opportunity to the other Party to review and comment upon such press release or other announcement or disclosure in advance and shall give due consideration to all reasonable additions, deletions or changes suggested thereto; (ii) solely to the extent that such release, announcement or disclosure relates to any Proceedings between the Parties relating to this Agreement; or (iii) such release, announcement or disclosure is consistent with previous press releases, public disclosures or public statements made by Parent or the Company in compliance with this Section 6.3 and does not include any material information not previously set forth in such press releases, public disclosures or public statements. Thereafter (unless and until The restrictions of this Section 6.3 do not apply with respect to the Company to a public release, announcement or disclosure issued in connection with a Change of Recommendation has occurred in accordance with or relating to a Superior Proposal or as otherwise permitted by Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except5.2, in each case, (x) as may provided such public release, announcement or disclosure is made in compliance with Section 5.2, and Parent shall not be required by Law or by obligations pursuant this Section 6.3 to any listing agreement with or rules obtain prior consent of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement Company with respect to this Agreement any public release, announcement or disclosure issued in connection with or responsive to any of the transactions contemplated by this Agreementrelease, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases announcement or public statements made disclosure issued by the parties and announcing the closing Company in connection with a Change of the transactions contemplated Recommendation or relating to a Superior Proposal or otherwise permitted by this Agreement which are otherwise consistent with the foregoingSection 5.2. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision A breach of this Agreement Section 6.3 by Guarantor shall be deemed to limit any customary disclosure made be a breach of this Section 6.3 by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingParent.
Appears in 1 contract
Publicity. The initial press release regarding (a) Prior to the Acquisition and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)Closing, the Company and Buyer each shall consult with each other prior to issuing any all press releases or otherwise making other public communications or announcements with respect relating to the Acquisition Transactions, and the other transactions contemplated method and timing of the release for publication thereof, shall be subject to the prior mutual approval of SPAC and ▇▇▇▇▇▇▇, which approval shall not be unreasonably withheld, conditioned or delayed by this Agreement either Party; provided, that each of SPAC and prior ▇▇▇▇▇▇▇ may make any such press release, public communication or announcement which it in good faith believes is required to making any filings comply with any third party and/or any Governmental Entity applicable Law (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or the rules of any national securities exchange exchange), in which case SPAC or interdealer quotation service ▇▇▇▇▇▇▇, as applicable, shall use their commercially reasonable efforts to coordinate such press release, public communication or by the request of any Governmental Entity if it is not possible to consult other announcement with the other party before making any public statement with respect Party prior to announcement or issuance thereof, and allow the other Party a reasonable opportunity to comment thereon (which such comments shall be considered by SPAC or ▇▇▇▇▇▇▇, as applicable, in good faith); provided, further, that no Party shall be required to obtain consent pursuant to this Agreement Section 12.12(a) to the extent any proposed press release or statement is substantially equivalent to any press release or other public communication or announcement that has previously been made public without breach of the transactions contemplated by obligations under this AgreementSection 12.12(a). For the avoidance of doubt, (y) that the parties may provide ordinary course communications nothing contained in this Section 12.12 shall prevent SPAC or ▇▇▇▇▇▇▇ or their respective Affiliates from making non-public announcements or furnishing customary summarized information regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), current and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and prospective investors.
(b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby The restrictions in Section 12.12(a) shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, not apply to the extent reasonably practicablethat a public announcement is required by applicable securities Law, provide Buyer any Governmental Authority or stock exchange rule; provided, however, that in such an event, the Party making such required announcement shall, if permitted by applicable Law, use its reasonable notice and drafts of any public disclosure of any material developments or matters involving best efforts to consult with the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably other Party in advance as to its form, content and timing and consider in good faith any comments of publication the other Party. Disclosures resulting from the Parties’ efforts to satisfy or release. For obtain approval or early termination in connection with the avoidance of doubt, neither the foregoing nor Regulatory Approvals and to make any other provision of this Agreement related filing shall be deemed not to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingviolate this Section 12.12.
Appears in 1 contract
Sources: Business Combination Agreement (ExcelFin Acquisition Corp.)
Publicity. The initial press release regarding the Acquisition Seller and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following Buyer agree that, from the date on hereof through the Closing Date, except as required by law or applicable rules or regulations of any stock exchange (in which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)case, the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange such release, announcement or interdealer quotation service) with respect theretostatement, exceptBuyer shall give written notice to Seller describing in reasonable detail the proposed content thereof and shall permit Seller to review and comment upon the form and substance of such release, in each case, (x) as may be required by Law announcement or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9statement), and (z) for public announcements containing information consistent with any prior press releases no release, announcement or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to statement concerning the transactions contemplated hereby shall be consistent with such issued or made by or on behalf of any party without the prior consent of the other party, except that Seller may make announcements from time to time to its employees, customers, suppliers and other business relations. Notwithstanding the foregoing, Seller and Buyer shall cooperate to prepare a joint communications planpress release to be issued on the Closing Date. Without limiting Seller and Buyer agree to keep the foregoing provisionsterms of this Agreement confidential, the Company shall, except to the extent reasonably practicable, provide Buyer reasonable notice required by applicable law or any applicable stock exchange or for financial reporting purposes and drafts except that the parties may disclose such terms to their respective accountants and other representatives as necessary in connection with the ordinary conduct of any public disclosure of any material developments their respective businesses (so long as such Persons agree to or matters involving are bound by contract to keep the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision terms of this Agreement confidential). In addition, Buyer shall be deemed not disclose the name or identity of any of the stockholders of Seller (including in any release, announcement or statement or otherwise), without the prior written consent of Seller, unless such disclosure is required by applicable law, any applicable stock exchange or governmental regulations or by order of a court of competent jurisdiction, in which case, prior to limit any customary making such disclosure, Buyer shall give written notice to Seller describing in reasonable detail the proposed content of such disclosure made by Buyer and its Affiliates shall permit Seller and the applicable stockholders of Seller to review and comment upon the Financing Sources form and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingsubstance of such disclosure.
Appears in 1 contract
Sources: Asset Purchase Agreement (Church & Dwight Co Inc /De/)
Publicity. The initial parties have agreed upon the form and content of their own press release regarding releases to be issued by each of the Acquisition and parties promptly following the entering into execution of this Agreement in the forms attached hereto as Schedule 13.3. Once such press release or any other written statement is approved for disclosure by the parties, either party may make subsequent public disclosure of the contents of such statement without the further approval of the other party. Any other publicity, news release, public comment or other public announcement, whether to the press, to stockholders, or otherwise, relating to this Agreement, shall first be reviewed and approved by the parties, except no such approval shall be required for such publicity, news release, public comment or other public announcement which, in accordance with the advice of legal counsel to the party making such disclosure, is required by Legal Requirement or for appropriate market disclosure; provided, however, that each party shall be entitled to refer publicly to the relationship of the parties reflected in this Agreement in a manner that is consistent with the joint press release issued by the parties. For clarity, any party making any announcement which is required by Legal Requirement will, unless prohibited by law, give the other party an opportunity to review the form and content of such announcement and comment before it is made. The parties shall work together to coordinate their respective filings with governmental agencies, including the United States Securities and Exchange Commission (“SEC”), as to the “Initial Public Announcement”contents and existence of this Agreement as each party shall reasonably deem necessary or appropriate and each party shall provide the other party an opportunity to comment on any proposed filings to ensure consistent treatment. The parties acknowledge that this Agreement and one or more of the other Transaction Documents may need to be filed by one or both parties with the SEC. The parties agree, prior to making any such filing with the SEC, to provide the other party and its counsel with (i) a proposed redacted version of this Agreement (and any other Transaction Document, as applicable) which it intends to file with the parties shall release no later than one SEC, and (1ii) business day following any draft correspondence proposed to be sent to the date on which this SEC requesting the confidential treatment by the SEC of those redacted sections of the Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2or any other Transaction Document, as applicable), and to give due consideration to any comments provided by the Company other party or its counsel and Buyer each shall consult use reasonable efforts to ensure the confidential treatment by the SEC of those sections specified by such other party or its counsel. Certain information in this document has been omitted and filed separately with each other prior to issuing any press releases or otherwise making public announcements the Securities and Exchange Commission. Confidential treatment has been requested with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingomitted portions marked [***].
Appears in 1 contract
Publicity. The initial No Party may make any public announcement, press release regarding or other disclosure about the Acquisition and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions activities contemplated by this Agreement, this Agreement or the transactions contemplated hereby, except:
(ya) that the parties may provide ordinary course communications regarding Contemporaneous with execution of this Agreement and other agreements among the transactions contemplated hereby Parties or their Affiliates to their respective employees (subject to Section 6.9)be signed on or about the Effective Date, and (z) for in which case the Parties will co-ordinate a public announcements containing information consistent with any prior announcement by means of issuing a press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and release in an agreed form;
(b) After prior written approval by the other Party;
(c) If any portion of Confidential Information is required to ensure that all press releases be disclosed by subpoena, Law, litigation, or similar legal process, or to a Governmental Authority, Receiving Party will promptly inform Disclosing Party of the existence, terms, and other public statements circumstances surrounding such request, and before any such disclosure is required, so as to allow Disclosing Party to protect the Confidential Information, Receiving Party will consult with respect Disclosing Party on the advisability of taking legally-available steps to the transactions contemplated hereby resist or narrow such request. The Receiving Party shall be consistent thereafter seek (where applicable) to obtain a protective order, and Receiving Party shall cooperate with such joint communications plan. Without limiting the foregoing provisionsDisclosing Party in its efforts to obtain a protective order, to restrict access to, and any use or disclosure of, the Company shallConfidential Information;
(d) To the extent required by stock exchange rules, but in either case only after consultation with the other Party, to the extent reasonably practicablefeasible, provide Buyer reasonable notice about the timing, method and drafts content of such disclosure; and
(e) To its financiers, insurers and any public disclosure bona fide potential purchaser of any material developments it or matters involving the Company (including the financial condition its assets that enters into a customary confidentiality agreement, and their professional advisors subject to a customary confidentiality agreement or results if applicable a duty of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance confidentiality imposed by Law or contract for performance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingsuch advisor’s services.
Appears in 1 contract
Publicity. The initial Parties agree that the Corporation will issue a press release regarding the Acquisition and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement as soon as practicable after its due execution, the content of which shall be agreed upon by each of the Parties. The Parties shall reasonably co-operate in the preparation of presentations and/or communication plans, if any, to the shareholders of the Corporation or other stakeholders regarding this Agreement. A Party shall not issue any press release or make any other public statement or disclosure with respect to this Agreement without the consent of the other Party (which consent shall not be unreasonably withheld, conditioned or delayed); provided, however, that the foregoing shall be subject to each Party’s overriding obligation to make any disclosure or filing in accordance with Applicable Laws, including Securities Laws, and if, in the opinion of its outside legal counsel, such disclosure or filing is required and the other Party has not reviewed or commented on the disclosure or filing, the Party shall use its reasonable best efforts to give the other Party prior oral or written notice and a reasonable opportunity to review or comment on the disclosure or filing (other than with respect to confidential information contained in such disclosure or filing). The Party making such disclosure shall give reasonable consideration to any comments made by the other Party or its counsel, and if such prior notice is not possible, shall give such notice immediately following the making of such disclosure or filing. Notwithstanding the foregoing, a Party may have discussions with its shareholders, financial analysts and other stakeholders relating to this Agreement or the transactions contemplated by this Agreementit, provided that such discussions (yi) that are not inconsistent with (A) the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9)most recent press release, and (z) for public announcements containing information consistent with any prior press releases disclosures or public statements made by the parties Corporation or MDCI that was approved by all Parties prior to filing or release, as applicable, and announcing (B) any joint communication plan developed by the closing Parties, and (ii) in the case of discussions by the transactions contemplated Corporation, do not include any representation regarding the intentions of MDCI or its Affiliates in respect of its investment in the Corporation, unless specifically agreed by MDCI. The Parties acknowledge that the Corporation will file this Agreement which are otherwise consistent with the foregoing. Buyer on SEDAR, and the Company shall use commercially reasonable efforts (a) Corporation agrees to develop a joint communications plan make any redactions to such documents required to be filed reasonably requested by MDCI and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made permitted by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingApplicable Law.
Appears in 1 contract
Publicity. The initial press release regarding this Agreement, the Acquisition Merger and the entering into of transactions contemplated by this Agreement shall be a joint press release (to be reasonably agreed upon by Parent and the “Initial Public Announcement”) which Company. Thereafter, none of the parties Company, Parent or Merger Sub shall, and the Company shall not permit any of its Subsidiaries to, issue or cause the publication of any press release no later than one (1) business day following or similar public announcement with respect to, or otherwise make any public statement concerning, this Agreement, the date on which Merger or the other transactions contemplated by this Agreement is signed. Thereafter without the prior consent (unless which consent will not be unreasonably withheld, conditioned or delayed) of Parent, in the case of a proposed announcement or statement by the Company, or the Company, in the case of a proposed announcement or statement by Parent or Merger Sub; provided, however, that either party may, without the prior consent of the other party (but after prior consultation with the other party to the extent practicable under the circumstances) issue or cause the publication of any press release or other public announcement to the extent such party may reasonably conclude may be required by applicable Law or by the rules and until regulations of the NYSE; provided, further, however, that the restrictions set forth in this Section 7.8 will not apply to (a) any release or public statement made or proposed to be made by any party in connection with an Acquisition Proposal or made or proposed to be made relating to a Company Adverse Recommendation Change of Recommendation has occurred in accordance with Section 6.2)this Agreement, (b) any release or public statement that does not contain information related to Parent or its Affiliates, this Agreement or the transactions contemplated by this Agreement that has not been previously publicly disclosed in a press release, public statement or filing with the SEC that was not made in violation of this Agreement, (c) any release or public statement made in the ordinary course of business and that does not expressly and substantively relate to Parent or its Affiliates, this Agreement or the transactions contemplated by this Agreement or (d) any release or public statement in connection with any dispute between the parties hereto regarding this Agreement, the Merger, or the transactions contemplated by this Agreement. The Company and Buyer each shall consult with each other not, without Parent’s prior written consent (such consent not to issuing be unreasonably withheld, conditioned or delayed) make any press releases or otherwise making public announcements communications to employees with respect to the Acquisition Merger and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange containing information that has not been previously publicly disclosed in a press release or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult filing with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications planSEC. Without limiting the foregoing provisionsforegoing, the Company shall, and Parent will consult with each other and provide the other with a reasonable opportunity to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor comment before publishing any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts press release or activities by Buyer and its Affiliates to obtain the Financingpublic announcement.
Appears in 1 contract
Sources: Merger Agreement (Avangrid, Inc.)
Publicity. The initial In furtherance of the confidentiality restrictions set forth in Section 4.2 and Section 9.1(d), prior to the Closing and after any termination of this Agreement, as applicable, each Buyer Party shall hold, and shall cause their Affiliates and Representatives to hold, in confidence, all confidential documents and information concerning Seller and the Company furnished to either Buyer Party or its Representatives in connection with this Agreement and the transactions contemplated by this Agreement in the manner specified in the Confidentiality Agreement. Notwithstanding anything to the contrary in the Confidentiality Agreement, without the prior written consent of the other Parties, no Party shall issue any press release regarding or make any public announcement pertaining to this Agreement or the Acquisition and transactions contemplated by this Agreement or otherwise disclose the entering into existence of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior the Confidentiality Agreement to making any filings with any third party and/or any Governmental Entity Third Party. Notwithstanding the foregoing, disclosure may be made: (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (xa) as may be required by applicable Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by exchange; (b) in connection with the request procurement of any Governmental Entity if it is not possible necessary consents, approvals, payoff letters and similar documentation; (c) each Party may disclose the terms of this Agreement to consult their respective Affiliates, accountants, legal counsel and other Representatives as necessary in connection with the other party before making any public statement ordinary conduct of their respective businesses, or are otherwise subject to an obligations of confidentiality with respect to such information; and (d) Buyer may issue press releases, public announcements or other public disclosures announcing this Agreement and/or the transaction contemplated hereby. In the event of any press release, public announcement or any disclosure made pursuant to clause (d) of the transactions contemplated by this Agreementpreceding sentence, Buyer shall provide Seller with an advance copy of such press release, public announcement or disclosure. Buyer shall evaluate, in good faith, any reasonable suggestions to a press release received from Seller. To the extent applicable, Seller, its direct and indirect equityholders (y) that the parties may provide ordinary course communications regarding this Agreement including Carnelian and the transactions contemplated hereby to their respective employees (subject to Section 6.9OIE Funds), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties their and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. its respective Affiliates, and Buyer and its respective Affiliates, may also disclose to their current or prospective financing sources, including such Party’s Affiliates’ investors and limited partners, and to prospective investors, purchasers or other Persons as part of fundraising or marketing activities undertaken by Seller’s Affiliates, Carnelian or the Company shall use commercially reasonable efforts (a) OIE Funds and their respective Affiliates, or by ▇▇▇▇▇’s Affiliates, provided such disclosures are made to develop a joint communications plan and (b) Persons subject to ensure that all press releases and other public statements an obligation of confidentiality with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financinginformation.
Appears in 1 contract
Sources: Membership Interest Purchase Agreement (Callon Petroleum Co)
Publicity. The initial In furtherance of the confidentiality restrictions set forth in Section 4.2 and Section 9.1(d), prior to the Closing and after any termination of this Agreement, as applicable, Buyer shall hold, and shall cause its Affiliates and Representatives to hold, in confidence, all confidential documents and information concerning Seller and the Company furnished to Buyer or its Representatives in connection with this Agreement and the transactions contemplated by this Agreement in the manner specified in the Confidentiality Agreement. Notwithstanding anything to the contrary in the Confidentiality Agreement, without the prior written consent of the other Parties, no Party shall issue any press release regarding or make any public announcement pertaining to this Agreement or the Acquisition and transactions contemplated by this Agreement or otherwise disclose the entering into existence of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior the Confidentiality Agreement to making any filings with any third party and/or any Governmental Entity Third Party. Notwithstanding the foregoing, disclosure may be made: (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (xa) as may be required by applicable Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by exchange; (b) in connection with the request procurement of any Governmental Entity if it is not possible necessary consents, approvals, payoff letters and similar documentation; (c) each Party may disclose the terms of this Agreement to consult their respective Affiliates, accountants, legal counsel and other Representatives as necessary in connection with the other party before making any public statement ordinary conduct of their respective businesses, or are otherwise subject to an obligations of confidentiality with respect to such information; and (d) Seller may issue press releases, public announcements or other public disclosures announcing this Agreement and/or the transaction contemplated hereby. In the event of any press release, public announcement or any public disclosure made pursuant to clause (d) of the transactions contemplated by this Agreementpreceding sentence, Seller shall provide Buyer with an advance copy of such press release, public announcement or public disclosure. Seller shall evaluate, in good faith, any reasonable suggestions to a press release received from Buyer. To the extent applicable, Buyer, its direct and indirect equityholders (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9including Carnelian), and (z) for public announcements containing information consistent with any prior press releases their respective Affiliates may also disclose to their current or public statements prospective financing sources, including Buyer’s Affiliates’ investors and limited partners, and to prospective investors, purchasers or other Persons as part of fundraising or marketing activities undertaken by Buyer’s Affiliates or Carnelian and their respective Affiliates provided such disclosures are made by the parties and announcing the closing to Persons subject to an obligation of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements confidentiality with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financinginformation.
Appears in 1 contract
Sources: Membership Interest Purchase Agreement (Callon Petroleum Co)
Publicity. The initial press release regarding the Acquisition and the entering into of this Agreement Merger shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), thereafter the Company and Buyer Parent each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition Merger and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) except as may be required by Law applicable Laws or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is Entity; provided, that the Company shall be permitted (subject to consulting with, and obtaining the consent (not possible to be unreasonably withheld, conditioned or delayed) of, Parent) to make such statements and announcements to its employees as the Company shall deem to be reasonably necessary, proper or advisable. Notwithstanding the foregoing, (a) nothing in this Section 4.8 shall limit the Company’s or the Company Board’s rights under Section 4.2, (b) the Company will no longer be required to consult with the other party before making Parent in connection with any such press release or public statement with respect if the Company Board has effected a Change of Recommendation or shall have resolved to do so, and (c) the requirements of this Section 4.8 shall not apply to any disclosure by the Company or Parent of any information concerning this Agreement or the transactions contemplated hereby in connection with any of dispute between the parties regarding this Agreement, the Merger or the other transactions contemplated by this Agreement. Notwithstanding the foregoing, (y) that the parties may provide Parent and its Affiliates may, without consultation or consent, make ordinary course disclosures and communications regarding this Agreement to existing or prospective general and the transactions contemplated hereby to their respective employees (limited partners and investors of such Person or any of its Affiliates of such Person, in each case who are subject to Section 6.9)customary confidentiality restrictions; provided, that such ordinary course disclosures and (z) for communications do not include material non-public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingCompany.
Appears in 1 contract
Publicity. (a) All press releases or other public communications relating to the transactions contemplated hereby, and the method of the release for publication thereof, shall prior to the Closing be subject to the prior mutual approval of Acquiror and any Company Party, which approval shall not be unreasonably withheld by any party.
(b) The restriction in Section 11.12(a) shall not apply to the extent the public announcement is required by applicable securities Law, any Governmental Authority or stock exchange rule; provided, however, that in such an event, the party making the announcement shall use its commercially reasonable efforts to consult with the other party in advance as to its form, content and timing and will use commercially reasonable efforts to provide such announcement to the other party as soon as is reasonably practicable. Disclosures resulting from the parties’ efforts to obtain approval or early termination under the HSR Act and to make any relating filing shall be deemed not to violate this Section 11.12.
(c) The initial press release regarding (the Acquisition “Signing Press Release”) concerning this Agreement and the entering into of this Agreement transaction contemplated hereby shall be a joint press release in the form mutually agreed by Company Holdco and Acquiror prior to the execution of this Agreement, and such initial press release shall be released as promptly as practicable after the execution of this Agreement. Promptly after the execution of this Agreement, Acquiror shall file a current report on Form 8-K (the “Initial Public AnnouncementSigning Filing”) with the Signing Press Release and a description of this Agreement as required by, and in compliance with, the securities Laws, which the parties Company Holdco shall release no later than have the opportunity to review and comment upon prior to filing and Acquiror shall consider such comments in good faith. The Company, on the one hand, and Acquiror, on the other hand, shall mutually agree upon (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)such agreement not to be unreasonably withheld, conditioned or delayed by either the Company and Buyer each shall consult with each other prior to issuing any or Acquiror, as applicable) a press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and release announcing the closing consummation of the transactions contemplated by this Agreement which are otherwise consistent the (the “Closing Press Release”) prior to the Closing, and, on the Closing Date, the Parties shall cause the Closing Press Release to be released. Promptly after the Closing (but in any event within four (4) Business Days after the Closing), Acquiror shall file a current report on Form 8-K (the “Closing Filing”) with the foregoingClosing Press Release and a description of the Closing as required by securities Laws. Buyer In connection with the preparation of each of the Signing Press Release, the Signing Filing, the Closing Press Release and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisionsClosing Filing, the Company each Party shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor upon written request by any other provision of this Agreement shall Party, furnish such other Party with all information concerning itself, its directors, officers and equityholders, and such other matters as may be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts reasonably necessary for such press release or activities by Buyer and its Affiliates to obtain the Financingfiling.
Appears in 1 contract
Publicity. The Parent and the Company have agreed upon the initial joint press release regarding with respect to the Acquisition execution of this Agreement, and will issue such press release promptly following the entering into execution of this Agreement. From and after the date of this Agreement shall be a joint press release (until the “Initial Public Announcement”) which earlier of the parties shall release no later than one (1) business day following Effective Time or the date date, if any, on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred terminated pursuant to Section 8.1, so long as this Agreement is in accordance with Section 6.2)effect, neither the Company and Buyer each nor Parent, nor any of their respective affiliates, shall consult with each other prior to issuing issue or cause the publication of any press releases release or otherwise making any public announcements announcement with respect to the Acquisition and Transactions or this Agreement without the prior consent of the other transactions contemplated by this Agreement and prior to making any filings Party, unless such Party determines, after consultation with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect theretooutside counsel, except, in each case, (x) as may be that it is required by Law applicable Law, court process or by obligations pursuant to any listing agreement with or the listing rules of any a national securities exchange or interdealer quotation service trading market on which securities of such Party are listed, to issue or by cause the request publication of any Governmental Entity if it is not possible to consult with the other party before making press release or any public statement announcement with respect to the Transactions or this Agreement, in which event such Party shall endeavor, on a basis reasonable under the circumstances, to provide a meaningful opportunity to the other Party to review and comment upon such press release or public announcement in advance and shall give due consideration and consider in good faith all reasonable additions, deletions or changes suggested by the other Party. Notwithstanding the foregoing provisions of this Section 6.3, (i) Parent and the Company may make press releases and other public announcements concerning this Agreement or any the Transactions that consist solely of information previously disclosed in all material respects in previous press releases and other public announcements made by Parent and/or the transactions contemplated by Company in compliance with this AgreementSection 6.3, (yii) that the parties may provide ordinary course communications regarding this Agreement Parent and the transactions contemplated hereby Company may make public statements in response to their respective employees (subject to Section 6.9)specific questions by the press, and (z) for analysts, investors or those attending industry conferences or financial analyst conference calls, so long as any such statements consist solely of information previously disclosed in all material respects in previous press releases, public announcements containing information consistent with any prior press releases disclosures or public statements made by the parties Company or Parent in compliance with this Section 6.3 and announcing do not reveal material, non-public information regarding the closing of the transactions contemplated by other Parties, this Agreement which are otherwise consistent with or the foregoing. Buyer and Transactions, (iii) the Company shall use commercially reasonable efforts (a) not be required to develop a joint communications plan and (b) provide any review or comment to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisionsParent regarding any statement, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments release or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and the Company or its Affiliates Representatives that does not reveal material, non-public information regarding the Parties, this Agreement or the Transactions in response to the Financing Sources and rating agencies or in connection with efforts the receipt and existence of a Competing Proposal, the consideration of making a Company Change of Recommendation or activities any matters related thereto, and (iv) Parent shall not be required to provide any review or comment to the Company regarding any statement, release or disclosure made by Buyer the Parent or its Representatives that does not reveal material, non-public information regarding the Company or the Company Subsidiaries, this Agreement or the Transactions in response to or in connection with the Company’s receipt and its Affiliates to obtain the Financingexistence of, or disclosure in relation to, a Competing Proposal, or any matters related thereto.
Appears in 1 contract
Publicity. The initial press release regarding At or before 9:00 a.m., New York City time, on the Acquisition and Business Day immediately following the entering into of this Agreement date hereof, the Company shall be issue a joint press release (the “Initial Public AnnouncementPress Release”) which and shall file a Current Report on Form 8-K, in the parties shall release no later than one form required by the Exchange Act (1the “Form 8-K”) business day following announcing the entry into this Agreement, disclosing all material terms of the transactions contemplated hereby and any other MNPI that the Company may have provided the Investors at any time prior to the issuance of the Press Release and Form 8-K. Until the first anniversary of the date on which of this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)Agreement, the Company and Buyer each the Investors shall consult with each other prior to in issuing any other press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement hereby, and prior to making neither the Company nor any filings with Investor shall issue any third party and/or such press release nor otherwise make any Governmental Entity (including any national securities exchange or interdealer quotation service) such public statement with respect theretoto the transactions contemplated hereby, exceptwithout the prior consent of the Company, in each casewith respect to any press release or public statement of the Investors, or without the prior consent of the applicable Investor, with respect to any press release or public statement of the Company, which consent shall not unreasonably be withheld or delayed; provided, however, that the Company shall be entitled, without the prior approval of the applicable Investor, (xi) to make any press release or other public disclosure with respect to such transactions as may be is required by Law Law, Order, court process or by obligations pursuant to any listing agreement with or the rules and regulations of any national securities exchange or interdealer national securities quotation service system and (ii) to include in any report it files or by the request of any Governmental Entity if it is not possible to consult furnishes with the other party before making any public statement with respect SEC factual information relating to this Agreement the applicable Investor, or any of the transactions contemplated by this Agreementits Affiliates, (y) that the parties may provide ordinary course communications regarding relating to this Agreement and the transactions contemplated hereby that was previously included in the Press Release, the Form 8-K or a press release or other public statement or disclosure consented to their respective employees (subject to in accordance with this Section 6.9)5.3 without the requirement of obtaining any further consent from such Investor. Without the prior consent of any applicable Investor, and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and not publicly disclose the name of such Investor in any filing, announcement, release or otherwise, other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies than in connection with efforts any Registration Statement covering the Private Placement Shares or activities unless such disclosure is required by Buyer Law, Order, court process or the rules and its Affiliates to obtain the Financing.regulations of any national securities exchange or national securities quotation system.
Appears in 1 contract
Sources: Common Stock Purchase Agreement
Publicity. The initial press release regarding this Agreement, the Acquisition Arrangement, the Mergers and the entering into of transactions contemplated by this Agreement shall be a joint press release (to be reasonably agreed upon by Parent and the “Initial Public Announcement”) which Company. Thereafter, none of Parties shall, and none of the parties Parties shall permit any of their respective Affiliates to, issue or cause the publication of any press release no later than one (1) business day following the date on which or similar public announcement with respect to, or otherwise make any public statement concerning, this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)Agreement, the Company and Buyer each shall consult with each other prior to issuing any press releases Arrangement, the Mergers or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making without first consulting with Parent, in the case of a proposed announcement or statement by the Company or its Subsidiaries, or the Company, in the case of a proposed announcement or statement by a Parent Party or any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, exceptof their respective Affiliates and, in each case, (x) providing Parent or the Company, as may be required by Law or by obligations pursuant applicable, a reasonable opportunity to comment; provided, however, that the restrictions set forth in this Section 7.11 will not apply to any listing agreement with release or rules of any national securities exchange public statement (a) made or interdealer quotation service or proposed to be made by the request of Company in connection with an Adverse Recommendation Change or any Governmental Entity if it is not possible to consult action taken pursuant thereto, in each case in accordance with the other party before making terms of this Agreement, or (b) in connection with any public statement with respect to dispute between the Parties regarding this Agreement Agreement, the Arrangement, the Mergers, or any of the transactions contemplated by this Agreement; provided, (y) further, that the parties may provide ordinary course communications regarding this Agreement foregoing shall be subject to each Party’s overriding obligation to make disclosure in accordance with applicable Law, and if such disclosure is required and the transactions contemplated hereby to their respective employees (subject to Section 6.9)other Party has not reviewed or commented on such disclosure, and (z) for public announcements containing information consistent with any prior press releases the Party or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company such Affiliate making such disclosure shall use commercially reasonable best efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect give prior oral or written notice to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or releaseother Party. For the avoidance of doubt, neither the foregoing nor any shall not prevent either Party from making internal announcements to employees and having discussions with shareholders and financial analysts and other provision of this Agreement shall be deemed to limit any customary disclosure stakeholders so long as such statements and announcements are consistent with the most recent press releases, public disclosures or public statements made by Buyer and the Parties in accordance with the terms hereof, or prevent Parent or its Affiliates from making disclosure to the Financing Sources its direct or indirect, existing or potential, equity holders, lenders and rating agencies other financing sources, in connection with efforts each case who have an obligation of confidentiality to Parent or activities by Buyer and its Affiliates to obtain the FinancingAffiliates.
Appears in 1 contract
Sources: Arrangement Agreement and Plan of Merger (Primo Water Corp /CN/)
Publicity. The initial press release regarding the Acquisition and the entering into of relating to this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), issued by the Company and Buyer each Parent, and thereafter the Company and Parent shall consult with each other prior to before issuing any press releases release or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement statements with respect to this Agreement or any of the transactions contemplated by this Agreementthe Transaction Documents and shall not issue any such press release or make any such public statement without the prior consent of the other parties hereto, which consent shall not be unreasonably withheld or delayed; provided that (i) a party hereto may, without the prior consent of the other parties hereto, issue such press release or make such public statement as may be required by Law or Order or the applicable rules of NASDAQ if it has used its commercially reasonable efforts to consult with the other parties hereto and to obtain such party’s consent but has been unable to do so prior to the time such press release or public statement is so required to be issued or made, (yii) the Company will not be obligated to engage in such consultation with respect to communication that are (1) principally directed to employees, customers, partners or vendors so long as such communications are consistent with previous releases, public disclosures or public statements made jointly by the parties may provide ordinary course communications regarding (or individually, if approved the other party), or (2) relating to an Acquisition Proposal, Superior Proposal, Change in Recommendation or “stop-look-and-listen” communication or similar communication of the type contemplated by Rule 14d-9(f) under the Exchange Act. As promptly as practicable following the date of this Agreement and in compliance with applicable Laws, Parent and the Company shall develop a joint plan for communication to the Company’s employees, Workers, customers, suppliers and other strategic Persons about this Agreement and the transactions contemplated hereby by this Agreement and upon development of such plan, Parent and the Company shall comply with such plan. Prior to their respective making any written communications to the employees (subject or Workers of the Company or any of its Subsidiaries pertaining to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases compensation or public statements made benefit matters that are affected by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent Agreement, the Company shall provide Parent with a copy of the foregoing. Buyer intended communication, Parent shall have a reasonable period of time to review and comment on the communication, the Company shall give reasonable and good faith consideration to any comment made by Parent on such communication, and Parent and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with cooperate in providing any such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingmutually agreeable communication.
Appears in 1 contract
Publicity. The initial press release regarding the Acquisition announcing this Agreement, any ancillary agreements and the entering into of Transactions shall be in substantially the form mutually agreed upon by Parent and the Company. No other press release, public announcement or public filing related to this Agreement or the transactions contemplated herein, or prior to the Closing any other announcement or communication to the employees, customers or suppliers of the Company or its Subsidiaries, shall be a issued or made by any party hereto without the joint press release approval of Parent and the Company (the “Initial Public Announcement”) which the parties approval shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2not be unreasonably withheld, conditioned or delayed), unless required by Law or stock exchange rules; provided that (x) no party hereto shall be required to obtain approval or provide materials for review in respect of information that has previously been made public without breach of the obligations under this Section 5.15 and contained in the applicable press release, announcement, public filing or communication, (y) the Company and Buyer each shall consult with each other prior not be required to issuing any press releases obtain approval or otherwise making public announcements provide materials for review with respect to any matters referred to in, and made in compliance with, Section 5.3 and (z) Parent and its affiliates shall be permitted to make communications to, and provide ordinary course information to the Acquisition Debt Financing Sources, and the other transactions contemplated by this Agreement any equityholders, existing or prospective partners, members, managers and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange investors of Parent or interdealer quotation service) with respect thereto, exceptits affiliates, in each case, (x) as may be who are subject to customary confidentiality restrictions. In the event that any such additional press release, public announcement or public filing is required by or advisable under applicable Law or by obligations pursuant stock exchange rules, the party obligated to any listing agreement with make such press release, public announcement or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible public filing shall use its reasonable best efforts to consult with provide the other party before making with reasonable advance notice of such requirement and the content of the proposed press release, announcement or filing and a reasonable opportunity to review and comment on such release, announcement or filing and consider in good faith any public statement comments with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingthereto.
Appears in 1 contract
Sources: Merger Agreement (Tenneco Inc)
Publicity. The initial Except as may be required by applicable Law, the press release regarding announcing the Acquisition and the entering into execution of this Agreement shall be a joint press release (issued only in such form as shall be mutually agreed upon by the “Initial Public Announcement”) which Company and Parent. Thereafter, at any time prior to the parties shall release no later than one (1) business day following earlier of the date on which Effective Time and the valid termination of this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)pursuant to Article VIII, the Company and Buyer each Parent shall consult with each other (i) prior to issuing issuing, and provide each other a reasonable opportunity review and comment on (and reasonably consider such proposed comments), any press releases or otherwise making any public announcements with respect to this Agreement or the Acquisition and transactions (including the other transactions Merger) contemplated by this Agreement and (ii) prior to making any filings with any third party and/or or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, except for (xA) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is Entity, in each case, as determined in the good faith judgment of the Party proposing to make such release (in which case, such Party shall not possible issue or cause the publication of such press release or other public announcement without, to consult the extent practicable, prior review by and consultation with the other party before making Party), and (B) any public statement action pursuant to and in compliance with respect to this Agreement or any of Section 6.3. Notwithstanding the transactions contemplated by this Agreementforegoing, (y) that the parties Parent, Merger Sub and their respective Affiliates may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to existing or prospective general and limited partners, equity holders, members, managers, investors of any Affiliates of such Person, any debt financing sources or any of their respective employees (Affiliates or professional advisers, in each case, who are subject to Section 6.9)customary confidentiality restrictions. Notwithstanding the foregoing, and (z) for public announcements containing information consistent with the restrictions set forth in this Section 6.8 shall not apply to any prior press releases release or public statements made announcement by the parties Company or its Affiliates made or proposed to be made in connection with and announcing the closing related to a Change of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts Recommendation (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice such Change of Recommendation is in compliance with the terms and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision conditions of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingAgreement).
Appears in 1 contract
Publicity. The initial press release regarding the Acquisition and the entering into of relating to this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), issued by the Company and Buyer each Parent, and thereafter the Company and Parent shall consult with each other prior to before issuing any press releases release or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement statements with respect to this Agreement or any of the transactions contemplated by this Agreementthe Transaction Documents and shall not issue any such press release or make any such public statement without the prior written consent of the other party; provided that (i) a party hereto may, without the prior consent of the other party, issue such press release or make such public statement as may be required by Law or Order or the applicable rules or requirements of NYSE if it has used its commercially reasonable efforts to consult with the other party and to obtain such party’s consent, in each case, prior to such issuance but has been unable to do so prior to the time such press release or public statement is so required to be issued or made, (yii) the Company shall not be obligated to engage in such consultation with respect to communications that the parties may provide ordinary course are (A) principally directed to employees, customers, Channel Partners, technology or other partners or vendors so long as such communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information are consistent with any prior press releases previous releases, public disclosures or public statements made jointly by the parties (or individually, if approved by the other party) not in violation of this Section 5.9 or (B) related to an Acquisition Proposal, Superior Proposal, Change in Recommendation or “stop-look-and-listen” communication or similar communication of the type contemplated by Rule 14d-9(f) under the Exchange Act, in each, only to the extent the Company has complied with Section 5.2 and announcing Section 5.3, and (iii) Parent, Merger Sub and their Affiliates shall not be required to consult with the closing of Company before making any statements or disclosures with respect to this Agreement or the transactions contemplated by this Agreement (which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisionsdoes not include, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For for the avoidance of doubt, neither Evaluation Material as defined in the foregoing nor Confidentiality Agreement) of the Acquired Companies) (A) to existing or prospective general or limited partners, equity holders, members, managers and investors of such Person or any other provision Affiliates of this Agreement shall be deemed such Person, in each case who are subject to limit any customary disclosure made by Buyer and its Affiliates confidentiality restrictions or (B) on such Person’s website or social media channels in the ordinary course of business (but with respect to such statements, only to the Financing Sources extent that such statements are consistent with the previous press releases, public disclosures or public statements made jointly by the Company and rating agencies in connection with efforts Parent (or activities individually if approved by Buyer and its Affiliates to obtain the Financingother party)).
Appears in 1 contract
Publicity. The initial press Parties agree to make a joint public release regarding of the Acquisition and having entered into this Agreement upon the entering into successful completion of Phase I as described in Exhibit F. The public release must however not contain any Confidential Information of any kind such as scientific, commercial or financial which both Parties have not agreed to include in writing. No public announcement concerning the existence, terms or subject matter of this Agreement shall be a joint press release made, either directly or indirectly, by any Party, without first obtaining the prior written approval of the other Party and agreement upon the nature and text of such public announcement which such agreement and approval shall not be unreasonably withheld. Notwithstanding the foregoing, if, in the opinion of legal counsel for the Party desiring to make such public announcement, such disclosure is required under Applicable Law, subject to Section 12.2 (Permitted Disclosure) above, the “Initial Public Announcement”) Party required to make such public announcement shall inform the other Parties of the proposed announcement or disclosure in reasonably sufficient time prior to public release, which the parties shall release no later be not less than one [***] (1[***]) business day following the date on which this Agreement is signed. Thereafter days (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) such shorter period as may be required by Law or by obligations pursuant under Applicable Law) prior to any listing agreement release of such proposed public announcement, and shall provide the other Parties with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible a written copy thereof in order to consult allow such other Parties to comment upon such public announcement. The Receiving Party shall reasonably cooperate with the other party before making any public statement Disclosing Party (at the Disclosing Party’s expense) with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications all disclosures regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9)required under Applicable Law, and (z) including requests for public announcements containing confidential treatment of proprietary information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with Disclosing Party included in any such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingdisclosure.
Appears in 1 contract
Sources: Collaborative Development and Commercialization Agreement (Achaogen Inc)
Publicity. The initial press release regarding the Acquisition and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each Each Party shall consult with each other prior before issuing, and give each other the opportunity to issuing review and comment upon, any press releases release or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby by this Agreement, and shall not issue any such press release or make any such public statement prior to such consultation, except as may be consistent required by applicable law, court process or the rules and regulations of the U.S. Securities and Exchange Commission (the “Commission”) or any national securities exchange or national securities quotation system. Each Party agrees that the initial press release to be issued with such joint communications plan. Without limiting the foregoing provisions, the Company shall, respect to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving transactions contemplated by this Agreement following the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision execution of this Agreement shall be deemed in the form agreed to limit by the parties hereto (the “Announcement”), which Announcement will be included in the Current Report on Form 8-K filed by Rigetti Computing, Inc. with respect to the entry into this Agreement, including disclosure of the terms of this Agreement and filing of this Agreement as an exhibit (with applicable redactions as permitted by applicable law and rules and regulations of the Commission). Notwithstanding the foregoing, this Section 7.4 shall not apply to (a) any customary disclosure disclosures with respect to the matters related to or contemplated by this Agreement to the extent required by applicable law and/or the rules and regulations of the Commission or Nasdaq, including disclosures included in a submission or filing by Rigetti Computing, Inc. with the Commission and (b) any press release or other public statement made by Buyer Rigetti or Quanta (i) which is consistent with the Announcement or any disclosures made pursuant to clause “(a)” of this sentence and its Affiliates does not contain any information relating to the Financing Sources transactions contemplated by this Agreement that has not been previously announced or made public in accordance with the terms of this Agreement, (ii) is made in the ordinary course of business and rating agencies does not relate specifically to the transactions contemplated by this Agreement, or (iii) is consistent with the terms and conditions of this Agreement that are publicly disclosed by either Party (without any violation of this Agreement). Notwithstanding the foregoing, this Section 7.4 shall not prohibit the disclosure of information concerning this Agreement in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingan arbitration conducted under Section 11.4.
Appears in 1 contract
Publicity. The initial Parties may jointly agree to make a press release regarding within three (3) months following the Acquisition and the entering into execution of this Agreement Agreement. Thereafter, Threshold shall be a joint press release free, in its sole discretion, and have the exclusive right to originate any publicity, news release, or public announcement concerning Licensed Products, provided Threshold (i) provides B▇▇▇▇▇ ONCOLOGY two (2) days’ advance written notice of the “Initial Public Announcement”) which the parties shall release no later than publicity, news release, or public announcement together with its content and gives due consideration to any comments provided by B▇▇▇▇▇ ONCOLOGY within one (1) business day following thereof; and (ii) does not use the date on name of BAXTER or B▇▇▇▇▇ ONCOLOGY without the express, advance written consent of BAXTER or BAXTER ONCOLOGY, respectively, other than to state that the Licensed Product is “licensed to Threshold Pharmaceuticals, Inc., by B▇▇▇▇▇ Oncology.” Otherwise, in the absence of specific agreement between the Parties, which agreement shall not be unreasonably withheld or delayed: (i) neither Party shall originate any publicity, news release or public announcement, written or oral, whether to the public or press, relating to financial provisions of this Agreement or to any amendment thereof save only such announcement as in the opinion of counsel for the Party making such announcement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law law, regulation, or by obligations pursuant to any listing agreement with or the rules of any national securities stock exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreementbe made, (yii) that the parties may provide ordinary course communications regarding this Agreement any such announcements shall be factual and the transactions contemplated hereby to their respective employees (subject to Section 6.9)as brief as possible, and (ziii) for if a Party decides to make such announcement, it will give the other Party two (2) days advance written notice of the text of the announcement so that the other Party will have an opportunity to comment upon the announcement. In addition, THRESHOLD may provide information concerning financial provisions to stockholders, executive management, and prospective sublicensees and investors. THRESHOLD may also originate, in its discretion, publicity, news releases, or public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and concerning Licensed Product other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisionsthan, the Company shallexcept as set forth above, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financinginformation.
Appears in 1 contract
Sources: Licensing Agreement (Threshold Pharmaceuticals Inc)
Publicity. The initial press Except as set forth below, no public release regarding or announcement concerning the Acquisition and the entering into of this Agreement transactions contemplated hereby shall be issued by the Company or the Investors without the prior written consent of the Company (in the case of a joint press release or announcement by the Investors) or the Investors (in the “Initial Public Announcement”case of a release or announcement by the Company) (which consents shall not be unreasonably withheld), except as such release or announcement may be required by law or the parties applicable rules or regulations of any securities exchange or securities market, in which case the Company or the Investors, as the case may be, shall allow the Investors or the Company, as applicable, to the extent reasonably practicable in the circumstances, reasonable time to comment on such release no later than one or announcement in advance of such issuance. By 8:30 a.m. (1New York City time) business day on the Trading Day immediately following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)executed, the Company and Buyer each shall consult with each other prior to issuing any issue a press releases or otherwise making public announcements with respect release, reasonably acceptable to the Acquisition and the other Investors, disclosing all material terms of transactions contemplated by this Agreement (the “Press Release”). No later than 5:30 p.m. (New York City time) on the first Trading Day following the date this Agreement is executed, the Company will file a Current Report on Form 8-K (“8-K Filing”) attaching the press release described in the foregoing sentence. In addition, the Company will make such other filings and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, notices in each case, (x) as may be the manner and time required by Law the SEC or by obligations pursuant to any listing agreement with or rules Nasdaq. The parties acknowledge that from and after the issuance of the Press Release, no Investor shall be in possession of any national securities exchange material, nonpublic information received from the Company or interdealer quotation service any of its respective officers, directors, employees or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement agents, with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to that is not disclosed in the Press Release. The Company shall not, and shall cause each of its officers, directors, employees and agents, not to, provide any Investor with any such material, nonpublic information regarding the Company or its subsidiaries from and after the filing of the Press Release without the express prior written consent of such Investor. If an Investor has, or believes it has, received any such material, nonpublic information regarding the Company or any of its subsidiaries from the Company, any of its subsidiaries or any of their respective employees (officers, directors, affiliates or agents, it may provide the Company with written notice thereof. The Company shall, subject to the Company’s reasonable concurrence that the information is material, nonpublic information, within four Trading Days of receipt of such notice, make public disclosure of such material, nonpublic information. Except as contemplated by this Section 6.9)9.7 and the issuance of a press release and the filing of a Current Report on Form 8-K related to the Closing, and (z) for public announcements containing information consistent with neither the Company, its subsidiaries nor any prior Investor shall issue any press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and any other public statements with respect to the transactions contemplated hereby hereby; provided, however, that the Company shall be consistent with such joint communications plan. Without limiting entitled, without the foregoing provisions, the Company shallprior approval of any Investor, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of make any press release or other public disclosure of any material developments or matters involving with respect to such transactions (i) in substantial conformity with the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financing.8-K Filing and
Appears in 1 contract
Sources: Securities Purchase Agreement (Aclaris Therapeutics, Inc.)
Publicity. The initial Nothing contained herein shall be deemed to waive, amend or modify the terms of any Confidentiality Agreement. Prior to and after the Agreement Effective Date, none of the Parties, or any Affiliate thereof shall, directly or indirectly, issue any press release regarding or public announcement or disclosure of any kind concerning the Acquisition Transactions, without the prior written consent of the other Parties (which consent shall not be required to the extent such press release or public announcement is consistent in all material respects with information disclosed in previous press releases or public announcements or disclosures made by the Parties or any of their Affiliates in compliance with this Section 15.21); provided, that disclosure by the Company in any filings by the Company with the Securities and Exchange Commission, or as otherwise required by applicable law or regulation, or the entering into rules of any applicable stock exchange or regulatory body shall be permitted; provided further, that, the signature pages to this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other redacted prior to issuing any press releases such publication or otherwise making public announcements with respect to disclosure. This Section 15.21 shall not restrict or prevent the Acquisition Parties and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course their Affiliates from communications regarding the Transactions in connection with obtaining any regulatory consents or other approvals as contemplated under this Agreement and the transactions contemplated hereby Definitive Documents. Notwithstanding anything herein to their respective employees (subject to Section 6.9)the contrary, the Company may issue press releases and (z) for make public announcements containing information that are consistent in all respects with any prior previous press releases or public statements made announcements, the Company’s previous SEC filings or, in consultation with the Parties hereto, SEC filings filed by the parties and announcing Company on the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and same day as such press release; provided, that the Company shall use commercially reasonable efforts (a) to develop may not name a joint communications plan and (b) to ensure that all Party in such press releases and other release or public statements with announcement without such Party’s prior approval unless such Party was named in such respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any in a previous press release or public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingannouncement.
Appears in 1 contract
Publicity. The initial press Neither party shall originate any news release regarding or other public announcement relating to the Acquisition and the entering into contents of this Agreement without the prior written approval of the other party, which approval shall not be a joint press release (unreasonably withheld, or delayed for longer than [ * ] business days. Notwithstanding the “Initial Public Announcement”) which foregoing, either party may disclose the parties shall release no later than one (1) business day following existence and/or the date on which provisions of this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) under standard obligations of confidentiality and non-use on a need-to-know basis, to develop investors and their representatives in a joint communications plan private or public financing transaction, or to potential acquirers or targets and (b) to ensure their representatives in a corporate change of control transaction; provided, however, that all press releases and other public statements with respect to the transactions contemplated hereby no such disclosure shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations permitted to the extent it materially deviates from previous projectionswould constitute a violation of Section 6.1, or (b) as required by law (including but not limited to the filing of this Agreement as an exhibit to a document filed with the Securities and Exchange Commission), including earnings releasesorder or regulation of a governmental agency. The disclosing party shall provide written notice to the other party of any such disclosure required by law, order or regulation of a governmental agency, reasonably in advance of publication or releasesuch disclosure if practical. For the avoidance of doubtIf either party [ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, neither the foregoing nor any other provision of MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. intends to file this Agreement with the Securities and Exchange Commission, it shall be deemed provide the other party with the opportunity to limit any customary disclosure made by Buyer review and its Affiliates comment on the proposed filing, and the filing party will incorporate the comments of the other party subject only to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingsecurities law requirements.
Appears in 1 contract
Sources: Technology Access and Applications Development Agreement (Caliper Technologies Corp)
Publicity. The initial press release regarding the Acquisition Lender (and the entering into of this Agreement shall be a joint press release Lender's Affiliates) may and Borrower does hereby authorize Lender (the “Initial Public Announcement”and its Affiliates) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred to, refer, in accordance with Section 6.2)its sole discretion, the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior Loan from time to making any filings time, in connection with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules proposed transfer of any national securities exchange or interdealer quotation service or by interest in the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this AgreementLoan, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect releases of information to members of the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting public, reports to investors and in other media, a description of the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company Loan (including the financial condition stated principal amount), use of Borrower's name and the logo of Borrower and/or its Affiliates and which references may be reproduced and distributed, electronically or results otherwise, from time to time. Borrower shall cause the owner of operations such "logo" rights to consent to such use upon request from Lender. Lender hereby agrees that, without the prior consent of Borrower, any written information relating to Borrower which is provided to Lender in connection with the making of the Loan which is either confidential, proprietary, or otherwise not generally available to the extent it materially deviates public (but excluding information Lender has obtained independently from previous projectionsthird-party sources without Lender's knowledge that the source has violated any fiduciary or other duty not to disclose such information) (the "CONFIDENTIAL INFORMATION"), including earnings releaseswill be kept confidential by Lender, reasonably using the same standard of care in advance safeguarding the Confidential Information as Lender employs in protecting its own proprietary information which Lender desires not to disseminate or publish. Notwithstanding the foregoing, Confidential Information may be disseminated (a) pursuant to the requirements of publication applicable law or releasestock exchanges, (b) pursuant to judicial process, administrative agency process or order of Governmental Authority, (c) in connection with litigation, arbitration proceedings or administrative proceedings before or by any Governmental Authority, (d) to Lender's attorneys, accountants, advisors and actual or prospective financing sources who will be instructed to comply with this Section 9.12, (e) upon prior written notice to Borrower, to actual or prospective assignees, pledgees, participants or agents, (f) pursuant to the requirements or rules of a stock exchange or stock trading system on which the securities of Lender or its Affiliates may be listed or traded and (g) to any rating agency in connection with the rating of Lender. For the avoidance of doubt, neither the foregoing nor any other provision purposes of this Agreement shall Section 9.12, Confidential Information will not be deemed to limit any customary disclosure made by Buyer include the amount of the Loan and the other terms, conditions and provisions of the Loan Documents, the name of Borrower and the logo of Borrower and Lender or its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingAffiliates.
Appears in 1 contract
Publicity. The initial Except as may be required by applicable Law, the press release regarding announcing the Acquisition and the entering into execution of this Agreement shall be a joint press release (issued only in such form as shall be mutually agreed upon by the “Initial Public Announcement”) which Company and Parent. Thereafter, at any time prior to the parties shall release no later than one (1) business day following earlier of the date on which Effective Time and the valid termination of this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)pursuant to Article VIII, the Company and Buyer each Parent shall consult with each other prior to issuing issuing, and provide each other a reasonable opportunity to review and comment on (and consider such proposed comments in good faith), any press releases or otherwise making any public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or the Transactions (including the Merger) by the Company or Parent; provided that (A) any such press release or public announcement as may be required by applicable Laws or by any listing agreement with or rule of a national securities exchange may be issued prior to such consultation if the transactions contemplated by this AgreementParty proposing to issue such press release or make such public announcement has used its reasonable best efforts to consult in good faith with the other Parties on a timely basis before making any such public announcements, (yB) that each Party may, without such consultation or consent, make any public statement in response to questions from the parties press, analysts, investors or those attending industry conferences and each Party may provide ordinary course communications regarding this Agreement and make disclosures in documents filed or furnished with the transactions contemplated hereby SEC or otherwise required to their respective employees (subject be disclosed pursuant to Section 6.9)applicable Law, and (z) for public announcements containing information in each case so long as such statements are consistent with any prior previous press releases releases, public disclosures or public statements made jointly by the parties Parties (or individually, if approved by the other Parties) and announcing (C) the closing foregoing shall not apply to any internal announcements by the Company to its employees which are not made public. Notwithstanding the foregoing, the restrictions set forth in this Section 6.8 shall not apply to any release or announcement made or proposed to be made by (x) the Company, Parent or Merger Sub in connection with a Change of the transactions contemplated by Recommendation made in compliance with this Agreement which are otherwise consistent with the foregoing. Buyer and or (y) by the Company shall use commercially reasonable efforts (a) pursuant to develop a joint communications plan and (b) to ensure that all press releases and other public statements Section 6.3(f), or with respect to the transactions contemplated hereby shall be consistent an Acquisition Proposal made in compliance with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingAgreement.
Appears in 1 contract
Publicity. The initial press release regarding At or before 9:00 a.m., New York City time, on the Acquisition and Business Day immediately following the entering into of this Agreement date hereof, the Company shall be issue a joint press release (the “Initial Public AnnouncementPress Release”) which and shall file a Current Report on Form 8-K, in the parties shall release no later than one form required by the Exchange Act (1the “Form 8-K”) business day following announcing the entry into this Agreement, disclosing all material terms of the transactions contemplated hereby and any other MNPI that the Company may have provided the Investors at any time prior to the issuance of the Press Release and Form 8-K. Until the first anniversary of the date on which of this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)Agreement, the Company and Buyer each the Investors shall consult with each other prior to in issuing any other press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement hereby, and prior to making neither the Company nor any filings with Investor shall issue any third party and/or such press release nor otherwise make any Governmental Entity (including any national securities exchange or interdealer quotation service) such public statement with respect theretoto the transactions contemplated hereby, exceptwithout the prior consent of the Company, in each casewith respect to any press release or public statement of the Investors, or without the prior consent of the applicable Investor, with respect to any press release or public statement of the Company, which consent shall not unreasonably be withheld or delayed; provided, however, that the Company shall be entitled, without the prior approval of the applicable Investor,
(xi) to make any press release or other public disclosure with respect to such transactions as may be is required by Law Law, Order, court process or by obligations pursuant to any listing agreement with or the rules and regulations of any national securities exchange or interdealer national securities quotation service system and (ii) to include in any report it files or by the request of any Governmental Entity if it is not possible to consult furnishes with the other party before making any public statement with respect SEC factual information relating to this Agreement the applicable Investor, or any of the transactions contemplated by this Agreementits Affiliates, (y) that the parties may provide ordinary course communications regarding relating to this Agreement and the transactions contemplated hereby that was previously included in the Press Release, the Form 8-K or a press release or other public statement or disclosure consented to their respective employees (subject to in accordance with this Section 6.9)5.3 without the requirement of obtaining any further consent from such Investor. Without the prior consent of any applicable Investor, and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and not publicly disclose the name of such Investor in any filing, announcement, release or otherwise, other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies than in connection with efforts any Registration Statement covering the Private Placement Shares or activities unless such disclosure is required by Buyer Law, Order, court process or the rules and its Affiliates to obtain the Financingregulations of any national securities exchange or national securities quotation system.
Appears in 1 contract
Sources: Common Stock Purchase Agreement
Publicity. The initial (a) Except as set forth in Section 9.1(c) or 9.2, or this Section 9.3, (A) neither Party may make any public statement (written or oral), including in analyst meetings, concerning the terms of this Agreement, (B) Lpath may not make any public statement (written or oral), including in analyst meetings, concerning any Licensed Product in the Field, and (C) Pfizer may not make any public statement (written or oral), including in analyst meetings, concerning any Licensed Product outside the Field, except in each case where such statement: (i) is required by Law or legal proceedings, or applicable rule of a public stock exchange, (ii) is required to be contained in such Party’s financial statements prepared in accordance with generally acceptable accounting principles in the United States, (iii) has been announced previously in accordance with this Section 9.3, or (iv) has been announced previously by the other Party, so long as, in the case of (iii) or (iv) such public statement is consistent with such previously announced statement. In the case of any public statement (written or oral) that is required by Law or legal proceedings, or applicable rule of a public stock exchange, Lpath shall (x) use Commercially Reasonable Efforts to obtain confidential treatment of financial and trade secret information, and (y) if reasonably practicable under the circumstances, give Pfizer sufficient advance notice of the text so that Pfizer will have the opportunity to comment upon the statement, and give due consideration to any such comments in the final statement.
(b) Notwithstanding the foregoing, Lpath will issue a press release regarding to announce the Acquisition and the entering into execution of this Agreement shall be in the form attached hereto as Exhibit 9.3(b); thereafter, Lpath and Pfizer may each disclose to Third Parties the information contained in such press release without the need for further approval by the other. In addition, the Parties agree that each Party may individually, or in a joint press release (if both Parties agree, make press releases announcing Pfizer’s exercise of its Option, the “Initial Public Announcement”) which occurrence of the parties shall release no later than one (1) business day following License Effective Date, the date on which this Agreement initiation of any clinical trial for a Licensed Product in the Field, Regulatory Approval of Licensed Products in the Field, the Launch of Licensed Products in the Field, any other event or matter that such Party is signed. Thereafter (unless required to disclose by Law or legal proceedings or applicable rule of a public stock exchange, and until a Change such other matters as the other Party may approve, in each case after providing reasonable opportunity for review and approval of Recommendation has occurred such press releases by the other Party in accordance with Section 6.29.3(b), below. When a Party (the Company “Requesting Party”) wishes to issue a press release regarding a matter described in the preceding sentence, or requests the other Party’s approval to make a press release regarding other matters, it will give the other Party (the “Cooperating Party”) through its JDC representatives (or such other representatives as the Cooperating Party may designate), a draft version of such press release for review and Buyer each shall consult with each other comment by the Cooperating Party at least *** Business Days prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect theretodisclosure thereof, except, in each case, (x) as may be unless earlier disclosure is required by Law or by obligations pursuant to any listing agreement with or the applicable rules of any national securities exchange or interdealer quotation service or by a public stock exchange, in which event the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior draft press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby release shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably provided for review as much in advance of publication or releasedisclosure as reasonably practicable under the circumstances. For If Lpath is the avoidance of doubtRequesting Party, neither Lpath agrees to incorporate all changes timely requested by Pfizer; provided, however, that the foregoing nor any other provision shall not be construed to require Lpath to incorporate changes that Lpath reasonably believes would make the disclosure false or misleading or omit a material disclosure that Lpath is required to make under Law or applicable rules of this Agreement shall be deemed a public stock exchanger. If Pfizer is the Requesting Party, Pfizer agrees to limit any customary disclosure made consider all reasonable changes requested by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingLpath.
Appears in 1 contract
Sources: Option, License and Development Agreement (Lpath, Inc)
Publicity. The initial Except for a single press release regarding approved by the Acquisition and parties at the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)at, the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to after the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange Closing, or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to Governmental Bodies (including disclosures advisable or required under the securities Laws or any listing agreement with covering publicly traded securities), none of the Company, the Buyer or rules any of their respective Affiliates shall release, generate or permit any national securities exchange publicity concerning this Agreement or interdealer quotation service the Contemplated Transactions or by the request of otherwise announce or disclose to a third party any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect matter relating to this Agreement or any the Contemplated Transactions (except in connection with obtaining requisite consents) without the prior express written consent of the transactions contemplated other party hereto, which consent shall not be unreasonably withheld, delayed or conditioned. If disclosure is required by this Agreement, applicable Law (y) that including disclosures advisable or required under the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9securities Laws or any listing agreement covering publicly traded securities), and (z) for public announcements containing information consistent with any prior press releases the party making the release or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company announcement shall, to the extent reasonably practicablepermitted by applicable Law, before making such release or announcement, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving a copy thereof to the Company (including the financial condition or results of operations other party prior to such issuance and, to the extent it materially deviates from previous projections)practicable, including earnings releases, reasonably allow the other party reasonable time to comment on such release or announcement in advance of publication such issuance. No party shall be required to provide notice to the other or releaseotherwise comply with this Section 10.1 to the extent any proposed release or announcement is consistent with information that has previously been made public without breach of the obligations under this Section 10.1. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by parties hereto acknowledge and agree that following the Closing, the Buyer and its Affiliates to that are private equity funds may provide information about the Financing Sources subject matter of this Agreement and rating agencies the Contemplated Transactions in connection with efforts ordinary course communications with the partners (including limited partners) of such Affiliated private equity funds and in connection with non-public fundraising, marketing, informational or reporting activities by Buyer of such Affiliated private equity funds, in each case, to the extent such information is customarily provided to current, former or prospective investors, equity holders or limited partners in private equity funds and its Affiliates provided the recipients of such information are subject to obtain a non-disclosure agreement or similar contractual or other obligation to maintain the Financingconfidentiality of such information.
Appears in 1 contract
Publicity. The initial press release regarding the Acquisition and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”a) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any All press releases or otherwise making other public announcements with respect communications relating to the Acquisition transactions contemplated hereby, and the other transactions contemplated by this Agreement and method of the release for publication thereof, shall prior to making the Closing be subject to the prior mutual written consent of Acquiror and the Company, which approval shall not be unreasonably withheld by any filings with party; provided, that no party shall be required to obtain consent pursuant to this Section 11.12(a) to the extent any third party and/or proposed release or statement is substantially equivalent to the information that has previously been made public without breach of the obligation under this Section 11.12(a).
(b) The restriction in Section 11.12(a) shall not apply to the extent the public announcement is required by applicable securities Law, any Governmental Entity (including any national securities Authority or stock exchange or interdealer quotation service) with respect theretorule; provided, excepthowever, that in each casesuch an event, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible party making the announcement shall use its reasonable best efforts to consult with the other party before making in advance to review its form, content and timing and to consider such comments in good faith. Disclosures resulting from the parties’ efforts to obtain approval or early termination under the HSR Act and to make any public statement with respect relating filing shall be deemed not to violate this Agreement or any of the transactions contemplated by this Agreement, Section 11.12.
(yc) that the parties may provide ordinary course communications regarding The initial press release concerning this Agreement and the transactions contemplated hereby shall be a joint press release in the form agreed by the Company and Acquiror prior to their respective employees the execution of this Agreement and such initial press release (subject to Section 6.9the “Signing Press Release”) shall be released as promptly as reasonably practicable after the execution of this Agreement on the day thereof (or the immediately following day). Promptly after the execution of this Agreement, Acquiror shall file a current report on Form 8-K (the “Signing Filing”) with the Signing Press Release and a description of this Agreement as required by, and (z) for public announcements containing information consistent with any prior press releases or public statements made by in compliance with, the parties and announcing the closing of the transactions contemplated by this Agreement securities Laws, which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) have the opportunity to develop a joint communications plan review and (b) comment upon prior to ensure that all press releases filing and other public statements with respect to the transactions contemplated hereby Acquiror shall be consistent with consider such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably comments in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financinggood faith.
Appears in 1 contract
Sources: Merger Agreement (One)
Publicity. The initial press release regarding the Acquisition and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) Except as may be required by Law or by obligations a court of competent jurisdiction, pursuant to any listing agreement with NASDAQ or rules of any other national securities exchange or interdealer quotation service by applicable Legal Requirements, including applicable securities laws and regulations, and except for disclosures required to be made in the financial statements of Buyer or by any of its Affiliates or in publicly filed documents necessary to effect the request of any Governmental Entity if it is not possible to consult with Transactions and the other party before making Transaction Documents, none of the Parties nor any of their Affiliates will, without the prior consent of the other Party (which will not be unreasonably withheld, conditioned or delayed), make any statement or any public statement announcement or press release with respect to this Agreement or any of the transactions contemplated by this AgreementTransactions, (y) provided that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) Buyer shall provide Seller with a reasonable period to develop a joint communications plan review and comment on any public filings or press release related to the Transactions or the Transaction Documents prior to Buyer making such filing or press release and (b) to ensure that all press releases and other public statements with respect Buyer shall not include any reference to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisionsSeller Sponsor Persons or any of their respective Affiliates in any public filing, the Company shall, press release or other disclosure related to the extent reasonably practicableTransaction or the Transaction Documents without Seller’s prior written consent; provided, provide however, that Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit have complied with the requirements in the foregoing clauses (a) and (b) for any customary disclosure public filing, press release or other reference to the Seller Sponsor Persons or their respective Affiliates where ▇▇▇▇▇▇ has previously consented in writing under this Section 7.7 to substantially similar disclosure; provided further that the Parties shall mutually agree to any press release to be made by Buyer and to announce the Transactions. The obligations of the Parties under this Section 7.7 shall not preclude a Party or its Affiliates from disclosing information to the Financing Sources and rating agencies their respective investors, beneficial owners or representatives or as such Party or its Affiliates reasonably deem to be appropriate in connection with efforts fund raising, financing and marketing activities undertaken by such Party or activities by Buyer and its Affiliates (provided that the receiving parties are advised of the confidential nature thereof and agree to obtain hold such information confidential in accordance with the Financingforegoing).
Appears in 1 contract
Sources: Purchase and Sale Agreement (KLX Energy Services Holdings, Inc.)
Publicity. The initial press release regarding From and after the Acquisition Effective Date and until the earlier to occur of the Closing and the entering into termination of this Agreement pursuant to Article VIII, neither Seller nor Purchaser will, or will permit any of their Affiliates to, make or issue any public release or announcement concerning this Agreement, the other Transaction Documents or the transactions contemplated thereby without the prior written consent of the other Party (which consent shall not be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2unreasonably withheld, conditioned or delayed), the Company and Buyer each shall consult with each other prior to issuing any press releases except as such release or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as announcement may be required by applicable Law or by obligations pursuant to any listing agreement with the rules or rules regulations of any national U.S. or non-U.S. securities exchange or interdealer quotation service listing authority, in which case the Party required to make the release or announcement (or whose Affiliate is required to make such release or announcement) shall, to the extent practicable and permitted by the request of any Governmental Entity if it is not possible to consult with applicable Law, allow the other party before making Party a reasonable opportunity to comment on such release or announcement in advance of such issuance and the Party issuing such release or announcement shall consider any public statement with respect to this Agreement or any reasonable comments of the transactions contemplated by this Agreementother Party in good faith; provided, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan each of Seller, Purchaser and their respective Affiliates may make public announcements or press releases that are consistent with such Person’s prior public disclosures regarding the Transactions and that otherwise have been made in accordance with this Section 6.11 and (b) Purchaser may make disclosures to ensure any Person that all are customary in connection with the Debt Financing, including in offering or private placement memoranda, rating agency presentations, lender presentations, road show presentations, prospectuses or other disclosure documents related to the Debt Financing. Seller and ▇▇▇▇▇▇▇▇▇ agree that the initial press releases and other public statements release to be issued with respect to the transactions contemplated hereby by the Transaction Documents following the Effective Date and following the Closing, respectively, shall be consistent with such joint communications plan. Without limiting in the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice form mutually agreed upon by Seller and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingPurchaser.
Appears in 1 contract
Publicity. The initial press release regarding Except for such disclosure (with advanced prior written notice to the Acquisition and other parties) as is deemed necessary in the entering into reasonable judgment of a party to comply with applicable laws, no public announcement, news release, statement, publication, or presentation relating to the existence of this Agreement Agreement, the subject matter hereof, or a party’s performance hereunder will be made by any party without the prior written approval of all other parties, which approval shall not be unreasonably withheld or delayed. Notwithstanding the foregoing, (i) the parties agree to each issue press releases promptly after the Closing, the form and content of such releases shall be agreed in writing in advance by all parties, (ii) any party may publish and republish, in whole or in part, any publicity release and/or make any statement to communication media, financial analysts or others that is the same or substantially similar to a joint press publicity release (the “Initial Public Announcement”) which the or statement that has been previously approved by all parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)the terms hereof, without obtaining the prior approval of the other parties, and (iii) any party may upon notice to the other parties make any disclosure in filings with regulatory agencies or exchanges or as required by law or applicable court order; provided that the other parties shall have the opportunity to consult on such disclosures and filings. Notwithstanding the foregoing, the Company parties hereto acknowledge and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) agree that the parties Institutional Sellers may provide ordinary course communications regarding general information about the subject matter of this Agreement and the transactions contemplated hereby to Company (including its and their respective employees (subject to Section 6.9), performance and (zimprovements) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent in connection with the foregoingInstitutional Sellers’ fund raising, marketing, informational or reporting activities. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect Notwithstanding anything contained herein to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting contrary, in no event will Buyer or, after the foregoing provisionsClosing, the Company shallhave any right to use any of the Institutional Sellers’ names or marks, to or any abbreviation, variation or derivative thereof, in any press release, public announcement or other public document or communication without the extent reasonably practicable, provide Buyer reasonable notice and drafts express written consent of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingInstitutional Sellers.
Appears in 1 contract
Sources: Membership Interests Purchase Agreement (Cipher Pharmaceuticals Inc)
Publicity. The Each of Seller and Purchaser shall be permitted to issue an initial press release regarding the Acquisition and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any press releases or otherwise making public announcements with respect to the Acquisition and Transaction that has been approved in writing by the other party hereto, such approval not to be unreasonably withheld, conditioned or delayed. No party to this Agreement nor any Affiliate or Representative of such party shall issue or cause the publication of any press release or public announcement in respect of this Agreement, the Transaction or the other transactions contemplated by this Agreement and prior to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, exceptAgreement, in each case, that is inconsistent with the initial press release, without the prior written consent of the other party hereto (x) which consent shall not be unreasonably withheld, conditioned or delayed), except as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities stock exchange or interdealer quotation service or by the request of any Governmental Entity if it is not possible to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreementrules; provided, that (ya) that the parties a Party may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing disclose such information consistent with any prior press releases or public statements made by the parties and announcing the closing of concerning the transactions contemplated by this Agreement that it reasonably believes in good faith and based on reasonable advice of counsel is required by applicable Law or by applicable rules of any stock exchange or quotation system on which are otherwise consistent with such Party or its Affiliates lists or trades securities, in which case the foregoing. Buyer and the Company shall disclosing Party will use its commercially reasonable efforts to (ai) advise the other Party before making such disclosure and (ii) provide such other Party a reasonable opportunity to develop a joint communications plan review and comment on such release or announcement (which comments the disclosing Party shall consider in good faith); and (b) to ensure that all press releases Seller and other public statements with respect to its Affiliates and Representatives may disclose such information concerning the transactions contemplated hereby by this Agreement (including providing updates as to the status thereof) that it deems appropriate in its reasonable judgment, in light of Seller’s status as publicly owned company, including to securities analysts and institutional investors and in press interviews; provided, in the case of this clause (b), that no such disclosure shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of inconsistent in any material developments respect with any press release or matters involving the Company (including the financial condition public statement previously issued or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies either Party in connection accordance with efforts or activities by Buyer and its Affiliates to obtain the Financingthis Section 5.5.
Appears in 1 contract
Publicity. The initial press release regarding the Acquisition Parent and the entering into of this Agreement shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing issuing, and shall give each other a reasonable opportunity to review and comment upon, any press releases release or otherwise making other public announcements announcement with respect to the Acquisition and the other transactions contemplated by this Agreement and the Transactions and shall not issue any such press release or make any such public announcement without the prior to making any filings with any third party and/or any Governmental Entity consent of the other (including any national securities exchange which consent shall not be unreasonably withheld, conditioned or interdealer quotation service) with respect theretodelayed), except, in each case, except (xa) as may be required by applicable Law or by obligations pursuant to any listing agreement with or rules of any applicable national securities exchange or interdealer quotation service (in which case the party required to make the release or by announcement shall use reasonable best efforts to allow the request other reasonable time to comment on such release or announcement in advance of such issuance, it being understood that the final form and content of any Governmental Entity if it is not possible such release or announcement, to consult with the other party before making any public statement extent so required, shall be at the final discretion of the disclosing party); (b) with respect to this Agreement any press release or other public statement by the Company expressly permitted by Section 6.2; or (c) with respect to any press releases or other public statements by Parent in response to any public announcement permitted by clause (b) hereof. Promptly following execution of the transactions contemplated by this Agreement, (yi) that the parties may provide ordinary course communications regarding Company and Parent shall issue a joint press release in a form mutually agreed to by the Company and Parent announcing the execution of this Agreement and the transactions contemplated hereby to their respective employees hereby; (subject to Section 6.9), and (zii) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (aA) to develop file a joint communications plan current report on Form 8-K with the SEC attaching such press release and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision copy of this Agreement shall be deemed as exhibits; and (B) file such press release and a copy of this Agreement with the FCA identifying, in accordance with the Listing Rules of the FCA, the intentions expressed in the press release to limit have the listing of the Shares cancelled by the FCA as promptly as practicable after the Effective Time, in both cases, after considering any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies comments from Parent in connection with efforts or activities by Buyer and its Affiliates to obtain the Financinggood faith.
Appears in 1 contract
Sources: Merger Agreement (Molex Inc)
Publicity. The initial press release regarding Parties may only disclose the Acquisition and the entering into of this Agreement shall be a joint press release statements set forth in Annex 13 as attached hereto (the “Initial Public Announcement”in that form or in substantially similar form) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2), the Company and Buyer each shall consult with each other prior to issuing any for their press releases or otherwise making other public announcements with respect communications relating to the Acquisition and the other transactions contemplated by this Agreement and prior Agreement. Should a Party wish to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant refer to any listing agreement with or rules content beyond the scope of Annex 13 the Parties will agree upon such content of any national securities exchange press release or interdealer quotation service or by the request of any Governmental Entity if it is not possible other public communications relating to consult with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior herein. The timing of the first press releases release or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby communication shall be consistent with such joint communications plan. Without limiting mutually agreed between the foregoing provisions, the Company shall, Parties.
10.3.1 Except to the extent reasonably practicabledefined in Annex 13, provide Buyer reasonable notice and drafts of any or already disclosed in a press release or other public disclosure of any material developments or matters involving communication approved by the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubtother Party, neither Party shall make a public announcement concerning the foregoing nor any other provision existence or the terms of this Agreement shall be deemed to limit made, either directly or indirectly, by Myriad or Lundbeck, except as may be legally required by Applicable Laws, regulations, or judicial order including the disclosure requirements of any customary disclosure made stock exchange on which securities issued by Buyer and its Affiliates such Party are traded (provided that, to the Financing Sources extent practicable under the circumstances, such Party shall provide the other Party with a copy of the proposed text of such statements sufficiently in advance of the scheduled release thereof to afford such other Party a reasonable opportunity to review and rating agencies comment upon the proposed text), without first obtaining the approval of the other Party and agreement upon the nature, text, and timing of such announcement, which approval and agreement shall not be unreasonably withheld. For avoidance of doubt, the foregoing shall not limit either Party’s right or ability to disclose any financial results, including earnings (or losses), incurred in connection with efforts or the activities by Buyer and its Affiliates described herein.
10.3.2 The Party desiring to obtain make any such public announcement shall provide the Financingother Party with a written copy of the proposed announcement in sufficient time prior to public release to allow such other Party to comment upon such announcement, prior to public release.
Appears in 1 contract
Sources: License and Collaboration Agreement (Myriad Genetics Inc)
Publicity. The initial press release regarding with respect to the Acquisition and the entering into of this Agreement Transactions shall be a joint press release (and thereafter no press or other public announcement, or public statement or comment in response to any inquiry relating to the “Initial Public Announcement”) which Transactions shall be issued or made by the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)Company, the Company and Buyer each Securityholders or the Stockholder Representative without the prior consent of the other Parties (other than the Stockholder Representative) (which consent shall not be unreasonably withheld, conditioned or delayed), except as may be required by applicable Law; provided that, notwithstanding the foregoing, following Closing, the Stockholder Representative shall be permitted to announce that it has been engaged to serve as the Stockholder Representative in connection herewith as long as such announcement does not disclose any of the other terms hereof. Following the initial press release, Parent shall reasonably consult with each other the Company, and give due consideration to reasonable comments by the Company, prior to (x) issuing any press releases or otherwise making planned public announcements statements with respect to the Acquisition Transactions and the other transactions contemplated by this Agreement and prior to (y) except as otherwise provided in Section 5.3, making any filings with any third party and/or or any Governmental Entity (including any national securities exchange or interdealer quotation serviceexchange) with respect thereto, except, in each case, except (xi) as may be required by applicable Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange exchange, including NASDAQ or interdealer quotation service or (ii) any consultation that would not be reasonably practicable as a result of requirements of applicable Law. Parent may make any public statements in response to questions by the request of any Governmental Entity if it is press, analysts, investors or those attending industry conferences or analyst or investor conference calls, so long as such statements are not possible to consult inconsistent in tone or substance with the other party before making any public statement with respect to this Agreement or any of the transactions contemplated by this Agreement, (y) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9), and (z) for public announcements containing information consistent with any prior press releases or public previous statements made jointly by the parties Company and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts (a) to develop a joint communications plan and (b) to ensure that all press releases and other public statements with respect to the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts of any public disclosure of any material developments or matters involving the Company (including the financial condition or results of operations to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the FinancingParent.
Appears in 1 contract
Sources: Merger Agreement (DraftKings Inc.)
Publicity. The initial press release regarding (a) In the Acquisition and absence of prior written approval of the entering into of this Agreement other Parties, no Party shall be a joint press release (the “Initial Public Announcement”) which the parties shall release no later than one (1) business day following the date on which this Agreement is signed. Thereafter (unless and until a Change of Recommendation has occurred in accordance with Section 6.2)originate any publicity, the Company and Buyer each shall consult with each news release, or other prior to issuing any press releases public announcement, written or otherwise making public announcements with respect oral, whether to the Acquisition and public press, to stockholders or otherwise, relating to this Agreement, to any amendment or activities hereunder, unless such announcement is required by law to be made, in which case the provisions of Section 14.9(b) shall apply. The Party making any such announcement shall give the other transactions contemplated by this Agreement and prior Parties an opportunity to making any filings with any third party and/or any Governmental Entity (including any national securities exchange or interdealer quotation service) with respect thereto, except, in each case, (x) as may be required by Law or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service or by review the request of any Governmental Entity if announcement before it is not possible to consult with made.
(b) A Party may only disclose the other party before making any public statement with respect to terms of this Agreement or any further amendments to the Agreement if such Party reasonably determines, based on advice from its counsel, that it is required to make such disclosure by applicable law, regulation or legal process, including without limitation by the rules or regulations of the transactions contemplated U.S. Securities and Exchange Commission (“SEC”) or similar regulatory agency in a country other than the U.S. or of any stock exchange or NASDAQ, in which event such Party shall provide prior notice of such intended disclosure to the other Parties sufficiently in advance to enable the other Parties to seek confidential treatment or other protection for such information unless the disclosing Party is prevented by law or regulation from providing such advance notice and shall disclose only such terms of this AgreementAgreement or such further amendment(s) as such disclosing Party reasonably determines, based on advice from its counsel, are required by applicable law, regulation or legal process to be disclosed. In the event that either Party determines that it must publicly file this Agreement or such further amendment(s) with the SEC, such Party shall (i) initially file a redacted copy of this Agreement or such further amendment(s) in a form mutually agreeable to the Parties, (yii) that the parties may provide ordinary course communications regarding this Agreement and the transactions contemplated hereby to their respective employees (subject to Section 6.9)request, and (z) for public announcements containing information consistent with any prior press releases or public statements made by the parties and announcing the closing of the transactions contemplated by this Agreement which are otherwise consistent with the foregoing. Buyer and the Company shall use commercially reasonable efforts to obtain, confidential treatment of all terms redacted from such Agreement or such further amendment(s), (aiii) permit the other Party to develop a joint communications plan review and approve such initial request for confidential treatment and any subsequent correspondence with respect thereto at least two (2) business days prior to its submission to the SEC, and (biv) promptly deliver to ensure that all press releases and the other public statements Party any written correspondence received by it or its representatives from the SEC with respect to such confidential treatment request and promptly advise the transactions contemplated hereby shall be consistent with such joint communications plan. Without limiting the foregoing provisions, the Company shall, to the extent reasonably practicable, provide Buyer reasonable notice and drafts other Party of any public disclosure of any other material developments communications between it or matters involving its representatives with the Company (including the financial condition or results of operations SEC with respect to the extent it materially deviates from previous projections), including earnings releases, reasonably in advance of publication or release. For the avoidance of doubt, neither the foregoing nor any other provision of this Agreement shall be deemed to limit any customary disclosure made by Buyer and its Affiliates to the Financing Sources and rating agencies in connection with efforts or activities by Buyer and its Affiliates to obtain the Financingsuch confidential treatment request.
Appears in 1 contract
Sources: Psma/PSMP License Agreement (Progenics Pharmaceuticals Inc)