Common use of Right to Market Clause in Contracts

Right to Market. Purchaser acknowledges that, between the date hereof and the end of the Inspection Period (as hereinafter defined), ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, Inc. ("Seller's Agent") will continue for Seller's benefit to market the Business and the Purchased Assets for sale to third parties. Unless Purchaser elects to terminate this Agreement during the Inspection Period (as hereinafter defined) as provided in Section 5.5 hereof, such right to market the Business and/or any of the Purchased Assets shall automatically terminate upon the expiration of the Inspection Period and be of no force or effect. Purchaser may, as a result of such marketing efforts, receive offers to purchase the Purchased Assets. However, notwithstanding the marketing right described in this Section 1.5, Seller shall have no right whatsoever, whether directly or through its agents or Affiliates (as herein defined), to negotiate such offers, or to enter into any agreement, contract, letter of intent or other arrangement for the sale of Seller's Business and/or any of the Purchased Assets, unless and until Purchaser terminates this Agreement or this Agreement is terminated as a result of Purchaser's default hereunder.