Common use of Rights and Obligations Upon Termination Clause in Contracts

Rights and Obligations Upon Termination. If this Agreement is not consummated for any reason, each Party will redeliver all documents, work papers, and other materials of any Party relating to the transactions contemplated hereby, whether obtained before or after the execution hereof, to the Party furnishing the same, except to the extent previously delivered to third parties in connection with the transactions contemplated hereby, and all information received by any Party hereto with respect to the business of any other Party shall not at any time be used for the advantage of, or disclosed to third parties by, such Party to the detriment of the Party furnishing such information; provided, however, that this Section 8.3 shall not apply to any documents, work papers, material or information which is a matter of public knowledge or which heretofore has been or hereafter is published in any publication for public distribution or filed as public information with any Governmental Entity.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (United Industries Corp), Agreement and Plan of Merger (Rayovac Corp)

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Rights and Obligations Upon Termination. If this Agreement is not consummated for any reason, each Party party will redeliver all documents, work papers, and other materials of any Party party relating to the transactions contemplated hereby, whether obtained before or after the execution hereof, to the Party party furnishing the same, except to the extent previously properly delivered to third parties in connection with the transactions contemplated hereby, and all information received by any Party party hereto with respect to the business of any other Party party shall not at any time be used for the advantage of, or disclosed to third parties by, such Party party to the detriment of the Party party furnishing such information; provided, however, that this Section 8.3 10.3 shall not apply to any documents, work papers, material material, or information which is a matter of public knowledge or which heretofore has been or hereafter is published in any publication for public distribution or filed as public information with any Governmental Entitygovernmental agency.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Preferred Networks Inc), Agreement and Plan of Merger (Lifestream Technologies Inc)

Rights and Obligations Upon Termination. If this Agreement is not consummated for any reason, each Party will redeliver all documents, work papers, and other materials of any other Party relating to the transactions contemplated hereby, whether obtained before or after the execution hereof, to the Party furnishing the same, except to the extent previously delivered to third parties in connection with the transactions contemplated hereby, and all information received by any Party hereto with respect to the business of any other Party shall not at any time be used for the advantage of, or disclosed to third parties by, such Party to the detriment of the Party furnishing such information; provided, however, that this Section 8.3 10.3 shall not apply to any documents, work papers, material or information which is a matter of public knowledge or which heretofore has been or hereafter is published in any publication for public distribution or filed as public information with any Governmental EntityAuthority (other than in violation of any confidentiality restrictions imposed on the Parties or their Affiliates).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Spectrum Brands, Inc.)

Rights and Obligations Upon Termination. If this Agreement is not consummated for any reason, each Party party will redeliver all documents, work papers, and other materials of any Party party relating to the transactions contemplated hereby, whether obtained before or after the execution hereof, to the Party party furnishing the same, except to the extent previously delivered to third parties in connection with the transactions contemplated hereby, and all information received by any Party party hereto with respect to the business of any other Party party shall not at any time be used for the advantage of, or disclosed to third parties by, such Party party to the detriment of the Party party furnishing such information; providedPROVIDED, howeverHOWEVER, that this Section 8.3 9.3 shall not apply to any documents, work papers, material or information which is a matter of public knowledge or which heretofore has been or hereafter is published in any publication for public distribution or filed as public information with any Governmental Entity.

Appears in 1 contract

Samples: Share Purchase Agreement (Rayovac Corp)

Rights and Obligations Upon Termination. If this Agreement is not consummated for any reason, each Party party will redeliver all documents, work papers, and other materials of any Party party relating to the transactions contemplated hereby, whether obtained before or after the execution hereof, to the Party party furnishing the same, except to the extent previously delivered to third parties in connection with the transactions contemplated hereby, and all information received by any Party party hereto with respect to the business of any other Party party shall not at any time be used for the advantage of, or disclosed to third parties by, such Party party to the detriment of the Party party furnishing such information; provided, however, that this Section 8.3 10.3 shall not apply to any documents, work papers, material material, or information which is a matter of public knowledge or which heretofore has been or hereafter is published in any publication for public distribution or filed as public information with any Governmental Entitygovernmental agency.

Appears in 1 contract

Samples: Stock Purchase Agreement (Preferred Networks Inc)

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Rights and Obligations Upon Termination. If this Agreement is not consummated for any reason, each Party will redeliver all documents, work papers, and other materials of any Party relating to the transactions contemplated hereby, whether obtained before or after the execution hereof, to the Party furnishing the same, except to the extent previously delivered to third parties in connection with the transactions contemplated hereby, and all information received by any Party hereto with respect to the business of any other Party shall not at any time be used for the advantage of, or disclosed to third parties by, such Party to the detriment of the Party furnishing such information; provided, however, that this Section 8.3 10.3 shall not apply to any documents, work papers, material or information which is a matter of public knowledge or which heretofore has been or hereafter is published in any publication for public distribution or filed as public information with any Governmental Entity.

Appears in 1 contract

Samples: Share Purchase Agreement (Rayovac Corp)

Rights and Obligations Upon Termination. If this Agreement is not consummated for any reason, each Party will destroy or redeliver all documents, work papers, and other materials of any Party relating to the transactions contemplated hereby, whether obtained before or after the execution hereof, to the Party furnishing the same, except to the extent previously delivered to third parties in connection with the transactions contemplated hereby, and all information received by any Party hereto with respect to the business of any other Party shall not at any time be used for the advantage of, or disclosed to third parties by, such Party to the detriment of the Party furnishing such information; provided, however, that this Section 8.3 shall not apply to any documents, work papers, material or information which is a matter of public knowledge or which heretofore has been or hereafter is published in any publication for public distribution or filed as public information with any Governmental Entity.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Immucor Inc)

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