Common use of Confidentiality; Press Releases Clause in Contracts

Confidentiality; Press Releases. Each party hereto agrees that this Agreement, the provisions of this Agreement, all understandings, agreements and other arrangements between and among the parties, and all other non-public information received from or otherwise relating to, the Property (or any portion thereof), Purchaser, Seller and/or and Existing Operator or their respective Affiliates shall be, and be kept, confidential, and shall not be disclosed or otherwise released to any other Person (other than by any party to such party’s Affiliates, provided that such party shall be responsible and liable to the other party for any breach of this Section 12.13 by its Affiliates), without the written consent of Purchaser, Seller and Existing Operator, as applicable. Any non-public information obtained by Purchaser in the course of its inspection of the Property, and any Seller’s Deliveries or Third Party Reports, in each case that is proprietary to and maintained as confidential by Seller (including, without limitation, Licensing Surveys and any information regarding Seller’s operating results from the Property) shall be confidential and Purchaser shall be prohibited from making public or disclosing such information to any other Person, without Seller’s prior written authorization, which may be granted or denied in Seller’s sole discretion. Notwithstanding the foregoing, the obligations of the parties hereunder shall not apply in the following instances:

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Griffin-American Healthcare REIT IV, Inc.), Purchase and Sale Agreement (Griffin-American Healthcare REIT IV, Inc.)

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Confidentiality; Press Releases. Each (a) Subject to the further provisions of this Section 14.13, each party hereto agrees that this Agreement, (i) the provisions of this Agreement, and (ii) prior to Closing, (A) all other understandings, agreements and other arrangements between and among the parties, and (B) all other non-public information received from from, or otherwise relating to, the Property (or any portion thereof), Purchaser, Purchaser and/or Seller and/or and Existing Operator or their respective Affiliates shall be, and be kept, confidential, and shall not be disclosed or otherwise released to any other Person (other than by any party to such party’s Affiliates, provided that such party shall be responsible and liable to the other party for any breach of this Section 12.13 14.13 by its Affiliates), without the written consent of Purchaser, Seller and Existing OperatorPurchaser or Seller, as applicable. Any non-public information obtained by Purchaser in the course of its inspection of the Property, and any Seller’s Deliveries or Third Party ReportsMaterials provided to Purchaser hereunder, in each case that is proprietary to and maintained as confidential by Seller (including, without limitation, Licensing Surveys and any information regarding Seller’s operating results from the Property) shall be confidential and Purchaser shall be prohibited from making public or disclosing such information to any other Person, without Seller’s prior written authorization, which may be granted or denied in Seller’s sole discretion. Notwithstanding the foregoingforegoing or anything to the contrary contained in this Agreement, the obligations of the parties hereunder under the preceding two (2) sentences shall not apply in the following instances:

Appears in 1 contract

Samples: Purchase and Sale Agreement (NorthStar Healthcare Income, Inc.)

Confidentiality; Press Releases. (a) Each party hereto agrees that this Agreement, the provisions of this Agreement, all understandings, agreements and other arrangements between and among the parties, and all other non-public information received from or otherwise relating to, the Property (or any portion thereof), Purchaser, Purchaser and/or Seller and/or and Existing Operator or their respective Affiliates shall be, and be kept, confidential, and shall not be disclosed or otherwise released to any other Person (other than by any party to such party’s Affiliates, provided that such party shall be responsible and liable to the other party for any breach of this Section 12.13 by its Affiliates), without the written consent of Purchaser, Seller and Existing OperatorPurchaser or Seller, as applicable. Any non-public information obtained by Purchaser in the course of its inspection of the Property, and any Seller’s Deliveries or Third Party ReportsMaterials provided by Seller to Purchaser hereunder, in each case that is proprietary to and maintained as confidential by Seller (including, without limitation, Licensing Surveys and any information regarding Seller’s operating results from the Property) shall be confidential and Purchaser shall be prohibited from making public or disclosing such information public to any other Person, without Seller’s prior written authorization, which may be granted or denied in Seller’s sole discretion. Notwithstanding the foregoing, the The obligations of the parties hereunder shall not apply in the following instances:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sabra Health Care REIT, Inc.)

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Confidentiality; Press Releases. Each party hereto agrees that this Agreement, the provisions of this Agreement, all understandings, agreements and other arrangements between and among the parties, and all other non-public information received from or otherwise relating to, the Property Properties (or any portion thereof), Purchaser, Purchaser and/or Seller and/or and Existing Operator or their respective Affiliates (or direct or indirect owners, partners, members, officers and/or employees) shall be, and be kept, confidential, and shall not be disclosed or otherwise released to any other Person (other than by any party to such party’s Affiliates, provided that such party shall be responsible and liable to the other party for any breach of this Section 12.13 13.14 by its Affiliates), without the written consent of Purchaser, Seller and Existing OperatorPurchaser or Seller, as applicable. Any non-public information obtained by Purchaser in the course of its inspection of the PropertyProperties, and any Seller’s Deliveries or Third Third-Party Reports, in each case that is proprietary to and maintained as confidential by Seller (including, without limitation, Licensing Surveys and any information regarding Seller’s operating results from the PropertyProperties) shall be confidential and Purchaser shall be prohibited from making public or disclosing such information to any other Person, without Seller’s prior written authorization, which may be granted or denied in Seller’s sole discretion. Notwithstanding the foregoing, the The obligations of the parties hereunder shall not apply in the following instances:

Appears in 1 contract

Samples: Purchase and Sale Agreement (New Senior Investment Group Inc.)

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