Common use of Prior to the Closing Clause in Contracts

Prior to the Closing. Purchaser shall, and shall cause its Affiliates and its and their employees, agents, accountants, legal counsel and other representatives and advisers to, hold in strict confidence all, and not divulge or disclose any information of any kind concerning the Company and its business; provided, however, that the foregoing obligation of confidence shall not apply to (i) information that is or becomes generally available to the public other than as a result of a disclosure by Purchaser, any of its Affiliates or any of their respective employees, agents, accountants, legal counsel or other representatives or advisers, (ii) information that is or becomes available to Purchaser, any of its Affiliates or any of their respective employees, agents, accountants, legal counsel or other representatives or advisers on a nonconfidential basis, and (iii) information that is required to be disclosed by Purchaser, any of its Affiliates or any of their respective employees, agents, accountants, legal counsel or other representatives or advisers as a result of any applicable law, rule or regulation of any Governmental Authority; and provided further that Purchaser promptly shall notify the Company of any disclosure pursuant to clause (iii) of this Section 6.05. Promptly after any termination of this Agreement, Purchaser and its representatives shall return to the Company or destroy all copies of documentation with respect to the Company that were supplied by or on behalf of the Company pursuant to this Agreement, without retaining any copy thereof, and destroy any notes or analyses Purchaser and/or its representatives may have prepared containing information derived from such materials.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Winsloew Furniture Inc), Agreement and Plan of Merger (Winsloew Furniture Inc)

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Prior to the Closing. Purchaser Buyer shall, and shall cause its Affiliates and its and their employees, agents, accountants, legal counsel and other representatives and advisers to, hold in strict confidence all, and not divulge or disclose any any, information of any kind concerning the Company and its business; provided, however, that the foregoing obligation of confidence shall not apply to (i) information that is or becomes generally available to the public other than as a result of a disclosure by Purchaser, any of Buyer or its Affiliates or any of its or their respective employees, agents, accountants, legal counsel or other representatives or advisers, (ii) information that is or becomes available to Purchaser, any of Buyer or its Affiliates or any of its or their respective employees, agents, accountants, legal counsel or other representatives or advisers on a nonconfidential basisbasis prior to its disclosure by Buyer or its Affiliates or any of its or their employees, agents, accountants, legal counsel or other representatives or advisers and (iii) information that is required to be disclosed by Purchaser, any of Buyer or its Affiliates or any of its or their respective employees, agents, accountants, legal counsel or other representatives or advisers as a result of any applicable law, rule or regulation of any Governmental Authority; and provided further that Purchaser Buyer promptly shall notify the Company of any disclosure pursuant to clause (iii) of this Section 6.05. Promptly after any termination 9.2(a); and, provided, further, that the foregoing obligation of this Agreement, Purchaser and its representatives confidence shall return not apply to the Company furnishing of information by Buyer in bona fide discussions or destroy all copies of documentation negotiations with respect to the Company that were supplied by or on behalf of the Company pursuant to this Agreement, without retaining any copy thereof, and destroy any notes or analyses Purchaser and/or its representatives may have prepared containing information derived from such materialsprospective lenders.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Sunglass Hut International Inc), Asset Purchase Agreement (Atlantis Plastics Inc)

Prior to the Closing. Purchaser Buyer shall, and shall cause its Affiliates and its and their respective employees, agents, accountants, legal counsel and other representatives and advisers to, hold in strict confidence all, and not divulge or disclose any any, information of any kind concerning the Company and its business; provided, however, that the foregoing obligation of confidence shall not apply to (i) information that is or becomes generally available to the public other than as a result of a disclosure by Purchaser, any of Buyer or its Affiliates or any of their respective employees, agents, accountants, legal counsel or other representatives or advisers, (ii) information that is or becomes available to Purchaser, any of Buyer or its Affiliates or any of their respective employees, agents, accountants, legal counsel or other representatives or advisers on a nonconfidential basisbasis prior to its disclosure by Buyer or its Affiliates or any of their respective employees, agents, accountants, legal counsel or other representatives or advisers and (iii) information that is required to be disclosed by Purchaser, any of Buyer or its Affiliates or any of their respective employees, agents, accountants, legal counsel or other representatives or advisers as a result of any applicable law, rule or regulation of any Governmental Authority; and provided further that Purchaser Buyer promptly shall notify the Company of any disclosure pursuant to clause (iii) of this Section 6.05. Promptly after any termination 8.2(a); and, provided, further, that the foregoing obligation of this Agreement, Purchaser and its representatives confidence shall return not apply to the Company furnishing of information by Buyer in bona fide discussions or destroy all copies of documentation negotiations with respect to the Company that were supplied by or on behalf of the Company pursuant to this Agreement, without retaining any copy thereof, and destroy any notes or analyses Purchaser and/or its representatives may have prepared containing information derived from such materialsprospective lenders.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ebiz Enterprises Inc)

Prior to the Closing. Purchaser Buyer shall, and shall cause its Affiliates and its and their employees, agents, accountants, legal counsel and other representatives and advisers to, hold in strict confidence all, and not divulge or disclose any any, information of any kind concerning the Company and its business; provided, however, that the foregoing obligation of confidence shall not apply to (i) information that is or becomes generally available to the public other than as a result of a disclosure by Purchaser, any of Buyer or its Affiliates or any of its or their respective employees, agents, accountants, legal counsel or other representatives or advisers, (ii) information that is or becomes available to Purchaser, any of Buyer or its Affiliates or any of its or their respective employees, agents, accountants, legal counsel or other representatives or advisers on a nonconfidential basisbasis prior to its disclosure by Buyer or its Affiliates or any of its or their employees, agents, accountants, legal counsel or other representatives or advisers and (iii) information that is required to be disclosed by Purchaser, any of Buyer or its Affiliates or any of its or their respective employees, agents, accountants, legal counsel or other representatives or advisers as a result of any applicable law, rule or regulation of any Governmental Authority; and provided further that Purchaser Buyer promptly shall notify the Company of any disclosure pursuant to clause (iii) of this Section 6.05. Promptly after any termination 9.5(a); and, provided, further, that the foregoing obligation of this Agreement, Purchaser and its representatives confidence shall return not apply to the Company furnishing of information by Buyer in bona fide discussions or destroy all copies of documentation negotiations with respect to the Company that were supplied by or on behalf of the Company pursuant to this Agreement, without retaining any copy thereof, and destroy any notes or analyses Purchaser and/or its representatives may have prepared containing information derived from such materialsprospective lenders.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Spectrum Sciences & Software Holdings Corp)

Prior to the Closing. Purchaser each Buyer shall, and shall cause its Affiliates and its and their employees, agents, accountants, legal counsel and other representatives and advisers to, hold in strict confidence all, and not divulge or disclose any any, information of any kind concerning the Company and its business; provided, however, that the foregoing obligation of confidence shall not apply to (i) information that is or becomes generally available to the public other than as a result of a disclosure by Purchaser, any of Buyer or its Affiliates or any of its or their respective employees, agents, accountants, legal counsel or other representatives or advisers, (ii) information that is or becomes available to Purchaser, any of a Buyer or its Affiliates or any of its or their respective employees, agents, accountants, legal counsel or other representatives or advisers on a nonconfidential basisbasis prior to its disclosure by a Buyer or its Affiliates or any of its or their employees, agents, accountants, legal counsel or other representatives or advisers and (iii) information that is required to be disclosed by Purchaser, any of a Buyer or its Affiliates or any of its or their respective employees, agents, accountants, legal counsel or other representatives or advisers as a result of any applicable law, rule or regulation of any Governmental Authority; and provided further that Purchaser Buyers shall promptly shall notify the Company Sellers of any disclosure pursuant to clause (iii) of this Section 6.05. Promptly after any termination 12.02(a); and, provided, further, that the 40 foregoing obligation of confidence shall not apply to the furnishing of information by a Buyer in bona fide discussions or negotiations with prospective lenders as long as the Buyer first obtains from such prospective lenders an undertaking of confidentiality to the effect of this Agreement, Purchaser and its representatives shall return to the Company or destroy all copies of documentation with respect to the Company that were supplied by or on behalf of the Company pursuant to this Agreement, without retaining any copy thereof, and destroy any notes or analyses Purchaser and/or its representatives may have prepared containing information derived from such materialsSection 12.02(a).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Magicworks Entertainment Inc)

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Prior to the Closing. Purchaser Buyer shall, and shall cause its Affiliates and its and their employees, agents, accountants, legal counsel and other representatives and advisers to, hold in strict confidence all, and not divulge or disclose any any, information of any kind concerning the Company and its business; provided, however, that the foregoing obligation of confidence shall not apply to (i) information that is or becomes generally available to the public other than as a result of a disclosure by Purchaser, any of Buyer or its Affiliates or any of its or their respective employees, agents, accountants, legal counsel or other representatives or advisers, (ii) information that is or becomes available to Purchaser, any of Buyer or its Affiliates or any of its or their respective employees, agents, accountants, legal counsel or other representatives or advisers on a nonconfidential basisbasis prior to its disclosure by Buyer or its Affiliates or any of its or their employees, agents, accountants, legal counsel or other representatives or advisers and (iii) information that is required to be disclosed by Purchaser, any of Buyer or its Affiliates or any of its or their respective employees, agents, accountants, legal counsel or other representatives or advisers as a result of any applicable law, rule or regulation of any Governmental Authority; and provided further that Purchaser Buyer promptly shall notify the Company of any disclosure pursuant to clause (iii) of this Section 6.05. Promptly after any termination 9.02(a); and, provided, further, that the foregoing obligation of this Agreement, Purchaser and its representatives confidence shall return not apply to the Company furnishing of information by Buyer in bona fide discussions or destroy all copies of documentation negotiations with respect to the Company that were supplied by or on behalf of the Company pursuant to this Agreement, without retaining any copy thereof, and destroy any notes or analyses Purchaser and/or its representatives may have prepared containing information derived from such materialsprospective lenders.

Appears in 1 contract

Samples: Asset Purchase Agreement (Armitec Inc)

Prior to the Closing. Purchaser Buyer shall, and shall cause its Affiliates and its and their employees, agents, accountants, legal counsel and other representatives and advisers to, hold in strict confidence all, and not divulge or disclose any any, information of any kind concerning the Company and its business; provided, however, that the foregoing obligation of confidence shall not apply to (i) information that is or becomes generally available to the public other than as a result of a disclosure by Purchaser, any of Buyer or its Affiliates or any of its or their respective employees, agents, accountants, legal counsel or other representatives or advisers, (ii) information that is or becomes available to Purchaser, any of Buyer or its Affiliates or any of its or their respective employees, agents, accountants, legal counsel or other representatives or advisers on a nonconfidential basisbasis prior to its disclosure by Buyer or its Affiliates or any of its or their employees, agents, accountants, legal counsel or other representatives or advisers and (iii) information that is required to be disclosed by Purchaser, any of Buyer or its Affiliates or any of its or their respective employees, agents, accountants, legal counsel or other representatives or advisers as a result of any applicable law, rule or regulation of any Governmental Authority; and provided further that Purchaser Buyer promptly shall notify the Company Sellers of any disclosure pursuant to clause (iii) of this Section 6.05. Promptly after any termination 9.02(a); and, provided, further, that the foregoing obligation of confidence shall not apply to the furnishing of information by Buyer in bona fide discussions or negotiations with prospective lenders as long as Buyer first obtains from such prospective lenders an undertaking of confidentiality to the effect of this AgreementSection 9.02(a). Without limiting the generality of the foregoing, Purchaser and its representatives Buyer agrees that it shall return be subject to the Company or destroy all copies restrictions of documentation with respect to the Company that were supplied Confidentiality Agreement heretofore executed by or on behalf "HEICO East Corporation" in favor of the Company pursuant to this Agreementas if a signatory thereto (provided, without retaining any copy thereofhowever, and destroy any notes or analyses Purchaser and/or its representatives may have prepared containing information derived from that such materialsagreement shall automatically terminate on the Closing hereunder).

Appears in 1 contract

Samples: Asset Purchase Agreement (Heico Corp)

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