Common use of Alternative Transaction Proposal Clause in Contracts

Alternative Transaction Proposal. Except as otherwise provided in this Agreement, the Company shall not, directly or indirectly through any director, officer, employee, representative or agent of the Company, for a period of 75 days from the date hereof: (a) solicit, assist, initiate, knowingly encourage or knowingly facilitate (including by way of discussion, negotiation, furnishing information, permitting any visit to any facilities or properties of the Company or the Subsidiary, or entering into any form of agreement, arrangement or understanding) any inquiries, proposals or offers regarding any Alternative Transaction Proposal; Legal*7415880.1 (b) approve any Alternative Transaction Proposal; (c) accept or enter into any letter of intent, agreement in principle, agreement, arrangement or undertaking related to any Alternative Transaction Proposal; or (d) release any Person from or waive any confidentiality or standstill agreement with such Person that would facilitate the making or implementation of any Alternative Transaction Proposal.

Alternative Transaction Proposal. Except as otherwise provided in this Agreement, the Company shall not, directly or indirectly through any director, officer, employee, representative or agent of the Company, for a period of 75 days from the date hereof: (a) solicit, assist, initiate, knowingly encourage or knowingly facilitate (including by way of discussion, negotiation, furnishing information, permitting any visit to any facilities or properties of the Company or the Subsidiary, or entering into any form of agreement, arrangement or understanding) any inquiries, proposals or offers regarding any Alternative Transaction Proposal; Legal*7415880.1; (b) approve any Alternative Transaction Proposal; (c) accept or enter into any letter of intent, agreement in principle, agreement, arrangement or undertaking related to any Alternative Transaction Proposal; or (d) release any Person from or waive any confidentiality or standstill agreement with such Person that would facilitate the making or implementation of any Alternative Transaction Proposal.