Initial Press Release Sample Clauses
The Initial Press Release clause establishes the parties' agreement regarding the issuance of a public announcement about their transaction or partnership. Typically, it outlines who is responsible for drafting the press release, the approval process for its content, and any timing requirements for its publication. This clause ensures that both parties have control over the information disclosed to the public, preventing unauthorized or premature announcements and protecting sensitive business interests.
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Initial Press Release. Upon execution of this Agreement, the Parties shall each separately issue a press release announcing the execution of this Agreement, substantially in the form of Exhibit 6 or Exhibit 7 attached hereto, as applicable, and Licensor and Licensee may also separately issue a translation in the French of the form of press release attached as Exhibit 6 and in Chinese of the form of press release attached as Exhibit 7. Notwithstanding anything to the contrary in the foregoing, if either Party is restricted by applicable Laws and Regulations (including, but not limited to, applicable securities laws) from making a press release as described in this Section 16.11(i), then such Party will be deemed to have fulfilled its obligations under this Section 16.11(i) by making such public statement, if any, as is permitted under such applicable Law and Regulations.
Initial Press Release. The Parties shall mutually agree upon the timing and content of any initial press release or other public announcement relating to this Agreement and the transactions contemplated herein.
Initial Press Release. The proposed public announcement by Licensor of the execution of this Agreement is set forth on Schedule 8.5(a) hereto.
Initial Press Release. The Parties agree to issue the joint press release attached hereto as Exhibit 13.4.1 on or the day after the Effective Date.
Initial Press Release. The Parties shall issue a mutually approved, initial press release promptly after the Effective Date. The Parties agree that this press release shall be in the form of the press release attached to this Agreement as Exhibit C.
Initial Press Release. The proposed public announcement by the Parties of the execution of this Agreement is set forth on Schedule 4.5(a) hereto.
Initial Press Release. Cerecor Bolsters Clinical Pipeline with Acquisition of Phase 2-ready Kappa Opioid Receptor Antagonist from ▇▇▇ ▇▇▇▇▇ and Company
Initial Press Release. Upon execution of this Agreement, the Parties shall each separately issue a press release announcing the execution of this Agreement, substantially in the form of Exhibit F-1 or Exhibit F-2 attached hereto, as applicable, and PEI may also issue a translation in the Chinese language of the form of press release attached as Exhibit F-2.
Initial Press Release. The proposed public announcements by Sutro and by Merck of the execution of this Agreement is set forth on Schedule 9.5(a) hereto.
Initial Press Release. Notwithstanding Section 11.3 below, the Parties have agreed on an initial press release of the transaction contemplated by this Agreement which is attached hereto as Exhibit B (the “Initial Press Release”). The Initial Press Release may be issued or used by each Party individually or by the Parties jointly on or after the Effective Date. Thereafter, each Party may disclose the information contained in such press release without need for further approval by the other.