DISCLOSURE
The parties wish to exchange information with each other relating to a direct or indirect interest in the discreet land/property.
The sale of this land/property is of delicate nature and as such the owners do not want their intentions to sell shared in the public domain.
Any information shared with you cannot be divulged or discussed with anyone else or made public in any way without the permission of the owners and/or Cooper Adams.
Breaching this agreement could result in being sued for damages (i.e. compensation).
Permitted disclosure
The Recipient may disclose or permit to be disclosed Confidential Information to:
where necessary in connection with the Proposed Transaction, any subsidiary or parent undertaking of the Recipient (whether direct or indirect), any subsidiary undertaking of such parent, any partnership interest in or of the Recipient (the "Recipient Group"), any partner, trustee, nominee, operator, funder or arranger of equity or debt or investment manager or investment adviser to and/or of the Recipient or the Recipient Group or any funds managed or advised by, or clients of, the Recipient or the Recipient Group in each case from time to time;
the Professional Advisers engaged by the Recipient or the Recipient Group in respect of the Proposed Transaction; and
any of its or any member of the Recipient Group's officers, directors and necessary employees in connection with the Proposed Transaction,
provided that it procures that each such person to whom the Confidential Information is disclosed complies with the obligations set out in this agreement as if they were the Recipient.
The Recipient shall inform the Provider as soon as reasonably practicable upon becoming aware that a person to whom disclosure of Confidential Information is not permitted under this agreement, has become aware of Confidential Information.
Each party may disclose the Confidential Information to the minimum extent required by:
any order of any court of competent jurisdiction or any regulatory, judicial, governmental or similar body or taxation authority of competent jurisdiction;
the rules of any listing authority or stock exchange on which its shares or the shares of any member of the Recipient Group are listed; or
the laws or regulations of any country to which its affairs are subject,
provided always that the Recipient informs the Provider of the disclosure, to the extent legally permissible, as soon as reasonably practicable.