Your rewrite of the passage makes no sense.

< In regards to Paragraph 7.6, (a), (b) or (c), except as may be required by Applicable Law, PTSC will not issue any such press release or public statement without the prior consent of the other party hereto.>

While there may be requirement with respect to SEC filings, there are no Applicable Laws applying to press releases or public statements. Continuing to press an indefensible interpetation may well be considered disruptive. I hope that is not your intent.

Opty