Common use of Accuracy of Representations and Warranties and Satisfaction of Conditions Clause in Contracts

Accuracy of Representations and Warranties and Satisfaction of Conditions. Seller Shareholder will immediately advise Buyer in writing if (a) any of the representations or warranties of Seller Shareholder is untrue or incorrect in any material respect, or (b) Seller Shareholder becomes aware of the occurrence of any event or state of facts that results in any of the representations and warranties of Seller Shareholder being untrue or incorrect as if Seller Shareholder was then making them. Seller Shareholder will not take any action, or omit to take any action, and shall cause Company not to take any action, or omit to take any action, that would result in any of Seller Shareholder's representations and warranties set forth in this Agreement to be untrue or incorrect as of the Closing Date. Seller Shareholder will use its best efforts to cause all conditions set forth in Section 5 that are within its control to be satisfied as promptly as practicable under the circumstances.

Appears in 1 contract

Samples: Stock Purchase Agreement (Semco Energy Inc)

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Accuracy of Representations and Warranties and Satisfaction of Conditions. Seller Shareholder Equityholders will immediately advise Buyer in writing if (a) any of the representations or warranties of Seller Shareholder Equityholders is untrue or incorrect in any material respect, or (b) Seller Shareholder becomes Equityholders become aware of the occurrence of any event or state of facts that results in any of the representations and warranties of Seller Shareholder Equityholders being untrue or incorrect as if Seller Shareholder was Equityholders were then making them. Seller Shareholder Equityholders will not take any action, or omit to take any action, and shall cause Company Seller not to take any action, or omit to take any action, that would result in any of Seller Shareholder's Equityholders’ representations and warranties set forth in this Agreement to be untrue or incorrect as of the Closing Date. Seller Shareholder Equityholders will use its their best efforts to cause all conditions set forth in Section 5 that are within its their control to be satisfied as promptly as practicable under the circumstances.

Appears in 1 contract

Samples: Membership Interest]purchase Agreement

Accuracy of Representations and Warranties and Satisfaction of Conditions. Seller Shareholder will immediately advise Buyer in writing if (a) any of the representations or warranties of Seller Shareholder is untrue or incorrect in any material respect, or (b) Seller Shareholder becomes aware of the occurrence of any event or state of facts that results in any of the representations and warranties of Seller Shareholder being untrue or incorrect as if Seller Shareholder was were then making them. Seller Shareholder will not take any action, or omit to take any action, and shall cause Company [CONFIDENTIAL TREATMENT REQUESTED] not to take any action, or omit to take any action, that would result in any of Seller Shareholder's Seller’s representations and warranties set forth in this Agreement to be untrue or incorrect as of the Closing Date. Seller Shareholder will use its best efforts to cause all conditions set forth in Section 5 that are CONFIDENTIAL TREATMENT REQUESTED within its control to be satisfied as promptly as practicable under the circumstances.

Appears in 1 contract

Samples: Confidential Treatment (VCG Holding Corp)

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Accuracy of Representations and Warranties and Satisfaction of Conditions. Seller Shareholder Equityholders will immediately advise Buyer in writing if (a) any of the representations or warranties of Seller Shareholder Equityholders is untrue or incorrect in any material respect, or (b) Seller Shareholder becomes Equityholders become aware of the occurrence of any event or state of facts that results in any of the representations and warranties of Seller Shareholder Equityholders being untrue or incorrect as if Seller Shareholder was Equityholders were then making them. Seller Shareholder Equityholders will not take any action, or omit to take any action, and shall cause Company Seller not to take any action, or omit to take any action, that would result in any of Seller Shareholder's Equityholders representations and warranties set forth in this Agreement to be untrue or incorrect as of the Closing Date. Seller Shareholder Equityholders will use its their best efforts to cause all conditions set forth in Section 5 that are within its their control to be satisfied as promptly as practicable under the circumstances.

Appears in 1 contract

Samples: Stock Purchase Agreement (VCG Holding Corp)

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