Adverse Changes in Condition. Seller agrees to give written notice promptly to Buyer upon becoming aware of the occurrence or impending occurrence of any event or circumstance relating to it or any of its Subsidiaries which (i) is reasonably likely to have, individually or in the aggregate, a Seller Material Adverse Effect, or (ii) would cause or constitute a material breach of any of its representations, warranties, or covenants contained herein, and to use its reasonable efforts to prevent or promptly to remedy the same.
Appears in 2 contracts
Samples: Merger Agreement (Charter Financial Corp), Merger Agreement (Charter Financial Corp)
Adverse Changes in Condition. Seller agrees The Company and the Sellers agree to give Purchaser written notice promptly to Buyer upon becoming aware of the occurrence or impending occurrence of any event or circumstance relating to it or any of its Subsidiaries which (i) that is reasonably likely to have, individually or in the aggregate, a Seller Company Material Adverse Effect, Effect or (ii) that would cause or constitute a material breach of any of its the Sellers' representations, warranties, or covenants contained herein, and to use its reasonable efforts to prevent or promptly to remedy the same.
Appears in 2 contracts
Samples: Purchase Agreement (Systems & Computer Technology Corp), Purchase Agreement (Indus International Inc)