Common use of Amendment to Schedules Clause in Contracts

Amendment to Schedules. Each party hereto agrees that, with respect to the representations and warranties of such party contained in this Agreement, such party shall have the continuing obligation until Closing to supplement or amend promptly the Disclosure Schedule with respect to any matter that would have been or would be required to be set forth or described in the Disclosure Schedule in order to not materially breach any representation, warranty or covenant of such party contained herein; provided that no amendment or supplement to the Disclosure Schedule that constitutes or reflects, individually or in the aggregate, a Material Adverse Effect to the Practice or the Assets may be made unless the Purchaser consents to such amendment or supplement, and no amendment or supplement to the Disclosure Schedule that constitutes or reflects a Material Adverse Effect to the Purchaser may be made unless the Physicians and the Clinic consent to such amendment or supplement. For all purposes of this Agreement, including without limitation for purposes of determining whether the conditions set forth in Sections 8.1, 8.2 and 8.3 have been fulfilled, the Disclosure Schedule hereto shall be deemed to be the Disclosure Schedule as amended or supplemented pursuant to this Section 7.4. In the event that the Physician Parties seek to amend or supplement the Disclosure Schedule pursuant to this Section 7.4 and the Purchaser does not consent to such amendment or supplement, or the Purchaser seeks to amend or supplement the Disclosure Schedule pursuant to this Section 7.4 and Physicians and the Clinic do not consent, this Agreement shall be deemed terminated by mutual consent.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Basic Care Networks Inc), Asset Purchase Agreement (Basic Care Networks Inc)

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Amendment to Schedules. Each party hereto agrees that, with respect to the representations and warranties of such party contained in this Agreement, such party shall have the continuing obligation until Closing to supplement or amend promptly the Disclosure Schedule Schedules with respect to any matter that would have been or would be required to be set forth or described in the Disclosure Schedule Schedules in order to not materially breach any representation, warranty or covenant of such party contained herein; provided that no amendment or supplement to the Disclosure a Schedule that constitutes or reflects, individually or in the aggregate, a Material Adverse Effect material adverse change to the Practice or the Assets may be made unless the Purchaser Company consents to such amendment or supplement, and no amendment or supplement to the Disclosure a Schedule that constitutes or reflects a Material Adverse Effect material adverse change to the Purchaser Company may be made unless the Physicians Physician and each of the Clinic Clinics consent to such amendment or supplement. For all purposes of this Agreement, including without limitation for purposes of determining whether the conditions set forth in Sections 8.17.1, 8.2 7.2 and 8.3 7.3 have been fulfilled, the Disclosure Schedule Schedules hereto shall be deemed to be the Disclosure Schedule Schedules as amended or supplemented pursuant to this Section 7.46.4. In the event that the Physician Parties seek or each of the Clinics seeks to amend or supplement the Disclosure a Schedule pursuant to this Section 7.4 6.4 and the Purchaser Company does not consent to such amendment or supplement, or the Purchaser Company seeks to amend or supplement the Disclosure a Schedule pursuant to this Section 7.4 6.4 and Physicians Physician and each of the Clinic Clinics do not consent, this Agreement shall be deemed terminated by mutual consent.

Appears in 1 contract

Samples: Master Transaction Agreement (Basic Care Networks Inc)

Amendment to Schedules. Each party hereto agrees that, with respect to the representations and warranties of such party contained in this Agreement, such party shall have the continuing obligation until Closing to supplement or amend promptly the Disclosure Schedule Schedules with respect to any matter that would have been or would be required to be set forth or described in the Disclosure Schedule Schedules in order to not materially breach any representation, warranty or covenant of such party contained herein; provided that no amendment or supplement to the Disclosure a Schedule that constitutes or reflects, individually or in the aggregate, a Material Adverse Effect material adverse change to the Practice or the Nonmedical Assets may be made unless the Purchaser PTI consents to such amendment or supplement, and no amendment or supplement to the Disclosure a Schedule that constitutes or reflects a Material Adverse Effect material adverse change to the Purchaser PTI may be made unless the Physicians Physician and the Old Clinic consent to such amendment or supplement. For all purposes of this Agreement, including without limitation for purposes of determining whether the conditions set forth in Sections 8.17.1, 8.2 7.2 and 8.3 7.3 have been fulfilled, the Disclosure Schedule Schedules hereto shall be deemed to be the Disclosure Schedule Schedules as amended or supplemented pursuant to this Section 7.46.4. In the event that the Physician Parties seek or Old Clinic seeks to amend or supplement the Disclosure a Schedule pursuant to this Section 7.4 6.4 and the Purchaser PTI does not consent to such amendment or supplement, or the Purchaser PTI seeks to amend or supplement the Disclosure a Schedule pursuant to this Section 7.4 6.4 and Physicians Physician and the Old Clinic do not consent, this Agreement shall be deemed terminated by mutual consent.

Appears in 1 contract

Samples: Master Transaction Agreement (Physicians Trust Inc)

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Amendment to Schedules. Each party hereto agrees that, with respect to the representations and warranties of such party contained in this Agreement, such party shall have the continuing obligation until Closing to supplement or amend promptly the Disclosure Schedule Schedules with respect to any matter that would have been or would be required to be set forth or described in the Disclosure Schedule Schedules in order to not materially breach any representation, warranty or covenant of such party contained herein; provided that no amendment or supplement to the a Disclosure Schedule that constitutes or reflects, individually or in the aggregate, a Material Adverse Effect material adverse change to the Practice Company's business or the Assets assets may be made unless the Purchaser Parent is informed of the material nature of such change in writing and consents to such amendment or supplement, and no amendment or supplement to the a Disclosure Schedule that constitutes or reflects a Material Adverse Effect material adverse change to the Purchaser Parent's assets or business may be made unless the Physicians Company and Shareholder are informed of the Clinic material nature of such change in writing and consent to such amendment or supplement. For all purposes of this Agreement, including without limitation for purposes of determining whether the conditions set forth in Sections 8.1, 8.2 Section 6.1 and 8.3 Section 6.2 have been fulfilled, the Disclosure Schedule Schedules hereto shall be deemed to be the Disclosure Schedule Schedules as amended or supplemented pursuant to this Section 7.45.3. In the event that the Physician Parties seek Company or Shareholder seeks to amend or supplement the a Disclosure Schedule pursuant to this Section 7.4 5.3 and the Purchaser Parent does not consent to such amendment or supplement, or the Purchaser Parent seeks to amend or supplement the a Disclosure Schedule pursuant to this Section 7.4 5.3 and Physicians and the Clinic do Company or Shareholder does not consent, this Agreement shall be deemed terminated by mutual consentwritten consent as set forth in Section 10.1 hereof.

Appears in 1 contract

Samples: Merger Agreement (Group Maintenance America Corp)

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