Notice of Legal Matters. The Company shall notify Purchaser promptly after the Company shall obtain knowledge of any written notice of any legal or arbitral proceedings, and of all proceedings by or before any governmental authority, and each material development in respect of such legal or other proceeding affecting the Company, except proceedings which, if adversely determined, would not reasonably be likely to have a Material Adverse Effect.
Appears in 11 contracts
Samples: Securities Purchase Agreement (Fuse Science, Inc.), Securities Purchase Agreement (MusclePharm Corp), Securities Purchase Agreement (Biozone Pharmaceuticals, Inc.)
Notice of Legal Matters. The Company and/or the Parent shall notify Purchaser the Purchasers promptly after the Company and/or the Parent shall obtain knowledge of any written notice of any legal or arbitral proceedings, and of all proceedings by or before any governmental authority, and each material development in respect of such legal or other proceeding affecting the CompanyCompany or Parent, except proceedings which, if adversely determined, would not reasonably be likely to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Securities Purchase Agreement (NaturalNano, Inc.), Securities Purchase Agreement (Ecosphere Technologies Inc)
