Common use of Notice of Material Developments Clause in Contracts

Notice of Material Developments. Each Party shall give prompt written notice to the other Party of any (i) representation or warranty made by such Party in this Agreement which was true as of the date of this Agreement, but which subsequently becomes untrue (or which such Party learns was not true as of the date of this Agreement), (ii) breach of any covenant under this Agreement by such Party, and (iii) any other material development affecting the ability of such Party to consummate the transactions contemplated in this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Tandem Health Care, Inc.), Asset Purchase Agreement (Tandem Health Care, Inc.)

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Notice of Material Developments. Each Party shall give prompt written notice to the other Party of any (i) representation or warranty made by such Party contained in this Agreement which was true as of the date of this Agreement, but which has subsequently becomes untrue (or which such Party learns was not true as of the date of this Agreement)become untrue, (ii) breach of any covenant under this Agreement by such Party, and (iii) any other material development affecting the ability of such Party party to consummate the transactions contemplated in this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Segmentz Inc)

Notice of Material Developments. Each Party shall will give prompt ------------------------------- written notice to the other Parties when such Party becomes aware of any (i) representation or warranty made by of such Party contained in this Agreement agreement which was true as of the date of this Agreement, hereof but which has subsequently becomes become untrue (or which such Party learns was not true as of the date of this Agreement)in any material respect, (ii) breach of any covenant under this Agreement hereunder by any such Party, Party and (iii) any other material development affecting the ability of any such Party to consummate the transactions contemplated in by this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Alliance Laundry Holdings LLC)

Notice of Material Developments. Each Party shall give prompt written notice to the other Party of any (i) representation representations or warranty made by such Party warranties contained in this Agreement which was true as of the date of this Agreement, but which has subsequently becomes untrue (or which such Party learns was not true as of the date of this Agreement)become untrue, (ii) breach of any covenant under this Agreement by such Party, and (iii) any other material development affecting the ability of such Party to consummate the transactions contemplated in this Agreement.

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (LDM Technologies Inc)

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Notice of Material Developments. Each Party shall give prompt written notice to the other Party Parties of any (i) representation or warranty made by of such Party contained in this Agreement which was true as of the date of this Agreement, but which has subsequently becomes untrue (or which such Party learns was not true as of the date of this Agreement)become untrue, (ii) breach Breach of any covenant under this Agreement by such Party, and (iii) any other material development affecting the ability of such Party to consummate the transactions contemplated in this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Bingham Financial Services Corp)

Notice of Material Developments. Each Party shall give prompt written notice to the other Party Parties of any (i) representation or warranty made by such Party contained in this Agreement which was true as of the date of this Agreement, but which has subsequently becomes untrue (or which such Party learns was not true as of the date of this Agreement)become untrue, (ii) breach of any covenant under this Agreement by such Party, and (iii) any other material development affecting the ability of such Party to consummate the transactions contemplated in this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Harvard Bioscience Inc)

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