Common use of Notice of Material Developments Clause in Contracts

Notice of Material Developments. Promptly notify UAC in writing of any material adverse change in, or any changes which in the aggregate would likely result in a material adverse change in, the business, properties, condition (financial or otherwise), results of operations or prospects of PROVIDENCE or any of its subsidiaries, whether or not occurring in the usual and ordinary course of business, but only to the extent PROVIDENCE or any of such subsidiaries has actual knowledge of any such changes.

Appears in 2 contracts

Samples: Agreement and Plan of Merger and Reorganization (United American Companies Inc), Agreement and Plan of Merger and Reorganization (Providence Capital I Inc)

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Notice of Material Developments. Promptly notify UAC PROVIDENCE in writing of any material adverse change in, or any changes which in the aggregate would likely result in a material adverse change in, the business, properties, condition (financial or otherwise), ) or results of operations or prospects of PROVIDENCE or any of its subsidiariesUAC, whether or not occurring in the usual and ordinary course of its business, but only to the extent PROVIDENCE or any of such subsidiaries UAC has actual knowledge of any such changes.

Appears in 2 contracts

Samples: Agreement and Plan of Merger and Reorganization (United American Companies Inc), Agreement and Plan of Merger and Reorganization (Providence Capital I Inc)

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