Common use of Notice of Subsequent Events Clause in Contracts

Notice of Subsequent Events. Each party hereto shall notify the other parties of any changes, additions or events of which they have knowledge which would cause any material change in or material addition to any Exhibit to its Disclosure Schedule delivered by the notifying party under this Plan of Merger, promptly after the occurrence of the same. If the effect of such change or addition would, individually or in the aggregate with the effect of changes or additions previously disclosed pursuant to this Section 7.8, constitute a material adverse effect on the notifying party, the non-notifying party may, if such change or addition has not been ameliorated within ten days after receipt of such notice, elect to terminate this Plan of Merger. If the non-notifying party does not give written notice of such termination within such 10-day period, the non-notifying party shall be deemed to have consented to such change or addition and shall not be entitled to terminate this Plan of Merger by reason thereof.

Appears in 1 contract

Samples: Plan and Agreement of Merger (Medpartners Inc)

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Notice of Subsequent Events. Each party hereto shall notify the other parties of any changes, additions or events of which they have knowledge which would cause any material change in or material addition to any Exhibit to its Disclosure Schedule delivered by the notifying party under this Plan of Merger, promptly after the occurrence of the same. If the effect of such change or addition would, individually or in the aggregate with the effect of changes or additions previously disclosed pursuant to this Section 7.87.9, constitute a material adverse effect on the notifying party, the non-notifying party may, if such change or addition has not been ameliorated within ten days after receipt of such notice, elect to terminate this Plan of Merger. If the non-notifying party does not give written notice of such termination within such 10-day period, the non-notifying party shall be deemed to have consented to such change or addition and shall not be entitled to terminate this Plan of Merger by reason thereof.

Appears in 1 contract

Samples: Plan and Agreement of Merger (America Service Group Inc /De)

Notice of Subsequent Events. Each party hereto shall notify the other parties party of any changes, additions or events of which they have knowledge which would cause any material change in or material addition to any Exhibit to its the Disclosure Schedule delivered by the notifying party under this Plan of Merger, promptly after the occurrence of the same. If the effect of such change or addition would, individually or in the aggregate with the effect of changes or additions previously disclosed pursuant to this Section 7.86.13, constitute a material adverse effect Material Adverse Effect on the notifying party, the non-notifying party may, if such change or addition has not been ameliorated within ten (10) days after receipt of such notice, elect to terminate this Plan of Merger, subject to Section 8.1(d). If the non-notifying party does not give written notice of such termination within such 10-day period, the non-notifying party shall be deemed to have consented to such change or addition and shall not be entitled to terminate this Plan of Merger by reason thereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bancshares of Florida Inc)

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Notice of Subsequent Events. Each party hereto shall notify the other parties of any changes, additions or events of which they have knowledge which would cause any material change in or material addition to any Exhibit to its Disclosure Schedule exhibit delivered by the notifying party under this Plan of Merger, promptly after the occurrence of the same. If the effect of such change or addition would, individually or in the aggregate with the effect of changes or additions previously disclosed pursuant to this Section 7.86.9, constitute a material adverse effect on the notifying party, the non-notifying party may, if such change or addition has not been ameliorated within ten days after receipt of such notice, elect to terminate this Plan of Merger. If the non-notifying party does not give written notice of such termination within such 10-day period, the non-notifying party shall be deemed to have consented to such change or addition and shall not be entitled to terminate this Plan of Merger by reason thereof.

Appears in 1 contract

Samples: Plan and Agreement of Merger (Medpartners Inc)

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