Common use of Notification by Seller of Certain Matters Clause in Contracts

Notification by Seller of Certain Matters. During the period prior to the Closing Date, Seller will promptly advise Buyer in writing of (i) any material adverse change in the Company or the condition of its assets (including Members), properties or business, (ii) any notice or other communication from any third Person alleging that the consent of such third Person is or may be required in connection with the transactions contemplated by this Agreement, and (iii) any material default under any Company Agreement or event which, with notice or lapse of time or both, would become such a default on or prior to the Closing Date and of which Seller or the Company has knowledge.

Appears in 1 contract

Samples: Stock Purchase Agreement (Coventry Health Care Inc)

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Notification by Seller of Certain Matters. During the period prior to the Closing Date, Seller will promptly advise Buyer Buyers in writing of (i) any material adverse change Material Adverse Change in the Company or the condition of its assets (including Members)assets, properties or business, (ii) any notice or other communication from any third Person alleging that the consent of such third Person is or may be required in connection with the transactions contemplated by this Agreement, and (iii) any material default under any Company Agreement or event which, with notice or lapse of time or both, would become such a default on or prior to the Closing Date and of which Seller or the Company has knowledge.

Appears in 1 contract

Samples: Stock Purchase Agreement (Aegis Consumer Funding Group Inc)

Notification by Seller of Certain Matters. During the period prior to the Closing Date, Seller Sellers will promptly advise Buyer in writing of (i) any material adverse change in the Company Group or the condition of its assets (including Members)assets, properties or business, (ii) any notice or other communication from any third Person alleging that the consent of such third Person is or may be required in connection with the transactions contemplated by this Agreement, and (iii) any material default under any Company Agreement or event which, with notice or lapse of time or both, would become such a default on or prior to the Closing Date and of which Seller Sellers or the Company has knowledge.

Appears in 1 contract

Samples: Stock Purchase Agreement (Global Med Technologies Inc)

Notification by Seller of Certain Matters. During the period prior to the Closing Date, Seller will promptly advise Buyer in writing of (ia) any material adverse change in the Company Acquired Companies or the condition of its assets (including Members), properties or businesstheir Assets, (iib) any notice or other communication from any third Person alleging that the consent Consent of such third Person is or may be required in connection with the transactions contemplated by this Agreement, Contemplated Transactions and (iiic) any material default under any Company Agreement Applicable Contract or event which, with notice or lapse of time or both, would become such a default on or prior to the Closing Date and of which Seller or the Company has knowledge.

Appears in 1 contract

Samples: Stock Purchase Agreement (Greif Brothers Corp)

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Notification by Seller of Certain Matters. During the period prior to the Initial Closing Date, Seller will promptly advise Buyer in writing of (i) any material adverse change Material Adverse Change in the Company or the condition of its assets (including Members)assets, properties or business, ; (ii) any notice or other communication from any third Person alleging that the consent of such third Person is or may be required in connection with the transactions contemplated by this Agreement, ; and (iii) any material default under any Company Agreement agreement or event which, with notice or lapse of time or both, would become such a default on or prior to the Initial Closing Date and of which any Seller or the Company has knowledgeKnowledge.

Appears in 1 contract

Samples: Stock Purchase Agreement (Colombia Goldfields LTD)

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