Common use of Notification of Breaches Clause in Contracts

Notification of Breaches. Each party agrees that it shall promptly notify in writing the other party if such notifying party becomes aware of any breach of, or inaccuracy in, or of any facts or circumstances constituting or resulting in the breach of, or inaccuracy in, any representation, warranty, covenant or agreement of such notifying party or of such other party that would cause a failure of the conditions to Closing set forth in Article VIII with respect to such party.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Communications Systems Inc), Securities Purchase Agreement (Lantronix Inc)

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Notification of Breaches. Each party Party agrees that it shall promptly notify in writing the other party Party if such notifying party Party becomes aware of any breach of, or inaccuracy in, or of any facts or circumstances constituting or resulting in the breach of, or inaccuracy in, any representation, warranty, warranty or covenant or agreement of such notifying party Party or of such other party Party that would cause a failure of the conditions to Closing set forth in Article VIII with respect to such partyParty.

Appears in 1 contract

Samples: Merger Agreement (Electro Sensors Inc)

Notification of Breaches. Each party Party agrees that it shall promptly notify in writing the other party Party if such notifying party Party becomes aware of any breach of, or inaccuracy in, or of any facts or circumstances constituting or resulting in the breach of, or inaccuracy in, any representation, warranty, warranty or covenant or agreement of such notifying party Party or of such other party Party that would cause a failure of the conditions to Closing set forth in Article ARTICLE VIII with respect to such partyParty.

Appears in 1 contract

Samples: Merger Agreement (Communications Systems Inc)

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Notification of Breaches. Each party agrees that it Party (the “Notifying Party”) shall promptly notify in writing the other party if such notifying party becomes aware Party promptly after the Notifying Party obtains Knowledge that any representation or warranty of the other Party contained in this Agreement is untrue or will be untrue as of the Closing Date or that any breach of, or inaccuracy in, or of any facts or circumstances constituting or resulting in the breach of, or inaccuracy in, any representation, warranty, covenant or agreement of such notifying party to be performed or of such observed by the other party that would cause a failure of Party prior to or on the conditions to Closing set forth in Article VIII with respect to such partyDate has not been or will not be so performed or observed.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Natural Resource Partners Lp)

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