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)

AutoNDA by SimpleDocs

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: Agreement and Plan of Merger (Communications Systems Inc)

AutoNDA by SimpleDocs

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: Agreement and Plan of Merger (Electro Sensors Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.