Common use of Notification of Certain Matters Clause in Contracts

Notification of Certain Matters. Parent and the Company shall each give prompt notice to the other party if any of the following occur after the date of this Agreement: (a) receipt of any written notice to the receiving party from any third person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; (b) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Nordson Corp), Agreement and Plan of Merger (Atrion Corp), Voting and Support Agreement (Nordson Corp)

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Notification of Certain Matters. Parent and the The Company shall each give prompt notice to the other party Purchaser if any of the following occur after the date of this Agreement: (ai) receipt by the Company of any written notice to the receiving party or other communication in writing from any third person party alleging that the consent or approval Consent of such third person party is or may be required in connection with the Transactionstransactions contemplated by this Agreement, provided that such Consent would have been required to have been disclosed in this Agreement; (bii) receipt by the Company of any material written notice or other material communication in writing from any Governmental AuthorityAuthority (including, but not limited to, the Nasdaq (NASD or any other securities marketexchange) in connection with the Transactionstransactions contemplated by this Agreement; or (ciii) if to the Knowledge of the Company there has occurred, becomes aware of an occurrence or if Parent obtains knowledge nonoccurrence of the occurrence of, as applicable, an event which would or would be reasonably likely to (A) have a Company Material Adverse Effect, (B) result in the failure a breach of a representation, warranty, covenant or other agreement hereunder or (C) cause any condition set forth in Article VII Annex I hereto to be satisfied. Without limiting unsatisfied at any time prior to the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two Closing or (72iv) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of receipt by the Company or any Company Subsidiary that would of its subsidiaries of any notice in writing as to (iA) reasonably be expected the commencement or threat of any Litigation relating to be or affecting the consummation of the transactions contemplated by this Agreement, (B) alleged noncompliance with or liability under any Environmental Law, in each case, which is material to the Company Groupand its subsidiaries taken as a whole or (C) Environmental Contamination, involving or affecting the Company or any of its subsidiaries, or any of their respective properties or assets, which is material to the Company and its subsidiaries taken as a whole. Notwithstanding the foregoing, the breach or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken failure by the Company to investigatecomply with any of the terms set forth in Section 4.2(i), remediateSection 4.2(iii)(A), mitigate and contain Section 4.2(iii)(B) (only to the extent such Data Breach and Section 4.2 (Ciii)(B) any notifications provided (relates to the breach of representations or anticipated warranties) or otherwise required to be providedSection 4.2(iv) shall not entitle Purchaser to any Governmental Authorityremedy other than the remedies, impacted individual if any, that would be available to Purchaser under the terms of this Agreement (other than this Section 4.2) upon the occurrence or other third party with respect to such Data Breach. Subject to, and non-occurrence of any of the events described in accordance withSection 4.2(i), Section 6.02(a4.2(iii)(A), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall Section 4.2(iii)(B) (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions only to the obligations of the parties under this Agreement, or extent such Section 4.2 (Biii)(B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything relates to the contrary in this Agreement, the failure to deliver any such notice, in and breach of itself, shall not give rise to any right to terminate under Article VIIIrepresentations or warranties) or Section 4.2(iv).

Appears in 3 contracts

Samples: Acquisition Agreement (Parker Hannifin Corp), Acquisition Agreement (Parker Hannifin Corp), Acquisition Agreement (Denison International PLC)

Notification of Certain Matters. Prior to the Acceptance Time, the Parent and the Company shall each give prompt notice to the other party if any Company, and the Company shall give prompt notice to the Parent, of the following occur after the date of this Agreement: (a) receipt the occurrence, or failure to occur, of any written notice event, of which such party has Knowledge that is reasonably expected to cause any representation or warranty contained in this Agreement to become untrue or inaccurate such that it is reasonably expected to have a Company Material Adverse Effect or Parent Material Adverse Effect, as the receiving party from any third person alleging that case may be, until the consent Acceptance Time or approval of such third person is or may be required in connection with the Transactions; (b) receipt any material failure of the Parent and the Purchaser or the Company, as the case may be, or of any notice officer, director, employee or other communication from agent thereof, of which such party has Knowledge to comply with or satisfy any Governmental Authoritycovenant, the Nasdaq (condition or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII agreement to be satisfied. Without limiting the foregoingcomplied with or satisfied by it under this Agreement; provided, unless prohibited under any Privacy Obligationshowever, and in each case subject to Section 6.02(a), the Company that no such notification shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or parties, the conditions to the obligations of the parties under this AgreementAgreement or the remedies available to the party receiving such notification. Without limiting the foregoing, or (B) disclosure by the Company shall, within twenty-four (24) hours after it has actual Knowledge of any of the following, notify the Parent of (i) any notice or Parent other communication from any Person alleging that the consent of such Person is or may be deemed required pursuant to amend any contract or supplement agreement listed in the Company Disclosure Schedule in connection with the transactions contemplated by this Agreement or constitute an exception is otherwise required to consummate the Offer or the Merger, (ii) any representation notice or warranty. Notwithstanding anything to other communication from any Governmental Entity in connection with the contrary in transactions contemplated by this Agreement, and (iii) any actions, suits, claims, investigations or proceedings instituted or threatened against the failure Company or any of its directors, officers or Affiliates, including by any stockholder of the Company, before any court or Governmental Entity, relating to deliver or involving or otherwise affecting the Company or any of its Subsidiaries which, if pending on the date of this Agreement, would have been required to have been disclosed pursuant to this Agreement or relating to this Agreement or the transactions contemplated hereby, or seeking damages or discovery in connection with such transactions. The Company shall consult with the Parent regarding the defense or settlement of any such noticeactions, in suits, claims, investigations or proceedings and of itselfshall consider the Parent’s views with respect to such actions, shall not give rise to any right to terminate under Article VIIIsuits, claims, investigations or proceedings.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Covidien PLC), Agreement and Plan of Merger (Aspect Medical Systems Inc), Agreement and Plan of Merger (Aspect Medical Systems Inc)

Notification of Certain Matters. Parent and the Company Each party shall each give prompt notice to the other parties of (i) the occurrence or non-occurrence of any event of which such party if has knowledge the occurrence or non-occurrence of which would cause any representation or warranty made by such party in this Agreement to be untrue or inaccurate in any material respect at any time from the date hereof to the Acceptance Time, (ii) any Offer Condition of which such party has knowledge is unsatisfied in any material respect as of any scheduled Expiration Date, and (iii) any material failure of such party or any of its Representatives of which such party has knowledge to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it hereunder; provided, however, that no such notification shall affect the representations, warranties, covenants or agreements of the parties, the conditions to the obligations of the parties under this Agreement or the remedies available to the party receiving such notification. Without limiting the foregoing, the Company shall, within twenty-four (24) hours after it has notice of any of the following occur after the date notify Parent of this Agreement: (a1) receipt of any written notice to the receiving party or other communication from any third person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; transactions contemplated by this Agreement, (b2) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) Entity in connection with the Transactions; transactions contemplated by this Agreement, and (3) any actions, suits, claims, investigations or (c) if to proceedings instituted or threatened against the Knowledge Company or any of its directors, officers or Affiliates, including by any shareholder of the Company there has occurredCompany, before any court or if Parent obtains knowledge of the occurrence ofGovernmental Entity, as applicable, an event which would relating to or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access involving or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of otherwise affecting the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impactedSubsidiaries which, if applicable)pending on the date of this Agreement, (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise would have been required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party have been disclosed pursuant to this Section 6.12 limit Agreement or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties relating to this Agreement or the conditions to the obligations of the parties under this Agreementtransactions contemplated hereby, or (B) disclosure by the Company seeking damages or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary discovery in this Agreement, the failure to deliver any connection with such notice, in and of itself, shall not give rise to any right to terminate under Article VIIItransactions.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Somanetics Corp), Agreement and Plan of Merger (Somanetics Corp), Agreement and Plan of Merger (Covidien PLC)

Notification of Certain Matters. Parent During the period following the date hereof until the earlier of the Closing Date and the Company termination of this Agreement pursuant to its terms, each of Seller and Purchaser shall each give prompt notice to the other party if any upon receiving Knowledge of the following occur after the date of this Agreement: (a) receipt any notices, complaints, investigations or hearings (or communications indicating that the same may be contemplated) of any written notice Governmental Authorities with respect to the receiving party transactions contemplated hereby or by the Ancillary Agreements, (b) any written notices or other written communications from any third person Persons alleging that the consent or approval of such third person Person is or may be required in connection with respect to the Transactions; (b) receipt of any notice transactions contemplated hereby or other communication from any Governmental Authorityby the Ancillary Agreements, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if the institution of any material Action involving Seller or any of its Subsidiaries or Purchaser or any of its Subsidiaries that relates, in each case, to the Knowledge of the Company there has occurredtransactions contemplated by this Agreement, or if Parent obtains knowledge of the (d) any material event, development, or occurrence of, as applicable, an event which that would or would reasonably be reasonably likely expected to result in the give rise to a failure of any a condition precedent set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access IX or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) otherwise reasonably be expected to be material to prevent or materially delay the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates consummation of the foregoing information with respect transactions contemplated by this Agreement; provided, however, that without prejudice to any Purchaser’s rights under Article XI, no such Data Breach reported notification or failure to Parent. In no event make such notification shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties herein or the conditions to the obligations of the parties under this Agreement, hereunder or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such noticeconstitute, in and of itself, shall not give a breach giving rise to the failure of a condition to the Closing set forth in Article IX. For informational purposes only, upon Purchaser’s reasonable request, Seller shall use its commercially reasonable efforts to supplement or amend in writing the Seller Disclosure Letter with respect to any right matter, event, circumstance or condition which was required (or, if occurring before, or existing and known at, the date of this Agreement, would have been required) to terminate be set forth or described on Sections 4.04, 4.05, 4.08, 4.11, 4.17 and 4.20 of the Seller Disclosure Letter. For clarity, neither any such supplemental or amended disclosure, nor any failure by Seller to make any such supplement or amendment if Seller has used its commercially reasonable efforts to do so, will be taken into account for any purpose under Article VIIIIX (including for purposes of determining the existence or occurrence of a breach pursuant to Section 11.01(a) and determining the amount of Losses arising out of or resulting therefrom) or for purposes of determining whether or not the conditions set forth in Section 9.02 have been satisfied.

Appears in 3 contracts

Samples: Acquisition Agreement (SB/RH Holdings, LLC), Acquisition Agreement (Energizer Holdings, Inc.), Acquisition Agreement (Energizer Holdings, Inc.)

Notification of Certain Matters. Parent and the (a) The Company shall each give prompt notice to Parent, and Parent shall give prompt notice to the other party if Company, of (i) the occurrence, or non-occurrence, of any event the occurrence, or non-occurrence, of which reasonably could be expected to cause any representation or warranty contained in this Agreement to be untrue or inaccurate, provided that, solely in the case of the following occur after the date of this Agreement: (a) receipt of any written Company, such notice to the receiving party from any third person alleging that the consent or approval of such third person is or may shall be required in connection with the Transactions; (b) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) to be given only if to the Knowledge as a result of the Company there has occurred, or if Parent obtains knowledge of matters to be described in such notice the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII clause (e) of Annex A would not be satisfied and, solely in the case of Purchaser and Parent, such notice shall be required to be satisfied. Without limiting given only if the foregoing, unless prohibited under matters to be described in such notice would prevent or materially delay Purchaser or Parent from consummating any Privacy Obligations, and in each case subject to Section 6.02(a), of the Transactions; provided further that any such notice by the Company shall notify Parent in writing promptly, not be deemed to have qualified or modified the representations and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control warranties of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to contained in this Agreement for the Company Group, taken as a whole, or purposes of determining whether the conditions specified in Annex A have been satisfied and (ii) require any notification failure of the Company, Parent or Purchaser, as the case may be, to comply with or satisfy any covenant or agreement to be complied with or satisfied by it hereunder, provided that, solely in the case of the Company, such notice shall be required to be given to any Person under any Privacy Obligation, and provide Parent with only if as a result of the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated matters to be taken by described in such notice the Company to investigatecondition set forth in clause (f) of Annex A would not be satisfied and, remediatesolely in the case of Purchaser and Parent, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise notice shall be required to be provided) given only if the matters to be described in such notice would prevent or materially delay Purchaser or Parent from consummating any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject toof the Transactions, and (iii) the occurrence, or non-occurrence, of any event the occurrence, or non-occurrence, which would cause the condition set forth in accordance withclause (d) of Annex A to not be satisfied; provided, Section 6.02(a)however, the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) that the delivery of any notice by a party pursuant to this Section 6.12 7.08 shall not limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions remedies available hereunder to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any party receiving such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Genesis Microchip Inc /De), Agreement and Plan of Merger (Stmicroelectronics Nv), Agreement and Plan of Merger (Genesis Microchip Inc /De)

Notification of Certain Matters. Parent and the Company Target shall each give prompt notice to the other party if any Parent, and Parent shall give prompt notice to Target, of the following occur after the date of this Agreement: (a) receipt of any written notice to the receiving or other communication received by such party from any third person Governmental Authority in connection with the Merger and the other Transactions or from any Person alleging that the consent or approval of such third person Person is or may be required in connection with the Merger and the other Transactions; , if the subject matter of such communication or the failure of such party to obtain such consent could be material to Target, the Surviving Company or Parent, (b) receipt of any notice material actions, suits, claims, investigations or other communication from any Governmental Authorityproceedings commenced or, the Nasdaq (to such party’s Knowledge, threatened against, relating to or involving or otherwise affecting such party or any of its Subsidiaries which relate to the Merger and the other securities market) in connection with the Transactions; or , (c) if to the Knowledge of the Company there has occurredoccurrence, or if Parent obtains knowledge non-occurrence, of any event the occurrence of, as applicable, an event or non-occurrence of which would or would be reasonably likely to result cause (i) any representation or warranty of such party contained in the failure this Agreement to be untrue or inaccurate in any material respect, (ii) any covenant or agreement of such party contained in this Agreement not to be complied with or satisfied in any material respect, or (iii) any condition (to the extent set forth in Article VII VI) to the obligation of another party to effect the Merger and the satisfaction of which requires performance or nonperformance by such notifying party not to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject (d) any failure of such party to Section 6.02(a), the Company shall notify Parent in writing promptly, and comply with or satisfy in any event within seventy-two (72) hoursmaterial respect any covenant, upon becoming aware of any unauthorized access condition or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected agreement to be material to the Company Groupcomplied with or satisfied by it hereunder; provided, taken as a wholehowever, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) that the delivery of any notice by a party pursuant to this Section 6.12 5.9 shall not have any effect for the purpose of determining the satisfaction of conditions set forth in Article VI or otherwise limit or otherwise affect the respective rightsremedies available hereunder to any party. Subject to applicable Law regarding the sharing of information, obligationsTarget shall give prompt notice of and disclose to Parent any material actions taken by its Board of Directors, representationsor any committees thereof, warranties, covenants or agreements of the parties or the conditions provided that Target shall not be required to provide notice and disclosure (i) with respect to any action that is related to the obligations matters described in the first sentence of Section 5.4(c) (except to the parties under this Agreement, extent otherwise required by Section 5.4) or (Bii) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything prior to the contrary in execution of any joint defense agreement that is reasonably required by Target, material information subject to the attorney-client privilege, provided that Target shall provide Parent with a log of any information withheld pursuant to this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIclause (ii).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Geo Group Inc), Agreement and Plan of Merger (Cornell Companies Inc)

Notification of Certain Matters. Parent and the Company Each party shall each use its best efforts to give prompt written notice to the each other party if any of the following occur after the date of this Agreement: (a) receipt of any written notice to the receiving party or other communication from any third person Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; transactions contemplated hereby, (b) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) Entity in connection with the Transactions; or transactions contemplated hereby, (c) if to the Knowledge of the Company there has occurredoccurrence, or if Parent obtains knowledge failure to occur, of any event of which it becomes aware that has caused or could reasonably be expected to cause any representation or warranty of such party contained in this Agreement that is qualified as to materiality being or becoming as of any time between the occurrence ofdate of this Agreement and the Effective Time untrue or inaccurate at such time in any respect or any such representation or warranty that is not so qualified being or becoming as of any time between the date of this Agreement and the Effective Date untrue or inaccurate in any material respect, as applicable, an event which would or would be reasonably likely to result in (d) the failure of it to comply with or satisfy in any condition set forth in Article VII material respect any obligation to be satisfied. Without limiting complied with or satisfied by it under this Agreement or (e) the foregoingcommencement or threat of, unless prohibited under or any Privacy Obligationsmaterial development with respect to, and in each case subject any Company Litigation or any other action, suit, investigation, inquiry or proceeding which relates to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware consummation of the transactions contemplated hereby or the issuance of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of Order affecting the Company or any Company Subsidiary that would (i) reasonably be expected to be material of its Subsidiaries or any of their respective properties or assets, in either case which, if pending, threatened or issued, as the case may be, on or prior to the Company Groupdate of this Agreement, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise would have been required to be provided) have been disclosed pursuant to any Governmental Authority, impacted individual or other third party with respect to such Data BreachSection 3.1. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the The delivery of any notice by a party pursuant to this Section 6.12 5.9 is for informational purposes and shall not limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception remedies available hereunder to any representation party or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any parties receiving such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Select Medical Corp), Agreement and Plan of Merger (EGL Holding CO)

Notification of Certain Matters. The Company shall give prompt notice to Parent and the Company Purchaser, and Parent and Purchaser shall each give prompt notice to the other party if any Company, of the following occur after occurrence or non-occurrence of any event whose occurrence or non-occurrence, as the date case may be, would be likely to cause any representation or warranty contained in this Agreement to be untrue or inaccurate as if made as of any time prior to the Effective Time, such that the conditions set forth in Annex I or Article VII may not be satisfied; provided, however, that the delivery of any notice pursuant to this Section 6.1 shall not (a) limit or otherwise affect the remedies available hereunder to the party receiving such notice or the representations or warranties of the parties, or the conditions to the obligations of the parties hereto or (b) cure any breach of, or noncompliance with, any other provision of this Agreement: (a) receipt of any written . Furthermore, the Company shall give prompt notice to Parent and Purchaser, and Parent and Purchaser shall give prompt notice to the receiving Company, of (i) any notice or other communication received by such party from any third person Governmental Entity in connection with this Agreement, the Merger or the Transactions, or from any Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; (b) receipt of any notice Merger or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; , if the subject matter of such communication or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of such party to obtain such consent could be material to the Company, the Surviving Corporation or Parent or the consummation of the Transactions and (ii) any condition set forth in Article VII actions, suits, claims, investigations or proceedings commenced or, to be satisfiedsuch party’s knowledge, threatened against, relating to or involving or otherwise affecting such party which relate to this Agreement, the Merger or the Transactions. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify keep Parent in writing promptlyapprised of all developments (whether beneficial or adverse) with respect to regulatory matters, including on-going remediation and other efforts concerning the FDA or any other Governmental Entity, and any other inquiries, investigations or litigation set forth in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential informationthe Company Disclosure Letter, including Personally Identifiable Information, in the possession or control of the status thereof and any changes thereto. The Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and shall also provide Parent with copies of internal reports, financial data and interim results as prepared in the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope ordinary course by Company personnel for review by senior management contemporaneously with circulation of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated materials to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIsenior management.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Danaher Corp /De/), Agreement and Plan of Merger (Beckman Coulter Inc)

Notification of Certain Matters. Parent Parent, Holdco, Xxxxxxxx and the Company Purchaser shall each give prompt notice to the other party Company if any of the following occur after the date of this Agreement: (ai) any representation or warranty made by Parent, Holdco, Xxxxxxxx or Purchaser in this Agreement is untrue or inaccurate in any material respect at any time from the date hereof to the Effective Time; (ii) there has been a material failure of Parent, Holdco, Xxxxxxxx or Purchaser or any of their respective representatives to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it or them hereunder; (iii) receipt of any written notice to the receiving party or other communication in writing from any third person party alleging that the consent or approval Consent of such third person party is or may be required in connection with the Transactionstransactions contemplated by this Agreement or the Transaction Documents, provided that such Consent would have been required to have been disclosed in this Agreement; (biv) receipt of any material notice or other communication from any Governmental AuthorityAuthority (including, but not limited to, the Nasdaq (or any other securities marketNASD) in connection with the Transactionstransactions contemplated by this Agreement or the Transaction Documents; or (cv) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, of an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material have a Purchaser Material Adverse Effect; or (vi) the commencement or threat of any Litigation involving or affecting Parent, Xxxxxxxx or any of their respective subsidiaries, or any of their respective properties or assets, or, to its knowledge, any employee, agent, director or officer, in his or her capacity as such, of Parent, Xxxxxxxx or any of their respective subsidiaries which, if pending on the date hereof, would have been required to have been disclosed in this Agreement or which relates to the consummation of the Offer or the Merger. No such notice to the Company Group, taken as a whole, shall have any effect on the determination of whether or (ii) require not any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to Closing or to the obligations consummation of the parties under this AgreementOffer have been satisfied or in determining whether or not any of the representations, warranties or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary covenants contained in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIAgreement have been breached.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Whitehall Jewellers Inc), Agreement and Plan of Merger (Prentice Capital Management, LP)

Notification of Certain Matters. Parent and the The Company shall each give prompt notice to the Newco of (a) any notice of, or other party if communication relating to, a default or event which, with notice or lapse of time or both, would become a default, received by it or any of the following occur after its Subsidiaries subsequent to the date of this Agreement: (a) receipt of any written notice Agreement and prior to the receiving Effective Time, under any Contract material to the business, properties, assets, results of operations or financial condition of the Company and its Subsidiaries taken as a whole to which it or any of its Subsidiaries is a party or is subject, (b) any notice or other communication from any third person party alleging that the consent or approval of such third person party is or may be required in connection with the Transactionstransactions contemplated by this Agreement, (c) any events which have had or would be reasonably expected to have, individually or in the aggregate, a Company Material Adverse Effect or (d) the occurrence or existence of any event which would make, or would be reasonably expected to make, with the passage of time or otherwise, any representation or warranty of the Company contained herein untrue such that the closing condition set forth in Section 7.2(a) would not be satisfied; provided, however, that the delivery of notice pursuant to this Section 6.10 shall not be deemed to modify the representations and warranties of the Company hereunder. Newco shall give prompt notice to the Company of (ba) receipt of any notice or other communication from any Governmental Authority, third party alleging that the Nasdaq (consent of such third party is or any other securities market) may be required in connection with the Transactions; transactions contemplated by this Agreement, (b) the occurrence of any event or events which have had or would be reasonably expected to have, individually or in the aggregate, a Newco Material Adverse Effect or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an or existence of any event which would make, or would be reasonably likely expected to result in make, with the failure passage of time or otherwise, any representation or warranty contained herein untrue such that the closing condition set forth in Article VII to Section 7.3(a) would not be satisfied. Without limiting the foregoing; provided, unless prohibited under any Privacy Obligationshowever, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent 6.10 shall not be deemed to amend or supplement modify the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to representations and warranties of the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIINewco hereunder.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Metro-Goldwyn-Mayer Inc), Agreement and Plan of Merger (LOC Acquisition CO)

Notification of Certain Matters. Parent and the The Company shall each give prompt notice to Parent of any change or event (i) that has or would reasonably be expected to have a Material Adverse Effect; (ii) that would reasonably be expected to give rise to the other right of any third party if to terminate, materially modify or assert a right to a material contractual or legal remedy under any Material Contract; (iii) that it believes results or would reasonably be expected to result in a failure of any of the following occur after the date of this Agreement: conditions set forth in Section 6.2; (aiv) receipt of any written notice to the receiving party communication from any third Governmental Entity in connection with the transactions contemplated by this Agreement and any response thereto, or from any person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; (b) receipt Merger or the other transactions contemplated by this Agreement, if the subject matter of any notice such communication or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII such party to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that obtain such consent would (i) reasonably be expected to be material to the Company, the Surviving Corporation or Parent; (v) any legal action threatened or commenced against or otherwise affecting the Company Group, taken as or any of the Subsidiaries in connection with the transactions contemplated by this Agreement; or (vi) any correspondence from the SEC staff to the Company or responses of the Company thereto. Parent shall give prompt notice to the Company of any change or event (i) that has or would reasonably be expected to have a whole, material adverse effect on the ability of Parent or Buyer to perform its respective obligations under this Agreement or to consummate the Merger and the other transactions contemplated by this Agreement; (ii) require that it believes results or would reasonably be expected to result in a failure of the conditions set forth in Section 6.3; (iii) any notification to be given to communication from any Person under any Privacy Obligation, and provide Parent Government Entity in connection with the following information transactions contemplated by this Agreement and any response thereto, or from any person alleging that the consent of such person is or may be required in reasonable detail (connection with the Merger or the other transactions contemplated by this Agreement, if the subject matter of such communication or the failure of such party to the extent reasonably available obtain such consent could be material to the Company): , the Surviving Corporation or Parent; or (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (Civ) any notifications provided (legal action threatened or anticipated commenced against or otherwise required to be provided) to affecting Parent or Buyer in connection with the transactions contemplated by this Agreement and any Governmental Authority, impacted individual or other third party with respect to such Data Breachresponse thereto. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the The delivery of any notice by a party pursuant to this Section 6.12 5.3, however, shall not limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions remedies available hereunder to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any party receiving such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (NEON Communications Group, Inc.), Agreement and Plan of Merger (RCN Corp /De/)

Notification of Certain Matters. Parent and the Company Belden shall each give prompt notice to CDT, and CDT shall give prompt notice to Belden, of (a) the occurrence, or failure to occur, of any event, which occurrence or failure to occur would reasonably be likely to cause (i) any representation or warranty of such party contained in this Agreement that is qualified as to "materiality" or "Material Adverse Effect" to be untrue or inaccurate in any respect or (ii) any other representation or warranty of such party if contained in this Agreement to be untrue or inaccurate in any of the following occur material respect, in each case at any time from and after the date of this Agreement: (a) receipt of any written notice to Agreement until the receiving party from any third person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; Effective Time, (b) receipt any material failure of Belden and the Merger Sub or CDT, as the case may be, or of any notice officer, director, employee or other communication from agent thereof, to comply with or satisfy any Governmental Authoritycovenant, the Nasdaq (condition or any other securities market) in connection agreement to be complied with the Transactions; or satisfied by it under this Agreement, (c) if any event occurring on or after the date hereof that would have been required to be disclosed pursuant to Article III or IV had such event occurred prior to the Knowledge execution hereof, or (d) any change in circumstances regarding CDT or Belden, as the case may be, that comes to the attention of any person included in the definition of the Company there has occurredterm "Knowledge," that would require disclosure regarding controls and procedures in such party's periodic reports filed under the Exchange Act that is materially more negative than that included in such party's most recently filed periodic report. In addition, Belden shall give prompt notice to CDT and CDT shall give prompt notice to Belden of any change or event having, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would reasonably be likely to have, a Material Adverse Effect on such party or which would be reasonably likely to result in the failure of any condition of the conditions set forth in Article VII to be satisfied. Without limiting Each of the foregoing, unless prohibited under any Privacy Obligations, and in each case subject parties shall give prompt written notice to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware other party of any unauthorized access or use of material correction to any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company CDT SEC Documents or any Company Subsidiary that would (i) reasonably be expected to be material to the Company GroupBelden SEC Documents, taken as a wholethe case may be, or (ii) require any notification to be given to any Person under any Privacy Obligationfrom and after the date hereof. Notwithstanding the above, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 6.15 will not limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of remedies available hereunder to the parties party receiving such notice or the conditions to such party's obligation to consummate the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIMerger.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cable Design Technologies Corp), Agreement and Plan of Merger (Belden Inc)

Notification of Certain Matters. The Company shall give prompt notice to Parent and the Company Acquisition, and Parent and Acquisition shall each give prompt notice to the Company, of the status of matters relating to completion of the transactions contemplated hereby, including (i) the occurrence or nonoccurrence of any event the occurrence or nonoccurrence of which would be likely to cause any representation or warranty contained in this Agreement to be untrue or inaccurate in any material respect at or prior to the Effective Time, (ii) any material failure of the Company, Parent or Acquisition, as the case may be, to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it hereunder, (iii) any notice of, or other party if communication relating to, a default or event which, with notice or lapse of time or both, would become a default, received by it or any of the following occur after its subsidiaries subsequent to the date of this Agreement: (a) receipt of any written notice Agreement and prior to the receiving Effective Time, under any contract or agreement material to the financial condition, properties, businesses or results of operations of it and its subsidiaries taken as a whole to which it or any of its subsidiaries is a party or is subject, (iv) any notice or other communication from any third person party or Governmental Entity with respect to the Merger or the other transactions contemplated hereby or alleging that the consent or approval of such third person party or Governmental Entity is or may be required in connection with the Transactions; (b) receipt of any notice Merger or the other communication from any Governmental Authoritytransactions contemplated by this Agreement, the Nasdaq (or any other securities market) in connection with the Transactions; or (cv) if to the Knowledge any material adverse change in their respective financial condition, properties, businesses or results of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Groupoperations, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligationother than changes resulting from general economic conditions; PROVIDED, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impactedHOWEVER, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) that the delivery of any notice by a party pursuant to this Section 6.12 4.11 shall not cure such breach or non-compliance or limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions remedies available hereunder to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any party receiving such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (St Jude Medical Inc), Agreement and Plan of Merger (St Jude Medical Inc)

Notification of Certain Matters. Company shall give prompt notice to ------------------------------- Parent of (i) the occurrence or nonoccurrence of any event, the occurrence or nonoccurrence of which would be likely to cause (a) any representation or warranty of the Company that is not qualified by materiality contained in Article V of this Agreement to be untrue or inaccurate in any material respect at or prior to the consummation of the Offer or (b) any representation or warranty of the Company that is qualified by materiality contained in Article V of this Agreement to be untrue or inaccurate in any respect at or prior to the consummation of the Offer, and (ii) any failure of the Company to comply with or satisfy in any material respect any covenant, condition, or agreement to be complied with or satisfied by the Company hereunder. Company shall give prompt notice to Parent if there occurs any event which has resulted in or is reasonably likely to result in a Material Adverse Effect on the Company or, subject to the fiduciary duties of the board of directors of the Company, will prevent or result in a third party materially delaying the consummation of the Offer or the Merger. The Company shall provide to Parent copies of all filings made by the Company with any Governmental Entity in connection with this Agreement and the transactions contemplated hereby. Parent shall give prompt notice to Company of (i) the occurrence or nonoccurrence of any event the occurrence or nonoccurrence of which would be likely to cause (a) any representation or warranty of Parent or Newco that is not qualified by materiality contained in Article IV of this Agreement to be untrue or inaccurate in any material respect at or prior to the consummation of the Offer or (b) any representation or warranty of the Parent or Newco that is qualified by materiality contained in Article IV of this Agreement to be untrue or inaccurate in any respect at or prior to the consummation of the Offer and (ii) any failure of Parent to comply with or satisfy any covenant, condition, or agreement to be complied with or satisfied by Parent hereunder. Parent shall each give prompt notice to the other party Company if there occurs any of the following occur after the date of this Agreement: (a) receipt of any written notice to the receiving party from any third person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; (b) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would has resulted in or would be is reasonably likely to result in a Material Adverse Effect on Parent or will prevent or result in a third party materially delaying the failure consummation of any condition set forth in Article VII the Offer or the Merger. The Company shall provide to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), Parent copies of all filings made by the Company with any Governmental Entity in connection with this Agreement and the transactions contemplated hereby. Parent shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material provide to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide copies of all filings made by Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party Entity in connection with respect to such Data Breachthis Agreement and the transactions contemplated hereby. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the The delivery of any notice by a party pursuant to this Section 6.12 shall not be deemed to (i) modify the representations or warranties hereunder of the party delivering such notice, (ii) modify the conditions set forth in Articles VIII and IX, or (iii) limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions remedies available hereunder to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any party receiving such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 2 contracts

Samples: Shareholders Agreement (Shelter Components Corp), Agreement and Plan of Merger (Kevco Inc)

Notification of Certain Matters. The Company shall give prompt notice to Parent and the Company Purchaser and Parent and Purchaser shall each give prompt notice to the other party Company, of (i) the occurrence or non-occurrence of any event whose occurrence or non-occurrence, as the case may be, would be likely to cause any representation or warranty contained in this Agreement to be untrue or inaccurate as if made as of any time prior to the Effective Time, such that the conditions set forth in paragraph (iii) of Annex I would not be satisfied or that would give rise to a right of termination set forth in Section 8.1(b), as the case may be, and (ii) any failure of the following occur after Company, Purchaser or Parent, as the date of this Agreement: (a) receipt case may be, or any Representative thereof, to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it hereunder; provided, however, that the delivery of any written notice pursuant to this Section 6.1 shall not limit or otherwise affect the remedies available hereunder to the party receiving such notice or the representations or warranties of the parties, or the conditions to the obligations of the parties hereto. Furthermore, the Company shall give prompt notice to Parent and Purchaser, and Parent and Purchaser shall give prompt notice to the receiving Company, of (and in each case promptly furnish copies to the other party of) (i) any notice or other communication received by such party from any third person Governmental Entity in connection with this Agreement, the Offer, the Merger or the other Transactions, or from any Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; (b) receipt of any notice or other communication from any Governmental AuthorityOffer, the Nasdaq (Merger or any the other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Informationother than, in the possession case of copies, the portions of such notices or control of the Company or any Company Subsidiary communications that would (i) reasonably be expected to be material include confidential information not directly related to the Company GroupTransactions, taken as a whole, or and (ii) require any notification actions, suits, claims, investigations or proceedings commenced or, to be given such party’s knowledge, threatened against, relating to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated involving or otherwise required affecting such party which relate to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such noticeOffer, in and of itself, shall not give rise to any right to terminate under Article VIIIthe Merger or the other Transactions.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cougar Biotechnology, Inc.), Agreement and Plan of Merger (Johnson & Johnson)

Notification of Certain Matters. From and after the date hereof and until the earlier to occur of the Closing or the termination of this Agreement in accordance with Section 8.1, Parent and the Company shall each give prompt notice to the Company and the Company shall give prompt notice to Parent, as the case may be, of the occurrence, or failure to occur, of any event, which occurrence or failure to occur is reasonably likely to cause (a) (i) any representation or warranty of such Party contained in this Agreement that is qualified as to “materiality”, “Company Material Adverse Effect” or “Parent Material Adverse Effect” to be untrue or inaccurate in any respect or (ii) any other party if representation or warranty of such Party contained in this Agreement to be untrue or inaccurate in any material respect, in each case at any time from and after the date hereof until the Closing or (b) any material failure of Parent and Merger Sub or the Company, as the case may be, to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it under this Agreement. In addition, from and after the date hereof and until the earlier to occur of the Closing or the termination of this Agreement in accordance with Section 8.1, Parent shall give prompt notice to the Company and the Company shall give prompt notice to Parent, as the case may be, of (x) any change or event having, or which would be reasonably expected to have, a Company Material Adverse Effect or Parent Material Adverse Effect, as the case may be, or which would be reasonably expected to result in the failure of, or material delay of the satisfaction of, any of the following occur after the date of this Agreement: conditions set forth in Section 7.1, Section 7.2 or Section 7.3 or (ay) receipt of any written notice to the receiving party or other written communication from any third person Governmental Entity in connection with this Agreement, the Related Agreements, the Merger or the other transactions contemplated hereby or thereby, or from any Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; (b) receipt of any notice Merger or the other communication from any Governmental Authoritytransactions contemplated hereby. Notwithstanding the above, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 6.3 will not limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties Parties, the remedies available hereunder to the Party receiving such notice or the conditions to such Party’s obligation to consummate the obligations Merger. This Section 6.3 shall not constitute a covenant, agreement or obligation of the parties under this Agreement, Company for purposes of Section 8.1(d)(i) or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIISection 7.2(b).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Forestar Group Inc.), Agreement and Plan of Merger (Horton D R Inc /De/)

Notification of Certain Matters. Parent Between the date hereof and the earlier of the Closing and the termination of this Agreement, the Company and the Seller shall each give prompt written notice to Purchaser of (i) the other party if occurrence or non-occurrence of any fact, event, circumstance or condition that has resulted or would reasonably be expected to result in the nonfulfillment of any of the following occur after the date conditions to Purchaser’s obligations hereunder as set forth in Section 8.01 and Section 8.03, (ii) any material failure of this Agreement: such party to comply with or satisfy in a timely manner any covenant, condition or agreement to be complied with or satisfied by such party hereunder, (aiii) receipt of any written notice to the receiving party from any third person Person alleging that the consent or approval of such third person is or may be required in connection with any of the Transactions; transactions contemplated under this Agreement, (biv) receipt any Action initiated by or against any of the Company, its Subsidiaries or any of their officers, directors, employees or stockholders in their capacity as such (and thereafter, notify Purchaser of ongoing material developments in any such Action and consult in good faith with Purchaser regarding the conduct of the defense thereof (without such consultation unreasonably delaying the course of action of the Company)), and (v) any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) Authority in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfiedtransactions contemplated by this Agreement. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the The delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect 6.15 shall not be deemed to (A) modify the respective rights, obligations, representations, warranties, covenants or agreements hereunder of the parties Company, the Seller or the conditions to the obligations of the parties under this AgreementCompany Disclosure Letter, or (B) disclosure by the Company cure, waive or Parent be deemed to amend prevent any misrepresentation, inaccuracy, untruth or supplement the Company Disclosure Schedule breach of any representation, warranty, covenant or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary agreement set forth in this Agreement, the Agreement or failure to deliver satisfy any such notice, condition set forth in and of itself, shall not give rise to any right to terminate under Article VIIISection 8.03.

Appears in 2 contracts

Samples: Share Purchase Agreement (Outbrain Inc.), Registration Rights Agreement (Outbrain Inc.)

Notification of Certain Matters. The Company and Parent (on behalf of itself and the Company Merger Sub) shall promptly notify each give prompt notice to the other party if any of the following occur after the date of this Agreement: (a) receipt of any written notice to the receiving or other communication received by such party or its Representatives from any third person Governmental Entity in connection with the Merger or the other transactions contemplated hereby or from any Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; Merger or the other transactions contemplated hereby, if the subject matter of such communication could be material to the Company, the Surviving Corporation, Parent, Merger Sub or the prompt consummation of the transactions contemplated hereby, (b) receipt of any notice Action commenced or, to such party’s knowledge, threatened against, relating to or other communication from any Governmental Authority, the Nasdaq (involving or otherwise affecting such party or any of its Subsidiaries which relates to or is reasonably expected to affect the prompt consummation of the Merger or the other securities market) in connection with the Transactions; or transactions contemplated hereby, (c) if the discovery of any fact or circumstance that, or the occurrence or non-occurrence of any event the occurrence or non-occurrence of which, has caused or would cause or result in any of the conditions to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition Merger set forth in Article VII not being satisfied or satisfaction of those conditions being materially delayed, (d) the occurrence or non-occurrence of any event, change, circumstance, effect or state of facts, individually or in the aggregate, that has caused or is reasonably likely to cause any representation or warranty contained in this Agreement of such party to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and untrue or inaccurate in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a wholerespect, or (iie) require any notification material failure of the Company, Merger Sub or Parent, as the case may be, or any officer, director, employee, agent or Representative of the Company, Merger Sub or Parent, as applicable, to comply with any covenant, or agreement to be given to any Person complied with under any Privacy Obligationthis Agreement; provided, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impactedhowever, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) that the delivery of any notice by a party pursuant to this Section 6.12 6.10 shall not (i) cure any breach of, or non-compliance with, any other provision of this Agreement or (ii) limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions remedies available to the obligations party receiving such notice; provided further, that failure to give prompt notice pursuant to this Section 6.10 shall not constitute a failure of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything a condition to the contrary Merger set forth in this AgreementArticle VII except to the extent that the underlying fact or circumstance not so notified would, the failure to deliver any standing alone, constitute such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIa failure.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Stec, Inc.), Agreement and Plan of Merger (Stec, Inc.)

Notification of Certain Matters. Parent and From the date hereof to the Acceptance Date, the Company shall give prompt notice to Parent, and each of Parent and Merger Sub shall give prompt notice to the Company, of (i) any notice or other party if any of the following occur after the date of this Agreement: (a) receipt of any written notice to the receiving communication received by such party from any third person Governmental Authority in connection with the Offer, the Merger or the transactions contemplated thereby or from any Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; (b) receipt of any notice or other communication from any Governmental AuthorityOffer, the Nasdaq Merger or the other transactions contemplated thereby if the subject matter of such communication or the failure of such party to obtain such consent purports to materially affect the consummation of the transactions contemplated thereby, (ii) any actions, suits, claims, investigations or proceedings commenced or, to such party’s knowledge, threatened against, relating to or involving or otherwise affecting such party or any other securities market) in connection with the Transactions; or (c) if of its Subsidiaries which relate to the Knowledge of Offer, the Company there has occurredMerger or the other transactions contemplated thereby, or if Parent obtains (iii) to the knowledge of the occurrence ofCompany, as applicablethe occurrence, an or failure to occur, of any event which would occurrence or failure would be reasonably likely to result cause any representation or warranty contained in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, this Agreement and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be providedmade by the notifying party to be untrue or inaccurate such that the condition in paragraph (b)(ii) to any Governmental Authority, impacted individual of Annex I would not be satisfied or other third party with respect to such Data Breach. Subject to, and in accordance with, the Company would have a termination right under Section 6.02(a8.01(d)(ii), as the case may be and (iv) any failure to comply with or satisfy a covenant, condition or agreement to be complied with or satisfied by it hereunder, such that the condition in paragraph (b)(ii) of Annex I would not be satisfied or the Company shall provide Parent with reasonable periodic updates of would have a termination right under Section 8.01(d)(ii), as the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIcase may be.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Iron Acquisition Corp), Agreement and Plan of Merger (Engelhard Corp)

Notification of Certain Matters. Parent and the The Company shall each give prompt notice to Parent of: (i) the other party if occurrence or nonoccurrence of any event which would be likely to cause the failure of either of the following occur after conditions set forth in Section 7.2(a) or Section 7.2(b) to be met as of any time during the date of this Agreement: Interim Period; (aii) the Company’s or any Company Subsidiary’s receipt of any written notice to the receiving party or other communication from any third person party alleging that the consent or approval of such third person party is or may be required in connection with the Transactionstransactions contemplated by this Agreement, including the Merger (unless such consent has been previously identified on Schedule 3.3 of the Company Disclosure Schedule); or (iii) the existence of any facts or circumstances that would reasonably be expected to result in a Company Material Adverse Effect. Parent shall give prompt notice to the Company of: (x) the occurrence or nonoccurrence of any event which would be likely to cause the failure of either of the conditions set forth in Section 7.1(a) or Section 7.1(b) to be met as of any time during the Interim Period; (by) Parent’s or any Parent Subsidiary’s receipt of any notice or other communication from any Governmental Authority, third party alleging that the Nasdaq (consent of such third party is or any other securities market) may be required in connection with the Transactionstransactions contemplated by this Agreement, including the Merger (unless such consent has been previously identified on Schedule 4.3 of the Parent Disclosure Schedule); or (cz) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure existence of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access facts or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary circumstances that would (i) reasonably be expected to be material to the Company Group, taken as result in a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data BreachMaterial Adverse Effect. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the The delivery of any notice by a party pursuant to this Section 6.12 5.11 shall not limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions remedies available hereunder to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent party receiving such notice nor be deemed to amend or supplement have amended any of the disclosures set forth in the Company Disclosure Schedule or constitute an exception Parent Disclosure Schedule, as applicable, to have qualified the representations and warranties contained herein or to have cured any misrepresentation or breach of a representation or warranty that otherwise might have existed hereunder by reason of such material development. No disclosure after the date of this Agreement of the untruth of any representation or warranty. Notwithstanding anything to the contrary and warranty made in this Agreement, Agreement will operate as a cure of any breach of the failure to deliver disclose the information, or of any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIuntrue representation or warranty made herein.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Synageva Biopharma Corp.), Agreement and Plan of Merger (Trimeris Inc)

Notification of Certain Matters. Parent and the Company Ralcorp shall each give prompt notice to the other party Agribrands if any of the following occur occurs after the date of this Agreement: (ai) any notice of, or other communication relating to, a material default or Event which, with notice or lapse of time or both, would become a material default under any Ralcorp Material Contract; (ii) receipt of any written notice to the receiving party or other communication in writing from any third person party alleging that the consent or approval Consent of such third person party is or may be required in connection with the Transactionstransactions contemplated by this Agreement, other than a Consent disclosed pursuant to Section 5.5 or 5.6 above or not required to be disclosed pursuant to the terms thereof; (biii) receipt of any material notice or other communication from any Governmental AuthorityAuthority (including, but not limited to, the Nasdaq (NYSE or any other securities marketexchange) in connection with the Transactionstransactions contemplated by this Agreement; or (civ) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, of an event Event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material have a Ralcorp Material Adverse Effect; (v) the commencement or threat of any Litigation involving or affecting Ralcorp or any Ralcorp Subsidiary, or any of their respective properties or assets, or, to the Company Groupits knowledge, taken any employee, agent, director or officer of Ralcorp or any Ralcorp Subsidiary, in his or her capacity as such or as a wholefiduciary under a Benefit Plan of Ralcorp, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impactedwhich, if applicable)pending on the date hereof, (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise would have been required to be provided) to any Governmental Authority, impacted individual have been disclosed in or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit Agreement or otherwise affect which relates to the respective rights, obligations, representations, warranties, covenants or agreements consummation of the parties Ralcorp Merger, or any material development in connection with any Litigation disclosed by Ralcorp in or pursuant to this Agreement or the conditions Ralcorp Securities Filings; and (vi) the occurrence of any Event that would reasonably be expected to the obligations cause a breach by Ralcorp of the parties under any provision of this Agreement, or and (Bvii) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to occurrence of any representation or warranty. Notwithstanding anything Event that, had it occurred prior to the contrary in date of this Agreement without any additional disclosure hereunder, would have constituted a breach by Ralcorp of any provision of this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 2 contracts

Samples: Execution Copy (Ralcorp Holdings Inc /Mo), Agreement and Plan of Reorganization (Agribrands International Inc)

Notification of Certain Matters. Parent and the Company Each party shall each give prompt written notice to the each other party if any of the following occur after the date of this Agreement: (a) receipt of any written notice to the receiving party or other communication from any third person Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; transactions contemplated hereby, (b) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) Entity in connection with the Transactions; or transactions contemplated hereby, (c) if to the Knowledge of the Company there has occurredoccurrence, or if Parent obtains knowledge failure to occur, of the occurrence of, as applicable, an any event of which would it becomes aware that has caused or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to cause any representation or warranty of such party contained in this Agreement to be untrue or inaccurate in any material respect at any time from the date hereof to the Closing Date, (d) the commencement or threat of any Company GroupLitigation or any other action, taken suit, investigation or proceeding which relates to the consummation of the transactions contemplated hereby or the issuance of any Order affecting the Company and/or any of its Subsidiaries or any of their respective properties or assets, in either case which, if pending or issued, as a wholethe case may be, on or (ii) require prior to the date of this Agreement, would have been required to have been disclosed pursuant to Section 3.1 the failure of such party to comply with or satisfy in any notification material respect any covenant, condition or agreement to be given to any Person under any Privacy Obligation, and provide Parent complied with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken satisfied by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breachit hereunder. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the The delivery of any notice by a party pursuant to this Section 6.12 5.9 is for informational purposes and shall not limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception remedies available hereunder to any representation party or warrantyparties receiving such notice. Notwithstanding anything to the contrary Except as otherwise provided in this Agreement, the failure to deliver any such notice, in and the delivery of itself, any such notice shall not give rise be deemed an admission or an acknowledgment that (a) the subject matter of such notice is material or would result in a Company Material Adverse Effect or Parent Material Adverse Effect, or is outside of the ordinary course of business or inconsistent with past practices or (b) there has occurred an actual or an anticipatory breach of, or failure to comply with or satisfy, any right to terminate under Article VIIIrepresentation, warranty, covenant, condition or agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Ameripath Inc), Agreement and Plan of Merger (Diagnostic Pathology Management Services Inc)

Notification of Certain Matters. Parent and the The Company shall each give prompt notice to Parent, and Parent shall give prompt notice to the other party if Company, after it becomes aware of (a) the occurrence, or non-occurrence of any event whose occurrence, or non-occurrence would be likely to cause (i) any representation or warranty contained in this Agreement to be untrue or inaccurate in any material respect at any time from the date hereof to the Effective Time, (ii) any condition set forth in Annex I or II to be unsatisfied at any time from the date hereof to the Purchase Date, or (iii) any covenant, condition or agreement contained in this Agreement not to be complied with or satisfied; and (b) any failure by the Company to comply in all material respects with any of its covenants or agreements hereunder; provided, however, that the following occur after delivery of any notice pursuant to this Section 6.05 shall not limit or otherwise affect (1) the date right of Parent to terminate this Agreement pursuant to Section 8.01, or (2) any other remedies available to Parent under Article VIII of this Agreement: (a) receipt of any written . The Company shall give prompt notice to Parent, and Parent shall give prompt notice to the receiving Company, of (i) any notice or other communication received by such party from any third person Governmental Authority in connection with the transactions contemplated by this Agreement or from any Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; (b) receipt transactions contemplated hereunder, if the subject matter of any notice such communication or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII such party to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) obtain such consent could reasonably be expected to be material to the Company GroupCompany, taken as a whole, the Surviving Corporation or Parent and (ii) require any notification actions, suits, claims, investigations or proceedings commenced or, to be given such party’s knowledge, threatened against, relating to or involving or otherwise affecting such party or any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (of its Subsidiaries which relate to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken transactions contemplated by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Diamond Resorts, LLC), Agreement and Plan of Merger (Sunterra Corp)

Notification of Certain Matters. Parent Between the date hereof and the Company shall Closing, each Party to this Agreement will give prompt notice in writing to the other party if Party hereto of: (i) any information that indicates that any representation and warranty of such Party contained herein was not true and correct as of the following occur after date made, or will not be true and correct as of the date of this Agreement: Closing; (aii) receipt the occurrence of any written event which could result in the failure to satisfy a condition specified in Article 6 or Article 7 hereof, as applicable; (iii) any notice to the receiving party or other communication from any third person Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactionstransactions contemplated by this Agreement; and (iv) in the case of the Stockholders and the Company, any notice of, or other communication relating to, any default or event which, with notice or lapse of time or both, would become a default under any Company Agreement set forth on SCHEDULE 2.15. The Company and the Stockholders will: (a) promptly advise SAG of any event that has, or could reasonably be expected in the future to have, a Material Adverse Effect on the Company; (b) receipt confer on a regular and frequent basis with one or more designated representatives of SAG to report operational matters and to report the general status of ongoing operations; and (c) notify SAG of any emergency or other change in the normal course of business or relating to the Owned Real Property or the Leased Real Property or Improvements of the Company and the Stockholder Real Property and of any complaints, investigations or hearings (or communications indicating that the same may be contemplated) of any Governmental Authority or adjudicatory proceedings involving the Company, the Owned Real Property, the Leased Real Property or the Improvements or the Stockholder Real Property and will keep SAG fully informed of such events and permit SAG's representatives access to all materials prepared in connection therewith. Each Stockholder shall give prompt notice to SAG of any notice or other communication from any Governmental Authoritythird Person asserting any right, the Nasdaq (title or interest in any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurredTarget Shares held by such Stockholder, including, without limitation, any threat to commerce, or if Parent obtains knowledge notice of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure commencement of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual action or other third party proceeding with respect to the Target Shares, or the occurrence of any other event of which such Data Breach. Subject to, and Stockholder has Knowledge which could result in accordance with, Section 6.02(a), any failure to consummate the Company shall provide Parent with reasonable periodic updates sale of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIITarget Shares as contemplated hereby.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Sunbelt Automotive Group Inc), Agreement and Plan of Merger (Sunbelt Automotive Group Inc)

Notification of Certain Matters. Parent Between the date hereof and the Company shall Closing, each party to this Agreement will give prompt notice in writing to the other party if hereto of: (i) any information that indicates that any representation and warranty of such party contained herein was not true and correct as of the following occur after date made or will not be true and correct as of the date of this Agreement: Closing, (aii) receipt the occurrence of any written event which could result in the failure to satisfy a condition specified in ARTICLE 6 or ARTICLE 7 hereof, as applicable, (iii) any notice to the receiving party or other communication from any third person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; transactions contemplated by this Agreement, and (biv) receipt in the case of the Stockholder and the Company, any notice of, or other communication relating to, any default or event which, with notice or lapse of time or both, would become a default under any Company Agreement set forth on SCHEDULE 2.15. The Company and the Stockholder will (x) promptly advise UAG of any event that has, or could reasonably be expected in the future to have, a Material Adverse Effect on the Company, (y) confer on a regular and frequent basis with one or more designated representatives of UAG to report operational matters and to report the general status of ongoing operations, and (z) notify UAG of any emergency or other change in the normal course of business or relating to the Real Property or Improvements of the Company and of any governmental complaints, investigations or hearings (or communications indicating that the same may be contemplated) or adjudicatory proceedings involving the Company, the Real Property or the Improvements and will keep UAG fully informed of such events and permit UAG's representatives access to all materials prepared in connection therewith. The Stockholder shall give prompt notice to UAG of any notice or other communication from any Governmental Authoritythird person asserting any right, the Nasdaq (title or interest in any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurredShares held by the Stockholder (including, without limitation, any threat to commence, or if Parent obtains knowledge notice of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure commencement of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual action or other third party proceeding with respect to the Shares) or the occurrence of any other event of which such Data Breach. Subject to, and Stockholder has knowledge which could result in accordance with, Section 6.02(a), any failure to consummate the Company shall provide Parent with reasonable periodic updates sale of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIShares as contemplated hereby.

Appears in 2 contracts

Samples: Stock Purchase Agreement (United Auto Group Inc), Stock Purchase Agreement (United Auto Group Inc)

Notification of Certain Matters. Parent and the The Company shall each give prompt notice to Buyer, and Buyer shall give prompt notice to the other party if any of the following occur after the date of this Agreement: Company, (a) of any event or matter that has caused any of its representations, warranties, covenants or agreements in this Agreement or in any Ancillary Agreement to be inaccurate in any material respect (provided, that the failure to provide such notice shall not in and of itself result in the failure of a closing condition, it being understood and agreed that the underlying inaccuracy may result in the failure of a closing condition), (b) of receipt of any written notice to or other communication received by such party (or, in the receiving party case of the Company, by the Depositor, any Securitization Trust or any Other Securitization Trust) from any third Governmental Authority, any party to a Securitization Basic Document or an Other Securitization Basic Document, any holder of, or holder of a beneficial interest in, any note issued under a Securitization Indenture or an Other Securitization Indenture, any issuer of a Student Loan Insurance Policy or any Rating Agency in connection with this Agreement, the Related Transaction Agreements or the Transactions, or from any person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; (b) receipt of any notice herewith or other communication from any Governmental Authoritytherewith, the Nasdaq (or any other securities market) in connection with the Transactions; or and (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure upon becoming aware of any condition set forth in Article VII Proceedings commenced or, to be satisfiedsuch party’s knowledge, threatened against or involving such party or any of its Subsidiaries which relate thereto. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hoursgive prompt notice to Buyer, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected any default or breach or failure to be material perform any obligation by any party to the Company Group, taken as a whole, Securitization Basic Document or Other Securitization Basic Document or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken receipt by it or anticipated to be taken by the Company to investigateDepositor, remediate, mitigate and contain such Data Breach and (C) any notifications provided (Securitization Trust or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery Other Securitization Trust of any written notice by a party pursuant to this Section 6.12 limit or otherwise affect communication from any person asserting the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIsame.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Discover Financial Services), Agreement and Plan of Merger (Student Loan Corp)

Notification of Certain Matters. Parent and the (a) The Company shall each give prompt notice to the other party if Parent of (i) any Change which occurs or exists that causes or is reasonably likely to cause the failure of the following occur after the date of this Agreement: conditions set forth in Section 7.2(a), 7.2(b), 7.2(d) or 7.2(e), (aii) receipt of any written notice to the receiving party or other communication from any third person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; Merger or any of the other transactions contemplated by this Agreement, (biii) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) Entity in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope Merger or any of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), other transactions contemplated by this Agreement or (B) a summary the transactions contemplated by the CAD Sale Agreement, (iv) any Legal Actions commenced or, to the best of efforts taken its knowledge, threatened against, relating to or anticipated involving or otherwise affecting the Company or its Subsidiary which, if pending on the date of this Agreement, would have been required to be taken have been disclosed pursuant to this Agreement or which relate to the transactions contemplated hereby, (v) any notice or other communication received by the Company or its Subsidiary from an insurer under any Insurance Policy that such insurer intends to investigatecancel or generally disclaim liability under any such policy or not renew any such policy, remediate(vi) any notice or other communication from any customer set forth in Section 3.20(a) of the Company Disclosure Schedule that such customer will stop, mitigate and contain or decrease the rate of, buying products from the Company or its Subsidiary, (vii) any notice or other communication from any supplier set forth in Section 3.20(b) of the Company Disclosure Schedule that such Data Breach supplier will stop, or decrease the rate of, supplying materials, products or services to the Company or its Subsidiary, (viii) any written notices or claims received by, or Legal Actions commenced or, to the best of its knowledge, threatened in writing against, the Company or its Subsidiary, in each case (a) from or by Clarion relating to or involving or otherwise affecting the Company or its Subsidiary or Clarion relating to the transactions contemplated by the CAD Sale Agreement or (b) from or by any third party relating to or involving the retained liabilities under the CAD Sale Agreement, and (Cix) any notifications provided (audit commenced, or anticipated to the knowledge of the Company, threatened in writing, against or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject tothe Company, and its Subsidiary or any CAD Subsidiary in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates respect of any Tax or Tax asset of the foregoing information with respect Company, its Subsidiary or any CAD Subsidiary; provided, however, that (x) no such notification shall be deemed to cure any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit breach or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties Company or the conditions to the obligations of the parties under this Agreement, or hereunder and (By) no disclosure by the Company or Parent shall be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Essilor International /Fi), Agreement and Plan of Merger (Costa Inc)

Notification of Certain Matters. Parent and the (a) The Company shall each give prompt promptly notify Parent of (i) any written notice to the or other party if communication received by any of the following occur after the date of this Agreement: (a) receipt of any written notice to the receiving party Company or its Subsidiaries from any third person Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions, if the failure to obtain such consent would reasonably be expected to materially impede or delay the consummation of the Transactions or have a Company Material Adverse Effect; (bii) receipt any Proceeding commenced or, to the Company’s Knowledge, threatened that may materially impede or delay the consummation of the Transactions, or that make allegations that, if true, would, individually or in the aggregate, reasonably be expected to result in a Company Material Adverse Effect; (iii) any inaccuracy of any notice representation or other communication from warranty of the Company contained herein at any Governmental Authoritytime during the term hereof if such inaccuracy would reasonably be expected to cause any of the conditions set forth in clauses 2(a), the Nasdaq (or any other securities market) in connection with the Transactions; or b), (c) if and (d) of ANNEX I to fail to be satisfied at the Knowledge Initial Expiration Time or the Expiration Time; and (iv) any failure of the Company there has occurred, to comply with or satisfy any covenant or agreement to be complied with or satisfied by it hereunder if Parent obtains knowledge of such failure would reasonably be expected to cause the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII clause 2(e) of ANNEX I to fail to be satisfiedsatisfied at the Initial Expiration Time or the Expiration Time. Without limiting For the foregoingavoidance of doubt, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit 8.08(a) shall not affect or otherwise affect the respective rights, obligations, representations, warranties, covenants be deemed to modify any representation or agreements warranty of the parties Company set forth in this Agreement or the conditions to the obligations of Parent and Acquisition Sub to consummate the parties under this Agreement, Offer or (B) disclosure by the Company or remedies available to Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIAcquisition Sub hereunder.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Athlon Energy Inc.), Agreement and Plan of Merger (Encana Corp)

Notification of Certain Matters. If Parent (or its Affiliates) or the Company receives an administrative or other order or notification relating to any violation or claimed violation of the rules and regulations of the FCC, or of any Governmental Entity, that could affect Parent's, Sub's or the Company's ability to consummate the transactions contemplated hereby, or should Parent (or its Affiliates) or the Company become aware of any fact (including any change in law or regulations (or any interpretation thereof by the FCC)) relating to the qualifications of Parent (and its controlling Persons) that reasonably could be expected to cause the FCC to withhold its consent to the transfer of control of the FCC Licenses contemplated hereunder, Parent or the Company, as the case may be, shall promptly notify the other party thereof and the Company shall each use all reasonable efforts to take such steps as may be necessary, to remove any such impediment of the Company to consummate the transactions contemplated by this Agreement. In addition, Parent or the Company, as the case may be, shall give prompt notice to the other party if prompt written notice of (i) the occurrence, or failure to occur, of any event of which it becomes aware that has caused or that would be likely to cause any representation or warranty of Parent and Sub or the following occur after Company, as the case may be, contained in this Agreement to be untrue or inaccurate at any time from the date of this Agreement: (a) receipt of any written notice hereof to the receiving party from any third person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; Closing Date, and (bii) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of Parent and Sub or the Company, as the case may be, or any officer, director, employee or agent thereof, to comply with or satisfy in any material respect any covenant, condition set forth in Article VII or agreement to be satisfiedcomplied with or satisfied by it hereunder. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company No such notification shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants representations or agreements warranties of the parties or the conditions to the their respective obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIhereunder.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Capstar Broadcasting Corp), Agreement and Plan of Merger (Triathlon Broadcasting Co)

Notification of Certain Matters. Parent and Each of the Company or Purchaser shall each give prompt notice to the other party if any of the following occur occurs after the date of this Agreement: Agreement (aprovided Purchaser need not give notice with respect to the events described in clauses (i) or (v)): (i) any written notice, or other written communication that the Company or any Company Subsidiary receives, of which the Company obtains Knowledge, relating to a material default or Event which, with notice or lapse of time or both, would be reasonably likely to become a material default under any Significant Contract; (ii) any receipt by it or any of its Subsidiaries of any written notice to the receiving party or other written communication from any third person Person of which the Company or Purchaser, as applicable, obtains Knowledge alleging that the consent or approval Consent of such third person Person is or may be required in connection with the TransactionsMerger and the other transactions contemplated by this Agreement if such Consent is not disclosed in the Company Disclosure Schedule; (biii) receipt by it or any of its Subsidiaries of any material notice or other communication from any Governmental Authority, Authority (including the Nasdaq (AMEX or any other securities marketexchange) in connection with the Transactions; or (c) if to Merger and the Knowledge other transactions contemplated by this Agreement of which the Company there has occurred, or if Parent obtains knowledge of the occurrence ofPurchaser, as applicable, an event which would obtains Knowledge; (iv) the occurrence of any Event or Events which, individually or in the aggregate, would be reasonably likely to result have a Company Material Adverse Effect (in the failure case of the Company) or a Purchaser Material Adverse Effect (in the case of Purchaser); (v) the commencement or written threat of any condition set forth in Article VII to be satisfied. Without limiting Litigation involving or affecting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a)Company, the Company shall notify Parent in writing promptlySubsidiaries or any of their respective properties or assets, and in or any event within seventy-two (72) hoursemployee, upon becoming aware agent, director or officer of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Informationthe Company, in the possession his or control of the Company her capacity as such or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a wholefiduciary under a Benefit Plan, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impactedwhich, if applicable)pending on the date hereof, (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise would have been required to be provided) to any Governmental Authority, impacted individual have been disclosed in or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure any material adverse development in connection with any Litigation disclosed by the Company in or Parent be deemed pursuant to amend this Agreement or supplement the Securities Filings; (vi) the commencement or written threat against it or any of its Subsidiaries of any Litigation relating to the Merger; (vii) the occurrence of any Event that causes or is reasonably likely to cause a material breach by it of any provision of this Agreement; (viii) the receipt by it or any of its Subsidiaries of an administrative or other order or notification of which the Company Disclosure Schedule or constitute an exception Purchaser, as applicable, obtains Knowledge relating to any representation violation or warranty. Notwithstanding anything claimed violation by it or its Subsidiaries of the rules and regulations of any Governmental Authority that could adversely affect its ability to consummate the contrary in Merger and the other transactions contemplated by this Agreement, ; or (ix) if it obtains Knowledge of any change in Law that is reasonably likely to cause a Governmental Authority to withhold a Company Regulatory Consent (in the failure to deliver any such notice, case of the Company) or a Purchaser Regulatory Consent (in and the case of itself, shall not give rise to any right to terminate under Article VIIIPurchaser).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Arv Assisted Living Inc), Agreement and Plan of Merger (Lazard Freres Real Estate Investors LLC)

Notification of Certain Matters. Parent Each of Gart and the Company shall each give prompt notice to the other of: (a) any notice of, or other communication relating to, a default or event that, with notice or lapse of time or both, would become a default, received by it or any of its Subsidiaries subsequent to the date hereof and prior to the Effective Time, under any Contract material to the financial condition, properties, business or results of operations of such party taken as a whole to which such party, or any Subsidiary of such party, is a party or is subject; and (b) any material adverse change in the condition (financial or other), properties, assets, business, results of operations or prospects of it and its Subsidiaries taken as a whole, or the occurrence of any event that, so far as reasonably can be foreseen at the time of its occurrence, is reasonably likely to result in any such change. Each of Gart and the Company shall give prompt notice to the other party if any of the following occur after the date of this Agreement: (a) receipt of any written notice to the receiving party or other communication from any third person party alleging that the consent or approval of such third person party is or may be required in connection with the Transactions; (b) receipt of transactions contemplated hereby. In the event that, at any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if time prior to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a)Closing, the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming becomes aware of any unauthorized access matter that, if existing or use known as of any sensitive the date hereof, would have been required to be set forth or confidential information, including Personally Identifiable Information, described in the possession Company Disclosure Schedule or control would otherwise have rendered any representation or warranty of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a)its Subsidiaries set forth herein false, the Company shall promptly provide Parent with reasonable periodic updates written notice of such matters to Gart. In the event that, at any time prior to the Closing, Gart becomes aware of any matter that, if existing or known as of the foregoing information with respect date hereof, would have been required to be set forth or described in the Gart Disclosure Schedule or would otherwise have rendered any representation or warranty of Gart or any of its Subsidiaries set forth herein false, Gart shall promptly provide written notice of such Data Breach reported matters to Parentthe Company. In However, no event shall (A) the delivery of any such notice by a party pursuant to provided under this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent 7.16 shall be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to cure any breach of any representation or warranty. Notwithstanding anything to warranty made herein, whether for purposes of determining whether or not the contrary conditions set forth in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIII8 have been satisfied or otherwise.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Oshmans Sporting Goods Inc), Agreement and Plan of Merger (Gart Sports Co)

Notification of Certain Matters. Parent Each of the Company and the Company Seller shall each give prompt notice to the other party others (and, if in writing, furnish copies of) if any of the following occur after occurs during the date of this AgreementPre-Closing Period: (a) receipt there has been a material failure on the part of any written the party providing the notice to the receiving party from comply with or satisfy any third person alleging that the consent covenant, condition or approval of such third person is agreement to be complied with or may be required in connection with the Transactionssatisfied by it hereunder; (b) receipt of any notice or other communication in writing from any Governmental Authority, third Person alleging that the Nasdaq (consent of such third Person is or any other securities market) may be required in connection with the Transactionstransactions contemplated by this Agreement; or (c) if receipt of any notice or other communication from any Governmental Authority in connection with the transactions contemplated by this Agreement; (d) the discovery of any fact or circumstance that, or the occurrence or non-occurrence of any event the occurrence or non-occurrence of which, would reasonably be expected to cause or result in any of the conditions to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition Exchange set forth in Article VII not being satisfied or the satisfaction of any of those conditions being materially delayed; or (e) the commencement or threat, in writing, of any Action against any party hereto or any of its Affiliates, or any of their respective properties or assets, or, to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), knowledge of the Company shall notify Parent in writing promptlyand the Seller, and in as applicable, any event within seventy-two (72) hoursofficer, upon becoming aware of any unauthorized access director or use of any sensitive or confidential information, including Personally Identifiable Informationpartner, in the possession his or control her capacity as such of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company GroupSeller, taken as a wholeapplicable, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party their Affiliates with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates consummation of the foregoing information with respect Exchange. No such notice to any party hereto shall constitute an acknowledgement or admission by such Data Breach reported party providing notice regarding whether or not any of the conditions to ParentClosing or to the consummation of the Exchange have been satisfied or in determining whether or not any of the representations, warranties or covenants contained in this Agreement have been breached. In Moreover, no event shall (A) the delivery of information or knowledge obtained by any notice by a party hereto pursuant to this Section 6.12 limit 6.3 will affect or otherwise affect the respective rights, obligations, representations, warranties, covenants be deemed to modify any representation or agreements of the parties warranty contained herein or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by hereto to consummate the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIExchange.

Appears in 2 contracts

Samples: Share Exchange Agreement (HWGC Holdings LTD), Share Exchange Agreement (HWGC Holdings LTD)

Notification of Certain Matters. Parent and Subject to applicable Law, (a) the Company shall each give prompt notice to Acquiror, and Acquiror shall give prompt notice to the other party if any Company, of the following occur after occurrence or non-occurrence of any event or circumstance whose occurrence or non-occurrence would be reasonably likely to cause either (i) any representation or warranty contained in this Agreement to be untrue or inaccurate in any material respect at any time from the date of this Agreement to the Effective Time or (ii) any condition to the Merger to be unsatisfied at the Effective Time and (b) the Company shall give prompt notice to Acquiror, and Acquiror shall give prompt notice to the Company, of any failure of the Company, Acquiror, Acquisition Sub or any officer, director, employee, agent or representative of the Company, Acquiror or Acquisition Sub, as applicable, to comply with or satisfy any covenant or agreement to be complied with or satisfied by it under this Agreement: , which failure would be reasonably likely to cause any condition to the Merger to be unsatisfied at the Effective Time and (ac) receipt the Company shall give prompt notice to Acquiror, and Acquiror shall give prompt notice to the Company, of any substantive communication from any Governmental Entity regarding any material Action commenced or, to the Knowledge of the Company or Acquiror, as applicable, threatened, with respect to the Transactions against Acquiror, the Company or any of their respective Subsidiaries, properties or assets, officers, directors or employees, and each of Acquiror and the Company shall permit the other party to review and discuss in advance, and consider in good faith the views of the other party in connection with, and a reasonable opportunity to participate in any proposed communication with any Governmental Entity with respect to such an Action; provided, however, that the delivery of any notice pursuant to this Section 6.4 shall not limit or otherwise affect the remedies available under this Agreement to the party receiving such notice. The Company and Acquiror shall each promptly notify the other of any written notice to the receiving party from any third person Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; (b) receipt . The Company and Acquiror shall each promptly notify the other of any notice Actions commenced or, to its Knowledge, threatened against, relating to or other communication from any Governmental Authority, the Nasdaq (involving or otherwise affecting such party or any other securities market) in connection with of its Subsidiaries which relate to the consummation of the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 2 contracts

Samples: Transaction Agreement (Chicago Bridge & Iron Co N V), Transaction Agreement (Shaw Group Inc)

Notification of Certain Matters. Parent Purchasers, on the one hand, and Sellers on the Company other hand, shall use their respective commercially reasonable efforts to promptly notify each give prompt notice other of (i) any material actions, suits, claims or proceedings in connection with the transactions contemplated by this Agreement commenced or, to the other party if any Knowledge of Sellers or the following occur after Knowledge of Purchasers, threatened, against Sellers, the date of this Agreement: Subject Companies or Purchasers, as the case may be; (aii) receipt the occurrence or non-occurrence of any written fact or event which would be reasonably likely to cause any condition set forth in Article VI not to be satisfied; (iii) any notice of, or other communication relating to, a default or event that, with notice or lapse of time or both, would become a default under any Company Contract; (iv) the occurrence or existence of any fact, circumstance or event which could result in any representation or warranty made by Sellers or Purchasers, as the case may be, in this Agreement or in any schedule, exhibit or certificate or delivered herewith, to the receiving party be untrue or inaccurate; (v) any notice or other communication from any third person Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; (b) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactionstransactions contemplated by this Agreement; or (cvi) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence ofof any event, as applicablecircumstance, an event development, state of facts, occurrence, change or effect which has had a Material Adverse Effect or the occurrence or non-occurrence of any event, circumstance, development, state of facts, occurrence, change or effect which would not, individually or would be reasonably likely to in the aggregate, result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoinga Material Adverse Effect; provided, unless prohibited under any Privacy Obligationshowever, and in each case subject to Section 6.02(a), the Company that no such notification shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties Parties (or remedies with respect thereto) or the conditions to the obligations of the parties Parties under this Agreement; provided, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in further that a breach of this Agreement, the failure to deliver any such notice, in and of itself, Section 5.7 shall not be considered for purposes of determining the satisfaction of the closing conditions set forth in Article VI or give rise to any a right of termination under Article VII or a right to terminate indemnification under Article VIIIVIII if the underlying breach or breaches with respect to which the other party failed to give notice would not result in the failure of the closing conditions set forth in Article VI or would not result in the ability of such non-breaching Party to terminate this Agreement or to obtain indemnification, as the case may be.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Sherwin Williams Co), Stock Purchase Agreement (Sherwin Williams Co)

Notification of Certain Matters. Parent During the period following the date of the Original Agreement until the earlier of the Closing Date and the Company termination of this Amended Agreement pursuant to its terms, each of Seller and Purchaser shall each give prompt notice to the other party if any upon receiving Knowledge of the following occur after the date of this Agreement: (a) receipt any notices, complaints, investigations or hearings (or communications indicating that the same may be contemplated) of any written notice Governmental Authorities with respect to the receiving party transactions contemplated hereby or by the Ancillary Agreements, (b) any written notices or other written communications from any third person Persons alleging that the consent or approval of such third person Person is or may be required in connection with respect to the Transactions; (b) receipt of any notice transactions contemplated hereby or other communication from any Governmental Authorityby the Ancillary Agreements, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if the institution of any material Action involving Seller or any of its Subsidiaries or Purchaser or any of its Subsidiaries that relates, in each case, to the Knowledge of the Company there has occurredtransactions contemplated by this Amended Agreement, or if Parent obtains knowledge of the (d) any material event, development, or occurrence of, as applicable, an event which that would or would reasonably be reasonably likely expected to result in the give rise to a failure of any a condition precedent set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access IX or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) otherwise reasonably be expected to be material to prevent or materially delay the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates consummation of the foregoing information with respect transactions contemplated by this Amended Agreement; provided, however, that without prejudice to any Purchaser’s rights under Article XI, no such Data Breach reported notification or failure to Parent. In no event make such notification shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties herein or the conditions to the obligations of the parties under this Agreement, hereunder or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such noticeconstitute, in and of itself, shall not give a breach giving rise to the failure of a condition to the Closing set forth in Article IX. For informational purposes only, upon Purchaser’s reasonable request, Seller shall use its commercially reasonable efforts to supplement or amend in writing the Seller Disclosure Letter with respect to any right matter, event, circumstance or condition which was required (or, if occurring before, or existing and known at, the date of the Original Agreement, would have been required) to terminate be set forth or described on Sections 4.04, 4.05, 4.08, 4.11, 4.17 and 4.20 of the Seller Disclosure Letter. For clarity, neither any such supplemental or amended disclosure, nor any failure by Seller to make any such supplement or amendment if Seller has used its commercially reasonable efforts to do so, will be taken into account for any purpose under Article VIIIIX (including for purposes of determining the existence or occurrence of a breach pursuant to Section 11.01(a) and determining the amount of Losses arising out of or resulting therefrom) or for purposes of determining whether or not the conditions set forth in Section 9.02 have been satisfied.

Appears in 2 contracts

Samples: Acquisition Agreement (SB/RH Holdings, LLC), Acquisition Agreement (Energizer Holdings, Inc.)

Notification of Certain Matters. From after the date hereof and until the earlier to occur of the Closing Date or the termination of this Agreement, Parent and the Company shall each give prompt notice to the other party if any Company and the Company shall give prompt notice to Parent, as the case may be, of the following occurrence, or failure to occur, of any event, which occurrence or failure to occur is reasonably likely to cause (a)(i) any representation or warranty of such party contained in this Agreement that is qualified as to “materiality”, “Company Material Adverse Effect” or “Parent Material Adverse Effect” to be untrue or inaccurate in any respect or (ii) any other representation or warranty of such party contained in this Agreement to be untrue or inaccurate in any material respect, in each case at any time from and after the date of this Agreement until the Offer Closing or (b) any material failure of Parent and Purchaser or the Company, as the case may be, to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it under this Agreement: (a) receipt . In addition, from after the date hereof and until the earlier to occur of any written the Closing Date or the termination of this Agreement, Parent shall give prompt notice to the receiving party from any third person alleging that Company and the consent or approval of such third person is or Company shall give prompt notice to Parent, as the case may be required in connection with the Transactions; (b) receipt be, of any notice change or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurredevent having, or if which is reasonably likely to have, a Company Material Adverse Effect or Parent obtains knowledge of the occurrence ofMaterial Adverse Effect, as applicablethe case may be, an event or which would or would be reasonably likely to result in the failure of the Offer Conditions or any condition of the conditions set forth in Article VII Section 7.1 to be satisfied. Without limiting Notwithstanding the foregoingabove, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 6.3 will not limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties parties, the remedies available hereunder to the party receiving such notice or the conditions to such party’s obligation to consummate the obligations Offer or the Merger. This Section 6.3 shall not constitute a covenant, agreement or obligation of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule Purchaser, as the case may be, for purposes of Section 8.1(c)(i), Section 8.1(d)(i) or constitute an exception to any representation or warranty. Notwithstanding anything to clause (v) of Exhibit A, as the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIcase may be.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Mens Wearhouse Inc), Agreement and Plan of Merger (Bank Jos a Clothiers Inc /De/)

Notification of Certain Matters. Parent and Seller shall, upon obtaining knowledge of any of the Company shall each following, give prompt notice to the other party if Parent, and Parent shall, upon obtaining knowledge of any of the following occur after following, give prompt notice to Seller, of (i) the occurrence or non-occurrence of any event the occurrence or non-occurrence of which would reasonably be likely to cause any representation or warranty of such Party contained in this Agreement, which is qualified as to materiality, to be untrue or inaccurate, or any representation or warranty of such Party not so qualified, to be untrue or inaccurate in any material respect, at or prior to the Closing Date, (ii) any failure in any material respect of any of Seller, Parent or Purchaser, as the case may be, to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it hereunder, (iii) the occurrence or non-occurrence of any event the occurrence or non-occurrence of which would be likely to cause any condition to the obligations of any Party to effect the transactions contemplated hereby not to be satisfied, (iv) any notice or other written communication from any Governmental Authority in connection with the transactions contemplated by this Agreement, (v) any Actions (or communications indicating that the same may be contemplated) commenced or threatened against any of Seller, Parent or Purchaser, as the case may be, or any of their respective Subsidiaries which, if pending on the date of this Agreement: (a) receipt of any written notice hereof, would have been required to have been disclosed pursuant to Section 3.10 or Section 4.06 or which relate to the receiving party consummation of the transactions contemplated by this Agreement or (vi) any notice or other communication from any third person party alleging that the consent or approval of such third person party is or may be required in connection with the Transactionstransactions contemplated by this Agreement; (b) receipt of any notice or other communication from any Governmental Authorityprovided that, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 6.07 shall not cure such breach or non-compliance or limit or otherwise affect the respective rights, obligations, representations, warranties, covenants rights or agreements of the parties or the conditions remedies available hereunder to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any Party receiving such notice. Seller shall consult with Parent, and consider reasonable requests made by Parent, regarding the attachment of Seller Shares held by certain customers of Seller in and of itself, shall not give rise to any right to terminate under Article VIIIconnection with debt collection proceedings against such customers.

Appears in 2 contracts

Samples: Acquisition Agreement (New Skies Satellites Nv), Acquisition Agreement (New Skies Satellites Nv)

Notification of Certain Matters. Parent and the The Company shall each give prompt notice to the other party Parent if any of the following occur occurs after the date of this Agreement: (ai) any notice of, or other communication relating to, a material default or Event which, with notice or lapse of time or both, would become a material default under any Material Contract; (ii) receipt of any written notice to the receiving party or other communication in writing from any third person alleging that the consent or approval Consent of such third person is or may be required in connection with the Transactionstransactions contemplated by this Agreement, other than a Consent disclosed pursuant to Section 3.5, 3.6 or 3.14(d)(ii) above or not required to be disclosed pursuant to the terms thereof; (biii) receipt of any material notice or other communication from any Governmental AuthorityAuthority (including, but not limited to, the Nasdaq (NASD, any securities exchange or any other securities marketthe FCC) in connection with the Transactionstransactions contemplated by this Agreement; or (civ) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence ofof any Event or Events which individually or in the aggregate, as applicable, an event which would or would be is reasonably likely to result in have a Company Material Adverse Effect; (v) the failure commencement or threat of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), Litigation involving or affecting the Company shall notify Parent in writing promptlyor any Company Subsidiary, and in or any event within seventy-two (72) hoursof their respective properties or assets, upon becoming aware of or, to its knowledge, any unauthorized access employee, agent, director or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control officer of the Company or any Company Subsidiary that Subsidiary, in his or her capacity as such or as a fiduciary under a Benefit Plan of the Company, which, if pending on the date hereof, would (i) reasonably be expected have been required to be material have been disclosed in or pursuant to this Agreement or which relates to the Company Group, taken as a wholeconsummation of the Merger, or (ii) require any notification to be given to material development in connection with any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken Litigation disclosed by the Company in or pursuant to investigatethis Agreement or the Securities Filings; (vi) the occurrence of any Event that causes or is reasonably likely to cause a breach by the Company of any provision of this Agreement, remediate, mitigate and contain such Data Breach and (Cvii) the occurrence of any notifications provided Event that, had it occurred prior to the date of this Agreement without any additional disclosure hereunder, would have constituted a Company Material Adverse Effect. If the Company receives an administrative or other order or notification relating to any violation or claimed violation of the rules and regulations of the FCC, or of any other Governmental Entity, that could affect Parent's, Merger Sub's or the Company's ability to consummate the transactions contemplated hereby, or should the Company become aware of any fact (including any change in law or regulations (or anticipated or otherwise required any interpretation thereof) by the FCC) that is reasonably likely to be provided) cause the FCC to any Governmental Authority, impacted individual or other third party with respect withhold its consent to such Data Breach. Subject to, and in accordance with, Section 6.02(a)the transfer of control of the Company FCC Licenses contemplated hereunder, the Company shall provide promptly notify the Parent with and the Company shall use reasonable periodic updates best efforts to take such steps as may be necessary, to remove any such impediment of the foregoing information with respect Company to any such Data Breach reported to Parent. In no event shall (A) consummate the delivery of any notice transactions contemplated by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Citadel Broadcasting Co), Agreement and Plan of Merger (Citadel Broadcasting Corp)

Notification of Certain Matters. Parent Each of Target and the Company Acquiror shall each give prompt immediate notice to the other party if any of the following occur occurs after the date of this AgreementAgreement and prior to the termination of this Agreement or the Effective Time: (a) receipt of any written notice to the receiving party from of, or other communication relating to, a default, or event which with notice or lapse of time or both would become a default, under any third person alleging that the consent or approval of such third person is or may be required in connection with the TransactionsMaterial Contract; (b) receipt of any notice or other communication in writing from any Governmental Authority, Person alleging that the Nasdaq (consent of such Person is or any other securities market) may be required in connection with the Transactionstransactions contemplated by this Agreement; or (c) if to receipt of any notice or other written communication from any Governmental Entity in connection with the Knowledge of the Company there has occurred, or if Parent obtains knowledge of transactions contemplated by this Agreement; (d) the occurrence of, as applicable, an or non-occurrence of any fact or event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to cause any condition hereunder not to be or satisfied; (e) the commencement or threat of any action involving or affecting Target or any of its properties or assets; (f) the occurrence or non-occurrence of any fact or event that causes a material breach by Target or Acquiror of any provision of this Agreement applicable to it; (g) the occurrence of any fact or event of which such party becomes aware that results in the inaccuracy in any representation or warranty of such party in this Agreement; and (h) the occurrence of any event that, had it occurred prior to the Company Groupdate of this Agreement without any additional disclosure hereunder, taken as would have constituted a wholeMaterial Adverse Effect of Target or Acquiror; provided, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) that the delivery of any notice by a any party pursuant to this Section 6.12 provision shall not modify any representation or warranty of such party, cure any breaches thereof or limit or otherwise affect the respective rights, obligations, representations, warranties, covenants rights or agreements remedies available hereunder to the other parties and the failure of the parties party receiving such information to take any action with respect to such notice shall not be deemed a waiver of any breach or the conditions breaches to the obligations representations or warranties of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any party disclosing such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIinformation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (INPHI Corp), Agreement and Plan of Merger (INPHI Corp)

Notification of Certain Matters. Parent and the Company Agribrands shall each give prompt notice to the other party Ralcorp if any of the following occur occurs after the date of this Agreement: (ai) any notice of, or other communication relating to, a material default or Event which, with notice or lapse of time or both, would become a material default under any Agribrands Material Contract; (ii) receipt of any written notice to the receiving party or other communication in writing from any third person party alleging that the consent or approval Consent of such third person party is or may be required in connection with the Transactionstransactions contemplated by this Agreement, other than a Consent disclosed pursuant to Section 4.5 or 4.6 above or not required to be disclosed pursuant to the terms thereof; (biii) receipt of any material notice or other communication from any Governmental AuthorityAuthority (including, but not limited to, the Nasdaq (NYSE or any other securities marketexchange) in connection with the Transactionstransactions contemplated by this Agreement; or (civ) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, of an event Event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material have an Agribrands Material Adverse Effect; (v) the commencement or threat of any Litigation involving or affecting Agribrands or any Agribrands Subsidiary, or any of their respective properties or assets, or, to the Company Groupits knowledge, taken any employee, agent, director or officer of Agribrands or any Agribrands Subsidiary, in his or her capacity as such or as a wholefiduciary under a Benefit Plan of Agribrands, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impactedwhich, if applicable)pending on the date hereof, (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise would have been required to be provided) to any Governmental Authority, impacted individual have been disclosed in or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit Agreement or otherwise affect which relates to the respective rights, obligations, representations, warranties, covenants or agreements consummation of the parties Agribrands Merger, or any material development in connection with any Litigation disclosed by Agribrands in or pursuant to this Agreement or the conditions Agribrands Securities Filings; (vi) the occurrence of any Event that would reasonably be expected to the obligations cause a breach by Agribrands of the parties under any provision of this Agreement, or and (Bvii) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to occurrence of any representation or warranty. Notwithstanding anything Event that, had it occurred prior to the contrary in date of this Agreement without any additional disclosure hereunder, would have constituted a breach by Agribrands of any provision of this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Agribrands International Inc), Execution Copy (Ralcorp Holdings Inc /Mo)

Notification of Certain Matters. Parent and the Company shall each give prompt notice to the other party if any of the following occur after the date of this Agreement: (a) receipt of any written Stream and Stream shall give prompt notice to the receiving Company, of (i) any notice or other communication received by such party from any third person Governmental Entity in connection with the Exchange or from any Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; (b) receipt Exchange, if the subject matter of any notice such communication or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII such party to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to obtain such consent could be material to the Company Groupor Stream, taken as a whole, or (ii) require any notification actions, suits, claims, investigations or proceedings commenced or, to such party’s Knowledge, threatened against, relating to or involving or otherwise affecting such party or any of its Subsidiaries which relate to the Exchange, (iii) the discovery of any fact or circumstance that, or the occurrence or non-occurrence of any event the occurrence or non-occurrence of which, would cause any representation or warranty made by such party contained in this Agreement to be given to breached such that the breach, together with all other breaches of this Agreement, provides a right of termination under Article VII; and (iv) any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope material failure of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken party to comply with or anticipated satisfy any covenant or agreement to be taken complied with or satisfied by the Company to investigateit hereunder; provided, remediatehowever, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) that the delivery of any notice by a party pursuant to this Section 6.12 5.10 shall not (x) cure any breach of, or non-compliance with, any other provision of this Agreement or (y) limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions remedies available to the obligations party receiving such notice. Company shall give Stream the opportunity to participate in the defense or settlement of any securityholder litigation against Company and/or its directors relating to the parties under this AgreementExchange, and no such settlement shall be agreed to without Stream’s prior written consent, which shall not be unreasonably withheld, delayed or (B) disclosure by conditioned. Stream shall give the Company the opportunity to participate in the defense or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to settlement of any representation or warranty. Notwithstanding anything securityholder litigation against Stream and/or its directors relating to the contrary in this AgreementExchange, and no such settlement shall be agreed to without the failure to deliver any such noticeCompany’s prior written consent, in and of itself, which shall not give rise to any right to terminate under Article VIIIbe unreasonably withheld, delayed or conditioned.

Appears in 2 contracts

Samples: Share Exchange Agreement (Stream Global Services, Inc.), Share Exchange Agreement (Ares Corporate Opportunities Fund II, L.P.)

Notification of Certain Matters. Parent and the The Company shall each give prompt notice to Parent, and Parent shall give prompt notice to the Company, upon obtaining knowledge of (i) any notice or other party if any of the following occur after the date of this Agreement: (a) receipt of any written notice to the receiving communication received by such party from any third Governmental Entity in connection with this Agreement, the Merger or the transactions contemplated hereby, or from any person alleging that the consent or approval Consent of such third person is or may be required in connection with the Transactions; Merger or the transactions contemplated hereby, (bii) receipt any Actions commenced or, to such party’s knowledge, threatened against, relating to or involving or otherwise affecting such party or any of any notice or other communication from any Governmental Authorityits Subsidiaries which relate to this Agreement, the Nasdaq Merger or the transactions contemplated hereby, and (iii) any fact, event or any other securities marketcircumstance known to it that (a) in connection with the Transactions; or (c) if to the Knowledge case of the Company there Company, individually or taken together with all other facts, events and circumstances known to it, has occurredhad, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to have, individually or in the aggregate, a Company GroupMaterial Adverse Effect, taken as a whole(b) would cause or constitute, or (ii) require would reasonably be expected to cause or constitute, a breach in any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope material respect of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, party’s representations, warranties, covenants or agreements contained herein, (c) would cause or would reasonably be expected to cause, the failure of any condition precedent to Parent’s or the Company’s obligations under this Agreement, or (d) would reasonably be expected to prevent, materially delay or materially impede the consummation of the parties transactions contemplated hereby; provided, however, that (x) the delivery of any notice pursuant to this Section 6.6 shall not limit or otherwise affect any remedies available to Parent or the Company, as applicable, or prevent or cure any misrepresentations, breach of warranty or breach of covenant or the conditions to the obligations of the parties under this Agreement, or (By) disclosure by the Company or Parent shall not be deemed to amend or supplement the Company Disclosure Schedule Letter or constitute an exception to any representation or warranty. Notwithstanding anything warranty except to the contrary extent expressly agreed by Parent and the Company, and (z) no disclosure hereunder shall be deemed to be an admission to the other party that any condition set forth in this Agreement, the failure to deliver any such notice, in and of itself, ARTICLE VII has not been fulfilled. This Section 6.6 shall not give rise to any right to terminate under Article VIIIconstitute a covenant or agreement for purposes of Section 7.2(b) or Section 7.3(b).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Ust Inc), Agreement and Plan of Merger (Altria Group, Inc.)

Notification of Certain Matters. Parent Between the date hereof and the Company shall Closing, each party to this Agreement will give prompt notice in writing to the other parties hereto of: (i) any information that indicates that any representation and warranty of such party if any contained herein was not true and correct as of the following occur after date hereof or will not be true and correct as of the date of this Agreement: Closing, (aii) receipt the occurrence of any written event which could result in the failure to satisfy a condition specified in Article 6 or Article 7 hereof, as applicable, (iii) any notice to the receiving party or other communication from any third person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; transactions contemplated by this Agreement, and (biv) receipt in the case of the Stockholder, Xx. Xxxxx and the Company, any notice of, or other communication relating to, any default or event which, with notice or lapse of time or both, would become a default under any Company Agreement. Xx. Xxxxx shall (x) promptly advise UAG of any event that has, or could in the future have, a Material Adverse Effect (y) confer on a regular basis with one or more designated representatives of UAG to report operational matters and to report the general status of ongoing operations, and (z) notify UAG of any emergency or other change in the normal course of business or in the operation of the properties of the Company and of any governmental complaints, investigations or hearings (or communications indicating that the same may be contemplated) or adjudicatory proceedings involving the Company or any of their assets or operations, and will keep UAG fully informed of such events and permit UAG's representatives access to all materials prepared in connection therewith. The Stockholder and Xx. Xxxxx shall give prompt notice to UAG of any notice or other communication from any Governmental Authoritythird person asserting any right, the Nasdaq (title or interest in any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurredShares held by the Stockholder (including, without limitation, any threat to commence, or if Parent obtains knowledge notice of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure commencement of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual action or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information proceeding with respect to any such Data Breach reported to Parent. In no event shall (Aof the Shares) or the delivery occurrence of any notice by a party pursuant other event of which the Stockholder or Xx. Xxxxx has knowledge which could result in any failure to this Section 6.12 limit or otherwise affect consummate the respective rights, obligations, representations, warranties, covenants or agreements sale of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIShares as contemplated hereby.

Appears in 2 contracts

Samples: Stock Purchase Agreement (United Auto Group Inc), Stock Purchase Agreement (United Auto Group Inc)

Notification of Certain Matters. Parent Radiancy, on one hand, and each of PhotoMedex and Merger Sub, on the Company other hand, shall each give prompt notice to the other party (and, if in writing, furnish copies of) if any of the following occur after occurs during the date of this AgreementExecutory Period: (ai) there has been a material failure on the part of the Party providing the notice to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it hereunder; (ii) receipt of any written notice to the receiving party or other communication in writing from any third person Person alleging that the consent or approval Consent of such third person Person is or may be required in connection with the Transactionstransactions contemplated by this Agreement; (biii) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) Authority in connection with the Transactionstransactions contemplated by this Agreement; (iv) the discovery of any fact or circumstance that, or the occurrence or non-occurrence of any event the occurrence or non-occurrence of which, would reasonably be expected to cause or result in any of the conditions to the Merger set forth in Article VI not being satisfied or the satisfaction of any of those conditions being materially delayed; or (cv) if the commencement or threat, in writing, of any Action against any Party or any of its affiliates, or any of their respective properties or assets, or, to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence ofPhotoMedex or Radiancy, as applicable, an event which would any officer, director or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Informationpartner, in the possession his or control her capacity as such, of the Company PhotoMedex or Radiancy, as applicable, or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party their affiliates with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates consummation of the foregoing information with respect Merger. No such notice to any such Data Breach reported Party shall constitute an acknowledgement or admission by the Party providing notice regarding whether or not any of the conditions to ParentClosing or to the consummation of the Merger have been satisfied or in determining whether or not any of the representations, warranties or covenants contained in this Agreement have been breached. In Moreover, no event shall (A) the delivery of information or knowledge obtained by any notice by a party Party hereto pursuant to this Section 6.12 limit 5.1 will affect or otherwise affect the respective rights, obligations, representations, warranties, covenants be deemed to modify any representation or agreements of the parties warranty contained herein or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by Parties to consummate the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIMerger.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Photomedex Inc), Agreement and Plan of Merger (Photomedex Inc)

Notification of Certain Matters. Parent and the Company MITI shall each give prompt written ------------------------------- notice to Actava, Orion and Sterling specifying in reasonable detail: (i) any notice of, or other communication relating to, a default or event which, with notice or lapse of time or both, would become a default under any agreement, indenture or instrument material to the other party if business, assets, property, condition (financial or otherwise) or the results of operations of MITI, its United States subsidiaries or any Joint Venture Entity, taken as a whole, to which MITI, any of the following occur after the date of this Agreement: its United States subsidiaries or any Joint Venture Entity is a party or is subject; (aii) receipt of any written material notice to the receiving party or other communication from any third person party alleging that the consent or approval of such third person party is or may be required in connection with the Transactionstransactions contemplated by this Agreement including the Mergers; (biii) receipt of any material notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) regulatory authority in connection with the Transactionstransactions contemplated by this Agreement; (iv) any event which has a MITI Material Adverse Effect, or the occurrence of an event which, so far as reasonably can be foreseen at the time of its occurrence, would result in any MITI Material Adverse Effect; (cv) any claims, actions, proceedings or investigations commenced or, to MITI's knowledge, threatened, involving or affecting MITI, any of its United States subsidiaries or any Joint Venture Entity or any of their respective property or assets, or, to MITI's knowledge, any employee, consultant, director or officer, in his or her capacity as such, of MITI or any of its subsidiaries which, if pending on the date hereof, would have been required to have been disclosed in a Schedule pursuant to this Agreement or which relates to the Knowledge consummation of the Company there has occurred, MITI Merger; and (vi) any event or action which if Parent obtains knowledge of known on the occurrence of, as applicable, an event which date hereof (a) would have caused a representation or would be reasonably likely to result in the failure of any condition warranty set forth in Article VII 6 hereof to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and untrue or incomplete or incorrect in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, respect or (iib) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise would have been required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and have been disclosed in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party Schedule pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 2 contracts

Samples: Contribution Agreement (Orion Pictures Corp), Contribution Agreement (Actava Group Inc)

Notification of Certain Matters. Parent From the Agreement Date until the earlier termination of this Agreement in accordance with its terms and the First Effective Time, the Company shall each give prompt notice to Parent, and Parent shall give prompt notice to the other party if any Company, of the following occur after the date of this Agreement: (a) receipt of any written notice to the receiving or other communication received by such party from any third person Governmental Authority in connection with the Mergers or other transactions contemplated by this Agreement or from any Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; Mergers or the other transactions contemplated by this Agreement, (b) receipt of any notice actions, suits, claims, known investigations or other communication from any Governmental AuthorityLegal Proceedings commenced or, to such party’s Knowledge, threatened against, relating to or involving or otherwise affecting such party or its subsidiaries which relate to the Nasdaq (Mergers or any the other securities market) in connection with the Transactions; or transactions contemplated by this Agreement, (c) if to the Knowledge discovery of the Company there has occurredany fact or circumstance that, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure non-occurrence of any event the occurrence or non-occurrence of which, has caused any representation or warranty made by such party contained in this Agreement to be untrue or inaccurate such that the condition set forth in Article VII Section 8.2(a) or Section 8.3(a) would not be satisfied at Closing, and (d) any failure of such party to comply with or satisfy any covenant or agreement to be satisfiedcomplied with or satisfied by it hereunder such that the condition set forth in Section 8.2(b) or Section 8.3(b) would not be satisfied in all material respects at Closing. Without limiting For the foregoingavoidance of doubt, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 7.3 shall not (i) cure any breach of, or non-compliance with, any other provision of this Agreement, (ii) limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions remedies available to the obligations party receiving such notice (except that notice of any new event, condition, fact or circumstance that occurs after the parties under Agreement Date shall exempt the Escrowed Holders from claims based on fraud or intentional misrepresentation related to such new events, conditions, facts or circumstances), (iii) constitute an acknowledgment or admission of breach of this Agreement, or (Biv) disclosure by the Company or Parent will be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warrantySchedule. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.7.4

Appears in 2 contracts

Samples: Agreement and Plan of Mergers (Oddity Tech LTD), Agreement and Plan of Mergers (Oddity Tech LTD)

Notification of Certain Matters. Subject to applicable Law, the Company will give prompt notice to Parent and the Company shall each Merger Sub, and Parent and Merger Sub will give prompt notice to the other party if any Company, of the following occur after the date of this Agreement: (a) receipt any fact, change, event or circumstance that has had or would reasonably be expected to have a Material Adverse Effect on the Company or prevent or materially impair the ability of Parent and Merger Sub to consummate the transactions, or which any Party would reasonably expect to cause or constitute a material breach of any written notice to the receiving party from any third person alleging that the consent of its representations, warranties or approval of such third person is or may be required in connection with the Transactions; covenants contained herein, (b) receipt the occurrence or non-occurrence of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of event the occurrence of, as applicable, an event or non-occurrence of which would or would be reasonably likely to result in the failure of cause any condition set forth in Article VII to the Merger to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and unsatisfied in any event within seventy-two material respect at the Effective Time, (72c) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control material failure of the Company or Parent and Merger Sub, as the case may be, or any officer, director, employee or Representative of the Company Subsidiary that or Parent and Merger Sub, as applicable, to comply with or satisfy any covenant or agreement to be complied with or satisfied by it under this Agreement, and (d) the occurrence of any event which, with or without notice, lapse of time or both, would (i) reasonably be expected to be material constitute a default or breach on the part of Parent, Merger Sub or, to the Company GroupKnowledge of Parent, taken as a wholeany Debt Financing Source, under any term of the Debt Commitment Letter or (ii) require otherwise result in any notification portion of the Debt Financing contemplated thereby to be given to any Person under any Privacy Obligationunavailable at the Closing; provided, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impactedhowever, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) that the delivery of any notice by a party pursuant to this Section 6.12 6.4 will not limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions remedies available under this Agreement to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any Party receiving such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Westlake Chemical Corp), Agreement and Plan of Merger (Axiall Corp/De/)

Notification of Certain Matters. Parent and Each of BSAQ, the Company and Merger Sub shall each give prompt notice to the other party Party of: (a) any Action or investigation that would have been required to be disclosed to the other Party under this Agreement if any such Party had knowledge of it as of the following occur after date hereof; (b) the occurrence or non-occurrence of any event whose occurrence or non-occurrence, as the case may be, could reasonably be expected to cause any condition set forth in Section 10.02 or Section 10.03 not to be satisfied at any time from the date of this Agreement: (a) receipt of any written notice Agreement to the receiving party Merger Effective Time; (c) any notice or other communication from any third person Person alleging that the consent or approval of such third person Person is or may be required in connection with the Merger or the other Transactions; (bd) receipt of without limiting Section 9.01, any regulatory notice or other communication report from any a Governmental Authority, the Nasdaq (or any other securities market) Authority in connection with respect of the Transactions; or and (ce) if to in the Knowledge case of the Company there has occurredCompany, any information or knowledge obtained by the Company, or if Parent obtains knowledge any of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary its Subsidiaries that would (i) could reasonably be expected to be material to materially affect the Company’s or any of its Subsidiaries’ current projections, forecasts or budgets or estimates of revenues, earnings or other measures of financial performance for any period. From the date hereof until the Merger Effective Time, BSAQ shall, and shall instruct its financial advisors to, keep the Company Groupand its financial advisors informed with respect to any private placement or placements to be consummated immediately prior to or at the Closing, taken as a wholeand the trading of BSAQ Ordinary Shares and BSAQ Warrants during such period, or including by (i) providing regular updates and (ii) require any notification to be given to any Person under any Privacy Obligationconsulting and cooperating with, and provide Parent with the following information considering in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impactedgood faith any feedback from, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party its financial advisors with respect to such Data Breach. Subject to, matters; provided that each Acquiror and in accordance with, Section 6.02(a), the Company acknowledges and agrees that none of their respective financial advisors shall provide Parent with reasonable periodic updates of the foregoing information be entitled to any fees with respect to any such Data Breach reported private placement or placements to Parent. In no event shall (A) be consummated immediately prior to or at the delivery of any notice by a party pursuant to this Section 6.12 limit or Closing unless otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure mutually agreed by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary and BSAQ in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIwriting.

Appears in 1 contract

Samples: Business Combination Agreement (Black Spade Acquisition Co)

Notification of Certain Matters. Parent and the The Company shall each use commercially reasonable efforts to give prompt (in any event within the earlier of (x) three Business Days and (y) one Business Day prior to the Termination Date, the scheduled Offer Closing or the scheduled Closing, as applicable) notice to Parent, and Parent shall use commercially reasonable efforts to give prompt (in any event within the earlier of (x) three Business Days and (y) one Business Day prior to the Termination Date, the scheduled Offer Closing or the scheduled Closing, as applicable) notice to the other party if any of the following occur after the date of this AgreementCompany, of: (a) receipt of any written notice to the receiving or other communication received by such party from any third Governmental Entity in connection with the Merger or the other transactions contemplated hereby or from any person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; Merger or the other transactions contemplated hereby, if the subject matter of such communication or the failure of such party to obtain such consent could be material to the Company, the Surviving Corporation or Parent, (b) receipt of any notice actions, suits, claims, investigations or other communication from any Governmental Authorityproceedings commenced or, the Nasdaq (to such party’s knowledge, threatened against, relating to or involving or otherwise affecting such party or any of its subsidiaries which relate to the Merger or the other securities market) in connection with the Transactions; or transactions contemplated hereby, (c) if to the Knowledge of the Company there has occurredany change, condition or event (including any renewal, termination, or if Parent obtains knowledge of the occurrence amendment of, as applicableor any proposed modification to, an event which would any Material Contract) (i) that to such party’s knowledge renders or would reasonably be expected to render any representation or warranty of such party set forth in this Agreement to be untrue or inaccurate in any material respect, or (ii) that results or could reasonably likely be expected to result in the any failure of such party to comply with or satisfy any condition set forth in Article VII VIII to be satisfied. Without limiting complied with or satisfied hereunder; or (d) the foregoingdiscovery of any fact or circumstance that, unless prohibited under or the occurrence or non-occurrence of any Privacy Obligationsevent the occurrence or non-occurrence of which, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and would cause or result in any event within seventy-two (72) hours, upon becoming aware of the conditions to the Merger set forth in Article VIII or the Offer Conditions not being satisfied or satisfaction of those conditions being materially delayed in violation of any unauthorized access or use provision of any sensitive or confidential informationthis Agreement; provided, including Personally Identifiable Informationhowever, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 7.11 shall not (i) cure any breach of, or non-compliance with, any other provision of this Agreement or (ii) limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions remedies available to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any party receiving such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Diamond Resorts International, Inc.)

Notification of Certain Matters. Parent and (a) Prior to the Company Closing, each Party shall each give prompt notice to the other party if Parties of: (i) any Proceeding commenced or threatened in writing wherein an unfavorable Decree would (A) prevent consummation of any of the transactions contemplated by this Agreement or (B) cause any of the transactions contemplated by this Agreement to be rescinded following occur after the date of consummation, or would have been required to have been disclosed pursuant to Section 5.18; (ii) any failure by such Party to comply with or satisfy, in any material respect, any covenant, agreement or condition to Closing to be complied with or satisfied by it under this Agreement: ; (aiii) receipt any information, development or state of affairs that arises or of which it becomes aware which would cause or result in a breach of any written of the representations and warranties of such Party set forth in this Agreement; (iv) any notice to the receiving party or other communications from any third person Governmental Authority in connection with the transactions contemplated by this Agreement; (v) any notice or other communication from any Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactionstransactions contemplated by this Agreement; and (bvi) receipt of any notice fact, circumstance, event or other communication from any Governmental Authorityaction, the Nasdaq existence, occurrence or taking of which (A) has had, or could reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, (B) has resulted in, or could reasonably be expected to result in, any other securities market) in connection with representation or warranty made by the Transactions; Holding Company hereunder not being true and correct or (cC) if to the Knowledge of the Company there has occurredresulted in, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would could reasonably be reasonably likely expected to result in in, the failure of any condition of the conditions set forth in Article VII Sections 7.1 or 7.2 to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a)Furthermore, the Holding Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access will supplement or use of any sensitive or confidential information, including Personally Identifiable Information, in amend the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information Disclosure Schedule with respect to any such Data Breach reported to Parent. In no event shall (A) matter arising or discovered after the delivery date of any notice by a party pursuant to this Section 6.12 limit Agreement which, if existing or otherwise affect occurring at the respective rights, obligations, representations, warranties, covenants or agreements date of the parties or the conditions to the obligations of the parties under this Agreement, would have been required to be set forth or (B) disclosure described in the Disclosure Schedule, other than matters contemplated to occur by this Agreement or that arise in the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and Ordinary Course of itself, shall not give rise to any right to terminate under Article VIIIBusiness.

Appears in 1 contract

Samples: Stock Purchase Agreement (Almost Family Inc)

Notification of Certain Matters. Parent Big Stuff and the Company Big Stuff Shareholders shall each give prompt notice to the other party Parent if any of the following occur after from the date of this AgreementRestated Agreement through the Closing Date: (ai) receipt of any written notice to the receiving party from of, or other communication relating to, a default or Event which, with notice or lapse of time or both, would become a default under any third person alleging that the consent or approval of such third person is or may be required in connection with the TransactionsBig Stuff Material Contract; (bii) receipt of any notice or other communication from any Governmental Authority, third party alleging that the Nasdaq (Consent of such third party is or any other securities market) may be required in connection with the Transactionstransactions contemplated by this Restated Agreement; (iii) receipt of any material notice or other communication from any Governmental Authority in connection with the transactions contemplated by this Restated Agreement; (civ) if to the Knowledge receipt of the Company there has occurred, any notice of or if Parent obtains other communication regarding or otherwise obtaining knowledge of an Event which would have a Big Stuff Material Adverse Effect; (v) receipt of any notice of or other communication regarding or otherwise obtaining knowledge of the occurrence of, as applicable, an event which would commencement or would be reasonably likely to result in the failure threat of any condition set forth Litigation involving or affecting any Big Stuff Shareholder, Big Stuff or any of its or their respective properties or assets, or, to its knowledge, any employee, agent, director or officer of Big Stuff, in Article VII his or her capacity as such or as a fiduciary under a Benefit Plan of Big Stuff, which, if pending on the date hereof, would have been required to be satisfied. Without limiting have been disclosed in this Restated Agreement or which relates to the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), consummation of the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential informationtransactions contemplated by this Restated Agreement, including Personally Identifiable Informationthe Merger, in or the possession or control of the Company Big Stuff Transaction Agreements or any Company Subsidiary that would material development in connection with any Litigation disclosed by Big Stuff or any Big Stuff Shareholder in or pursuant to this Restated Agreement; and (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (Avi) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery receipt of any notice by a party pursuant to this Section 6.12 limit of or other communication regarding or otherwise affect the respective rightsobtaining knowledge of any event that would cause a breach by Big Stuff or any Big Stuff Shareholder of any provision of this Restated Agreement or a Big Stuff Transaction Agreement, obligations, representations, warranties, covenants including such a breach that would occur if such event had taken place on or agreements of the parties or the conditions prior to the obligations date of the parties under this Restated Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 1 contract

Samples: Big Stuff Agreement (Advanced Communications Group Inc/De/)

Notification of Certain Matters. Parent and the Company shall each give prompt notice (A) From time to the other party if any of the following occur time after the date hereof and until the Closing Date, Seller shall inform Purchaser in writing of all information, events, actions or omissions which have developed since the date of execution of this Agreement: (a) receipt of any written notice to the receiving party from any third person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; (b) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, Agreement and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably if this Agreement were signed on the Closing Date, would be expected required to be material disclosed pursuant to this Agreement in order to make Seller’s and the Company Group, taken as a wholeCompany’s representations and warranties contained herein true and not misleading, or (ii) require causes or constitutes a breach of any notification to be given to such representation or warranty contained in Article 3, or would constitute a breach of any Person under representation or warranty if again made at the time the fact or condition arises. The delivery of any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken notice by Seller shall not absolve Seller or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) from liability for breach of any notifications provided (representation or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breachwarranty which was untrue when made. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with With respect to any such Data Breach reported to Parent. In no event shall (A) notice of a development after the date hereof, upon the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements an updated version of the parties or Disclosure Schedule, Purchaser shall have the conditions election to the obligations of the parties under terminate this Agreement, or (B) disclosure by the Company or Parent be deemed ; provided if Purchaser elects not to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in terminate this Agreement, the Disclosure Schedule shall be deemed to have been amended and the representations and warranties contained in this Agreement shall be deemed to have been qualified by such disclosure. From the date hereof through the Closing, Seller shall give prompt notice to Purchaser of any material failure of Seller or the Company to deliver comply with or satisfy any of their respective covenants, conditions or agreements to be complied with or satisfied by it under this Agreement; provided, however, that such notice, in and of itself, disclosure shall not give rise be deemed to cure any right breach of a covenant or agreement, or to terminate under Article VIIIsatisfy any condition.

Appears in 1 contract

Samples: Escrow Agreement (Standard Aero Holdings Inc.)

Notification of Certain Matters. Parent Between the date of this Agreement and the Closing Date, the Company shall each give prompt notice to promptly notify Parent in writing of (i) Knowledge of the other party if Company of any event, fact or condition that causes or constitutes a material breach of any of the following occur Company's representations and warranties in this Agreement or (ii) Knowledge of the Company of the occurrence, nonoccurrence or existence after the date of this Agreement: (a) receipt Agreement of any written notice to event, fact or condition that would cause or constitute a material breach of any such representation or warranty had such representation or warranty been made as of the receiving party from any third person alleging that the consent time of occurrence, nonoccurrence, existence or approval discovery of such third person is event, fact or may be required condition. During the same period, the Company shall promptly notify Parent in connection with writing of the Transactions; (b) receipt occurrence of any notice material breach of any covenant of the Company in this Agreement or other communication from of the occurrence, nonoccurrence or existence of any Governmental Authorityevent, fact or condition that would be reasonably expected to make the satisfaction of any of the conditions in Section 7 impossible or unlikely. During the same period, the Nasdaq (Company shall promptly notify Parent in writing of any pending, or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurredCompany, threatened Action which (x) challenges or if Parent obtains knowledge seeks material damages in connection with the Merger or the other transactions contemplated by this Agreement or (y) seeks to prohibit or prevent the consummation of the occurrence of, as applicable, an event which would Merger or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and other transactions contemplated by this Agreement or otherwise limit in any event within seventy-two (72) hours, upon becoming aware material respect the right of Parent or Merger Sub to own or operate all or any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control portion of the Company businesses or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to assets of the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the . The Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) agrees that the delivery of any notice by a party pursuant to this Section 6.12 5.5 shall not limit or otherwise affect the respective rightsremedies available under this Agreement to Parent or Merger Sub or, obligationsexcept as otherwise agreed to by Parent, representations, warranties, covenants in any way modify or agreements supplement the representations or warranties of the parties Company made under this Agreement or affect or modify the conditions to the obligations of the parties Parent or Merger Sub under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.38

Appears in 1 contract

Samples: Contents Agreement and Plan of Merger (Animal Health International, Inc.)

Notification of Certain Matters. Parent Each of Secure, on one hand, and each of the Company and the Company Members, on the other hand, shall each give prompt notice to the other party (and, if in writing, furnish copies of) if any of the following occur after occurs during the date of this AgreementExecutory Period: (ai) there has been a material failure on the part of the Party providing the notice to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it hereunder; (ii) receipt of any written notice to the receiving party or other communication in writing from any third person Person alleging that the consent or approval Consent of such third person Person is or may be required in connection with the Transactionstransactions contemplated by this Agreement; (biii) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) Authority in connection with the Transactionstransactions contemplated by this Agreement; (iv) the discovery of any fact or circumstance that, or the occurrence or non-occurrence of any event the occurrence or non-occurrence of which, would reasonably be expected to cause or result in any of the conditions to the transactions contemplated hereby set forth in Article VI not being satisfied or the satisfaction of any of those conditions being materially delayed; or (cv) if the commencement or threat, in writing, of any Action against any Party or any of its affiliates, or any of their respective properties or assets, or, to the Knowledge knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence ofSecure, as applicable, an event which would any officer, director, partner, member or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Informationmanager, in the possession his or control her capacity as such, of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company GroupSecure, taken as a wholeapplicable, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party their affiliates with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates consummation of the foregoing information with respect transactions contemplated hereby. No such notice to any such Data Breach reported Party shall constitute an acknowledgement or admission by the Party providing notice regarding whether or not any of the conditions to ParentClosing or to the consummation of the transactions contemplated hereunder have been satisfied or in determining whether or not any of the representations, warranties or covenants contained in this Agreement have been breached. In Moreover, no event shall (A) the delivery of information or knowledge obtained by any notice by a party Party hereto pursuant to this Section 6.12 limit 5.1 will affect or otherwise affect the respective rights, obligations, representations, warranties, covenants be deemed to modify any representation or agreements of the parties warranty contained herein or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by Parties to consummate the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIItransactions contemplated hereby.

Appears in 1 contract

Samples: Contribution Agreement (Secure America Acquisition CORP)

Notification of Certain Matters. Parent The Company shall, and shall cause each of the Company shall each Subsidiaries to, give prompt notice to the other party if any Parent of the following occur after the date of this Agreement: (a) receipt any event which would reasonably be expected to have a Company Material Adverse Effect; (b) the occurrence or nonoccurrence of any written notice event, the occurrence or non-occurrence of which is reasonably likely to cause any representation or warranty of the Company in this Agreement to be untrue or incomplete at or prior to the receiving party Effective Time; (c) any failure of the Company to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it hereunder; (d) any notice or other communication from any third person Governmental Authority in connection with the Transactions; (e) any notice from any Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; and (bf) receipt of any notice or other communication from any Governmental AuthorityAction commenced or, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge knowledge of the Company there has occurredthreatened against, relating to or if Parent obtains knowledge involving or otherwise affecting the Company’s business or that relates to the consummation of the occurrence ofTransactions. Except as provided in this Section 5.9, as applicable, any such disclosure shall not constitute an event which would or would be reasonably likely exception to result in the failure of any condition representations and warranties set forth in Article VII to be satisfied. Without limiting 2, shall not limit the foregoingrights of Parent under this Agreement for any breach by the Company of such representations and warranties, unless prohibited including, under any Privacy ObligationsArticle 7 and Article 8, and shall not have the effect of satisfying any of the conditions to obligations of Parent set forth in each case subject to Section 6.02(a)Sections 6.1 and 6.2. provided, the Company shall notify Parent in writing promptly, and in any event within seventy-two that (72A) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of if (1) such disclosure by the Company or any Company Subsidiary that would Subsidiaries is made in order to set forth any matter, fact or item first occurring or arising after the date hereof and (i2) reasonably be expected to be material to Parent has the Company Groupright to, taken as a wholebut does not elect to, terminate this Agreement in accordance with Section 8.1, then from and after the Closing, Parent or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated shall be deemed to be taken by the Company have irrevocably waived its right to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party indemnification under Article 7 with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, matter; or (B) if such disclosure is made in order to set forth any matter, fact or item first occurring or arising on or prior to the date hereof, then from and after the Closing, Parent shall have the right to indemnification pursuant to Article 7 with respect to such matter, and the applicable representation and warranty (and related schedule in the Company Disclosure Schedule) shall be read for purposes of Article 7 as if such disclosure had not been made by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this AgreementSubsidiary, the failure to deliver any such noticeas applicable, in and of itself, shall not give rise to any right to terminate under Article VIIIhereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Greenrose Acquisition Corp.)

Notification of Certain Matters. Parent and Fusion shall, upon obtaining knowledge of any of the Company shall each following, give prompt notice to Parent and the other party if Merger Subsidiary, and Parent and the Merger Subsidiary shall, upon obtaining knowledge of any of the following occur after following, give prompt notice to Fusion, of (i) the occurrence or nonoccurrence of any event the occurrence or nonoccurrence of which would be likely to cause any representation or warranty contained in this Agreement, which is qualified as to materiality, to be untrue or inaccurate, or any representation or warranty not so qualified, to be untrue or inaccurate in any material respect at or prior to the Effective Time, (ii) any material failure of Fusion, Parent or the Merger Subsidiary, as the case may be, to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it hereunder, (iii) the occurrence or non-occurrence of any event the occurrence or non-occurrence of which would be likely to cause any condition to the obligations of any party to the effect of the transactions contemplated hereby not to be satisfied, (iv) any notice of, or other communication relating to, a default or event which, with notice or lapse of time or both, would become a default, received by it or any of its subsidiaries subsequent to the date of this Agreement and prior to the Effective Time, under any contract or agreement material to the financial condition, properties, businesses, results of operations or prospects of it and its subsidiaries taken as a whole to which it or any of its subsidiaries is a party or is subject, (v) any notice or other communication from any Governmental Entity in connection with the Merger, (vi) any actions, suits, claims, investigations or other proceedings (or communications indicating that the same may be contemplated) commenced or threatened against Fusion or any of its subsidiaries which, if pending on the date of this Agreement: (a) receipt of any written notice , would have been required to have been disclosed pursuant to Section 3.12 or which relate to the receiving party consummation of the Merger, (vii) any notice or other communication from any third person party alleging that the consent or approval of such third person party is or may be required in connection with the Transactions; (b) receipt of any notice or other communication from any Governmental Authoritytransactions contemplated by this Agreement, the Nasdaq (or any other securities market) in connection with the Transactions; or (cviii) if to the Knowledge any Material Adverse Effect in their respective financial condition, properties, businesses, results of the Company there has occurred, operations or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Groupprospects, taken as a whole; provided, or (ii) require any notification to be given to any Person under any Privacy Obligationhowever, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) that the delivery of any notice by a party pursuant to this Section 6.12 6.13 shall not cure such breach or non-compliance or limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions remedies available hereunder to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any party receiving such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Idm Environmental Corp)

Notification of Certain Matters. Parent and the The Company shall each give prompt notice to Parent of: (i) the other party if occurrence or nonoccurrence of any event which would be likely to cause the failure of either of the following occur after conditions set forth in Section 7.2(a) or Section 7.2(b) to be met as of any time during the date of this Agreement: Interim Period; (aii) the Company’s receipt of any written notice to the receiving party or other communication from any third person party alleging that the consent or approval of such third person party is or may be required in connection with the Transactionstransactions contemplated by this Agreement, including the Merger (unless such consent has been previously identified on Schedule 3.3 of the Company Disclosure Schedule); or (iii) the existence of any facts or circumstances that would reasonably be expected to result in a Company Material Adverse Effect. Parent shall give prompt notice to the Company of: (x) the occurrence or nonoccurrence of any event which would be likely to cause the failure of either of the conditions set forth in Section 7.1(a) or Section 7.1(b) to be met as of any time during the Interim Period; (by) Parent’s or any Parent Subsidiary’s receipt of any notice or other communication from any Governmental Authority, third party alleging that the Nasdaq (consent of such third party is or any other securities market) may be required in connection with the Transactionstransactions contemplated by this Agreement, including the Merger (unless such consent has been previously identified on Schedule 4.3 of the Parent Disclosure Schedule); or (cz) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure existence of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access facts or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary circumstances that would (i) reasonably be expected to be material to the Company Group, taken as result in a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data BreachMaterial Adverse Effect. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the The delivery of any notice by a party pursuant to this Section 6.12 5.11 shall not limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions remedies available hereunder to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent party receiving such notice nor be deemed to amend or supplement have amended any of the disclosures set forth in the Company Disclosure Schedule or constitute an exception Parent Disclosure Schedule, as applicable, to have qualified the representations and warranties contained herein or to have cured any misrepresentation or breach of a representation or warranty that otherwise might have existed hereunder by reason of such material development. No disclosure after the date of this Agreement of the untruth of any representation or warranty. Notwithstanding anything to the contrary and warranty made in this Agreement, Agreement will operate as a cure of any breach of the failure to deliver disclose the information, or of any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIuntrue representation or warranty made herein.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Stemcells Inc)

Notification of Certain Matters. Parent and the The Company shall each give prompt notice to the other party Purchaser if any of the following occur after the date of this Agreement (and shall promptly provide Purchaser a copy of any written materials related to any of the foregoing): (i) there has been a failure of the Company to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it under this Agreement: ; (aii) to the knowledge of the Company, the occurrence, or failure to occur, of any event, which occurrence or failure to occur is reasonably likely to cause any representation or warranty of the Company contained in this Agreement to be untrue or inaccurate in any material respect; (iii) receipt of any written notice to the receiving party or other communication in writing from any third person party alleging that the consent or approval Consent of such third person party is or may be required in connection with the TransactionsMerger; (biv) receipt of any written notice or other communication from any Governmental AuthorityAuthority (including, but not limited to, FINRA, the Nasdaq (SEC or the AMEX or any other securities marketexchange) in connection with the TransactionsMerger; (v) receipt or transmittal of any material notice or other material communication from or to any lender or servicer of the Company’s Indebtedness or any Franchisor; (vi) the occurrence of an event which could reasonably be expected to have a Company Material Adverse Effect or that could otherwise reasonably be expected to cause a condition in Section 6.1 or 6.2 not to be satisfied; (vii) the occurrence of any claim in excess of $50,000 individually, or $100,000 in the aggregate, by the Company or any of its subsidiaries pending under any of its insurance policies as to which coverage has been denied or disputed by the insurer; (viii) the receipt by the Company or any of its subsidiaries of (A) any written notice of cancellation or termination of any insurance policy set forth on Section 2.19 of the Company Disclosure Schedule (other than written notices related to ordinary course renewals) or refusal of coverage thereunder, or (B) any other written indication that such policies are no longer in full force or effect or that the issuer or any such policy is no longer willing or able to perform its obligations thereunder; or (cix) if the commencement of or written threat of any Litigation against the Company or any of its subsidiaries or, to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence ofCompany, as applicable, an event which would any director or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Informationofficer, in the possession his or control her capacity as such, of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Groupof its subsidiaries, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impactedwhich, if applicable)pending on the date hereof, (B) a summary of efforts taken or anticipated would have been required to be taken have been disclosed by the Company in this Agreement or which relates to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a)this Agreement, the Company Merger or the other transactions contemplated herein. No such notice to Purchaser shall provide Parent with reasonable periodic updates have any effect on the determination of the foregoing information with respect to whether any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations Merger have been satisfied or in determining whether any of the parties under this Agreementrepresentations, warranties or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary covenants contained in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIAgreement have been breached.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lodgian Inc)

Notification of Certain Matters. Parent Each of the parties (and the Company Xxxxxxx, as indicated by his signature below) shall each give prompt notice to the other party, of (i) the discovery of a fact or facts of which the notifying party if has actual knowledge which cause it to conclude that any of the following occur after representations, warranties or statements made by it or in an any exhibit, schedule or other document delivered pursuant to this Agreement, may be false or misleading or omission of any facts necessary in order to make such representations, warranties or statements not false or misleading; (ii) the occurrence, or failure to occur, of any event which occurrence or failure would be likely to cause any representation or warranty made by them in this Agreement to be untrue or inaccurate any time from the date hereof to the Closing Date; and (iii) any failure of the notifying party to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it hereunder. Each party hereto shall use all reasonable efforts to remedy any failure on its or his part to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it hereunder. During the period from the date of this Agreement: Agreement to the Closing Date, each Company agrees (aand Xxxxxxx agrees as indicated by his signature below) receipt to promptly notify Purchaser of any written notice to material change in, or outside of, the receiving party from any third person alleging that the consent normal course of business or approval operations of such third person is or may be required in connection with the Transactions; (b) receipt either Company and of any notice Governmental or other communication from any Governmental AuthorityRegulatory Authority complaints, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurredinvestigative hearings, or if Parent obtains knowledge of the occurrence ofinstitution, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail threat (to the extent reasonably available to the Company): (A) the nature Xxxxxxx and scope either Company have or should have knowledge of such Data Breach (including the types threat) or settlement of Personally Identifiable Information litigation, in each case involving an amount in excess of $5,000 and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated relating to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject toeither Company, and shall keep Purchaser fully informed in accordance with, Section 6.02(a), the reasonable detail of such events. Neither Company shall provide Parent enter into any settlements over $5,000 in connection with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) litigation without the delivery prior written consent of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIPurchaser.

Appears in 1 contract

Samples: Consulting Agreement (Digirad Corp)

Notification of Certain Matters. Parent and From the Company date hereof through the Closing, the Seller Parties shall each give prompt notice to the other party if any Buyer of the following occur after the date of this Agreement: (a) receipt the occurrence, or failure to occur, of any written notice event which occurrence or failure would be likely to the receiving party from cause any third person alleging that the consent representation or approval of such third person is warranty contained in this Agreement or may in any exhibit or schedule hereto to be required untrue or inaccurate in connection with the Transactions; any respect, and (b) receipt any failure of the Seller Parties or any of their Affiliates, or of any notice of their Representatives, to comply with or other communication from satisfy any Governmental Authoritycovenant, condition or agreement to be complied with or satisfied by it under this Agreement or any exhibit or schedule hereto; provided, however, that such disclosure shall not be deemed to cure any breach of a representation, warranty, covenant or agreement or to satisfy any condition. The Seller Parties shall promptly notify Buyer of any Default, the Nasdaq (threat or commencement of any Proceeding, or any other securities market) development that occurs before the Closing that could in connection with any way materially affect Seller, the Transactions; Business or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfiedAcquired Assets. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject from the date hereof to Section 6.02(a)the Closing, the Company Seller Parties shall notify Parent in writing promptly, give Buyer prompt written notice (and in any event case within seventy-two (72three Business Days) hours, upon becoming aware of if any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company Seller Party or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Groupof its Affiliates receives any written communication from any customer, taken as a wholedistributor, supplier, broker or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken co-manufacturer named or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery named on Schedule 3.7 of any intention to terminate or materially reduce purchases of Products from, sales of supplies to or the brokerage or co-manufacturer relationship with Seller, its Affiliates or the Business. Any notice by a party delivered pursuant to this Section 6.12 limit 6.10 shall not be deemed to supplement or otherwise affect the respective rights, obligations, representations, warranties, covenants amend any Disclosure Schedule or agreements any representation or warranty or covenant or agreement of the parties or Seller Parties for the purpose of (x) determining whether any of the conditions set forth in Article 2 have been satisfied, (y) affecting any party’s right to the obligations of the parties under this Agreementindemnification pursuant to Article 9, or (Bz) disclosure by the Company determining whether any breach or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to inaccuracy of any representation or warranty. Notwithstanding anything to the contrary warranty or breach of any covenant or agreement set forth in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIAgreement has occurred.

Appears in 1 contract

Samples: Asset Purchase Agreement (Farmer Brothers Co)

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Notification of Certain Matters. Parent (a) Each Seller and Sellers’ Representative shall give prompt notice to Buyer of: (i) the occurrence or nonoccurrence of any event the occurrence or nonoccurrence of which would be likely to cause any representation or warranty made by such party in Article III to be untrue or inaccurate at or prior to the Closing and (ii) any failure of such party to comply with or satisfy any covenant, condition, or agreement to be complied with or satisfied by such party hereunder prior to Closing. The Company shall give prompt notice to Buyer of: (i) the occurrence or nonoccurrence of any event, including any Post-Signing Event, the occurrence or nonoccurrence of which the Company has Knowledge and which would be likely to cause any representation or warranty contained in Article IV to be untrue or inaccurate at or prior to the Closing, and (ii) any failure of the Company to comply with or satisfy any covenant, condition, or agreement to be complied with or satisfied by the Company hereunder prior to Closing of which the Company has Knowledge. Buyer shall each give prompt notice to the other party if Company of: (i) the occurrence or nonoccurrence of any event the occurrence or nonoccurrence of which would be likely to cause any representation or warranty contained in Article VI to be untrue or inaccurate at or prior to the Closing, and (ii) any failure of Buyer to comply with or satisfy any covenant, condition, or agreement to be complied with or satisfied by Buyer hereunder prior to Closing. If Buyer or any of the following occur after the date its Affiliates obtains Knowledge (but without any duty of this Agreement: (ainquiry) receipt of any written notice to the receiving party from any third person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; (b) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of a breach by the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery Sellers of any notice by a party pursuant to this Section 6.12 limit representation, warranty, covenant or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure agreement by the Company or Parent be deemed to amend or supplement any of the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary Sellers contained in this Agreement, Buyer shall promptly notify the failure to deliver any Company and Sellers of such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIbreach.

Appears in 1 contract

Samples: Membership Interest Purchase and Sale Agreement (Crosstex Energy Lp)

Notification of Certain Matters. Parent At all times during the period commencing with the execution and delivery of this Agreement and continuing until the earlier to occur of the (1) termination of this Agreement pursuant to Article VII and (2) the Effective Time, (A) the Company shall each give prompt notice to Parent and Merger Sub, and Parent and Merger Sub shall give prompt notice to the other party if any Company, of the following occur after the date of this Agreement: (a) receipt of any written notice to the receiving or other communication received by such party from any third person Governmental Entity in connection with this Agreement or the Merger, or from any Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; , if the subject matter of such communication or the failure of such party to obtain such consent could be material to the Company, the Surviving Corporation or Parent and (b) receipt any Transaction Litigation, (B) the Company shall give prompt notice to Parent and Merger Sub of (i) any notice change, condition, circumstance or other communication from event (including any Governmental Authorityrenewal, the Nasdaq (termination, or amendment of, or any other securities marketproposed modification to, any Material Contract) in connection with the Transactions; that results or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would could reasonably be reasonably likely expected to result in the failure of Company failing to comply with or satisfy any covenant, condition or agreement (including any condition set forth in Article VII VI); or (ii) the discovery of any fact or circumstance that, or the occurrence or non-occurrence of any event which, would cause or result in any of the conditions to the Merger set forth in Article VI not being satisfied or satisfaction of those conditions being materially delayed and (C) Parent will give prompt notice to the Company upon becoming aware that any representation or warranty made by Parent or Merger Sub in this Agreement has become untrue or inaccurate in any material respect, or of any failure by Parent or Merger Sub to comply with or satisfy in any material respect any covenant, condition or agreement to be satisfied. Without limiting the foregoingcomplied with or satisfied by it pursuant to this Agreement, unless prohibited under any Privacy Obligations, and in each case subject if and only to Section 6.02(a)the extent that such untruth, the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access inaccuracy or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that failure would (i) reasonably be expected to be material cause any of the conditions to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope obligations of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (Cconsummate the Merger set forth in Section 6.3(a) any notifications provided (or anticipated or otherwise required Section 6.3(b) to fail to be provided) satisfied at the Closing. No notification under this Section 5.9 will affect or be deemed to modify any Governmental Authorityrepresentation or warranty of Parent, impacted individual Merger Sub or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to set forth in this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties Agreement or the conditions to the obligations of the parties hereto to consummate the Merger or the remedies available to the parties hereto under this Agreement, or (B) disclosure by . The terms and conditions of the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception Confidentiality Agreement apply to any representation information provided to Parent, Merger Sub or warrantyCompany, as applicable, pursuant to this Section 5.9. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIISection 5.10.

Appears in 1 contract

Samples: Execution Version Agreement and Plan of Merger (Bravo Brio Restaurant Group, Inc.)

Notification of Certain Matters. Parent and the Company shall each give prompt notice to the other party if any of the following occur after the date of this Agreement: (a) receipt of The Company will promptly (and, in any written event, within ten (10) days) notify Purchaser in writing of: (i) any notice to the receiving party or other communication from any third person Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactionstransactions contemplated by this Agreement; (bii) receipt of any notice or other communication from any Governmental AuthorityBody, the Nasdaq (or any other securities market) Action by any Governmental Body, related to or in connection with the Transactions; transactions contemplated by this Agreement (including that may restrain, enjoin or (c) if to otherwise prohibit the Knowledge consummation of the Company there has occurredtransactions contemplated by this Agreement); (iii) the discovery of any variances from, or if Parent obtains knowledge the existence or occurrence of any event, fact or circumstance arising after the execution of this Agreement that would reasonably be expected to cause, any of the occurrence ofrepresentations and warranties contained in A rticle III to be untrue or inaccurate such that the condition set forth in Section 7.2(a) will not be satisfied; and (iv) any event that has had, as applicableor is reasonably expected to have, an event which would a Material Adverse Effect or would otherwise cause, or reasonably be reasonably likely expected to result in cause, the failure of any condition to Closing for the benefit of the Purchaser set forth in Article VII. If the subject matter of any such notification required by the previous sentence requires any change in the Schedules, the Company shall deliver to Purchaser prior to the Closing a supplement to such Schedule (the U pdated Schedules p rovided that in no event will any Updated Schedule serve to amend, supplement or modify the Schedules for purposes of Section 7.2(a) or otherwise determining whether any condition set forth in Article VII to be satisfied. Without limiting was or has been satisfied or any statement set forth Section 2.3(f) was or is true and correct; provided further that if the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a)Closing occurs, the Company shall notify Parent Updated Schedules will (other than in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware respect of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party claim for Fraud with respect to (x) the representations and warranties Section 2.3(f)) be considered and deemed to be part of the Schedules for all purposes under this Agreement and each reference in this Agreement to a particular Schedule will mean such Data Breach. Subject toSchedule in, and in accordance with, Section 6.02(a)or as updated by, the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIUpdated Schedules.

Appears in 1 contract

Samples: Asset Purchase Agreement

Notification of Certain Matters. Parent (a) To the extent permitted by applicable Law, Buyer and the Company Seller shall promptly notify each give prompt notice other in writing of (i) any fact, change, condition, circumstance or occurrence or nonoccurrence of any event of which it is aware that will or is reasonably likely to the other party if result in any of the following occur after the date conditions set forth in Article VI of this Agreement: Agreement becoming incapable of being satisfied; (aii) receipt of any written notice to or other communication received by such party (1) by any Governmental Authority in connection with this Agreement or the receiving party transactions contemplated hereby, (2) from any third person Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; (b) receipt transactions contemplated hereby, if the subject matter of any notice such communication or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII such party to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) obtain such consent could reasonably be expected to be material to Seller, the Company GroupACRE Companies, taken as a wholethe Business or Buyer, or (ii3) require any notification relating to be given issued or pending Program Lender licenses and/or material changes to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (methodology used to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise calculate reserve amounts required to be providedmaintained by the ACRE Companies; (iii) to any Governmental Authoritymaterial Actions commenced or, impacted individual or other third party with respect to such Data Breach. Subject toparty’s knowledge, threatened against or involving such party or any of its Affiliates which relate to this Agreement or the transactions contemplated hereby; and (iv) any knowledge by Seller of any facts or occurrences, or alleged facts or occurrences, including but not limited to knowledge of any present or threatened legal action or claim, which would constitute a breach of any representation and warranty in accordance withSection 3.4 or Section 3.19; provided, however, that, except as set forth in Section 6.02(a5.10(b), the Company no such notification shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or covenants, agreements of the parties or the conditions to the obligations of the parties under this Agreementherein. In addition, or prior to Closing, Seller shall provide to Buyer periodic informational updates (Band in any event no less frequently than once per calendar month) disclosure regarding the all Mortgage Loans that are subject to the Master Loss Sharing Agreement (including without limitation updates from management regarding actions taken by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything ACRE Companies with respect to the contrary such Mortgage Loans and any prepared loss calculations relating to such Mortgage Loans), and, following Closing, Buyer shall provide periodic informational updates regarding the amount of losses it has incurred in this Agreementrespect of all Mortgage Loans that are subject to the Master Loss Sharing Agreement (and in any event no less frequently than once per calendar quarter); provided, however, that no such informational updates shall affect the failure representations, warranties, covenants, agreements of the parties or the conditions to deliver any such notice, in and the obligations of itself, shall not give rise to any right to terminate under Article VIIIthe parties herein.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Ares Commercial Real Estate Corp)

Notification of Certain Matters. Parent Each of Huffy and Gen-X shall give prompt notice to the Company other of: (a) any notice of, or other communication relating to, a default or event that, with notice or lapse of time or both, would become a default, received by it or any of its Subsidiaries subsequent to the date hereof and prior to the Effective Time, under any Contract material to the financial condition, properties, business or results of operations of such party taken as a whole to which such party, or any Subsidiary of such party, is a party or is subject; and (b) any material adverse change in the condition (financial or other), properties, assets, business, results of operations or prospects of it and its Subsidiaries taken as a whole, or the occurrence of any event that, so far as reasonably can be foreseen at the time of its occurrence, is reasonably likely to result in any such change. Each of Huffy and Gen-X shall each give prompt notice to the other party if any of the following occur after the date of this Agreement: (a) receipt of any written notice to the receiving party or other communication from any third person party alleging that the consent or approval of such third person party is or may be required in connection with the Transactions; (b) receipt transactions contemplated hereby. In the event that, at any time prior to the Closing, Gen-X becomes aware of any matter that, if existing or known as of the date hereof, would have been required to be set forth or described in the Gen-X Disclosure Schedule or would otherwise have rendered any representation or warranty of Gen-X set forth herein false or misleading, Gen-X shall promptly provide written notice or other communication from of such matters to Huffy. In the event that, at any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if time prior to the Knowledge Closing, Huffy becomes aware of any matter that, if existing or known as of the Company there has occurreddate hereof, would have been required to be set forth or if Parent obtains knowledge of described in the occurrence of, as applicable, an event which would Huffy Disclosure Schedule or would otherwise have rendered any representation or warranty of Huffy set forth herein false or misleading, Huffy shall promptly provide written notice of such matters to Gen-X. However, no such notice provided under this Section 7.14 shall be reasonably likely deemed to result in the failure cure any breach of any condition representation or warranty made herein, whether for purposes of determining whether or not the conditions set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access ARTICLE VIII have been satisfied or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIotherwise.

Appears in 1 contract

Samples: Share Purchase Agreement (Huffy Corp)

Notification of Certain Matters. Parent and the The Company shall each give prompt notice to the other party Purchaser if any of the following occur after the date of this Agreement: (ai) there has been a material failure of the Company or any of its representatives to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it or them hereunder; (ii) receipt of any written notice to the receiving party or other communication in writing from any third person Person alleging that the consent or approval Consent of such third person Person is or may be required in connection with the Transactionstransactions contemplated by this Agreement; (biii) receipt of any material notice or other communication from any Governmental AuthorityAuthority (including, but not limited to, the Nasdaq (NASD or any other securities marketexchange) in connection with the Transactionstransactions contemplated by this Agreement; (iv) the occurrence of an event which would reasonably be expected to have a Material Adverse Effect or that would otherwise reasonably be expected to cause a condition in Article VII or Annex A not to be satisfied; or (cv) if a material allegation of breach or non-performance or material dispute with regard to payment, under any Material Contract; (vi) the denial of any material insurance coverage, or reservation of rights with respect to a material claim; (vii) refusal to issue or replace any material surety bond or performance bond or any material surety bond or performance bond facility; (viii) any material claim, dispute or controversy with any Material Customer or any Material Supplier, or any notice from any Material Customer or any Material Supplier that such Material Customer or Material Supplier, as the case may be, intends to terminate or materially reduce its business with any Business Unit or (ix) the commencement or receipt of a threat in writing of any Litigation involving or affecting the Company or any of its Subsidiaries, or any of their respective properties or assets, or, to the Knowledge of the Company there has occurredCompany, any employee, agent, director or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Informationofficer, in the possession his or control her capacity as such, of the Company or any Company Subsidiary that of its Subsidiaries which, if pending on the date hereof, would (i) reasonably be expected have been required to be material have been disclosed in this Agreement or which relates to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates consummation of the foregoing information with respect Offer or the Merger. No such notice to any such Data Breach reported Purchaser shall be deemed to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements constitute an amendment of the parties Disclosure Letter or to have any effect on the determination of whether or not any of the conditions to Closing or to the obligations consummation of the parties under this AgreementOffer have been satisfied or in determining whether or not any of the representations, warranties or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary covenants contained in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIAgreement have been breached.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Compudyne Corp)

Notification of Certain Matters. Parent and the Company shall each give prompt notice to the other party Company if any of the following occur after from the date of this AgreementRestated Agreement through the Closing Date: (ai) receipt any notice of, or other communication relating to, a default or Event which, with notice or lapse of time or both, would become a default under any written notice to the receiving party from any third person alleging that the consent or approval of such third person is or may be required in connection with the TransactionsParent Material Contract which could have a Parent Material Adverse Effect; (bii) receipt of any notice or other communication from any Governmental Authoritythird party alleging that the Consent of such third party is or may be required in connection with the transactions contemplated by this Restated Agreement; (iii) receipt of any material notice or other communication from any regulatory authority (including, but not limited to, the Nasdaq (NYSE or any other securities marketexchange) in connection with the Transactionstransactions contemplated by this Restated Agreement; (iv) receipt of any notice of or other communication regarding or otherwise obtaining knowledge of an Event which would have a Parent Material Adverse Effect; (cv) if to the Knowledge receipt of the Company there has occurred, any notice of or if Parent obtains other communication regarding or otherwise obtaining knowledge of the occurrence of, as applicable, an event commencement or threat of which would or would be reasonably likely to result in the failure Parent has knowledge of any condition set forth in Article VII Litigation involving or affecting Parent or any Parent subsidiary or any of their respective properties or assets, or, to be satisfied. Without limiting the foregoingits knowledge, unless prohibited under any Privacy Obligationsemployee, and in each case subject to Section 6.02(a)agent, the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access director or use of any sensitive or confidential information, including Personally Identifiable Informationofficer, in the possession his or control her capacity as such, of the Company Parent or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impactedsubsidiary which, if applicable)pending on the date hereof, (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise would have been required to be providedhave been disclosed pursuant to SECTION 3.7; (vi) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery receipt of any notice by a party pursuant to this Section 6.12 limit of or other communication regarding or otherwise affect obtaining knowledge of any Event that could cause a breach by Parent of any provision of this Restated Agreement or a Parent Transaction Agreement, including such a breach that could occur if such Event had taken place on or prior to the respective rightsdate of this Restated Agreement; and (vii) amendment, obligations, representations, warranties, covenants modification or agreements waiver of any provision of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIIonex Agreement referenced on SCHEDULE 3.7 hereto.

Appears in 1 contract

Samples: Amended and Restated Yptel Agreement (Advanced Communications Group Inc/De/)

Notification of Certain Matters. Parent During the period following the date of this Agreement until the earlier of the Closing Date and the Company termination of this Agreement pursuant to its terms, each of Seller and Purchaser shall each give prompt notice to the other party if any upon receiving Knowledge of the following occur after the date of this Agreement: (a) receipt any notices, complaints, investigations or hearings (or communications indicating that the same may be contemplated) of any written notice Governmental Authorities with respect to the receiving party transactions contemplated hereby or by the Ancillary Agreements, (b) any written notices or other written communications from any third person Persons alleging that the consent or approval of such third person Person is or may be required in connection with respect to the Transactions; (b) receipt of any notice transactions contemplated hereby or other communication from any Governmental Authorityby the Ancillary Agreements, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if the institution of any material Action involving Seller or any of its Subsidiaries or Purchaser or any of its Subsidiaries that relates, in each case, to the Knowledge of the Company there has occurredtransactions contemplated by this Agreement, or if Parent obtains knowledge of the (d) any material event, development, or occurrence of, as applicable, an event which that would or would reasonably be reasonably likely expected to result in the give rise to a failure of any a condition precedent set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access IX or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) otherwise reasonably be expected to be material to prevent or materially delay the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates consummation of the foregoing information with respect transactions contemplated by this Agreement; provided, however, that without prejudice to any Purchaser’s rights under Article XI, no such Data Breach reported notification or failure to Parent. In no event make such notification shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties herein or the conditions to the obligations of the parties under this Agreement, hereunder or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such noticeconstitute, in and of itself, shall not give a breach giving rise to the failure of a condition to the Closing set forth in Article IX. For clarity, neither any right such supplemental disclosure, nor any failure by Seller to terminate make any such supplement if Seller has used its commercially reasonable efforts to do so, will be taken into account for any purpose under Article VIIIIX (including for purposes of determining the existence or occurrence of a breach pursuant to Section 11.01(a) and determining the amount of Losses arising out of or resulting therefrom) or for purposes of determining whether or not the conditions set forth in Section 9.02 have been satisfied.

Appears in 1 contract

Samples: Acquisition Agreement (Energizer Holdings, Inc.)

Notification of Certain Matters. Parent Between the date hereof and the Company shall Merger Closings, each party to this Agreement will give prompt notice in writing to the other party if hereto of: (i) any information that indicates that any representation and warranty of such party contained herein was not true and correct as of the following occur after date hereof or will not be true and correct as of the date of this Agreement: Closing Date, (aii) receipt the occurrence of any written event which could result in the failure to satisfy a condition specified in Article 6 or Article 7 hereof, as applicable, (iii) any notice to the receiving party or other communication from any third person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; transactions contemplated by this Agreement, and (biv) receipt in the case of the Shareholders, the Partnership and the Companies, any notice of, or other communication from relating to, any Governmental Authoritydefault or event which, with notice or lapse of time or both, would become a default under any Company Agreement. Each party hereto will (x) promptly advise the Nasdaq (or other party hereto of any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurredevent that has, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) could reasonably be expected in the future to be material to have, a Material Adverse Effect on the Company GroupCompanies, the Partnership or on UAG and the UAG Subsidiaries, taken as a whole, as applicable, (y) confer on a regular and frequent basis with one or (ii) require any notification more designated representatives of the other party to be given report operational matters and to any Person under any Privacy Obligationreport the general status of ongoing operations, and provide Parent with (z) notify the following information other party of any emergency or other change in reasonable detail the normal course of business or in the operation of the properties of the Companies or the Partnership and of any governmental complaints, investigations or hearings (to or communications indicating that the extent reasonably available to same may be contemplated) or adjudicatory proceedings involving any property of the Company): (A) Companies or the nature Partnership, and scope will keep the other party fully informed of such Data Breach events and permit the other party access to all materials prepared in connection therewith. Each Shareholder shall give prompt notice to UAG of any notice or other communi- cation from any third person asserting (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (Ci) any notifications provided right, title or interest in any of the shares of the Companies' stock held by such Shareholder (including, without limitation, any threat to commence, or anticipated or otherwise required to be provided) to notice of the commencement of any Governmental Authority, impacted individual action or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information proceeding with respect to any such Data Breach reported shares of the Companies' stock), (ii) any right, title or interest in the Partnership (including, without limitation, any threat to Parent. In no event shall commence, or notice of the commencement of any action or other proceeding with respect to any ownership interest in the Partnership) or (Aiii) the delivery occurrence of any notice other event of which such Shareholder has knowledge which could result in any failure to consummate the transactions as contemplated by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 1 contract

Samples: Agreement and Plan of Merger (United Auto Group Inc)

Notification of Certain Matters. Parent During the Pre-Closing Period, Buyer shall give prompt notice to Seller and the Company, and Seller and the Company shall each give prompt notice to Buyer, of (a) the other occurrence, or failure to occur, of any event, which occurrence or failure to occur has caused or is reasonably likely to cause, any representation or warranty of such party if contained in this Agreement to be untrue or inaccurate in any of the following occur material respect, in each case at any time from and after the date of this Agreement until the Closing Date, (b) any material failure of Buyer, Seller or the Company, as the case may be, to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it under this Agreement: , (ac) the receipt by such party of any written notice to the receiving party or other written communication from any third person Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; , (bd) the receipt by such party of any notice written inquiry or other communication investigation from any Governmental Authority, Entity that would reasonably be expected to have an adverse impact on the Nasdaq (or any other securities market) in connection with Company’s ability to consummate the Transactions; , or (ce) if to the Buyer’s Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence ofSeller’s Knowledge, as applicable, an event which would a Claim that arises against or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would affecting such party (i) reasonably be expected that, if it were pending on the date of the Agreement, would have been required to be material disclosed pursuant to the Company Group, taken as a wholethis Agreement, or (ii) require any notification that would reasonably be expected to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to have an adverse impact on the Company): (A) ’s ability to consummate the nature and scope of such Data Breach (including Transactions. Notwithstanding the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a)above, the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect delivery of, or failure to any such Data Breach reported to Parent. In no event shall (A) the delivery of deliver, any notice by a party pursuant to this Section 6.12 7.6 will not expand, limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of remedies available hereunder to the parties party receiving such notice or the conditions to such party’s obligation to consummate the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIITransactions.

Appears in 1 contract

Samples: Stock Purchase Agreement (Endo Pharmaceuticals Holdings Inc)

Notification of Certain Matters. Parent and the (a) The Company shall each give prompt notice to Parent of (i) the other party if Company becoming aware that any representation or warranty made by it in this Agreement is or would be untrue or inaccurate in any material respect, or (ii) any failure of the following occur after the date of this Agreement: (a) receipt Company to comply in any material respect with or satisfy in any material respect any covenant or agreement to be complied with or satisfied by it hereunder. The Company shall give prompt notice to Parent of any written notice to the receiving party or other communication from any third person alleging that the consent or approval of such third person is or may be required in connection with any of the Transactions; . The Company shall give prompt notice to Parent if the representation contained in Section 3.15(b) (b) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if without regard to the Knowledge of date limitation therein) does not continue to be true during the Company there has occurred, or if Parent obtains knowledge of period from the occurrence of, as applicable, an event which would or would be reasonably likely date hereof through the Closing Date. Notwithstanding anything to result in the failure of any condition contrary set forth in Article VII to be satisfied. Without limiting the foregoingthis Agreement, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit 6.7(a) shall not limit, or otherwise affect, the remedies available hereunder to the party receiving such notice and shall not affect the respective rights, obligations, representations, warranties, covenants or agreements be deemed to modify any representation or warranty of the parties Company set forth herein or the conditions to the obligations of Parent or Merger Sub to consummate the transactions contemplated hereby, including the Merger, and (ii) the failure to give any notice required by this Section 6.7(a) shall not be treated as a breach of covenant for the purposes of Section 7.2(b). Table of Contents (b) Parent shall give prompt notice to the Company of (i) Parent becoming aware that any representation or warranty made by Parent or Merger Sub in this Agreement is or would be untrue or inaccurate in any material respect, or (ii) any failure of Parent or Merger Sub to comply in any material respect with or satisfy in any material respect any covenant or agreement to be complied with or satisfied by it hereunder. Notwithstanding anything to the contrary set forth in this Agreement, (i) the delivery of any notice pursuant to this Section 6.7(b) shall not limit, or otherwise affect, the remedies available hereunder to the party receiving such notice and shall not affect or be deemed to modify any representation or warranty of Parent or Merger Sub set forth herein or the conditions to the obligations of the parties under this AgreementCompany to consummate the transactions contemplated hereby, or including the Merger, and (Bii) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver give any such notice, in and of itself, notice shall not give rise to any right to terminate under Article VIIIbe treated as a breach of covenant for the purposes of Section 7.3(b).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Intel Corp)

Notification of Certain Matters. Parent and (a) Prior to the Company Closing, each Party shall each give prompt notice to the other party if Parties of: (i) any Proceeding commenced or threatened in writing wherein an unfavorable Decree would (A) prevent consummation of any of the transactions contemplated by this Agreement or (B) cause any of the transactions contemplated by this Agreement to be rescinded following occur after the date of consummation, or would have been required to have been disclosed pursuant to Section 5.18; (ii) any failure by such Party to comply with or satisfy, in any material respect, any covenant, agreement or condition to Closing to be complied with or satisfied by it under this Agreement: ; (aiii) receipt any information, development or state of affairs that arises or of which it becomes aware which would cause or result in a breach of any written of the representations and warranties of such Party set forth in this Agreement; (iv) any notice to the receiving party or other communications from any third person Governmental Authority in connection with the transactions contemplated by this Agreement; (v) any notice or other communication from any Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactionstransactions contemplated by this Agreement; and (bvi) receipt of any notice fact, circumstance, event or other communication from any Governmental Authorityaction, the Nasdaq existence, occurrence or taking of which (A) has had, or could reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, (B) has resulted in, or could reasonably be expected to result in, any representation or warranty made by the Company or any other securities market) in connection with the Transactions; Seller hereunder not being true and correct or (cC) if to the Knowledge of the Company there has occurredresulted in, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would could reasonably be reasonably likely expected to result in in, the failure of any condition of the conditions set forth in Article VII Sections 7.1 or 7.2 to be satisfied. Without limiting Furthermore, Sellers will supplement or amend the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information Disclosure Schedule with respect to any such Data Breach reported to Parent. In no event shall (A) matter arising or discovered after the delivery date of any notice by a party pursuant to this Section 6.12 limit Agreement which, if existing or otherwise affect occurring at the respective rights, obligations, representations, warranties, covenants or agreements date of the parties or the conditions to the obligations of the parties under this Agreement, would have been required to be set forth or (B) disclosure described in the Disclosure Schedule, other than matters contemplated to occur by this Agreement or that arise in the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and Ordinary Course of itself, shall not give rise to any right to terminate under Article VIIIBusiness.

Appears in 1 contract

Samples: Share Purchase Agreement (Almost Family Inc)

Notification of Certain Matters. Parent and The Sellers shall give prompt written notice to Buyer of: (a) the occurrence, or failure to occur, of any event of which the Company shall each give prompt notice has Knowledge that would be reasonably likely to the other party if cause any representation or warranty of the following occur after Company or any Seller contained in this Agreement or in any other Transaction Document to be untrue or inaccurate in any material respect at any time from the date of this Agreement: Agreement to the Closing determined as if such representation or warranty were made at such time; (ab) receipt the failure of the Company or any Seller to comply with or satisfy in any material respect any covenant to be complied with by it hereunder; (c) any written notice to the receiving party or other written communication from any third person Person alleging that the consent or approval Consent of such third person Person is or may be required in connection with the Transactionstransactions contemplated by this Agreement; (bd) the recall or withdrawal of any Company Product; (e) any written notice or other written communication from any Governmental Entity in connection with the transactions contemplated by this Agreement; (f) the receipt of any notice or other communication from any Governmental AuthorityEntity alleging a violation of, or Liability under, any Applicable Food Laws; (g) the Nasdaq receipt of any notice from any Governmental Entity alleging a deviation from current good manufacturing practices; (or h) the receipt of any other securities marketnotice of a claim that has been filed against the Company alleging a violation of any Applicable Food Laws; (i) in connection with the Transactions; or (c) if a report to the Knowledge FDA Reportable Food Registry, returns, or similar marketplace actions regarding products produced, processed, packaged, held for sale, advertised, manufactured, or sold by the Company or other similar federal, state, or private actions or investigations with respect to such products; (j) the listing of the Company there has occurredin the USDA Organic Integrity Database; and (k) the receipt of a Notice of Warning or Cease and Desist Order from the USDA. Except as provided below, no such notification shall affect the representations or if Parent obtains knowledge warranties of the occurrence of, as applicable, an event which would Parties or would the conditions to their respective obligations hereunder. The Company shall be reasonably likely entitled to result make any such notification under clause (a) above in the form of updates and/or modifications to the Sellers’ Disclosure Schedule or the Company Disclosure Schedule and such notification shall amend and supplement the appropriate schedules previously delivered. No such notification (or failure to provide such notification) shall be given any effect for purposes of any condition determining the accuracy of the representations and warranties made by the Sellers pursuant to this Agreement, determining whether the conditions set forth in Article VII to be have been satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in not affect any event within seventy-two (72) hours, upon becoming aware right or remedy of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties Buyer under this Agreement, including for purposes of the indemnification or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary termination rights contained in this Agreement. For the avoidance of doubt, the failure to deliver any such notice, in and of itself, this Section 6.4 shall not give rise limit any recourse Buyer may have against the Representation and Warranty Insurance (pursuant to any right to terminate under Article VIIIthe terms thereof) for breaches of representations and warranties covered thereunder.

Appears in 1 contract

Samples: Purchase Agreement (Universal Corp /Va/)

Notification of Certain Matters. Seller Parent and the Company shall each give prompt notice may (but is not obligated to) deliver to the other party if Buyer no later than the end of the second (2nd) Business Day prior to the Closing Date a schedule of changes (the “Update Schedule”) to any of the following occur information contained in the Schedules hereto (including changes to any other representations or warranties in Article III hereof as to which no Schedule has been created as of the date hereof but as to which a Schedule would have been required if such changes had existed on the date hereof), which changes are required as a result of events or circumstances occurring subsequent to the date hereof which would render any representation or warranty inaccurate or incomplete at any time after the date of this Agreement: (a) receipt Agreement until the Closing Date, which Update Schedule shall be dated as of the Closing Date; provided, however, that in no event shall such Update Schedule limit in any way Seller Parent’s liability pursuant to this Agreement with respect to any inaccuracy or incompleteness in the Schedules as of the date hereof. Regardless of whether Seller Parent delivers an Update Schedule in accordance with the immediately preceding sentence, at any time after the date of this Agreement until the Closing Date, Seller Parent shall promptly notify the Buyer of any written notice facts, events or circumstances of which Seller Parent becomes aware which could reasonably be expected, individually or in the aggregate, to have a material adverse effect on the Business taken as a whole. From and after the date hereof until the Closing Date, Seller Parent shall promptly deliver to Buyer copies of any correspondence or communications received or sent by any of Seller Parent or any Seller (with respect to the receiving party from any third person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; (b) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurredBusiness), or if Parent obtains knowledge of the occurrence ofby any Sold Company or Sold Company Subsidiary, to or from, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information Authority with respect to any such Data Breach reported to Parent. In no event shall (A) matters regarding the delivery of Business’ compliance with any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIExport Control Laws.

Appears in 1 contract

Samples: Asset and Stock Purchase Agreement (Terex Corp)

Notification of Certain Matters. Parent and Each of the Company Parties shall each give prompt notice promptly notify the other Parties of (i) its obtaining of actual knowledge as to the other party if any of the following occur after the date of this Agreement: (a) receipt of any written notice to the receiving party from any third person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; (b) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition matters set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, clauses (x) and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72y) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a wholebelow, or (ii) require the occurrence, or failure to occur, of any notification event, which occurrence or failure to occur would be likely to cause (x) any representation or warranty contained in this Agreement to be given to untrue or inaccurate in any Person under material respect at any Privacy Obligation, and provide Parent with time from the following information in reasonable detail (date hereof to the extent reasonably available date the Sale is consummated, or (y) any material failure of the Gilat Parties or Purchaser, as the case may be, or of any officer, director, employee or agent thereof, to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impactedcomply with or satisfy any covenant, if applicable), (B) a summary of efforts taken condition or anticipated agreement to be taken complied with or satisfied by it under this Agreement; provided, however, that no such notification shall affect the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (representations or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates warranties of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties Parties or the conditions to the obligations of the parties under this AgreementParties hereunder. ACCESS TO INFORMATION. FROM THE DATE OF THIS AGREEMENT UNTIL THE CONSUMMATION OF THE SALE, or THE GILAT PARTIES WILL, AND WILL CAUSE THE COMPANY AND THE OTHER GILAT BUSINESS ENTITIES TO, GIVE PURCHASER AND ITS AUTHORIZED AGENTS AND REPRESENTATIVES (BINCLUDING COUNSEL, ENVIRONMENTAL AND OTHER CONSULTANTS, ACCOUNTANTS AND AUDITORS) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warrantyFULL ACCESS DURING NORMAL BUSINESS HOURS TO ALL FACILITIES, PERSONNEL AND OPERATIONS AND TO ALL BOOKS, RECORDS, DOCUMENTS, CONTRACTS, AND FINANCIAL STATEMENTS RELEVANT TO THE CONDUCT OF THE BUSINESS, AND WILL PERMIT PURCHASER TO MAKE SUCH INSPECTIONS AS IT MAY REASONABLY REQUIRE AND WILL CAUSE THE EXECUTIVE OFFICERS OF EACH OF THE GILAT BUSINESS ENTITIES TO FURNISH PURCHASER WITH SUCH FINANCIAL AND OPERATING DATA AND OTHER INFORMATION WITH RESPECT TO THE BUSINESS AS PURCHASER MAY FROM TIME TO TIME REASONABLY REQUEST. Notwithstanding anything to the contrary in this AgreementPURCHASER AGREES THAT INFORMATION RECEIVED BY IT CONCERNING THE OPERATIONS OF THE BUSINESS SHALL BE CONSIDERED CONFIDENTIAL AND PURCHASER WILL NOT, the failure to deliver any such noticeAND WILL CAUSE ITS AGENTS AND REPRESENTATIVES NOT TO, in and of itselfUSE ANY INFORMATION OBTAINED PURSUANT TO SECTION 6.5(a) FOR ANY PURPOSE UNRELATED TO THE CONSUMMATION OF THE TRANSACTIONS CONTEMPLATED HEREBY. SUBJECT TO THE REQUIREMENTS OF LAW, shall not give rise to any right to terminate under Article VIII.PURCHASER WILL KEEP CONFIDENTIAL, AND WILL CAUSE ITS AGENTS AND

Appears in 1 contract

Samples: Acquisition Agreement (Rstar Corp)

Notification of Certain Matters. Parent and the The Company shall each give prompt notice to Parent and Merger Sub in writing (and shall subsequently keep Parent and Merger Sub informed on a current basis of any developments related to such notice) of: (i) any representation or warranty made by the other party if Company contained in this Agreement becoming untrue or inaccurate such that the conditions set forth in clause (iii)(c) of Annex A would not be satisfied or (x) any failure of the following occur after Company to comply with any covenant or agreement to be complied with by it under this Agreement such that the date conditions set forth in clause (iii)(d) of this Agreement: Annex A would not be satisfied; (aii) receipt the occurrence or existence of any Effect that, individually or in the aggregate, has had, or would reasonably be expected to have, a Material Adverse Effect and (iii) any written notice to or other written communication received by the receiving party Company or any Company Subsidiary from any third person alleging that the consent consent, approval, permission of or approval of waiver from such third person party is or may be required in connection with the Transactions; . Parent shall give prompt notice to the Company in writing (b) receipt and shall subsequently keep the Company informed on a current basis of any developments related to such notice) of any representation or warranty made by Parent or Merger Sub contained in this Agreement becoming untrue or inaccurate, or any failure of Parent or Merger Sub to comply with any covenant or agreement to be complied with by it under this Agreement, in each case, such that the failure to so comply or the becoming untrue or incorrect would reasonably be expected to prevent or materially delay consummation of the Transactions or otherwise prevent Parent or Merger Sub from performing their material obligations under this Agreement or of any written notice or other written communication received by Parent or Merger Sub from any Governmental Authorityperson alleging that the consent, the Nasdaq (approval, permission of or any other securities market) waiver from such party is required in connection with the Transactions; or (c) if . For clarity, unintentional failure to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited give notice under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent 6.6 shall not be deemed to amend be a breach of covenant under this Section 6.6 and shall constitute only a breach of the underlying representation, warranty, covenant or supplement agreement, as the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIcase may be.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Boingo Wireless, Inc.)

Notification of Certain Matters. Parent and the The Company shall each give prompt written notice to the other party if any of the following occur after the date of this Agreement: (a) receipt of any Parent, and Parent shall give prompt written notice to the receiving Company, upon obtaining knowledge of (a) any notice or other communication received by such party from any third Governmental Entity in connection with this Agreement, the Merger or the transactions contemplated hereby, or from any person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; Merger or the transactions contemplated hereby, (b) receipt any actions, suits, claims, investigations or proceedings commenced or, to such party’s knowledge, threatened against, relating to or involving or otherwise affecting such party or any of any notice or other communication from any Governmental Authorityits subsidiaries which relate to this Agreement, the Nasdaq (Merger or any other securities market) in connection with the Transactions; or transactions contemplated hereby, and (c) if any fact, event or circumstance known to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary it that would (i) in the case of the Company, individually or taken together with all other facts, events and circumstances known to it, has had, or would reasonably be expected to be material to have, individually or in the Company Groupaggregate, taken as a wholeMaterial Adverse Effect, or (ii) require would cause or constitute, or would reasonably be expected to cause or constitute, a breach in any notification to be given to material respect of any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, person’s representations, warranties, covenants or agreements contained herein, (iii) would cause, or would reasonably be expected to cause, the failure of any condition precedent to Parent’s or the Company’s obligations under this Agreement or (iv) would reasonably be expected to prevent, materially delay or materially impede the consummation of the parties transactions contemplated hereby; provided, however, that (x) the delivery of any notice pursuant to this Section 6.10 shall not limit or otherwise affect any remedies available to Parent or the Company, as applicable, or prevent or cure any misrepresentations, breach of warranty or breach of covenant or the conditions to the obligations of the parties under this Agreement, or and (By) disclosure by the Company or Parent shall not be deemed to amend or supplement the Company Disclosure Schedule or the Parent Disclosure Schedule, as applicable, or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, This Section 6.10 shall not give rise to any right to terminate under Article VIIIconstitute a covenant or agreement for purposes of Section 7.2(b) or 7.3(b).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ecollege Com)

Notification of Certain Matters. Parent and From the Agreement Date until the Effective Time, the Company shall each give prompt notice to the other party promptly, and in any event within two (2) Business Days notify Parent (i) if any of the following occur after the date of this Agreement: (a) receipt of Acquired Companies receives any written notice to the receiving party or other communication from any third person Person alleging that the consent or approval of such third person Person is or may be required in connection with the TransactionsMerger; (bii) receipt if any of the Acquired Companies receives any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) Body in connection with the TransactionsMerger; or (ciii) if any change or circumstance occurs that could reasonably be expected to delay or impede the Knowledge ability of the Company there has occurred, or if Parent obtains knowledge to perform its obligations pursuant to this Agreement and to effect the consummation of the occurrence of, as applicable, an event which would or would be reasonably likely Merger and the other Transactions. Prior to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy ObligationsClosing, and in each case subject except with respect to Section 6.02(a)any matters already disclosed to Parent pursuant to the preceding sentence, the Company shall notify Parent in writing if any change or circumstance occurs (or fails to occur) or any of the Acquired Companies receives any notice or other communication that, had it occurred on or before the date of this Agreement, would have been required to be disclosed to Parent pursuant to Article II of this Agreement. From the Agreement Date until the Effective Time, Parent shall promptly, and in any event within seventy-two (722) hoursBusiness Days, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of notify the Company or any Company Subsidiary that would (i) if Parent or Merger Sub receives any notice or other communication from any Person alleging that the consent of such Person is or may be required in connection with the Merger; (ii) if Parent or Merger Sub receives any notice or other communication from any Governmental Body in connection with the Merger; or (iii) if any change or circumstance occurs that could reasonably be expected to be material to delay or impede the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates ability of the foregoing information with respect Parent or Merger Sub to any such Data Breach reported perform their respective obligations pursuant to Parentthis Agreement and to effect the consummation of the Merger and the other Transactions. In no event shall (A) the The delivery of any notice by a party pursuant to this Section 6.12 5.10 shall not limit or otherwise affect any remedies available to the respective rights, obligations, Party receiving such notice or affect the representations, warranties, covenants or agreements of the parties Parties or the conditions to the obligations obligation of the parties Parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 1 contract

Samples: Agreement and Plan of Merger (United Online Inc)

Notification of Certain Matters. Parent and the Company shall each give prompt notice to the other party if any of the following occur after the date of this Agreement: (a) receipt of any written The Company shall give notice to the receiving party from any third person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; (b) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, Acquiror promptly upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) any occurrence, or failure to occur, of any event, which occurrence or failure to occur has caused or would reasonably be expected to be material cause any condition to the Company Group, taken as a whole, obligations of the Acquiror to effect the Merger and the other transactions contemplated by this Agreement not to be satisfied or (ii) require the failure of the Company to comply with or satisfy any notification covenant, condition or agreement to be given complied with or satisfied by its pursuant to this Agreement which would reasonably be expected to result in any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (condition to the extent reasonably obligations of the Acquiror to effect the Merger and the other transactions contemplated by this Agreement not to be satisfied (it being agreed that the giving of any such notice shall not constitute a waiver of the 15 day cure period after notice of breach set forth in Section 9.1(e)); provided, however, that the delivery of any notice pursuant to this Section 6.8(a) shall not cure any breach of any representation or warranty, the failure to comply with any covenant, the failure to meet any condition or otherwise limit or affect the remedies available hereunder to the Company): Acquiror; provided further, that if (A) such notice relates to an event or circumstance occurring subsequent to the nature and scope date hereof (without breach of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicableSection 6.1 or Section 6.7), (B) such notice is accompanied by a summary written statement from the Company, informing the Acquiror that the Acquiror is entitled to terminate this Agreement in accordance with the provisions of efforts taken or anticipated to Section 9.1(e) as a result of such notice (which statement shall be taken by binding on the Company to investigate, remediate, mitigate and contain such Data Breach Company) and (C) any notifications provided (the Acquiror would, in fact, have the right to terminate this Agreement pursuant to Section 9.1(e) as a result of the information so disclosed in such notice and it does not exercise such right prior to the Closing, then such supplemental information shall constitute an amendment of the representation, warranty or anticipated or otherwise required statement to which it relates for purpose of Article VII of this Agreement such that the Acquiror shall not be provided) entitled to any Governmental Authority, impacted individual or other third party indemnification with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), matter to the Company shall provide Parent with reasonable periodic updates extent of the foregoing information with respect to any so disclosed; provided, further, that if such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions supplemental information is provided to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.Acquiror less than two

Appears in 1 contract

Samples: Agreement and Plan of Merger (Rsa Security Inc/De/)

Notification of Certain Matters. Parent and the Company shall each give prompt notice to the other party Company if any of the following occur occurs after the date of this Agreement: (ai) receipt of any written notice to the receiving party or other communication in writing from any third person alleging that the consent or approval Consent of such third person is or may be required in connection with the Transactionstransactions contemplated by this Agreement, other than a Consent disclosed pursuant to Section 3.4 or 3.5 above or not required to be disclosed pursuant to the terms thereof; (bii) receipt of any material notice or other communication from any Governmental AuthorityAuthority (including, but not limited to, the Nasdaq (NYSE or any other securities marketexchange) in connection with the Transactionstransactions contemplated by this Agreement; or (ciii) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence ofof any Event or Events which, as applicableindividually or in the aggregate, an event which would or would be is reasonably likely to result in have a Parent Material Adverse Effect; (iv) the failure commencement or threat of any condition set forth Litigation involving or affecting Parent or Merger Sub, or any of their respective properties or assets, or, to its knowledge, any employee, agent, director or officer of Parent or Merger Sub, in Article VII his or her capacity as such or as a fiduciary under a Benefit Plan of Parent, which relates to be satisfiedthe consummation of the Merger; and (v) the occurrence of any Event that is reasonably likely to cause a breach by Parent of any provision of this Agreement. Without limiting If Parent receives an administrative or other order or notification relating to any violation or claimed violation of the foregoingrules and regulations of any Governmental Authority that could affect the ability of Parent, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), Merger Sub or the Company shall notify to consummate the transactions contemplated hereby, or should Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming become aware of any unauthorized access fact including any change in law or use of regulations (or any sensitive interpretation thereof) that is reasonably likely to cause such Governmental Authority to withhold its consent to or confidential information, including Personally Identifiable Information, in the possession or control approval of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to Merger and the transactions contemplated hereunder, Parent shall promptly notify the Company Group, taken and Parent shall use commercially reasonable efforts to take such steps as a whole, or (ii) require any notification may be necessary to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to remove any such Data Breach reported to Parent. In no event shall (A) the delivery impediment of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties Parent or the conditions Merger Sub to consummate the obligations of the parties under transactions contemplated by this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Terex Corp)

Notification of Certain Matters. Parent During the Interim Period, the Sellers and the Company shall each give prompt notice promptly notify the Purchaser of (a) any material actions, suits, claims or proceedings in connection with the transactions contemplated by this Agreement that, to the other party if Knowledge of the Sellers, are commenced or threatened against any of the following occur after Sellers, the date of this Agreement: Company, or the Purchaser, as the case may be, (ab) receipt the occurrence or non-occurrence of any written fact or event which would be reasonably likely to cause any condition set forth in Article VI not to be satisfied, (c) any notice of, or other communication relating to, a default or event that, with notice or lapse of time or both, would become a default under any Material Contract, (d) the occurrence or existence of any fact, circumstance or event which would reasonably be expected, individually or in the aggregate, to result in any representation or warranty made by the receiving party Sellers in this Agreement or in any schedule, exhibit or certificate or delivered herewith, to be untrue or inaccurate, (e) any notice or other communication from any third person Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; transactions contemplated by this Agreement, or (bf) receipt the occurrence of any notice event, circumstance, development, state of facts, occurrence, change or other communication from any Governmental Authority, the Nasdaq (effect which has had a Material Adverse Effect or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence ofor non-occurrence of any event, as applicablecircumstance, an event development, state of facts, change or effect which would reasonably be expected, individually or would be reasonably likely in the aggregate, to result in a Material Adverse Effect; provided, that no such notification, nor the failure of any condition set forth in Article VII obligation to be satisfied. Without limiting the foregoingmake such notification, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warrantieswarranties or covenants, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreementof, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIISellers.

Appears in 1 contract

Samples: Stock Purchase Agreement (Gambling.com Group LTD)

Notification of Certain Matters. Parent Between the date hereof and the Company shall Closing, each party to this Agreement will give prompt notice in writing to the other parties hereto of: (i) any information that indicates that any representation or warranty of such party if any contained herein was not true and correct as of the following occur after date hereof, (ii) the date of this Agreement: (a) receipt occurrence of any written event which could result in the failure to satisfy a condition specified in Article 6 or Article 7 hereof, as applicable, (iii) any notice to the receiving party or other communication from any third person alleging that the consent or approval of such third person is or may be required in connection connec tion with the Transactions; transactions contemplated by this Agreement, and (biv) receipt in the case of the Stockholders and the Companies, any notice of, or other communication relating to, any default or event which, with notice or lapse of time or both, would become a default under any material Company Agreement. Each of X. Xxxxx, X. Xxxxx, X. Xxxxx and Xxxxxxxx shall (x) promptly advise UAG of any event of which he has knowledge that has, or could reasonably be expected to have, a Material Adverse Effect, (y) confer on a regular basis with one or more designated representatives of UAG to report operational matters and to report the general status of ongoing operations, and (z) notify UAG of any emergency or other change in the normal course of business or in the operation of the properties of the Companies and of any governmental complaints, investigations or hearings (or communications indicating that the same may be contemplated) or adjudicatory proceedings involving the Companies or any of their assets or operations, and will keep UAG fully informed of such events and permit UAG's representatives access to all materials prepared in connection therewith. Each Stockholder shall give prompt notice to UAG of any notice or other communication from any Governmental Authoritythird person asserting any right, the Nasdaq (title or interest in any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurredShares held by the Stockholder (including, without limitation, any threat to commence, or if Parent obtains knowledge notice of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure commencement of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual action or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information proceeding with respect to any of such Data Breach reported to Parent. In no event shall (AShares) or the delivery occurrence of any notice by a party pursuant other event of which the Stockholder has knowledge which could result in any failure to this Section 6.12 limit or otherwise affect consummate the respective rights, obligations, representations, warranties, covenants or agreements sale of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIStockholder's Shares as contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (United Auto Group Inc)

Notification of Certain Matters. Parent and the Company Each Shareholder shall each give prompt notice to Buyers of (i) any fact, event or circumstance known to it that individually or taken together with all other facts, events and circumstances known to it has had or is reasonably likely to have, individually or in the other party if aggregate, a material adverse effect on the condition (financial or otherwise), operations, prospects or results of operations of the Acquired Company and Atiam, or that would cause or constitute a breach of any of the following occur after the date of this Agreement: its representations, warranties, covenants or agreements contained herein, (aii) receipt of any written notice fact, event or circumstance known to the receiving party from any third person alleging it that the consent individually or approval of such third person taken together with all other facts, events and circumstances known to it has had or is or may be required in connection with the Transactions; (b) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth precedent to Buyers’ obligations hereunder, (iii) any notice or other communication from any third party alleging that the consent of such third party is or may be required in Article VII connection with the Merger, (iv) any notice or other communication from any Governmental Entity in connection with the Merger, or (v) any Actions commenced relating to be satisfiedany Shareholder, the Acquired Company or Atiam that, if pending on the date of this Agreement, would have been required to have been disclosed pursuant to Section 3.16; provided however, that the delivery of any notice pursuant to this Section 5.7 shall not limit or otherwise affect any remedies available to Buyers or prevent or cure any misrepresentations, breach of warranty or breach of covenant. Without limiting the foregoing, unless prohibited under any Privacy Obligations, prior to the Closing the Acquired Company and in each case subject Shareholders shall promptly disclose to Section 6.02(a), the Company shall notify Parent Buyer in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, information set forth in the possession or control Disclosure Schedule which has become inaccurate and any information of the Company or any Company Subsidiary nature of that set forth in the Disclosure Schedule which arises after the date hereof and which would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise have been required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and included in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to if such information had existed on the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIdate hereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Health Benefits Direct Corp)

Notification of Certain Matters. Parent and Seller sha ll, upon obtaining knowledge of any of the Company shall each following, give prompt notice to the other party if Parent, and Parent shall, upon obtaining knowledge of any of the following occur after following, give prompt notice to Seller, of (i) the occurrence or non-occurrence of any event the occurrence or non-occurrence of which would reasonably be likely to cause any representation or warranty of such Party contained in this Agreement, which is qualified as to materiality, to be untrue or inaccurate, or any representation or warranty of such Party not so qualified, to be untrue or inaccurate in any material respect, at or prior to the Closing Date, (ii) any failure in any material respect of any of Seller, Parent or Purchaser, as the case may be, to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it hereunder, (iii) the occurrence or non-occurrence of any event the occurrence or non-occurrence of which would be likely to cause any condition to the obligations of any Party to effect the transactions contemplated he reby not to be satisfied, (iv) any notice or other written communication from any Governmental Authority in connection with the transactions contemplated by this Agreement, (v) any Actions (or communications indicating that the same may be contemplated) commenced or threatened against any of Seller, Parent or Purchaser, as the case may be, or any of their respective Subsidiaries which, if pending on the date of this Agreement: (a) receipt of any written notice hereof, would have been required to have been disclosed pursuant to Section 3.10 or Section 4.06 or which relate to the receiving party consummation of the transactions contemplated by this Agreement or (vi) any notice or other communication from any third person party alleging that the consent or approval of such third person party is or may be required in connection with the Transactionstransactions contemplated by this Agreement; (b) receipt of any notice or other communication from any Governmental Authorityprovided that, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 6.07 shall not cure such breach or non-compliance or limit or otherwise affect the respective rights, obligations, representations, warranties, covenants rights or agreements of the parties or the conditions remedies available hereunder to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any Party receiving such notice. Seller shall consult with Parent, and consider reasonable requests made by Parent, regarding the attachment of Seller Shares held by certain customers of Seller in and of itself, shall not give rise to any right to terminate under Article VIIIconnection with debt collection proceedings against such customers.

Appears in 1 contract

Samples: Acquisition Agreement

Notification of Certain Matters. Parent and the Company (a) Sellers shall each give prompt written notice to Buyer of (1) the other party occurrence or nonoccurrence of any change, fact, circumstance, condition or event, the occurrence or nonoccurrence of which would render any representation or warranty of Sellers contained in this Agreement or any Ancillary Agreement, if any of the made on or immediately following occur after the date of this Agreement: such event, untrue or inaccurate such that the Business as conducted by Sellers would be materially adversely affected, (a2) receipt the occurrence of any written change, fact, circumstance, condition or event that has had or is reasonably likely to have a Business Material Adverse Effect, (3) any failure of a Seller to comply with or satisfy any covenant or agreement to be complied with or satisfied by it hereunder, which failure would result in the conditions set forth in Section 5.1 not being satisfied, (4) any notice to the receiving party or other communication from any third person Person party to a Designated Contract for which consent is required under Section 5.1 or any other Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; consummation of the transactions contemplated by this Agreement or the Ancillary Agreements or (5) any legal action, lawsuit or court or arbitration proceeding pending or, to Sellers’ Knowledge, threatened against a Party or the Parties relating to the transactions contemplated by this Agreement or the Ancillary Agreements. (b) receipt Any change, fact, circumstance, condition or event included in a notice delivered pursuant to Section 4.8(a) shall not be deemed to have cured any inaccuracy in or breach of any notice representation or other communication from any Governmental Authority, the Nasdaq (warranty contained in this Agreement or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rightsrights or remedies available under this Agreement to Buyer, obligations, representations, warranties, covenants or agreements including for purposes of the parties indemnification or termination rights contained in this Agreement and determining whether the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warrantyset forth in Section 5.1 have been satisfied. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.4.9

Appears in 1 contract

Samples: Asset Purchase Agreement (Trinity Industries Inc)

Notification of Certain Matters. Parent and the The Company shall each give prompt written notice to the other party if any of the following occur after the date of this Agreement: (a) receipt of any Holdings, and Holdings shall give prompt written notice to the receiving Company, upon obtaining knowledge of (i) any notice or other communication received by such party from any third Governmental Entity in connection with this Agreement, the Merger or the transactions contemplated hereby, or from any person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; Merger or the transactions contemplated hereby, (bii) receipt any Actions commenced or, to such party’s knowledge, threatened against, relating to or involving or otherwise affecting such party or any of any notice or other communication from any Governmental Authorityits subsidiaries which relate to this Agreement, the Nasdaq Merger or the transactions contemplated hereby, and (iii) any fact, event or any other securities marketcircumstance known to it that (a) in connection with the Transactions; or (c) if to the Knowledge case of the Company there Company, individually or taken together with all other facts, events and circumstances known to it, has occurredhad, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to have, individually or in the Company Groupaggregate, taken as a wholeMaterial Adverse Effect, (b) would cause or constitute, or (ii) require would reasonably be expected to cause or constitute, a breach in any notification to be given to material respect of any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, person's representations, warranties, covenants or agreements contained herein, (c) would cause, or would reasonably be expected to cause, the failure of any condition precedent to Holdings’ or the Company’s obligations under this Agreement or (d) would reasonably be expected to prevent, materially delay or materially impede the consummation of the parties transactions contemplated hereby; provided, however, that (x) the delivery of any notice pursuant to this Section 6.12 shall not limit or otherwise affect any remedies available to Holdings or the Company, as applicable, or prevent or cure any misrepresentations, breach of warranty or breach of covenant or the conditions to the obligations of the parties under this Agreement, or and (By) disclosure by the Company or Parent Holdings shall not be deemed to amend or supplement the Company Disclosure Schedule or the Holdings Disclosure Schedule, as applicable, or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, This Section 6.12 shall not give rise to any right to terminate under Article VIIIconstitute a covenant or agreement for purposes of Section 7.2(b) or Section 7.3(b).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Wrigley Wm Jr Co)

Notification of Certain Matters. Parent and the Company The Purchaser shall each give prompt notice to the Vendor, and the Vendor shall give prompt notice to the Purchaser, of (i) the occurrence or non-occurrence, of any event the occurrence or non-occurrence of which would be likely to cause (a) any representation or warranty contained in this Agreement to be untrue or inaccurate; or (b) any covenant, condition or agreement not to be complied with or satisfied; (ii) any failure of the Purchaser or the Vendor, as the case may be, to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it hereunder; (iii) subject to Section 6.1 and 7.1, any lease, sublease, licence or other party if agreement entered into by the Purchaser, the Corporation, any of the following occur Corporation's Subsidiaries or franchisees to occupy real property after the date of this Agreement: (a) receipt of Agreement and any written notice amendment to the receiving party from any third person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; (b) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurredLeases or the CPI Leases; provided, or if Parent obtains knowledge of the occurrence ofhowever, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 8.2 shall not limit or otherwise affect the respective rights, obligations, representations, warranties, covenants remedies available hereunder to the parties receiving such notice. The Purchaser shall give prompt notice to the Vendor of any price increases it makes. The Purchaser and the Vendor will promptly supplement or agreements amend all of the parties Schedules and Exhibits hereto with respect to any matter hereafter arising which, if existing or occurring at the conditions to the obligations date of the parties under this Agreement, would have been required to be set forth or described in such Schedule and Exhibit hereto (Bor provide a certificate of an officer certifying to which Schedules and Exhibits do not need to be supplemented or amended pursuant to the terms of this Agreement) disclosure by at the Company following times: (i) November 26, 1997; (ii) ten Business Days prior to the day of the CPI meeting; and (iii) at the Closing. No supplement or Parent amendment of a Schedule or Exhibit made pursuant to this Section shall be deemed to amend cure any breach of, affect or supplement the Company Disclosure Schedule or constitute an exception to otherwise diminish any representation or warranty. Notwithstanding anything to the contrary warranty made in this Agreement, Agreement unless the failure to deliver any such notice, other party hereto specifically agrees thereto in and of itself, shall not give rise to any right to terminate under Article VIIIwriting.

Appears in 1 contract

Samples: Acquisition Agreement (Coffee People Inc)

Notification of Certain Matters. Parent (a) Between the date hereof and the Company Closing, the Stockholder, the Acquired Company, and each of them, shall each give prompt notice in writing to the other party if Buyer of: (i) the occurrence, or failure to occur, of any event known to the Stockholder or the Acquired Company, which occurrence or failure would be likely to cause any representation or warranty of the following occur after Acquired Company or the date of Stockholder contained in this Agreement: Agreement to be untrue or inaccurate to the extent such occurrence or failure would cause a Material Adverse Effect on the Acquired Company, (aii) receipt of any written notice to or other communication received by the receiving party Acquired Company or the Stockholder from any third person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; transactions contemplated by this Agreement, (biii) receipt of any written notice or other communication received by the Acquired Company or the Stockholder from any Governmental Authority, the Nasdaq (governmental or any other securities market) regulatory agency or authority in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken transactions contemplated by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, (iv) any actions, suits, claims, investigations or (B) disclosure proceedings known to the Stockholder or the Acquired Company, which relate directly to the Acquired Company or to any of the assets used by the Acquired Company in connection with its business, commenced or overtly threatened against the Acquired Company or Parent be deemed the Stockholder or relating to amend or supplement involving or affecting the Acquired Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything which relate to the contrary in consummation of the transactions contemplated by this Agreement, and (v) any material failure known to the failure Stockholder or the Acquired Company, or any officer, director, employee or agent thereof to deliver comply with or satisfy any such noticecovenant, in and of itself, shall not give rise condition or agreement to any right to terminate under Article VIIIbe complied with or satisfied by it hereunder.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Patient Infosystems Inc)

Notification of Certain Matters. Parent and the Company shall each give prompt notice to the other party Big Stuff if any of the following occur after from the date of this AgreementRestated Agreement through the Closing Date: (ai) receipt any notice of, or other communication relating to, a default or Event which, with notice or lapse of time or both, would become a default under any written notice to the receiving party from any third person alleging that the consent or approval of such third person is or may be required in connection with the TransactionsParent Material Contract which could have a Parent Material Adverse Effect; (bii) receipt of any notice or other communication from any Governmental Authoritythird party alleging that the Consent of such third party is or may be required in connection with the transactions contemplated by this Restated Agreement; (iii) receipt of any material notice or other communication from any regulatory authority (including, but not limited to, the Nasdaq (NYSE or any other securities marketexchange) in connection with the Transactionstransactions contemplated by this Restated Agreement; (iv) receipt of any notice of or other communication regarding or otherwise obtaining knowledge of an Event which would have a Parent Material Adverse Effect; (cv) if to the Knowledge receipt of the Company there has occurred, any notice of or if Parent obtains other communication regarding or otherwise obtaining knowledge of the occurrence of, as applicable, an event which would commencement or would be reasonably likely to result in the failure threat of any condition set forth Litigation involving or affecting Parent or any Active Parent Subsidiary or any of their respective properties or assets, or, to its knowledge, any employee, agent, director or officer, in Article VII his or her capacity as such, of Parent or any Active Parent Subsidiary which, if pending on the date hereof, would have been required to be satisfied. Without limiting have been disclosed in this Restated Agreement or which relates to the foregoing, unless prohibited under consummation of the Merger or any Privacy Obligations, and material development in each case subject to Section 6.02(a), the Company shall notify connection with any Litigation disclosed by Parent in writing promptly, and in any event within seventy-two or pursuant to this Restated Agreement or the Parent Securities Filings; (72vi) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery receipt of any notice by a party pursuant to this Section 6.12 limit of or other communication regarding or otherwise affect obtaining knowledge of any Event that could cause a breach by Parent of any provision of this Restated Agreement or any Parent Transaction Agreement, including such a breach that could occur if such Event had taken place on or prior to the respective rightsdate of this Restated Agreement; and (vii) amendment, obligations, representations, warranties, covenants modification or agreements waiver of any provision of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIIonex Agreement referenced on SCHEDULE 3.7 hereto.

Appears in 1 contract

Samples: Big Stuff Agreement (Advanced Communications Group Inc/De/)

Notification of Certain Matters. (a) The Company shall give prompt notice to Parent and the Company Merger Sub, and Parent and Merger Sub shall each give prompt notice to the other party if Company, of (i) the occurrence or nonoccurrence of any fact or Event the occurrence or nonoccurrence W02-SD:6AFP1\51393538 -47- Agreement and Plan of Merger 09EY-117690 PAGE of which would be likely to cause any representation or warranty contained in this Agreement to be Materially untrue or inaccurate at or prior to the Closing Date, (ii) the discovery or receipt of information or Actual Knowledge concerning any fact or circumstance which would be likely to cause any representation or warranty contained in this Agreement to be Materially untrue or inaccurate at or prior to the Closing Date, (iii) any failure of the following occur after Company, Parent or Merger Sub, as the date of this Agreement: case may be, to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it hereunder, (aiv) receipt of any written notice to the receiving party or other communication from any third person party alleging that the consent or approval Consent of such third person party is or may be required in connection with the Transactions; (b) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; or (cv) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event any Events which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary a Material Adverse Effect; provided that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any Event, information, knowledge, failure, notice or communication referred to in clauses (i) through (iv) next above, a Party shall not be required to provide notice pursuant to this Section 5.7 unless such Data Breach reported Event, information, knowledge, failure, notice or communication, taken together with all other Events, information, knowledge, failures, notices or communications described but not previously notified pursuant to this Section 5.7, shall be material to Parent, Merger Sub or the Company. In no event shall (A) the The delivery of any notice by a party pursuant to this Section 6.12 5.7 shall not cure such Breach or non compliance or limit or otherwise affect the respective rights, obligations, representations, warranties, covenants obligations or agreements of the parties or the conditions remedies available hereunder to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any Party receiving such notice, in and of itself, shall not give rise to any right to terminate under Article VIII.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Spacedev Inc)

Notification of Certain Matters. Parent Between the date hereof and the Company shall Closing, each party to this Agreement will give prompt notice in writing to the other parties hereto of: (i) any information that indicates that any representation or warranty of such party if any contained herein was not true and correct as of the following occur after date hereof, (ii) the date of this Agreement: (a) receipt occurrence of any written event which could result in the failure to satisfy a condition specified in Article 6 or Article 7 hereof, as applicable, (iii) any notice to the receiving party or other communication from any third person alleging that the consent or approval of such third person is or may be required in connection with the Transactions; transactions contemplated by this Agreement, and (biv) receipt in the case of the Stockholders and the Companies, any notice of, or other communication relating to, any default or event which, with notice or lapse of time or both, would become a default under any material Company Agreement. Each of X. Xxxxx, X. Xxxxx, X. Xxxxx and Xxxxxxxx shall (x) promptly advise UAG of any event of which he has knowledge that has, or could reasonably be expected to have, a Material Adverse Effect, (y) confer on a regular basis with one or more designated representatives of UAG to report operational matters and to report the general status of ongoing operations, and (z) notify UAG of any emergency or other change in the normal course of business or in the operation of the properties of the Companies and of any governmental complaints, investigations or hearings (or communications indicating that the same may be contemplated) or adjudicatory proceedings involving the Companies or any of their assets or operations, and will keep UAG fully informed of such events and permit UAG's representatives access to all materials prepared in connection therewith. Each Stockholder shall give prompt notice to UAG of any notice or other communication from any Governmental Authoritythird person asserting any right, the Nasdaq (title or interest in any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurredShares held by the Stockholder (including, without limitation, any threat to commence, or if Parent obtains knowledge notice of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure commencement of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual action or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information proceeding with respect to any of such Data Breach reported to Parent. In no event shall (AShares) or the delivery occurrence of any notice by a party pursuant other event of which the Stockholder has knowledge which could result in any failure to this Section 6.12 limit or otherwise affect consummate the respective rights, obligations, representations, warranties, covenants or agreements sale of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIStockholder's Shares as contemplated hereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (United Auto Group Inc)

Notification of Certain Matters. Parent and Each of the Company and Parent shall each give prompt notice to promptly notify the other party if any of the following occur after the date of this Agreement: (a) receipt of any written notice to the receiving or other communication received by such party from any third person Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; (b) receipt of any notice Offer or other communication from any Governmental Authoritythe Merger, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that obtain such consent would (i) reasonably be expected to be material to the Company Groupand its Subsidiaries, taken as a whole, or materially affect the consummation of the Offer or the Merger, (b) any Legal Proceedings commenced or, to such party’s Knowledge, threatened against, any Company Entity or Parent or any of Parent’s Subsidiaries, that purport to materially impede or delay the consummation of the Offer or the Merger, or that make allegations that, if true, would, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect and (c) (i) in the case of the Company, the Knowledge by the Company of any breach of or inaccuracy in its representations or warranties set forth herein or failure to perform its covenants or agreements set forth herein to the extent such inaccuracy, breach or failure to perform would give rise to the failure of any Offer Condition set forth in clauses (iv) or (v) of paragraph (c) of Annex I, or (ii) require in the case of Parent, the Knowledge by Parent of any notification breach of or inaccuracy in the representations or warranties of Parent or Merger Sub set forth herein or failure to be given to any Person under any Privacy Obligation, perform the covenants or agreements of Parent and provide Parent with the following information in reasonable detail (Merger Sub set forth herein to the extent such inaccuracy, breach or failure to perform would reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject expected to, and individually or in accordance withthe aggregate, Section 6.02(a)prevent or materially delay the ability of Parent or Merger Sub to consummate the transactions contemplated by this Agreement; provided, the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) however, that the delivery of any notice by a party pursuant to this Section 6.12 6.13 shall not cure any breach of any representation, warranty, obligation, covenant or agreement contained in this Agreement or otherwise limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions remedies available hereunder to the obligations of the parties under this Agreementparty receiving such notice; and provided, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreementfurther, that the failure to deliver any such noticenotice shall not, in and of itself, shall not give rise to any right an incremental breach for purposes of Section 8.01 or clauses (iv) or (v) of paragraph (c) of Annex I, separate and apart from the relevant underlying inaccuracy, breach or failure to terminate under Article VIIIperform giving rise to the requirement to deliver the notice.

Appears in 1 contract

Samples: Agreement and Plan of Merger (ZS Pharma, Inc.)

Notification of Certain Matters. Parent and the The Company shall each give provide prompt written notice to the other party if any of the following occur after the date of this Agreement: Parent upon becoming aware (a) receipt that any representation or warranty made by such Party in this Agreement was, when made or subsequently has become untrue, (b) of any written notice failure by such Party to comply with or satisfy any of its covenants or agreements hereunder, (c) of the occurrence or nonoccurrence of any event that could reasonably be expected to cause any condition precedent to any obligation of any Party to consummate the Transactions (including the Merger) not to be satisfied at or prior to the receiving party Closing Date, (d) of any notice or other communication from any third person Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; Transactions (bincluding the Merger), (e) receipt of any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) Authority in connection with the Transactions; or Transactions (cincluding the Merger), (f) if to the Knowledge of the Company there has occurred, commencement or if Parent obtains knowledge threat of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure commencement of any condition set forth in Article VII Action regarding the Transactions (including the Merger) or otherwise relating to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a wholeits business, or (iig) require of any notification to be given to any Person under any Privacy Obligationother Portions of this Exhibit, indicated by the xxxx “[***]”, were omitted and provide Parent have been filed separately with the following information in reasonable detail (Securities and Exchange Commission pursuant to the extent reasonably available Registrant’s application requesting confidential treatment pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. CONFIDENTIAL TREATMENT REQUESTED material development affecting the assets, Liabilities, business, financial condition or operations of the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable)included, (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject but not limited to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates any of the foregoing information with respect License Agreement, that could be reasonably expected to any such Data Breach reported to Parent. In no event shall (A) cause a Company Material Adverse; provided, however, that neither the delivery of any notice by a party pursuant to this Section 6.12 limit 5.7 nor obtaining any information or knowledge in any investigation pursuant to Section 5.5 or otherwise affect the respective rightsshall (i) cure any breach of, obligationsor non-compliance with, representationsany representation or warranty requiring disclosure of such matter, warranties, covenants or agreements any breach of the parties or the conditions to the obligations any other provision of the parties under this Agreement, (ii) amend or (B) supplement any scheduled disclosure made by the Company in ARTICLE III or Parent be deemed to amend or supplement (iii) limit the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything remedies available to the contrary in this AgreementParty receiving, the failure or entitled to deliver any receive, such notice, in and of itselfincluding remedies pursuant to ARTICLE II (Merger), shall not give rise to any right to terminate under Article VIIIARTICLE VI (Conditions Precedent), ARTICLE VII (Termination), ARTICLE VIII (Indemnification) or ARTICLE IX (Misc.).

Appears in 1 contract

Samples: Confidential Treatment Requested (Dare Bioscience, Inc.)

Notification of Certain Matters. Parent From and after the Company date hereof until consummation of the Final Closing, Seller shall each give prompt notice to the other party if any Buyer, and Buyer shall give prompt notice to Seller, upon receiving Knowledge of the following occur after the date of this Agreement: (a) receipt any notice, complaint, investigation or hearing (or communications indicating that the same may be contemplated) of any Governmental Authority in connection with this Agreement or the transactions contemplated hereby, (b) any written notice to the receiving party from of any third person Person (other than a Governmental Authority) alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; (b) receipt of any notice or other communication from any Governmental Authoritytransactions contemplated hereby, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if any actions, suits, claims, investigations or proceedings commenced or, to such party’s Knowledge, threatened in writing against, relating to or involving or otherwise affecting such party or any of its Subsidiaries which relate to this Agreement or the Knowledge of the Company there has occurredtransactions contemplated hereby, (d) any fact, event or if Parent obtains knowledge of the occurrence of, as applicable, an event which circumstance that would or would be reasonably likely to result in the failure cause or constitute a breach of any condition set forth in Article VII to be satisfied. Without limiting the foregoingof its representations, unless prohibited under warranties, covenants or agreements contained herein, or (e) any Privacy Obligationsmaterial change, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access effect or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary circumstance that would (i) reasonably be expected to be material give rise to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information failure of a condition precedent in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance withSection 7.1, Section 6.02(a7.2 (in the case of Seller) or Section 7.3 (in the case of Buyer); provided, the Company however, that no such notification shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties herein or the conditions to the obligations of the parties under this Agreementhereunder or the remedies available hereunder to any party. Promptly following distribution to or receipt from any regulatory and/or law enforcement agency, civil plaintiff or HNR Stockholder, as applicable, Seller shall provide Buyer with all documents related to any communication or request for information, including any pleadings, court documents or correspondence, to or from any regulatory and/or law enforcement agency, civil plaintiff or HNR Stockholder regarding a violation or potential violation of any Law by HNR or any of its Subsidiaries or, to the extent accessible by HNR or Seller, by Petrodelta or any of its Subsidiaries, or (B) disclosure by the Company or Parent be deemed any of their respective directors, officers, employees, or, to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this AgreementSeller’s Knowledge, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIRepresentatives.

Appears in 1 contract

Samples: Share Purchase Agreement (Harvest Natural Resources, Inc.)

Notification of Certain Matters. Parent (A) Between the date hereof and the Closing, each Party to this Agreement after obtaining actual knowledge (and for purposes of this Section 5.9, "actual knowledge" of the Stockholder or the Company shall each mean the "Knowledge of the Stockholder" as defined in the preface to this Agreement) will give prompt notice in writing to the other party if Party hereto of (i) any information that indicates that any representation and warranty of such Party contained herein was not true and correct as of the following occur after date made, or will not be true and correct as of the date of this Agreement: Closing; (aii) receipt the occurrence of any written event which could result in the failure to satisfy a condition specified in Article 6 or Article 7 hereof, as applicable; (iii) any notice to the receiving party or other communication from any third person alleging that the consent or approval of such third person is or may be required in connection with the Transactionstransactions contemplated by this Agreement; and (iv) in the case of the Stockholder and the Company, any notice of, or other communication relating to, any default or event which, with notice or lapse of time or both, would become a default under any Company Agreement set forth on SCHEDULE 2.15. The Company and the Stockholder will: (a) promptly advise Sunbelt of any event that has, or could reasonably be expected in the future to have, a Material Adverse Effect on the Company; (b) receipt confer on a regular and frequent basis with one or more designated representatives of Sunbelt to report operational matters and to report the general status of ongoing operations; and (c) notify Sunbelt of any emergency or other change in the normal course of business or relating to the Real Property or Improvements of the Company and of any complaints, investigations or hearings (or communications indicating that the same may be contemplated) of any Governmental Authority or adjudicatory proceedings involving the Company, the Real Property or the Improvements and will keep Sunbelt fully informed of such events and permit Sunbelt's representatives access to all materials prepared in connection therewith. The Stockholder shall give prompt notice to Sunbelt of any notice or other communication from any Governmental Authoritythird person asserting any right, the Nasdaq (title or interest in any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurredShares held by the Stockholder, including, without limitation, any threat to commence, or if Parent obtains knowledge notice of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure commencement of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual action or other third party proceeding with respect to such Data Breach. Subject tothe Shares held by the Stockholder, and or the occurrence of any other event of which the Stockholder has Knowledge which could result in accordance with, Section 6.02(a), any failure by the Company shall provide Parent with reasonable periodic updates Stockholder to consummate the sale of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIShares as contemplated hereby.

Appears in 1 contract

Samples: Moss Robertson Stock Purchase Agreement (Sunbelt Automotive Group Inc)

Notification of Certain Matters. Parent and During the Company Interim Period, (x) each Party shall each give prompt notice to the other party Parties if such Party or its Affiliates, and (y) the Company shall give prompt notice to the Purchaser if, to the Company’s Knowledge, any of the following occur after the date of this AgreementTarget or its Affiliates: (a) receipt of fails to comply with or satisfy any written covenant, condition or agreement to be complied with or satisfied by it or its Affiliates hereunder, under the Cerevast Acquisition Agreement, under the Aegeria Acquisition Agreement, or under the Novokera Acquisition Agreement, in any material respect; (b) receives any notice to the receiving party or other communication in writing from any third person party (including any Governmental Authority) alleging (i) that the consent or approval Consent of such third person party is or may be required in connection with the Transactionstransactions contemplated by this Agreement or the transactions contemplated by the Cerevast Acquisition Agreement, the Aegeria Acquisition Agreement, or the Novokera Acquisition Agreement, or (ii) any non-compliance with any Law by such Person or its Affiliates; (bc) receipt of receives any notice or other communication from any Governmental Authority, the Nasdaq (or any other securities market) Authority in connection with the Transactions; transactions contemplated by this Agreement or (c) if to the Knowledge of transactions contemplated by the Company there has occurredCerevast Acquisition Agreement, the Aegeria Acquisition Agreement, or if Parent obtains knowledge the Novokera Acquisition Agreement; (d) discovers any fact or circumstance that, or becomes aware of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure non-occurrence of any condition set forth in Article VII to be satisfied. Without limiting event the foregoingoccurrence or non-occurrence of which, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to make any representation or warranty. Notwithstanding anything to the contrary warranty contained in this Agreement, the failure Cerevast Acquisition Agreement, the Aegeria Acquisition Agreement, or the Novokera Acquisition Agreement false or untrue, would constitute a breach of any covenant or agreement contained in this Agreement, the Cerevast Acquisition Agreement, the Aegeria Acquisition Agreement, or the Novokera Acquisition Agreement, or would reasonably be expected to deliver cause or result in any such noticeof the conditions to the Closing set forth in this Agreement, the Cerevast Acquisition Agreement, the Aegeria Acquisition Agreement, or the Novokera Acquisition Agreement not being satisfied or the satisfaction of those conditions being materially delayed; or (e) becomes aware of the commencement or threat, in and writing, of itselfany Action against such Person or any of its Affiliates, or any of their respective properties or assets, or, to the actual knowledge of such Person, any officer, director, partner, member or manager, in his, her or its capacity as such, of such Person or of its Affiliates with respect to the consummation of the transactions contemplated by this Agreement, or the transactions contemplated by the Cerevast Acquisition Agreement, the Aegeria Acquisition Agreement, or the Novokera Acquisition Agreement. No such notice shall constitute an acknowledgement or admission by the Party providing the notice regarding whether or not give rise any of the conditions to the Closing have been satisfied or in determining whether or not any right to terminate under Article VIII.of the representations, warranties or covenants contained in this Agreement, the Cerevast Acquisition Agreement, the Aegeria Acquisition Agreement, and/or the Novokera Acquisition Agreement have been breached. 69

Appears in 1 contract

Samples: Contribution and Exchange Agreement (Denali Capital Acquisition Corp.)

Notification of Certain Matters. The Company and Parent and the Company shall each use reasonable efforts to give prompt notice to Parent and the other party if any of Company, as the following occur after the date of this Agreement: (a) receipt of any written notice to the receiving party from any third person alleging that the consent or approval of such third person is or case may be required in connection with the Transactions; (b) receipt of any notice or other communication from any Governmental Authoritybe, the Nasdaq (or any other securities market) in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure non-occurrence of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a)material event, the Company shall notify Parent in writing promptly, and in any event within seventyoccurrence or non-two (72) hours, upon becoming aware occurrence of which causes a breach of any unauthorized access representation or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control warranty of the Company or any Company Subsidiary Parent, as the case may be, contained in this Agreement; provided, however, that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 5.8 shall not (a) limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions any remedies available to the obligations party receiving such notice or (b) constitute an acknowledgment or admission of the parties under a breach of this Agreement, or (B) . No disclosure by the Company or Parent pursuant to this Section 5.8, however, shall be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception prevent or cure any misrepresentations, breach of warranty or breach of covenant. Additional Documents and Further Assurances. Each party hereto, at the request of another party hereto, shall execute and deliver such other instruments and do and perform such other reasonable acts and things as may be necessary or desirable for effecting completely the consummation of the Merger and the transactions contemplated hereby. Registration Statement on Form S-3. Parent shall use its best efforts to any representation or warranty. Notwithstanding anything prepare and file with the SEC within forty-five (45) days of Closing, and shall use its reasonable diligent efforts to cause to become effective as soon as practicable thereafter, a Registration Statement on Form S-3 with the SEC covering the resale of the shares of Parent Common Stock issued to holders of Company Preferred Stock, Bridge Notes and beneficiaries of the Amendment to the contrary Management Plan pursuant to the Merger. Any such registration shall be subject to the terms and conditions set forth in this Agreement, the failure to deliver any such notice, in and Declaration of itself, shall not give rise to any right to terminate under Article VIII.Registration Rights attached hereto as Exhibit D.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Cell Genesys Inc)

Notification of Certain Matters. Parent and During the Company Interim Period, each Party shall each give prompt notice to the other party Parties in writing if any such Party or its Affiliates becoming aware (awareness being determined with reference to the Knowledge of the following occur after Company or the date Knowledge of this Agreement: Purchaser, as the case may be): (a) receipt of the occurrence or non-occurrence of any written notice event the occurrence or non-occurrence of which has caused or is reasonably likely to cause any conditions to the receiving party from any third person alleging that the consent Closing set forth in Article VII not to be satisfied or approval of such third person is or may be required in connection with the Transactions; (b) receipt of any notice or other communication from any Governmental AuthorityAuthority which is reasonably likely to have a material impact on the ability of the Parties to consummate the Transactions or to materially delay the timing thereof. No such notice shall constitute an acknowledgement or admission by the Party providing the notice regarding whether or not any of the conditions to the Closing have been satisfied or in determining whether or not any of the representations, warranties or covenants contained in this Agreement have been breached. During the Interim Period, the Nasdaq Purchaser, on the one hand, and the Company, on the other hand, shall each notify the other in writing promptly after learning of any shareholder demands or other shareholder proceedings (including derivative claims) relating to this Agreement, any other Ancillary Documents or any matters relating thereto (collectively, the “Transaction Litigation”) commenced against, in the case of the Purchaser, the Purchaser or any of its Representatives (in their capacity as a representative of the Purchaser) or, in the case of the Company, the Company or any of its Representatives (in their capacity as a representative of the Company). The Purchaser and the Company each (i) shall keep the other securities marketParty reasonably informed regarding any Transaction Litigation, (ii) shall give the other Party the opportunity to, at its own cost and expense, participate in the defense, settlement and compromise of any such Transaction Litigation and reasonably cooperate with the other Party in connection with the Transactions; or (c) if to the Knowledge of the Company there has occurreddefense, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure settlement and compromise of any condition set forth in Article VII to be satisfied. Without limiting the foregoing, unless prohibited under any Privacy Obligations, and in each case subject to Section 6.02(a), the Company shall notify Parent in writing promptly, and in any event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control of the Company or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable)Transaction Litigation, (Biii) a summary of efforts taken or anticipated to be taken by shall consider in good faith the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information other’s advice with respect to any such Data Breach reported to ParentTransaction Litigation and (iv) shall reasonably cooperate with each other Party. In Notwithstanding the foregoing, (x) the Purchaser and the Company shall jointly control the negotiation, defense and settlement of any such Transaction Litigation and (y) in no event shall the Purchaser (A) or any of its Representatives), on the delivery one hand, or the Company (or any of its Representatives), on the other hand, settle or compromise any notice by a party pursuant to this Section 6.12 limit or otherwise affect Transaction Litigation brought without the respective rights, obligations, representations, warranties, covenants or agreements prior written consent of the parties other Party (not to be unreasonably withheld, conditioned or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent be deemed to amend or supplement the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIdelayed).

Appears in 1 contract

Samples: Business Combination Agreement (Mars Acquisition Corp.)

Notification of Certain Matters. Parent and Prior to the Company Closing Date, each party hereto shall each give prompt written notice to the other party of (i) the occurrence or non-occurrence of any change, condition or event, the occurrence or non-occurrence of which would render any representation or warranty of such party contained in this Agreement or any Ancillary Agreement, if made on or immediately following the date of such event, untrue or inaccurate, (ii) the occurrence of any change, condition or event that has had or is reasonably likely to have a Seller Material Adverse Effect or Parent Material Adverse Effect, (iii) any failure of any party hereto or any of its Affiliates to comply with or satisfy any covenant or agreement to be complied with or satisfied by it hereunder or any event or condition that would otherwise result in the nonfulfillment of any of the following occur after the date of this Agreement: (a) receipt of any written notice conditions to the receiving party other party’s obligations hereunder, (iv) any notice or other communication from any third person Person alleging that the consent or approval of such third person Person is or may be required in connection with the Transactions; (b) receipt consummation of any notice the transactions contemplated by this Agreement or other communication from any Governmental Authority, the Nasdaq (or any other securities market) in connection with the Transactions; Ancillary Agreements or (cv) if any Action pending or, to the Knowledge party’s knowledge, threatened against a party or the parties relating to the transactions contemplated by this Agreement or the Ancillary Agreements or that would have been required to be disclosed pursuant to Section 3.8 if it had been pending on the date of this Agreement. If any event requires any change to the Schedules to this Agreement, then the Seller shall promptly deliver to the Buyer a supplement to the Schedules specifying such change. If such updated Schedule reflects any event occurring or arising at any time after the date of this Agreement and prior to the date on which each of the Company there has occurred, or if Parent obtains knowledge of the occurrence of, as applicable, an event which would or would be reasonably likely to result in the failure of any condition conditions set forth in Article VII (other than those conditions that by their terms are to be satisfied. Without limiting satisfied at the foregoingClosing, unless prohibited under any Privacy Obligations, and in each case but subject to Section 6.02(a), the Company shall notify Parent satisfaction or waiver of such conditions) is satisfied or waived in writing promptlyby the appropriate party, as applicable, then the specified representations and in any warranties made by the Seller will be deemed automatically modified to reflect such event within seventy-two (72) hours, upon becoming aware of any unauthorized access or use of any sensitive or confidential information, including Personally Identifiable Information, in the possession or control as of the Company date that such event occurs or any Company Subsidiary that would (i) reasonably be expected to be material to the Company Group, taken as a whole, or (ii) require any notification to be given to any Person under any Privacy Obligation, arises and provide Parent with the following information in reasonable detail (to the extent reasonably available to the Company): (A) the nature and scope of such Data Breach (including the types of Personally Identifiable Information and number of individuals impacted, if applicable), (B) a summary of efforts taken or anticipated to be taken by the Company to investigate, remediate, mitigate and contain such Data Breach and (C) any notifications provided (or anticipated or otherwise required to be provided) to any Governmental Authority, impacted individual or other third party with respect to such Data Breach. Subject to, and in accordance with, Section 6.02(a), the Company shall provide Parent with reasonable periodic updates of the foregoing information with respect to any such Data Breach reported to Parent. In no event shall (A) the delivery of any notice by a party pursuant to this Section 6.12 limit or otherwise affect the respective rights, obligations, representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement, or (B) disclosure by the Company or Parent such updated Schedules will be deemed to amend have cured any misrepresentation or supplement breach of warranty that otherwise might have existed hereunder by reason of such event. The Buyer will not have the Company Disclosure Schedule or constitute an exception to any representation or warranty. Notwithstanding anything to the contrary in this Agreement, the failure to deliver any such notice, in and of itself, shall not give rise to any right to terminate under Article VIIIthis Agreement on account of any such update of the Schedules unless the event giving rise to such updated disclosure would cause any of the conditions in Section 7.3(a) to not be satisfied assuming such event existed as of the Closing Date.

Appears in 1 contract

Samples: Asset Purchase Agreement (Arbor Realty Trust Inc)

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