Common use of Notification of Material Adverse Events Clause in Contracts

Notification of Material Adverse Events. Seller shall promptly notify Buyer in writing of any event following the date hereof and prior to the Closing which Seller is or becomes aware of that will or is likely to have a material adverse effect on the Assets, liabilities, financial condition, Business, operations or prospects of Seller, or on the performance by Seller or Selling Stockholder of this Agreement or any of the transactions contemplated under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Infe Human Resources Inc)

AutoNDA by SimpleDocs

Notification of Material Adverse Events. Seller Sellers shall promptly notify Buyer Purchaser in writing of any event following the date hereof and prior to the Closing of which Seller is Sellers are or becomes become aware of that will or is likely may reasonably be expected to have a material adverse effect on the Assetscondition (financial or otherwise), liabilitiesrights, financial conditionproperties, Business, operations assets or prospects of Seller, the Company or on the performance by Seller or Selling Stockholder Sellers of this Agreement or any of the transactions contemplated their obligations under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Plato Learning Inc)

Notification of Material Adverse Events. Seller shall promptly notify Buyer Purchaser in writing of any event following the date hereof and prior to the Closing of which Seller is or becomes aware of that will or is likely to have a material adverse effect on the Assetsbusiness, liabilities, financial finan-cial condition, Business, operations or prospects of Seller, the Company or on the performance by Seller or Selling Stockholder of this Agreement or any of the transactions contemplated under this AgreementBusiness.

Appears in 1 contract

Samples: Purchase Agreement (Mego Financial Corp)

Notification of Material Adverse Events. Seller shall promptly notify Buyer in writing of any event following the date Effective Date hereof and prior to the Closing of which Seller is or becomes aware of that will or is likely to have a material adverse effect on the Assets, liabilities, business or financial condition, Business, operations or prospects of Seller, or on the performance by Seller or Selling Stockholder of this Agreement or any of the transactions contemplated Hotel or Seller’s performance of its obligations under this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Procaccianti Hotel Reit, Inc.)

AutoNDA by SimpleDocs

Notification of Material Adverse Events. Seller shall promptly notify Buyer in writing of any event following the date hereof and prior to the Closing of which Seller is or becomes aware of that will or is likely may reasonably be expected to have a material adverse effect on the Assets, liabilities, financial condition, Business, operations or prospects of Seller, or on the performance by Seller or Selling Stockholder of this Agreement or any of the transactions contemplated under this AgreementMaterial Adverse Effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (Spanish Broadcasting System Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!