Notification of Material Adverse Events. Seller shall promptly notify Buyer in writing of any event following the Effective Date hereof of which Seller is or becomes aware that will or is likely to have a material adverse effect on the business or financial of the Hotel or Seller’s performance of its obligations under this Agreement.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Procaccianti Hotel Reit, Inc.)
Notification of Material Adverse Events. Seller (a) Sellers shall promptly notify Buyer Purchaser in writing of any event following the Effective Date date hereof of which Seller is Sellers are or becomes become aware that will or is likely could reasonably be expected to have a material adverse effect on the business condition (financial or financial otherwise), rights, properties, assets or prospects of the Hotel Company or Seller’s its Business or the performance by Sellers of its their obligations under this Agreement.
Appears in 1 contract
Samples: Stock Purchase Agreement (Medichem Life Sciences Inc)
Notification of Material Adverse Events. Seller shall promptly notify Buyer in writing of any event following the Effective Date date hereof of which Seller is or becomes aware that will or is likely may reasonably be expected to have a material adverse effect on the business or financial of the Hotel or Seller’s performance of its obligations under this AgreementMaterial Adverse Effect.
Appears in 1 contract
Samples: Asset Purchase Agreement (Spanish Broadcasting System Inc)
Notification of Material Adverse Events. Seller shall promptly notify Buyer in writing of any event following the Effective Date date hereof of 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 business Assets, liabilities, financial condition, Business, operations or financial prospects of Seller, or on the performance by Seller or Selling Stockholder of this Agreement or any of the Hotel or Seller’s performance of its obligations transactions contemplated under this Agreement.
Appears in 1 contract
Samples: Stock Purchase Agreement (Infe Human Resources Inc)
Notification of Material Adverse Events. Seller shall promptly notify Buyer Purchaser in writing of any event following the Effective Date date hereof of which Seller is or becomes aware that will or is likely to have a material adverse effect on the business or financial business, finan-cial condition, prospects of the Hotel Company or Seller’s performance of its obligations under this Agreementthe Business.
Appears in 1 contract
Notification of Material Adverse Events. Seller Sellers shall promptly notify Buyer Purchaser in writing of any event following the Effective Date date hereof of which Seller is Sellers are or becomes become aware that will or is likely may reasonably be expected to have a material adverse effect on the business condition (financial or financial otherwise), rights, properties, assets or prospects of the Hotel Company or Seller’s the performance by Sellers of its their obligations under this Agreement.
Appears in 1 contract