Common use of Other Disclosure Updates Clause in Contracts

Other Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 3 contracts

Samples: Loan and Security Agreement (Numatics Inc), Loan and Security Agreement (Elgin National Industries Inc), Loan and Security Agreement (Iron Age Corp)

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Other Disclosure Updates. Promptly and in no event later than 5 ------------------------ Business Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Ventiv Health Inc)

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