Common use of Preserve Accuracy of Representations and Warranties Clause in Contracts

Preserve Accuracy of Representations and Warranties. Each party hereto shall refrain from taking any action which would render any representation or warranty of such party contained in ARTICLE 5 of this Agreement inaccurate as of the Closing Date. Each party shall promptly notify the other parties of any action, suit or proceeding that shall be instituted or threatened against such party to restrain, prohibit or otherwise challenge the legality of any transaction contemplated by this Agreement.

Appears in 2 contracts

Sources: Purchase and Assumption Agreement (Bank Plus Corp), Purchase and Assumption Agreement (Bank Plus Corp)

Preserve Accuracy of Representations and Warranties. Each party of the parties hereto shall refrain from taking any action which would render any representation or warranty of such party contained in ARTICLE Articles 5 or 6 of this Agreement inaccurate as of the Closing Date. Each party hereto shall promptly notify the other parties of any action, suit or proceeding that shall be instituted or threatened against such party to restrain, prohibit or otherwise challenge the legality of any transaction contemplated by this Agreement.the

Appears in 2 contracts

Sources: Asset Purchase Agreement (Relationserve Media Inc), Asset Purchase Agreement (Theglobe Com Inc)

Preserve Accuracy of Representations and Warranties. Each party of the parties hereto shall refrain from taking any action which would render any representation or warranty of such party contained in ARTICLE Article 5 or 6 of this Agreement inaccurate not to be true and correct in all material respects as of the Closing Date and the Payment Date. Each party shall promptly notify the other parties of any action, suit or proceeding that shall be instituted or threatened against such party to restrain, prohibit or otherwise challenge the legality of any transaction contemplated by this Agreement.

Appears in 1 contract

Sources: Master Agreement (Ocular Sciences Inc /De/)

Preserve Accuracy of Representations and Warranties. Each party of the parties hereto shall refrain from taking any action which would render any representation or warranty of such party contained set forth in ARTICLE Sections 5 or 6 of this Agreement inaccurate as of the Closing DateEffective Time. Each party shall promptly notify the other parties of any action, suit or proceeding Action that shall be instituted or threatened against such party to restrain, prohibit or otherwise challenge the legality of any transaction contemplated by this Agreement.. The Company

Appears in 1 contract

Sources: Merger Agreement (THQ Inc)

Preserve Accuracy of Representations and Warranties. Each party hereto shall refrain from taking any action which would render any representation or warranty of such party contained in ARTICLE 5 Article IV of this Agreement materially inaccurate as of the Closing Date. Each party shall promptly notify the other parties party of any action, suit or proceeding that shall be instituted or threatened against such party to restrain, prohibit or otherwise challenge the legality of any transaction contemplated by this Agreement.

Appears in 1 contract

Sources: Deposit Accounts Purchase and Assumption Agreement (Metris Companies Inc)

Preserve Accuracy of Representations and Warranties. Each party of the parties hereto shall refrain from taking any action which would render any representation or warranty of such party contained set forth in ARTICLE Sections 5 or 6 of this Agreement inaccurate as of the Closing DateEffective Time. Each party shall promptly notify the other parties of any action, suit or proceeding Action that shall be instituted or threatened against such party to restrain, prohibit or otherwise challenge the legality of any transaction contemplated by this Agreement.. The Company shall promptly notify

Appears in 1 contract

Sources: Merger Agreement (THQ Inc)