Second Disclosure Letter definition
Examples of Second Disclosure Letter in a sentence
Should the exceptions contained in the Second Disclosure Letter result in the Conditions set forth in Clause 3.1(a) being unable to be satisfied and, subject to the Buyer having not intentionally or wilfully breached this Agreement as provided in the first proviso in Clause 3.2, the Buyer shall be entitled to not complete this Agreement (as provided in Clause 3.2(a)), in which case the provisions of Clause 3.2 and/or 3.8 shall apply mutatis mutandis.
To the extent a matter is disclosed against a particular Warranty in the First Disclosure Letter or the Second Disclosure Letter such matter shall be deemed to be disclosed against all other Warranties to the extent it is reasonably apparent on its face that it relates to such other Warranties.
For this purpose only, where in a Warranty there is an express or implied reference to the "date of this Agreement” or an equivalent term, that reference is to be construed as a reference to the "Completion Date" and references to the Disclosure Letter shall be taken to be references to the Second Disclosure Letter in addition to the Disclosure Letter (save where the Second Disclosure Letter updates the Disclosure Letter in which case the detail in the Second Disclosure Letter will prevail).
The First Disclosure Letter and the Second Disclosure Letter shall be delivered to either the First Optionholder or the Second Optionholders.
The names and addresses of all financial institutions at which the Grantors maintain their Deposit Accounts, and the account numbers and account names of such Deposit Accounts, are set forth in the Second Disclosure Letter.