Current Information. (a) During the period from the date of this Agreement to the Closing, each Party hereto shall promptly notify each other Party of any (i) significant change in its ordinary course of business, (ii) proceeding (or communications indicating that the same may be contemplated), or the institution or threat or settlement of proceedings, in each case involving the Parties the outcome of which, if adversely determined, could reasonably be expected to have a material adverse effect on the Party, taken as a whole or (iii) event which such Party reasonably believes could be expected to have a material adverse effect on the ability of any party hereto to consummate the Share Exchange. (b) During the period from the date of this Agreement to the Closing, NAS shall promptly notify OTM of any correspondence received from the SEC and FINRA and shall deliver a copy of such correspondence to OTM within one (1) business day of receipt.
Appears in 5 contracts
Sources: Share Exchange Agreement (NAS Acquisition Inc), Share Exchange Agreement (NAS Acquisition Inc), Share Exchange Agreement (NAS Acquisition Inc)
Current Information. (a) During the period from the date of this Agreement to the Closing, each Party hereto shall promptly notify each other Party of any (i) significant change in its ordinary course of business, (ii) proceeding (or communications indicating that the same may be contemplated), or the institution or threat or settlement of proceedings, in each case involving the Parties the outcome of which, if adversely determined, could reasonably be expected to have a material adverse effect on the Party, taken as a whole or (iii) event which such Party reasonably believes could be expected to have a material adverse effect on the ability of any party hereto to consummate the Share Exchange.
(b) During the period from the date of this Agreement to the Closing, NAS TTHX shall promptly notify OTM TURNKEY of any correspondence received from the SEC and FINRA and shall deliver a copy of such correspondence to OTM TURNKEY within one (1) business day of receipt.
Appears in 2 contracts
Sources: Share Exchange Agreement, Share Exchange Agreement (Train Travel Holdings, Inc.)
Current Information. (a) During the period from the date of this Agreement to the Closing, each Party hereto shall promptly notify each other Party of any (i) significant change in its ordinary course of business, (ii) proceeding (or communications indicating that the same may be contemplated), or the institution or threat or settlement of proceedings, in each case involving the Parties the outcome of which, if adversely determined, could reasonably be expected to have a material adverse effect on the Party, taken as a whole or (iii) event which such Party reasonably believes could be expected to have a material adverse effect on the ability of any party hereto to consummate the Share Securities Exchange.
(b) During the period from the date of this Agreement to the Closing, NAS PAYM shall promptly notify OTM PROTEC of any correspondence received from the SEC and FINRA and shall deliver a copy of such correspondence to OTM PROTEC within one (1) business day of receipt.
Appears in 2 contracts
Sources: Securities Exchange Agreement, Securities Exchange Agreement (PayMeOn, Inc.)
Current Information. (a) During the period from the date of this Agreement to the Closing, each Party hereto shall promptly notify each other Party of any (i) significant change in its ordinary course of 0of business, (ii) proceeding (or communications indicating that the same may be contemplated), or the institution or threat or settlement of proceedings, in each case involving the Parties the outcome of which, if adversely determined, could reasonably be expected to have a material adverse effect on the Party, taken as a whole or (iii) event which such Party reasonably believes could be expected to have a material adverse effect on the ability of any party hereto to consummate the Share Exchange.
(b) During the period from the date of this Agreement to the Closing, NAS OICco shall promptly notify OTM CHAMPION of any correspondence received from the SEC and FINRA and shall deliver a copy of such correspondence to OTM CHAMPION within one (1) business day of receipt.
Appears in 2 contracts
Sources: Share Exchange Agreement (Oicco Acquisition I, Inc.), Share Exchange Agreement (Oicco Acquisition I, Inc.)
Current Information. (a) During the period from the date of this Agreement to the Closing, each Party hereto shall promptly notify each other Party of any (i) significant change in its ordinary course Ordinary Course of businessBusiness, (ii) proceeding Proceeding (or communications indicating that the same may be contemplated), or the institution or threat or settlement of proceedingsProceedings, in each case involving the Parties the outcome of which, if adversely determined, could reasonably be expected to have a material adverse effect Material Adverse Effect on the Party, taken as a whole or (iii) event which such Party reasonably believes could be expected to have a material adverse effect Material Adverse Effect on the ability of any party hereto to consummate the Share Exchange.
(b) During the period from the date of this Agreement to the Closing, NAS Purchaser shall promptly notify OTM Deer of any correspondence received from the SEC and FINRA and shall deliver a copy of such correspondence to OTM Deer within one (1) business day Business Day of receipt.
Appears in 2 contracts
Sources: Share Exchange Agreement (Deer Consumer Products, Inc.), Share Exchange Agreement (He Ying)
Current Information. (a) During the period from the date of this Agreement to the Closing, each Party hereto shall promptly notify each other Party of any (i) significant change in its ordinary course of business, (ii) proceeding (or communications indicating that the same may be contemplated), or the institution or threat or settlement of proceedings, in each case involving the Parties the outcome of which, if adversely determined, could reasonably be expected to have a material adverse effect on the Party, taken as a whole or (iii) event which such Party reasonably believes could be expected to have a material adverse effect on the ability of any party hereto to consummate the Share Exchange.
(b) During the period from the date of this Agreement to the Closing, NAS MDXL shall promptly notify OTM MEDIX of any correspondence received from the SEC and FINRA and shall deliver a copy of such correspondence to OTM MEDIX within one (1) business day of receipt.
Appears in 2 contracts
Sources: Share Exchange Agreement, Share Exchange Agreement (MediXall Group, Inc.)
Current Information. (a) During the period from the date of this Agreement to the Closing, each Party hereto shall promptly notify each other Party of any (i) significant change in its ordinary course of business, (ii) proceeding (or communications indicating that the same may be contemplated), or the institution or threat or settlement of proceedings, in each case involving the Parties the outcome of which, if adversely determined, could reasonably be expected to have a material adverse effect on the Party, taken as a whole or (iii) event which such Party reasonably believes could be expected to have a material adverse effect on the ability of any party hereto to consummate the Share ExchangeTransactions.
(b) During the period from the date of this Agreement to the Closing, NAS APGR shall promptly notify OTM Q2P of any correspondence received from the SEC and FINRA and shall deliver a copy of such correspondence to OTM Q2P within one (1) business day of receipt.
Appears in 1 contract
Current Information. (a) During the period from the date of this Agreement to the Closing, each Party hereto shall promptly notify each other Party of any (i) significant change in its ordinary course of business, (ii) proceeding (or communications indicating that the same may be contemplated), or the institution or threat or settlement of proceedings, in each case involving the Parties the outcome of which, if adversely determined, could reasonably be expected to have a material adverse effect on the Party, taken as a whole or (iii) event which such Party reasonably believes could be expected to have a material adverse effect on the ability of any party hereto to consummate the Share Exchange.
(b) During the period from the date of this Agreement to the Closing, NAS PETRUS shall promptly notify OTM WCW of any correspondence received from the SEC and FINRA and shall deliver a copy of such correspondence to OTM WCW within one (1) business day of receipt.
Appears in 1 contract