Common use of Notice of Untrue Representation or Warranty Clause in Contracts

Notice of Untrue Representation or Warranty. (1) The Vendors shall have the continuing obligation until the Closing promptly to supplement or amend each Disclosure Letter with respect to any matter hereafter arising or discovered that, if existing or known at the date hereof, would have been required to be set forth or described in such Disclosure Letter; provided, however, that no such supplement or amendment to any Disclosure Letter shall have any effect for the purpose of determining the satisfaction of the conditions set forth in Section 6.1 or for purposes of determining whether or to what extent any Person is entitled to indemnification pursuant to Article 10. The Vendors shall promptly, upon having or gaining knowledge of any event, condition or fact that would cause any of the conditions to the Purchasers' obligation to consummate the transactions contemplated hereby not to be fulfilled, notify the Purchasers thereof, and furnish the Purchasers any information it may reasonably request with respect thereto.