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

Notice of Untrue Representation or Warranty. During the Closing Period, the Seller shall promptly notify the Purchaser, and the Purchaser shall promptly notify the Seller, upon any representation or warranty made by it becoming untrue or incorrect in any material respect. Any such notification must set out particulars of the untrue or incorrect representation or warranty and details of any actions taken to rectify the matters.

Appears in 2 contracts

Sources: Share Purchase Agreement, Share Purchase Agreement

Notice of Untrue Representation or Warranty. During the Closing Period, the Seller Sellers shall promptly notify the Purchaser, and the Purchaser shall promptly notify the SellerSellers, upon any representation or warranty made by it them or it, as applicable, becoming untrue or incorrect in any material respect. Any such notification must set out particulars of the untrue or incorrect representation or warranty and details of any actions taken to rectify the matters.

Appears in 1 contract

Sources: Asset Purchase Agreement