Common use of Notices to Parent Clause in Contracts

Notices to Parent. The Company shall as promptly as practicable (and in any event within 48 hours) notify Parent in writing of receipt by the Company of any Acquisition Proposal or any request for nonpublic information, in each case on or subsequent to the date hereof, in connection with, or that could reasonably be expected to lead to, any Acquisition Proposal, the material terms and conditions of any such Acquisition Proposal or request and the identity of the person making any such Acquisition Proposal or request. Such notice shall be accompanied by unredacted copies of any draft agreements embodying any such Acquisition Proposal. In addition to any other notifications required by this Section 5.4, the Company shall endeavor in good faith to provide Parent with updates regarding any material developments (and unredacted copies of any draft agreements relating thereto, other than financing-related documents that may be provided in redacted form) with respect to any Acquisition Proposal identified by the Company in accordance with this Section 5.4(c). The Company shall promptly (and in any event within two business days) notify Parent of the receipt by the Company of any material modification to any such Acquisition Proposal, unless prohibited by any Antitrust Laws or comparable Laws.