Common use of Notification of an Event Clause in Contracts

Notification of an Event. If, during the Term, any event occurs or any event known to the Licensee relating to or affecting the Licensee shall occur as a result of which (i) any provision of this Article “10” of this Agreement at that time shall include an untrue statement of a fact, or (ii) this Article “10” of this Agreement shall omit to state any fact necessary to make the statements herein, in light of the circumstances under which they were made, not misleading, the Licensee shall immediately notify the Licensor pursuant to Paragraph “C” of Article “21” of this Agreement.

Appears in 3 contracts

Sources: Exclusive License Agreement (Oiltek, Inc.), Exclusive License Agreement (Oiltek, Inc.), Exclusive License Agreement (Oiltek, Inc.)

Notification of an Event. If, during the Term, any event occurs or any event known to the Licensee relating to or affecting the Licensee shall occur as a result of which (i) any provision of this Article “109” of this Agreement at that time shall include an untrue statement of a fact, or (ii) this Article “109” of this Agreement shall omit to state any fact necessary to make the statements herein, in light of the circumstances under which they were made, not misleading, the Licensee shall immediately notify the Licensor pursuant to Paragraph “C” of Article “2124” of this Agreement.

Appears in 2 contracts

Sources: Confidentiality Agreement (China PharmaHub Corp.), Agreement (China PharmaHub Corp.)

Notification of an Event. If, during the Term, any event occurs or any event known to the Licensee relating to or affecting the Licensee shall occur as a result of which (i) any provision of this Article "10" of this Agreement at that time shall include an untrue statement of a fact, or (ii) this Article "10" of this Agreement shall omit to state any fact necessary to make the statements herein, in light of the circumstances under which they were made, not misleading, the Licensee shall immediately notify the Licensor pursuant to Paragraph "C" of Article "21" of this Agreement.

Appears in 1 contract

Sources: Exclusive License Agreement (Oiltek, Inc.)