Common use of Notification of Events Clause in Contracts

Notification of Events. During the period from the date hereof to the Closing or the earlier termination of this Agreement, each Party shall promptly notify the other Parties in writing if there has been (i) the occurrence or non-occurrence of any event or the existence of any fact or condition that would cause or constitute a breach of any of such Party’s representations or warranties had any such representation or warranty been made as of the time of the discovery of such event, fact or condition, (ii) any material failure of such Party to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it hereunder, in each case to the extent such breach or failure would result, or would be reasonably likely to result, in the failure of any of such Party’s closing conditions specified in Section 7.01 or Section 7.02, as the case may be, and (iii) any written notice or other communication received by such Party from any Governmental Authority in connection with the transactions contemplated hereby.