Common use of Preserve Accuracy of Representations and Warranties Clause in Contracts

Preserve Accuracy of Representations and Warranties. Notification. Each Party shall refrain from taking any action which would render any representation or warranty contained in this Agreement inaccurate as of the Closing Date. Each Party shall promptly notify the other of: (a) any breach of any representation, warranty or covenant by such Party, or (b) any legal action, suit or proceeding that shall be instituted or threatened against such Party to restrain, prohibit or otherwise challenge the legality of any transaction contemplated by this Agreement.

Appears in 1 contract

Sources: Purchase Agreement

Preserve Accuracy of Representations and Warranties. Notification. Each Party of the parties hereto shall refrain from taking any action which that would render any representation of its representations or warranty warranties contained in this Agreement inaccurate as of through the Closing Date. Each Party shall promptly notify the other of: (a) others if any breach of any representation, warranty or covenant by such Party, or (b) any legal action, suit or proceeding that shall be instituted or threatened against any such Party party to restrain, prohibit or otherwise challenge the legality of any transaction contemplated by this Agreement.

Appears in 1 contract

Sources: Stock Purchase Agreement (Bogen Communications International Inc)

Preserve Accuracy of Representations and Warranties. Notification. Each Party of the parties hereto shall refrain from taking any action which that would render any representation or warranty contained in this Agreement inaccurate in any material respect as of the respective Closing DateDates. Each Party party shall promptly notify the other of: in writing (a) any breach of any representation, warranty or covenant by such Party, or (b) any legal action, suit or proceeding that shall be instituted or threatened against such Party party to restrain, prohibit or otherwise challenge the legality of any transaction contemplated by this Agreement.the

Appears in 1 contract

Sources: Agreement for Purchase and Sale of Licenses (Leap Wireless International Inc)

Preserve Accuracy of Representations and Warranties. Notification. Each Party Both parties hereto shall refrain from taking any action which that would render any representation or warranty contained in this Agreement inaccurate as of the Closing Date. Each Party party shall promptly notify the other of: (a) any breach of any representation, warranty or covenant by such Party, or (b) any legal action, suit or proceeding Legal Proceeding that shall be instituted or threatened against such Party party to restrain, prohibit or otherwise challenge the legality of any transaction contemplated by this Agreement.

Appears in 1 contract

Sources: Asset Purchase Agreement (Sirva Inc)

Preserve Accuracy of Representations and Warranties. Notification. Each Party of the parties hereto shall refrain from taking any action which would render any representation or warranty contained in this Agreement inaccurate as of the Closing Date. Each Party party shall promptly notify the other of: (a) any breach of any representation, warranty or covenant by such Party, or (b) any legal action, suit or proceeding Legal Proceeding that shall be instituted or threatened against such Party party to restrain, prohibit or otherwise challenge the legality of any transaction contemplated by this Agreement.

Appears in 1 contract

Sources: Stock Purchase Agreement (Penn Treaty American Corp)