Common use of Prior to the Closing Clause in Contracts

Prior to the Closing. Seller shall notify Buyer, and Buyer shall notify Seller, of any litigation, arbitration, appeal or administrative proceeding pending, or, to its knowledge, threatened against Seller or Buyer, as the case may be, which challenges the transactions contemplated hereby.

Prior to the Closing. Seller and the Company shall notify Buyer, and Buyer shall notify SellerSeller and the Company, of any litigation, arbitration, appeal or administrative proceeding pending, or, to its knowledge, threatened against Seller Seller, the Company or Buyer, as the case may be, which challenges the transactions contemplated hereby.