Supplements to Disclosure Schedule. From time to time prior to the Closing, the Seller shall supplement or amend the Disclosure Schedule hereto with respect to any matter hereafter arising or of which it becomes aware after the date hereof, that, if existing as of the date of this Agreement would have been required to be set forth or described on the Disclosure Schedule (each a “Schedule Supplement”). Buyer shall have five (5) Business Days after its receipt of any Schedule Supplement to terminate this Agreement by giving written notice to Seller if the matters disclosed in such Schedule Supplement constitute a Material Adverse Effect with respect to Seller. A Schedule Supplement shall be deemed to automatically amend and supplement the Disclosure Schedule and qualify the representations and warranties contained in this Agreement unless Buyer terminates this Agreement pursuant to the immediately preceding sentence.
Appears in 3 contracts
Sources: Asset Purchase Agreement (Grilled Cheese Truck, Inc.), Asset Purchase Agreement (Grilled Cheese Truck, Inc.), Asset Purchase Agreement (Grilled Cheese Truck, Inc.)