Common use of Update Information Clause in Contracts

Update Information. Not earlier than ten (10) and not less than five (5) days before the date scheduled for Closing, PCI shall correct and supplement in writing any information furnished on Schedules that, to the knowledge of PCI, is incorrect or incomplete (or otherwise expressly contemplated by Article II of this Agreement), and shall promptly furnish such corrected and supplemented information to Nextel, so that such information shall be correct and complete at the time such updated information is so provided. Thereafter, to the Closing, PCI shall notify Nextel in writing of any changes or supplements to the updated information needed, to the knowledge of PCI, to make such information correct and complete at all times to the Closing. It is agreed that the furnishing of such corrected and supplemental information, in and of itself, shall not create any presumption that such information constitutes or evidences the existence of a material change or any breach or violation by PCI of any provision of this Agreement.

Appears in 3 contracts

Sources: Agreement of Merger and Plan of Reorganization (Nextel Communications Inc), Agreement of Merger and Plan of Reorganization (Pittencrieff Communications Inc), Merger Agreement (Pittencrieff Communications Inc)