Common use of Update of Contracts Clause in Contracts

Update of Contracts. RJL shall have delivered to Guardian an accurate list, as of the Closing Date, showing (i) all agreements, contracts and commitments of the type listed on Exhibit 6.8 entered into since the date of this Agreement; and (ii) all other agreements, contracts and commitments related to the businesses or the assets of RJL entered into since the date of this Agreement, together with true, complete and accurate copies of all such documents (the "RJL New Contracts"). Guardian shall have had the opportunity to review and approve the RJL New Contracts of the other, and any of the Companies shall have the right to delay the Closing for up to ten (10) days if it in its sole discretion deems such delay necessary to enable it to adequately review the RJL New Contracts.

Appears in 2 contracts

Sources: Agreement and Plan of Reorganization (Guardian Technologies International Inc), Agreement and Plan of Reorganization (Guardian Technologies International Inc)