Common use of Updating Schedules Clause in Contracts

Updating Schedules. In connection with the Closing, Parent, Sub and the Company will, promptly upon becoming aware of any fact requiring supplementation or amendment of the Schedules, supplement or amend the various Schedules to this Agreement to reflect any matter which, if existing, occurring or known on the date of this Agreement, would have been required to be set forth or described in such Schedules which was or has been rendered inaccurate thereby. No such supplement or amendment to the Schedules shall have any effect for the purpose of determining satisfaction of the conditions set forth in Articles VII, VIII and IX hereof, or the compliance by any party hereto with its covenants and agreements set forth herein.

Appears in 3 contracts

Sources: Merger Agreement (Allied Capital Corp), Merger Agreement (Tannenhauser Robert), Merger Agreement (BLC Financial Services Inc)