Common use of Updating Schedules Clause in Contracts

Updating Schedules. From and after the date hereof, Seller acknowledges ------------------ and agrees that Seller shall promptly provide Buyer with any information which would be required to be disclosed on the schedules to this Agreement and, on the Closing Date, the schedules hereto shall have been updated by Seller such that such schedules will be true and correct on the Closing Date. Notwithstanding the foregoing, any update to the schedules from and after the date hereof by Seller shall not relieve Seller of any liability to which Seller might be subject for failure to disclose any information that should have been disclosed prior to the execution of this Agreement.

Appears in 3 contracts

Sources: Asset Purchase Agreement (Nm Licensing LLC), Asset Purchase Agreement (Nm Licensing LLC), Asset Purchase Agreement (Nm Licensing LLC)