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Certain Assignees
Certain Assignees contract clause examples

Certain Events. From the Execution Date until the Closing Date (unless this Agreement is otherwise terminated), Farmee shall promptly notify Farmor of and furnish Farmor with any information with respect to the occurrence of any event or condition known to Farmee that could reasonably be expected to cause any of the conditions set forth in Section 2.1 not to be satisfied. If Farmee discovers the existence of a breach by Farmor of the representations, warranties, obligations or covenants contained in this Agreement (or the existence of any matter that would have been such a breach had it been in existence on the date hereof), then Farmee shall notify Farmor in writing of such information within five days after such discovery or the day prior to the Closing Date, whichever is earlier.

Certain Events. During the Interim Period (unless this Agreement is otherwise terminated), Farmor shall promptly notify Farmee of and furnish Farmee with any information with respect to the occurrence of any event or condition known to Farmor that could reasonably be expected to # cause any of the conditions set forth in Section 2.1 not to be satisfied, or # have a Material Adverse Effect. If Farmor discovers the existence of a breach by Farmee of the representations, warranties, obligations or covenants contained in this Agreement (or the existence of any matter that would have been such a breach had it been in existence as the date hereof), then Farmor shall notify Farmee in writing of such information within five days after such discovery or the day prior to the Closing Date, whichever is earlier.

Farmor shall keep Farmee informed of the progress towards the satisfaction or non-satisfaction of the conditions described in Section 2.1. Within five days following the date (the “Trigger Date”) on which the conditions described in Section 2.1 have been satisfied (or waived by the applicable Parties), Farmor shall deliver a notice (the “Closing Notice”) to Farmee notifying Farmee that such conditions have been satisfied or waived, unless this Agreement has been terminated pursuant to Section 4.1.

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