Common use of ACTION PRIOR TO THE CLOSING DATE Clause in Contracts

ACTION PRIOR TO THE CLOSING DATE. Buyer and Seller covenant and agree to take the following actions between the date hereof and the Closing Date: 7.1. Preserve Accuracy of Representations and Warranties --------------------------------------------------- Buyer and Seller shall refrain from taking any action that would render any representation or warranty contained in this Agreement inaccurate as of the Closing Date. Buyer and Seller shall promptly notify the other of any Action, investigation or other proceeding, that shall be instituted or threatened against such party to restrain, prohibit or otherwise challenge the legality of any transaction contemplated by this Agreement.

ACTION PRIOR TO THE CLOSING DATE. Buyer and Seller covenant and agree to take the following actions that between the date hereof and the Closing Date: 7.1. Preserve Accuracy of Representations and Warranties --------------------------------------------------- , Buyer and Seller shall refrain from taking any action that would render any representation or warranty contained in this Agreement inaccurate as of the Closing Date. , and Buyer and Seller shall promptly notify the other of any Action, investigation investigation, or other proceeding, that shall be instituted or threatened against such party to restrain, prohibit or otherwise challenge the legality of any transaction contemplated by this Agreement.