Common use of Advice of Change Clause in Contracts

Advice of Change. The Seller will promptly advise the Buyer in writing of: (i) any notice or other communications from any Person that the consent of such Person is or may be required in connection with the transactions contemplated by this Agreement; (ii) any notice or other communications from any governmental or regulatory agency or authority in connection with the transactions contemplated by this Agreement; (iii) any actions, suits, claims, investigations or proceedings commenced or, to the best of Seller's knowledge, threatened against, relating to or otherwise involving any Selling Entity, the Acquired Assets or the Business that, if pending on the date of this Agreement, would have been required to have been disclosed in a schedule hereto or that relate to the consummation by the Seller of the transactions contemplated by this Agreement; (iv) any fact or circumstance of which the Seller has knowledge which would make any representation or warranty set forth herein untrue or inaccurate in any material respect as of the Closing Date; and (v) any planned or threatened labor dispute, organization efforts, strike or work stoppage affecting the Seller's employees at the Stores.