Common use of Notice of Actions and Proceedings Clause in Contracts

Notice of Actions and Proceedings. Buyer shall promptly notify Seller, and Seller shall promptly notify Buyer of any claims, actions, proceedings or investigations commenced or, to the best of its knowledge, threatened, involving or affecting Buyer or Seller or any of their property or assets, of, to the best of its knowledge, against any employee; consultant director, officer or shareholder, in his, her or its capacity as such, of Buyer or Seller which, if pending on the date hereof would have been required to have been disclosed in writing pursuant to Section 4.2(d) hereof or which relates to the consummation of the Acquisition or the transactions contemplated hereby.

Notice of Actions and Proceedings. Buyer shall promptly notify Seller, and and, Seller shall shall, promptly notify Buyer of any claims, ) actions, proceedings or investigations commenced or, on to the best of its knowledge, threatened, involving or affecting Buyer or Seller or any of their property or assets, ofor, to the best of its knowledge, against any employee; consultant , consultant, director, officer or shareholder, in his, her or its capacity as such, suck of Buyer or Seller which, if pending on the date hereof hereof, would have been required to have been disclosed in writing pursuant to Section 4.2(d) hereof or which relates to the consummation of the Acquisition or the transactions contemplated hereby.