Common use of Notice of Material Changes or Untrue Representations Clause in Contracts

Notice of Material Changes or Untrue Representations. Upon learning of any material change in any condition with respect to its Property or of any event or circumstance which makes any representation or warranty of the Candlewood Parties to the Purchaser under this Agreement untrue or misleading in any material respect, promptly to notify the Purchaser thereof (the Purchaser agreeing, on learning of any such fact or condition, promptly to notify the Candlewood Parties thereof).

Notice of Material Changes or Untrue Representations. Upon learning of any material change in any condition with respect to its Property any of the Properties or of any event or circumstance which makes any representation or warranty of the Candlewood Parties to the Purchaser under this Agreement untrue or misleading in any material respect, promptly to notify the Purchaser thereof (the Purchaser agreeing, on learning of any such fact or condition, promptly to notify the Candlewood Parties thereof).