Common use of Preserve Accuracy of Representations and Warranties Clause in Contracts

Preserve Accuracy of Representations and Warranties. Seller shall refrain from taking any action which would render any representation and warranty contained in Article 3 hereof untrue, inaccurate or misleading as of Closing. Seller will promptly notify Buyer of any lawsuit, claim, administrative action or other proceeding asserted or commenced against Seller that may involve or relate in any way to Seller, the Assets or the operation of the Facility. Seller shall promptly notify Buyer of any facts or circumstances that come to Seller’s attention and that cause, or through the passage of time or the giving of notice or either, may cause any of Seller’s representations and warranties to be untrue or misleading at any time from the date hereof through Closing.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Diversicare Healthcare Services, Inc.), Asset Purchase Agreement (Diversicare Healthcare Services, Inc.), Asset Purchase Agreement (Diversicare Healthcare Services, Inc.)

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Preserve Accuracy of Representations and Warranties. Each Seller shall refrain from taking any action which would render any representation and warranty contained in Article 3 hereof untrue, inaccurate or misleading as of Closing. Seller Sellers will promptly notify Buyer of any lawsuit, claim, administrative action or other proceeding asserted or commenced against Seller Sellers that may involve or relate in any way to SellerSellers, the Assets or the operation of the FacilityFacilities. Seller Sellers each shall promptly notify Buyer of any facts or circumstances that come to Seller’s either's attention and that cause, or through the passage of time or the giving of notice or either, may cause any of Seller’s Sellers' representations and warranties to be untrue or misleading at any time from the date hereof through Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Advocat Inc)

Preserve Accuracy of Representations and Warranties. Seller Sellers shall refrain from taking any action which would render any representation and warranty contained in Article 3 hereof untrue, inaccurate or misleading as of Closing. Seller Sellers will promptly notify Buyer Buyers of any lawsuit, claim, administrative action or other proceeding asserted or commenced against Seller Sellers that may involve or relate in any way to SellerSellers, the Assets or the operation of the FacilityFacilities. Seller Sellers shall promptly notify Buyer Buyers of any facts or circumstances that come to Seller’s Sellers’ attention and that cause, or through the passage of time or the giving of notice or either, may cause any of Seller’s Sellers’ representations and warranties to be untrue or misleading at any time from the date hereof through Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Diversicare Healthcare Services, Inc.)

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Preserve Accuracy of Representations and Warranties. Seller shall refrain from and shall cause the Company to refrain from taking any action which would render any representation representations and warranty warranties contained in Article 3 III hereof untrue, inaccurate or misleading as of Closing. Seller will shall promptly notify Buyer of any lawsuitlawsuits, claimclaims, administrative action actions or other proceeding proceedings asserted or commenced against Seller that may involve Seller, Company, their respective directors, officers, shareholders or relate affiliates, or involving or affecting in any way to Seller, the Assets or the business and operation of the FacilityAssets. Seller shall promptly notify Buyer of any facts or circumstances that which come to Seller’s their attention and that which cause, or through the passage of time or the giving of notice or eithermay cause, may cause any of Seller’s 's representations and warranties to be untrue or misleading at any time from the date hereof through to Closing.

Appears in 1 contract

Samples: Stock Purchase Agreement (New American Healthcare Corp)

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