Common use of Update of Disclosure Schedules Clause in Contracts

Update of Disclosure Schedules. From time to time prior to the Effective Time, the Seller will promptly supplement or amend the Seller Disclosure Schedule to reflect any matter which, if existing, occurring or known at the date of this Agreement, would have been required to be set forth or described in the Seller Disclosure Schedule or which is necessary to correct any information in the Seller Disclosure Schedule which has been rendered inaccurate thereby. No supplement or amendment to the Seller Disclosure Schedule shall have any effect for the purpose of determining satisfaction of the conditions set forth in Section 7.2(b) hereof or compliance by the Seller with the covenants set forth in Article V hereof.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Ust Corp /Ma/), Agreement and Plan of Merger (Medford Bancorp Inc), Agreement and Plan of Merger (Commonwealth Bancorp Inc)

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Update of Disclosure Schedules. From time to time prior to the Effective Time, the Seller will promptly supplement or amend the Seller Disclosure Schedule to reflect any matter which, if existing, occurring or known at the date of this Agreement, would have been required to be set forth or described in the Seller Disclosure Schedule or which is necessary to correct any information in the Seller Disclosure Schedule which has been rendered inaccurate thereby. No supplement or amendment to the Seller Disclosure Schedule shall have any effect for the purpose of determining satisfaction of the conditions set forth in Section 7.2(b8.02(a) hereof or the compliance by the Seller with the covenants set forth in Article V VI and Article VII hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Seacoast Financial Services Corp), Agreement and Plan of Merger (Home Port Bancorp Inc)

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