Common use of Current Information Clause in Contracts

Current Information. (a) During the period from the date of this Agreement to the Closing, each Party hereto shall promptly notify each other Party of any (i) significant change in its ordinary course of business, (ii) proceeding (or communications indicating that the same may be contemplated), or the institution or threat or settlement of proceedings, in each case involving the Parties the outcome of which, if adversely determined, could reasonably be expected to have a material adverse effect on the Party, taken as a whole or (iii) event which such Party reasonably believes could be expected to have a material adverse effect on the ability of any party hereto to consummate the Share Exchange.

Appears in 9 contracts

Samples: Share Exchange Agreement and Plan of Reorganization, Share Exchange Agreement and Plan of Reorganization (MediXall Group, Inc.), Share Exchange Agreement and Plan of Reorganization (Petrus Resources Corp)

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Current Information. (a) During the period from the date of this Agreement to the Closing, each Party hereto shall promptly notify each other Party of any (i) significant change in its ordinary the normal course of business or operations of its business, (ii) proceeding Proceeding (or communications indicating that the same may be contemplated), or the institution or threat or settlement of proceedingsProceedings, in each case involving the Parties such Party, the outcome of which, if adversely determined, could reasonably be expected to have a material adverse effect Material Adverse Effect on the Party, taken as a whole or (iii) event which such Party reasonably believes could be expected to have a material adverse effect Material Adverse Effect on the ability of any party hereto Party to consummate the Share Exchange.

Appears in 7 contracts

Samples: Share Exchange Agreement (Spiral Energy Tech., Inc.), Share Exchange Agreement (SOUTHERN STATES SIGN Co), Share Exchange Agreement (Western Ridge Minerals, Inc.)

Current Information. (a) During the period from the date of this Agreement to the Closing, each Party hereto shall promptly notify each other Party of any (i) significant change in its ordinary course Ordinary Course of businessBusiness, (ii) proceeding Proceeding (or communications indicating that the same may be contemplated), or the institution or threat or settlement of proceedingsProceedings, in each case involving the Parties the outcome of which, if adversely determined, could reasonably be expected to have a material adverse effect Material Adverse Effect on the Party, taken as a whole or (iii) event which such Party reasonably believes could be expected to have a material adverse effect Material Adverse Effect on the ability of any party hereto to consummate the Share Exchange.

Appears in 5 contracts

Samples: Share Exchange Agreement and Plan of Reorganization (Smartheat Inc.), Share Exchange Agreement (Nova Lifestyle, Inc.), Share Exchange Agreement and Plan of Reorganization (CleanTech Innovations, Inc.)

Current Information. (a) During the period from the date of this Agreement to the Closing, each Party hereto shall promptly notify each other Party of any (i) significant change in its ordinary course of business, (ii) proceeding (or communications indicating that the same may be contemplated), or the institution or threat or settlement of proceedings, in each case involving the Parties the outcome of which, if adversely determined, could reasonably be expected to have a material adverse effect on the Party, taken as a whole or (iii) event which such Party reasonably believes could be expected to have a material adverse effect on the ability of any party hereto to consummate the Share Securities Exchange.

Appears in 2 contracts

Samples: Securities Exchange Agreement, Securities Exchange Agreement (PayMeOn, Inc.)

Current Information. (a) During the period from the date of this Agreement to the Closing, each Party hereto shall promptly notify each other Party of any (i) significant change in its ordinary course of 0of business, (ii) proceeding (or communications indicating that the same may be contemplated), or the institution or threat or settlement of proceedings, in each case involving the Parties the outcome of which, if adversely determined, could reasonably be expected to have a material adverse effect on the Party, taken as a whole or (iii) event which such Party reasonably believes could be expected to have a material adverse effect on the ability of any party hereto to consummate the Share Exchange.

Appears in 2 contracts

Samples: Share Exchange Agreement and Plan of Reorganization (Oicco Acquisition I, Inc.), Share Exchange Agreement and Plan of Reorganization (Oicco Acquisition I, Inc.)

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Current Information. (a) During the period from the date of this Agreement to the Closing, each Party hereto shall promptly notify each other Party of any (i) significant change in its ordinary course of business, (ii) proceeding (or communications indicating that the same may be contemplated), or the institution or threat or settlement of proceedings, in each case involving the Parties the outcome of which, if adversely determined, could reasonably be expected to have a material adverse effect on the Party, taken as a whole or (iii) event which such Party reasonably believes could be expected to have a material adverse effect on the ability of any party hereto to consummate the Share ExchangeTransactions.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Anpath Group, Inc.)

Current Information. (a) During the period from the date of this Agreement to the Closing, each Party hereto shall promptly notify each other Party of any (i) significant change in its ordinary course of business, (ii) proceeding (or communications indicating that the same may be contemplated), or the institution or threat or settlement of proceedings, in each case involving the Parties the outcome of which, if adversely determined, could reasonably be expected to have a material adverse effect on the Party, taken as a whole or (iii) event which such Party reasonably believes could be expected to have a material adverse effect on the ability of any party hereto to consummate the Share Exchange.. (b) During the period from the date of this Agreement to the Closing, MDXL shall promptly notify MEDIX of any correspondence received from the SEC and FINRA and shall deliver a copy of such correspondence to MEDIX within one (1) business day of receipt. 4.3

Appears in 1 contract

Samples: Share Exchange Agreement and Plan of Reorganization

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