Common use of Updating information Clause in Contracts

Updating information. In the event that the Shareholder shall ---------------------- discover that any representation or warranty made herein by him/her was false or misleading in any material respect when made or that any event has occurred such that any representation or warranty of the Shareholder made herein would, if made at and as of the time of the occurrence of such event, or thereafter, be incorrect in any material respect, the Shareholder shall deliver to Palomar a statement specifying that it is delivered pursuant to this Section 1.3 and stating in reasonable detail the facts with respect thereto. Delivery of any such statement shall not limit any rights which Palomar may otherwise have under this Shareholder Agreement.

Updating information. In the event that the Shareholder shall ---------------------- --------------------- discover that any representation or warranty made herein by him/her was false or misleading in any material respect when made or that any event has occurred such that any representation or warranty of the Shareholder made herein would, if made at and as of the time of the occurrence of such event, or thereafter, be incorrect in any material respect, the Shareholder shall deliver to Palomar a statement specifying that it is delivered pursuant to this Section 1.3 and stating in reasonable detail the facts with respect thereto. Delivery of any such statement shall not limit any rights which Palomar may otherwise have under this Shareholder Agreement.