Common use of Approvals and Notifications Clause in Contracts

Approvals and Notifications. (a) To the extent that the transfer or assignment of any Venator Asset, the assumption of any Venator Liability, the Contribution or the IPO requires any Approvals or Notifications, the Parties will endeavor to obtain or make such Approvals or Notifications as soon as reasonably practicable; provided, however, that, except to the extent expressly provided in this Agreement (including in Section 2.4(j)) or any of the Ancillary Agreements or as otherwise agreed between Huntsman and Venator), neither Huntsman nor Venator shall be obligated to contribute capital or pay any consideration in any form (including providing any letter of credit, guaranty or other financial accommodation) to any Person in order to obtain or make such Approvals or Notifications.

Approvals and Notifications. (a) To the extent that the transfer or assignment of any Venator CRC Asset, the assumption of any Venator CRC Liability, the Contribution Separation or the IPO Distribution requires any Approvals or Notifications, the Parties will endeavor to obtain or make such Approvals or Notifications as soon as reasonably practicable; provided, however, that, except to the extent expressly provided in this Agreement (including in Section 2.4(j)) or any of the Ancillary Agreements or as otherwise agreed between Huntsman OPC and VenatorCRC), neither Huntsman OPC nor Venator CRC shall be obligated to contribute capital or pay any consideration in any form (including providing any letter of credit, guaranty or other financial accommodation) to any Person in order to obtain or make such Approvals or Notifications.

Approvals and Notifications. (a) To the extent that the transfer or assignment of any Venator AssetAsset contemplated hereby, the assumption of any Venator LiabilityLiability contemplated hereby, the Contribution Separation or the IPO Distribution requires any Approvals or Notifications, the Parties will endeavor shall use their commercially reasonable efforts to obtain or make such Approvals or Notifications as soon as reasonably practicable; provided, however, that, except to the extent expressly provided in this Agreement (including in Section 2.4(j)) or any of the Ancillary Agreements or as otherwise agreed between Huntsman INSW and Venator)OSG, neither Huntsman INSW nor Venator OSG shall be obligated to (i) contribute material capital or pay any material consideration in any form (including providing any letter of credit, guaranty or other financial accommodation) to any Person or (ii) compromise any right, asset or benefit in order to obtain or make such Approvals or Notifications.