Common use of Cooperation, Notification Clause in Contracts

Cooperation, Notification. Each party shall, and shall cause its Subsidiaries and shall use its best efforts to cause, its Joint Ventures to (a) cause its appropriate representatives to confer on a regular and frequent basis with one or more representatives of each other party to discuss, subject to applicable law, material operational matters and the general status of its ongoing operations; (b) promptly notify each other party of any significant changes in its business, properties, assets, condition (financial or other), results of operations or prospects; (c) advise each other party of any change or event which has, had or, insofar as reasonably can be foreseen, is reasonably likely to result in, in the case of WPL, a WPL Material Adverse Effect, in the case of IES, an IES Material Adverse Effect, or in the case of Interstate, an Interstate Material Adverse Effect; and (d) promptly provide each other party with copies of all filings made by such party or any of its Subsidiaries with any state or Federal court, administrative agency, commission or other Governmental Authority in connection with this Agreement and the transactions contemplated hereby.

Appears in 4 contracts

Samples: Merger Agreement (Ies Industries Inc), Merger Agreement (Interstate Power Co), Merger Agreement (WPL Holdings Inc)

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