Cooperation of Parties in Withdrawal Process. WCI, Inc. shall, as soon as reasonably possible, notify the Minister and the other Participating Jurisdictions of any circumstance or event of which it become aware that is related to or is resulting from Québec’s withdrawal from WCI, Inc. that could potentially have a material negative affect to WCI, Inc., the remaining Participating Jurisdictions or applicable markets (“Negative Consequences”). WCI, Inc. and the Minister, in consultation with the other Participating Jurisdictions, shall work in good faith and in a diligent manner to mitigate any such Negative Consequences which may include, but are not limited to, removing Québec from all IT and related platforms, closing all escrow accounts and de-linking Québec from any other Participating Jurisdiction.
Appears in 2 contracts
Sources: Financial Assistance Agreement, Financial Assistance Agreement
Cooperation of Parties in Withdrawal Process. WCI, Inc. shall, as soon as reasonably possible, notify the Minister Nova Scotia and the other Participating Jurisdictions of any circumstance or event of which it become aware that is related to or is resulting from QuébecNova Scotia’s withdrawal from WCI, Inc. that could potentially have a material negative affect to WCI, Inc., the remaining Participating Jurisdictions or applicable markets (“Negative Consequences”). WCI, Inc. and the MinisterNova Scotia, in consultation with the other Participating Jurisdictions, shall work in good faith and in a diligent manner to mitigate any such Negative Consequences which may include, but are not limited to, removing Québec Nova Scotia from all IT and related platforms, closing all escrow accounts and de-linking Québec Nova Scotia from any other Participating Jurisdiction.
Appears in 2 contracts
Sources: Funding Agreement, Funding Agreement