Common use of Delivery and Deemed Receipt of Notices Clause in Contracts

Delivery and Deemed Receipt of Notices. (a) Notwithstanding anything in this Agreement, any notice, designation, statement or similar communication required by or permitted in this Agreement shall be in writing; (b) Any notice, designation, statement or similar communication may be served upon the Party for whom such communication was intended by causing such communication to be delivered: (i) to the address for service, as specified herein, of such Party, during a Business Day and during the usual business hours of such Party; or (ii) by telefacsimile or any similar method in which printed documents can be electronically transmitted and reproduced, to the telefacsimile number for service, as specified herein, of such Party, during a Business Day and during the usual business hours of such Party; (c) Any notice, designation, statement or communication delivered in accordance with either subsection 12.2(b)(i) or 12.2(b)(ii) shall be deemed to have been received by the Party for whom such communication was intended on the Business Day on which such communication was delivered; and Table of Contents (d) Any notice, designation, statement or communication delivered in a manner that is not in accordance with either subsection 12.2(b)(i) or 12.2(b)(ii) shall be deemed to have been received by the Party for whom such communication was intended on the first Business Day that follows the day on which such communication was actually delivered to such Party.

Appears in 2 contracts

Samples: Royalty Agreement, Royalty Agreement (Paramount Energy Trust)

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Delivery and Deemed Receipt of Notices. (a) Notwithstanding anything in this Agreement, any notice, designation, statement or similar communication required by or permitted in this Agreement shall be in writing; (b) Any notice, designation, statement or similar communication may be served upon the Party for whom such communication was intended by causing such communication to be delivered: (i) to the address for service, as specified herein, of such Party, during a Business Day and during the usual business hours of such Party; or (ii) by telefacsimile or any similar method in which printed documents can be electronically transmitted and reproduced, to the telefacsimile number for service, as specified herein, of such Party, during a Business Day and during the usual business hours of such Party; (c) Any notice, designation, statement or communication delivered in accordance with either subsection 12.2(b)(i) or 12.2(b)(ii) shall be deemed to have been received by the Party for whom such communication was intended on the Business Day on which such communication was delivered; and Table of Contentsand (d) Any notice, designation, statement or communication delivered in a manner that is not in accordance with either subsection 12.2(b)(i) or 12.2(b)(ii) shall be deemed to have been received by the Party for whom such communication was intended on the first Business Day that follows the day on which such communication was actually delivered to such Party.

Appears in 2 contracts

Samples: Royalty Agreement (Paramount Energy Trust), Royalty Agreement (Paramount Energy Trust)

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