Common use of Duty of loyal cooperation and information Clause in Contracts

Duty of loyal cooperation and information. In the exercise of its rights and the performance of its obligations under this Agreement each Par- ty shall: (a) act in good faith and collaborate with the other Party closely and transparently in their con- tractual relations; and (b) promptly give to the other Party notice of facts and any information that may reasonably affect its own or the other Party’s ability to perform its obligations under this Agreement in any material respect.

Appears in 4 contracts

Samples: Framework Agreement, T2s Framework Agreement, Framework Agreement

AutoNDA by SimpleDocs

Duty of loyal cooperation and information. In the exercise of its rights and the performance of its obligations under this Agreement each Par- ty Party shall: (a) act in good faith and collaborate with the other Party closely and transparently in their con- tractual contractual relations; and (b) promptly give to the other Party notice of facts and any information that may reasonably affect its own or the other Party’s ability to perform its obligations under this Agreement in any material respect.

Appears in 1 contract

Samples: T2s Framework Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!