Common use of Mutual Understanding Regarding Amendments Clause in Contracts

Mutual Understanding Regarding Amendments. (a) In addition to the transactions contemplated hereby or at the request of a party hereto, the parties hereto will continue from and after the date hereof and through and including the Effective Date to use their respective commercially reasonable best efforts to maximize present and future planning opportunities for Glamis, the Glamis Shareholders, the Glamis Subsidiaries, Goldcorp and the Goldcorp Material Subsidiaries as and to the extent that the same shall not prejudice any party hereto or the shareholders thereof. The parties hereto will ensure that such planning activities do not impede the progress of the Arrangement in any material way.

Appears in 2 contracts

Samples: Agreement (Glamis Gold LTD), Arrangement Agreement (Glamis Gold LTD)

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Mutual Understanding Regarding Amendments. (a) In addition to the transactions contemplated hereby or at the request of a party Party hereto, the parties hereto will continue from and after the date hereof and through and including the Effective Date to use their respective commercially reasonable best efforts to maximize present and future planning opportunities for GlamisPeak, the Glamis Peak Shareholders, the Glamis Peak Subsidiaries, Goldcorp Metallica, the Metallica Shareholders, the Metallica Subsidiaries and the Goldcorp Material Subsidiaries New Gold as and to the extent that the same shall not prejudice any party hereto or the shareholders thereof. The parties hereto will ensure that such planning activities do not impede the progress of the Arrangement Arrangements in any material way.

Appears in 2 contracts

Samples: Business Combination Agreement (New Gold Inc. /FI), Business Combination Agreement (Metallica Resources Inc)

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Mutual Understanding Regarding Amendments. (a) In addition to the transactions contemplated hereby or at the request of a party hereto, the parties hereto will continue from and after the date hereof and through and including the Effective Date to use their respective commercially reasonable best efforts to maximize present and future planning opportunities for GlamisLinear, the Glamis Linear Shareholders, the Glamis Linear Subsidiaries, Goldcorp Apollo, the Apollo Shareholders and the Goldcorp Material Apollo Subsidiaries as and to the extent that the same shall not prejudice any party hereto or the shareholders thereof. The parties hereto will ensure that such planning activities do not impede the progress of the Arrangement in any material way.

Appears in 1 contract

Samples: Arrangement Agreement (Apollo Gold Corp)

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