Common use of Notice and Effect of Failure to Comply with Conditions Clause in Contracts

Notice and Effect of Failure to Comply with Conditions. (a) Each Party shall give prompt notice to the other of the occurrence, or failure to occur of any event or state of facts which occurrence or failure would, or would reasonably be likely to:

Appears in 2 contracts

Samples: Arrangement Agreement (Enbridge Inc), Arrangement Agreement

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Notice and Effect of Failure to Comply with Conditions. (a) Each Party of the parties hereto shall give prompt notice to the other others of the occurrence, or failure to occur occur, at any time from the date hereof to the Effective Date, of any event or state of facts which occurrence or failure would, or would reasonably be likely to:, result in the failure to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by any party hereunder provided, however, that no such notification will affect the conditions to the obligations of the parties hereunder.

Appears in 1 contract

Samples: Arrangement Agreement (Penn West Energy Trust)

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Notice and Effect of Failure to Comply with Conditions. (a) Each Party shall give prompt notice to the other of the occurrence, or failure to occur occur, of any event or state of facts which occurrence or failure would, or would reasonably be likely to:

Appears in 1 contract

Samples: Arrangement Agreement (Transalta Corp)

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