Common use of Notice by IR Clause in Contracts

Notice by IR. Upon receipt of any notice of a Claim, IR will promptly notify BBDC in writing of any such claim; provided, however, any failure to so notify BBDC will not relieve IR of any liability it may have to BBDC except to the extent such liability was caused by such failure or as provided in Section 7.8.

Notice by IR. Upon receipt of any notice of a Claim, IR will ------------ promptly notify BBDC in writing of any such claim; provided, however, any failure to so notify BBDC will not relieve IR of any liability it may have to BBDC except to the extent such liability was caused by such failure or as provided in Section 7.8.