NOTICES RE EXCHANGES WITH Clause Samples
The "Notices Re Exchanges With" clause establishes the requirement for parties to formally notify each other regarding any communications or exchanges with third parties that may affect the agreement. In practice, this clause typically applies to situations where one party receives information, requests, or correspondence from external entities—such as regulatory bodies, subcontractors, or other stakeholders—that could impact the contractual relationship. By mandating timely and structured notification, the clause ensures transparency and allows both parties to respond appropriately, thereby minimizing misunderstandings and managing potential risks arising from external interactions.
NOTICES RE EXCHANGES WITH. WESTLAKE Geon shall provide BFG with written notice of the termination and expiration dates and quantities of each of its Ethylene and Chlorine supply contracts for supply of Ethylene or Chlorine to the LaPo▇▇▇ ▇▇▇nt and to one or more converters for conversion into EDC for consumption by Geon at the LaPo▇▇▇ ▇▇▇nt. Such notices shall be provided as required by and in accordance with the terms and provisions of the Ethylene Supply Agreement or the Chlorine Supply Agreement. as the case may be, provided, however, that any such notice shall be delivered by Geon to BFG at least ten (10) days in advance of the date on which identical notice must be given to Westlake under the terms of the Ethylene Supply Agreement or the Chlorine Supply Agreement. as the case may be. Within 10 days after receipt of written notice from Westlake of Westlake's intention to exercise its exchange rights to exchange Ethylene or Chlorine under the Ethylene Supply Agreement or the Chlorine Supply Agreement. BFG shall give written notice to Geon regarding BFG's intention to sell and deliver such quantities of Ethylene or Chlorine to Geon pursuant to the terms of this Agreement. Such notice shall specify, to the extent communicated by Westlake, the commencement date of such sales and deliveries and the quantities and expiration dates of such sales and deliveries.
