Common use of Notification of material developments Clause in Contracts

Notification of material developments. The relevant Seller (other than the Issuer) shall promptly after becoming aware of the occurrence thereof notify each Dealer of any development affecting it or any of its businesses which, in its opinion, is material in the context of the Program or any issue of Covered Bonds.

Appears in 2 contracts

Samples: Dealership Agreement, Dealership Agreement

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Notification of material developments. The relevant Seller (other than the Issuer) shall promptly after becoming aware of the occurrence thereof notify each Dealer of any development affecting it or any of its businesses which, in its opinion, is material in the context of the Program Programme or any issue of Covered Bonds.

Appears in 2 contracts

Samples: Programme Agreement, Programme Agreement

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