Common use of Without prejudice to the provisions of paragraph Clause in Contracts

Without prejudice to the provisions of paragraph. 2.3 above, the Board will use its reasonable endeavours to inform the Sponsor promptly of any circumstances reasonably thought likely to give rise to any such claim or proceeding of which it is directly aware and shall keep the Sponsor reasonably informed of developments in relation to any such claim or proceeding even where the Board decides not to make a claim under this indemnity. Likewise, the Sponsor shall use its reasonable endeavours to inform the Board of any circumstances and shall keep the Board reasonably informed of developments in relation to any such claim or proceeding made or brought against the Sponsor alone.