Common use of Duty of notification Clause in Contracts

Duty of notification. OZ shall notify Ericsson without delay and in writing if any of the following events is likely to occur, or has already occurred: - material changes in the conditions of ownership with respect to OZ or that part of OZ's business which is engaged in the Development Work; - OZ's bankruptcy, suspension of payments, composition proceedings or liquidation; - infringement of a third party's rights; or - defects or shortcomings in a specification.

Duty of notification. OZ shall notify Ericsson without delay and in writing if any of the following events is likely to occur, or has already occurred: - material changes in the conditions of ownership with respect to OZ or that part of OZ's business which is engaged in the Development Work; - OZ's bankruptcy, suspension of payments, composition proceedings or liquidation; - infringement Infringements of a third party's rights; or - defects Defects or shortcomings in a specification. This duty of notification does not entail any discharge from liability from any other effects herein described.