Common use of Joint Communication Clause in Contracts

Joint Communication. 16.3.1. The MCSC shall decide on the channel via which joint communications (i.e. communications made by or in the name of all the Parties) are made to the public and to the market participants. Each joint communication shall bear a common SDAC logo, if available. Joint communications shall only take place after approval by the MCSC of the content of the communication. The MCSC shall also agree, for any joint communication, on the date and hour at which the joint communication is effective. 16.3.2. The Parties shall communicate jointly on, at least, the following events: • major incidents regarding the SDAC • SDAC operation suspensions or interruptions; • extension of SDAC to other countries or region; • Exit of (a) Party(ies); • termination; • other events for which a joint communication is judged necessary by the MCSC. 16.3.3. Operational communication messages are dealt with in the relevant procedure set forth in Annex 2. 16.3.4. A Party may communicate individually to third parties on the issues which are subject to joint communication if such individual communication is urgently needed.