Common use of Management of Conflicts of Interest Clause in Contracts

Management of Conflicts of Interest. (a) Each party warrants, to the best of its knowledge after making diligent inquiry, as at the Commencement Date, that no Conflict of Interest exists or is likely to arise in the performance of its obligations under this Agreement. (b) If during the Agreement Period, a Conflict of Interest arises in relation to a party (Conflicted Party), or appears likely to arise, the Conflicted Party must: (i) immediately notify the other party in writing of the Conflict of Interest making a full disclosure of all relevant information relating to the Conflict of Interest and setting out the steps the Conflicted Party proposes to take to resolve or otherwise deal with the Conflict of Interest; and (ii) take such steps as the other party may reasonably require to resolve or otherwise deal with that Conflict of Interest.

Management of Conflicts of Interest. (a) Each party warrants, to the best of its knowledge after making diligent inquiry, as at the Commencement Date, that no Conflict of Interest exists or is likely to arise in the performance of its obligations under this Agreement. (b) . If during the Agreement Period, a Conflict of Interest arises in relation to a party (Conflicted Party), or appears likely to arise, the Conflicted Party must: (i) : immediately notify the other party in writing of the Conflict of Interest making a full disclosure of all relevant information relating to the Conflict of Interest and setting out the steps the Conflicted Party proposes to take to resolve or otherwise deal with the Conflict of Interest; and (ii) and take such steps as the other party may reasonably require to resolve or otherwise deal with that Conflict of Interest.