Common use of Obligations of the Parties towards Clause in Contracts

Obligations of the Parties towards. each other (1) Each Party undertakes to use its reasonable endeavours: • to promptly notify the Co-ordinator and each of the Parties of any significant problem and delay likely to affect the success of the Project and • to inform other Parties of relevant communications it receives from third parties in relation to the Project. (2) Each Party shall use best efforts to ensure the accuracy of any information or materials it supplies hereunder or under the Contract and promptly to correct any error therein of which it is notified. The recipient Party shall be entirely responsible for the Use to which it puts such information and materials. (3) In addition to the obligations specified in the Contract, Annex II, and not withstanding the stipulations of Section 9 below, each Party agrees not to use knowingly, as part of a Deliverable or Project Task or in the design of such Deliverable or Project Task or in any information supplied hereunder or under the Contract, any proprietary rights of a third party for which such Party has not acquired the right to grant licences and user rights to the other Parties in accordance with the Contract, unless all of the other Parties have accepted such Use in writing, such acceptance not to be unreasonably withheld.

Appears in 2 contracts

Sources: Consortium Agreement, Consortium Agreement