Common use of Obligations to Inform Clause in Contracts

Obligations to Inform. Each party undertakes to disclose in writing to the other parties anything which will or may prevent any of the Conditions from being satisfied on or prior to the Long Stop Date (or subsequently) immediately when it comes to its attention and otherwise to keep each other party informed of the progress towards satisfaction of the Conditions.

Appears in 2 contracts

Sources: Framework Agreement (North Atlantic Drilling Ltd.), Framework Agreement (Seadrill LTD)