Common use of Provision of Information; Access Clause in Contracts

Provision of Information; Access. Until the Effective Date or termination of this Agreement, each Party agrees to keep the Other Party fully appraised in a timely manner of every circumstance, action, occurrence or event occurring or arising after the date hereof that would be relevant and material to a prudent operator of the business and operations of Western and Purchaser. Each Party shall confer with and obtain the approval of the Other Party (not to be unreasonably withheld or delayed), prior to taking action (other than in emergency situations) with respect to any material operational matters involved in its business.

Appears in 2 contracts

Sources: Arrangement Agreement (Marathon Oil Corp), Arrangement Agreement (Marathon Oil Corp)