Reported Material Changes; Notice by Customer Clause Samples

The "Reported Material Changes; Notice by Customer" clause requires the customer to promptly inform the other party of any significant changes that could affect the agreement or the customer's ability to fulfill its obligations. In practice, this means the customer must notify the provider if there are major events such as changes in ownership, financial condition, or business operations. This clause ensures that the provider is kept aware of any developments that might impact the contractual relationship, allowing for timely responses to potential risks or necessary adjustments to the agreement.
Reported Material Changes; Notice by Customer. The Customer shall use its best efforts to deliver to RES a written notice describing all actual or proposed Material Changes in the Premises or in the operations of the Premises at least fifteen (15) days before any actual or proposed Material Change is implemented or as soon as is practicable after an emergency or other unplanned event, or finding a material change. Notice to RES of Material Changes which result because of a bona fide emergency or other situation which precludes advance notification shall be deemed sufficient if given by the Customer within five (5) business days after having actual knowledge that the event constituting the Material Change occurred or was discovered by the Customer to have occurred.
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Reported Material Changes; Notice by Customer. The Customer shall use its best efforts to deliver to the ESCO a written notice describing all actual or proposed Material Changes in the Premises or in the operations of the Premises at least <number> days before any actual or proposed Material Change is implemented or as soon as is practicable after an emergency or other unplanned event. Notice to the ESCO of Material Changes which result because of a bona fide emergency or other situation which precludes advance notification shall be deemed sufficient if given by the Customer within <number> hours after having actual knowledge that the event constituting the Material Change occurred or was discovered by the Customer to have occurred.
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Reported Material Changes; Notice by Customer. The Customer shall use its best efforts to deliver to the ESCO a written notice describing all actual or proposed Material Changes in the premises or in the operation of the premises at least thirty (30) calendar days before any actual or proposed Material Changes are implemented or as soon as is practicable after any emergency or unplanned event. The Customer shall use its best efforts to notify the ESCO or its designee(s) within forty-eight (48) hours after the Customer’s actual knowledge and occurrence of Material Changes which result because of a bona fide emergency or other situation which precludes advanced notification.
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Related to Reported Material Changes; Notice by Customer

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