Response to Requests for Information. Each Party shall use commercially reasonable efforts to provide to each other Party, in a timely manner, such information about the Project as such other Party may reasonably request from time to time, including: (i) information concerning: (A) the Government Approvals required to be obtained by such Party pursuant to Section 3.2(a) and any litigation with respect to such Government Approvals which is pending or threatened in writing which such Party has knowledge of; (B) such Party’s current expectations as to whether or not it is likely to proceed with the Project; and/or (C) any litigation against such Party or its Affiliates which is pending or threatened in writing which such Party has knowledge of and which directly affects the Project; or (ii) information required by such other Party to apply for and obtain financing from its Lenders and/or Government Approvals which it is required to obtain pursuant to Section 3.2(a). As used in this Section 3.3(b), “commercially reasonable efforts” shall include, in the case of ERGS SC, using commercially reasonable efforts to obtain from the Project Manager such information about the Project as the other Parties may reasonably request from time to time.
Appears in 2 contracts
Sources: Ownership Agreement (Mge Energy Inc), Ownership Agreement (Madison Gas & Electric Co)