Common use of Revisions of Prospectus -- Material Changes Clause in Contracts

Revisions of Prospectus -- Material Changes. If, at any time when a prospectus relating to the Notes is required to be delivered under the 1933 Act, any event occurs as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact, or omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading, or if it is necessary at any time to amend or supplement the Registration Statement or the Prospectus to comply with the 1933 Act, the Company and U S WEST will immediately notify the Agents to cease the solicitation of offers to purchase the Notes in their capacity as Agent and to cease sales of any Notes the Agents may then own as principal, and the Company and U S WEST promptly will prepare and file with the SEC an amendment or supplement which will correct such untrue statement or omission or effect such compliance.