Common use of Update of Obligations Clause in Contracts

Update of Obligations. Not less than 2 Business Days prior to the Proposed Step-In Date, the Design-Builder will give notice to the Authority of any change in such sums, obligations or liabilities referred to in Section 3.3.

Update of Obligations. Not less than 2 two Business Days prior to the Proposed Step-In in Date, the Design-Builder will give notice to the Authority Owner of any change in such sums, obligations or liabilities referred to in Section 3.3.