Common use of CHANGES IN CONSULTANT ORGANIZATION Clause in Contracts

CHANGES IN CONSULTANT ORGANIZATION. The Consultant shall notify SRTA in writing within five (5) business days upon any action that changes Consultant’s corporate structure, including company mergers, company acquisitions, changes in corporate names, changes in corporate officers, changes in corporate governing structure, and similar relevant information. Such notification shall identify how the change in corporate business structure will impact SRTA, including payments to the Consultant, and Consultant shall identify how these impacts to SRTA will be mitigated. Consultant shall immediately notify SRTA of any material adverse change since the Effective Date in Consultant’s financial condition, business, affairs or operations, or of the existence of any material impairment of rights or ability of Consultant to carry on as its business and operations as are currently conducted.

Appears in 3 contracts

Samples: Professional Services Contract For, Professional Services Contract, www.srta.ga.gov

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