Common use of Collaboration and Consultation Clause in Contracts

Collaboration and Consultation. Each of the parties shall provide to the other on a timely basis all of the information within its control which is required to: (i) enable the other party to satisfy its continuous reporting obligations under the Securities Act, the Exchange Act and under Canadian Securities Laws; (ii) meet the operational/management needs of the other Party, including (without limitation): (a) Strategic and business planning; (b) Activity that would be considered a material event, fact or change involving the acquisition of the securities, business, technology, property or other assets of another person or entity (“M&A Activity”); (c) Preparation of budgets and Forecasts; (d) Preparation of public filings and press releases; (e) Banking and credit relationships, including issuance of debt; (f) Retainer of external tax, investor relations, legal and risk management advisors; (g) Retainer of subsidiary governance service providers and coordination on subsidiary governance where beneficial; (h) Investor relations; (i) Regular auditor internal control over financial reporting attestation as required under Section 404(b) of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act and management testing of internal controls over financial reporting, and related certifications and other periodic Internal Audit Reviews; (j) Ongoing enterprise risk assessment; and (k) Tax planning and ongoing administration of tax compliance.