Common use of Profound Changes in Circumstances Clause in Contracts

Profound Changes in Circumstances. (a) In the event there is a Profound Changes in Circumstances from those existing on the Effective Date or on the date of the most recent review of this Agreement pursuant to this Section 23.02, either Party, shall at the request of the other Party, consult together to discuss the provisions of this Agreement that are directly related to the Profound Changes in Circumstances. The Party who is of the view that Profound Changes in Circumstances exists shall provide the other Party with reasonable information with respect thereof. The Parties shall meet to review the matter raised as soon after such request as is reasonably convenient for them both.

Profound Changes in Circumstances. (a) In the event there is a Profound Changes in Circumstances from those existing on the Effective Date or on the date of the most recent review of this Agreement pursuant to this Section 23.02Section, either Party, shall at the request of the other Party, consult together to discuss the provisions of this Agreement that are directly related to the Profound Changes in Circumstances. The Party who is of the view that Profound Changes in Circumstances exists shall provide the other Party with reasonable information with respect thereof. The Parties shall meet to review the matter raised as soon after such request as is reasonably convenient for them both.