Page 22 - Demo
P. 22
14 WAIVER
14.1 The waiver by any Party of any default by any other Party in the performance of any obligation of such other Party under this Agreement will not affect such Party’s rights in respect of any other default nor any subsequent default of the same or of a different kind.
14.2 Any delay or omission of any Party to exercise any right arising from any default will not affect or prejudice that Party’s rights as to the same or any future default.
15 CONFIDENTIALITY
15.1 Subject to clauses 15.3 and 15.4 none of the Parties are without the prior written consent of the others knowingly to disclose or publish or permit or cause to be disclosed or published any details of this Agreement or its existence save only:
15.1.1 to the extent necessary in order to comply with the requirement of the Stock Exchange;
15.1.2 to HM Revenue & Customs or the rating authority;
15.1.3 to the extent necessary to stamp documents and effect noting or registration at the Land Registry;
15.1.4 to the extent necessary to comply with statutory obligations;
15.1.5 to the extent necessary for audit purposes;
15.1.6 to the extent necessary to obtain professional advice in relation to the determination of any dispute;
15.1.7 to the extent ordered to do so by the court or any other competent authority; or
15.1.8 to the extent necessary to comply with the provisions of this Agreement.
15.2 Each of the Parties is to procure that their professional advisers and agents are fully instructed and required to comply with these restrictions on disclosure.
15.3 The Parties or either of them may issue one or more press releases each in a form agreed between them in writing such agreement to be made by way of a Joint Decision.
15.4 The Parties agree (and the Owner consents to such an application being made to the Land Registry) that this Agreement (if required by the Promoter) shall be noted against the title to the Property by means of an Agreed Notice or otherwise by way of unilateral notice.
19
/Users/georgegriffiths/Library/Containers/com.apple.mail/Data/Library/Mail Downloads/6663C249-66B1-4856-B8AF-3D567A64A39C/Promotion Agreement (engrossment) (JMW).doc