<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/R8ag5JKPRg3HngizEIw7VvQ">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/RHZTIZfN6Fbrf6azRExLaD"/>
  <rdfs:label>Notifications of Certain Matters</rdfs:label>
  <skos:definition>"Notifications of Certain Matters" refers to a contractual obligation wherein one party must inform the other party about specific events or developments, especially those that could impact the terms, conditions, or value of a deal. Depending on the agreement, these notifications may be required during the negotiation and execution phases of the deal, or after its completion, ensuring transparency and facilitating timely responses to any material changes or unforeseen circumstances.</skos:definition>
</owl:Class>
