Acting in Good Faith Sample Clauses

Acting in Good Faith. For the purposes of this Agreement, when any determination or decision is made by the Board of Directors pursuant to this Agreement, the Board of Directors shall exercise its power and discharge its duties honestly and in good faith with a view to the best interests of the Corporation and each director shall exercise the care, diligence and skill that a reasonably prudent person would exercise in comparable circumstances.
AutoNDA by SimpleDocs
Acting in Good Faith the Security Trustee shall not be liable for any action taken, suffered or omitted by it in good faith and believed by it to be authorised or within the discretion or rights or powers conferred upon it by this Deed or any Series Document;
Acting in Good Faith. In carrying out their obligations under this Agreement and the applicable Financing Agreements, the Participants will, at all times, act in good faith and will not take any actions which will delay or undermine MIGA’s ability to carry-out its responsibilities as administrator on behalf of the Facility.
Acting in Good Faith. Each Party undertakes to exercise its rights and fulfil its obligations hereunder in good faith and bearing in mind the legitimate interests of the other Party.
Acting in Good Faith. Anyone filing a complaint concerning a violation or suspected violation of The Cooperative Code must be acting in good faith and have reasonable grounds for believing The Cooperative information disclosed indicates a violation of The Cooperative Code. Any allegations that prove not to be substantiated and which prove to have been made maliciously or knowingly to be false shall be viewed as a serious disciplinary offense.
Acting in Good Faith. 6.1 If any of the provisions of the Agreement becomes void, unenforceable, invalid, illegal or inapplicable, it shall not call into question the validity, enforceability, legality or applicability of the other provisions of the Agreement. In this case, the Parties shall negotiate in good faith in order to substitute the void; unenforceable, invalid, illegal or inapplicable provision with a lawful provision corresponding to the spirit and purpose of the Agreement. Likewise, the Parties agree that in the event that, for technical reasons, in particular, the mechanisms provided for in this Agreement cannot be put in place or could not be fully implemented, they shall negotiate in good faith any adaptations that may be made to it in accordance with the spirit of the Agreement. Each Party undertakes to sign any deed or document necessary for the purpose of implementing the transactions provided for in the Agreement and to provide each other with all necessary information for this purpose.
Acting in Good Faith. In no event shall Misonix or Company be obligated under this Agreement to take any action or omit to take any action that it believes in good faith would cause it to be in violation of any laws and regulations of the Territory or any other applicable laws as promulgated and implemented in jurisdictions other than the Territory.
AutoNDA by SimpleDocs
Acting in Good Faith. Both parties agree that they will exercise their respective rights under this Agreement in good faith and in a commercially reasonable manner.
Acting in Good Faith. 14 1.8 Holder........................................................ 15 1.9 Grandfather Provision......................................... 15 1.10 Calculation of Number and Percentage of Beneficial Ownership Of Outstanding Voting Shares........... 16
Acting in Good Faith. Neither Avita Australia nor Avita US, nor any of their respective officers or agents, will be liable to a Shareholder for anything done or omitted to be done in the performance of this Scheme in good faith.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!