CONSENTS BY THE PARTIES Clause Samples
The "Consents by the Parties" clause establishes that both parties must provide their explicit approval or agreement for certain actions, decisions, or changes under the contract. In practice, this clause may require written consent before one party can assign rights, delegate duties, or make amendments to the agreement. Its core function is to ensure that neither party is bound by significant changes or obligations without their knowledge and express permission, thereby protecting both sides from unilateral decisions and promoting transparency.
CONSENTS BY THE PARTIES. The parties intend that whenever Landlord's or Tenant's consent or approval is expressly or impliedly required by any provision of this Lease, the consent or approval may not be unreasonably or arbitrarily withheld, conditioned or delayed; and on the contrary, shall be approved or disapproved by a party acting in a commercially reasonable manner. Notwithstanding anything to the contrary contained in this Lease, except as expressly provided in Section 14.2 above, an action for declaratory judgment or specific performance shall be Tenant's or Landlord's sole right and remedy in any dispute as to whether Tenant or Landlord has breached this Section 29.4 concerning a consent or approval.