Common use of Diligent Performance Clause in Contracts

Diligent Performance. With respect to any duty or obligation imposed on a Party by this Agreement, unless a time limit is specified for the performance of such duty or obligation, it shall be the duty or obligation of such Party to commence and perform the same in a diligent and workmanlike manner and to complete the performance of such duty or obligation as soon as reasonably practicable after commencement of performance.

Appears in 5 contracts

Samples: Stadium Operating Agreement (Atlanta Braves Holdings, Inc.), Owner Developer Agreement, Parking Operating Agreement, Joinder Agreement, Stadium License Agreement

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Diligent Performance. With respect to any duty or obligation imposed on a Party by party to this Agreement, unless a time limit is specified for the performance of such duty or obligation, it shall be the duty or obligation of such Party party to commence and perform the same in a diligent and workmanlike manner and to complete the performance of such duty or obligation as soon as reasonably practicable after commencement of performancethe performance thereof. Notwithstanding the above, time is of the essence in regard to payment obligations.

Appears in 3 contracts

Samples: Infrastructure Agreement, Infrastructure Agreement, Infrastructure Agreement

Diligent Performance. With respect to any duty or obligation imposed on a Party by party to this Agreement, unless a time limit is specified for the performance of such duty or obligation, it shall be the duty or obligation of such Party party to commence and perform the same in a diligent and workmanlike manner and to complete the performance of such duty or obligation as soon as reasonably practicable after commencement of performancethe performance thereof. Notwithstanding the above, time is of the essence with respect to any time limit specified herein.

Appears in 3 contracts

Samples: Local Participation Agreement, Local Participation Agreement, Local Participation Agreement

Diligent Performance. With respect to any duty or obligation imposed on a Party by this Agreement, unless a time limit is specified for the performance of such duty or obligation, it shall be is the duty or obligation of such that Party to commence and perform the same in a diligent and workmanlike manner and to complete the performance of such duty or that obligation as soon as reasonably practicable after commencement of performance.

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

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Diligent Performance. With respect to any duty or obligation imposed on a Public Party by this Agreement, unless a time limit is specified for the performance of such duty or obligation, it shall be the duty or obligation of such Public Party to commence and perform the same in a diligent and workmanlike manner and to complete the performance of such duty or obligation as soon as reasonably practicable after commencement of performance.

Appears in 1 contract

Samples: Cooperation Agreement

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