Don't Tell Me Sample Clauses

Don't Tell Me. Reasonableness" has Meaning; I Drafted This Document!" Xxxxxx v. Vantage Management Company, 000 X.X.0x 000 (Tex. Civ. App. -- Dallas 1977, writ ref'd, n.r.e.). This case deals with the "standard of reasonableness". Tenant had the right to renew based upon then prevailing rental rates for properties of equivalent quality, size, utility and location, with the length of the lease term and credit standing of the tenant to be taken into account. Tenant tried to exercise the renewal option and the landlord refused to quote a rental for the renewed term because the option was unenforceable as an agreement to agree (unspecified rental for the new term). The Dallas Court of Civil Appeals reversed the trial court and held that the renewal option was enforceable because it contained "a sufficiently definite standard by which the rental may be determined." 554 S.W.2d at 236. Chief Justice Xxxxxxxx wrote in the opinion that a guide to good faith and reasonableness could be found in the Uniform Commercial Code. Chief Justice Xxxxxxxx wrote as follows:
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