Common use of Good Faith and Fair Dealing Clause in Contracts

Good Faith and Fair Dealing. Sears and SHO each shall exercise Good Faith in the performance of its obligations in this Agreement. “Good Faith” means honesty in fact and the observance of reasonable commercial standards of fair dealing in accordance with applicable law.

Appears in 3 contracts

Samples: Trademark License Agreement (Sears Hometown & Outlet Stores, Inc.), Trademark License Agreement (Sears Hometown & Outlet Stores, Inc.), Trademark License Agreement (Sears Hometown & Outlet Stores, Inc.)

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Good Faith and Fair Dealing. SHAS and Sears and SHO each shall exercise Good Faith in the performance of its obligations in this Agreement. “Good Faith” means honesty in fact and the observance of reasonable commercial standards of fair dealing in accordance with applicable lawApplicable Law.

Appears in 2 contracts

Samples: Store License Agreement (Sears Hometown & Outlet Stores, Inc.), Store License Agreement (Sears Hometown & Outlet Stores, Inc.)

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Good Faith and Fair Dealing. XXXX and Sears and SHO each shall exercise Good Faith in the performance of its obligations in this Agreement. “Good Faith” means honesty in fact and the observance of reasonable commercial standards of fair dealing in accordance with applicable lawApplicable Law.

Appears in 2 contracts

Samples: Store License Agreement (Sears Hometown & Outlet Stores, Inc.), Store License Agreement (Sears Hometown & Outlet Stores, Inc.)

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