Common use of Good Faith and Reasonableness Clause in Contracts

Good Faith and Reasonableness. The Parties intend that the obligations of good faith and fair dealing apply to this Agreement generally, and that no negative inferences be drawn by the absence of an explicit obligation to be reasonable in any portion of this Agreement. The obligation to be reasonable shall only be negated if arbitrariness is clearly and explicitly permitted as to the specific item in question, such as in the case of a Party being given "sole discretion" or being allowed to make a decision in its "sole judgment."

Appears in 8 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Non Statutory Development Agreement

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Good Faith and Reasonableness. The Parties intend that the obligations of good faith and fair dealing apply to this Agreement generally, and that no negative inferences be drawn by the absence of an explicit obligation to be reasonable in any portion of this Agreement. The obligation to be reasonable shall only be negated if arbitrariness is clearly clear and explicitly permitted as to the specific item in question, such as in the case of a Party being given "sole discretion" or being allowed to make a decision in its "sole judgment."

Appears in 4 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

Good Faith and Reasonableness. The Parties intend that the obligations of good faith and fair dealing apply to this Agreement generally, generally and that no negative inferences be drawn by the absence of an explicit obligation to be reasonable in any portion of this Agreement. The obligation to be reasonable shall only be negated if arbitrariness is clearly and explicitly permitted as to the specific item in question, such as in the case of a Party being given "sole discretion" or being allowed to make a decision in its "sole judgment."

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

Good Faith and Reasonableness. The Parties intend that the obligations of good faith and fair dealing apply to this Agreement generally, generally and that no negative inferences be drawn by the absence of an explicit obligation to be reasonable in any portion of this Agreement. The obligation to be reasonable shall will only be negated if arbitrariness is clearly and explicitly permitted as to the specific item in question, such as in the case of a Party being given "sole discretion" or being allowed to make a decision in its "sole judgment."

Appears in 1 contract

Samples: Wanapa Road Extension Agreement

Good Faith and Reasonableness. The Parties intend that the obligations of good faith and fair dealing apply to this Agreement generally, generally and that no negative inferences be drawn by the absence of an explicit obligation to be reasonable in any portion of this Agreement. The obligation to be reasonable shall only be negated if arbitrariness is clearly and explicitly permitted as to the specific item in question, such as in the case of where this Agreement gives a Party being given "sole discretion" or being the Party is allowed to make a decision in its "sole judgment."

Appears in 1 contract

Samples: Disposition and Development Agreement

Good Faith and Reasonableness. The Parties parties intend that the obligations of good faith and fair dealing apply to this Agreement generally, generally and that no negative inferences be drawn by the absence of an explicit obligation to be reasonable in any portion of this Agreement. The obligation to be reasonable shall only be negated if arbitrariness is clearly and explicitly permitted as to the specific item in question, such as in the case of a Party being given "sole discretion" or being allowed to make a decision in its "sole judgment."

Appears in 1 contract

Samples: Korean War Memorial Interpretive Center Agreement

Good Faith and Reasonableness. The Parties parties intend that the obligations of good faith and fair dealing apply to this Agreement generally, generally and that no negative inferences be drawn by the absence of an explicit obligation to be reasonable in any portion of this Agreement. The obligation to be reasonable shall only be negated if arbitrariness is clearly and explicitly permitted as to the specific item in question, such as in the case of a Party party being given "sole discretion" or being allowed to make a decision in its "sole judgment.. "

Appears in 1 contract

Samples: Development Agreement

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Good Faith and Reasonableness. The Parties intend that the obligations of good faith and fair dealing apply to this Agreement generally, generally and that no negative inferences be drawn by the absence of an explicit obligation to be reasonable in any portion of this Agreement. The obligation to be reasonable shall only be negated if arbitrariness is clearly and explicitly permitted as to the specific item in question, such as in the case of a Party party being given "sole discretion" or being allowed to make a decision in its "sole judgment."

Appears in 1 contract

Samples: Disposition and Development Agreement

Good Faith and Reasonableness. The Parties parties intend that the obligations of good faith and fair dealing apply to this Agreement generally, generally and that no negative inferences be drawn by the absence of an explicit obligation to be reasonable in any portion of this Agreement. The obligation to be reasonable shall only be negated if arbitrariness is clearly and explicitly permitted as to the specific item in question, such as in the case of a Party party being given "sole discretion" or being allowed to make a decision in its "sole judgment."

Appears in 1 contract

Samples: Disposition and Development Agreement

Good Faith and Reasonableness. The Parties intend that the obligations of good faith and fair dealing apply to this Agreement generally, generally and that no negative inferences be drawn by the absence of an explicit obligation to be reasonable in any portion of this Agreement. The obligation to be reasonable shall only be negated if arbitrariness the right to act arbitrarily is clearly and explicitly permitted provided in this Agreement as to the specific item in question, such as in the case of a Party being given "sole discretion" or being allowed to make a decision in its "sole judgment."

Appears in 1 contract

Samples: Tri Party Agreement for Funding and Construction of Public Improvements

Good Faith and Reasonableness. The Parties intend Parties’ intent that the obligations of good faith and fair dealing apply to this Agreement generally, generally and that no negative inferences be drawn by the absence of an explicit obligation to be reasonable in any portion of this Agreement. The obligation to be reasonable shall only be negated if arbitrariness is clearly and explicitly permitted as to the specific item in question, such as in the case of a Party party being given "sole discretion" or being allowed to make a decision in its "sole judgment."

Appears in 1 contract

Samples: Donation Agreement

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