Common use of Implied Covenants Clause in Contracts

Implied Covenants. By entering into this Agreement, the Parties acknowledge and accept that this Agreement includes the covenant of good faith and fair dealing. Furthermore, the Parties agree that the responsibilities and duties set forth herein are to be completed in a professional manner and in accordance with applicable professional standards.

Appears in 8 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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Implied Covenants. By entering into this Agreement, the Parties acknowledge and accept that this Agreement includes the a covenant of good faith and fair dealing. Furthermore, the Parties agree that the responsibilities and duties set forth herein are to be completed in a professional manner and in accordance with applicable professional standards.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

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