Common use of Obligation to act in Good Faith Clause in Contracts

Obligation to act in Good Faith. The parties must at all times: (1) cooperate and use their best endeavours to profitably and professionally give effect to their rights and obligations set out in this document; (2) not unreasonably delay any action, approval, direction, determination or decision which is required of them; (3) make approvals or decisions that are required of them in good faith and in a manner consistent with the completion of the transactions set out in this document; and (4) be just and faithful in their activities and dealings with the other parties.

Appears in 3 contracts

Samples: Voluntary Planning Agreement, Planning Agreement, Planning Agreement

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Obligation to act in Good Faith. The parties must at all times: (1) cooperate and use their best endeavours to profitably and professionally give effect to their rights and obligations set out in this document; (2) not unreasonably delay any action, approval, direction, determination or decision which is required of them; (32) make approvals or decisions that are required of them in good faith and in a manner consistent with the completion of the transactions set out in this document; and (43) be just and faithful in their activities and dealings with the other parties.

Appears in 2 contracts

Samples: Planning Agreement, Planning Agreement

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Obligation to act in Good Faith. 30.1 The parties Parties must at all times: (1a) cooperate and use their best endeavours to profitably and professionally give effect to their the rights and obligations of the Parties set out in this document;Deed, (2b) not unreasonably delay any action, approval, directiondirections, determination or decision which is required of them;it, (3c) make approvals or decisions that are required of them it in good faith and in a manner consistent with the completion of the transactions set out in this document; Deed, and (4d) be just and faithful in their its activities and dealings with the other partiesParties.

Appears in 1 contract

Samples: Voluntary Planning Agreement

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