Common use of Obligation to Act Reasonably Clause in Contracts

Obligation to Act Reasonably. 6.1 If by application of Section 23 of Schedule 2 of the Competition and Consumer Xxx 0000 (Cth) this Contract is a small business contract MM will: (a) in the circumstances and to the extent practicable, provide a reasonable opportunity for the Supplier to remedy a default under clause 6.1; (b) act reasonably in exercising its rights under clauses 7 and 8.1; and; (c) reduce proportionately any obligation of the Supplier to indemnify the MM Group to the extent that a MM Group Member’s breach or negligence contributed to the loss or damage.

Appears in 1 contract

Samples: Purchase Order Agreement

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Obligation to Act Reasonably. 6.1 20.1 If by application of Section 23 of Schedule 2 of the Competition and Consumer Xxx 0000 Act 2010 (Cth) this Contract is a small business contract MM will: (a) in the circumstances and to the extent practicable, provide a reasonable opportunity for the Supplier to remedy a default under clause 6.1; (b) act reasonably in exercising its rights under clauses 7 and 8.1; and; (c) reduce proportionately any obligation of the Supplier to indemnify the MM Group to the extent that a MM Group Member’s breach or negligence contributed to the loss or damage.

Appears in 1 contract

Samples: Purchase Order Agreement

Obligation to Act Reasonably. 6.1 20.1 If by application of Section 23 of Schedule 2 of the Competition and Consumer Xxx 0000 (Cth) this Contract is a small business contract MM will: (a) in the circumstances and to the extent practicable, provide a reasonable opportunity for the Supplier to remedy a default under clause 6.1; (b) act reasonably in exercising its rights under clauses 7 and 8.1; and; (c) reduce proportionately any obligation of the Supplier to indemnify the MM Group to the extent that a MM Group Member’s breach or negligence contributed to the loss or damage.

Appears in 1 contract

Samples: Purchase Order Agreement

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Obligation to Act Reasonably. 6.1 20.1 If by application of Schedule 2, Section 23 of Schedule 2 of the Competition and Consumer Xxx 0000 (Cth) this Contract is a small business contract MM will: (a) in the circumstances and to the extent practicable, provide a reasonable opportunity for the Supplier to remedy a default under clause 6.1; (b) act reasonably in exercising its rights under clauses 7 and 8.1; and; (c) reduce proportionately any obligation of the Supplier to indemnify the MM Group to the extent that a MM Group Member’s breach or negligence contributed to the loss or damage.

Appears in 1 contract

Samples: Purchase Agreement

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