Parties to act reasonably Sample Clauses

Parties to act reasonably. Each Party shall at all times act reasonably in the performance of its obligations and the exercise of its rights and discretion under this Agreement.
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Parties to act reasonably. (a) Where reference is made in the Agreement to a Party’s decision, approval, refusal, consent, agreement, act, etc., such shall not be taken, given or withheld unreasonably or unfairly, unless otherwise expressly stated. (b) In all cases the Party claiming a breach of the Agreement by the other Party, shall be obligated to make commercially reasonable efforts to mitigate its costs, losses or damages that have occurred or that may occur as a result of such breach.
Parties to act reasonably. The parties agree to act reasonably in exercising any discretion, judgment, approval or extension of time that may be required to effect the purpose and intent of this Agreement. Whenever the approval or consent of a party is required under this Agreement such consent shall not be unreasonably withheld or delayed.
Parties to act reasonably. Notwithstanding anything else in this Agreement, wherever in this Agreement any decision, action or fee is to be made, taken or charged by or on behalf of any party hereto, this Agreement requires that the parties and their respective agents, servants, consultants or contractors shall act reasonably, expeditiously and in good faith in respect thereof.
Parties to act reasonably. Owner and Contractor both acknowledge that the provisions of this Agreement contemplate that the parties hereto will exchange information with each other and keep each other informed of the progress of the Work, and in each such instance (except the specific instances where Owner is granted an arbitrary right which Owner may exercise for whatever reason Owner desires), the parties agree to be both reasonable and timely so as not to unreasonably delay either party in the performance of their respective obligations hereunder.
Parties to act reasonably. The Company will give notice to the Shareholder of the requirement to obtain any easements and consult with the Shareholder in respect thereof. The Company will only exercise its power under this clause to obtain such easements as may be reasonably required for the effective operation of the Scheme and will take into account the reasonable requirements of any Shareholder in exercising the said rights.
Parties to act reasonably. The parties agree to act reasonably in exercising any discretion, judgment, approval or extension of time, which may be required to affect the purpose and intent of this Agreement.
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Parties to act reasonably. When the consent, approval, determination or authorization of any party to this Loan Agreement is required, such party will act reasonably in deciding whether to provide such consent, approval, determination or authorization and will not unreasonably withhold or delay such decision or such consent, approval, determination or authorization.
Parties to act reasonably. Where a matter falls within a party’s discretion that party shall exercise such discretion in a reasonable and expeditious manner and shall give any requisite notice of that decision and any other notice provided for by this Deed without undue delay
Parties to act reasonably. (i) Unless this Agreement expressly provides that a power, right or remedy may be exercised in a Party's 'absolute discretion', each Party must act reasonably in exercising all powers, rights and remedies. (ii) Where this Agreement provides for the State to 'consider', 'determine', 'approve' or 'reject' any matter or thing under this Agreement, unless the Agreement expressly provides for the State to act in its 'absolute discretion' such consideration, determination, approval or rejection is to be undertaken by the State acting reasonably.
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