Reasonable endeavours. Any provision of this Agreement which requires a party to use “reasonable endeavours” or “all reasonable endeavours”, or to take all steps reasonably necessary, to procure that something is performed, does not include any obligation: (a) to pay any significant sum of money or to provide any significant financial compensation, significant valuable consideration or any other significant incentive to or for the benefit of any person, except for payment of any applicable fee for the lodgement or filing of any relevant application with any Governmental Agency or fees to any professional advisers; (b) to commence any legal action or proceeding against any person, to procure that that thing is done or happens; or (c) to carry out any actions that would be detrimental to such party’s business, except where that provision expressly specifies otherwise.
Appears in 2 contracts
Samples: Share Purchase Agreement (Interoil Corp), Sale Agreement (Interoil Corp)
Reasonable endeavours. Any provision of this Agreement agreement which requires a party to use “reasonable endeavours” endeavours or “all reasonable endeavours”, or to take all steps reasonably necessary, endeavours to procure that something is performed, performed or occurs or does not occur does not include any obligation:
(a) to pay any significant sum of money or to provide any significant financial compensation, significant valuable consideration or any other significant incentive to or for the benefit of any person, person except for payment of any applicable fee for the lodgement or filing of any relevant application with any Governmental Agency or fees to any professional advisers;Regulatory Authority; or
(b) to commence any legal action or proceeding against any person, to procure that that thing is done or happens; or
(c) to carry out any actions that would be detrimental to such party’s business, except where that provision expressly specifies otherwise.
Appears in 2 contracts
Samples: Share Sale Agreement (Acorn Energy, Inc.), Share Subscription Agreement (Constellation Brands, Inc.)
Reasonable endeavours. Any provision of this Agreement which requires a party Party to use “reasonable endeavours” endeavours or “all reasonable endeavours”, or to take all steps reasonably necessary, endeavours to procure that something is performed, performed or occurs or does not occur does not include any obligation:
(a) to pay any significant sum of money or to provide any significant financial compensation, significant valuable consideration or any other significant incentive to or for the benefit of any person, except for payment of any applicable fee for the lodgement or filing of any relevant application with any Governmental Agency or fees to any professional advisers;
(b) obligation to commence any legal action or proceeding against any person, to procure that that thing is done or happens; or
(c) to carry out any actions that would be detrimental to such party’s business, except where that provision expressly specifies otherwise.
Appears in 2 contracts
Samples: Share Sale and Subscription Agreement (Usg Corp), Share Sale and Subscription Agreement (Usg Corp)
Reasonable endeavours. Any provision of this Agreement agreement which requires a party to use “reasonable endeavours” endeavours or “all reasonable endeavours”, or to take all steps reasonably necessary, best endeavours to procure that something is performed, performed or occurs or does not occur does not include any obligation:
(a) to pay any significant sum of money or to provide any significant financial compensation, significant valuable consideration or any other significant incentive to or for the benefit of any person, person except for payment of any applicable fee for the lodgement or filing of any relevant application with any Governmental Agency or fees to any professional advisers;Agency; or
(b) to commence any legal action or proceeding against any person, to procure that that thing is done or happens; or
(c) to carry out any actions that would be detrimental to such party’s business, except where that provision expressly specifies otherwise.
Appears in 1 contract
Samples: Scheme Implementation Agreement
Reasonable endeavours. Any provision of this Agreement which agreement that requires a party to use “reasonable endeavours” or “all reasonable endeavours”, or to take all steps reasonably necessary, to procure that something is performedperformed or occurs, requires that party to do so as soon as is reasonably practicable, but does not include any obligation:
(a) : to pay any significant sum of money or to provide any significant financial compensation, significant valuable consideration or any other significant incentive to or for the benefit of any person, except for payment of any applicable fee for the lodgement or filing of any relevant application with any Governmental Agency Regulatory Authority or fees to any professional advisers;
(b) ; or to commence any legal action or proceeding against any person, to procure that that thing is done or happens; or
(c) to carry out any actions that would be detrimental to such party’s business, except where that provision expressly specifies otherwise.
Appears in 1 contract
Samples: Implementation Agreement