Common use of Reasonable endeavours Clause in Contracts

Reasonable endeavours. (a) If a Condition Precedent is specified to be for the benefit of a particular Party: (i) that Party must use all reasonable endeavours to obtain the fulfilment of that Condition Precedent; and (ii) the other Party must not, by wilful act or omission, prevent its fulfilment. (b) If a Condition Precedent is not specified to be for the benefit of a particular Party, each of the Parties must use all reasonable endeavours to obtain the fulfilment of that Condition Precedent.

Appears in 5 contracts

Samples: Reference Service Agreement, Reference Service Agreement, Reference Service Agreement

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