Requirement of Good Faith Sample Clauses

Requirement of Good Faith. Wherever this Agreement provides for a determination, decision, selection, consent, approval or adoption by either Party hereto, the determination, decision, selection, consent, approval or adoption by said Party shall be made in good faith and in the sole and absolute discretion of said Party notwithstanding any requirement to consult with the other Party.
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Requirement of Good Faith. The Manager, on behalf of the Joint Venture, shall diligently and in good faith manage the business of the Joint Venture in accordance with this Agreement.
Requirement of Good Faith. The Board of Directors and Directors, on behalf of the Joint Venture, shall diligently and in good faith manage the business of the Joint Venture and implement or cause to be implemented any Decision(s), and otherwise conduct the business of the Joint Venture in accordance with this JV Agreement.

Related to Requirement of Good Faith

  • Covenant of Good Faith Each party to this Agreement acknowledges and agrees, in its dealings with the other party under or in connection with this Agreement, including the performance of all obligations and the exercise of all rights under this Agreement, it shall comply with the fundamental principle of good faith and fair dealing.

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