Common use of Standard of Reasonableness Clause in Contracts

Standard of Reasonableness. Unless specifically provided otherwise, all provisions of this Agreement and all collateral agreements and actions necessary to implement or enforce any such agreement or provision shall be governed by a standard of commercial reasonableness and good faith. Obligations of any party to use best efforts will also be qualified by a standard of commercial reasonableness and good faith.

Appears in 3 contracts

Samples: Management Agreement (Mohegan Tribal Gaming Authority), Management Agreement (Mohegan Tribal Gaming Authority), Management Agreement (Station Casinos Inc)

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Standard of Reasonableness. Unless specifically Except as otherwise provided otherwiseherein, all provisions of this Agreement and all collateral agreements Transaction Documents and actions necessary to implement or enforce any such agreement or provision shall be governed by a standard of commercial reasonableness and good faith. Obligations of any party Party to use best efforts will also be qualified by a standard of commercial reasonableness and good faith.

Appears in 2 contracts

Samples: Gaming Management Agreement (Station Casinos Corp.), Non Gaming Management Agreement (Station Casinos Corp.)

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