Good Faith Judgment definition
Examples of Good Faith Judgment in a sentence
With respect to matters relating to the B&W Business, B&W shall have sole authority in perpetuity to determine whether to assert or waive any or all Privileges, and MII shall take no action (or permit any of its Subsidiaries to take action) without the prior written consent of B&W that could, in B&W’s Good Faith Judgment, result in any waiver of any Privilege that could be asserted by B&W or any of its Subsidiaries under applicable Law and this Agreement.
If the Indemnifying Party does not, in its Good Faith Judgment, dispute its potential liability to the Indemnitee with respect to a Third Party Claim not relating to a RemainCo Specified Liability or a SpinCo Specified Liability, the Indemnifying Party may elect to defend (and to settle or compromise in accordance with the applicable provisions of this Section 3.7) such Third Party Claim, at such Indemnifying Party’s own expense and by such Indemnifying Party’s own counsel.
With respect to matters relating to the SpinCo Business, SpinCo shall have sole authority in perpetuity to determine whether to assert or waive any or all Privileges, and RemainCo shall take no action (or permit any of its Subsidiaries to take action) without the prior written consent of SpinCo that could, in SpinCo’s Good Faith Judgment, reasonably be expected to result in any waiver of any Privilege that could be asserted by SpinCo or any of its Subsidiaries under applicable Law and this Agreement.
With respect to matters relating to the Seahawk Business, Seahawk shall have sole authority in perpetuity to determine whether to assert or waive any or all Privileges, and Pride shall take no action (or permit any of its Subsidiaries to take action) without the prior written consent of Seahawk that could, in Seahawk’s Good Faith Judgment, result in any waiver of any Privilege that could be asserted by Seahawk or any of its Subsidiaries under applicable Law and this Agreement.
With respect to matters relating to the SSE Business, SSE shall have sole authority in perpetuity to determine whether to assert or waive any or all Privileges, and CHK shall take no action (or permit any of its Subsidiaries to take action) without the prior written consent of SSE that could, in SSE’s Good Faith Judgment, result in any waiver of any Privilege that could be asserted by SSE or any of its Subsidiaries under applicable Law and this Agreement.
Section 16.1. Lessee’s Indemnification 20 Section 16.2. Manager’s Indemnification 20 Section 16.3. Indemnification Procedure 21 Section 16.4. Good Faith Judgment 21 Section 16.5. Survival 21 ARTICLE XVII MISCELLANEOUS 21 Section 17.1. Severability 21 Section 17.2. No Partnership 22 Section 17.3. Meetings 22 Section 17.4. Consents 22 Section 17.5. Applicable Law 22 Section 17.6. Successors Bound 22 Section 17.7. Headings 22 Section 17.8. Incorporation of Recitals 22 Section 17.9. Notices 22 Section 17.10.
Section 16.1. Lessee’s Indemnification 21 Section 16.2. Manager’s Indemnification 21 Section 16.3. Indemnification Procedure 22 Section 16.4. Good Faith Judgment 22 Section 16.5. Survival 22 ARTICLE XVII MISCELLANEOUS 22 Section 17.1. Severability 22 Section 17.2. No Partnership 23 Section 17.3. Meetings 23 Section 17.4. Consents 23 Section 17.5. Applicable Law 23 Section 17.6. Successors Bound 23 Section 17.7. Headings 23 Section 17.8. Incorporation of Recitals 23 Section 17.9. Notices 23 Section 17.10.
Section 16.1. Lessee’s Indemnification 20 Section 16.2. Manager’s Indemnification 20 Section 16.3. Indemnification Procedure 21 Section 16.4. Good Faith Judgment 21 Section 16.5. Survival 21 ARTICLE XVII MISCELLANEOUS 21 Section 17.1. Severability 21 Section 17.2. No Partnership 21 Section 17.3. Meetings 22 Section 17.4. Consents 22 Section 17.5. Applicable Law 22 Section 17.6. Successors Bound 22 Section 17.7. Headings 22 Section 17.8. Incorporation of Recitals 22 Section 17.9. Notices 22 Section 17.10.