Bona fide. The Parties acknowledge that bona fide compliance with this Agreement requires, in addition to the fulfilment of the specific undertakings and obligations expressly provided for herein, that all the Parties act in good faith and diligently in executing other actions and decisions, and refraining from carrying out other actions or decisions, as may be necessary or convenient for a fair, complete, prompt and adequate implementation of all the effects that reasonably follow from (a) the common will and purposes of the Parties in consideration of which they enter into this Agreement, and (b) the terms used by the Parties to describe their rights and obligations hereunder. The Parties expressly undertake to proceed as appropriate for the bona fide compliance with this Agreement.
Appears in 5 contracts
Samples: Joint Venture Agreement (Portugal Telecom SGPS Sa), Shareholders Agreement (Portugal Telecom SGPS Sa), Shareholders Agreement (Telefonica S A)
Bona fide. The Parties acknowledge that bona fide compliance with this Agreement requires, in addition to the fulfilment fulfillment of the specific undertakings and obligations expressly provided for herein, that all the Parties act in good faith and diligently in executing other actions and decisions, and refraining refrain from carrying out other actions or decisions, as may be necessary or convenient for a fair, complete, prompt and adequate implementation of all the effects that reasonably follow from (a) the common will and purposes of the Parties in consideration of which they enter into this Agreement, and (b) the terms used by the Parties to describe their rights and obligations hereunder. The Parties expressly undertake to proceed as appropriate for the bona fide compliance with this Agreement.
Appears in 3 contracts
Samples: Subscription Agreement (Telefonica S A), Subscription Agreement (Portugal Telecom SGPS Sa), Subscription Agreement (Telefonica Mobile Inc)
Bona fide. The Parties acknowledge that bona fide compliance with this Agreement requires, in addition to the fulfilment fulfillment of the specific undertakings and obligations expressly provided for herein, that all the Parties act in good faith and diligently in executing other actions and decisions, and refraining refrain from carrying out other actions or decisions, as may be necessary or convenient for a fair, complete, prompt and adequate implementation of all the effects that reasonably follow from (a) the common will and purposes of the Parties in consideration of which they enter into this Agreement, and (b) the terms used by the Parties to describe their rights and obligations hereunder. The Parties expressly undertake to proceed as appropriate for the bona fide compliance with this Agreement.obligations
Appears in 1 contract
Samples: Agreement (Portugal Telecom SGPS Sa)
