Common use of CONTINGENCY AND GOOD FAITH CLAUSE Clause in Contracts

CONTINGENCY AND GOOD FAITH CLAUSE. This Contract is contingent on Seller getting the “Mill” operational. In the event Seller is unable to get the Mill operational, due to lack of financing or for any other reason, Seller shall have no liability to Buyer under this Agreement except to repay the advance payment to Buyer. Also, ▇▇▇▇▇ and ▇▇▇▇▇▇ recognize that all possible contingencies cannot be covered by this contract and therefore in the case of any unforeseen circumstances affecting this contract, Seller and ▇▇▇▇▇ will make every attempt to mutually agree to a good faith solution pursuant to the intent of the original contract.

CONTINGENCY AND GOOD FAITH CLAUSE. This Contract is contingent on Seller getting the “Mill” operational. In the event Seller is unable to get the Mill operational, due to lack of financing or for any other reason, Seller shall have no liability to Buyer under this Agreement except to repay the advance payment to Buyer. Also, ▇▇▇▇▇ Buyer and ▇▇▇▇▇▇ Seller recognize that all possible contingencies cannot be covered by this contract and therefore in the case of any unforeseen circumstances affecting this contract, Seller and ▇▇▇▇▇ Buyer will make every attempt to mutually agree to a good faith solution pursuant to the intent of the original contract.