Common use of Diligent Pursuit Clause in Contracts

Diligent Pursuit. For the purposes of this Deed, in assessing what can be achieved by diligent pursuit and in assessing whether there has been a failure to diligently pursue or assessing compliance with clause 4.1(e)(ii) (Restrictions on termination), regard must be had to the effect of any Event as well as to any time reasonably necessary to enforce any Major sub-contract, or to engage a substitute Major Sub-contractor in accordance with the terms of this Deed.