Good Faith and Best Efforts. The undersigned parties hereby agree to execute all terms of this Agreement in good faith and exercise best efforts on the Enterprise. “Good faith” shall be defined as a state of mind consisting in (1) honesty in belief or purpose, (2) faithfulness to one’s duty or obligation, (3) observance of reasonable commercial standards of fair dealing in a given trade or business, and/or (4) absence of intent to defraud or to seek unconscionable advantage. “Best efforts” shall be defined as a binding duty to use best efforts to accomplish any given goal, to make every available effort to do so, regardless of the harm to the bound party. The parties further agree that there are no conflicts between Shenzhen CITC’s duty to perform in good faith and duty to exercise best efforts. The parties further agree that there are no conflicts between Golden Steps’s duty to perform in good faith and duty to exercise best efforts.
Good Faith and Best Efforts. Physician agrees to act in good faith, cooperate with Agency, and use best efforts to fulfill the responsibilities and obligations set forth in this Agreement.
Good Faith and Best Efforts. City and Consultant agree to perform obligations under this Agreement in good faith and to use their respective best efforts to ensure that they each perform in a timely manner.
Good Faith and Best Efforts. The Parties agree to deal in good faith and use their best efforts to consolidate the Purchase Price Adjustments in order that the Party responsible for the Purchase Price Adjustment makes the least possible amount of net payments.
Good Faith and Best Efforts. Agent hereby agrees to fully perform this Agreement in good faith and exercise its best efforts in carrying forth the terms of this Agreement. “Good faith” shall be defined as a state of mind consisting in (1) honesty in belief or purpose, (2) faithfulness to one’s duty or obligation, (3) observance of reasonable commercial standards of fair dealing in a given trade or business, and/or (4) absence of intent to defraud or to seek unconscionable advantage. “Best efforts” shall be defined as a binding duty to use best efforts to accomplish any given goal, to make every available effort to do so, regardless of the harm to the bound party. The parties further agree that there are no conflicts between Agent’s duty to perform in good faith and duty to exercise best efforts.
Good Faith and Best Efforts. The parties agree cooperate in good faith and exercise their best efforts to accomplish the broad purpose of this Agreement, including providing all reasonable support necessary for the successful market program and to facilitate the registration and activation of Benelisha Customers to Cuentas BC/MA Products. The parties also agree to afford each other reasonable and timely access to the other’s operations and accounting as it relates to the subject matter of this Agreement.
Good Faith and Best Efforts. Licensee hereby agrees to act in good faith to fully and completely endorse and facilitate the smooth transition of sales and distribution to the new Gxxxxxx controlled entity in all actions, statements, commentary and representations involving media, retailers, and customers, including collaboration on the preparation and dissemination of any and all related announcements regarding said change. In addition, Licensee hereby agrees to fulfill all obligations set forth in the Distribution and Licensing Agreement as well as act in good faith and use its best efforts throughout 2012 to promote and grow the Gxxxxxx wholesale and retail business.
Good Faith and Best Efforts. Investor understands that the Company is experiencing financial difficulties. In order to induce Seller to sell the Shares to Investor, Seller is expressly relying on Investor’s commitment, with the utmost good faith, to use its best efforts to cause the Company to attempt to discharge Company liabilities (“Company Liabilities”), through sales from the Company’s GSA Schedule. Investor will cause directors to be elected, who will in turn elect officers, committed in good faith to use their best efforts to attempt to discharge Company Liabilities. Investor is not assuming Company Liabilities. Investor represents that neither its directors nor its officers is in a position to assume Company Liabilities. The good faith and best efforts as set forth in this Section 7.1 constitute the Purchase Price Payable by to the Seller.
Good Faith and Best Efforts. Seller will conduct its business in good faith and will use its best efforts to continue its business at least at its current level, to enable Buyer to obtain the Purchased Amount.
Good Faith and Best Efforts. Neither the Company nor the Holder or its Affiliates shall avoid or seek to avoid the observance or performance of any of the terms of this Warrant and the Warrant Agreement to be observed or performed by the parties, and the respective parties shall at all times and in good faith carry out the intent of each of this Warrant and the Warrant Agreement.
