Managers Standard of Performance. The Manager shall exercise commercially reasonable efforts in performing the Management Services and shall perform the Management Services in accordance with industry practice, the express terms of this Supply Management Agreement and Applicable Law and with at least the same care, prudence, skill and diligence as the Manager would employ in the management of its own assets or any other assets that it manages.
Appears in 2 contracts
Sources: Supply Management Agreement (NexCen Brands, Inc.), Supply Management Agreement (NexCen Brands, Inc.)