REASONABLE APPROVAL Sample Clauses
The Reasonable Approval clause requires that any consent or approval needed under the agreement must not be unreasonably withheld, delayed, or conditioned by the party granting it. In practice, this means that if one party requests permission for an action—such as assigning rights or making changes—the other party must evaluate the request fairly and cannot arbitrarily refuse or stall the decision. This clause ensures that both parties act in good faith and prevents one side from using approval rights to unfairly block or hinder the other, thereby promoting cooperation and reducing the risk of disputes over unreasonable denials.
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REASONABLE APPROVAL. In those instances in this Development Agreement in which a party’s approval, consent or satisfaction is required, then it shall be implied that such action shall be exercised in a reasonable manner and within a reasonable time frame.
REASONABLE APPROVAL. In those instances in this Development Agreement in which a party’s approval, consent or satisfaction is required, then it shall be implied that such action shall be exercised in a reasonable manner and within a reasonable time frame. The City shall waive all City impact fees, application fees, and review fees for the development of the premises and shall expedite all review.
REASONABLE APPROVAL. Both parties shall not unreasonably withhold or delay approvals required under this lease.
REASONABLE APPROVAL. Wherever in the Existing Loan Documents, as hereby modified, the Amended Note, or the Hazardous Materials Indemnity, the approval of Lender or its counsel is required, such approvals shall not be unreasonably withheld or delayed unless there is an express provision to the contrary (i.e., where Lender is given sole discretion).
REASONABLE APPROVAL. If any approval is required under this Agreement, any such approval or consent shall not be unreasonably withheld or delayed.