Common use of Use of Best Efforts Clause in Contracts

Use of Best Efforts. Where this Agreement requires the “best efforts” of the Company, it is understood and agreed that the Company shall not be required by its obligation to undertake “best efforts” to incur any extraordinary and material expense or undertake or engage in any litigation.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Mti Technology Corp), Investor Rights Agreement (Mti Technology Corp)

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Use of Best Efforts. Where this Agreement requires the “best efforts” of the Company, it is understood and agreed that the Company shall not be required by its obligation to undertake “best efforts” to incur any extraordinary and material expense or undertake or engage in any litigation.

Appears in 2 contracts

Samples: Investor Rights Agreement (Evolving Systems Inc), Investor Rights Agreement (Evolving Systems Inc)

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Use of Best Efforts. Where this Agreement requires the "best efforts" of the Company, it is understood and agreed that the Company shall not be required by its obligation to undertake "best efforts" to incur any extraordinary and material expense or undertake or engage in any litigation.

Appears in 1 contract

Samples: Investor Rights Agreement (Mti Technology Corp)

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