Actions of Parties. In any action by the LFA or Franchisee that is mandated or permitted under the terms hereof, such party shall act in a reasonable, expeditious, and timely manner. Furthermore, in any instance where approval or consent is required under the terms hereof, such approval or consent shall not be unreasonably withheld, delayed or conditioned.
Actions of Parties. In any action by the Franchising Authority or the Grantee that is mandated or permitted under the terms hereof, such party shall act in a reasonable, expeditious, and timely manner. Furthermore, in any instance where approval or consent is required under the terms hereof, such approval or consent shall not be unreasonably withheld.
Actions of Parties. In any action by the Township or the Franchisee that is mandated or permitted under the terms hereof, such party shall act in a reasonable, expeditious, and timely manner.
Actions of Parties. In any action by the Town or the Licensee that is taken pursuant to the terms of this License, such party shall act in a reasonable, expeditious, and timely manner. Furthermore, in any instance where approval or consent is required by either party under the terms hereof, such approval or consent shall not be unreasonably withheld, delayed or conditioned.
Actions of Parties. In any action by the County or the Buyer that is mandated or permitted under the terms of this Agreement, such party shall act in a reasonable, expeditious, and timely manner; provided that nothing in this Section 12.1 nor any other provision of this Article XII shall limit the right of the County to act, or to decline to act, in the unfettered exercise of its discretion when action or inaction by the County is permitted to be governed by such standard.
Actions of Parties. Any action to be taken by the City and/or the Commissioner pursuant to this Agreement shall be taken in accordance with the applicable provisions of the City Charter, as said Charter may be amended or modified throughout the Term of this Agreement. In any instance where approval or consent is required under the terms hereof, such approval or consent shall not be unreasonably withheld, delayed or conditioned, unless expressly agreed otherwise herein.
Actions of Parties. Each party agrees to execute, acknowledge and deliver such further instructions, and to do all such other acts, as may be necessary or appropriate in order to carry out the purposes and intent of this Agreement.
Actions of Parties. In any action by the parties that is mandated or permitted under the terms of this Agreement, such party shall act in a reasonable, expeditious, and timely manner; provided that nothing in this Section 14.1 nor any other provision of this Article XIV shall limit the right of Port Deposit to act, or to decline to act, in the unfettered exercise of its discretion when action or inaction by Port Deposit is permitted to be governed by such standard.
Actions of Parties. Within ten (10) days following Landlord's receipt of the Exercise Notice, the parties shall proceed to open an escrow for the purchase and sale of the Premises ("Escrow") with an escrow and title company reasonably selected by Landlord ("Title/Escrow Holder") by delivering a fully executed copy of a definitive Purchase and Sale Agreement and Joint Escrow Instructions (the "Purchase Agreement") to Title/Escrow Holder. In addition, concurrently with delivery of the Purchase Agreement to Title/Escrow Holder, Tenant shall deliver to Title/Escrow Holder a good faith deposit in the amount of Ninety Thousand Dollars ($90,000.00), which deposit shall be applied to the Purchase Price and shall be nonrefundable to Tenant except in the event of Landlord's default under the Purchase Agreement. The Purchase Agreement shall specify that said deposit shall be delivered to Landlord by Title/Escrow Holder as liquidated damages in the event of Tenant's default under the Purchase Agreement. The Purchase Agreement shall be prepared by Landlord and incorporate the terms and provisions set forth in this Section 30 and any other commercially reasonable and standard provisions approved by the parties. 30.4
Actions of Parties. Except as contemplated or permitted by this Agreement, no Party shall authorize, take or agree or commit to (and shall cause each of its respective Subsidiaries to take or commit or agree to) take any action that is reasonably likely to result in any of the representations or warranties hereunder being untrue in any material respect or in any of the covenants hereunder or any of the conditions to the Merger not being satisfied in all material respects.
