Due Care definition

Due Care means at least the same level of care that a Buyer would use to protect the confidentiality of its own sensitive or proprietary information, and this obligation shall survive termination of this Agreement.
Due Care means to act in good faith, within the scope of one’s authority, with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent real estate professional experienced in such matters would use in the conduct of the development of an industrial/warehouse building of the type and quality envisioned in the Approved Plans.
Due Care means that the audit engagement should be planned and conducted in a comprehensive manner keeping in mind the audit risks involved and obtaining evidence to bring the audit risks down to a reasonably low level.

Examples of Due Care in a sentence

  • In consideration of the payments to be made to the contractor as hereinafter provided the contractor shall upon and subject to the said conditions execute and complete the works shown upon the said terms and conditions with All the Due Care and Attention.

  • Due Care and diligence has been used in preparation of this information, and it is believed to be substantially correct.

  • Strine, Jr., Realigning the Standard of Review of Director Due Care with Delaware Public Policy: A Critique of Van Gorkom and its Progeny as a Standard of Review Problem, 96 Nw. U.

  • MODULEBC: Business and Market ConductCHAPTERBC-B: General Principles BC-B.2 Principle 2: Due Care and Diligence BC-B.2.1An Islamic bank licensee must exercise due care and diligence and in the best interests of their stakeholders in all its operations, including the way it structures and offers its products and provides financing, with particular regard to Shari’a compliance, and to the thoroughness of research and risk management.

  • Act 381 includes provisions for Due Care Investigation Activities to be conducted prior to the approval of a Brownfield Plan for local tax capture (Section 13b.(9)(b)) and for State tax capture without EGLE approval (Section 13b.(8)(a,c)), as long as included in a subsequent Brownfield Plan.


More Definitions of Due Care

Due Care here means “due care of a prudent manager” as stipulated by Article 400 of the Civil Code.
Due Care means to act in good faith, in the best interests of the Company, within the scope of one’s authority, with the care, skill and diligence (including diligent inquiry) under the circumstances then prevailing that a prudent real estate professional experienced in such matters would use and otherwise in accordance and compliance with the standards set forth in California Education Code Sections 22250 through 22257.
Due Care means the usual and customary standard of care, prudence and diligence exercised by a reasonably prudent multi-family residential real estate manager, asset manager or developer for projects substantially similar in size, nature and location to the Property under the circumstances then generally prevailing with respect to the Property in accordance with the reasonable exercise of sound and prudent business practices in connection with the administration and management of the Company and its assets in accordance with the this Agreement. For the avoidance of doubt, Due Care shall not apply to Bluerock with regard to Bluerock making any BR Major Decision, which Bluerock shall have the right to make in its sole discretion, in accordance with its own self-interest and without any duty owed to the other Members in connection therewith.
Due Care means, except as expressly permitted in this Agreement or in any Affiliate Agreement to the contrary:
Due Care means the degree of care and skill demonstrated by banks acting in like capacity.
Due Care means the degree of care and diligence required of a trustee-manager of a business trust registered under the Business Trusts Act;
Due Care means the same level of care that a Wellington Member would use to protect the confidentiality of sensitive or proprietary information regarding its other investments that are subject to similar confidentiality agreements. Any material to be provided to the Wellington Observer shall be sent solely to the address and department listed next to the signatures of the Wellington Purchasers, and such material shall not be sent to any other Person on behalf of the Wellington Observer without the prior written consent of a member of such department. If any of such material contains material, non-public information (under applicable securities laws) about any other entity with publicly traded securities, the Company shall identify such information as such.