WebbBest Reasonable Efforts means the efforts that a prudent person attempting to achieve a result would use under similar circumstances to achieve that result on a timely basis in … Webb6 sep. 2024 · The Consultant shall take reasonable steps to ensure fair treatment for the Company or its Affiliates , and shall, on a best efforts basis, make efforts so that any …

Reasonable Efforts Sample Clauses: 3k Samples Law Insider

Webb5 feb. 2024 · “Best efforts,” “commercially reasonable efforts,” and “good faith efforts” are three of the most common performance standards used in contracts. For example, Party A may agree to use ... Webb29 juni 2016 · ‘Best efforts’ does not mean that the borrower must do everything possible; it is contextual, depending on the particular undertaking, its purpose, and the … make chess engine

Commercially Reasonable Efforts definition - Law Insider

WebbA commercially reasonable efforts clause is a contractual term varying depending on the context in which it is used; they can be indefinite, but generally not so vague as to be unenforceable. 'Commercially reasonable efforts' are qualified 'reasonable efforts' and so less onerous than the term 'best efforts'. WebbRelated to Best Effort Basis. Best Efforts The parties shall use their best efforts to satisfy timely each of the conditions described in Section 6 and 7 of this Agreement.. Reasonable Efforts Subject to the terms and conditions provided in ----- this Agreement, each of the parties hereto shall use all reasonable efforts to take promptly, or cause to be taken, all … WebbCommercially Reasonable Efforts means, with respect to the Development or Commercialization of Licensed Product by a Party, that level of efforts and resources that such Party would normally devote to the Development or Commercialization, as the case may be, of a product owned by it or to which it has rights of the type it has hereunder, … make chess board