Common use of Administrative Actions Clause in Contracts

Administrative Actions. Unless an action is considered a Material Action, as described in Section 3.3, Buyers’ Agent shall perform the actions required of a Buyers’ Agent in the WP Agreement in a manner that Buyers’ Agent believes to be reasonable, and without advance input from or notice to the Limited Buyers. For all such administrative actions, Buyers’ Agent shall provide reasonably prompt notice to the Limited Buyers of action taken by Buyers’ Agent or information received from Seller, as the case may be.

Appears in 2 contracts

Sources: Buyers’ Agent Agreement, Buyers’ Agent Agreement

Administrative Actions. Unless an action is considered a Material Action, as described in Section 3.3, Buyers' Agent shall perform the actions required of a Buyers' Agent in the WP GF Agreement in a manner that Buyers' Agent believes to be reasonable, and without advance input from or notice to the Limited Buyers. For all such administrative actions, Buyers' Agent shall provide reasonably prompt notice to the Limited Buyers of action taken by Buyers' Agent or information received from Seller, as the case may be.

Appears in 1 contract

Sources: Buyers' Facility Agent Agreement