Commercially Reasonable Terms and Conditions Clause Samples

The 'Commercially Reasonable Terms and Conditions' clause requires that any actions, obligations, or standards referenced in the contract be performed or interpreted according to what is generally accepted as fair and sensible in the relevant industry. In practice, this means that parties must act in a manner consistent with what similar businesses would consider reasonable under comparable circumstances, such as setting prices, delivery schedules, or service levels. The core function of this clause is to provide a flexible, industry-based benchmark for performance and expectations, helping to prevent disputes by ensuring that neither party is held to unrealistic or arbitrary standards.
POPULAR SAMPLE Copied 3 times
Commercially Reasonable Terms and Conditions. The terms and provisions of this Agreement are intended to reflect commercially reasonable terms and conditions (including, but not limited to, pricing) that are at least as favorable and as competitive to Choice as the terms and conditions Manor would grant or require of third parties for substantially similar goods and services.
View SourceView Similar (13)
Commercially Reasonable Terms and Conditions. Notwithstanding -------------------------------------------- anything in this Agreement to the contrary, the terms and provisions of this Agreement reflect and shall reflect commercially reasonable terms and conditions (including, but not limited to, pricing) that in the reasonable judgment of Choice are at least as favorable and as competitive to Sunburst as the terms and conditions Choice would grant or require of third parties for substantially similar goods and services.
View SourceView Similar (8)
Commercially Reasonable Terms and Conditions. The terms and provisions of this Agreement are and shall reflect commercially reasonable terms and conditions (including, but not limited to, pricing) that are at least
View Source

Related to Commercially Reasonable Terms and Conditions

  • Insurance Terms and Conditions Company must maintain the following limits and coverages uninterrupted or amended through the term of this Agreement. In the event Company becomes in default of the following requirements, Authority reserves the right to take whatever actions it deems necessary to protect its interests. Required liability policies other than Workers’ Compensation / Employer’s Liability will provide that Authority, members of Authority’s governing body, and Authority’s officers, volunteers and employees are included as additional insureds.

  • Confidential Terms and Conditions; Publicity Licensee shall not disclose the terms and conditions of this Agreement or the pricing contained herein to any third party. Neither party shall use the name of the other party in publicity, advertising, or similar activity, without the prior written consent of the other, except that Licensee agrees that SAP and its affiliated companies may use Licensee's name in customer listings or, at times mutually agreeable to the parties, as part of SAP's marketing efforts (including without limitation reference calls and stories, press testimonials, site visits, SAPPHIRE participation). SAP will make reasonable efforts to avoid having the reference activities unreasonably interfere with Licensee's business. Licensee agrees that SAP may share information on Licensee with its affiliated companies for marketing and other business purposes and that Licensee has secured permission from its employees to allow SAP to share business contact information with its affiliates.

  • ADDITIONAL TERMS AND CONDITIONS This Annex A to the Second Amended and Restated Servicing Agreement, dated October 31, 2021 (the “Agreement”), among ▇▇▇▇▇ Bank and ▇▇▇▇▇ Trust Company, as Sellers, the Bank Assets Purchaser and, upon execution of the Joinder Agreement, the Delaware Trust Assets Purchaser, as Purchasers, and Guarantor (solely for purposes of Section 9.5 of the Agreement), is incorporated into and deemed part of the Agreement in all respects.

  • General Terms and Conditions During the term of this Contract, Contractor agrees to procure and maintain insurance which meets all County’s requirements in the General Terms and Conditions.

  • Other Terms and Conditions You also agree to be bound by any other specific terms and conditions governing such recurring/instalment payment scheme. In the event of conflict, such specific terms and conditions are to prevail over the provisions of this clause but only to the extent necessary to give full effect to those terms and conditions.