Common use of Management Standards Clause in Contracts

Management Standards. (a) USU shall perform the Management Services and discharge its other duties hereunder in compliance with all applicable law. In performing the Management Services and its other duties hereunder, USU shall act in a manner that it reasonably believes to be in the best interests of IWO consistent with the standards set forth herein. Nothing in this Agreement shall be construed as constituting USU an agent of IWO beyond the extent expressly provided in, and as limited by, this Agreement. (b) USU shall devote comparable attention and services to IWO as those devoted by USU in its management of other wireless communications systems or markets directly or indirectly owned or managed by USU, and will otherwise deal with IWO subject to the terms of this Agreement.

Appears in 2 contracts

Sources: Management Agreement (Texas Unwired), Management Agreement (Iwo Holdings Inc)