REASONABLE APPROVAL Sample Clauses

The Reasonable Approval clause requires that any consent or approval needed under the agreement must not be unreasonably withheld, delayed, or conditioned by the party granting it. In practice, this means that if one party requests permission for an action—such as assigning rights or making changes—the other party must evaluate the request fairly and cannot arbitrarily refuse or stall the decision. This clause ensures that both parties act in good faith and prevents one side from using approval rights to unfairly block or hinder the other, thereby promoting cooperation and reducing the risk of disputes over unreasonable denials.
POPULAR SAMPLE Copied 23 times
REASONABLE APPROVAL. In those instances in this Development Agreement in which a party’s approval, consent or satisfaction is required, then it shall be implied that such action shall be exercised in a reasonable manner and within a reasonable time frame.
View SourceView Similar (6)
REASONABLE APPROVAL. In those instances in this Development Agreement in which a party’s approval, consent or satisfaction is required, then it shall be implied that such action shall be exercised in a reasonable manner and within a reasonable time frame. The City shall waive all City impact fees, application fees, and review fees for the development of the premises and shall expedite all review.
View SourceView Similar (2)
REASONABLE APPROVAL. Both parties shall not unreasonably withhold or delay approvals required under this lease.
View SourceView Similar (3)
REASONABLE APPROVAL. Wherever in the Existing Loan Documents, as hereby modified, the Amended Note, or the Hazardous Materials Indemnity, the approval of Lender or its counsel is required, such approvals shall not be unreasonably withheld or delayed unless there is an express provision to the contrary (i.e., where Lender is given sole discretion).
View Source
REASONABLE APPROVAL. If any approval is required under this Agreement, any such approval or consent shall not be unreasonably withheld or delayed.
View Source

Related to REASONABLE APPROVAL

  • Course Approval Approval for dual credit shall be by the LEA and POSTSECONDARY INSTITUTION representatives on a course-by-course basis each semester based on the student’s prior coursework, career pathway, and/or academic readiness. There is no state limit to the number of credits a student may earn through dual credit in an academic term; however, the student must meet eligibility requirements.

  • Approval/Non-Approval We will notify you whether your Application has been approved or denied within 14 days after the date we receive a completed Application. Notification may be in person or by mail or telephone unless you have requested that notification be by mail. You must not assume approval until you receive actual notice of approval. The 14-day time period may be changed only by separate written agreement.

  • Approval This Agreement shall not be binding until it has been approved by the Committee during a duly noticed Committee meeting.

  • HSR Approval All applicable waiting periods (and any extensions thereof) under the HSR Act in respect of the Transactions shall have expired or been terminated.

  • Final Approval After Acceptance, Engineer shall perform any required modifications, changes, alterations, corrections, redesigns, and additional work necessary to receive Final Approval by the County. "Final Approval" in this sense shall mean formal recognition that the Engineering Services have been fully carried out.