Reasonable Best Efforts definition
Reasonable Best Efforts means a party’s best efforts in accordance with reasonable commercial practice and without the incurrence of unreasonable expense.
Reasonable Best Efforts means, with respect to the applicable obligation of the Company, reasonable best efforts for similarly situated, publicly-traded companies.
Examples of Reasonable Best Efforts in a sentence
The Company shall, on or before October 27, 2025 (the “Mandatory Filing Date”), use its Reasonable Best Efforts to file with the Commission a Registration Statement (the “Mandatory Registration Statement”), covering the resale of all of the Registrable Securities for an offering to be made on a continuous basis pursuant to Rule 415, and shall thereafter use its Reasonable Best Efforts to cause the Mandatory Registration Statement to be declared effective by the Commission.
More Definitions of Reasonable Best Efforts
Reasonable Best Efforts means the efforts that a reasonably prudent Person would use to achieve a result as expeditiously as possible.
Reasonable Best Efforts means, with respect to a party hereto, prompt and persistent efforts as a prudent Person desirous of achieving a result would use in similar circumstances; provided that the parties hereto will be required to expend only such resources as are commercially reasonable in the applicable circumstances.
Reasonable Best Efforts means the efforts that a prudent Person desirous of achieving a result would use in similar circumstances to achieve that result as expeditiously as possible; provided, however, that a Person required to use reasonable best efforts under the Agreement will not be required to make any material change to its business, dispose of any material asset, expend material funds, incur any material burden or take actions that would result in a material adverse change in the benefits to such Person of the Agreement and the Contemplated Transactions.
Reasonable Best Efforts means the with respect to a given goal, the efforts that a reasonable Person would use so as to promptly achieve that goal (including, where reasonably appropriate, promptly exercising all contractual, statutory, and other rights and powers available to it).
Reasonable Best Efforts means a Person’s good faith best efforts to achieve such goal as soon as reasonably practicable and consistent with reasonable commercial practice and without payment of any assignment, consent, or similar fee requested by any Person or the incurrence of unreasonable expense or hardship, and/or the requirement to engage in litigation.
Reasonable Best Efforts means the efforts that a commercially reasonable Person would use to achieve a result in the time period reasonably required.
Reasonable Best Efforts means (i) commercially reasonable efforts plus, if necessary, (ii) any additional actions that do not (x) incur material out-of-pocket costs; (y) require material additional employee resources; and/or (z) materially interfere with the conduct of the performing party’s applicable business.