Understanding“Best Efforts” And Its Variants (Including ...

good-faith best efforts 80 every effort 50 commercially reasonable and diligent efforts 31 What Lawyers Think “Best Efforts” Means The conventional wisdom among corporate lawyers is that best effortsis the most onerous of 12 The Practical Lawyer August 2004 “Efforts” Clauses 13 the efforts standards—that the promisor is re-quired to do everything in its power to accom-plish the goal ... ................
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