WebCommercially prudent; Potecting the interests of the Users; Maximizing the effective use of the Airport Company’s resources; Procurement Procedures. The procurement shall be … WebCommercially reasonable efforts: (a) “Commercially reasonable efforts” refers to at least those efforts that people experienced in the relevant business would generally regard as sufficient to constitute reasonable efforts in the relevant circumstances.
Procurement Policy - NIA Airport
This was in fact the formula adopted in CPC Group Ltd v Qatari Diar Real Estate Investment Company[2010]. The judge found that the promisor could consider its own commercial interests alongside those of the other party but was required to take all reasonable steps to procure the planning permission, … See more Reasonable endeavours requires the promisor to take a reasonable course to achieve the objective, even if other courses of action are available. It would not normally require … See more All reasonable endeavours is commonly adopted as a compromise between best endeavours and reasonable endeavours. In reality, the … See more Best endeavours is the most onerous alternative. It does not impose a strict obligation to achieve the objective but "it does not mean second best endeavours". It is an obligation to … See more Even if the parties fail to specify the steps required, the court may be prepared to decide what the endeavours should comprise, if the … See more WebOct 4, 2010 · The use of the words "all reasonable but commercially prudent endeavours" in a sale and purchase agreement made it clear that the obligor was not obliged to … erez law investment fraud lawyer
I. PURPOSE OF PROCUREMENT POLICY - Connect for …
WebProtecting Small Businesses from Litigation The Need for a Business Lawyer when Litigation Occurs with Unsatisfactory Services Arbitration of Business Disputes: Ins and Outs Business Law Lawyer: Limited Time to Respond to a Civil Lawsuit Infamous Antitrust Cases Common Legal Mistakes to Avoid in Your Business WebFeb 24, 2024 · In commercial contracts for energy industry operations, two different standards of care appear most often: The “reasonably prudent operator” standard and … WebAug 16, 2011 · The dispute related to the redevelopment of the Chelsea Barracks site, and one of the issues considered was an obligation to use 'all reasonable but commercially … find missing number in an array