M&A Foundations · glossary
English contracts grade how hard a party must try: "reasonable endeavours" (take one sensible course), "all reasonable endeavours" (exhaust the sensible courses — noticeably tougher) and "best endeavours" (the most demanding). The middle standard is common for obligations such as obtaining regulatory approval. Clause 5.2 · Chapter 13
Explained in Chapter 13, Signing to Completion, of M&A Foundations.
The main page for this term is All reasonable endeavours, in Drafting Skills.
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