Commercially reasonable manner: Difference between revisions

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The sort of text we are considering to address this concern, is as follows:
The sort of text we are considering to address this concern, is as follows:


{{box|'''Standard of conduct''': Each party must act in good faith and (except where expressly entitled to act in its absolute discretion) reasonably and will be presumed to have done so.}}
{{box|'''Standard of conduct''': Each party must act in good faith and (unless expressly entitled to act in its absolute discretion) in a [[commercially reasonable manner]].}}


This allows us to explicitly except some rights (by making them “absolute discretions”) and also explicitly puts the onus on the person alleging bad faith/commercial unreasonableness.
This allows us to explicitly except some rights (by making them “absolute discretions”) and also explicitly puts the onus on the person alleging bad faith/commercial unreasonableness.