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The agreement obligated both parties to make best efforts to secure regulatory approval within the specified timeline.
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The agreement obligated both parties to make best efforts to secure regulatory approval within the specified timeline.
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Related words
best efforts
Noun
plural
plural-normally
Japanese Meaning
法律分野：現状の下で最良の成果を得るために、誠実で善意に基づいた努力を行うことを保証する行為。 / 金融分野：引受契約が確定していない状態で、有価証券を販売するために行う努力。
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