According to Black`s Law Dictionary, the term “reasonable” is defined as “fair, reasonable or moderate in the circumstances.” The judgment of the Fondazione Enasarco v Lehman Brothers Finance SA  EWHC 1307 (Ch) concluded that the wording of the definition of `loss` in the 1992 ISDA framework contract established the necessary level of adequacy in terms of rationality. The Tribunal in this case recognized that. In my last speech on moral turpitude, I noticed that I found the expression “his reasonable but bona bona bona opinion” strange, and some commentators have spoken about it. So I thought I needed to have a more general look at the relationship between these two concepts. In addition to the above principles, it is important to note that parties in Canada continue to be subject to the additional duty of good faith (in Quebec) or the general principle of organizing good faith and the duty of honesty in the performance of contractual obligations (in the common law provinces). The terms of an agreement (i) may be limited so that a decision is left to the discretion or “sole discretion” of a lender, or (ii) do not qualify or impose a standard of “relevance” on the lender. The terms should be written in a clear and modern style and in accordance with the standards of the law and jurisdiction of the treaty. Presentation license agreements follow the same rule. Do not use an American model for a British contract. If the contracting parties design the contract without judicial participation, the conditions are more likely to be considered fair, proportionate and non-discriminatory. This additional requirement to achieve an economically reasonable result had to be an objective requirement. . .