context: We emphasize, however, that the doctrine of good faith is to be applied in a manner that will "effectuate the reasonable contractual expectations of the parties."
citation_a.signal: see also
citation_a.identifier: 312 Or 493, 493-94
citation_a.parenthetical: where parties' contract provides for unilateral exercise of discretion, reasonable expectations are met when that discretion is exercised after notice
citation_a.sentence: See Best v. U.S. National Bank, supra, 303 Or at 563 (stating that as the purpose of the good faith doctrine); see also Tolbert v. First National Bank, supra, 312 Or at 493-94 (where parties’ contract provides for unilateral exercise of discretion, reasonable expectations are met when that discretion is exercised after notice); Restatement (Second) of Property § 15.2(2) (1977 & 1993 Supp) (“[a] restraint on alienation without the consent of the landlord of the tenant’s interest in the leased property is valid, but the landlord’s consent * * * cannot be withheld unreasonably, unless a freely negotiated provision in the lease gives the landlord an absolute right to withhold consent” (emphasis added)).
citation_b.signal: see
citation_b.identifier: 303 Or 563, 563
citation_b.parenthetical: stating that as the purpose of the good faith doctrine
citation_b.sentence: See Best v. U.S. National Bank, supra, 303 Or at 563 (stating that as the purpose of the good faith doctrine); see also Tolbert v. First National Bank, supra, 312 Or at 493-94 (where parties’ contract provides for unilateral exercise of discretion, reasonable expectations are met when that discretion is exercised after notice); Restatement (Second) of Property § 15.2(2) (1977 & 1993 Supp) (“[a] restraint on alienation without the consent of the landlord of the tenant’s interest in the leased property is valid, but the landlord’s consent * * * cannot be withheld unreasonably, unless a freely negotiated provision in the lease gives the landlord an absolute right to withhold consent” (emphasis added)).