Contracts II
Restatement Second of Contracts § 228
Satisfaction of the Obligor as a Condition
When it is a condition of an obligor's duty that he be satisfied with respect to the obligee's performance or with respect to something else, and it is practicable to determine whether a reasonable person in the position of the obligor would be satisfied, an interpretation is preferred under which the condition occurs if such a reasonable person in the position of the obligor would be satisfied.
Copyright, The American Law Institute