Bargaining Power Clause Samples

The Bargaining Power clause defines the relative ability of each party in a contract to negotiate terms and influence the outcome of the agreement. In practice, this clause may acknowledge disparities in negotiating strength, such as when one party is a large corporation and the other is a small supplier, and may include provisions to ensure fair dealing or prevent exploitation. Its core function is to recognize and address imbalances in negotiation leverage, promoting fairness and transparency in the contracting process.
Bargaining Power. Even the briefest of ▇▇▇▇ typically includes the pricing. But there are many other terms besides pricing that are important. If a party agrees in the LOI to the pricing but leaves the other terms to be negotiated later, the party has given up the ability to use its agreement to a price as bargaining power in negotiating the other terms. Efficiency. From a time and cost-saving standpoint, both parties can greatly benefit from negotiating not only the price but also the other key terms in the LOI.
Bargaining Power. Clients/Customers have few choices other than agreeing on the terms of the agreement by clicking "I approve," or quitting the web by exiting or closing the tab. A clickwrap arrangement may be declared unenforceable due to abuse of authority. Contracts of adhesion or unfair purchasing authority are frowned upon under contract law. Due to a lack of negotiating power, eCommerce TOS are only enforceable if they list the site's conditions simply and specifically. To access the web, eCommerce agreements do not require the customer to give away too much. These electronic agreements are getting mainstream both domestically and internationally, requiring the clients/customers to be aware of the contents, agendas, terms, and conditions, etc. of the agreement to prevent heavy losses in terms of money and time fighting a case. The most basic precaution is to read and understand the contents and the terms of the agreement. The client/customer should give a cursory glance to be aware of what and how much data will be shared with the host party. Contracts of a higher priority, such as opening an online bank account or ordering costly products and services online, must be carefully read before approval. If a contract does not have certain terms and conditions, the contract may be challenged in a court of law. Most Clickwrap Agreements contain a provision for arbitration or settlement, which is normally held in the host's country or where the host lives. Such words can be emphasized when arguing that the deal is overly discriminatory because it offers the host an unfair benefit in terms of saving money on travel and other expenditures. The faction with fewer negotiating influences requires insufficient resources to fly to a foreign nation and observe court hearings.
Bargaining Power. This agreement has been agreed to by the parties only after negotiations between City and Owner(s), both of which were represented by counsel. Accordingly, this agreement shall not be construed as if it had been prepared only by City or Owner(s), but rather as if both City and Owner(s) had prepared the same.
Bargaining Power. The parties acknowledge that prior to making this Agreement: a) Each party could negotiate for the alteration of or rejection of any of the provisions of this Agreement; and b) There was no material inequality in bargaining power between the parties; and c) Each party had consulted or had the opportunity to consult independent legal and or financial advisers.
Bargaining Power. There is a basic inequality of bargaining power between the Crown and Maori. The Crown wields control over the negotiation process; it has skilled and experienced advisors and negotiators; and it can, for the most part, pick when and on what terms it wants to negotiate, and whether or not to settle. Maori are in a comparatively weak position. They have few human and financial resources; they cannot enter into negotiations without a measure of political largesse or as a result ofjudicial favour; and are often unable to walk away from a settlement, either because their needs are pressing, or for fear that, without settlement, the Crown will act or omit to act so as to prejudice Maori interests. This power imbalance can have a significant effect on outcome: there can be no guarantee in such circumstances that ▇▇▇▇▇ will regard any settlement reached as legitimate. Mechanisms must be developed to redress this power imbalance. Adequate funding of Maori, in the Waitangi Tribunal and during negotiations, would be an important start.52 More far-reaching would be the boosting of the courts’ ability to safeguard the negotiation process by the statutory incorporation of the Treaty53 or of substantive Treaty rights. The appointment of an independent body to monitor Treaty negotiations is another possibility.54 49 NZMC(19S1); Love v Attorney-General Unreported, 17 November 1988, High Court Wellington Registry CP 135/88. 51 Te Weehi v Regional Fisheries Officer [1986] 1 NZLR 680. 52 Chief Judge ▇▇▇▇▇ has commented extra-judicially that “[i]t is incumbent on the Crown, if it wants a lasting resolution of ▇▇▇▇▇ claims, to ensure that the Maori negotiating costs are paid for, and that the claimants are not lacking for professional aid”: Chief Judge ▇▇▇▇▇, speech given at Oxford, 29 November 1989, quoted in (1989) 12 TCL 46/558; see also "1990 - The Treaty and the Lawyer" Law Talk, Wellington, New Zealand, April 1990, vol 324, 28, 33. 53 As was proposed in the 1985 draft Bill of Rights: A Bill of Rights for New Zealand: A White Paper New Zealand. Parliament. House of Representatives. Appendix to the journals, vol I, A6. This was, however, opposed by ▇▇▇▇▇: ▇ ▇▇▇▇▇ ‘The Bill of Rights and Te Tiriti o Waitangi” in Legal Research Foundation A Bill ofRights for New Zealand (Auckland, 1985) 207. It may be, however, that the Maori experience of the courts after
Bargaining Power. The Sealord deal was negotiated around the sale of Sealord Fisheries Ltd. ▇▇▇▇▇▇▇ that opportunity was seen as critical to the settlement of Treaty fishing claims. In these circumstances, the Maori negotiators, and those iwi who ratified the deal, felt no option but to take the deal, whatever their reservations about its content or the procedure by which it had been reached. In response to the question “Is this a good deal for Maori”, the Maori negotiators were able to reply only “[This is] the best deal that Maori will get.”176 As Whetu ▇▇▇▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇ emphasised in Parliament:177 173 Despite the year 2000 commitment, the Crown seems in no hurry. There were 271 known claims pending in March 1992, but only a few small settlements and the Sealord deal have been concluded: Kelsey Rolling Back the State, above n 35, 259. The Ngai Tahu and ▇▇▇▇▇▇ claims have been under negotiation since 1991 and Te Roroa since 1992 (“Seeking common ground”, above n 170), but there has been no indication of progress. 174 The Crown is to make clear what types of natural resource claims, for example, it considers valid in the Treaty claims policy which it is to release: “Party’s over for ▇▇▇▇▇▇”, above n 143. The Crown’s disestablishment of the Crown-Congress Joint Working Party on Railway Lands also demonstrates effective Crown control. Initially hailed as an important new process for Treaty claims settlement (Chief Judge ▇▇▇▇▇ “Politics and the Treaty”, above n 166), the Working Party was put aside when it began to make settlements the Crown regarded as inappropriate. The Labour Government’s Principlesfor Crown Action on the Treaty of Waitangi (CAB (89) Ml 6/19, 22 May 1989) demonstrate also the Crown’s power position. Although the Crown may have protested that the principles were not an attempt to rewrite the Treaty (cf Frame, above n 79, 88), if they represent the only basis on which the Crown will negotiate, then that is their substantive effect. 175 ▇ ▇▇▇▇▇ “‘Full and final’ and very unsettling” The Dominion, Wellington, 7 September The Crown should have acted to remove this imbalance of bargaining power. That ▇▇▇▇▇▇▇ was the last opportunity for the Crown to settle Maori claims should have been the Crown’s concern, not that of Maori; that Maori had fundamental reservations about the deal should have indicated the impossibility of a lasting settlement without continued negotiation. The Crown could, for example, have purchased Sealord on its own behalf, thereby giving bo...

Related to Bargaining Power

  • Bargaining Unit The term "bargaining unit" as used in this Agreement refers to the bargaining unit defined in Article 1, Recognition.

  • Bargaining Unit Roster The County will transmit to the Union a current listing

  • Bargaining unit members shall earn their salary at the Equalized Daily rate. A bargaining unit member’s Equalized Daily Rate of Pay shall be calculated based upon dividing the annual salary by the number of paid days in the bargaining unit member’s work calendar. Upon termination, bargaining unit members shall be paid through their last day worked at the Equalized Daily rate.

  • Bargaining Units The bargaining units shall consist of: (A) All full-time, sworn police officers below the rank of Sergeant who are employed by the City of Columbus, Ohio, Division of Police. (B) All full-time, sworn police officers holding the rank of Sergeant or above who are employed by the City of Columbus, Ohio, Division of Police, but excluding the Chief and Deputy Chiefs.

  • Bargaining Unit Seniority The length of continuous service in a position or succession of positions within Bargaining Unit Two (2), beginning with the last date of hire or transfer into the Bargaining Unit, as defined by seniority credits.