Common use of Conditions for this Agreement Clause in Contracts

Conditions for this Agreement. This Collective Wage Agreement is based, on the one hand, on a Collective Wage Agreement signed on 5 April 2019 and, on the other, on the Living Standards Agreement signed on the same date. The object of this Collective Wage Agreement is to promote increased spending power and lower future interest rates. The Agreement is based on the prerequisite that the purchasing power of wages increases during the term of the Agreement in accordance with the aim of the Agreement to raise the lowest wages, that interest rates decrease and that the government fully delivers on the declaration it issued in connection with the negotiations. The parties agree that the Agreement creates conditions for a significant decrease in interest rates. The Agreement prerequisites are as follows:

Conditions for this Agreement. This Collective Wage Agreement is based, on the one hand, on a Collective Wage Agreement Agree- ment signed on 5 April 2019 and, on the other, on the Living Standards Agreement signed on the same date. The object of this Collective Wage Agreement is to promote increased spending power and ad lower future interest rates. The Agreement is based on the prerequisite that the purchasing pur- chasing power of wages increases during the term of the Agreement in accordance with the aim of the Agreement to raise the lowest wages, that interest rates decrease and that the government fully delivers on the declaration it issued in connection with the negotiations. The parties agree that the Agreement creates conditions for a significant decrease in interest rates. The Agreement prerequisites are as follows: