Contract Renegotiation Sample Clauses
The Contract Renegotiation clause establishes the parties' right and process to revisit and modify the terms of an existing agreement. Typically, this clause outlines the circumstances under which renegotiation may be initiated, such as significant changes in law, market conditions, or unforeseen events, and may specify procedures like written notice and timelines for discussions. Its core practical function is to provide a structured mechanism for adapting the contract to changing circumstances, thereby reducing the risk of disputes and ensuring the agreement remains fair and workable for all parties involved.
Contract Renegotiation. As a standard term in our agreement, Ica Microsystems INC is pleased to grant our Customer the right to revise their contracted services based on changes to their internal service requirements or changes in Ica Microsystems INC 's pricing. To revise their contract, the Customer must migrate to another service term offered by Ica Microsystems INC , which has a dollar value equal to or greater than the remaining value of the original Agreement.
Contract Renegotiation. As a standard term in our agreement, IT PILOTS is pleased to grant our Customer the right to revise their contracted services based on changes to their internal service requirements or changes in IT PILOTS's pricing. To revise their contract, the Customer must migrate to another service term offered by IT PILOTS, which has a dollar value equal to or greater than the remaining value of the original Agreement.
Contract Renegotiation. The Contract may be renegotiated in the event of changes required by law, regulations, court action, or inability of either party to perform as committed in this Contract.
Contract Renegotiation. In the event the Seller applies to renegotiate a term or terms of this Contract the Buyer will have the discretion to renegotiate other terms of the Contract on the day of renegotiation. CROP LIENS: The Seller must notify the Buyer if an Encumbrance exists over the Commodity. The Seller unconditionally and irrevocably directs the Buyer to deduct from any payments due to the Seller:
Contract Renegotiation. As a standard term in our agreement, ICA is pleased to grant our Customer the right to revise their contracted services based on changes to their internal service requirements or changes in ICA's pricing. To revise their contract, the Customer must migrate to another service term offered by ICA, which has a dollar value equal to or greater than the remaining value of the original Agreement.
Contract Renegotiation. After the student submits the contract, the student may revise it in consultation with the sponsor, a process called "contract renegotiation." Educational activities may be added or dropped, and the certification criteria must be revised accordingly. The sponsor must endorse the changes. The deadline for contract renegotiation is Friday of the twelfth week of the semester.
Contract Renegotiation. S reserves the right to renegotiate fee schedule rates annually for open-end hourly rate and time and materials contracts. Agreements in which a portion of the scope extends in duration for more than one year from the date of acceptance are subject to renegotiation.