Common use of EMERGENCY REOPENING Clause in Contracts

EMERGENCY REOPENING. In the event of war, declaration of emergency, imposition of man- datory economic controls, the adoption of a National Health Pro- gram or any Congressional or Federal Agency action which has a significantly adverse effect on the financial structure of the Em- ployer, during the life of this Agreement, either party may reopen the same upon sixty (60) days’ written notice and request renego- tiation of the provisions of this Agreement directly affected by such action. There shall be no limitation of time for such written notice. Upon the failure of the parties to agree in such negotia- tions, within sixty (60) days thereafter, either party shall be per- mitted all lawful economic recourse to support its request for re- visions. If governmental approval of revisions should become necessary, all parties will cooperate to the utmost to attain such approval. The parties agree that the notice provided herein shall be accepted by all parties as compliance with the notice require- ments of applicable law, so as to permit economic action at the expiration thereof.

EMERGENCY REOPENING. In the event of war, declaration of emergency, imposition of man- datory mandatory economic controls, the adoption of a National Health Pro- gram Program or any Congressional or Federal Agency action which has a significantly adverse effect on the financial structure of the Em- ployerEmployer, during the life of this Agreement, either party may reopen the same upon sixty (60) days’ written notice and request renego- tiation renegotiation of the provisions of this Agreement directly affected by such action. There shall be no limitation of time for such written notice. Upon the failure of the parties to agree in such negotia- tionsnegotiations, within sixty (60) days thereafter, either party shall be per- mitted permitted all lawful economic recourse to support its request for re- visionsrevisions. If governmental approval of revisions should become necessary, all parties will cooperate to the utmost to attain such approval. The parties agree that the notice provided herein shall be accepted by all parties as compliance with the notice require- ments requirements of applicable law, so as to permit economic action at the expiration thereof.

EMERGENCY REOPENING. In the event of war, declaration of emergency, imposition of man- datory mandatory economic controls, the adoption of a National Health Pro- gram national health care or any Congressional congressional or Federal Agency federal agency action which has a significantly adverse effect on the financial structure of the Em- ployertrucking industry or adverse impact on the wages, benefits or job security of the employees, during the life of this Agreement, either party may reopen the same upon sixty (60) days’ day’s prior written notice and request renego- tiation renegotiation of the provisions of this Agreement directly affected by such action. There shall be no limitation of time for such written notice. Upon the failure of the parties to agree in such negotia- tions, negotiations within the subsequent sixty (60) days 60)-day period, thereafter, either party shall be per- mitted permitted all lawful economic recourse to support its request for re- visionsrevisions. If governmental approval of revisions should become necessary, all parties will cooperate to the utmost to attain such approval. The parties agree that the notice provided herein shall be accepted by all parties as compliance with the notice require- ments requirements of applicable law, so as to permit economic action at the expiration thereof.

EMERGENCY REOPENING. In the event of war, declaration of emergency, imposition of man- datory mandatory economic controls, the adoption of a National Health Pro- gram national health care or any Congressional congressional or Federal Agency federal agency action which has a significantly adverse effect on the financial structure of the Em- ployertrucking industry or adverse impact on the wages, benefits or job security of the employees, during the life of this Agreement, either party may reopen the same upon sixty (60) days’ ' prior written notice and request renego- tiation renegotiation of the provisions of this Agreement directly affected by such action. There shall be no limitation of time for such written notice. Upon the failure of the parties to agree in such negotia- tions, negotiations within the subsequent sixty (60) days 60)-day period, thereafter, either party shall be per- mitted permitted all lawful economic recourse to support its request for re- visionsrevisions. If governmental approval of revisions should become necessary, all parties will cooperate to the utmost to attain such approval. The parties agree that the notice provided herein shall be accepted by all parties as compliance with the notice require- ments requirements of applicable law, so as to permit economic action at the expiration thereof.

EMERGENCY REOPENING. In the event of war, declaration of emergency, imposition of man- datory mandatory economic controls, the adoption of a National Health Pro- gram national health care or any Congressional congressional or Federal Agency federal agency action which has a significantly adverse effect on the financial structure of the Em- ployertrucking industry or adverse impact on the wages, benefits or job security of the employees, during the life of this Agreement, either party may reopen the same upon sixty (60) days’ prior written notice and request renego- tiation renegotiation of the provisions of this Agreement directly affected by such action. There shall be no limitation of time for such written notice. Upon the failure of the parties to agree in such negotia- tions, negotiations within sixty the subsequent sixty- (60) days day period, thereafter, either party shall be per- mitted permitted all lawful economic recourse to support its request for re- visionsrevisions. If governmental approval of revisions should become necessary, all parties will cooperate to the utmost to attain such approval. The parties agree that the notice provided herein shall be accepted by all parties as compliance with the notice require- ments requirements of applicable law, so as to permit economic action at the expiration thereof.

EMERGENCY REOPENING. In the event of war, declaration of emergency, imposition of man- datory mandatory economic controls, the adoption of a National Health Pro- gram national health care or any Congressional congressional or Federal Agency federal agency action which has a significantly adverse effect on the financial structure of the Em- ployertrucking industry or adverse impact on the wages, benefits or job security of the employees, during the life of this Agreement, either party may reopen the same upon sixty (60) days’ day's prior written notice and request renego- tiation renegotiation of the provisions of this Agreement directly affected by such action. There shall be no limitation of time for such written notice. Upon the failure of the parties to agree in such negotia- tions, negotiations within the subsequent sixty (60) days 60)-day period, thereafter, either party shall be per- mitted permitted all lawful economic recourse to support its request for re- visionsrevisions. If governmental approval of revisions should become necessary, all parties will cooperate to the utmost to attain such approval. The parties agree that the notice provided herein shall be accepted by all parties as compliance with the notice require- ments requirements of applicable law, so as to permit economic action at the expiration thereof.