Common use of EMERGENCY REOPENING Clause in Contracts

EMERGENCY REOPENING. 1. In the event of war, declaration of emergency, imposition of mandatory economic controls, the adoption of a National Health Program or any Congressional or Federal Agency action which has a significantly adverse effect on the financial structure of the Employer, during the life of this Agreement, either party may reopen the same upon sixty (60) days’ written notice and request 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 [No change] [No change] [No change]

Appears in 6 contracts

Samples: Letter of Agreement, Letter of Agreement, Letter of Agreement

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