Common use of ESCAPE CLAUSE Clause in Contracts

ESCAPE CLAUSE. This agreement is entered into on the basis of the economic and regulatory data presently in force. Accordingly, if, subsequent to circumstances of an economic or regulatory order outside of the control of the parties occurring after the date of entry into effect hereof and disrupting the general organisation relating to the recovery and recycling of batteries and accumulators, or if the economy of the contractual relationship were to be modified in any significant manner, the parties agree to consult one another to restore the situation, in the spirit of this agreement, and to negotiate the revision of the provisions involved in good faith.

Appears in 5 contracts

Samples: Membership Agreement, Membership Agreement, Membership Agreement

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