Features of Successful Agreements Sample Clauses

Features of Successful Agreements. The owner and the feeder should be open and honest with each other, and be able to resolve disagreements cordially. To maximize long term profit, the terms of the agreement should be fair to both the owner of the animals and the feeder, and force them to think through an equitable and reasonable agreement. The issues of pricing payment and liability should be in place to protect the owner and the feeder. Agreements should be flexible enough to permit fair adjustments to any unexpected situations. An agreement should be adapted to suit each individual situation, yet remain simple enough to work. STEPS IN COMPLETING AN AGREEMENT
AutoNDA by SimpleDocs

Related to Features of Successful Agreements

  • Financial Consequences of Non-Performance If the corrective action plan is unacceptable to the Department or Customer, or fails to remedy the performance deficiencies, the Contractor will be assessed a non-performance retainage equivalent to 10% of the total invoice amount or as specified in the Contract. The retainage will be applied to the invoice for the then-current billing period. The retainage will be withheld until the Contractor resolves the deficiency. If the deficiency is subsequently resolved, the Contractor may invoice the Customer for the retained amount during the next billing period. If the Contractor is unable to resolve the deficiency, the funds retained will be forfeited.

Time is Money Join Law Insider Premium to draft better contracts faster.