Following negotiations Sample Clauses

The "Following negotiations" clause establishes that certain actions, decisions, or agreements will take effect only after the parties have engaged in discussions to resolve specific issues. In practice, this clause may require the parties to attempt to reach a mutual understanding or settlement on disputed terms before proceeding with further steps, such as invoking remedies or amending the contract. Its core function is to encourage communication and good faith negotiation, helping to prevent premature escalation of disputes and fostering collaborative problem-solving.
Following negotiations the Parties have agreed to contract with each other in accordance with the terms and conditions set out below.]
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Related to Following negotiations

  • Term and Reopening Negotiations This Agreement shall remain in full force and effect for a period commencing on July 1, 2021 through June 30, 2023 and thereafter until modifications are made pursuant to the P.E.L.R.A. If either party desires to modify or amend this Agreement commencing on July 1, it shall give written notice of such intent no later than May 1. Unless otherwise mutually agreed, the parties shall not commence negotiations more than 90 days prior to the expiration of the Agreement.

  • No Negotiations Neither Company nor any Shareholder will directly or indirectly (through a representative or otherwise) solicit or furnish any information to any prospective buyer, commence, or conduct presently ongoing, negotiations with any other party or enter into any agreement with any other party concerning the sale of Company, Company's assets or business or any part thereof or any equity securities of Company (an "acquisition proposal"), and Company and Shareholders shall immediately advise Buyer of the receipt of any acquisition proposal.

  • Mutual Negotiations This Agreement and the other Transaction Documents are the product of mutual negotiations by the parties thereto and their counsel, and no party shall be deemed the draftsperson of this Agreement or any other Transaction Document or any provision hereof or thereof or to have provided the same. Accordingly, in the event of any inconsistency or ambiguity of any provision of this Agreement or any other Transaction Document, such inconsistency or ambiguity shall not be interpreted against any party because of such party’s involvement in the drafting thereof.