Future Agreement Clause Samples
A Future Agreement clause establishes that the parties intend to negotiate and enter into a more detailed or formal contract at a later date. In practice, this clause may outline the general terms or framework that will guide future discussions, such as the scope of work, pricing, or timelines, but leaves the specifics to be determined through subsequent negotiation. Its core function is to document the parties' mutual intent to formalize their relationship in the future, providing a basis for ongoing discussions while acknowledging that not all terms are finalized yet.
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Future Agreement. This Agreement and the documents referred to herein contain the entire agreement of the parties relevant to the subject matter hereof, and it may be amended only by a written document signed by both Employee and Company.
Future Agreement. Company agrees not to enter into any agreement (including, without limitation, any credit facility) that would prohibit Company from performing its obligations hereunder (including, without limitation, pursuant to Section 6(d)(ii) of the Agreement).
Future Agreement. The City may, no later than one (1) year prior to the end of the Term, provide Notice to the Region that the City wishes to negotiate an agreement with the Region to Manage the Facilities for an additional period. If the Region (a) is satisfied with the performance of the City to the date of the Notice, and (b) does not intend to Manage the Facilities itself, the parties will commence negotiations for an agreement for an additional period. If the parties are unable to agree on the terms and conditions of a further agreement prior to six (6) months before expiry of the Term, neither party will have any obligation to continue negotiations and the Region may enter into any agreement with any person to Manage the Facilities. The City acknowledges and agrees that nothing herein confers any right of renewal or extension of this Agreement.
Future Agreement. The County and Property Appraiser will enter into an agreement regarding administration of the ▇▇▇▇▇ by the Property Appraiser for the County prior to January 5, 2021, as the County desires to continue to utilize the uniform method for non-ad valorem assessments.
Future Agreement. This Agreement comprises the entire agreement, oral ---------------- and written, between and among the released parties with regard to the subject matter of the Agreement. This Agreement may not be amended in any respect except by writing, duly executed by the released parties and/or the authorized representatives of the released parties.
Future Agreement. The parties acknowledge that the Agreement is not now fit for purpose, and agree that they will negotiate in good faith an updated management agreement with the aim of agreeing a set of terms that accurately reflects the relationship between the parties (“New Agreement”). The New Agreement shall be agreed and signed as soon as possible following the Variation Date and following the Council’s public consultation, which the Council plans to undertake during Financial Year 2026, and in any event, the parties intend, acting in good faith to agree to enter a New Agreement no later than 31st October 2025. If no New Agreement has been agreed by such date, the parties agree to set out a plan and timetable to ensure a New Agreement is signed as soon as practicable thereafter. The terms of the new management agreement will reflect the matters set out below.
Future Agreement. By mutual negotiation and agreement, the Supplier and Purchaser may enter into a future agreement for the supply of milk from the Supplier to the Purchaser.
Future Agreement. Should this Agreement expire in accordance with its ----------------- terms with the Employee within the employment of the Employer, the parties will renew this Agreement on terms and conditions similar to other employees of equal title and position within the Employer's organization.
Future Agreement. This Agreement and the Security Agreement embody the entire agreement and understanding between the parties hereto relating to the subject matter hereof and supersedes all prior agreements between such parties that relate to the subject matter, unless otherwise agreed to in writing by all parties.
Future Agreement. Though the parties anticipate the future approval of a rezone (Master Planned Community) on the Property if no agreement is reached the developer shall be authorized to develop the property under the current R4 zoning standards in effect on the date of this agreement with twenty (20) units to the acre. Provided that building heights shall not exceed 45’ and there remains at least 25% vegetative open space for the entire project and all exterior materials are a mixture of cementitious siding and/or brick or natural stone. Glass, metal, and vinyl are allowed for the windows and doors and any railing within the project. DOR shall be allowed to count the 6.6 acres sold for up to 10% of the landscaping requirement on DOR’s remaining property but shall still be required to provide at least 15% landscaping for each portion of development.