Common use of Mutual Commitment to Good Faith Negotiations Clause in Contracts

Mutual Commitment to Good Faith Negotiations. Good faith negotiations requires a free and open exchange of views by the parties involved in the negotiations; therefore, both parties agree to meet at reasonable times and places to negotiate in a good faith effort to reach agreement in accordance with Chapter 20 of the Iowa Code. Articles tentatively agreed to shall be initialed by each party, and shall be set aside subject to ratification of the agreement.

Mutual Commitment to Good Faith Negotiations. Good faith negotiations requires require a free and open exchange of views by the parties involved in the negotiations; therefore, both parties agree to meet at reasonable times and places to negotiate in a good faith effort to reach agreement in accordance with Chapter 20 of the Iowa Code. Articles tentatively agreed to shall be initialed by each party, party and dated and shall be set aside subject to ratification of the agreement.

Mutual Commitment to Good Faith Negotiations. Good faith negotiations requires require a free and open exchange of views by the parties involved in the negotiations; therefore, therefore both parties agree to meet at reasonable times and places to negotiate in a good faith effort to reach agreement in accordance with Chapter 20 of the Iowa Code. Articles tentatively agreed to shall be initialed by each party, party and dated and shall be set aside subject to ratification of the agreement.