Negotiation and Directed Changes Sample Clauses

Negotiation and Directed Changes. 16.1.4.1 Following IFA’s receipt of Developer’s detailed assessment and of such further assessment by IFA and its consultants of the cost, schedule and other impacts of the proposed IFA Change, IFA and Developer, giving due consideration to such assessments, shall exercise good faith efforts to negotiate a mutually acceptable Change Order, including (a) adjustment of the Project Schedule and Project Schedule Deadlines, and either (b) if applicable, any Compensation Amount to which Developer is entitled, and the timing and method for payment of any Compensation Amount (in accordance with Section 15.4.5 with respect to Extra Work Costs and Delay Costs, if any) or (c) if applicable, any net cost savings and schedule savings to which IFA is entitled under Section 16.1.6 and the timing and method for realizing such cost savings.
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Negotiation and Directed Changes. 14.1.4.1 Following KYTC’s receipt of DBT’s response to the Request for Change Proposal and of such further assessment by KYTC and its consultants of the cost, schedule, and other impacts of the proposed KYTC-Directed Change, if KYTC decides, in its sole discretion, to proceed with the proposed KYTC- Directed Change, KYTC and DBT shall exercise Good Faith Efforts to negotiate a mutually acceptable Change Order, including: (a) if applicable, adjustment of the Completion Deadlines; and (b) either (i) if applicable, any Extra Work Costs to which DBT is entitled, and the timing and method for payment of any Extra Work Costs) or (ii) if applicable, any net cost savings and schedule savings to which KYTC is entitled and the timing and method for realizing such cost savings.

Related to Negotiation and Directed Changes

  • CONSULTATION AND DISPUTE RESOLUTION 1. The Parties shall promptly consult, at the request of either of them, on any question arising out of the interpretation or application of this Agreement. Any disputes concerning the interpretation or application of this agreement shall be settled by friendly consultations between the Parties.

  • NEGOTIATIONS PROCEDURE Table of Contents

  • Complaints and Dispute Resolution 16.1 Where a dispute arises in connection with any aspect of this Agreement, the parties acting with good faith, will use all reasonable endeavours to bring any such issue to the attention of the other party in a timely fashion and in any event within 60 days of any such dispute coming to their attention.

  • Alternative to Litigation 13.2.1 The Parties desire to resolve disputes arising out of this Agreement without litigation. Accordingly, the Parties agree to use the following Dispute Resolution procedures with respect to any controversy or claim arising out of or relating to this Agreement or its breach.

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