Common use of ORAL AGREEMENTS Clause in Contracts

ORAL AGREEMENTS. Any oral arrange- ment that meets the criteria discussed in paragraphs (a)(1)–(4) of this section is an international agreement and, pur- suant to section (a) of the Act, must be reduced to writing by the agency that concluded the oral arrangement. In such written form, the arrangement is subject to all the requirements of the Act and of this part. Whenever a ques- tion arises whether an oral arrange- ment constitutes an international agreement, the arrangement shall be reduced to writing and the decision made in accordance with § 181.3.

Appears in 6 contracts

Samples: International Agreement, International Agreement, International Agreement

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