Common use of Overspends Clause in Contracts

Overspends. Whenever an overspend is projected in the Pooled and/or Non-Pooled Funds the Authorities shall agree how to manage the overspend and shall keep the position under review. The Authorities shall act in good faith and in a reasonable manner in agreeing the management of the overspend.

Appears in 4 contracts

Samples: Collaboration Agreement, Collaboration Agreement, Collaboration Agreement

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