Period of Negotiation Sample Clauses

Period of Negotiation. During the thirty calendar days following the exchange of proposals, the parties shall bargain in good faith and make every reasonable effort to reach an agreement. Negotiations on salaries and economic benefits may not commence until agreement on the previous year's salaries and economic benefits has been concluded.
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Period of Negotiation. A. The Parties agree to negotiate in good faith for a period of two (2) years from the Effective Date (''Negotiation Period"). If the Parties have not executed the Ground Leases, Project Agreement, and obtained necessary government approvals by the end of the Negotiation Period, then this Agreement shall automatically terminate, provided, however, that the Parties may, at their sole discretion, mutually agree to extend the term of this Agreement for an additional period of up to one (1) year, subject to approval by the NSD Board of Directors.
Sample 1
Period of Negotiation. The Parties agree to negotiate in good faith for a period of one-hundred eighty (180) days from the Effective Date (“Expiration Date”), as defined in Section 14 hereof (“Negotiation Period”). If the Parties have not executed the JDA by such date, then this Agreement shall automatically terminate, provided, however, that the Parties may mutually agree to extend the term of this Agreement for an additional period of up to six months, subject to MTA Board approvals. If the Parties cannot agree upon such an extension, this Agreement shall automatically terminate upon the Expiration Date. This Agreement may also be terminated if the Parties agree in writing that a successful consummation of the negotiations is impossible and shall be terminated in the event that one or more of the proposed product types—retail, residential and civic facilities are eliminated from the project. The Negotiation Period may be extended only by written agreement between the Parties and no other act or failure to act by the MTA or any of its Representatives shall result in an extension of the Negotiation Period. Upon termination of this Agreement, any interest that DEVELOPER may have hereunder shall cease and the MTA shall have the right to thereafter develop or dispose of the Site as it shall determine appropriate in its sole discretion.
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Related to Period of Negotiation

  • Completion of Negotiations Upon the completion of negotiations between the respective negotiations teams, the Agreement shall be reduced to writing and shall be submitted first to the members of the Association and then to the Board for ratification.

  • Period of Agreement This Agreement shall start on _, 20 (“Effective Date”), and end on , 20_ _, at 12:00 midnight (“Listing Period”), unless the expiration date is extended in writing.

  • Scope of Negotiations The obligation to bargain collectively means to negotiate at reasonable times and to execute a written contract incorporating the terms of any agreement reached. The obligation to bargain collectively does not require the Board and the Association to agree to a proposal nor does it require the making of a concession. Those matters, which are negotiable, are: wages, hours, terms and other conditions of employment and the continuation, modification, or deletion of an existing provision of this Agreement.

  • WAIVER OF NEGOTIATIONS The Board and Union acknowledge that during negotiations resulting in this Agreement, each party had the right and opportunity to make demands and proposals with respect to any matter and that this Agreement was arrived at by the parties after the exercise of that right and opportunity. The Board and the Union shall voluntarily waive, during the life of this Agreement said rights and each agrees that the other shall not be obligated to negotiate with respect to any subject or matter irrespective of whether such matters or subject is specifically referred to or covered in this agreement, even though such subject or matter may not have been within the knowledge or contemplation of either or both parties at the time negotiations were being conducted or at the time the party signed this Agreement.

  • Lunch Period Employees who work five (5) hours or more shall be granted a thirty (30) minute, duty-free, uninterrupted lunch period, which may or may not be during the normal lunch hours.

  • CONCLUSION OF NEGOTIATIONS A. The State and MSEA-SEIU agree that this Agreement concludes all collective negotiations during its term. Neither party will during the term of this Agreement seek to unilaterally modify its terms through legislation or other means which may be available to them.

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