Common use of Successor Negotiations Clause in Contracts

Successor Negotiations. 18.5.1. Any proposal for a successor Agreement shall be submitted no later than ninety (90) calendar days prior to expiration of this Agreement. 18.5.2. If either party submits a proposal, the other shall have thirty (30) calendar days from receipt of the proposal to submit a counterproposal. In the absence of mutual agreement, negotiations shall commence within thirty

Appears in 6 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Successor Negotiations. 18.5.1. Any 1) Either party may submit an initial proposal for a successor Agreement agreement. Any such proposal shall be submitted no later than ninety (90) calendar days prior to the expiration of this Agreementdate. 18.5.2. 2) If either party submits a proposalproposal pursuant to above, the other shall have thirty (30) calendar days from receipt of the proposal to submit a counterproposal. In the absence of mutual agreement, negotiations shall commence within thirtytwenty

Appears in 4 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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