THE BASIC AGREEMENT Clause Samples

The Basic Agreement clause establishes the foundational terms and conditions that govern the overall relationship between the parties involved in a contract. It typically outlines the general obligations, rights, and expectations of each party, serving as the framework upon which more specific provisions are built. For example, it may specify the scope of the agreement, the duration, and the general responsibilities of each side. The core function of this clause is to provide a clear and mutual understanding of the essential elements of the contractual relationship, ensuring both parties are aligned before addressing more detailed or specialized terms.
THE BASIC AGREEMENT. A. The Union and the City will jointly support the mission as defined in Article 1, and associated objectives and goals. The Union and the City agree to establish and maintain a Joint Labor/Management Committee, consisting of up to five Union representatives appointed by the Union and up to five City representatives appointed by the City. Meetings of this committee may be conducted at the request of either party and participants shall be known ahead of time. Meetings shall be informal and for the mutual exchange of ideas and problem solving. The purpose of this Committee is to provide a forum for the ongoing discussion of matters of interest to either party. Provided however, the Committee is not to be used as a substitute for formal negotiations. The Committee will not discuss any concerns which the Union or City assert must be taken through the established channels of authority but will refer these matters first through the proper channels. No decisions in this forum shall supersede any provisions of the contract unless formally ratified by the Union and the City. B. There will be no terminations without just cause. There will be no lockouts, strikes, slowdowns, or other interruptions of work. The parties will pursue productive flexibility in the design and staffing of jobs and services. C. If the City decides to contract out bargaining unit work not previously contracted out, which would result in the layoff of regular employees in the bargaining unit, then the City will comply with the following procedures: 1. The City shall inform the Union President and Staff Representative of its intention to contract out. 2. The Union President or Staff Representative will give the City notification within ten (10) business days of its desire to negotiate the effects of the said contracting out. 3. The Union and the City shall negotiate in good faith on these issues. 4. If, thirty (30) calendar days after the request from the Union, the City still decides to go ahead with the decision to contract out the work, it may do so. 5. The parties shall continue to negotiate and seek resolution of any effects/issues which have not yet been resolved at that time. 6. If the City decides to contract out the work resulting in a layoff, the layoff shall be based strictly on seniority within the impacted work group. Layoffs shall be in accordance with Article 11.
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THE BASIC AGREEMENT. ACTUATE and Actuate B.V. shall enter into a basic agreement, dated the same date as this Agreement, relating to the formation and operations of the Operating Companies, a copy of which is attached as ANNEX 1 (the "Basic Agreement"). Unless otherwise defined herein, the terms used herein shall have the same meaning as in the Basic Agreement, but the Basic Agreement shall not be considered as a part of this Agreement.
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Related to THE BASIC AGREEMENT

  • of the Basic Agreement Section 5.02 of the Basic Agreement shall be amended, with respect to the Applicable Trust, by (i) replacing the phrase “of the Note Documents and of this Agreement” set forth in paragraph (b) thereof with the phrase “of the Note Documents, of the NPA and of this Agreement” and (ii) replacing the phrase “of this Agreement and any Note Document” set forth in the last paragraph of Section 5.02 with the phrase “of this Agreement, the NPA and any Note Document”.

  • Basic Agreement The COUNTY agrees to sell, and the PURCHASER agrees to purchase, all timber as designated herein, located on the sale area. PURCHASER shall complete the timber sale in accordance with the specifications of this contract. The location of this project is shown in the Prospectus. The PURCHASER shall furnish all materials unless otherwise indicated. Ownership of timber passes to PURCHASER when tree is severed. PURCHASER shall be responsible for the success of operations, under the full terms of the contract, at the price bid.

  • Basic Agreement Ratified Except and so far as herein expressly provided, all of the provisions, terms and conditions of the Basic Agreement are in all respects ratified and confirmed; and the Basic Agreement and this Trust Supplement shall be taken, read and construed as one and the same instrument. All replacements of provisions of, and other modifications of the Basic Agreement set forth in this Trust Supplement are solely with respect to the Applicable Trust.

  • of the Base Indenture The Issuers shall notify the Trustee in writing of the amount of defaulted interest proposed to be paid on each Note and the date of the proposed payment. The Issuers shall fix or cause to be fixed each such special record date and payment date; provided that no such special record date shall be less than 10 days prior to the related payment date for such defaulted interest. At least 15 days before the special record date, the Issuers (or, upon the written request of the Issuers, the Trustee in the name and at the expense of the Issuers) shall mail or cause to be mailed to Holders a notice that states the special record date, the related payment date and the amount of such interest to be paid.

  • Section 13—Original The Guarantor represents and warrants that: (a) it is duly organized and validly existing under the laws of the jurisdiction in which it was organized and has the power and authority to execute, deliver, and perform this Guaranty; (b) no authorization, approval, consent or order of, or registration or filing with, any court or other governmental body having jurisdiction over the Guarantor is required on the part of the Guarantor for the execution, delivery and performance of this Guaranty except for those already made or obtained; (c) this Guaranty constitutes a valid and legally binding agreement of the Guarantor, and is enforceable against the Guarantor in accordance with its terms; and (d) the execution, delivery and performance of this Guaranty by the Guarantor have been and remain duly authorized by all necessary corporate or comparable action and do not contravene any provision of its constituent documents or any law, regulation or contractual restriction binding on it or its assets.