Common use of Understanding of Parties Clause in Contracts

Understanding of Parties. This agreement incorporates the entire understanding of the parties on all matters which were or could have been the subject of negotiation. Reopening of negotiations to consider any modification of this Agreement shall be made only by mutual consent of both parties. Any such modification shall be effective only when agreed to in writing and duly executed by both parties.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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Understanding of Parties. This agreement incorporates the entire understanding of the parties on all matters matters, which were or could have been the subject of negotiation. Reopening of negotiations to consider any modification of this Agreement shall be made only by mutual consent of both parties. Any such modification shall be effective only when agreed to in writing and duly executed by both parties.

Appears in 1 contract

Samples: Agreement

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