Good Faith Negotiations definition

Good Faith Negotiations means to perform the mutual obligation of the public employer, by its representatives, and the representatives of its employees to negotiate in good faith at reasonable times and places with the intention of reaching an agreement or to resolve questions arising under the agreement. This includes executing a written contract incorporating the terms of any agreement reached. The obligation to bargain collectively does not mean that either party is compelled to agree to a proposal or does it require the making of a concession.
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Good Faith Negotiations means the successive, tiered negotiations of Disputed Work, each with increasing levels of documentation and substantiation, starting at the Project level and escalating to the Authorized Representative level, then the Executive level, prior to Contractor filing a Final Claim.
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Good Faith Negotiations means the mutual obligation of the Board and Association to meet at reasonable times and confer in good faith with respect to professional negotiations provided, however, that such obligation does not compel either party to agree to a proposal or require the making of a concession.
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Examples of Good Faith Negotiations in a sentence

  • Good Faith Negotiations are exemplified as replying in good conscience as to why a proposal is or is not acceptable.


More Definitions of Good Faith Negotiations

Good Faith Negotiations have been neither initiated nor waived, nor has the right to initiate such re-negotiations been compromised in any manner, pursuant to FERC Order No. 451 or any revisions thereof, or any orders predicated thereon, under any gas sale or purchase contract in effect on July 18, 1986 covering any of the Properties. None of the Properties is subject to any offer of take-or-pay credits for gas transported pursuant to FERC Order No. 500. None of the Properties have been abandoned under FERC Order No. 490 or any revisions thereof.
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Good Faith Negotiations. Each of the parties will act honestly, diligently and in good faith in their respective endeavors to negotiate, settle and execute the Definitive Agreement within [60] days following the execution of this Memorandum. Exclusive Opportunity: The Company and Smart Card each agree not to enter discussion, negotiations, arrangements or understandings with another third party without first consulting with each other prior to signing the ‘Definitive Agreement’. This excludes any third party already engaging with the Company.
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Good Faith Negotiations. Each of the parties will act honestly, diligently and in good faith in their respective endeavors to negotiate, settle and execute the Definitive Agreement within [60] days following the execution of this Memorandum.
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Good Faith Negotiations. Subject to the provisions of this Term Sheet, the parties shall negotiate in good faith toward the consummation of the Definitive Agreements. The parties will use good faith efforts to complete the negotiation of the Definitive Agreements on or before the Anticipated Closing Date. PDM will prepare the Definitive Agreements. Non-Solicitation and No-Shop Rule: Following the execution of this Term Sheet and as an inducement to PDM to execute this Term Sheet, conduct due diligence and negotiate the Definitive Agreements, until the earlier of (a) the Anticipated Closing Date, and (b) the date of the execution of the Definitive Agreements, and (c) the termination of this Term Sheet upon not less than five (5) days’ prior written notice from PDM to Golden Eagle (as applicable, the “Term Sheet Termination Date”) Golden Eagle will, and will cause the Sellers and its and their respective officers, directors, employees, representatives and agents to, cease any and all discussions related to the sale of the Mining Assets, the Joint Venture Assets and the Gold Bar Mill, whether through the sale of assets, stock, membership interests, merger, consolidation or otherwise. In addition, Golden Eagle shall not, and shall cause the Sellers and any of its and their respective directors, officers, employees, agents or representatives not to (a) solicit or encourage, directly or indirectly, any inquiries, discussions or proposals for, (b) continue, propose or enter into any discussions or negotiations looking toward or (c) enter into any agreement or understanding providing for, the disposition of the Mining Assets or the Gold Bar Mill, or any assets or business comprising the Mining Assets, the Joint Venture Assets or the Gold Bar Mill, whether through the sale of assets, stock, membership interests, merger, consolidation or otherwise; nor shall any of such persons or entities provide any information to any person (other than to PDM and its agents and representatives) for the purpose of evaluating or determining whether to make or pursue any inquiries or proposals with respect to any such transactions. Notwithstanding the foregoing, Sellers may entertain an Unsolicited Purchase Offer for the Gold Bar Mill, subject to Purchaser’s Right of First Refusal.
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Good Faith Negotiations require that the Union and the Board be willing to react to each other's proposals. If a proposal is unacceptable to one of the parties that party is obligated to give its reasons. "Good Faith" requires that both parties recognize negotiations as a shared process.
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Related to Good Faith Negotiations

  • Good Faith Effort means efforts to achieve a DBE goal or other requirement of this Special Provision which, by their scope, intensity, and appropriateness to the objective, can reasonably be expected to fulfill the program requirement.

  • Good Faith Efforts means actions undertaken by a bidder or contractor to achieve a Contract Specific Goal that the CPO or his or her designee has determined, by their scope, intensity, and appropriateness to the objective, can reasonably be expected to fulfill the program’s requirements.

  • good faith means that degree of diligence which a reasonable person would exercise in the performance of legal duties and obligations;

  • Competitive negotiation means a procedure for contracting for supplies, materials, equipment or contractual services, in which proposals are solicited from qualified suppliers by a request for proposals, and changes may be negotiated in proposals and prices after being submitted.

  • Negotiation means a transfer of possession, whether voluntary or involuntary, of an instrument by a person other than the issuer to a person who thereby becomes its holder.

  • Invitation to Negotiate means a written solicitation for competitive sealed replies to select one or more vendors with which to commence negotiations for the procurement of commodities or services.

  • Licensed Professional Engineer means a person acceptable to Buyer in its reasonable judgment who (a) is licensed to practice engineering in California, (b) has training and experience in the power industry specific to the technology of the Project, (c) has no economic relationship, association, or nexus with Seller or Buyer, other than to meet the obligations of Seller pursuant to this Agreement, (d) is not a representative of a consultant, engineer, contractor, designer or other individual involved in the development of the Project or of a manufacturer or supplier of any equipment installed at the Project, and (e) is licensed in an appropriate engineering discipline for the required certification being made.

  • Consultation means the good faith attempt by the Depositary to discuss, if practicable, the relevant issue in a timely manner with a person employed by the Company reasonably believed by the Depositary to be empowered by the Company to engage in such discussion on behalf of the Company.

  • Negotiate means the act of conferring directly with or offering advice directly to a purchaser or prospective purchaser of a particular contract of insurance concerning any of the substantive benefits, terms, or conditions of the contract, provided that the person engaged in that act either sells insurance or obtains insurance from insurers for purchasers.

  • Resolve and the correlative terms, “Resolved”, “Resolving” and “Resolution” each means that the Services are restored to a point where the Customer can perform their job. In some cases, this may only be a work around solution until the root cause of the Error or Unplanned Disruption is identified and corrected (the need for restoration of normal service supersedes the need to find the root cause of the incident).

  • Licensed professional means a professional registered in the Commonwealth of Virginia pursuant to Article 1 (§ 54.1-400 et seq.) of Chapter 4 of Title 54.1 of the Code of Virginia. For purposes of these Standards and Specifications a licensed professional is one that is certified by DPOR as an Architect, Professional Engineer, Land Surveyor, or Landscape Architects.

  • Collaborative practice means that a physician may delegate aspects of drug therapy management for the physician’s patients to an authorized pharmacist through a community practice protocol. “Collaborative practice” also means that a P&T committee may authorize hospital pharmacists to perform drug therapy management for inpatients and hospital clinic patients through a hospital practice protocol.

  • Initial Negotiation End Date has the meaning set forth in Section 12.2(a).

  • Uniform Standards of Professional Appraisal Practice means the current standards of the appraisal profession, developed for appraisers and users of appraisal services by the Appraisal Standards Board of the Appraisal Foundation.

  • professional diligence means the standard of skill and care that a Member would be reasonably expected to exercise towards a Client, commensurate with-

  • Collaborative practice agreement means a written agreement

  • Good means all of the equipment, machinery, and/or other materials that the supplier is required to supply to the purchaser under the contract.

  • Development Services “Target Market”; “Investment Areas”; and “Targeted Populations” have the meanings ascribed to such terms in 12 C.F.R. 1805.104.

  • Multiphase professional services contract means a contract for the providing of professional