Renegotiation definition

Renegotiation means deliberation, discussion, or conference to change or amend the terms of an existing agreement.
Renegotiation means the satisfaction and replacement of an existing consumer lease by a new consumer lease between the same parties, including an assignee of the lessor. The term does not include a deferral or extension of any periodic lease pay- ments or portions thereof not exceeding 6 months in the aggregate, a satisfaction and replacement of a consumer lease involving a court proceeding or the settlement of a dispute, or any other action that does not constitute a renegotiation under the federal consumer leasing act.
Renegotiation. “renegotiate,” or “renegotiated” means a Contract amendment that provides for an increase in Salary and/or Unlikely Bonuses.

Examples of Renegotiation in a sentence

  • Renegotiation of price terms under such conditions must be mutual and both parties must agree on any changes in price terms.

  • If a Renegotiation Notice is properly given as aforesaid and the Fund and the Company shall fail, within sixty (60) days after the Renegotiation Date, either to enter into an amendment to this Agreement or a written acknowledgment that the Agreement shall continue in effect, this Agreement shall terminate as of the one hundred twentieth day after such Renegotiation Date.

  • Upon determination of a new Alternate Price, the Spot Price or Contract Price, as applicable, will be adjusted retroactively to the Renegotiation Date.

  • Thereupon, each party shall use its commercially reasonable efforts to negotiate in good faith to find a resolution on fees within 120 days following the Company’s receipt of the Renegotiation Proposal.

  • Changes that exceed ten (10) percent of each deliverable total funding amount will require a formal written amendment, as described in Section D., Renegotiation or Modification, of this Agreement.


More Definitions of Renegotiation

Renegotiation means any change in Salary or the terms under which such Salary is earned or paid, or any change regarding the Club’s right to trade the player, during the term of a Player Contract.
Renegotiation means a Contract amendment that provides for changes in Salary and/or Incentive Compensation.
Renegotiation means the satisfaction and re- placement of an existing consumer lease by a new con- sumer lease between the same parties, including an as- signee of the lessor. The term does not include a deferral or extension of any periodic lease payments or portions thereof not exceeding 6 months in the aggregate, a satis- faction and replacement of a consumer lease involving a court proceeding or the settlement of a dispute, or any
Renegotiation. If Customer's Usage Charges during the Term exceed Seventy Million Dollars ($70,000,000), then Customer may request that Customer and MCI WorldCom attempt to negotiate in good faith a mutually agreeable amendment to this Agreement that increases Customer's commitment and the discounts provided hereunder. In the event that the parties fail to agree on such an amendment, then *** the expiration of the Term *** by providing MCI WorldCom with thirty (30) days prior ***. *** CONVERSION FROM EXISTING MCI WORLDCOM TERM AGREEMENTS: If Customer meets the conditions stated under "Termination without Liability" in the Tariff, enrollment in this Agreement will cause an existing MCI or WTI term plan agreement for IXC private line services to terminate automatically without incurring Early Termination Charges. Termination and underutilization liability charges may apply if Customer is ineligible for conversion from existing MCI or WTI term plans without liability and/or all services are not converted.
Renegotiation has occurred when Rentrak and RJ execute a duly authorized licensing agreement that covers substantially the same subject matter as the Current Licensing Agreement but differs in some material respect from the Current Licensing Agreement.
Renegotiation means that both parties agree to alter the ini- tial contract to their mutual advantage; the initial contract is perfectly enforceable if any party wants it to be enforced.
Renegotiation means the process of renegotiating with the creditor in order to obtain a further hardship arrangement or apply to have broken arrangement re-approved by the creditor on similar terms. "Service" means any action that DAS will undertake or perform for the client under the Service Agreement, as specified or included in the Fee Schedule.