Right to Negotiate definition

Right to Negotiate means the right to negotiate set out in subdivision P of the Native Title Act;

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Right to Negotiate means the procedure described by Part 2, Division 3, Subdivision P of the NTA [Native Title Act 1993 (Cth)] Clause 5.1 The NLC and the native title parties consent to the doing of the Agreed Action, whether or not the Agreed Action is a future act. Clause 7.1 The parties agree that this agreement:

Right to Negotiate. The premises known as ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ is presently subject to a lease that expires on March 31, 2001, which lease provides that the lessee may extend the term for an additional five year period by providing written notice to Lessor on or before November 30, 2000. Subject to Lessor's approval of Lessee's financial condition as of the date of Lessor's Notice and provided further that Lessee is not in default or ever has been in default in accordance with paragraph 39 under the Lease and as described below, Lessee shall have the first right to negotiate ("First Right to Negotiate") for the lease of the 14,025 square feet known as 1980 Tarob ("Expansion Space" - see attached Exhibit "B") upon expiration or earlier termination of the existing lease for the Expansion Space. Lessor shall provide written notice to Lessee specifying the terms and conditions of a lease for the Expansion Space ("Lessor's Notice") as soon as reasonably possible. Lessee may either (i) accept the terms and conditions contained within Lessor's Notice by providing written notice to Lessor ("Lessee's Notice") within five (5) days after Lessee's receipt of Lessor's Notice, or (ii) attempt to agree with Lessor on such other terms and conditions that may be acceptable to Lessor and Lessee within ten (10) days after Lessee's receipt of Lessor's Notice. In the event (i) Lessee and Lessor have not agreed to such terms and conditions prior to the expiration of such periods, or (ii) Lessee and Lessor have not fully executed a lease for the Expansion Space within thirty (30) days after Lessee's receipt of Lessor's Notice, then Lessee's First Right to Negotiate shall be null and void.

Examples of Right to Negotiate in a sentence

The County hereby grants to ▇▇▇▇▇▇▇ the Exclusive Right to Negotiate with respect to the Project Site.
To the extent that any of the future acts referred to in clauses 5.2, 5.3 and 5.4 would, apart from the effects of this Agreement, attract the Right to Negotiate, then to that extent the Right to Negotiate does not apply to those acts, with the intent that such statement satisfies the requirement of section 24EB(1)(c) of the NT Act.
The consideration for the Exclusive Right to Negotiate granted to ▇▇▇▇▇▇▇ shall be ▇▇▇▇▇▇▇’▇ provision to County copies of all plans, studies, drawings, engineering plans, and related documents that pertain to the Project Site within forty-five (45) days of ▇▇▇▇▇▇▇'▇ receipt of same.
In the event Lessor and Lessee cannot mutually agree on specific terms and execute a Lease Agreement on or before October 31,1997, the First Right to Negotiate will terminate and be of no force or effect with Lessor being free to Lease the property to another party.
The consideration for the Exclusive Right to Negotiate granted to ▇▇▇▇▇▇▇ shall be ▇▇▇▇▇▇▇’▇ provision to County copies of all plans, studies, drawings, engineering plans, and related documents that pertain to the Project Site within forty-five (45) days of Durrett's receipt of same.
Tenant acknowledges and confirms that its Right to Negotiate under Section 2.4 of the Original Lease remains subject and subordinate to the existing rights of MIT.
Right to Negotiate does not apply For the purpose of section 24EB(1)(c) of the NTA, the RTN [the right to negotiate] is not intended to apply and does not apply to any Future Act subject to a Consent or the No Challenge Obligation.
If Optionee does not enter into a contract of sale and close on a sale of the Property to an unrelated third party within the Open Period and/or the Open Period Extension, then Optionor’s Right to Negotiate Purchase shall again apply on all of the terms above provided.
Section 26D(2)(c) of the NTA provides that if the parties to the Section 31 agreement so provide in the relevant agreement, the terms of Subdivision P (Right to Negotiate) will not apply to 'later acts' (eg grants of production licences).
And 'future acts' have always been permitted by the Act in specified circumstances.3 The 'Right to Negotiate' In regard to proposed uses of land, certain types of 'future acts' attract the 'right to negotiate' provisions of the Act.4 Here the Act requires parties (including registered native title claimants) to attempt to reach a negotiated agreement.

More Definitions of Right to Negotiate

Right to Negotiate means the statutory obligations contained in Subdivision P Division 3 Part 2 of the NTA.

Right to Negotiate means the right to negotiate set out in subdivision P of the Native Title Act; ‘Scouting Team’ means the persons referred to in clause 15; ‘Seismic Line Access Corridor’ means a corridor of up to 50 metres on each side

Right to Negotiate means the right to negotiate procedure under and for the purposes of Subdivision P of Division 3 of Part 2 of the Native Title Act, commonly known as the 'right to negotiate'.