Concurring Party Clause Samples
The Concurring Party clause defines the role and obligations of a party whose agreement or approval is required for certain actions or decisions under a contract. Typically, this clause outlines the specific circumstances in which the concurring party's consent is necessary, such as amendments to the agreement, assignment of rights, or major operational changes. By clearly identifying when and how a party's concurrence is needed, this clause ensures that critical decisions cannot be made unilaterally, thereby protecting the interests of all involved parties and promoting collaborative decision-making.
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Concurring Party. As of the effective date of this Amendment, the BLM is no longer a signatory party but shall be considered a concurring party for the purposes of providing, at the request of NRC, advice and technical assistance to the NRC in the course of NRC’s carrying out its responsibilities under the PA. The BLM may acknowledge its status as a concurring party by signing under “Concurring Party” below.
Concurring Party is a consulting party that does not have a particular responsibility under the PA 13 and has been invited to concur with the stipulations of the PA. A Concurring Party can sign at any
Concurring Party. Any of the concerned group of stakeholders who participated in the development of this Agreement, who were afforded an opportunity to sign the Agreement, and who participate in consultations on specific undertakings as stipulated in the Agreement.
Concurring Party. The BLM authorized officer may invite other consulting parties to concur. A consulting party invited to concur has no responsibility under the agreement, but may be invited to sign the agreement as a Concurring Party. The refusal of any Concurring Party invited to sign a MOA or PA does not invalidate that MOA or PA.
Concurring Party. Any party that participates in the development of the agreement and is asked to show their approval of the end product through a concurring signature. Concurring parties do not have the right to terminate the agreement. The process of seeking, discussing, and considering the views of other participants, and where feasible, seeking agreement with them regarding matters arising in the Section 106 process (36 CFR 800.16(f)). Consulting parties are all the parties formally involved in the consultation process related to the development of the agreement and Section 106 consultation.
Concurring Party. A party who signs this Agreement, but is not legally or financially responsible for completion of stipulations. Concurring Parties may volunteer to assist with implementation of stipulations and may propose amendments to the PA; however, Concurring Parties cannot terminate the Agreement. Amendments proposed by Concurring Parties may be considered at the discretion of the Signatories.