Mutual trust Sample Clauses
The mutual trust clause establishes an obligation for both parties to act honestly and in good faith towards each other throughout the duration of their agreement. In practice, this means that neither party should mislead, deceive, or undermine the other, and both are expected to cooperate and communicate openly to fulfill the contract’s objectives. This clause is essential for fostering a collaborative relationship, reducing the risk of disputes, and ensuring that both parties can rely on each other’s representations and commitments.
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Mutual trust. Trust is a necessary condition for effective partnerships (▇▇▇▇▇▇▇ 2009: 697). Projects that rely on joint ventures between two or more actors need not only to ensure trust but also each part has to be trustworthy. This suggests that when partnership is born out of, or created through a positive social capital engagement, it is likely to expect positive outcomes. For partnering to be effective, there must be transparency leading to trust, whereby there is honesty and openness without hidden agendas, and there must be perceived mutual benefit for the partners. ▇▇▇▇▇▇, ▇▇▇-▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇, ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ (2011: 1070) regard trust as the decision to rely on another party (i.e. person, group or firm) under a condition of relational risk with the expectation of, at least, a neutral, if not a positive, outcome. Trust can also be regarded as a psychological state comprising the intention to accept vulnerability based upon positive expectations of the intentions or behaviour of another (▇▇▇▇▇ 2000: 72). According to ▇▇▇▇▇▇▇▇▇▇▇▇-▇▇▇▇▇▇▇ (2010: 510), the partnering relationship should be based on trust, dedication to common goals and understanding each other's individual expectations and values. Trust, according to ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ (2004: 161), is the willingness to rely on an exchange partner in whom one has confidence. Creating trust among organisations is a basic requirement for them to quickly join their efforts in the dynamic formation of a goal- oriented collaborative network, in order to respond to market opportunities, and thus commit themselves to the established collaboration. Trust and commitment, according to ▇▇▇▇ and ▇▇▇ (2008: 225), are pre-requisites for successful partnering. Mutual trust is the confidence of partners that the other will behave in a predictable manner without acting against the partner. Building open, trust-based relationships is the key to successful partnership development (▇▇▇▇ and ▇▇▇ 2008: 223). Trust may not be present at the beginning, but needs to be cultivated over time. If it cannot be established or is lost, the partnership is unlikely to be sustainable. Trust between two organisations dynamically evolves over time. Partnering parties need to understand that once a partnership arrangement is entered into, a hybrid organizational culture will emerge. The partnering parties open their information, knowledge and assets to their partners. Trust, according to ▇▇-▇▇▇▇▇▇ (2012: 7), is decisive for continu...
Mutual trust uib gmbh will handle informations given by the opsi partner confidentially, unless expressly declared for publication.
Mutual trust. A party shall not conduct itself in its dealings with the other and third Parties in a manner that will destroy or seriously damage the relationship of trust and confidence between the Parties and thereby detrimentally prejudice the interests of the other party. The Firm shall through its best endeavours and in all its dealings, protect the reputation, image and interests of the Fund.
Mutual trust. In entering into this Agreement, Atlantic and PTML recognize that it is impractical to make provision for every contingency and accordingly Atlantic and PTML hereby declare it to be their intention that this Agreement will operate between them with fairness and without detriment to the interests of either of them and if in the course of performance of this Agreement unfairness to any party is disclosed or anticipated then Atlantic and PTML will use their best endeavours to agree upon such action as may be necessary and equitable to remove the cause or causes of the same.
Mutual trust. 14.1 In entering this MoA, the parties recognize that it is impracticable to make provision for every contingency that may arise and that both parties hereby declare it is to be the intention of the parties that is MoA to operate between them with fairness and without determent to the interest of either party.
14.2 Matters not specifically provided herein shall be decided in good faith through mutual consultation and sincerity between the parties hereto.
14.3 The parties herein agree to use their best endeavor to ensure the success of the MoA in the spirit it is entered into.
Mutual trust. In entering into this Agreement the Parties hereto recognise that it is impracticable to make provisions for every contingency that may arise in the course of performance hereof and accordingly the Parties hereto hereby declare it to be their intention that this Agreement shall operate between them with fairness and without detriment to either Party and if in the course of performance of this Agreement any unfairness to any Party is disclosed or anticipated the Parties hereto shall use their best endeavours to negotiate in good faith and agree upon such action as may be necessary and equitable to remove the cause or causes for the same provided however, that no modification or amendment of this Agreement and no waiver of any of the terms and conditions hereof shall be valid unless made in writing and signed by the Parties hereto. [The rest of this page is left blank intentionally.]
Mutual trust the opsi partner declares to • use all material, information and access to information systems provided by uib gmbh for activities in connection with this contract only. This is non- transferable. • inform uib gmbh immediately about contract relevant or forthcoming changes regarding the conditions and requirements the application as an opsi partner is based on. • inform uib gmbh about activities and results from leads forwarded by uib gmbh. • inform uib gmbh regarding the continuous qualification as a certified opsi partner. This especially means to inform uib gmbh about employees or co- workers leaving the company, which the opsi certification is based on.
Mutual trust. My therapist and I are entering into this contract in a trusting manner. I need to trust that my therapist has made a commitment to work with me and will actually be available as per the terms and conditions of this contract. Similarly, my therapist needs to trust that I will maintain my commitment to the terms of this contract. Each party is responsible for maintaining that trust.
Mutual trust. Recognizing that building and maintaining trust can be achieved by sharing information, jointly developing effective communication methods and delivering on commitments;