Common use of Negotiating Period Clause in Contracts

Negotiating Period. The Parties agree to negotiate diligently and in good faith for a two and one-half (2-1/2) year period (the “Negotiating Period”) commencing upon the Effective Date of this ENA (as such term is defined in Section 17), in order to agree upon a mutually acceptable Definitive Agreement. The Parties may extend the Negotiating Period for up to two (2) additional periods of sixty

Appears in 1 contract

Samples: Exclusive Negotiation Agreement

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Negotiating Period. The Parties agree to negotiate diligently and in good faith with one another for a two and one-half (2-1/2) year period (the “Negotiating Period”) commencing upon the Effective Date of this ENA (as such term is hereinafter defined in Section 17)) , in order to agree upon a mutually acceptable Definitive Agreement. The Parties may extend the Negotiating Period for up to two (2) additional periods of sixty.

Appears in 1 contract

Samples: Exclusive Negotiation Agreement

Negotiating Period. The Parties agree to negotiate diligently and in good faith with one another for a two and one-half one (2-1/21) year period (the “Negotiating Period”) commencing upon the Effective Date of this ENA (as such term is defined in Section 1716 hereof), in order to agree upon a mutually acceptable Definitive Agreement. The Parties may extend the Negotiating Period for up to two (2) additional periods of sixty.

Appears in 1 contract

Samples: Exclusive Negotiation Agreement

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Negotiating Period. The Parties agree to negotiate diligently and in good faith for a two and one-half (2-1/2) year period (the “Negotiating Period”) commencing upon the Effective Date of this ENA (as such term is hereinafter defined in Section 17), in order to agree upon a mutually acceptable Definitive Agreement. The Parties may extend the Negotiating Period for up to two (2) additional periods of sixtyshall be extended as follows:

Appears in 1 contract

Samples: Exclusive Negotiation Agreement

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