Negotiation and Execution Clause Samples

The Negotiation and Execution clause outlines the process by which parties will discuss, finalize, and formally enter into an agreement. It typically specifies the steps required for negotiation, such as timelines for exchanging drafts or the need for good faith discussions, and details how the contract will be executed, including the manner and authority for signing. This clause ensures that both parties understand the procedural requirements for making the agreement legally binding, thereby reducing the risk of misunderstandings or disputes over how and when the contract becomes effective.
POPULAR SAMPLE Copied 6 times
Negotiation and Execution. The furnishing of this Lease by the Landlord to the prospective Tenant shall not be considered an offer to lease, even though completed in every respect, until and unless the document has been executed by the appropriate officers of Landlord. No correspondence or other communication respecting this Lease shall create any obligation to go forward with this Lease until the Lease document is fully completed and executed by both the Landlord and Tenant.
View SourceView Similar (7)
Negotiation and Execution. This DSA has been negotiated by both Parties and shall not be strictly construed against either Party. This DSA may be executed in one or more original or faxed counterparts, each of which shall be deemed an original, but all of which taken together shall constitute one and the same instrument. Each of the persons signing this DSA represents that he or she has the authority to sign on behalf of and bind their respective party.
View SourceView Similar (2)
Negotiation and Execution. It is specifically acknowledged by the parties that this Agreement is the result of substantive negotiations between the parties and that this Agreement has been executed and delivered by each of the parties upon the advice of independent legal counsel. It is understood and agreed that all parties shall be deemed to have prepared this Agreement in order to avoid any negative inference that might be drawn against the preparer thereof.
View SourceView Similar (6)
Negotiation and Execution. CDOT, the Owner and the Contractor shall promptly meet to resolve, through good faith negotiation, any comments or disagreements with respect to the contents of any Work Order. Upon negotiation and agreement as to the scope and the schedule of the Utility Relocation Plan and/or the construction of the Relocation, a Work Order shall be prepared by the Contractor. Each Work Order shall be signed by the Owner, the Contractor, then CDOT. No Work Order shall bind any party unless and until it executes that Work Order.
View SourceView Similar (2)
Negotiation and Execution. COMMERCIAL OFFICE LEASE THIS LEASE, made and entered into this 22 day of DECEMBER, 1998, by and between ULTILAND, LTD., a Florida limited partnership (hereinafter referred to as "Landlord") and ULTIMATE SOFTWARE GROUP, INC., a Delaware corporation (hereinafter referred to as "Tenant");
View SourceView Similar (2)
Negotiation and Execution. If the KRRC agrees to authorize the commencement of a portion of the Project Implementation Work under an Early Work Package Submittal, the Project Company and the KRRC shall negotiate and enter into an Early Work Package Amendment. An Early Work Package Amendment at a minimum shall incorporate and definitively address all of the items identified in subsection (B) (Early Work Package Submittals) of this Section, and shall contain any other commercial terms and conditions specific to the Early Work Package, including the rights of the KRRC to terminate the work being performed pursuant to the Early Work Package Amendment and the right of the KRRC to direct the Project Company to continue performance of the Early Work Package in the event the parties do not enter into a GMP Contract Amendment or a Project Implementation Contract Amendment. Early Work Packages may be structured in a manner that provides for the commencement of the related Project Implementation Work at any time determined by the parties.
View Source
Negotiation and Execution. If the City agrees to authorize the commencement of a portion of the Design-Build Work under an Early Work Package Submittal, the Design-Builder and the City shall negotiate and enter into an Early Work Package Amendment. An Early Work Package Amendment at a minimum shall incorporate and definitively address all of the items identified in subsection (B) of this Section, and shall contain any other commercial terms and conditions specific to the Early Work Package, including the rights of the City to terminate the work being performed pursuant to the Early Work Package Amendment and the right of the City to direct the Design-Builder to continue performance of the Early Work Package in the event the parties do not enter into a GMP Amendment. Early Work Packages may be structured in a manner that provides for the commencement of the related Design-Build Work at any time determined by the parties.
View Source
Negotiation and Execution. As soon as possible after the execution hereof, ARIAD and MERCK shall negotiate in good faith and enter into a supply agreement (the “Supply Agreement”) providing for the terms of Manufacture and supply of API by ARIAD and Product in tablet form by MERCK for the Collaboration in such form and substance as mutually agreed by the Parties. If it is determined pursuant to this Agreement to Develop and Commercialize Product in a form other than tablets, a separate supply agreement or an amendment to the Supply Agreement shall be negotiated for supply of such Product. The Parties agree that no Collaboration Compound or Product shall be sold by either Party for use in the Field until the Supply Agreement has been executed by the Parties. ARIAD shall be the Responsible Party for (i) supply of Clinical Product in tablet form until the Supply Agreement is executed and a Clinical Product Transfer has been completed and (ii) for supply of Clinical Product in any form other than tablets until an additional supply agreement or an amendment to the Supply Agreement has been executed. The Parties further agree that the definitions and other provisions of this Agreement concerning supply of Clinical Product shall not be precedent for the terms of the Supply Agreement.
View Source
Negotiation and Execution. The furnishing of this Lease to the Lessee by the Lessor shall not be considered an offer to lease, even though completed in every respect, until and unless the document has been executed by the appropriate officers of Lessor. No deposit of proposed rent or security deposit and no correspondence or other communication respecting this Lease shall create any obligation to go forward with this Lease until the Lease document is fully completed and executed by both the Lessor and Lessee. PARKING
View Source

Related to Negotiation and Execution

  • Authorization and Execution The execution, delivery and performance of this Agreement has been duly authorized by all necessary action on the part of such Purchaser, and, assuming due authorization, execution and delivery by the other parties hereto, this Agreement is a legal, valid and binding obligation of such Purchaser, enforceable against such Purchaser in accordance with its terms, except as enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting creditors’ rights generally or by general equitable principles.

  • Negotiation of Agreement Each of the parties acknowledges that it has been represented by independent counsel of its choice throughout all negotiations that have preceded the execution of this Agreement and that it has executed the same with consent and upon the advice of said independent counsel. Each party and its counsel cooperated in the drafting and preparation of this Agreement and the documents referred to herein, and any and all drafts relating thereto shall be deemed the work product of the parties and may not be construed against any party by reason of its preparation. Accordingly, any rule of law or any legal decision that would require interpretation of any ambiguities in this Agreement against the party that drafted it is of no application and is hereby expressly waived. The provisions of this Agreement shall be interpreted in a reasonable manner to effect the intentions of the parties and this Agreement.

  • Negotiation Notwithstanding Section 30.11.1, at the request of the Developer the ISO and Connecting Transmission Owner shall begin negotiations with the Developer concerning the LGIA and its appendices at any time after the Developer executes the Class Year Interconnection Facilities Study Agreement. The ISO, Connecting Transmission Owner and the Developer shall finalize the appendices and negotiate concerning any disputed provisions of the draft LGIA and its appendices subject to the six (6) month time limitation specified below in this Section 30.11.

  • Authorization, Execution and Delivery of this Agreement This Agreement has been duly authorized, executed and delivered by each of the Partnership Parties.

  • Preparation of Agreement The parties acknowledge that they have sought and obtained whatever competent advice and counsel as was necessary for them to form a full and complete understanding of all rights and obligations herein and that the preparation of this Agreement has been their joint effort. The language agreed to herein expresses their mutual intent and the resulting document shall not, solely as a matter of judicial construction, be construed more severely against one of the parties than the other.