Common use of Negotiation in Good Faith Clause in Contracts

Negotiation in Good Faith. The Parties and their lawyers agree to deal with each other in good faith and to promptly provide all necessary and reasonable information requested. No formal discovery procedures will be used unless specifically agreed to in advance by the parties. The Parties acknowledge that by using informal discovery, they are giving up certain rights, for the duration of the Collaborative Law Process, including the right to formal discovery, formal court hearings, restraining orders and other procedures provided by the adversarial legal system. They give up these measures with the specific understanding that both Parties make full and fair disclosure of all assets, income, debts and other information. The Parties acknowledge that participation in the Collaborative Law Process, and the settlement reached, is based upon the assumption that both Parties have acted in good faith and have provided complete and accurate information to the best of their ability. The Parties agree to provide sworn statements making full and fair disclosure of their income, assets and debts, if requested.

Appears in 6 contracts

Samples: Collaborative Law Participation Agreement, Collaborative Law Participation Agreement, Participation Agreement

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Negotiation in Good Faith. The Parties and their lawyers Lawyers agree to deal with each other in good faith and to provide promptly provide all necessary and reasonable information requested. No formal discovery procedures will be used unless specifically agreed to in advance by the partiesParties. The Parties acknowledge that by using informal discovery, they are giving up certain rights, rights for the duration of the Collaborative Law Processcollaborative law process, including the right to formal discovery, formal court hearings, restraining orders orders, and other procedures provided by the adversarial legal system. They give up these measures with the specific understanding that both Parties make full and fair disclosure of all assets, income, debts debts, and other information. The Parties acknowledge that participation in the Collaborative Law Processcollaborative law process, and the settlement reached, is based upon the assumption that both Parties have acted in good faith and have provided complete and accurate information to the best of their ability. The Parties agree to provide sworn statements making full and fair disclosure of their income, assets and debts, if requested.

Appears in 1 contract

Samples: clearwaylaw.com

Negotiation in Good Faith. The Parties and their lawyers agree to deal with each other in good faith and to promptly provide all necessary and reasonable information requested. No formal discovery procedures will be used unless specifically agreed to in advance by the partiesParties. The Parties acknowledge that by using informal discovery, they are giving up certain rights, for the duration of the Collaborative Law Process, including the right to formal discovery, formal court hearings, restraining orders and other procedures provided by the adversarial legal system. They give up these measures with the specific understanding that both Parties make full and fair disclosure disclosures of all assets, income, debts debts, and other information. The Parties acknowledge that participation in the Collaborative Law Process, and the settlement reached, is based upon the assumption that both Parties have acted in good faith and have provided complete and accurate information to the best of their ability. The Parties agree to provide sworn statements making full and fair disclosure of if their income, income assets and debts, debts if requested.

Appears in 1 contract

Samples: Collaborative Law Participation Agreement

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Negotiation in Good Faith. The Parties and their lawyers Lawyers agree to deal with each other in good faith and to provide promptly provide all necessary and reasonable information requested. No formal discovery procedures will be used unless specifically agreed to in advance by the partiesParties. The Parties acknowledge that by using informal discovery, they are giving up certain rights, rights for the duration of the Collaborative Law Process, including the right to formal discovery, formal court Court hearings, restraining orders orders, and other procedures provided by the adversarial legal system. They give up these measures with the specific understanding that both Parties make full and fair disclosure of all assets, income, debts debts, and other information. The Parties acknowledge that participation in the Collaborative Law Process, and the settlement reached, is based upon the assumption that both Parties have acted in good faith and have provided complete and accurate information to the best of their ability. The Parties agree to provide sworn statements making full and fair disclosure of their income, assets and debts, if requested.

Appears in 1 contract

Samples: Collaborative Law Participation Agreement

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