Willingness Clause Samples

A 'willingness' clause defines a party's readiness or agreement to undertake certain actions or obligations within a contract. Typically, this clause outlines the specific conditions or circumstances under which a party expresses its intent to proceed, such as being willing to negotiate, enter into an agreement, or perform a particular duty. By clearly stating the parties' intentions, the clause helps prevent misunderstandings and ensures that all parties are aware of each other's commitment levels, thereby facilitating smoother negotiations and contract execution.
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Willingness of the City to accept this purchase price is based upon the Buyer's pledge to develop a "warehouse conversion" project including development of condominium space for both residential, "live-work" (live and work in the same unit), and commercial office/retail light commercial use.
Willingness and Ability -- Typically the mortgagor(s) reason for default is temporary and a foreseeable solution is probable. The standard options negotiated, ranked in priority are: