active negotiation definition
active negotiation means that (a) a letter of intent has been signed by the parties, (b) a draft (or drafts) of the proposed lease has been prepared and (c) the parties are still discussing the remaining open issues.
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Related to active negotiation
Competitive negotiation means a procedure for contracting for supplies, materials, equipment or contractual services, in which proposals are solicited from qualified suppliers by a request for proposals, and changes may be negotiated in proposals and prices after being submitted.
Active NFFE means any NFFE that meets any of the following criteria:
Initial Negotiation End Date has the meaning set forth in Section 12.2(a).
Negotiation Period has the meaning given in Clause 5.10;
Active duty means full-time duty status in the active, uniformed services of the United States, including without limitation members of The National Guard and Reserve on active duty orders under 10 U.S.C. §§ 1209 and 1210.