BATNA definition

BATNA means the Best Alternative to a Negotiated Agreement, and refers to what is the most feasible step for a party to take, if the Parties fail to reach an agreement.
BATNA means to the Best Alternative to a Negotiated Agreement, and refers to the best thing a Party can do, without the consent of the other Party, if the Parties fail to reach an agreement.

Examples of BATNA in a sentence

  • The value of a person's BATNA is always relative to the possible settlements available in the current negotiation, and the possibilities within a given negotiation are heavily influenced by the nature of the interdependence between the parties.

  • Identify your best alternative to a negotiated agreement (BATNA).

  • It is likely that networks form because, in negotia- tion parlance, each participant has a weak BATNA: The participants cannot accomplish their goals acting alone.

  • Also, determine whether you can worsen their BATNA (for example, through punitive sanctions or other measures), but think through clearly the costs and benefits of doing so.

  • Sometimes a BATNA is so undesirable, the network participant really has no choice but to negotiate.

  • To identify your BATNA and that of the other party, you should take into account three crucial variables: power, time, and information (Cohen, 1991, 50).

  • Nevertheless, it is important to determine as accurately as possible the BATNA of each network member.

  • If the service pro- vider desires a continuing relationship with the agency, its BATNA is not going to be as desirable as negotiating.

  • You may believe you will execute your BATNA, but unless the opposite also believes your BATNA’s credibility, it is useless.

  • For BATNA, see ROGER FISHER & WILLIAM URY, GETTING TO YES 97-106 (3d ed.

Related to BATNA

  • ECO ECO Resources, Inc., a Texas corporation. ---

  • RSMML or “COMPANY” shall mean “Rajasthan State Mines & Minerals Limited,” having its registered office at C - 89-90, Lal Kothi Scheme, Jaipur (Rajasthan) 302 015, and Corporate Office at 4, Meera Marg, Udaipur (Rajasthan) including its successors in office and assignees or its representatives authorized to act on its behalf for the purpose of contract.

  • Pioneer or the "Company" means Pioneer Natural Resources Company and its subsidiaries.

  • Crown means the government of the United Kingdom (including the Northern Ireland Assembly and Executive Committee, the Scottish Executive and the National Assembly for Wales), including, but not limited to, government ministers and government departments and particular bodies, persons, commissions or agencies from time to time carrying out functions on its behalf;

  • AMC means Annual Maintenance Contract

  • Constellation has the meaning assigned to that term in the Recitals.

  • DTS means Days to Settlement, i.e., the number of actual days elapsed from and including the original Closing Day with respect to such Accepted Note (in the case of the first such payment with respect to such Accepted Note) or from and including the date of the next preceding payment (in the case of any subsequent delayed delivery fee payment with respect to such Accepted Note) to but excluding the date of such payment; and "PA" means Principal Amount, i.e., the principal amount of the Accepted Note for which such calculation is being made. In no case shall the Delayed Delivery Fee be less than zero. Nothing contained herein shall obligate any Purchaser to purchase any Accepted Note on any day other than the Closing Day for such Accepted Note, as the same may be rescheduled from time to time in compliance with paragraph 2B(7).

  • snippet means with respect to any Material Contract, a consent and agreement in favor of the Term Loan Collateral Agent (for the benefit of the Secured Parties) in substantially the form attached hereto as Exhibit F or otherwise in form and substance reasonably satisfactory to the Term Loan Collateral Agent and the Administrative Agent.","hash":"b253905eac2329f4ce5deee359573d97","id":7},{"snippetLinks":[{"key":"the-consent","type":"clause","offset":[6,17]},{"key":"dated-as-of","type":"definition","offset": [32,43]},{"key":"march","type":"clause","offset":[44,49]},{"key":"the-bank","type":"clause","offset":[72,80]},{"key":"sumitomo","type":"definition","offset":[87,95]},{"key":"heavy","type":"clause","offset":[96,101]},{"key":"industries","type":"clause","offset":[102,112]},{"key":"ltd","type":"clause","offset":[114,117]},{"key":"solely-for-purposes-of- section","type":"clause","offset":[120,150]},{"key":"borrower-and","type":"clause","offset":[173,185]},{"key":"certain","type":"clause","offset":[186,193]},{"key":"subsidiaries","type":"clause","offset":[208,220]}],"samples":[{"uri":"/contracts/8I1kKDYnIWF#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/ef30eXHgcuS#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/dwF8yXcI2kh#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21}],"size":6,"snippet":"means the Consent and Agreement dated as of March 30, 2009 by and among the Bank, SEN, Sumitomo Heavy Industries, Ltd. (solely for purposes of Section 2(b) thereunder), the Borrower and certain of Borrower’s Subsidiaries named therein.","hash":"e15b2264efd3078b83ce802817c2631f","id":8},{"snippetLinks":[{"key":"a-consent","type":"clause","offset":[6,15]},

  • BAT means Best Available Techniques, as defined in Regulation 3 of the PPC Regulations.

  • MTS means the San Diego Metropolitan Transit System, a public agency created pursuant to Public Utilities Code Section 120050 et seq.

  • Quadriplegia means total Paralysis of both upper and lower limbs. “Hemiplegia” means total Paralysis of the upper and lower limbs on one side of the body. “Uniplegia” means total Paralysis of one lower limb or one upper limb. “Paraplegia” means total Paralysis of both lower limbs or both upper limbs. “Paralysis” means total loss of use. A Doctor must determine the loss of use to be complete and not reversible at the time the claim is submitted.

  • GT means grams per tonne.

  • SBS means the New York City Department of Small Business Services.

  • We/Us/Our means TATA AIG General Insurance Company Limited.

  • AASHTO means the American Association of State Highway and Transportation Officials.

  • MSL means an altitude expressed in feet measured from Mean Sea Level.

  • biofuels means liquid or gaseous fuel for transport produced from biomass;

  • SHCP means Secretaría de Hacienda y Crédito Público, the Borrower’s Ministry of Finance and Public Credit.

  • hostel means a place of residence for the students of the University, or its colleges, institutions and study centers, established or recognized to be as such by the University;

  • SAI means Statement of Additional Information.

  • Forest means an area of land defined by the minimum values for area size, tree crown cover or an equivalent stocking level, and potential tree height at maturity at the place of growth of the trees as specified for each Member State in Annex II. It includes areas with trees, including groups of growing, young, natural trees, or plantations that have yet to reach the minimum values for tree crown cover or an equivalent stocking level or minimum tree height as specified in Annex II, including any area that normally forms part of the forest area but on which there are temporarily no trees as a result of human intervention, such as harvesting, or as a result of natural causes, but which area can be expected to revert to forest;

  • Associate Company means any other Company, in which the Company has a significant influence, but which is not a Subsidiary Company of the Company having such influence and includes a joint venture company.

  • Hemiplegia means the permanent Paralysis and functional loss of use of upper and lower limbs on the same side of the body.

  • TELRIC means Total Element Long-Run Incremental Cost.

  • Summer means the season commencing on May 1 and ending on October 31 for any given calendar year.

  • Energy Star means the U.S. EPA’s energy efficiency product labeling program.