Good faith negotiations definition

Good faith negotiations means to perform the mutual obligation of the public employer, by its representatives, and the representatives of its employees to negotiate in good faith at reasonable times and places with the intention of reaching an agreement or to resolve questions arising under the agreement. This includes executing a written contract incorporating the terms of any agreement reached. The obligation to bargain collectively does not mean that either party is compelled to agree to a proposal or does it require the making of a concession.

Good faith negotiations means the mutual obligation of the Board and Association to meet at reasonable times and confer in good faith with respect to professional negotiations provided, however, that such obligation does not compel either party to agree to a proposal or require the making of a concession.

Good faith negotiations have been neither initiated nor waived, nor has the right to initiate such re-negotiations been compromised in any manner, pursuant to FERC Order No. 451 or any revisions thereof, or any orders predicated thereon, under any gas sale or purchase contract in effect on July 18, 1986 covering any of the Properties. None of the Properties is subject to any offer of take-or-pay credits for gas transported pursuant to FERC Order No. 500. None of the Properties have been abandoned under FERC Order No. 490 or any revisions thereof.

Examples of Good faith negotiations in a sentence

• Good faith negotiations for such acquisitions must occur prior to institution of eminent domain procedures.

• Good faith negotiations for such acquisition must occur prior to institution of eminent domain procedures.

• Good faith negotiations cannot require Agreement, but may necessitate compromise on issues rather than on principles.

• Good faith negotiations require a free and open exchange of views by the parties involved in the negotiations; therefore, both parties agree to meet at reasonable times and places to negotiate in a good faith effort to reach agreement in accordance with Chapter 20 of the Iowa Code.

• Good faith negotiations appear to have been the norm, although there are numerous reports of large demands for rapid settlement.

• Good faith negotiations shall be conducted in two stages, with the second stage being triggered only if first stage negotiations do not result in a resolution of the dispute.

• Good faith negotiations require a free and open exchange of views by both parties.

• Adding, relocating, or removing a site.(2) Good faith negotiations.

• Good faith negotiations for such acquisitions must occur before the institution of eminent domain procedures.

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More Definitions of Good faith negotiations

Good faith negotiations. Each of the parties will act honestly, diligently and in good faith in their respective endeavors to negotiate, settle and execute the Definitive Agreement within [60] days following the execution of this Memorandum. Exclusive Opportunity: The Company agrees not to enter discussion, negotiations, arrangements or understandings with another third party without first consulting with SmartCard prior to signing the 'Definitive Agreement'. This excludes any third party already engaging with the Company.

Good faith negotiations require that the Union and the Board be willing to react to each other's proposals. If a proposal is unacceptable to one of the parties that party is obligated to give its reasons. "Good Faith" requires that both parties recognize negotiations as a shared process.

Good faith negotiations means the successive, tiered negotiations of Disputed Work, each with increasing levels of documentation and substantiation, starting at the Project level and escalating to the Authorized Representative level, then the Executive level, prior to Contractor filing a Final Claim.

Good faith negotiations. Each of the parties will act honestly, diligently and in good faith in their respective endeavors to negotiate, settle and execute the Definitive Agreement within [60] days following the execution of this Memorandum.

Good faith negotiations. Subject to the provisions of this Term Sheet, the parties shall negotiate in good faith toward the consummation of the Definitive Agreements. The parties will use good faith efforts to complete the negotiation of the Definitive Agreements on or before the Anticipated Closing Date. PDM will prepare the Definitive Agreements. Non-Solicitation and No-Shop Rule: Following the execution of this Term Sheet and as an inducement to PDM to execute this Term Sheet, conduct due diligence and negotiate the Definitive Agreements, until the earlier of (a) the Anticipated Closing Date, and (b) the date of the execution of the Definitive Agreements, and (c) the termination of this Term Sheet upon not less than five (5) days’ prior written notice from PDM to Golden Eagle (as applicable, the “Term Sheet Termination Date”) Golden Eagle will, and will cause the Sellers and its and their respective officers, directors, employees, representatives and agents to, cease any and all discussions related to the sale of the Mining Assets, the Joint Venture Assets and the Gold Bar Mill, whether through the sale of assets, stock, membership interests, merger, consolidation or otherwise. In addition, Golden Eagle shall not, and shall cause the Sellers and any of its and their respective directors, officers, employees, agents or representatives not to (a) solicit or encourage, directly or indirectly, any inquiries, discussions or proposals for, (b) continue, propose or enter into any discussions or negotiations looking toward or (c) enter into any agreement or understanding providing for, the disposition of the Mining Assets or the Gold Bar Mill, or any assets or business comprising the Mining Assets, the Joint Venture Assets or the Gold Bar Mill, whether through the sale of assets, stock, membership interests, merger, consolidation or otherwise; nor shall any of such persons or entities provide any information to any person (other than to PDM and its agents and representatives) for the purpose of evaluating or determining whether to make or pursue any inquiries or proposals with respect to any such transactions. Notwithstanding the foregoing, Sellers may entertain an Unsolicited Purchase Offer for the Gold Bar Mill, subject to Purchaser’s Right of First Refusal.