Negotiating Period definition

Negotiating Period. If either party hereto does not agree that the Further Programme(s) should be contracted on a fixed price, non budgeted basis or the parties have agreed to contract on a fixed price, non budgeted basis but failed to agree what the Channel 4 Licence Fee should be then the Producer shall then have a period of 2 months from receipt of the Recommission Notice to prepare and submit a full budget for such Further Programme(s). The Channel 4 Licence Fee for such Further Programme(s) shall thereafter be negotiated in good faith for up to three months commencing on the date a full budget is received by Channel 4 (“the Negotiating Period”). The Channel 4 Licence Fee negotiations shall take into account (where relevant) the price paid for the preceding Programme(s), the number of programmes being commissioned in comparison to the previous series, cast breakages (Channel 4 will expect ongoing options to be negotiated with cast/talent as appropriate), union rates, increases in national insurance and RPI. If, on expiry of the Negotiating Period, a price has not been agreed it may be extended by either side in writing in exceptional circumstances to allow for a further 3 months bona fide negotiations. Finally, on expiry of the Negotiating Period or extension, taking into account the factors above and provided that both parties have acted reasonably and have negotiated in good faith the Producer shall then be entitled to start to exploit Further Programme(s) in the Territory 12 months after expiry of the Negotiating Period or extension. All such periods referred to above may be extended by mutual agreement between Channel 4 and the Producer if it is necessary to wait for the availability of talent.

Negotiating Period as used herein shall include any extensions of such Negotiating Period pursuant to this Section 1. If a Definitive Agreement acceptable to the Parties is executed and submitted by Brookfield to Agency within the Negotiating Period, then the term of the Negotiating Period and this ENA shall automatically be extended for a period of forty-five (45) days from the date of such submittal to enable the Agency’s staff to take and coordinate the actions necessary to bring such Definitive Agreement before the Governing Board of the Agency and the City Council of the City for consideration, action, and authorization to execute if approved by such entities.

Negotiating Period see Section 3.3.

Examples of Negotiating Period in a sentence

• If the parties fail to resolve the dispute between them during the Negotiating Period the parties may refer the same to a mutually agreed mediator for non- binding mediation.

• To facilitate negotiation of the DDA, the Parties shall use reasonable good faith efforts to accomplish the tasks set forth in this Article 2 in a timeframe that will support negotiation and execution of a mutually acceptable DDA prior to the expiration of the Negotiating Period.

• To facilitate negotiation of the DA, the Parties shall use reasonable, good faith efforts to accomplish the tasks set forth in this Article 2 in a timeframe that will support negotiation and execution of a mutually acceptable DA prior to the expiration of the Negotiating Period.

• If Channel 4 and the Format Distributor do not agree terms within the Exclusive Negotiating Period the Format Distributor shall not be entitled to discuss terms for the Changed Format Programme(s) with a third party until 10 days after the expiry of the Exclusive Negotiating Period.

• During the Negotiating Period, the Parties shall use good faith efforts to accomplish the respective tasks outlined in Article 2 to facilitate the negotiation of a mutually satisfactory DDA.

More Definitions of Negotiating Period

Negotiating Period shall have the meaning set forth in Section 7.1 of this Agreement.

Negotiating Period has the meaning set forth in Section 3.2.

Negotiating Period shall have the meaning set forth in Section 15.3.4.

Negotiating Period means the time period during which SOLECTRON and WAVECOM will negotiate in good faith the Definitive Agreements which shall state the terms and conditions of the provision by SOLECTRON of worldwide Manufacturing and Services for the Products from the Effective Date until [...] or the date on which the Parties enter into all the Definitive Agreements, whichever is the latest,

Negotiating Period has the meaning set forth in Section 26.2.

Negotiating Period shall have the meaning set forth in Section 7(b).

Negotiating Period has the meaning specified in Section 17.02.