Contract Negotiation and Execution Sample Clauses

The Contract Negotiation and Execution clause outlines the procedures and requirements for how parties will discuss, finalize, and formally enter into a binding agreement. It typically specifies the steps for negotiating terms, the authority of representatives involved, and the methods by which the contract will be signed—such as in writing, electronically, or in counterparts. This clause ensures that both parties clearly understand the process for reaching a final agreement, reducing the risk of misunderstandings or disputes about whether a contract has been validly formed.
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Contract Negotiation and Execution. The Operator shall select firm(s) to serve in various capacities in connection with the development and construction of the East Bank Regional System, including, without limitation, general contractor, various architects and engineers, and other professionals and consultants (the “Consultants”). The Operator shall negotiate and execute contracts and other agreements with such Consultants (hereinafter referred to as “Contracts and Subcontracts”). The general contractor selected by the Operator to perform the development and construction of the East Bank Regional System shall be a licensed contractor with sufficient qualifications and experience constructing projects of similar size and scope within budget and on schedule.
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Contract Negotiation and Execution. Group hereby appoints Service Company as its true and lawful attorney-in-fact to negotiate and execute on its behalf any and all documents and agreements deemed necessary by Service Company in carrying out Service Company’s responsibilities under this Agreement, and Service Company accepts such appointment; provided, however, that nothing in this Agreement apparently to the contrary authorizes Service Company to execute employment agreements or independent contractor agreements with Providers on behalf of Group.
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Related to Contract Negotiation and Execution

  • Contract Negotiations Where operational requirements permit, and on reasonable notice, the Employer shall grant special leave with pay for not more than two (2) representatives of each bargaining unit for the purpose of attending contract negotiation meetings with the Employer on behalf of the Union. Such permission shall not be unreasonably withheld.

  • Execution of Agreement The HSP represents and warrants that: (a) it has the full power and authority to enter into this Agreement; and (b) it has taken all necessary actions to authorize the execution of this Agreement.

  • Negotiation of Agreement Each of the parties acknowledges that it has been represented by independent counsel of its choice throughout all negotiations that have preceded the execution of this Agreement and that it has executed the same with consent and upon the advice of said independent counsel. Each party and its counsel cooperated in the drafting and preparation of this Agreement and the documents referred to herein, and any and all drafts relating thereto shall be deemed the work product of the parties and may not be construed against any party by reason of its preparation. Accordingly, any rule of law or any legal decision that would require interpretation of any ambiguities in this Agreement against the party that drafted it is of no application and is hereby expressly waived. The provisions of this Agreement shall be interpreted in a reasonable manner to effect the intentions of the parties and this Agreement.

  • Execution and Effect of Agreement Buyer has the requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder, and the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby and the performance of Buyer’s obligations hereunder have been duly authorized by all necessary corporate action on the part of Buyer. This Agreement has been duly executed and delivered by Buyer and constitutes the legal, valid and binding obligation of Buyer, enforceable against it in accordance with its terms, subject to the Enforceability Exceptions.

  • Execution of Agreements The Purchasers shall have executed this Agreement and delivered this Agreement to the Company.