Contract Renegotiations Clause Samples

The Contract Renegotiations clause establishes the process and conditions under which the parties may revisit and modify the terms of their agreement. Typically, this clause outlines triggers for renegotiation, such as significant changes in law, market conditions, or unforeseen circumstances, and may specify timelines or procedures for initiating discussions. Its core function is to provide a structured mechanism for adapting the contract to changing circumstances, thereby reducing the risk of disputes and ensuring the agreement remains fair and relevant over time.
Contract Renegotiations. A good faith effort will be made to complete renegotiation of the center’s current contract within eight weeks following the date of expiration of the contract; the current contract will remain in effect until the new contract is completed. By mutual consent of Small Faces and the Union, the contract may be opened for renegotiation at any time.

Related to Contract Renegotiations

  • Contract Renewal The Contract is hereby renewed for a period of one (1) year, with a new expiration date of June 8, 2021, under the same terms and conditions.

  • Renegotiation The contract may be renegotiated at any time by the parties, based upon appropriate and reasonable changes in circumstances upon which the original terms of the contract were based.

  • Contract Revisions Notwithstanding Contract Exhibit C, Special Contract Conditions section 6.9, the following types of revisions can be made to the Contract without a formal Contract amendment, upon written notice: Revisions by the Contractor: 1) Contractor’s Information and Contacts 2) Contractor’s Contract Manager Revisions by the Department: 1) Department’s Contract Manager 2) Department’s Quarterly Sales Report (Contract Exhibit J) 3) Contractor Performance Survey (Contract Exhibit I) Contract Exhibit C, Special Contract Conditions section 6.9, applies to all other modifications to the Contract.

  • CONTRACT RENEWAL PERIOD FURNITURE ADDITIONS/DELETIONS: Contractors wishing to make furniture additions/changes to their contract during the contract period should be aware of the following additions/changes will be allowed only once during a contract period. No changes to discount percentages are allowed during this contract period. Additions/changes must be submitted during the contract renewal period. When requesting additions and/or changes; contractor shall submit a request either by letter or via email which shall include a list of all items being proposed for addition and/or change. Contractor shall submit all required documents supporting any new items. Product literature for all new items shall also be submitted with the request. Contractor is responsible for submitting a complete name, address, email address, phone and fax numbers when a new dealer is added.

  • 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.