Negotiation and Execution of Contracts Clause Samples

Negotiation and Execution of Contracts. Publisher shall have the sole right to negotiate and sign contracts with respect to the rights set forth in Sections 3(a) and 3(b); provided it has first consulted with Author; and provided further that its licensing costs, if any, shall not be deductible for purposes of computing Royalties or other amounts payable to Author under Section 8. In the event that three years after Publisher’s first publication of The Book Publisher has not exercised or entered into a license pertaining to the exercise of any of the rights set forth in Sections 3(b), such rights shall automatically revert to Author.
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Negotiation and Execution of Contracts. To negotiate, enter into, execute, acknowledge or amend agreements relating to the Transmission Line on behalf of the Partnership and the Partners, with the consent of the Partners as required by the Partnership Agreement. Except for services set forth in Sections 5.1 and 5.2 that Manager is to perform for its fixed fee, Manager shall not enter into any agreement, or amend, modify, or give waivers with respect thereto, pursuant to this Agreement with any party directly or indirectly controlling or controlled by, or under direct or indirect common control with, the Manager (a "Manager Affiliate"), except pursuant to an arms-length transaction at fair market terms and conditions and provided further that Manager shall disclose to the Partners the existence, terms and conditions of any such agreement and make available, at the request of any Partner, a copy of any such agreement. A Manager Affiliate shall mean with respect to the Manager any other person that directly or indirectly controls or is controlled by or is under common control with the person in question or who holds or beneficially owns 25% or more of the equity or beneficial interest in the specified person or 25% or more of any class of voting security of the specified person. For purposes of the definition of a Manager Affiliate, the term "control" (including the correlative meanings of the terms "controlled by" or "under common control with"), as used with respect to any party, shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such party, whether through the ownership of voting securities or by contract or otherwise.
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Related to Negotiation and Execution of Contracts

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

  • EXECUTION OF CONTRACT 20.1 Depending on the type of service provided, one of the following methods will be employed. The method applicable to this contract will be checked below: _ a. PURCHASE ORDER, unless otherwise noted. 1. This contract shall consist of a Lancaster County Purchase Order. 2. A copy of the Bidder’s bid response (or referenced bid number) attached and that the same, in all particulars, becomes the contract between the parties hereto: that both parties thereby accept and agree to the terms and conditions of said bid documents.

  • 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.

  • Authorization and Execution The execution, delivery and performance of this Agreement has been duly authorized by all necessary action on the part of such Purchaser, and, assuming due authorization, execution and delivery by the other parties hereto, this Agreement is a legal, valid and binding obligation of such Purchaser, enforceable against such Purchaser in accordance with its terms, except as enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting creditors’ rights generally or by general equitable principles.

  • 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.