Common use of Negotiation in Good Faith Clause in Contracts

Negotiation in Good Faith. A. All participants shall deal with each other in good faith and shall promptly provide all relevant and reasonable information. Clients shall provide sworn statements of net worth and supporting documentation making full and fair disclosure of their income, assets and debts. B. By using an informal exchange of information and signed authorization forms, clients set aside certain procedures for the duration of the collaborative process including, but not limited to formal discovery proceedings, restraining orders and formal court hearings. C. Clients may seek an opinion from an attorney or other professional outside this process; the client doing so shall disclose to the participants that an outside opinion has been sought.

Appears in 2 contracts

Sources: Collaborative Law Participation Agreement, Collaborative Law Participation Agreement

Negotiation in Good Faith. A. All participants The clients and their attorneys shall deal with each other in good faith and shall promptly provide all relevant and reasonable information. Clients The clients shall provide sworn statements of net worth and supporting documentation making full and fair disclosure of their income, assets and debts. B. By using an informal exchange of information and signed authorization forms, the clients set are setting aside certain procedures for the duration of the collaborative process including, but not limited to formal discovery proceedings, restraining orders orders, and formal court hearings. C. Clients The clients may seek an opinion from an attorney or other professional outside this process; however, the client doing so shall disclose to the participants only that an outside opinion has been sought.

Appears in 1 contract

Sources: Collaborative Law Participation Agreement