Negotiation of Term Sheet Clause Samples

Negotiation of Term Sheet. The Evaluation Team will rate each responsive Proposal based upon the Proposal Evaluation Factors in Section 4.2 of this Part Three. The Evaluation Team will then decide to tentatively designate a Selected Developer, subject to the approval of WMATA’s Board of Directors. The WMATA Project manager will commence negotiation of a Term Sheet. If negotiations are unsuccessful in WMATA’s opinion, WMATA staff may terminate negotiations and commence negotiations with another Developer. Alternatively, WMATA staff may decide upon competitive negotiations with two or more acceptable Developers or WMATA staff may decide to cancel this Joint Development Solicitation with respect to the applicable Joint Development Site.
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Related to Negotiation of Term Sheet

  • Integration of Terms Except as otherwise provided in this Agreement, this Agreement contains the entire agreement between the parties relating to the subject matter hereof and supersedes any and all oral statements and prior writings with respect thereto.

  • CLARIFICATION OF TERMS If any prospective offeror has questions about the specifications or other solicitation documents, the prospective offeror should contact the buyer whose name appears on the face of the solicitation no later than five working days before the due date. Any revisions to the solicitation will be made only by addendum issued by the buyer.

  • Modification of Terms; etc No Pledgor shall rescind or cancel any obligations evidenced by any Receivable or modify any term thereof or make any adjustment with respect thereto except in the ordinary course of business consistent with prudent business practice, or extend or renew any such obligations except in the ordinary course of business consistent with prudent business practice or compromise or settle any dispute, claim, suit or legal proceeding relating thereto or sell any Receivable or interest therein except in the ordinary course of business consistent with prudent business practice without the prior written consent of the Collateral Agent. Each Pledgor shall timely fulfill all obligations on its part to be fulfilled under or in connection with the Receivables.

  • Construction of Terms If any provision of this Agreement is held unenforceable by a court of competent jurisdiction, that provision shall be severed and shall not affect the validity or enforceability of the remaining provisions.

  • Variation of Terms All terms and any variations thereof shall be deemed to refer to masculine, feminine, or neuter, singular or plural, as the identity of the Person or Persons may require.