Renegotiation of Terms Clause Samples
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Renegotiation of Terms. Following 12 months from the execution date of this Agreement, the Company and the Manager shall discuss the possibility to upgrade the Manger’s remuneration terms.
Renegotiation of Terms. 5.1 The Parties agree that BT shall, subject to Reuters’ prior written consent (not to be unreasonably withheld or delayed), be entitled to renegotiate the terms of a Novated Satellite Contract with the relevant service provider provided that the extent of the services and the service levels offered under any such amended agreement shall be no less or worse than those offered under the contract prior to such renegotiation.
5.2 BT shall, at Reuters’ request, provide to Reuters details of proposed amendments to the relevant Novated Satellite Contract, provided that it shall not be obliged to disclose details of any amendments into pricing provisions, and BT shall provide to Reuters copies of any agreed amendments (save in respect of amendments into pricing provisions).
Renegotiation of Terms. Notwithstanding anything to the contrary contained herein, either Party may require negotiations of one or more of the rates, prices, charges, terms and conditions of the services to be provided under this Agreement effective upon expiration of the Initial Term or any Renewal Term. Such negotiations shall be requested by delivery of written notice at least one hundred twenty (120) days prior to the expiration of such Initial Term or Renewal Term. In addition, if negotiations are required by a Party, the other Party may include as part of the negotiations any other rates, prices, charges, terms, and conditions of this Agreement which relate to those the other Party has requested be negotiated. If the Parties are unable to satisfactorily negotiate such new rates, prices, charges, terms or conditions within ninety (90) days of such written notice, the procedures set forth in Section 21.2.3 shall be followed.
Renegotiation of Terms. (a) The Parties agree to renegotiate the provisions of Section 6 of this Agreement in good faith in the event Cellegy shall exercise its right to cast a tie-breaking vote in accordance with the terms and conditions of Section 5 hereof and such vote is determined in good faith by Ventiv, pursuant to the provisions of Section 5 hereof, to have a Material Adverse Impact on the Economic Value, or in the event the Product receives any additional indications, including hemorrhoid indications.
(b) In the event of a Major Change in (i) Product Marketing Expenses, which results in a Material Adverse Impact on Economic Value or (ii) market conditions which results in a Material Adverse Impact on Economic Value, the Parties agree to renegotiate the provisions of Section 6 hereof in good faith in order to ensure that Ventiv and VFLLC continue to achieve, at a minimum, the Economic Value.
(c) In the event the Parties are unable to successfully renegotiate this Agreement within thirty (30) calendar days after a Party appropriately requests such renegotiation, then such failure to successfully renegotiate this Agreement shall be submitted to arbitration in accordance with Section 16 hereof.
Renegotiation of Terms. The parties agree as set forth on Schedule 9.3 with respect to renegotiation of terms.
Renegotiation of Terms. (a) The Borrower and A.I.D. agree to negotiate at such time or times as either may request, an acceleration
Renegotiation of Terms.
1. The Parties agree to renegotiate the terms in this Agreement (e.g. service levels, warranties, liability, termination), if the Service is no longer provided free of charge, cf. Clause 6.
Renegotiation of Terms. The Consultant's compensation and benefits under this Agreement shall be renegotiated on the first anniversary of the Effective Date.
Renegotiation of Terms. 10.4 Bankruptcy...................................................... 10.5
Renegotiation of Terms. Should the predicted usage amounts fluctuate during the term of this Agreement, and the fluctuation is expected to exist on a permanent or semi-permanent basis, then either Party may exercise the right to renegotiate the relevant terms of this Agreement. Any alterations to the terms must be clearly stated in writing and executed by authorized representatives of both Subscriber and Provider.