Exclusive Negotiation Agreement
First it allows both sides to signal that they believe a zone of possible agreement or zopa exists.
Exclusive negotiation agreement. 2 1171043 any obligation on the part of the city or the developer to enter into any agreement that may result from the negotiations contemplated herein. 9786872 this exclusive negotiating rights agreement this agreement is entered into effective as of 2007 effective date by and between the redevelopment agency of the. 4 sonnenblick to any activities or costs to develop the site or construct the development except for the preliminary analysis and negotiations contemplated by this agreement. Outside attorneys fees appraisers title reports and other third party costs as needed to complete negotiations.
To facilitate negotiation of the agreement the parties shall use reasonable good faith efforts to accomplish the tasks set forth in this article 3 in a timeframe that will support achievement of these goals. For purposes hereof confidentiality non disclosure and exclusive negotiation agreement shall mean that certain confidentiality non disclosure and exclusive negotiation agreement dated as of december 10 2009 as amended by and between parent and the company. Agreement on the matters described herein and do not intend to be bound nntil a final written dda is executed by both parties. Exclusive negotiation agreement 3 date of this agreement for costs such as but not limited to.
The exclusive negotiation agreement also provides for the consideration of lease and contract operation options in the event that the acquisition of all or part of the west covina system is not feasible. An exclusive negotiation period can facilitate deals in several different ways.
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