The phrase "a renegotiation clause" is correct and usable in written English.
It can be used in legal or contractual contexts to refer to a provision that allows for the terms of an agreement to be renegotiated under certain conditions.
Example: "The contract includes a renegotiation clause that permits either party to request changes to the terms after one year."
Alternatives: "a revision clause" or "a modification clause".
In a statement, EMI reassured investors that Moody's action "has no impact on EMI's liquidity, which remains strong, nor does it trigger any renegotiation clauses or advance repayments of bank credit lines". Any bond rating below "investment grade" is considered junk, or higher risk.
"The Nafta agreement has an inbuilt annual renegotiation clause, so there is the potential for the president to secure changes to tariffs with Canada and Mexico without throwing out the whole thing," she says.
However, most of the SPL's commercial deals have an exit or renegotiation clause should one of the Old Firm be absent.
Swanson asked the panelists their thoughts on current NAFTA demands: a five-year sunset renegotiation clause, agricultural protections for American-grown produce and high tariffs on foreign-produced automobiles.
"It's just unfortunate that they chose to jump ahead before the city council had a chance to see the recommendation". The Chargers argue the city has had months to discuss the issue with them, and that the team needed to exercise the renegotiation clause to get talks underway.
"We exercised the renegotiation clause because our goal is to pick up where the task force left off -- to begin talks with you to find a way to unlock the potential of the existing stadium site to better serve the interests of our entire community," Spanos wrote in a letter to city officials.
2. In a renegotiation case a contractor must pursue its administrative remedy under the Renegotiation Act and cannot through resort to preliminary litigation over an FOIA claim obtain judicial interference with the procedures set forth in the Renegotiation Act.
Last July, Mauritania netted the EU's biggest fish payout ever: $700 million over six years, with a clause allowing for a renegotiation after two years.
But if there is such a renegotiation, expect the merger agreement to strip out any material adverse change clause.
However, a clause in the agreement forces signatory nations to wait at least four years before withdrawing, and a renegotiation simply will not happen.
That is called a renegotiation signing bonus.
