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Terms are negotiated sectorwide in talks that resemble American-style collective bargaining.
Typically, these terms are negotiated once before the contract is signed and are seldom changed thereafter, such that contracts are rather static and inflexible.
Despite the rising revenue, critics have complained that while abatements need the approval of the City Council, they are only presented to the full council after terms are negotiated privately by developers and members of the Schundler administration.
The Social Democrats have insisted on a simpler and potentially much faster route, with an application for entry within weeks, and a single referendum on whatever terms are negotiated.
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Commercial leases, therefore, continue to use traditional forms, with the terms being negotiated between the parties.
Logically, you'd think the deal would be dead in the water since the terms were negotiated last April, when a barrel of Brent fetched $65.
Under the terms being negotiated, Interbrew would buy a controlling interest in AmBev through the company's controlling shareholder, the executives said.
Greece received the first of its three bailouts six years ago, when the terms were negotiated in the weekend following Britain's general election.
The European Union wants to ensure that Portugal's main factions have signed off on the terms being negotiated now, so that it does not have to renegotiate after a new government is chosen in the general elections June 5.
Under the terms being negotiated, the New York Stock Exchange - which began in 1792 when brokers gathered beneath a buttonwood tree in Lower Manhattan to trade five securities of the new nation - would still have a headquarters in Manhattan.
The dividend question did not arise when the deal's terms were negotiated last summer, according to an executive close to the discussions, and emerged only recently after it became clear that Deutsche Telekom wanted to delay the transaction.
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CEO of Professional Science Editing for Scientists @ prosciediting.com