How is Tentative agreement defined in a legal contract?
- Tentative agreement means a written consensus reached between parties during mediation talks. Seen in 20 SEC filings
- Tentative agreement means when a decision on an item is finalized, a copy of the item is produced and signed by each team spokesperson. This agreement is subject to ratification by the parties. Seen in 9 SEC filings
- Tentative agreement means as items of negotiations are agreed upon, this agreement is reduced to writing and initialed by the designated representative of each team. Initialing does not denote final agreement but a preliminary understanding between the representatives until all items have been initialed. Exceptions are made by mutual agreement where initialed items of agreement are not submitted as unresolved problems in any deadlock or dispute resolution procedure(s). Seen in 7 SEC filings
- Tentative agreement means when a consensus is reached, each party's spokesperson initials the document and receives copies. The agreement is subject to ratification by the parties. Seen in 3 SEC filings
- Tentative agreement means items agreed on during bargaining are initialed by both parties and are not open to discussion or alteration for the duration of negotiations, unless by mutual agreement. Seen in 2 SEC filings
- Tentative agreement means reaching terms that are subject to approval by the Association and Adoption by the Board. Seen in 2 SEC Filings
- Tentative agreement means items agreed on by the parties are reduced to writing and signed by each party's chief negotiator at the session during which agreement is reached. Seen in 1 SEC filing
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
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Which definition should you use?
🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Tentative agreement means a written, preliminary consensus initialed by all parties during negotiations, subject to final ratification.
Relevant Contract Types
Relevant Circumstances
- Initial negotiations.
- Dispute resolution or mediation.
- Amending terms within an existing contract.
Relevant Sectors
Genie Definition 2
Tentative agreement means items agreed on during discussions, initialed by all parties, not changed until negotiations conclude unless by mutual agreement.
Relevant Contract Types
Relevant Circumstances
- Establishing business partnerships or joint ventures.
- Entering into licensing or franchising arrangements.
- Reaching non-binding agreements subject to further negotiation.
Relevant Sectors
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Tentative agreement means a written, preliminary consensus initialed by all parties during negotiations, subject to final ratification.
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