Topic: Evergreen Clause
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Answers to Common Questions
What is the evergreen clause in the current contract?
According to our current contract, which expires July 31, as long as management and the Guild continue good-faith negotiations after the contract expires, the terms of the contract continue. Read More »
Source: http://www.minnpost.com/davidbrauer/2008/06/11/2206/so_whats_the_...
What Is an “Evergreen Renewal Clause” in a Lease?
Lessees often negotiate leases that allow an extension or renewal of the original term of the lease. Various types of renewal rights exist, such as a fair market renewal option. A fair market renewal option typically requires a determinatio... Read More »
Source: http://www.pattonboggsblfn.com/blfn_2008_02/
