What does APC mean in SPORTS
The Active Participation Clause (APC) is a contractual agreement between two or more parties where each party agrees to actively participate in the negotiations of new areas of the contract. This clause is typically found in contracts for services, work or rent.
APC meaning in Sports in Sports
APC mostly used in an acronym Sports in Category Sports that means Active Participation Clause
Shorthand: APC,
Full Form: Active Participation Clause
For more information of "Active Participation Clause", see the section below.
Essential Questions and Answers on Active Participation Clause in "SPORTS»SPORTS"
What does an Active Participation Clause do?
An Active Participation Clause requires both parties to actively engage in negotiations when making changes to their contract.
Who usually agrees to an Active Participation Clause?
An Active Participation Clause is most commonly agreed to by two or more parties involved in a service, work or rental contract.
When is an Active Participation Clause used?
An Active Participation Clause is typically used when one party wants to make changes to a particular section of the contract and both parties agree that this change should be negotiated.
Are there any conditions associated with the Active Participation Clause?
Yes, the conditions for an Active Participation Clause require that both parties undertake negotiations in good faith and meet certain deadlines for completion of the revisions.
What happens if one party fails to abide by the terms of the Active Participation Clause?
If one party fails to abide by the terms of the active participation clause, it could result in legal action being taken against them.
Final Words:
Overall, if a service, work or rental contract include an APC clause then all parties are legally bound to negotiate any changes made to their contract actively and in good faith. This ensures that all amendments are mutually beneficial and well protected under law.
APC also stands for: |
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All stands for APC |