Manner of exercise clause: Copy, customize, and use instantly
Introduction
A manner of exercise clause defines how certain rights or responsibilities should be executed or exercised under the terms of an agreement. It specifies the processes, timelines, or conditions that must be followed to ensure that the rights or actions within the agreement are properly carried out. This clause is often used to provide clarity and structure to the performance of obligations or rights granted within the contract.
Below are templates for manner of exercise clauses tailored to different scenarios. Copy, customize, and insert them into your agreement.
Standard manner of exercise clause
This variation applies to general rights or obligations.
The rights or obligations of each party under this agreement shall be exercised in accordance with the following manner: [Outline of how the right or obligation must be exercised]. All actions related to the exercise of such rights or obligations must be performed in good faith and in accordance with applicable laws.
Manner of exercise clause with timeline specification
This variation applies when a timeline is necessary for exercising rights or obligations.
The rights or obligations under this agreement shall be exercised within [number] days from the date of [specific event, e.g., receipt of notice]. Failure to exercise the rights within the specified period shall result in the forfeiture of such rights unless otherwise agreed upon by both parties.
Manner of exercise clause with written notice requirement
This variation applies when written notice is required for exercise.
In order to exercise any rights under this agreement, the party seeking to exercise the right must provide written notice to the other party. Such notice must specify the right being exercised and any relevant details regarding the manner of exercise.
Manner of exercise clause with approval condition
This variation applies when the exercise is subject to prior approval.
The exercise of the rights under this agreement shall be subject to the prior written approval of [Party Name]. The party seeking to exercise the right must submit a written request outlining the intended action, and such exercise shall not be valid unless approval is granted in writing.
Manner of exercise clause with specific formality requirement
This variation applies when a specific formality is required for the exercise of rights.
The manner of exercising any rights or obligations under this agreement shall include the completion of any forms, documents, or procedures as required by the parties. All actions must be performed in a manner that complies with the formalities outlined in this agreement.
Manner of exercise clause with delivery method specification
This variation applies when a specific delivery method is required for the exercise of rights.
The rights or obligations outlined in this agreement shall be exercised by delivering [specific item, e.g., notice, payment, etc.] via [specified method, e.g., hand delivery, certified mail, email, etc.]. The exercise of such rights will be deemed effective upon delivery according to the specified method.
Manner of exercise clause with limitation on methods
This variation applies when only certain methods are allowed for exercising rights.
The manner of exercise for the rights granted under this agreement shall be limited to the following methods: [List of allowed methods]. Any attempt to exercise rights using methods not listed shall be deemed invalid.
Manner of exercise clause with parties’ agreement requirement
This variation applies when the exercise of rights requires the agreement of both parties.
The rights under this agreement shall be exercised only upon mutual agreement of the parties. Both parties must agree in writing to the manner in which the rights will be exercised, and such agreement shall be binding on both parties.
Manner of exercise clause for specific performance actions
This variation applies when specific actions need to be performed to exercise rights.
To exercise any rights granted under this agreement, the party must perform the following actions: [List of required actions]. These actions must be performed in the specified order and within the timeframe agreed upon.
Manner of exercise clause with urgency designation
This variation applies when the exercise of rights requires urgency.
The exercise of rights under this agreement shall be conducted with urgency. The party seeking to exercise the right must notify the other party within [specified timeframe] and must act promptly to fulfill all obligations associated with the right.
Manner of exercise clause with conditional exercise
This variation applies when the exercise of rights is conditional.
The rights granted under this agreement may only be exercised if the following conditions are met: [List of conditions]. If any of the conditions are not met, the rights cannot be exercised unless the parties mutually agree to waive such conditions.
Manner of exercise clause with compliance with legal requirements
This variation applies when the exercise must comply with legal requirements.
The manner of exercising any rights under this agreement shall comply with all applicable legal requirements. The party seeking to exercise the right must ensure that their actions are in full compliance with the relevant laws and regulations.
Manner of exercise clause for limitation on frequency
This variation applies when rights can only be exercised a limited number of times.
The rights granted under this agreement may only be exercised [specified number] times during the term of this agreement. Any attempt to exercise the right beyond this limitation shall not be valid unless otherwise agreed by both parties.
Manner of exercise clause with reference to a third-party approval
This variation applies when third-party approval is required.
The exercise of the rights under this agreement shall require the prior approval of [Third Party Name]. The party seeking to exercise the right must submit a request for approval to the third party, and the exercise of such rights shall be contingent upon receiving that approval.
Manner of exercise clause with prior consultation requirement
This variation applies when prior consultation is required before exercise.
Prior to exercising any rights under this agreement, the party intending to exercise the right must consult with the other party. The consultation must take place [within a specified number of days] and address any concerns or considerations raised by either party.
Manner of exercise clause with documentation requirement
This variation applies when documentation is required for exercising rights.
In order to exercise the rights specified in this agreement, the party must provide the necessary documentation, including [List of Documents]. The rights will only be deemed exercised once the required documentation is delivered in full.
Manner of exercise clause with provision for non-exercise penalty
This variation applies when there are penalties for not exercising rights within the specified manner.
Failure to exercise the rights outlined in this agreement in the prescribed manner, including failure to provide necessary notices, approvals, or documentation, will result in a penalty of [specified amount or action], unless both parties agree to waive the penalty in writing.
Manner of exercise clause with notice of intent to exercise
This variation applies when a notice of intent is required to exercise rights.
The party seeking to exercise any rights under this agreement must provide a written notice of intent to the other party [number of days] prior to taking action. The notice must specify the right being exercised and any relevant terms or conditions.
Manner of exercise clause for exercising rights in writing
This variation applies when the exercise of rights must be in writing.
The exercise of any rights under this agreement must be done in writing and delivered to the other party in accordance with the notice provisions specified herein. Verbal exercise of rights will not be deemed valid.
Manner of exercise clause with limitations on the scope of exercised rights
This variation applies when there are limitations on the scope of exercised rights.
The rights granted under this agreement may only be exercised within the scope defined in this document. Any exercise of rights outside of the specified scope will be considered invalid and unenforceable.
Manner of exercise clause with delegation options
This variation applies when the rights can be exercised by delegation.
The party exercising rights under this agreement may delegate the exercise of such rights to a third party, provided that the delegation is done in writing and the third party adheres to the same obligations outlined in this agreement.
Manner of exercise clause with explicit approval of methods
This variation applies when the method of exercising rights requires explicit approval.
The manner of exercising the rights granted under this agreement shall be determined by mutual consent of both parties. Any exercise of rights using methods not explicitly approved by both parties will be considered invalid.
Manner of exercise clause for effective use of rights
This variation applies when rights must be used effectively according to the agreement.
The rights under this agreement shall be exercised in an effective and reasonable manner, in line with the spirit and objectives of this agreement. Both parties are obligated to ensure that the exercise of rights leads to the desired outcomes as outlined in the agreement.
Manner of exercise clause for electronic or digital methods
This variation applies when the rights must be exercised using digital or electronic methods.
The rights under this agreement may be exercised through digital or electronic methods, including email or online platforms. Both parties agree to use such methods for efficient and secure execution of the rights granted in this agreement.
Manner of exercise clause with method flexibility
This variation applies when multiple methods of exercise are allowed.
The rights granted under this agreement may be exercised using one of the following methods: [List of Methods]. The parties may mutually agree on the preferred method for each exercise of rights, provided it aligns with the terms of this agreement.
Manner of exercise clause with recordkeeping requirement
This variation applies when recordkeeping is required for exercising rights.
In exercising any rights under this agreement, the party must keep detailed records of the actions taken. These records shall be made available to the other party upon request to verify that the rights were exercised in accordance with the terms of this agreement.
Manner of exercise clause with specified formalities
This variation applies when certain formalities are required for exercising rights.
The rights under this agreement must be exercised following the formalities specified in [Document Name]. Any failure to comply with these formalities will result in the invalidation of the exercise of the rights.
Manner of exercise clause with notice period
This variation applies when there is a required notice period for exercising rights.
The party exercising any rights under this agreement must provide [specified number] days' written notice to the other party prior to the intended exercise of those rights. The rights will only be valid if exercised after the notice period has elapsed.
Manner of exercise clause for limited timeframe
This variation applies when rights must be exercised within a limited timeframe.
The rights granted under this agreement must be exercised within [specified number] days from the effective date. Failure to do so within the designated timeframe will render the right to exercise the option void.
Manner of exercise clause with proof of eligibility
This variation applies when proof of eligibility is required for exercising rights.
In order to exercise the rights outlined in this agreement, the party seeking to exercise such rights must provide proof of eligibility, including [required documentation], to the other party in writing.
Manner of exercise clause with cost obligations
This variation applies when the exercise of rights involves associated costs.
The exercise of any rights under this agreement shall be conducted at the expense of the exercising party, including but not limited to [costs/fees]. The costs associated with the exercise must be paid by the exercising party promptly.
Manner of exercise clause for personal notification
This variation applies when personal notification is required for exercise.
The rights outlined in this agreement must be exercised by providing personal notification to the other party. Such notification must be delivered in person or through certified mail to ensure receipt and validity.
Manner of exercise clause for online submission
This variation applies when rights can only be exercised via online submission.
The rights granted under this agreement shall be exercised exclusively through the designated online platform, using the form provided by the other party. All submissions must be completed through the online portal within the specified deadline.
Manner of exercise clause for actions subject to review
This variation applies when exercising rights is subject to review by a third party.
The rights exercised under this agreement are subject to review by an independent third party to ensure compliance with the terms. The exercise of these rights will not be considered valid until the third party has approved the action.
Manner of exercise clause for consent requirement
This variation applies when consent is required to exercise rights.
The exercise of any rights under this agreement shall require the prior written consent of the other party. No rights may be exercised without obtaining express consent in writing.
Manner of exercise clause for certification requirement
This variation applies when certification is required for exercising rights.
In order to exercise any rights under this agreement, the exercising party must obtain certification of compliance from [specific body or authority]. The certification must be submitted with the exercise request to be valid.
Manner of exercise clause with limited authority to act
This variation applies when rights can only be exercised by authorized representatives.
The rights under this agreement may only be exercised by representatives who have been duly authorized in writing by the other party. No actions may be taken by anyone not specifically named as an authorized representative.
Manner of exercise clause for delegation to contractors
This variation applies when delegation to contractors is allowed for exercising rights.
The rights under this agreement may be exercised by the party, or by a third-party contractor acting on behalf of the party, provided the contractor is notified in writing and agrees to abide by the terms and conditions of this agreement.
Manner of exercise clause with specific procedure requirements
This variation applies when specific procedures must be followed to exercise rights.
The rights granted under this agreement shall be exercised following the procedures outlined in [Document Name]. These procedures must be strictly followed to ensure the proper and valid exercise of the rights.
Manner of exercise clause with restrictions on assignment
This variation applies when the exercise of rights cannot be assigned to others.
The rights under this agreement may not be assigned, transferred, or delegated to any third party without the express written consent of the other party. The exercise of the rights is limited to the party originally granted them.
Manner of exercise clause with notice to regulatory authorities
This variation applies when notice to regulatory authorities is required for exercise.
Before exercising any rights under this agreement, the party must notify the relevant regulatory authorities of the intended exercise and obtain any required approvals. The exercise of rights will only be valid after receiving the necessary regulatory approvals.
Manner of exercise clause with deadline extension provision
This variation applies when an extension is allowed to exercise rights.
The deadline for exercising the rights under this agreement is [specified date]. If the exercising party cannot meet this deadline, they may request an extension of up to [specified number] days, subject to approval by the other party.
Manner of exercise clause for electronic consent
This variation applies when electronic consent is required for exercising rights.
The exercise of any rights under this agreement can be done by providing electronic consent through the agreed online platform. The exercise is valid only upon confirmation of receipt by the other party.
Manner of exercise clause with suspension clause
This variation applies when the exercise of rights is subject to suspension.
The exercise of rights under this agreement may be suspended for [specified period] in the event of [specific conditions]. The rights will resume once the suspension period expires or the condition is remedied.
Manner of exercise clause for compensation obligations
This variation applies when compensation obligations are tied to the exercise of rights.
The exercise of any rights under this agreement shall require the exercising party to compensate the other party as follows: [specified compensation terms]. This obligation must be fulfilled as a condition for exercising the rights.
Manner of exercise clause for voluntary exercise
This variation applies when rights can be voluntarily exercised by the party.
The rights under this agreement may be exercised at the discretion of the exercising party, provided that the exercise is done voluntarily and in compliance with the provisions of this agreement.
Manner of exercise clause with provision for dispute resolution
This variation applies when the manner of exercise is subject to dispute resolution procedures.
In the event of a dispute regarding the manner in which rights are exercised, the parties agree to resolve the issue through the dispute resolution process outlined in [Document Name]. The exercise of rights will be delayed until the dispute is resolved.
Manner of exercise clause with mutual consent for timing
This variation applies when timing for exercising rights requires mutual consent.
The exercise of any rights under this agreement must occur within [specified number] days, but the timing shall be mutually agreed upon by both parties. Any disagreement regarding timing will be resolved through mediation.
Manner of exercise clause with escalation procedure
This variation applies when an escalation procedure is necessary for exercising rights.
In the event of a dispute regarding the manner of exercising rights, the issue shall be escalated to [specified individual or team] for resolution. Only after the escalation is resolved can the rights be validly exercised.
Manner of exercise clause with reference to legal formalities
This variation applies when legal formalities must be met to exercise rights.
The exercise of any rights under this agreement is subject to the fulfillment of all applicable legal formalities. The party must ensure that all required legal steps are followed before the rights can be considered validly exercised.
Manner of exercise clause for compliance with non-compete terms
This variation applies when the exercise of rights must comply with non-compete terms.
The rights granted under this agreement may not be exercised in a manner that violates the non-compete terms outlined in [Document Name]. Any attempt to exercise rights in breach of these terms will be considered invalid.
Manner of exercise clause for conditional exercise
This variation applies when rights can only be exercised upon fulfillment of certain conditions.
The rights under this agreement may only be exercised if the following conditions are met: [List of Conditions]. If the conditions are not fulfilled, the exercise of rights will not be valid.
Manner of exercise clause for assigning actions to a third party
This variation applies when actions can be assigned to a third party.
The exercise of rights under this agreement may be delegated to a third party by the exercising party, provided that the third party agrees to be bound by the terms and conditions of this agreement.
Manner of exercise clause with reporting obligation
This variation applies when there is an obligation to report after exercising rights.
Upon the exercise of any rights under this agreement, the exercising party must provide a report detailing the actions taken and the results of the exercise. This report must be submitted to the other party within [specified number] days.
Manner of exercise clause for performance evaluation
This variation applies when the exercise of rights is subject to performance evaluation.
The rights under this agreement may be exercised based on the evaluation of the performance of the other party. Performance evaluations will be conducted periodically, and rights may be exercised based on the results of these evaluations.
Manner of exercise clause for joint execution
This variation applies when rights must be exercised jointly by both parties.
The exercise of rights under this agreement must be conducted jointly by both parties. Any actions taken without the joint consent of both parties will not be considered valid.
Manner of exercise clause with limitations on timing
This variation applies when rights can only be exercised within a limited timeframe.
The rights under this agreement may only be exercised during the period between [specified dates]. After the expiration of this period, the rights cannot be exercised unless both parties agree to an extension in writing.
Manner of exercise clause for approval process
This variation applies when an approval process is required for exercise.
The exercise of any rights under this agreement shall be subject to approval by [specified party]. The exercising party must submit a request for approval, which will be granted or denied within [specified number] days. No rights may be exercised until approval is obtained.
Manner of exercise clause with conditional notice
This variation applies when notice is required before exercising rights.
In order to exercise any rights under this agreement, the party must provide notice to the other party at least [specified number] days prior to the intended action. Failure to provide the required notice will invalidate the exercise of rights.
Manner of exercise clause for specific documentation requirements
This variation applies when documentation is required for the exercise of rights.
To exercise the rights under this agreement, the exercising party must provide the following documents: [List of Documents]. The exercise of the rights will only be valid if the required documentation is submitted.
Manner of exercise clause for timely action
This variation applies when action must be taken promptly.
The rights under this agreement must be exercised within [specified period] from the event triggering the right. Failure to act within this timeframe will result in the loss of the right unless an extension is mutually agreed upon.
Manner of exercise clause with requirements for parties' confirmation
This variation applies when both parties must confirm the exercise of rights.
To exercise any rights under this agreement, both parties must provide written confirmation of the action being taken. This confirmation must be received by the other party within [specified number] days of the intended exercise.
Manner of exercise clause with request for clarification
This variation applies when further clarification is needed before rights can be exercised.
The exercise of rights under this agreement shall require the exercising party to submit a request for clarification to the other party. The rights can only be exercised once the requested clarification has been received.
Manner of exercise clause for specific execution steps
This variation applies when the exercise involves specific steps to be followed.
The exercise of any rights under this agreement must follow the steps outlined in [Document Name]. The exercising party must complete each step in the specified order to validate the exercise of the right.
Manner of exercise clause with restrictions on methods
This variation applies when only specific methods of exercise are allowed.
The rights under this agreement may only be exercised using the following methods: [List of Methods]. Any attempt to exercise the rights using a method not listed shall be considered invalid.
Manner of exercise clause with requirement for written agreement
This variation applies when written consent or agreement is required before exercising rights.
The exercise of any rights under this agreement is contingent upon the written agreement of both parties. No rights can be exercised without such consent.
Manner of exercise clause with detailed reporting requirement
This variation applies when detailed reporting is required before or after exercising rights.
The party exercising the rights under this agreement must provide a detailed report outlining the actions taken. This report must include the outcomes and must be submitted to the other party within [specified period].
Manner of exercise clause for follow-up requirements
This variation applies when follow-up actions are required after exercising rights.
Following the exercise of any rights under this agreement, the exercising party must follow up with the other party to confirm the action’s completion. The follow-up must occur within [specified time] to ensure full compliance with the agreement.
Manner of exercise clause with provision for modifications
This variation applies when the rights exercised can be modified with mutual agreement.
The rights under this agreement may be exercised with modifications, subject to mutual agreement by both parties. Any changes must be clearly stated in writing and approved by both parties prior to execution.
Manner of exercise clause with dispute resolution mechanism
This variation applies when a dispute resolution process must be followed for exercising rights.
Any disputes arising from the exercise of rights under this agreement shall be resolved through the dispute resolution process outlined in [Document Name]. The rights cannot be exercised until the dispute is resolved.
Manner of exercise clause with escalation procedure
This variation applies when an escalation procedure is needed before exercising rights.
If there is disagreement over the exercise of rights, the issue shall be escalated to [specified individual or group]. The rights will not be exercised until the matter has been escalated and resolved.
Manner of exercise clause for contractual amendments
This variation applies when rights are exercised as part of a contract amendment.
The exercise of rights under this agreement is contingent upon the successful amendment of this agreement, as specified in [Document Name]. The exercise will only be valid once the amendment is executed by both parties.
Manner of exercise clause for access to information
This variation applies when access to information is required before exercising rights.
In order to exercise any rights under this agreement, the exercising party must first be provided with access to the following information: [List of Information]. The rights can only be exercised once the necessary information is made available.
Manner of exercise clause for approval from governing body
This variation applies when approval from a governing body is required.
The exercise of rights under this agreement shall be subject to the approval of [specified governing body or authority]. The rights may not be exercised until such approval is obtained.
Manner of exercise clause with conditional implementation
This variation applies when the exercise is conditional on certain factors.
The exercise of rights under this agreement is conditional on the following factors: [List of Conditions]. If these conditions are not met, the rights may not be exercised.
Manner of exercise clause with notification requirement
This variation applies when the exercising party must notify the other party before taking action.
Prior to exercising any rights under this agreement, the exercising party must notify the other party in writing. The notice must be sent at least [specified number] days before the exercise.
Manner of exercise clause for compliance with regulatory requirements
This variation applies when compliance with regulations is required to exercise rights.
The exercise of rights under this agreement must comply with all relevant regulatory requirements. The rights will not be valid unless the necessary approvals or notifications are obtained from the applicable regulatory authorities.
Manner of exercise clause for capacity verification
This variation applies when the exercising party must verify its capacity to act.
Prior to exercising any rights under this agreement, the exercising party must verify their capacity to act, including [required verification process]. The rights will only be exercised once this verification is completed.
Manner of exercise clause for mutual decision-making
This variation applies when rights can only be exercised through mutual decision-making.
The exercise of rights under this agreement requires the mutual decision of both parties. No rights can be exercised unless both parties agree in writing to the manner and timing of the exercise.
Manner of exercise clause for coordination with third parties
This variation applies when the exercise of rights involves coordination with third parties.
The exercise of rights under this agreement must be coordinated with [third party name]. The party seeking to exercise the rights must ensure that any necessary coordination with the third party is completed before proceeding.
Manner of exercise clause for standard industry practices
This variation applies when the exercise must adhere to industry standards.
The rights under this agreement shall be exercised in accordance with standard industry practices. The parties agree to follow the procedures and protocols that are commonly accepted within the relevant industry to ensure proper execution.
Manner of exercise clause with limitations on exercise frequency
This variation applies when rights can only be exercised a limited number of times.
The rights granted under this agreement may only be exercised [specified number] times during the term of this agreement. The exercise beyond this limit will be subject to the prior written consent of both parties.
Manner of exercise clause for responsibility for costs
This variation applies when the party exercising the rights must bear associated costs.
The party exercising the rights under this agreement shall be responsible for all costs incurred in the exercise of those rights, including but not limited to [types of costs]. These costs must be paid in full before the rights are considered validly exercised.
Manner of exercise clause for formal execution of rights
This variation applies when the rights must be formally executed.
The exercise of any rights under this agreement must be formally executed by both parties in accordance with the formal execution procedures outlined in [Document Name]. The exercise is not valid until these procedures have been followed.
Manner of exercise clause with provision for unilateral action
This variation applies when a single party can exercise rights unilaterally.
The party exercising rights under this agreement may do so unilaterally, without the consent of the other party, provided that the action complies with the terms outlined in this agreement.
Manner of exercise clause for reciprocal obligations
This variation applies when the exercise of rights is reciprocal.
The rights granted under this agreement may be exercised only when both parties fulfill their corresponding obligations. The rights can only be exercised after both parties have completed their obligations as outlined in this agreement.
Manner of exercise clause with requirement for legal counsel consultation
This variation applies when legal counsel must be consulted before exercising rights.
Before exercising any rights under this agreement, the exercising party must consult with legal counsel to ensure that the exercise complies with all legal requirements. The rights may not be exercised until this consultation has occurred.
Manner of exercise clause with timeline extension
This variation applies when the exercise of rights can be extended with approval.
The timeline for exercising rights under this agreement may be extended by mutual written consent of both parties. The rights may not be exercised after the original timeline unless an extension is granted.
Manner of exercise clause with acknowledgement of receipt
This variation applies when the exercise of rights requires an acknowledgment of receipt.
The exercise of any rights under this agreement shall be valid only if the other party acknowledges receipt of the notice or action taken. The acknowledgment must be provided within [specified number] days of receiving notice.
Manner of exercise clause with third-party notifications
This variation applies when third-party notifications are required for exercise.
Before exercising any rights under this agreement, the exercising party must notify [third party name] of the intended exercise. The rights cannot be exercised until this notification has been acknowledged.
Manner of exercise clause with review and feedback requirement
This variation applies when the exercise of rights requires review and feedback.
The rights granted under this agreement shall be exercised following a review and feedback process. The party seeking to exercise the right must provide a draft of the intended exercise for review by the other party, who must provide feedback within [specified number] days.
Manner of exercise clause for confidentiality during exercise
This variation applies when confidentiality is required during the exercise of rights.
The exercise of rights under this agreement must be conducted in strict confidence. The parties agree to maintain confidentiality during the exercise and will not disclose any information to third parties without prior written consent from both parties.
Manner of exercise clause for simultaneous execution
This variation applies when rights must be exercised simultaneously by both parties.
The rights granted under this agreement shall be exercised simultaneously by both parties. The rights will not be considered valid unless both parties take the prescribed actions at the same time.
Manner of exercise clause with limit on modification of rights
This variation applies when rights can only be exercised in their original form without modification.
The rights granted under this agreement may not be modified during the exercise. Any attempt to modify or alter the rights during the exercise will result in invalidation of the action.
Manner of exercise clause with requirement for independent verification
This variation applies when independent verification is required before exercising rights.
Before exercising any rights under this agreement, the exercising party must submit to independent verification to confirm that all conditions for exercising the rights have been met. The exercise of the rights is contingent on this verification.
Manner of exercise clause with reference to detailed procedures
This variation applies when the exercise requires a detailed step-by-step process.
The exercise of rights under this agreement shall follow the detailed procedures outlined in [Document Name]. The steps must be completed in the prescribed order, and any deviation from the procedures will render the exercise invalid.
Manner of exercise clause with reference to third-party approvals
This variation applies when third-party approval is needed to exercise rights.
The exercise of rights under this agreement shall require the prior written approval of [Third Party Name]. The rights may not be exercised until such approval is granted in writing.
Manner of exercise clause with limitations on timing
This variation applies when rights can only be exercised during a specified period.
The rights granted under this agreement may only be exercised during the period from [start date] to [end date]. Any attempt to exercise rights outside of this timeframe will be deemed invalid.
Manner of exercise clause with provision for a review process
This variation applies when rights must go through a review process before being exercised.
Prior to exercising any rights under this agreement, the exercising party must submit a request for review to the other party. The rights will not be exercised until the other party completes the review process and provides written confirmation.
Manner of exercise clause with notice period requirement
This variation applies when a notice period is required before exercising rights.
The party wishing to exercise any rights under this agreement must provide [specified number] days' written notice to the other party. The rights cannot be exercised until the notice period has passed.
Manner of exercise clause with conditions precedent
This variation applies when rights can only be exercised upon the satisfaction of certain conditions.
The rights granted under this agreement may only be exercised upon the fulfillment of the following conditions: [List of Conditions]. If the conditions are not met, the rights cannot be exercised.
Manner of exercise clause with multi-step process
This variation applies when exercising rights requires a multi-step process.
The exercise of rights under this agreement shall occur in the following steps: [Step 1], [Step 2], [Step 3]. The rights will not be valid unless all steps are completed in the specified order.
Manner of exercise clause with documentation requirements
This variation applies when specific documentation is needed to exercise rights.
In order to exercise any rights under this agreement, the exercising party must provide the necessary documentation, including [List of Required Documents]. The rights will not be valid until the necessary documentation is submitted.
Manner of exercise clause with formal meeting requirement
This variation applies when a formal meeting is required before exercising rights.
The exercise of rights under this agreement shall be conducted only after a formal meeting between the parties. The exercising party must schedule the meeting, and the rights may only be exercised following the approval of both parties during the meeting.
Manner of exercise clause with condition for mutual agreement
This variation applies when the rights must be exercised with mutual agreement.
The exercise of rights under this agreement shall require mutual written consent from both parties. No rights can be exercised without the agreement of both parties.
Manner of exercise clause with binding formal notice
This variation applies when a formal notice is binding for the exercise of rights.
A formal notice of intent to exercise any rights under this agreement must be delivered to the other party in writing. Upon receipt of the formal notice, the exercise of rights will be binding and enforceable.
Manner of exercise clause with time-sensitive actions
This variation applies when the exercise of rights is time-sensitive.
The rights under this agreement must be exercised within [specified number] days of [trigger event]. Failure to exercise the rights within this time period will result in the automatic expiration of such rights.
Manner of exercise clause for consent-based actions
This variation applies when consent is needed before exercising rights.
Before any rights under this agreement can be exercised, the exercising party must obtain consent from [Party Name]. Such consent must be provided in writing and will be required for the rights to be validly exercised.
Manner of exercise clause for legal compliance
This variation applies when rights must be exercised in compliance with legal requirements.
The exercise of any rights under this agreement shall comply with all applicable legal requirements. The party exercising the rights must ensure that all legal obligations are fulfilled before proceeding.
Manner of exercise clause with confirmation process
This variation applies when a confirmation process is necessary before exercising rights.
The exercising party must receive written confirmation from the other party before any rights under this agreement can be exercised. No action may be taken until such confirmation is provided.
Manner of exercise clause for coordination with third-party contractors
This variation applies when coordination with third-party contractors is necessary.
The exercise of rights under this agreement requires coordination with [third-party contractor name]. The exercising party must ensure that the contractor is notified and that the required steps are followed before the rights are exercised.
Manner of exercise clause with reference to internal procedures
This variation applies when internal procedures must be followed to exercise rights.
The party exercising the rights under this agreement must first follow their internal procedures as outlined in [Internal Procedure Document]. The exercise of rights will only be valid once the internal procedures have been followed.
Manner of exercise clause for joint performance
This variation applies when both parties must perform certain actions together to exercise rights.
The exercise of rights under this agreement requires joint action by both parties. Neither party may exercise their rights independently; both must act together in accordance with the terms of this agreement.
Manner of exercise clause with time-bound conditions
This variation applies when rights must be exercised under time-bound conditions.
The rights under this agreement may only be exercised if the following conditions are met within the designated time period: [Conditions and Time Limit]. If the conditions are not met within this period, the rights shall not be validly exercised.
Manner of exercise clause with reporting requirements
This variation applies when reporting is required before or after exercising rights.
The party exercising any rights under this agreement must submit a report detailing the exercise to the other party within [specified period]. The rights will not be considered fully exercised until the report is submitted and accepted.
Manner of exercise clause with restriction on modifications
This variation applies when no modifications to the exercise of rights are allowed.
The rights granted under this agreement may not be modified in any manner during the exercise. The exercise must follow the terms outlined in this agreement without any alterations, additions, or changes.
Manner of exercise clause with direct oversight requirement
This variation applies when the exercise of rights is subject to direct oversight by another party.
The exercise of rights under this agreement shall be subject to the direct oversight of [supervising party name]. The rights will only be exercised if the supervising party approves the actions taken.
Manner of exercise clause with review and assessment requirement
This variation applies when the exercise of rights must be reviewed and assessed before proceeding.
Before exercising any rights under this agreement, the party must submit the proposed exercise for review and assessment by the other party. The rights cannot be exercised until the review is completed and approval is granted.
Manner of exercise clause with specific platform usage
This variation applies when a specific platform must be used to exercise rights.
The exercise of any rights under this agreement must be conducted through the designated platform: [Platform Name]. The rights will only be valid if exercised via this platform according to the outlined procedures.
Manner of exercise clause for consultation before action
This variation applies when consultation is required before rights are exercised.
Prior to exercising any rights under this agreement, the exercising party must consult with the other party to discuss the intended action. The rights may only be exercised once both parties agree on the manner of execution.
Manner of exercise clause for verification of compliance
This variation applies when compliance verification is required before exercising rights.
Before exercising any rights under this agreement, the exercising party must verify compliance with [specified rules or guidelines]. The exercise will be invalid unless the necessary verification is completed and documented.
Manner of exercise clause with financial authorization requirement
This variation applies when financial authorization is required before exercising rights.
The exercise of rights under this agreement is contingent upon obtaining the necessary financial authorization from [authorized party or body]. The rights will not be validly exercised until this authorization is granted.
Manner of exercise clause for no future revisions
This variation applies when no revisions or future adjustments can be made once the rights are exercised.
Once the rights under this agreement are exercised, no further revisions, adjustments, or amendments will be allowed unless both parties mutually agree in writing.
Manner of exercise clause with specific internal approvals
This variation applies when internal approvals are required before rights can be exercised.
The rights under this agreement must be exercised only after obtaining the necessary internal approvals from [internal department or person]. No rights can be exercised unless the required internal approvals are obtained.
Manner of exercise clause with restrictions on usage
This variation applies when the exercise of rights comes with usage restrictions.
The exercise of rights under this agreement is restricted to [specific usage conditions]. The rights cannot be exercised beyond these restrictions unless the parties agree to modify the terms in writing.
Manner of exercise clause for proper completion of formalities
This variation applies when formalities must be properly completed before exercising rights.
The exercise of rights under this agreement will not be valid until all necessary formalities have been properly completed, including [list of formalities]. The rights can only be exercised once these formalities have been fulfilled.
Manner of exercise clause for professional verification
This variation applies when professional verification is required for the exercise of rights.
The exercise of any rights under this agreement is contingent upon professional verification by [specified professional]. The verification must be provided in writing, confirming compliance with the terms outlined in this agreement.
Manner of exercise clause with registration requirement
This variation applies when registration is required before rights can be exercised.
The exercise of rights under this agreement is contingent upon the successful registration of [specific documents or actions] with [relevant authority]. The rights cannot be exercised until the registration is completed.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.