Contingent liability termination clause

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August undefined, 2024

WebApr 1, 2024 · This Agreement shall terminate, without notice, (i) upon the institution by or against either party of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of either party’s debts, (ii) upon either party making an assignment for the benefit of creditors, or (iii) upon either party’s dissolution or ceasing … WebDec 31, 2015 · Termination. This Agreement may be terminated at any time, and without payment of any penalty, by the Board, on behalf of the Fund, upon sixty (60) days ’ written notice to the Advisor. This Agreement may not be terminated by the Advisor without the consent of the Board.

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WebApr 9, 2024 · A contingency fee agreement template can help you to create a comprehensive, well-organized document. It should typically include the following: … WebThe terms of this Amendment Agreement shall become effective if on or prior to June30, 2024 the Administrative Agent shall have received confirmation from the Borrower that it has entered into one or more credit facilities for an aggregate principal amount of at least $300,000,000 (the “Amendment Effective Date”). 03/27/2024 (TELECOM ARGENTINA SA) how to run a conflict check in clio

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WebIn the event of termination pursuant to this Article 23.1, subject to Article 23.1.3, Purchaser shall be entitled to refund by Contractor of all payments made by Purchaser for the terminated Work plus interest thereon at the interest rate stipulated in Article 5.3.1 hereof from the date payment was received to the date the refund is received … WebContingent workers provide needed staffing assistance but may only be used to provide work of a temporary nature. ... Such additional compensation shall continue until termination of employment or hire into a full-time regular, part-time regular or term-limited position. ... HRD approves the position, not the appointee, review of the appointee ... WebThe contingent liability shall be supported by sufficient detail to facilitate audit. B. Letter Contracts and Letters of Intent. When accepted, a letter contract or letter of intent shall be... northern mri prices

Contingent Liability: What Is It, and What Are Some …

WebExamples of termination clauses include: Example 1. Negotiating severance pay for the supposed termination of employees. Example 2. Performing M&A due diligence when considering a new venture. Example 3: Counterparties buying and selling an asset with limitations. Many projects can benefit from a termination clause. WebRemove Advertising. Liability. 1. The parties agree that any data subject, who has suffered damage as a result of any breach of the obligations referred to in Clause 3 or in Clause 11 by any party or subprocessor is entitled to receive compensation from the data exporter for the damage suffered. Sample 1 Sample 2 Sample 3 See All ( 1k) Liability. northern mr heaterWebMay 17, 2024 · The effect of signing such a waiver, however, means that the employee will no longer have a right to sue their employer for wrongful termination. Instead, the employee will receive some sort of benefit (usually a severance package) in exchange for giving up their right to sue. In other words, the employee will have no means of legal recourse ... northern mri malone road

"WebApr 12, 2013 · TERMINATION. Student interns are at will employees and the employment relationship may be terminated by either party at any time without cause or prior notice. Upon termination of the internship, the agency is encouraged to work with the student intern to determine whether the objectives of the agency’s internship program are being … " - Contingent liability termination clause

Contingent liability termination clause

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WebCite. Contingent Nature Of Severance Pay Obligations. The Company shall have no payment obligations under this Agreement, and shall not be required to reserve any funds in relation to this Agreement, unless and until there is a termination of Executive ’s employment that gives rise to such payment obligations. Sample 1 Sample 2 Sample 3 … WebAn acquirer may enter into an arrangement to make contingent payments to the selling shareholders of the acquiree. These arrangements need to be analyzed to determine if they should be included in the consideration transferred for the acquiree (i.e., contingent consideration), accounted for as a separate transaction apart from the business …

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Web5. Indemnification clause. An indemnification clause protects you from liability if you’re sued by a third-party due to negligence on the client’s end. If an attendee is injured, for example, the clause ensures that the attendee cannot hold you legally responsible. Another example is damage to the venue. WebJul 12, 2024 · GAAP recognizes three categories of contingent liabilities: probable, possible, and remote. Pending lawsuits and warranties are common contingent liabilities.

WebIAS 37, Provisions, Contingent Liabilities and Contingent Assets; The scope of the guidance formerly included lease contracts. However, under the new lease standard (IFRS 16), lessees recognize leases on-balance … WebContingent Obligations at Termination means, at the time of the termination of this Agreement, Obligations either (i) constituting contingent indemnification obligations with respect to events, acts or conditions that (x) occur after (and do not exist at the time of such termination) or (y) as to which none of the Loan Parties, the Administrative …

WebContingent Liabilities. Directly or indirectly guarantee the performance or payment of, or purchase or agree to purchase, or assume or contingently agree to become or be … WebSep 20, 2013 · A simple termination clause will commonly consist of two basic elements: Breach of contract Insolvency or an event such as the appointment of a receiver Termination clauses are usually written on a mutual basis, in which case either side will be able to bring the contract to an end.

WebNotwithstanding any provision of this Option Agreement to the contrary, other than termination of the Grantee’s Continuous Service for Cause, if a sale within the applicable time periods set forth in Sections 5, 6, 7 or 8 herein of Shares acquired upon the exercise of the Option would subject the Grantee to suit under Section 16(b) of the ...

WebOct 17, 2024 · Termination clause. 1. Termination. 1.1. This Agreement may be terminated by either party giving a minimum of [enter number] months’ notice in writing to … how to run a competition on instagram how to run a constant pingWebContingent Liability. Where we effect or arrange a Transaction, you should note that, depending upon the nature of the Transaction, you may be liable to make further payments when the Transaction fails to be completed or upon the earlier settlement or closing out … No Liability. Notwithstanding anything to the contrary set forth in this Agreement , … northern mri belfastWebJan 31, 2024 · Entity A enters into a four-year service contract with Customer X with a right to cancel the contract at the end of each year. Contract 1 requires Customer X to pay an … northern mrnaWebProvided the contingency identified in Section4 below has occurred and the payment identified in Section3 below has been received by Landlord, the Lease shall be deemed terminated effective 5:00 p.m. on the date on which Landlord and ARM execute a lease for the Premises (the “Termination Date”). how to run a command scriptWebSep 28, 2024 · The most direct way for parties to limit their liabilities under a contract is by (i) excluding liability for certain types of loss through the exclusion of liability clause or (ii) putting a financial cap on liability for such losses through a limitation of liability clause. The limitation of liability, exemption, or exclusion clauses seek to ... how to run a command line toolWeb(a) If a contract can be terminated by each party at any time without compensating the other party for the termination (that is, other than paying amounts due as a result of goods or services transferred up to the termination date), the duration of the contract does not extend beyond the goods or services already transferred. northern ms map