Agreement definition clause

An acceleration covenant or an acceleration clause refers to provision used by a lender to demand repayment of all outstanding loans if the borrower breaches the terms on the contract. This covenant is often used in debt contracts or loan arrangements between the two parties. A lender cannot just apply the acceleration covenant in any situation ...Make your home refinance possible. Despite its technical-sounding name, the subordination agreement has one simple purpose. It assigns your new mortgage to first lien position, making it possible to refinance with a home equity loan or line of credit. Signing your agreement is a positive step forward in your refinancing journey.One of the purposes of this article is to go through some of the essential clauses that would generally appear in a music management agreement. 1. Exclusivity. The manager is more likely than not, the artist's only manager, but the artist may not be the manager's only artist. If the artist isn't the manager's only client, it may be ...An "as is" clause will protect a seller from the duty to disclose property defects if: the seller is unaware of the defects; the buyer has actual knowledge of the defects; or. the seller knows of the defect but remains silent, and the defect is one that is readily discoverable by the buyer through reasonable investigation. Meanwhile, an ...8. Property Protection. The lease is protection not only for the landlord against liability, but for physically protecting the property as well. It is crucial for real estate investors to grasp that a renter is not going to go out of the way to protect, let alone take care of, "your stuff".All businesses have systems, processes, know-how or other proprietary information that help them stand out and that they want to keep confidential. To ensure that this proprietary information remains a secret, employers should make their employees agree to confidentiality. This can be done in two ways: inserting a confidentiality clause into the employment contract or by getting the employee ...contract clause noun, often capitalized both Cs Save Word Legal Definition of contract clause : the clause in Article I, Section 10 of the U.S. Constitution that prohibits states from passing any laws that render contracts invalid or impair the obligations under them Learn More About contract clause Share contract clauseA noncompete agreement or clause is a legal document that prohibits employees from competing with your business after their employment is severed. A noncompete agreement can provide several types ...8. Property Protection. The lease is protection not only for the landlord against liability, but for physically protecting the property as well. It is crucial for real estate investors to grasp that a renter is not going to go out of the way to protect, let alone take care of, "your stuff".Sep 14, 2021 · Sep 14, 2021. Tripartite agreements are legal agreements or contracts between three individuals or parties. These agreements can be a useful tool when setting up a tripartite employment relationship to grow your international workforce. In this article, we explain everything you need to know about tri-partite agreements, including the precise ... Copyleft is a distinguishing feature of some free software licenses, while other free-software licenses are not copyleft licenses because they do not require the licensee to distribute derivative works under the same license. There is an ongoing debate as to which class of license provides the greater degree of freedom. This debate hinges on complex issues, such as the definition of freedom ...An acceleration covenant or an acceleration clause refers to provision used by a lender to demand repayment of all outstanding loans if the borrower breaches the terms on the contract. This covenant is often used in debt contracts or loan arrangements between the two parties. A lender cannot just apply the acceleration covenant in any situation ...Definition: When words have a grammatical relationship which affects the form of one or more of the elements then they agree. THREE GIRLS shows agreement because the Noun has the Plural Inflection, which is required by the Number. It is another way of saying Concord .The diplomatic clause in a rental agreement provides a solid framework, which makes it hard for lessors to terminate a rental contract any time they please. According to the basic principle of the diplomatic clause, the weaker party is the tenant. Most times, legislation regarding rental contracts is vital. Parties are not allowed to deviate ...Section 3.1 Purpose.The purpose of the Corporation is to engage in any lawful act or activity for which corporations may now or hereafter be organized under the General Corporation Law of the State of Delaware (the "DGCL").The Corporation is being incorporated in connection with the domestication of Altimar Acquisition Corp., a Cayman Islands exempted company ("Altimar Cayman"), as a ...Model Contract Clauses to Protect Workers in International Supply Chains, Version 2.0 ... transportation, clothing, and other essential needs including provision for unexpected events," and the ACT-endorsed definition, which is, "The minimum income necessary for a worker to meet the basic needs of himself/herself and his/her family ...Clauses in a Definitive Purchase Agreement #1 Definition of Key Terms. The agreement will define the key terms and their meanings for the entire document. It will describe how the buyer and seller are referred to in the document, the meaning of the closing date, sufficient working capital, etc. #2 Purchase ConsiderationHere are 7 such clauses that you must understand in detail before signing any loan agreement. 1: Interest fluctuation clause : Interest fluctuation clause gives the bank the right to fix the ..."(a) In general.—Gross income shall not include gain or loss from the sale or exchange of virtual currency in a personal transaction (as defined in section 988(e)(3)) for goods and services. "(b) Limitation.— "(1) I N GENERAL.—The amount of gain or loss excluded from gross income under subsection (a) with respect to a sale or exchange shall not exceed $200.A zipper clause is a clause in an employment agreement in which both parties waive the right to demand bargaining on any matter not dealt with in the contract, regardless of whether that matter was contemplated when the contract was negotiated or signed. A zipper clause in a written contract makes it clear that only the promises contained in ...Non-disclosure and non-use. There are two important restrictions in an NDA. The non-disclosure provision prevents the recipient from disclosing the confidential information to third parties. The non-use provision prevents the recipient from using the information other than for a specified purpose. Occasionally, an NDA may not have a non-use ...Report category is used to funds deobligated. You used to deobligate them available, details or deleted work is received in technology services. Obligation is used to use under the clause, but unobligated balances must establish which event of the court or service contract b appendix to government....Your Rights Non-Compete Agreements. A non-compete agreement is a contract between an employee and employer. A non-compete prohibits an employee from engaging in a business that competes with his/her current employer's business. While an employer cannot require you to sign a non-compete, they may terminate, or choose not to hire you if you ...Notwithstanding can also function as an adverb. Its meaning is close to "nevertheless" or "in spite of this": Although he didn't have a lot of experience, they decided to hire him notwithstanding . Finally, notwithstanding can serve as a conjunction. In those cases, notwithstanding means "although," or "in spite of.". Here's ...An exemption clause is a contractual term by which one party attempts to cut down either the scope of his contractual duties or regulate the other parties right to damages or other possible remedies for breach of contract. It means that the exemption clause is a phrase in an agreement that give a limitation towards contracting parties.Sentences aren't complete without clauses in English grammar. Discover how some types of clauses come together or stand on their own with these examples.clause. 1 part of a document. 2 part of a Bill that, if it becomes an Act of Parliament, will become a section. CLAUSE, contracts. A particular disposition which makes part of a treaty; of an act of the legislature; of a deed, written agreement, or other written contract or will. When a clause is obscurely written, it ought to be construed in ...Definition of Cause. " Cause " shall mean conduct involving one or more of the following: (i) the substantial and continuing failure of the Employee, after notice thereof, to render services to the Company in accordance with the terms or requirements of his or her employment; (ii) disloyalty, gross negligence, willful misconduct, dishonesty ...AGREEMENT. In consideration of the premises and the covenants, conditions, and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledge, the parties hereto agree as follows: Sample 1 Sample 2 Sample 3 See All ( 516) AGREEMENT. collective bargaining agreement, pay agency fees (equivalent to dues) as a condition of employment. Agency Fee Payer is the initial status of any employee under an agency shop agreement -all newly hired workers are agency fee payers. That status remains in effect until the worker signs a membership card.For over 20 years the Open Source Initiative (OSI) has worked to raise awareness and adoption of open source software, and build bridges between open source communities of practice. As a global non-profit, the OSI champions software freedom in society through education, collaboration, and infrastructure, stewarding the Open Source Definition (OSD), and preventing abuse of the ideals and ethos ...But just what is the definition of due diligence, anyway? In the world of investment transactions, due diligence is a legal term for "do your homework." ... have the legal right to walk away ...5) Agency Agreement. A legal contract creating a fiduciary relationship whereby the first party ("the principal") agrees that the actions of a second party ("the agent") binds the principal to later agreements made by the agent as if the principal had himself personally made the later agreements. 6) Agreement and Plan of Merger.Dec 07, 2020 · 9. Military Clause Lease Termination. This protects service members and their families from any penalties that might occur because of active duty orders. In essence, it states that if a service member receives an active duty order before the end of the lease, they can break the agreement without paying any penalties. Definition of Affiliate. For purposes of this Agreement, " Affiliate " means the Company and any other entity that, directly or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with, the Company. Sample 1. Sample 2. Sample 3. See All ( 9) Remove Advertising.A contract is a legally binding agreement between two parties. A written contract consists of specific provisions, or clauses. Clauses define the rights and obligations each party has under the agreement. Clauses generally fall into one of three categories: enforcement clauses, interpretation clauses, and execution clauses. ContentsExamples of Adjective Clauses Turned Into Adjective Phrases. Explore some adjective clause examples to help you create an adjective phrase: Adjective Clause - The books that were borrowed from class must be returned.; Adjective Phrase - The books borrowed from class must be returned.; Adjective Clause - The girl who is leading the parade is my best friend. ...Non-Compete Agreement: An agreement between two parties, typically an employee and employer, where the employee agrees not to use information learned during employment in subsequent business ...Non-disclosure and non-use. There are two important restrictions in an NDA. The non-disclosure provision prevents the recipient from disclosing the confidential information to third parties. The non-use provision prevents the recipient from using the information other than for a specified purpose. Occasionally, an NDA may not have a non-use ...The Article relevant to every stakeholder of business, viz. employers, key management personnel, consultants, human/industrial relations personnel etc. to understand the obligations and legal implications under the labour policies of the Government in response to the lockdown.Generally, indemnification is the buyer's remedy for a breach of any promises made in the purchase agreement or losses incurred relating to specific liabilities outlined in the purchase agreement. Indemnification allocates the risk of various post-closing losses between buyer and seller. For this reason, the indemnification provisions of your ...Software Escrow Release Clauses. A software escrow agreement is typically put in place as part of a wider software license, development or investor agreement. Software escrow agreements are an arrangement to protect the beneficiary in the unlikely event that the developer ceases operations or the agreement is terminated due to a material breach.A non-waiver clause aims to preserve a party's rights and remedies if that party fails, whether intentionally or by oversight, to take action in respect of a breach of contract. Generally such clauses will provide that: a failure or delay in enforcing an obligation, or exercising a right or remedy, does not amount to a waiver of that obligation ...Definition of honour clause in English: honour clause. noun (US honor clause) Law . An express statement in a contract indicating that an agreement is intended to be binding in honour only, and is therefore not legally enforceable. Origin. Late 19th century; earliest use found in The Times. Word of the day.Liquidated damages clauses act as insurance for both parties. The person who breaks the contract knows ahead of time how much they would owe the other party. Similarly, the other party can negotiate an amount that would adequately cover their loss without having to go to court. However, the purpose of a liquidated damages clause is not to ...Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 19A non circumvention clause is a contractual provision aimed at restricting the ability of one contracting party to deal and engage directly (or indirectly) with the business partners, clients, suppliers or contacts of the other contracting party. The idea is to ensure that the contact names and information of the business contacts revealed by ...For over 20 years the Open Source Initiative (OSI) has worked to raise awareness and adoption of open source software, and build bridges between open source communities of practice. As a global non-profit, the OSI champions software freedom in society through education, collaboration, and infrastructure, stewarding the Open Source Definition (OSD), and preventing abuse of the ideals and ethos ...In a legal context, a clause is part of a written legal document. The breakdown of these documents by section or paragraph becomes easier to reference the relevant information.Copyleft is a distinguishing feature of some free software licenses, while other free-software licenses are not copyleft licenses because they do not require the licensee to distribute derivative works under the same license. There is an ongoing debate as to which class of license provides the greater degree of freedom. This debate hinges on complex issues, such as the definition of freedom ...Liquidated damages clauses act as insurance for both parties. The person who breaks the contract knows ahead of time how much they would owe the other party. Similarly, the other party can negotiate an amount that would adequately cover their loss without having to go to court. However, the purpose of a liquidated damages clause is not to ...A contract clause is a provision or section in an agreement that represents one specific part of the subject matter that the agreement deals with. Clauses can come in almost all shapes and sizes and cover anything related to the agreement. There are many standard contract clauses that are frequently used in all kinds of agreements.What Is a Lease Agreement? A lease agreement is simply a contract between a landlord and a tenant that states what the tenant will pay monthly for rent and for how long. Lease agreements, like many contracts, tend to intimidate some people because much of the language in the contract can be confusing. However, if you have a basic understanding ...Sep 06, 2018 · A morality clause will enable an employer to unilaterally terminate an employment agreement if the employee engages in certain defined types of behavior. The actual language of morality clauses can vary greatly from industry to industry. Here is a sample morality clause: contract clause noun, often capitalized both Cs Save Word Legal Definition of contract clause : the clause in Article I, Section 10 of the U.S. Constitution that prohibits states from passing any laws that render contracts invalid or impair the obligations under them Learn More About contract clause Share contract clauseTerm. "Term" means either the Initial Term or then-current Renewal Term. Term, Renewal, and Option to Purchase. Initial Term. This agreement will commence on the Effective Date / [DATE, MONTH], and will continue for [TERM MONTHS] months unless terminated earlier (the "Initial Term"). Renewal.This clause balances the landlord's right to access the property and the tenant's right to privacy. As a landlord, you can access the property in order to: Inspect the property. Make necessary repairs or improvements. Supply necessary or agreed upon services. Make sure the tenant is complying with the lease. 4.Concessional Rate of GST; Facts : The Applicant is a Limited Company, engaged in manufacturing of packaging material which includes HDPE Drums and containers and supplies HDPE drums, on receipt of a purchase order from a merchant exporter, raises invoice for supply of said drums on the merchant exporter and delivers the same, as per the merchant exporter's direction, to the premises of the ...Entire agreement clauses. An entire agreement clause in a contract asserts that the contract constitutes the whole agreement between the parties and seeks to prevent the parties from relying on any preceding agreements, negotiations or discussions that have not been set out in the agreement. Entire agreement clauses often form part of the ...The agreement also defines the duration of the consulting arrangement and the consultant's compensation. Consulting agreements can be simple or complex. However, a standard consulting agreement usually contains some of the following clauses and language: The date the parties enter into the agreement, listed at the top of the contract.Clauses in a Definitive Purchase Agreement #1 Definition of Key Terms. The agreement will define the key terms and their meanings for the entire document. It will describe how the buyer and seller are referred to in the document, the meaning of the closing date, sufficient working capital, etc. #2 Purchase ConsiderationIndemnification clauses in contracts may require the design professional to indemnify, hold harmless, and defend its client against claims, damages, and allegations. If you agree to indemnify your client for anything other than damages arising out of your negligence in the performance of professional services, you will be contractually liable ...Subjective acceleration and demand clauses in loan agreements. (column) by Weinstock, Leonard. Abstract- Certain term loans should be classified as current liabilities on a corporate balance sheet if their documents contain the appropriate call language.The determining factor is whether the call language constitutes a subjective acceleration clause or a demand call.The ICC Arbitration Rules do not limit the parties' free choice of the place and language of the arbitration or the law governing the contract. When adapting the clause, care must be taken to avoid any risk of ambiguity. Unclear wording in the clause will cause uncertainty and delay and can hinder or even compromise the dispute resolution ...May 16, 2016 · Entire Agreement Clause – A section stating that all of the terms of the agreement between the parties are included in that same written contract. This expressly states that any changes or additions to the agreement must be made in writing. An NDA (also known as a confidentiality agreement) is a legal contract, which should be used when sensitive information needs to be shared between two parties. It ensures that the person or organisation who gains access to sensitive information doesn't disclose it to a third party. NDAs are private agreements between the parties and do not ...Whether you are considering entering a non-solicitation agreement or need to determine if a restrictive covenant is enforceable, our attorneys can assist you in determining the best course of action. You can contact us online today or call us at 630-333-0000 to set up a free consultation.Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 19Looking for online definition of LOA or what LOA stands for? LOA is listed in the World's largest and most authoritative dictionary database of abbreviations and acronyms ... Lease-Option Agreement: LOA: Late Onset Asthma: LOA: Loss of Aircraft (logistics) LOA: Looseness of Association: LOA: Legacy of Assassins (PS3 clan) LOA: Limited Open ...An alienation clause, or due-on-sale clause, is part of a mortgage contract that prevents the borrower from transferring the loan with the sale of the home. The clause requires the original borrower to make full payment of the remaining loan balance upon completion of the sale. Most mortgages have this clause; those that don't are called ...Concessional Rate of GST; Facts : The Applicant is a Limited Company, engaged in manufacturing of packaging material which includes HDPE Drums and containers and supplies HDPE drums, on receipt of a purchase order from a merchant exporter, raises invoice for supply of said drums on the merchant exporter and delivers the same, as per the merchant exporter's direction, to the premises of the ...In a legal context, a clause is part of a written legal document. The breakdown of these documents by section or paragraph becomes easier to reference the relevant information.a change in the capacity in which recipient renders service to the company or an affiliate as an employee, consultant, or director, or a change in the entity for which recipient renders such service, provided that there is no interruption or termination of recipient's service with the company or an affiliate, shall not terminate a recipient's …a change in the capacity in which recipient renders service to the company or an affiliate as an employee, consultant, or director, or a change in the entity for which recipient renders such service, provided that there is no interruption or termination of recipient's service with the company or an affiliate, shall not terminate a recipient's …Examples of such clauses can be the goods or services to be provided; details about what, when, how, and under circumstances the party providing those things will be paid; who owns the rights to the goods or services; what happens if there is a breach of the contract or a dispute; the term or length of the contract; what law governs (e.g., what country's law applies, or if in the US, what ...Definition. A come-along clause gives certain shareholders, usually majority shareholders, the right to force other shareholders to sell their shares when those certain shareholders decide to sell theirs. For this reason, the clause is also called a drag-along clause, because when the specified shareholder decides to sell, he can drag along all ...Sample Clauses. Definition and Interpretation. 2.1 In this PPP Agreement the following terms shall, unless inconsistent with the context in which they appear have the following meanings and expressions derived from those terms that shall bear corresponding meanings: Definition and Interpretation. 1.1 The definitions and rules of interpretation ...a. Subject-Verb Agreement. Each sentence has a subject and a verb, but as you know, subjects and verbs both have singular and plural forms. In order for them to function properly, they need to "agree" with each other, or match, which is called subject-verb agreement (SVA). Clauses rely on subject-verb agreement to make sense.A majority of contracts contain an entire agreement clause. Also known as an integration clause or merger clause, an entire agreement clause declares that the contract represents the complete and final agreement, thereby protecting the contracting parties. In other words, the contract supersedes any prior agreements the contracting parties might have made with regard to the subject of the ...3. A clause allowing for resignation — with severance — for "good reason". Employment agreements usually do not contain provisions that allow an executive to resign and still be entitled ...Indemnification clauses in contracts may require the design professional to indemnify, hold harmless, and defend its client against claims, damages, and allegations. If you agree to indemnify your client for anything other than damages arising out of your negligence in the performance of professional services, you will be contractually liable ...Entire Agreement Clause - A section stating that all of the terms of the agreement between the parties are included in that same written contract. This expressly states that any changes or additions to the agreement must be made in writing.Generally, indemnification is the buyer's remedy for a breach of any promises made in the purchase agreement or losses incurred relating to specific liabilities outlined in the purchase agreement. Indemnification allocates the risk of various post-closing losses between buyer and seller. For this reason, the indemnification provisions of your ...What Is a Lease Agreement? A lease agreement is simply a contract between a landlord and a tenant that states what the tenant will pay monthly for rent and for how long. Lease agreements, like many contracts, tend to intimidate some people because much of the language in the contract can be confusing. However, if you have a basic understanding ...The tolling agreement definition is when a potential plaintiff and potential defendant make a formal agreement to extend the statutory limitations time period on the plaintiff's claim, typically so that parties will have more time to settle their dispute without going to court. By definition, a tolling agreement considers the current or future ...Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 19 oneplus zen mode 5 minutesflightaware ground trackingcancel mathematical definitionword for identificationbioconductor deseq2 tutorialnatlax powder usespoe minion bleedselenium firefox options pythonstudent portal episdyahoo finance percentage changecraigslist wylietyrone palmer affecttelerik checkbox blazorssx 2012 rpcs3magnolia review submissionsarmy football camproon nucleus ebayhas anyone received erapmoma special eventstypeorm github examplejltv costbest turkesterone supplementsportybet spammed logpsalm fun isegunthrivent action teamnoita true multiplayerdaly 20s bms manualindeed glens fallsharem pants 90sb58 carbon buildupconscientious definition businesstamagotchi sound settingsdxdiag report poeantonyms ignite definitionprank upstairs neighborethereum mining calculatorbootstrap creativecfo meaning medicalbarracuda bar doorkayaking washington dccontinue with facebookairgun designdc2 scp vkpoco notification historysouth apopka crimestacker trailer dimensionsorganization for homeless youthpolystyrene sheets 4x8how to explain original sin to a childinadvertently antonym meaningnoticeable synonyms thesaurusfully loaded festival100 free tiktok viewsflowchart template pptxerythritol keto substitutepiling dictionary definitionoracle america careersmatblazor exampleshemet weather nowtinyml raspberry pirogue legacy 2 xbox one pricechakra colors definitionhow long is oil good for in a motorcycletv listings tonight 10l_2ttl