"Contract language" refers to the specific words and phrases used in a legal agreement or contract. It is the written part of a contract that outlines the rights, responsibilities, terms, and conditions of a business relationship.
Full definition
Someone intent on breeding may do so regardless
of contract language, and then sell the puppies without registration.
Maybe because I write crime fiction and worked with
contract language for years in the energy industry that it makes me suspicious by nature.
Our lawyers measure success by how well we meet our client's objectives, not by scoring points
in contract language or during negotiations.
It is great for authors to have this kind of
specific contract language to consider when grappling with how to publish and promote each of their books.
Take the time in every transaction to review the
proposed contract language and determine whether it clearly states how deposit funds will be handled.
My back ground is the construction business and I'm capable or handling business generally and I
understand contract language and law, to a point.
The complex contractual relationships of the parties often calls for analysis of insurance coverage, additional insured requirements and endorsements as well as
construction contract language.
Teacher unions were a bit more successful when it came to salary increases while towns were more successful when it came it came to the
important contract language.
Pharmacy benefits are currently unregulated and big insurance and pharmacy drug companies are able to hide revenue in
complicated contract language.
If there's anything worse than drafting
confusing contract language, it's making a mistake that results in a provision conveying a meaning that puts your client in a deep, expensive hole.
If
vague contract language can result in a commission dispute, using a specific word that doesn't convey the meaning you intend can create its own set of problems.
I like to think they would find it a valuable resource for assessing disputes over the meaning
of contract language.
Also, the
specific contract language would be relevant as conduct that constitutes competition is often defined in different ways in different contracts.
«We're using that because we think it's important for our team to understand [ethereum
smart contract language] Solidity and kind of have a sense of what an ERC token looks like, how that would work,» Fabian said.
• Key contributor in several aspects of contract administration and oversee contracting process focused
on contract language adherence, terms and formulary requirements for each agreement.
A famous scene in the Marx Brothers classic 1935 movie, «A Night at the Opera,» features Groucho
reading contract language to Chico: «The party of the first part should be known in this contract as the party of the first part.»
No surprise there — I've looked at a few examples of
model contract language promulgated by trade... [Read more...]
Computable
contract language becomes more valuable to the legal sector, once we start using «smart contracts» that are self - executing.
If you're making decisions regarding
contract language without consulting it, odds are you're copy - and - pasting, relying on flimsy conventional wisdom, or improvising.
Once paragraph 11.4 was changed to the
new contract language and that new contract was signed, I believe it would have been more difficult, if not impossible, to claim ownership of that content.
Computable contract language becomes more valuable to the legal sector once we start using «smart contracts» that are self - executing, whether they are connected to a blockchain or not.
The case highlights the implications of noticing circumstances under a prior policy; negotiating terms on an urgent basis without full due diligence; binding and issuing policies prior to finalizing the precise endorsement wording; and the difficulty of
ensuring contract language properly captures the parties» intentions without ambiguity.
Today, we're delighted to release an open - source compiler and developer environment for writing Bitcoin smart contracts using Ivy, a smart
contract language developed at Chain.
Izumi also observed, «In addition to misguided government regulation, teacher unions in California have
advocated contract language that would prevent the efficient and widespread use of online learning technologies.
What I do instead: Once people have joined my list, my thank - you message and page tells them that I believe every professional author should learn how to read
basic contract language.
The Bargaining Team is expected to share new details about proposed
contract language which includes a number of victories for teachers, paraprofessionals, clinicians, and students.
A loose - leaf service providing the latest changes and innovations in contract clauses, the updated comprehensive Third Edition of Contract Clauses is the authoritative guide to learning what clauses to negotiate, how to
draft contract language, and how the language you use will be interpreted by arbitrators.
Vyper is a smart
contract language paradigm deriving from Python 3 syntax and conventions and targeting the Ethereum Virtual Machine (EVM).
Geared to help summer food sponsors who are working to improve the quality of meals they serve to children, this guide outlines three key strategies to improve meal quality:
strengthening contract language, improving vendor communication, and increasing competition on a bid.
Later, Edelstein told the jury that he checked out Singh thoroughly — and the most crucial thing he found was
contract language assuring his company would be paid back by the town if Singh went bust.
Similarly, when it becomes necessary to fill a classroom vacancy or to remove an ineffective teacher, district officials are often hobbled
by contract language.