Sentences with phrase «contract as a contingency»

Always write one into your real estate purchase contract as a contingency.

Not exact matches

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
Consistent with the Hoover Report's recommendations that the United States had to reconsider «long - standing American concepts of fair play» and «learn to subvert, sabotage and destroy our enemies,» the shadow government built alliances between U.S. government officials, the Mafia, and international drug cartels; assassinated many thousands of civilians in Southeast Asia; carried out or attempted assassination of foreign leaders; trained death squads and secret police forces; worked to shore up unpopular dictators like the Shah of Iran and the Somoza dictatorship in prerevolutionary Nicaragua; worked to destabilize «unfriendly» governments such as Allende in Chile and the Sandinistas in Nicaragua; cooperated with the Colombian drug cartel to plot the assassination of the former U.S. ambassador to Costa Rica, Lewis Tambs, with the intention of justifying a U.S. invasion of Nicaragua by blaming his death on the Sandinistas; contracted with the Reagan administration and the National Security Council to find ways of circumventing a congressional ban prohibiting aid to the contras, including the trading of arms to Iran in exchange for hostages and money for the contras; illegally shipped weapons from the United States to the contras and allowed returning planes to use the same protected flight paths to transport drugs into the United States; 11 targeted the U.S. people for disinformation campaigns; and helped prepare contingency plans for declaring a form of martial law in the United States that would have formally suspended constitutional freedoms.
If your contract with a seller includes a home inspection as a contingency, you have the legal right to back out of the purchase if your inspection reveals substantial damage the seller did not disclose.
As an example, if you are a buyer that is buying with a contingency on your home closing and there are multiple offers then take the contingency out but leave the financial contingency in the contract.
A home under contract with no contingencies is as good as sold, as the only way out for the seller or the buyer is default.
Contingencies essentially give a buyer the right to back out of the contract in certain cases, such as if they have problems obtaining financing, if problems are found during a home inspection or if the house doesn't appraise for the contract amount.
Contracts should contain contingencies regarding any puppy sold as a show prospect which subsequently develops a congenital or disqualifying defect.
Standardizing retainer contracts for personal plight matters would assure consumers that they will get the same set of fair terms from each firm on issues such as disbursements and calculation of contingency fees.
What does the contract say about contingencies such as the project being cancelled?
If you feel as though we are the right personal injury attorneys for you, our firm will write up a contract and begin working on your case on a contingency basis.
Most personal injury lawyers who handle personal injury cases (such as car accidents) are contracted on a contingency fee basis (no - win, no - pay).
Other arrangements such as an agreement to pay a contract attorney a fixed percentage of a contingency fee would not fall within this exception and would therefore be subject to the requirements of 2 - 200.
This must include details about whether the state has sufficient legal and financial resources to handle the matter on its own without a contingency fee contract; the expected time and labor required, as well as the complexity and skill necessary to handle the issues; and the amount of experience desired for the particular attorney services and the nature of private attorney's experience with similar matters.
Yet, unlike lawyers who handle far more complex cases, they are the ones most likely to present clients with a Standard Contingency Fee contract as a fait accompli.
If included in the contract, some other contingencies, such as a critical illness or a terminal illness can also trigger the payment of benefit.
Smartronix (CA & MD) 08/2004 — 12/2008 S6 Information Systems Coordinator • Serve as Section Chief and Contract Lead at the MCNOSC providing overall support for the MCNOSC IT Systems • Manage the network, servers, switches, applications, and information and infrastructure security • Utilize DoD applications for network scanning and remediation of the classified and unclassified networks • Develop plans, procedures, and policies to directly support and defend the MCNOSC Network from security threats • Oversee the MCNOSC's PKI (public key infrastructure) and integration with the MCNOSC services with the coordination of recovery strategies with the Alternate Network Operations and Security Center (AltNOSC) • Determine minimum processing requirements for recovery site and provide guidance for recovering infrastructure processing • Provide technical input to the Contingency of Operations (COOP) Plan ensuring all activities, resources and procedures required to recover critical IT infrastructure processing are accurate • Manage the day to day support of the MCNOSC Infrastructure, supervising a team of IT service contractors • Perform complex repairs, upgrades, hardware configuration, and end user training • Serve as project manager for the transition and deployment of the MCNOSC's NMCI plan • Oversee the planning and build out of the network and MCNOSC's new Headquarters and Operations Center • Coordinate with local contractors to ensure timely delivery of the network • Design and coordinate the build out of the MCNOSC Internal Data Center, Server Room, and Testing Lab • Coordinate the movement to the MCNOSC's newly built Operations Center and Head Quarters • Install cabling, servers, racks, environmental controls, a / v systems, and other technical equipment • Develop the MCNOSC IT Lifecycle management for the LAN and other IT devices • Serve as project manager for the MCCDC (Marine Corps Combat Development Center) Studies and Analysis Division and the MCCLL (Marine Corps Center for Lessons Learned)
• Organized specialized services such as contingency planning, emergency response planning, emergency unit van response, laboratory contracting and equipment acquisition.
Neil Jacobson and Gayla Margolin, psychologists at the University of Washington and University of Southern California respectively, were the ones who operationalized and researched this as a model of couples therapy in which people learned to be nicer to each other through contingency contracts, communicating better, and improving their conflict - resolution skills.
Any number of contingencies can be written into a real estate contract (as every transaction is unique).
That means if a buyer simply gets cold feet, he can't use a contingency as a way to worm out of a contract.
While cash is the best, using hard - money can allow you to be more aggressive in your offer: shorter close time and you can strike the financing contingency (we have those in our TX contracts; be comfortable with the house as well as your lender if you do this) even though you are financing.
If you deal with any FC matter your contract better be customary for the area, clean, without BS contingencies and show up as a valid, good faith contract.
In addition to the contract, you may need to add one or more attachments to the contract to address special contingencies — such as the buyer's need to sell a home before purchasing.
The sad reality is some RTO investors don't offer as much support to the client or build contingencies and flexibility into their contracts.
Leave Time to Handle Standard Contingencies: The typical purchase contract may have several contingency clauses, for such things as a home inspection, attorney's approval, obtaining financing and even the sale of the buyer's current residence.
«However, those buyers who utilized other types of contracts (such as an AS - IS) or who included minimal contingencies and wish to cancel the contract should consult with a real estate attorney.&raquas an AS - IS) or who included minimal contingencies and wish to cancel the contract should consult with a real estate attorney.&raquAS - IS) or who included minimal contingencies and wish to cancel the contract should consult with a real estate attorney.»
The issue likely to come up, would be if the listing sold or «firmed up» as to contingencies during the «dead contract» period, while waiting for the new one in place to be «processed» into the system.
As associates communicate with clients, they should mention what's happening on a contract or on any contingencies.
First day on the market I submitted a contract via my agent at 145K cash offer 30 day closing 25 % EMD AS IS with inspection contingency.
In fact, pursuant to the terms of the contract, if the loan contingency has expired and you fail to close the purchase transaction, you could lose your earnest money deposit and not have the failure of obtaining loan approval to lean on as an excuse.
However, there are other important contingencies your agent should consider adding to the contract as addendums:
Coldwell Banker Village Green Realty v. Pillsworth (32 A.D. 3rd 568 [3rd Dept.]-RRB-- Order of the Supreme Court granting broker's motion for summary judgment affirmed; in the absence of an agreement to the contrary, the broker's right to a commission is not contingent upon performance of the underlying real estate contract, receipt by the seller of the sale price, transfer of title, or even a formal execution of a legally enforceable sales contract; seller could not utilize the provisions of a subsequently executed sales contract wherein seller agreed to pay broker's commission «if and when title closes» as a bootstrap to avoid her obligation to the broker under the clear and unambiguous provisions of the listing agreement as such language was contained in the contract of sale prepared by counsel and to which broker was not a party; provisions in listing agreement that seller would accept a binder or purchase contract contingent upon purchaser's ability to obtain conventional financing and provided any other contingencies in the binder or purchase agreement are acceptable to the seller speak only to the type of purchase offer that seller was obligated to accept and does not alter or otherwise qualify broker's right to a commission
The buyer will probably ask for the purchase contract to include certain standard seller responsibilities that could also be categorized as contingencies:
For example, borrower's looking to close quickly without a financing contingency in their purchase contract could use a placeholder loan to close in as little as a few weeks for a loan term as short as 30 days at rates from eight to twelve percent.
Steven G. Walther, Inc. v. Taranto (16 A.D. 3d 1076) buyers procured by broker remained ready willing and able to complete the purchase pursuant to the terms of the purchase contract thereby entitling broker to its commission where purchase and sale contract addendum made the offer contingent upon the sale of buyer's existing residence; pursuant to the addendum, seller received another purchase offer, he was entitled, upon notice to the buyers, to accept the offer and cancel the contract with the buyers unless they removed the sale and transfer of title contingency within three days after receiving such notice; buyers could remove the contingency by demonstrating in writing that they had accepted a mortgage loan commitment which does not require the sale and transfer of title of their property as a condition of the mortgage loan funding; buyer complied with such requirement, even though mortgage loan commitment was subject to additional conditions not prohibited by the contract; judgment for broker.
As a buyer, another important consideration when drawing up the earnest money contract is which contingencies to include, which give you the right to terminate the deal if certain requirements aren't met.
If no lender is involved, you can ask the title company (if they have an inspector for construction disbursements) to check off on it as a contract completed matter, or you can check it off yourself and release the seller from the contingency if necessary.
The only time that a real estate salesperson is in selling mode is when he / she is attempting, via sales talk, to influence a seller or buyer to agree to use his / her services on a contingency basis, either via prescribed written contract (listing) or via the legal concept known as ratification (regarding a buyer).
As the DD period winds down without raising $ 800,000, he starts to realize that if he removes his contract contingencies without knowing how or where he's going to raise the money, he could lose his $ 50,000 earnest money deposit.
I think the inspection is one of the most important contingencies in the sales contract and have seen far too many transactions almost fall apart when there is not clear and concise communication between the buyer's agent & listing agent when it comes to negotiating items that come up as a result of a home inspection.
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