Both Howard and Alsip are warning to employers who utilize fixed - term agreements that clear and unambiguous
early termination provisions are necessary to avoid costly pay - outs to employees.
Not exact matches
There is no requirement for mark - to - market
termination payments, under most monoline standard
termination provisions, upon the
early termination of the insured credit default swap.
The law specifically waives any
early termination fees and lease buyout
provisions, though the tenant is still responsible for any rent due through the
termination date of the lease.
A lawyer may assert that she always reviews any
provisions in an equipment lease relating to
early termination penalties with lessee clients; but if asked to recall the details (when?
The Court of Appeal held that when the employer terminated a fixed term employment contract, without cause, and there was no enforceable
provision for
early termination without cause, the employee was entitled to the compensation that he would have received to the end of the employment contract.
[64] The defendant argues, and I agree, that the «fixed term» and the «
early termination»
provisions are logically and textually independent of each other.
The law specifically waives any
early termination fees and lease buyout
provisions, though the tenant is still responsible for any rent due through the
termination date of the lease.
If the lease is a fixed period, say 1 yr, then its
provisions control the tenant notice period and an
early lease
termination obligates the tenant to pay for the lease remainder time.