Sentences with phrase «early termination provisions»

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.
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