Sentences with phrase «enforce the contract on»

Not exact matches

It does this using smart contracts, a computer protocol based on Ethereum's blockchain technology that facilitates and enforces a contract or exchange.

More conditional on infrastructure development is the possibility of «smart property,» with contracts enforced by digital locks interacting with the Bitcoin blockchain to manage real - world leases, mortgages, and purchase contracts.

A P2P lending system built on DLT guarantees a time - stamped and permanent record of debts and credits, enforced by smart contract for validation and verification of user identities by cryptographic signatures.

Based on different computer languages (Solidity, Serpent, LLL, and Mutan), smart contracts are all - encompassing computer protocols, not only defining the parameters and penalties governing transactions, but automatically enforcing them as well, ultimately, eliminating «downtime, censorship, fraud or third - party interference.»

Contract law, for example, provides that by doing or saying certain things people can make binding agreements with one another that will be enforced by judicial authorities in the event that one or more parties fail to follow through on the agreement.

On Ethereum, tokens are also known as smart contracts that are intended to digitally facilitate, verify, or enforce the negotiation or performance of an agreement.

However, the smart contracts can be enforced on - blockchain.

Of course, government was needed to provide law and order, to enforce contracts, and to require honesty on the part of the market actors.

Discussing and enforcing this contract will help you protect your child on the internet.

The World Bank Ease of Doing Business rankings assessed countries based on 11 indicators such as starting a business, access to a credit facility, registering a property, access to electricity, paying taxes, protecting minority investors, trading across borders, enforcing contracts and resolving insolvency.

In Singapore, the top ranked country on the index, it takes 150 days on average to enforce a similar contract.

«The contract is not being properly enforced and it's led to illegal concerts and illegal parking on parkland, traffic problems and parkland being used for disgusting video shoots that promotes gun violence and misogyny.»

The rules will be enforced informally by society according to local customs (like queuing in line), or by paid enforcers based on contracts.

This provides Cash with more power to enforce contract changes, such as a longer school day, but a legal fight appears to be on the horizon.

These rules are incorporated in a «Directive» which, converted into legal obligations in the UK through Regulations, place particular duties and responsibilities on all public spending contracting authorities which the UK courts can enforce.

Only those with adequate level background investigations are granted access to sensitive information — and this requirement is enforced on the contractors through clauses incorporated in the contracts issued by FAA.

Don't expect to haggle on this price, as most dealers enforce the retail price of these warranty contracts.

So an oil future could be a contract enforcing the purchase of 100 barrels of oil at $ 25.00 / barrel on June 30, 2016.

It depends on the contract but generally adding a «signed under seal» will enforce a longer statute of limitations.

Upon learning of the installment land contract, defendants decided to enforce the «due - on» provision.

We surveyed municipal shelters regarding general practices and asked for 1) the number of animals received, 2) the number euthanized, 3) method of euthanasia and carcass disposal, 4) what agency typically handles cruelty complaints, 5) are animals adopted out already altered or with a spay / neuter contract, 6) if a contract is used, is it enforced, 7) an estimate on number of calls for help from outside of jurisdiction, 8) is there a tag and / or spay neuter ordinance and, 9) is it enforced?

Enforce contract rights on behalf of, and against, government bodies and agencies, including contractor delays and liquidated damage recovery litigation on behalf of government agencies

However, the case was appealed and while the appeal court ultimately decided that the separation agreement was void as against public policy, it also noted that courts needed to use caution in finding contracts to be void as contrary to public policy so that the doctrine does not «unduly impinge on the basic right to enforce engagements freely and voluntarily made.»

There is no public policy to refuse to enforce an award based on a contract during the course of the performance of which there has been a failed attempt at fraud.»

You need to ensure that, if a dispute should arise and your client should ever need to enforce his rights in court or through arbitration, he would be able to do so by relying solely on the wording of the contract.

Pursuant to the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (The New York Convention of 1958), which has been acceded to by 156 countries so far, arbitral awards may be recognised and enforced in these contracting states.

Contracts are written on the assumption that the courts are available to help parties enforce their agreements.

In addition, the Court noted that restrictions on post-sale activity can be enforced as a breach of contract.

Acting for a FT250 insurer (one of the world's leading providers of insurance, reinsurance and employee benefits) in High Court, Queen's Bench Division proceedings to obtain interim injunctive relief preventing a departing senior executive from joining a competitor based on enforcing the negative obligations in his contract of employment.

It would be quite inadequate protection to consumers if a court on a general challenge, having found a term as used in current contracts to be unfair, had no power to prevent the supplier or seller from continuing to enforce that term in current contracts.

[123] If the exclusion clause is held to be valid and applicable, the Court may undertake a third enquiry, namely whether the Court should nevertheless refuse to enforce the valid exclusion clause because of the existence of an overriding public policy, proof of which lies on the party seeking to avoid enforcement of the clause, that outweighs the very strong public interest in the enforcement of contracts.

I noted in a more thorough analysis on Pro and Contracts that the statutory language being enforced by Minnesota also provides no guidance on enforcement — or even for how the law or penalties would pragmatically apply to this situation.

But is a Consent Decree entered by the Court the same as a contract, and is a proceeding to enforce a fee provision in a Consent Decree an «action on a contract» triggering recovery of attorney's fees under Civil Code section 1717 rules and standards?

International Arbitration and Forum Selection Agreements: Drafting and Enforcing, Fourth Edition Drawing on a wealth of practical experience and academic analysis, this extensively revised and expanded fourth edition offers model arbitration and forum selection clauses for international contracts and explains the advantages and disadvantages of different approaches.

Though «incremental» in nature the new principles are likely to have a profound effect in the coming years on the manner in which we negotiate, manage, and enforce contracts.

This decision has been the subject of considerable discussion among arbitration practitioners: as was discussed several months ago on Slaw, the case raises a number of difficult questions about how international arbitration and Canada's treaty obligations in that respect interact with local procedural law — specifically limitation of actions — when seeking to enforce the award, and more generally whether foreign judgments and arbitral awards should continue to be treated, for limitations purposes, as mere contract debts.

On November 26, 2012, Blackwood filed a statement of claim against Brook alleging breach of contract and asserting it brought the action «to enforce the lien as provided in the Mechanics» Lien Act».

Attorney obtained dismissal on preliminary objections for lack of personal jurisdiction over n out of state businessman with regard to a commercial transaction involving an in state resident who sought to enforce a contract clause which he claimed...

Ten of these areas are included in this year's ranking on the ease of doing business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency.

Successfully representing a large broking house in litigation enforcing a seven figure liquidated damages clause on the no show of a rainmaking broker recruited from a competitor — the leading case on the enforcement of liquidated damages clauses in employment contracts.

A recent decision of the Ontario Court of Appeal (ONCA) has provided clarity in the debate over the validity of termination clauses in employment contracts that are silent on continuation of benefits through the statutory notice period.In Oudin v. Centre Francophone de Toronto, 2016 ONCA 514, the ONCA enforced a termination clause that set out the notice period in case of dismissal but did not mention benefits continuation.

The Court rejected the appellant's reliance on the Ontario Court of Appeal's decision in Roden v. Toronto Humane Society.12 In Roden the Court enforced a contract that provided the employee would be provided with the minimum amount of notice «or payment in lieu thereof as required by the applicable employment standards legislation.»

At trial Dana Gas instead sought to rely on the more general principle that, as a matter of public policy, the English Courts will not enforce a contract which is entered into for a purpose which is unlawful under the law of a friendly state.

The case is a very important one for all lawyers involved in negotiating, advising on, and enforcing contracts.

In some respects, this innovation borders on changes in substantive law and how contracts get formed and enforced.

In Catania, the Ontario Court of Appeal determined that «Canadian courts do have jurisdiction to enforce rights affecting land in foreign countries if those rights are based on contract, trust or equity, and the defendant resides in Canada.

Settlements reached using ODR are nothing more than transactions, i.e.: «contracts by which the parties prevent a future contestation, put an end to a lawsuit or settle difficulties arising in the execution of a judgment, by way of mutual concessions or reservations» (as defined in section 2631 of the Quebec Civil Code), and they are deferred to and enforced by the Courts on a regular basis.

If you have lost your job for any reason, were accused of misconduct, have questions about severance packages or received an employment contract or an agreement containing any release clauses Whitten and Lublin Belleville can help review your documents and advise you on how to proceed to protect and enforce your legal rights.

One obvious candidate in this category is enabling machine - to - machine commerce, where contracts articulated using code and which can be «enforced» without relying on legal entities might be ideal.

In a previous article, I articulated a distinction between smart contract code - a program or script executed on a blockchain - and smart legal contracts, the use of smart contract code to define and enforce a legal agreement.