Sentences with phrase «irrevocable agreement»

Once both you and your spouse sign the agreement, it is a binding and irrevocable agreement that gets filed with the court with your divorce decree.

(3) For the purposes of section 67 and section 132, an irrevocable agreement in writing referred to in subsection (1) shall have the same effect as a collective agreement.

All matters that do or may arise, in any way relating to the use of this Web Site, are subject to and shall be governed, construed and enforced exclusively in accordance with the laws of the country of Canada, as those laws apply to contracts made in Canada, and which are wholly performed in Canada by persons domiciled in Canada and your use of this Web Site is and shall be deemed to be your irrevocable agreement to be subject to the laws and jurisdiction of the country of Canada.

Not exact matches

As the shareholder whose children are in the business, you purchase the life insurance that originally supported the buy - sell agreement and put it into an irrevocable life - insurance trust.

Through an agreement with a DAF provider, a donor creates a specially named account (i.e. «Smith Family Fund») to which irrevocable contributions are made.

Oct. 24: In a letter to Mei, Garry says the town's obligations under a proposed amendment to SRB's concession agreement «are irrevocable,» and that the town agrees it will repay a $ 7.8 million loan within 30 days if SRB defaults.

You should visit this page regularly and review this Agreement for the current terms of this Agreement, since your continued access or use of the Service will be deemed as an irrevocable acceptance of any such changes, modifications or alterations.

You grant to A&A Printing, throughout the term of this Agreement, a nonexclusive, irrevocable, right and license to distribute Printed Books & Digital Books, directly and through third - party distributors, in all digital formats by all digital distribution means available.

Such a clause grants the agent the exclusive, irrevocable right to represent the works subject to the agreement for the ENTIRE TERM of those works» copyright.

To make sure the taxman agrees that your account is really a trust, you should sign an agreement stating that deposits to the account are an irrevocable transfer of property to your child and that you agree to never take the money back or direct what happens to it.

The irrevocable life insurance trust agreement includes the terms of the trust AND designates certain younger beneficiaries to receive the trust assets upon death.

An irrevocable life insurance trust is a trust agreement that should be drawn up by an experienced estate planning attorney.

A deposit account held in connection with an irrevocable trust established by statute or a written trust agreement

Now I read that even if a piece is sold, the artist: 1) Isn't informed about shipping addresses; 2) Isn't assured that they have or will be paid; 3) Is responsible for paying the buyer's sales tax bill; 4) Presumably is required to forward sales tax funds to the buyer's state department of revenue; 5) Has money / time invested in shipping a parcel to a potential buyer who may or may not return the art a week later (like a toaster oven); 6) Has language like the following within their user agreement: royalty - free, sub-licensable through multiple tiers, perpetual, irrevocable, worldwide right and license to use, reproduce, distribute, modify, translate, create derivative works from, publish, publicly perform and publicly display such User Content and any names, likenesses or trademarks depicted in such User Content, in any media now known or later developed, only for the purposes of developing, promoting and providing the Site.»

And we could very soon be on an irrevocable path to 2 degrees of warming, they continue, unless countries dramatically up their pledges to cut emissions under the Paris climate agreement — an agreement Trump has said he would «cancel.»

Instead, usually, a term of service agreement will do exactly the opposite and give a site owner an irrevocable right to keep your data forever.

My estate planning practice includes drafting documents including wills, revocable trusts, powers of attorney, health care directives, pre - and post-marital agreements, irrevocable life insurance trusts (ILITs), intentional defective grantor trusts (IDGTs), grantor retained annuity trusts (GRATs), all types of partnership agreements and documents related to the formation and operation of limited liability companies (LLCs).

Even the realtors» standard agreements of purchase and sale purport to be «sealed,» in order to make an offer irrevocable.

This Trademark Assignment Agreement Form provides for an irrevocable assignment of marks for a fixed price as a stand alone transaction or as part of a broader transaction.

It has been a long standing practice in family law to include provisions that a support recipient be named as an irrevocable beneficiary in separation agreements and court orders.

And surprisingly, some vendors do not understand certain basic aspects of their legal agreements — for example, whether a «perpetual» licence means they can then terminate the agreement and claw back the software from the customer or whether that use is truly irrevocable.

The Federal Arbitration Act (the Act) makes arbitration agreements «valid, irrevocable, and enforceable, save upon such grounds as exist at law or in equity for the revocation of any contract,» 9 U.S.C. ¶ 2, establishes an equal - treatment principle: A court may invalidate an arbitration agreement based on «generally applicable contract defenses,» but not on legal rules that «apply only to arbitration or that derive their meaning from the fact that an agreement to arbitrate is at issue,» AT&T Mobility, LLC v. Concepcion, 563 U.S. 333, 339.

Mr. Hafen's practice includes advice regarding sophisticated tax, estate, asset protection, and business planning strategies, including the preparation of documents such as wills, living trusts, durable powers of attorney, healthcare directives, asset protection trusts, irrevocable life insurance trusts, gift programs, grantor retained annuity trusts, education trusts, family limited partnerships and limited liability companies, generation - skipping transfers, charitable giving, charitable remainder trusts, private foundations, property agreements, and prenuptial and postnuptial agreements.

The attorneys at Curran Law are well versed in legal matters such as: commercial & residential real estate acquisitions, sales, and litigation; business formation and business litigation; landlord and tenant matters; contracts and agreements; personal injury; wrongful death from product liability, automobile, truck, and other accidents; divorce, child custody, wills, irrevocable and revocable trusts, and other family law matters; criminal defense of felony and misdemeanor charges, traffic offense, as well as many other areas of practice.

In Bielny, the separation agreement required the insured to name the children of the first marriage as irrevocable beneficiaries.

As mentioned in the irrevocable definition above, any terms and conditions defined in the agreement can not be amended in the future unless by court order.

In Fraser v. Fraser, the trial judge found on the facts that the terms of the separation agreement requiring the insured to maintain the plaintiff as beneficiary were tantamount to an irrevocable designation.

To give you a simple irrevocable definition, once the terms of the trust agreement have been written, they can not be amended for any reason in the future (except by court order).

You might be seeking to protect your family as the primary bread winner or trying to fund a buy sell agreement, purchase key man business insurance, or fund an irrevocable life insurance trust.

And on certain life insurance policies, such as those used to fund buy sell agreements, irrevocable life insurance trusts or key person business insurance, a better rate class may mean thousands of dollars in savings.

If a policy has an irrevocable beneficiary, any beneficiary changes, policy assignments, or cash value borrowing would require the agreement of the original beneficiary.

Income Protection Agreement — provides an irrevocable settlement option, that pays the death benefit over a period of years, which provides for greater cash accumulation and a benefit stream for beneficiaries (rather than a lump sum).

The irrevocable life insurance trust agreement needs to be written to include the terms and conditions that are important to the trustmaker.

The irrevocable life insurance trust agreement includes the terms of the trust AND designates certain younger beneficiaries to receive the trust assets upon death.

Indexed Universal Life or Survivorship Universal Life are excellent vehicles for estate planning, such as funding irrevocable life insurance trusts and business planning purposes, such as key man insurance and buy sell agreements.

In addition to finding an irrevocable life insurance trust to avoid estate taxes, guaranteed universal life insurance can also be used to leave a tax - free inheritance, fund a buy - sell agreement, fund a special needs trust, or maximize a pension.

Unless you enter into a separate written agreement with the Company, the Company does not claim ownership in Materials you submit, however, by submitting Materials in any form to the Company, in addition to other provisions of the Terms, you automatically grant Company a royalty - free, world - wide, irrevocable, non-exclusive, and assignable right and license to use, copy, reproduce, modify, adapt, publish, edit, translate, create derivative works from, transmit, distribute, publicly display and publicly perform such Materials for the purpose of displaying and promoting the Materials on any website operated by, and in any related marketing materials produced by, the Company and its affiliates.

Furthermore, the separation agreement set out the husband's obligation to maintain a life insurance policy naming the wife as an irrevocable beneficiary.

Your separation agreement should state that the beneficiary designation of your spouse's life insurance policy is irrevocable, so that it can't be changed later on without your knowledge.

Some syndication agreements include very broad licensing terms, such as «perpetual,» «irrevocable,» «royalty - free,» and «for any purpose whatsoever.»

All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserved.»

It also complies with the Registrar's Bulletin on failed agreements because the irrevocable direction is agreed to by both parties to the agreement.

«The Seller agrees in the event that the Buyer does not waive the conditions within the dates and times as set out in this agreement and its amendments, the Seller gives the Deposit Holder, the Brokerage or other Party holding the deposit an irrevocable direction to release the deposit to the Buyer without the necessity of a Mutual Release signed by either Party.»

Manhattan Apartments, Inc. v. Matera (10 Misc.3 d 133A)-- small claims judgment in favor of broker affirmed; broker's responsibility was fully performed upon tenant's signing of lease agreement, at with point the earned commission became irrevocable; the fact that landlord ultimately agreed to relieve tenant of his leasehold obligations due to noise concerns had no bearing on broker's entitlement to recover the agreed upon brokerage fee; record contains no indications that broker / tenant agreement incorporated any condition that tenant was looking for a «quiet» apartment.