Sentences with phrase «obligations of both parties»

Once you have the intent of the agreement, or the purpose, make sure to set forth the key obligations of the parties who will be signing.

The protections and obligations of parties involved in franchises are complex, and involve statutory, common law, and equitable issues.

The historical approach according to which determining the legal rights and obligations of the parties under a written contract was considered a question of law should be abandoned.

All loan agreements must specify general terms that define the legal obligations of each party.

This is the heart of the settlement — the reciprocal obligations of the parties entering into the contract of settlement.

This definition is part of the section on discovery obligations of parties.

It sets out the work to be done by the solicitor and certain other obligations of the parties.

They may not just bond the payment obligation of the party obtaining the bond.

The IT took the view that a concluded contract merely records the mutual obligations of the parties.

On the other hand, a joint application also requires that you combine the debt obligations of each party that are carried in separate names.

It therefore includes any international trade contract in which the reciprocal obligations of the parties are substituted for payment in kind.

Terms that set out the rules, rights and obligations of both parties in order to provide and pay for a service qualify as terms and conditions for the purpose of being a binding contract between the Company and customer.

Answers are found in rights to recapture, a share, if applicable, in profits, and other stipulated rights and obligations of the parties upon any assignment.

«The National Caretaker Committee of the Party, though with limited time in office, has been working tirelessly to meet all the monetary obligations of the Party since its inauguration.

You agree that such storage shall be secure, and further agree that such records shall for all purposes be recognized and admissible in evidence or otherwise to prove the agreements, rights and obligations of the parties pursuant to any such records.

Icelandic legislative intervention then once again impacted the rights and obligations of the parties inter se under the agreement.

It states that the duty of the court is «to consider whether it would be appropriate... that the financial obligations of each party towards the other will be terminated as soon after the grant of the decree as the court considers just and reasonable».

An engagement letter is a written confirmation that you have hired a lawyer which also sets forth the contractual obligations of the parties (i.e. the basis upon which attorneys» fees will be charged in the case).

The validity, interpretation, construction and performance of this Employee Confidential Information and Invention Assignment Agreement, and all acts and transactions pursuant hereto and the rights and obligations of the parties hereto shall be governed, construed and interpreted in accordance with the laws of the [STATE], without giving effect to the principles of conflict of laws.

All parties to Nextlaw Referral Network — the Network itself and its member firms, including Dentons — will be subject to a clear, written Membership Agreement that reviews the applicable legal and ethical obligations of the parties and appropriate restrictions on sharing information.

The court also requests that the parties submit a divorce decree that contains the specific order for divorce and includes additional obligations of the parties for the judge to sign.

From the total fair market value of the community assets, the joint obligations of the parties are subtracted, yielding the net community estate.

What is evident is a general distrust of reducing the understanding and obligations of the parties into words, particularly «legalistic» contracts.

Provides information on the content and origin of the provisions of the Cartagena Protocol on Biosafety and the legal obligations of the parties under the Protocol.

A Furnished Apartment Lease Agreement helps you to specify the rights and obligations of each party involved in renting a pre-furnished property.

[43] Historically, determining the legal rights and obligations of the parties under a written contract was considered a question of law (King v. Operating Engineers Training Institute of Manitoba Inc., 2011 MBCA 80 (CanLII), 2011 MBCA 80, 270 Man.

Consideration spells out the financial obligations of both parties.

At the start, each organization worked closely with its local diocese to craft an agreement detailing the new authorities and obligations of each party.

A homebuilder contract spells out who pays which expenses, and when, and the obligations of both parties.

Just like any other contract, you need to understand the OBLIGATIONS of the PARTIES who are the insurance company (insurer) AND the owner (insured) before signing on the dotted line.

The Dec. 1 amendments to the Federal Rules of Civil Procedure underscore the obligation of parties in litigation to provide electronic data in discovery.

Secondly, the protocols created a clear and distinct link between the obligations of the parties to disclose information early and consider alternative dispute resolution (ADR) processes.

This agreement between an employer and employee specifies the rights and obligations of each party.

Justice Firestone agreed and his endorsement in Thomson v. Portelance, 2018 ONSC 1278, enforces the obligation of both parties to select a date and a mediator within 10 days of a party's request to mediate.

In contractual matters, the contract is supposed to clearly define the obligations of the parties.

But what are the obligations of a party seeking to rely on a subject clause to walk away from a deal?

Emphasizes the obligation of the parties to a case, to cooperate and consider the use of alternative private modes of settlement of their dispute before turning to the courts.

While such sales may also give rise to an employment agreement, the obligations of the parties are usually primarily linked to the commercial contract, and thus any restrictive covenants should be afforded broad interpretation.

The terms of each contract determines the rights and obligations of the parties, and in commercial contracts the parties are largely free to decide what these terms should be.

Reviewed by Rocket Lawyer On Call Attorney Anjie Flowers, Esq This agreement between an employer and employee specifies the rights and obligations of each party.

It's a landmark decision that dramatically impacts the obligations of all parties to commercial contracts in Canada.

In such cases, the obligations of both parties can be vague and uncertain.

The appeal is allowed and an interim injunction is granted pending a final determination of the respective rights and obligations of the parties.