Firstly, seller agents who agree to entertain
these types of clauses from a buyer would in effect be violating the RECO obligation to keep all the details of the other buyer offers including price private.
Not exact matches
Jimmy John's noncompete
clause reportedly states: «Employee covenants and agrees that, during his or her employment with the Employer and for a period
of two (2) years after... he or she will not have any direct or indirect interest in or perform services for... any business which derives more than ten percent (10 %)
of its revenue
from selling submarine, hero -
type, deli - style, pita and / or wrapped or rolled sandwiches and which is located with three (3) miles
of either [the Jimmy John's location in question] or any such other Jimmy John's Sandwich Shop.»
Many firms have «sin
clauses» with their financial backers that outline the
types of companies they are strongly discouraged
from backing, such as adult entertainment outfits.
The U.S. Supreme Court has held that the Free Exercise
Clause prohibits the government
from discriminating on the basis
of a religious tradition or denomination, but the court has not been clear in saying what
type of discrimination this includes.
today is November 2014 and this comes
from the state
of Illinois, US I have received a mortgage preapproval letter that contains the following
clause: The
type of loan chosen is FNMA Agency 30 Yr...
There are two main
types of restrictive covenant
clauses in employment agreements: non-solicitation provisions (in which the employee is preventing
from soliciting customers or employees
of the former employer for a time, but can compete generally) and non-competition
clauses (the employee is prohibited
from competing against the former employer, usually for a defined period and within a defined geographical area).
We advise on all aspects
of arbitration,
from drafting suitable
clauses to advising on the
type and seat
of arbitration, the formation
of a tribunal, arbitral procedure and enforcement
of the award.
«You load them and Luminance will immediately tell you what they are, where they are
from, which countries they are represented in, what languages and what
type of documents they are, what
clauses are contained within them, and flag up likely areas
of hidden risk.»
For this reason, insurance companies add the «Graded Death Benefit»
clause to their final expense policies so that they can avoid insuring someone who is simply days away
from dying
from a natural cause (heart attack, cancer, stroke, etc, etc...) Now, since nobody can predict an accidental cause
of death such as a slip and fall, motor vehicle accident, victim
of crime, etc, etc... these
types of deaths would be immediately covered without needing to survive beyond the 2 or 3 year waiting period (the graded death benefit).
The reason that you will find this
clause particularly attractive is that somewhere along the line you may find that you have developed some
type of ailment that would prevent you
from purchasing additional life insurance.
It's also important to note that within most if not all Graded Death Benefit
clauses, there will or at least there should be some
type of language that refers to what happens should someone die
from natural causes during the graded death benefit exclusion period.