federal tax rate on modified endowment contracts
Application
The provision benefits future parties who may take over the contract.
limitation of liablity
The provision in a contract mandating that all disputes arising under the contract be settled by arbitration is called a binding arbitration clause.
contract is terminated
A contract provision that relieves a party to the contract from liability is known as
I declined the contract due to a certain provision. It may take all day to provision the boat.
Provision of services is like a contract that is made between two people or organizations.
A universal provision is something that is offered to everyone. For instance, if a service is offered to the entire population it may be called a universal provision of that service.
EPC contract is an Engineering, Procurement and Construction contract that comprises entire project starting from designing, planning, procurement from third parties, clearance of goods, delivery, provision of spare parts, erection, commissioning, testing, completion of facility and correction of defects etc. BOT contract is a built, operate and transfer Contract which also comprises total responsibilities to build the entire project and after operating the project, transfer the same to the Owner of the project. Karuna Kumar
Am looking for either (Permanent or contract) but still I will prefer Permanent if I have a choice.
The Severance Clause, also known as a Severability Clause, is a legal provision that may be included in a contract or legislation that states that if part or parts of the contract or legislation is determined to be invalid, unenforceable or unconstitutional that the remainder of the contract or legislation is still valid or in effect. If a contract or legislation does not include a Severability Clause and any part of is ruled to be illegal or unenforceable then the entire contract or legislation is voided.