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"Within 30 days of termination" in a contract means that any actions, obligations, or notifications required by either party must be completed within 30 days after the contract has officially ended. This timeframe typically includes final payments, return of property, or fulfillment of any remaining duties. It sets a clear deadline for both parties to settle their affairs following the termination of the agreement.
What else can I help you with?
What does terms of Net on a contract mean?
If you mean on a contract that you need to pay (invoice), it probably has something like 2/10 net 30. If this is what you are talking about it means that you can take a 2% discount if it is paid within 10 days, otherwise the "net" amount is due in 30 days.
What does within 15 days of the accepted contract date mean?
"Within 15 days of the accepted contract date" means that certain actions or obligations must be completed within a 15-day period starting from the date the contract is officially accepted by all parties involved. This timeframe is typically used for tasks such as making payments, submitting documents, or fulfilling specific conditions outlined in the contract. It emphasizes the importance of timely compliance with the contract terms following acceptance.
What does an active release clause mean when buying real estate?
An active release clause is a part of the contract between the Buyer and Seller allowing for the termination of the contract based on the specific terms detailed as part of the contract.
What does within 7 days mean?
In seven days something will happen
What does early termination fee-up to 200.00 mean for a sprint phone?
It means if you don't keep the account active and current for the two-year contract, the company will charge you $200.00.
What does date of acceptance mean on a real estate contract?
The date when the signed contract has been delivered to the agent or the seller/buyer. This may now include e-mail as well as faxed copies. This date usually starts the clock on deadlines in the contract, which are often expressed as "within 14 days of acceptance...." etc.
What does the right to cure default mean and how does it apply in contractual agreements?
The right to cure default means that a party who has breached a contract is given the opportunity to fix the breach within a specified time period before facing consequences. This right is often included in contractual agreements to give the breaching party a chance to remedy the situation and continue with the contract. If the breaching party successfully cures the default, they can avoid further penalties or termination of the contract.
What is the termination policy mean that?
A termination policy outlines the procedures and conditions under which a contract, employment, or agreement can be ended. It typically includes the grounds for termination, notice requirements, and any obligations that must be fulfilled by either party before concluding the relationship. Understanding this policy is crucial for both employers and employees to ensure compliance and to mitigate potential disputes.
What are the consequences that one would face in breaking an open modeling contract?
It all depends on the agency and what is stated in the contract, which is why it is important to read your contract before signing it. The most common consequences of breaking a modeling contract include automatic termination from the agency or legal action. But it also depends on what you mean by "open." There is no such thing as an open modeling contract...you may be thinking of a non-exclusive modeling contract, which allows models to sign with other agencies.
What do you mean by tender notice?
To Tender Notice means in basic to GIVE NOTICE of an event. In employment terms tender notice would mean to resign or have a notice of termination of employment given to you. Business terms it can mean to give forwarning of ceasation of a contract, partnership etc
What is termination of life?
Termination of life is the ending of a living thing, also known as death. Termination of life can also mean intentional ending of a living thing, such as euthinasia.
What does 'within 30 days of receipt mean'?
In business it means that an invoice for goods or services supplied by a supplier has to be paid in full within 30 days.
