Limit of retention is the maximum amount that can be retained in the construction contract. Suppose the retention % is 5% and limit of retention is 10%. On a contract value of Rs100.00. The first claim amounts to Rs20.00. Retention is Rs1.00 and net payment is Rs 19.00
Losing party will pay some, but not all, costs. Each side is responsible for their own attorneys fees unless there is an attorneys fees provision in the contract.
The contract should detail all fees, charges, rights, and responsibilities. If it fails to do this then contact the company and ask relevant questions
A retention bond refers to a percent of contract value retained until work is finished. The performance bank guarantee is used to secure completion of conditions in the contract.
No.
Because you can transfer your membership, which benefits both parties. The seller gets out of their contract and the buyer avoids the joining fees, and gets a shorter contract. (There is a fee for transfer but it's less than the joining fees and the exit fees.)
None. There are a select few ways to get out of your contract. You have to roam off network over 75% of use. If your company changes its fees such as administrative fees you have 30 days to cancel without penalty, if you express that is your reason.
Including a prevailing party attorneys fees clause in a contract means that if one party wins a legal dispute related to the contract, the other party may have to pay their attorney fees. This can incentivize parties to resolve disputes outside of court and can impact the cost and risk of litigation.
Yes, but with a lot of early termination fees.
It depends on what company you go to, but there can always be hidden fees with any company. Look at the fine print in the contract to make sure you aren't paying installation fees and you aren't locked in a long contract (unless that's what you want).
Just jailbreaking your iPhone won't mess up or void your contract. It will void your iPhone's warranty from Apple.Installing apps which allow you to tether your iPhone without paying the extra monthly tethering fees is violating the terms of your contract. There may be penalties, including contract termination and fees, if you are caught.
Including a prevailing party attorney fees clause in a contract means that if one party wins a legal dispute related to the contract, the losing party may have to pay the attorney fees of the winning party. This can incentivize parties to resolve disputes outside of court and can impact the cost and risk of litigation for both parties.