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The term "evergreen clause" originated in the context of contracts, particularly in the telecommunications and real estate industries. It refers to a provision that automatically renews a contract for a specified period unless one party gives notice to terminate it. The term "evergreen" symbolizes the idea of perpetual renewal, akin to evergreen trees that retain their foliage year-round. This concept has since been adopted in various contractual agreements across multiple sectors.
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Is evergreen clause legal in Ohio?
Yes, evergreen contracts do you apply to Ohio. However in the year 2011 the state of Ohio set out to cancel out the Evergreen clause.
Is evergreen clause legal in California?
yes
Is evergreen clause in phone contract legal in Texas Can the original 2-year term keep renewing for additional 2-year terms?
Although illegal in some states, evergreen contracts are legal in Texas.
What is a evergreen clause used in contracts?
i wish i know that
Is the Evergreen Clause legal in New Mexico?
No. Per NM PRC.
Where did the term derby originate?
Where did the term derby originate?
What is another word for main clause?
An alternative term for a main clause is an independent clause.
What is another term for a dependent clause?
Another term for a dependent clause is a subordinate clause. It is a clause that cannot stand alone as a complete sentence and is dependent on another clause to provide context and meaning.
Where did the term Pogrom originate during the holocaust?
The term Pogrom did not originate during the Holocaust.
Which choice defines the term independent clause?
A clause that stands on its own.
Are evergreen clauses constitutional?
Yes, they are Constitutional, but several states have passed strict statutory guidelines that must be followed for the clause to be enforceable. Evergreen clauses automatically renew unless specific cancellation procedures are followed.
Where did the term music originate from?
gfad
