WebContract terminology Glossary. You can visit our contract terminology glossary for a comprehensive list of legalese. Below are some of the most important phrases you need to know. Ab Initio (Ab Init ): Latin, meaning from the beginning. Alternative Dispute Resolution (ADR): methods of attempting to resolve a dispute without going to court. WebMar 10, 2015 · One of the favorite terms used by many attorneys when drafting contracts is “notwithstanding.” This one word can create significant confusion because it is used to …
Notwithstanding: What it Means and How to use it Best
WebJul 27, 2024 · Typically, six months to a year or two are standard term limits but open-ended contracts do exist. If you have an open-ended contract, make sure you can terminate the contract at-will, i.e. terminate without reason (see below). WebFeb 1, 2024 · This case teaches that “notwithstanding” clauses are lousy tools to use when trying to tie together a contract without creating surprises. The case also demonstrates the perils of the word... chip finger covers
“Notwithstanding” = Exceptions to What I Just Said (Can’t …
http://marell-lawfirm.com/notwithstanding-exceptions-just-said-cant-just-say-mean/ Webb) Notwithstanding any contrary provisions in this Warrant, if the Current Market Price (as defined in Section 2(c) below) exceeds the Warrant Price at the date of calculation, instead of exercising this Warrant as described in Section 2(a) above, the... filed by Sandbox Entertainment Corp on September 30th, 1997 Web(6) Notwithstanding paragraphs (a)(4) and (5) above, the Government may at any time require the Contractor to remedy by correction or replacement, without cost to the Government, any failure by the Contractor to comply with the requirements of this contract, if the failure is due to - chip finish in vlsi