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A condition is a term of the contract that is so significant that it goes to the heart of the transaction鈥攕o it is a major term of the agreement.
If a condition is breached, the injured party may terminate the contract and claim damages for any loss. Alternatively, the innocent party may choose to affirm the contract despite the breach and claim damages. Sometimes it is also called a fundamental term.
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惭颈迟颈驳补迟颈辞苍鈥攃丑别肠办濒颈蝉迟 How a sentence is reached When determining a sentence, a court will usually consider any statutory sentencing range, the applicable Sentencing Council (SC) guidelines including any offence specific sentencing guideline, the overarching guidelines and sentencing judgments from the Court of Appeal. The SC鈥檚 offence specific guidelines or the general guideline set out a stepped approach which the court must follow. See Practice Notes: Sentences imposed following conviction and Sentencing Council General Guideline鈥擮verarching Principles. Generally, in sentencing exercises the court will need to consider the following: 鈥 the relevant starting point in the Sentencing Guidelines 鈥 the aggravating factors of the offence 鈥 the mitigation and personal circumstances of the defendant 鈥 any reduction in sentence for a guilty plea 鈥 whether the offender is dangerous and if there is a significant risk of harm through the commission of further specified offences 鈥 any ancillary orders that are appropriate 鈥 the totality of the sentence to ensure it is proportionate to the offending behaviour Mitigation The...
MVNO agreement鈥攃hecklist This Checklist covers some of the main provisions to be included in a mobile virtual network operator (MVNO) agreement under which a mobile network operator supplier will provide wholesale access services to an MVNO for resale to its own retail customers. It covers some of the main provisions that are specific to an agreement of this kind. See also the Precedent: MVNO agreement. In this Checklist, the following definitions are used: 鈥 Agreement鈥攎eans the MVNO agreement between the MVNO and the Supplier for the provision of the Services 鈥 End-User鈥攎eans a customer of the MVNO 鈥 IPR鈥攎eans intellectual property rights 鈥 MVNO鈥攎eans mobile virtual network operator, the customer in the Agreement 鈥 Services鈥攎eans the wholesale network services being provided to the MVNO by the Supplier 鈥 Supplier鈥攎eans the mobile network operator providing network services to the MVNO The third column can be used to record observations or comments as the Checklist is worked through. Checklist Further information Notes (if any) General terms and conditions 鈽 Consider duration....
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Standard contractual clauses and binding corporate rules鈥擡U methodology鈥攆lowchart This Flowchart reflects the methodology set out by the European Data Protection Board (EDPB) for determining whether you can make an international transfer of personal data on the basis of standard contractual clauses (SCCs) or binding corporate rules (BCRs). You can only rely on these transfer mechanisms where the protections, enforceable rights and legal remedies provided to individuals in the recipient country are essentially equivalent to those guaranteed under the General Data Protection Regulation (GDPR). The 鈥榚ssentially equivalent鈥 test was laid down in the case of Facebook Ireland and Schrems (Schrems II), which was decided under the EU GDPR. The Information Commissioner鈥檚 Office (ICO) has published Guidance on transfer risk assessments, which adopts the term 鈥榮ufficiently similar鈥 in relation to transfers under the UK GDPR and uses a different methodology. The ICO is happy for organisations exporting data from the UK to follow either methodology. This Flowchart reflects the EU methodology, as set out in: 鈥 EDPB Guidelines on...
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This Practice Note summarises the practical steps which a business can take to successfully incorporate its standard form terms and conditions into contracts and agreements. It provides guidance on how to ensure that one party鈥檚 standard terms and conditions are incorporated into a contract, how to win the battle of the forms and how to prevail over attempts by the other party to incorporate their standard terms and conditions into the contract. See also: Effectively incorporating standard terms and conditions鈥攃hecklist.For guidance on the purpose, advantages and disadvantages of using standard terms and conditions, see Practice Note: Standard terms and conditions鈥攁dvantages and disadvantages.For guidance on drafting standard terms and conditions for business to business (B2B) transactions, see:鈥ractice Note: Key terms and conditions in commercial contracts鈥rafting terms for the supply of services鈥攂usiness to business鈥攃hecklist鈥rafting terms for the sale of goods鈥攂usiness to business鈥攃hecklistFor guidance on reviewing another party鈥檚 B2B standard terms and conditions, see:鈥ontracting on another party鈥檚 standard terms and conditions (B2B)鈥攃hecklist鈥eviewing terms for the purchase of goods or services as a buyer鈥攂usiness...
This Practice Note considers some of the key terms and conditions found in business-to-business (B2B) commercial contracts. It sets out the general drafting considerations and considers some of the key operative provisions, such as term, primary obligations, warranties, price and payment, confidentiality, intellectual property rights, data protection, liability and limitation of liability, indemnities, termination, and consequences of termination.For links to more detailed commentary on commercial contracts, generally, see:鈥ommercial clauses鈥攐verview鈥efinitions鈥攐verview鈥oilerplate clauses鈥攐verview and Practice Note: The role of boilerplateSee also: Commercial contract drafting and review鈥攃hecklist and Commercial contract review and execution (business personnel)鈥攃hecklist.For more specific guidance when considering the supply of services, see also Practice Note: Negotiation guide: services agreements.Initial considerationsStructure and formThe initial consideration for any contract must be what form it will take, and that decision will largely be informed by what the contract is seeking to achieve and in what environment it is expected to be entered into. For example, simple contracts are capable of being entered into orally, in writing or by conduct; whereas some agreements require greater...
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ALTERNATIVE 1: PROVISION FOR FUTURE LOANS BY SHAREHOLDERS Clause 1 Insert a new definition as follows (if not already included): Respective Proportion means, in relation to a Shareholder, the proportion which the number of Shares held by that Shareholder bears to the total number of issued Shares of the Company; Replace clause 9.3 with the following new clauses 9.3 and 9.4: 9.3 In the event that, at any time during the term of this Agreement, any such borrowings are not available or do not satisfy the working capital requirements of the Company as determined by the Board, each of the Shareholders, when requested from time to time, lend to the Company its Respective Proportion of the amount specified by the...
The ScheduleOverage鈥揳scertainment and payment 1 Definitions In this Schedule the following definitions apply: Additional Residential Unit any Residential Unit on the Property in excess of [insert threshold number of units] and Additional Residential Units shall have a corresponding meaning; Index HM Land Registry鈥檚 House Price Index under the 鈥榌House price index OR Average price OR Property type]鈥 report type for [insert location specifying region, county and borough as required]; Overage a sum in...
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Is a contract enforceable if the nominal consideration of 拢1 is never paid? The placement of clauses providing for nominal consideration is used in some contracts to fulfil the requirements of consideration. Nominal consideration is the payment of a small amount that is still sufficient for legal purposes but 'nominal' in that it would not be adequate in any commercial sense. A sum of one pound sterling is commonly indicated as the nominal consideration, although higher amounts are sometimes seen. We refer you to Precedent: Nominal consideration clause and the related Drafting Notes which state that: 鈥楾he reference to the receipt of the nominal consideration is important, particularly to avoid any risk of
What date should be entered into the PSC register following an allotment of shares to an individual? Should it be the date of allotment, or, if different, the date when the shares are actually issued (when the details of the individual are entered into the register of members)? The terms 'allotment' and 'issue' are often used interchangeably in relation to new shares in the capital of a company, however, the terms do have distinct legal meanings. Shares in a company are allotted when a person acquires the unconditional right to be included in the register of members in respect of those shares. The subsequent issue of those shares is when the name of the person to whom the shares have been allotted is entered on the register of members of the company in respect of them. Allotment creates a right for a person to be registered as a member of a company, but only once a share has been issued can that person exercise his rights as...
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Insurance & Reinsurance analysis: Ten years on from the introduction of the Insurance Act 2015 (IA 2015), the Court of Appeal has handed down a significant judgment, addressing for the first time the proper characterisation of warranties and representations under the 鈥榥ew鈥 law. The decision provides an important and helpful insight into the operation of IA 2015 and a reminder to parties that while the Act went some way to balancing the rights of insurers and policyholders, an insurer will still be able to avoid a policy where the policyholder is in breach of warranty. Written by Chris Neilson, partner, Leah Alpren-Waterman, of counsel and Katie Henderson trainee solicitor at Mischon de Reya LLP.
This week's edition of Energy weekly highlights includes: three News Analyses on (1) potential disputes that could arise in relation to low carbon hydrogen projects as they are increasingly deployed in the UK; (2) an overview of key proposals from the Department for Energy Security and Net Zero (DESNZ)鈥檚 consultation on a new draft national policy statement (NPS) for nuclear energy generation (EN-7); and (3) a summary of key provisions from the Planning and Infrastructure Bill. In addition this week, Ofgem and DESNZ jointly published a technical decision document, detailing the final key specifications and operational framework of the new Long Duration Electricity Storage (LDES) cap and floor subsidy scheme. We also cover announcements from Ofgem, including the publication of two determinations on its decisions to proceed with the selection of code managers for the Balancing and Settlement Code (BSC) and the Retail Energy Code (REC) on a non-competitive basis, as well as its decision to appoint Elexon as the delivery body for the new Flexibility Market Asset Registration (FMAR)...
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