What does a personal guarantee clause mean?Personal Guarantee Clause:Acquiring credits by a given entity causes the parties involved to align appropriate terms with upholding the contracts within a given period. However, debtors may seek protection from a guarantor if they experience difficulties in ...
What X.X. Xxxxxx is Required to Do. 2.1 The Services (a) The Customer hereby appoints X.X. Xxxxxx to act as sub-administrator, and to provide the Services, with respect to each of the Funds and X.X. X...
Sometimes contract agreements have special considerations or features setting them apart from more common types of contracts. For example,non-disclosure agreementsandconfidentialityclauses are sometimes included in contract agreements when the information being shared with one or more of the parties is not...
What Is a Mortgage Acceleration Clause? An acceleration clause is a provision in a mortgage that allows the lender to require the full repayment of the loan early. "A mortgage by its terms allows the borrower to pay a debt in installments over time, and an acceleration clause removes the ri...
Colony” in clause XXIV(2) of the Royal Instructions, and whether there is any final authority to whom appeals on the interpretation of the Royal Instructions can be lodged? legco.gov.hk 田北俊議員問:政府可否告知本局,誰㆟有權解釋《皇室訓令》第 XXIV(2)條 所述「處理或分配在此殖民㆞境...
Lease:Because a lease restricts what a tenant is permitted to do with or to a property, it’s considered an encumbrance. Leases are one of the more common examples of an encumbrance in real estate you might come across. Restrictive covenant:When a deed has a clause that limits how a prop...
What happens if there is no termination clause in a contract? When there is no termination clause in an employee contract, it means an indefinite contract of employment is in place, but a termination is still an option with reasonable notice given. There is some question as to how much noti...
aprovided that nothing in this Clause 13.2 shall operate to limit the power of the Trustee referred to in paragraph 3 of the Schedule 1 to this Trust Deed 在什么都在这个条目13.2不会经营限制在日程表1的段提到的委托人的力量3到这份信托书[translate] ...
A trust deed —also known as adeed of trust—is a document sometimes used in real estate transactions in the U.S. It comes into play when one party has taken out a loan from another party to purchase a property. The trust deed represents an agreement between the borrower and a lender ...
Another example of a deed of release is associated withpersonal guarantees. A personal guarantee means that you assume personal responsibility for a debt, even if that debt is owed by a business entity you own. If you agree to end a personal guarantee, whether the loan has been paid in ful...