WebbRecital A formal statement appearing in a legal document such as a deed that is preliminary in nature and provides an explanation of the reasons for the transaction. The recital in a deed, for example, might indicate the reasons why the … Webbexample, in a US or UK contract, "“equitable remedies" does not mean “fair, reasonable, and just” but refers to remedies applied under the common law concept of equity. In practice, this means remedies other than plain compensation – e.g., a court order for specific performance of the contract, or an injunction.
Contract: Recitals or Operative Clauses, who would win in a fight ...
WebbSection 3.13 Service Provider may contract with third-party vendors who have expertise in the area of Food Services Management provided that SIGNATURE bears the entire cost of such contracts. No contract with third-party vendors shall be entered into without the express written approval of the Board. 3.13.6 Authority. Webb30 mars 2024 · While contractual recitals are not typically intended to be binding (unless expressly stated to be so), they may be so in some circumstances or at least may have a significant effect on the construction of key contractual provisions which are ambiguous. 10 iii. Letters of intent how far away is virginia from georgia
Recital legal definition of Recital - TheFreeDictionary.com
Webb30 nov. 2024 · Two contract principles that might affect the need to make a change in the contract are novation and assignment. Novation is a substitution, including the substitution of one party or obligation for another in a contract. Here's how that works: Party A and Party B are the original signers of the contract. Webb21 juni 2006 · It’s commonplace for drafters to assume that unless they say so explicitly, schedules and exhibits attached to a contract don’t constitute part of that contract. Here’s an assortment of contract language reflecting this assumption: Schedule A constitutes a part of this agreement. All exhibits referenced in this agreement are made a part of this … Webb11 dec. 2012 · “Whereas” means literally “given the fact that,” and seems to be the way so many lawyers think it is best to begin a contract. The “Whereas Clauses,” even if they don’t use the word “whereas,” is generally viewed to be an introduction or preamble to a contract, and not a part of the contract’s operative provisions. how far away is virginia from florida