Posts made in October, 2021

Third Party Agreement Example

10.5 The air carrier`s liability under this Agreement is limited to (enter the amount). In any case, the carrier is not liable for any particular damage, accidental or consequential, whether it has the potential to do so. The carrier shall not be liable for any loss or damage resulting from an event of force majeure within the meaning of section 18 of this Agreement or from an act or delay of the shipper. 2.4 The Carrier undertakes to comply, during the term of this Contract, with all rules and rules established by the Interstate Commerce Commission and other federal or regional authorities competent for the transport services to be provided under this Agreement. The carrier must also conduct a satisfactory safety assessment with the Ministry of...

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The Agreement Between A Municipal Bondholder And The Issuer Is Found In The

Private equity firms and management companies have purchased through equity buybacks (LBOs) companies that use the cash flows of the acquired company to repay the debts used for the acquisition of the business. This can lead to a decrease in the company`s solvency and a drop in the prices of its bonds. As a result, many companies have added to the bonds a Change of Control Covenant (also known as the Poison-Pill Covenant) that limits either the amount of additional debt the company can incur or the company must buy back the bonds, sometimes with a slight premium in the event of a change of control. Some companies add a call option to their bonds so that bondholders can resell the bond to the company before maturity at face value. For example,...

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Tenancy Agreement Stamping Penang

I don`t know if that`s true. Because I made my stamp to LHDN All the time, anyone knows what documents must be brought next to 2 copies of the lease? Because someone told me that I had to bring a purchase contract for the stamp. To calculate the amount you need to pay for the stamp of your rental agreement, enter your monthly rental and rental period in the computer below. Can I make my mark on any Suruhanjaya except LHDN? Can I have a copy of the lease? Thank you very much. Please! Once the lease is signed and stamped, you can be on your way to earn extra income! Is the signature of the lessor and the tenant sufficient for the lease? Do I need another witness to sign? Thank you. Hello, my lease started on December 19, 2018. I think I should send...

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Tax Distribution Provision In Operating Agreement

6. Withholding. Many company agreements expressly provide that the partnership complies with its withholding tax obligations. The agreement should also provide that sums withheld in the event of distribution to a partner are treated as being distributed to that partner for all purposes of the agreement. Partners should also decide how they treat taxes measured by a partner`s distributed share in the partnership`s net income or profit, but which do not correspond to the amounts distributed (as these taxes cannot simply be withheld from a current distribution). As a general rule, these amounts are treated as loans from the relevant partner to the partnership and/or as an advance on future distributions from the partner. In order to protect itself from...

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Sublease Office Agreement

A sublease agreement does not terminate the lease, the tenant ultimately remains responsible for the monthly rent and the fact that the property must be delivered at the end of the term without damage.. . .

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