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OSP Agreement means any agreement with an operator service provider pursuant to which commissions, fees or surcharges are to be paid to the Borrower or one of its Subsidiaries on all or a portion of the long distance traffic relating to any pay telephones owned or leased by or to the Borrower or one of its Subsidiaries
Service agreements are contracts between a customer or client and the person or business providing the service. It defines the relationship, the responsibilities of each party, the compensation or payment and the services that will be provided, among other things.
Non-binding contracts are typically used when two parties want to put down preliminary discussions on paper to make sure they're on the same page, but don't want to explicitly agree to anything yet. A Letter of Intent is a good example of a non-binding contract.
The following list includes the key provisions to look for when entering into a service agreement, including: payment, scope of services, amendment, termination, liability insurance, confidentiality, IP ownership, and choice of law/dispute resolution.
Canceling a service agreement must be done according to the terms of the contract. Otherwise, it can be considered a breach of contract or a broken contract. The statutory law provides consumers with their right to cancel service contracts when certain circumstances apply.
A services agreement is a written contract between a service provider and a client. Also known as a service contract or a general services agreement, this document is legally binding and provides some level of protection for both the provider and the client.
A Standard Service Agreement is a legal contract between a client and a service provider. The agreement outlines important details about the business relationship and the duties owed to one another. It may include information like pricing, ownership, shipment details, and much more.
An enforceable contract for the sale of land must be evidenced by some writing: (1) which has been signed by the party against whom the contract is to be enforced or his authorized agent; (2) which describes with reasonable certainty each party and the land; and (3) which states with reasonable certainty the terms and
Generally, to be legally valid, most contracts must contain two elements: All parties must agree about an offer made by one party and accepted by the other. Something of value must be exchanged for something else of value. This can include goods, cash, services, or a pledge to exchange these items.
A legitimate terms-of-service agreement is legally binding and may be subject to change. Companies can enforce the terms by refusing service. Customers can enforce by filing a lawsuit or arbitration case if they can show they were actually harmed by a breach of the terms.