Maryland Conflict of Terms

State:
Multi-State
Control #:
US-OG-699
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Word; 
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Description

This is simply a short statement that states that, in the event of a conflict between the provisions of one Article and the terms and conditions contained in prior Articles provided for in the Agreement, the parties agree that the provisions of a designated Article shall prevail.

Maryland Conflict of Terms refers to a legal concept applicable in the state of Maryland, specifically concerning contracts and other legal agreements. In any contract, the primary goal is to ensure that the terms and conditions are agreed upon by all parties involved. However, conflicts may arise when the terms of the contract contain contradicting provisions or ambiguous language. The Maryland Conflict of Terms rules aim to resolve such conflicts and provide guidance on how conflicting or ambiguous terms should be interpreted. These rules govern the prioritization and hierarchy of different provisions within a contract to establish a clear and enforceable agreement. There are various types of Maryland Conflict of Terms that may arise, each requiring a distinct interpretation and resolution: 1. Express Conflicts: This type of conflict emerges when the terms of a contract explicitly contradict each other. For example, if one clause states that payment is due on the 10th of the month, while another clause states it is due on the 15th, there is an express conflict that needs resolution. 2. Implied Conflicts: These conflicts arise when certain provisions of a contract, though not explicitly contradictory, create inconsistency or ambiguity due to their inherent nature. Resolving such conflicts requires analyzing the underlying intent of the parties involved in the agreement. 3. General Terms Conflict: At times, a contract may include both general and specific terms. General terms refer to broader, inclusive provisions, while specific terms pertain to more detailed or particular aspects. When these two types of terms conflict, the Maryland Conflict of Terms rules come into play to determine which provision should prevail. 4. Ascertainment of Intent: This type of conflict occurs when it is challenging to ascertain the true intent of the parties due to conflicting or unclear language in the contract. The court may attempt to interpret the contract by considering the surrounding circumstances during its formation, the behavior of the parties, and other relevant evidence. To navigate Maryland Conflict of Terms, it is crucial for individuals or businesses involved in legal agreements to pay close attention to the drafting process. Utilizing precise language, avoiding ambiguity, and seeking legal advice when necessary can help ensure clarity and minimize the potential for conflicts to arise.

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FAQ

A conflict of interest refers to the ethical problems that may arise between parties with a preexisting relationship. In law, a conflict of interest arises between an attorney and a client if the interests of the attorney, a different client, or a third-party conflict with the interests of the present client.

A conflict of interest exists if: (1) the representation of one client will be directly adverse to another client; or (2) there is a significant risk that the representation of one or more clients will be materially limited by the attorney's responsibilities to another client, a former client or a third person or by a ...

Some examples of a conflict of interest could be: Representing a family member in court. Starting a business that competes with your full-time employer. Advising a client to invest in a company owned by your spouse. Hiring an unqualified relative or friend.

The true test of verifying whether a matter is just a potentially perceived conflict of interest, or an actual conflict of interest, is disclosure. When it comes to conflicts of interest, appearance is as important as reality. This is why disclosing conflicts of interest is important.

For example, if a lawyer is asked to represent the seller of a business in negotiations with a buyer represented by the lawyer, not in the same transaction but in another, unrelated matter, the lawyer could not undertake the representation without the informed consent of each client.

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COI Exemption requests should be made by filling out the Exemption Request Form. Approval is required by the faculty member's division chief, Chair, SOM Chief ... The interests of the organization must be the first priority in all decisions and actions. SECTION 2. PERSONS CONCERNED: This statement is directed not only to ...An official or employee may not participate in an official action, decision or matter in circumstances where the official or employee has an interest or where ... "Conflict of interest" means that because of other activities or relationships with other persons, a person is unable or potentially unable to render impartial ... Conflicts of interest can arise from the attorney's responsibilities to another client, a former client or a third person or from the attorney's own interests. City officials are required to file a conflicts affidavit, ensuring that they understand the conflicts of interest provisions of the Ethics Law, that they are ... Any company interested in utilizing space at the University of Maryland must complete a Facilities Use Application (FUA). There are sections on the FUA that ... Sep 3, 2021 — This table lists state statutes and rules defining conflict of interest for legislators, government employees, and members of executive ... May 20, 2003 — Each University Employee who is a faculty member or exempt staff must complete an Annual Report on Outside Professional Activities (“OPA”). The ... SETTLEMENT AGREEMENT: If a settlement agreement is reached, all of the terms may be written down, read onto the court record and will be placed in the court ...

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Maryland Conflict of Terms