Nevada Complex Services Clauses Onerous Approach

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Multi-State
Control #:
US-OL16013B
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Description

This office lease form lists the services provided by the landlord. This form states the days and times that the services are available to the tenant as long as the tenant is not in default under any of the terms, covenants or conditions of the lease.

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FAQ

Onerous Condition means for these purposes, an action that requires a difficult or significant expenditure, in comparison to the size, resources and school budget; or changes in the structure of the institution not allowed by law or construction policies, in particular, those applicable to buildings of a historical ...

FavouredCustomer Clause (MFC) is a contractual arrangement between vendor and customer that guarantees the customer the best price the vendor gives to anyone. The MFC prevents a company from treating different customers differently in negotiations.

An MFN provision is a term included in a contract for products or services that prevents the seller from selling its products or services to the buyer's competitors for a lower price, or on better terms, than the seller sells the products or services to the buyer.

The following are examples of clauses that the Courts have held to be onerous: A clause that requires a purchaser of defective goods to return them at its own expense; and. The imposition of excessive transfer and cancellation fees for customers seeking to switch contracts with mobile network suppliers.

Most favored nation clauses are contract provisions that require that a party must receive rights and benefits under the contract that are equal to or more favorable than the rights and benefits received by any other parties.

FavouredCustomer Clause (MFC) is a contractual arrangement between vendor and customer that guarantees the customer the best price the vendor gives to anyone. The MFC prevents a company from treating different customers differently in negotiations.

In determining the choice of law, parties may consider the types of dispute which could arise from their agreement, whether the law will be from a common or civil law jurisdiction, how friendly or hostile a jurisdiction would be to their claim, and whether sufficient precedent exists in that jurisdiction.

A contractual provision, also known as a most-favored-customer clause, prudent buyer clause, or non-discrimination clause, in which the seller promises the buyer that it will not offer another buyer better terms before offering those terms or better terms to the first buyer.

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Nevada Complex Services Clauses Onerous Approach