Tennessee Counterpart Execution

State:
Multi-State
Control #:
US-OG-490
Format:
Word; 
Rich Text
Instant download

Description

This form provides for execution in counterparts.

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FAQ

When a person "executes" a document, he or she signs it with the proper "formalities". For example: If there is a legal requirement that the signature on the document be witnessed, the person executes the document by signing it in the presence of the required number of witnesses.

It is usually followed by the actual date in which the contract is being signed. For example, if a contract is being signed on March 24, 2023, the phrase ?Dated This Day Of? would be followed by ?March 24, 2023? to indicate the exact date of execution.

In the blank space following ?Dated This Day Of,? enter the actual date on which the contract is being signed or executed. For example, if the contract is being executed on March 24, 2023, you would enter ?March 24, 2023? in the blank space.

The execution date is the date the contract is signed and finalized with every necessary party.

Design Fee means the firm fixed price, excluding specific values, for preparing Construction Documents. This amount is established in the Project Development Plan to provide specified services listed in a particular [section] of the Design and Construction Contract.

We prepare what is known as an "execution version." This is the final version of the contract that the parties sign. Preparing an execution version involves cleaning up any interim things from the negotiation that shouldn't be there in the final signed copy.

The phrase should read something like "I sign at [signature], on [date] this day of [day of the week], [year]."

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Tennessee Counterpart Execution