🏘️ Parent company guarantee
A parent company guarantee is a type of financial guarantee that is typically used in business transactions. It is a guarantee from the parent company to the lender that the debt will be repaid if the borrower defaults. This type of guarantee can provide more security for the lender and may help to get better loan terms.
🏚️ Pay less notice
A pay less notice is a notice served by a contractor to a sub-contractor that sets out the sum the contractor considers to be due under the sub-contract. The notice must be served before the final date for payment stated in the sub-contract. If the sub-contractor does not agree with the sum stated in the pay less notice, they can serve a notice of intention to withhold payment.
📑 Members' requisition
A member's requisition is a formal request made by a member of parliament to the Speaker of the House of Commons for the issue of a writ for a by-election. The Speaker must issue the writ within 21 days of the requisition being made. A requisition must be signed by at least two members of parliament.
🤫 Mutual NDA
A mutual NDA is an agreement between two parties where both parties agree not to disclose confidential information. The agreement is legally binding and can be enforceable in a court of law.
💲 Merchandising license
A merchandising license is a legal agreement between a licensor and a licensee that grants the licensee the right to produce and sell products with the licensor's brand or logo. The terms of the agreement are typically for a set period of time and include royalties that the licensee must pay to the licensor.
📱 Mobile application end user licence agreement
A mobile application end user licence agreement is a contract between the owner of a mobile application and the user of the mobile application. The agreement sets out the terms and conditions under which the user is allowed to use the mobile application. The agreement may cover things such as the user's rights and obligations, the app's warranty, and liability.
🏷️ On demand performance bond
A on demand performance bond is a type of surety bond that is typically required by the Obligee (the party who is requiring the bond) in order to protect itself against financial loss if the Principal (the party who will be performing the contractual obligation) fails to perform its obligations under the contract. The surety company that issues the bond is essentially guaranteeing that the Principal will fulfill its obligations. If the Principal does not fulfill its obligations, the Obligee can make a claim on the bond and the surety company will be required to pay out up to the full amount of the bond.
📂 OJEU notice
An OJEU notice is a notice that is published in the Official Journal of the European Union and that is used to call for tenders for public contracts. The notice sets out the general conditions under which the contract will be awarded and the procedure that will be followed.
💶 Notice of share buyback/redemption
A notice of share buyback/redemption is a legal document that outlines the terms of a company's buyback or redemption of shares. This notice includes the number of shares being bought back, the price per share, and the date of the buyback.
👪 Parental leave policy
A parental leave policy covers the amount of time an employee is allowed to take off work in order to bond with a new child. The policy may also cover the amount of time an employee is allowed to take off work in order to care for a sick child. The policy may also cover the amount of time an employee is allowed to take off work in order to care for a child with a disability.
🪙 Notice of exercise
A notice of exercise is a legal document that outlines the terms of an agreement between two parties, usually a buyer and a seller. The notice lays out the specific rights and obligations of each party, and is used to enforce those rights if either party breaches the agreement.
🌴 Notice of FBT
A notice of FBT covers the law with regards to the tax that is paid on the benefits that are received by the employees from their employers. This tax is paid by the employer and is based on the value of the benefits that are received. The notice of FBT also explains how the tax is calculated and how it is to be paid.
🖨️ One-way NDA
A one-way non-disclosure agreement is a contract in which one party agrees not to disclose information to the other party. The information that is protected by the agreement is typically confidential information that is not publicly known. The agreement is typically used when one party has information that the other party wants to keep confidential.
📃 Notice and take-down letter
A notice and take-down letter is a letter sent to an individual or organization that has published content that may be infringing on another party's intellectual property rights. The letter demands that the infringing content be removed from the website or other publication. If the infringing content is not removed, the party that sent the letter may file a lawsuit against the individual or organization.
📝 Notice of appointment of administrator
A notice of appointment of administrator covers the appointment of an administrator to a company. The administrator is responsible for the management of the company and its affairs, and has the power to make decisions on behalf of the company. The notice of appointment of administrator sets out the terms of the appointment and the powers of the administrator.
⚖️ Notice of adjudication
A notice of adjudication is a legal document that is served on a party to a construction contract in order to inform them that an adjudicator has been appointed to resolve a dispute. The notice will also set out the adjudicator's terms of reference and the date by which they must make a decision.
💼 Moratorium extension statement
A moratorium extension statement covers the extension of a moratorium on the law. This moratorium is usually put in place to allow for further discussion or debate on the law in question. The statement usually outlines the reasons for the extension and the date by which the moratorium will end.
🗞️ Management buyout resolutions
A management buyout is a type of business transaction in which the management team of a company purchases a controlling interest in the company from the current shareholders. This type of transaction can be used to resolve disputes among shareholders, or to allow the management team to gain control of the company."
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