Prenuptial Agreement Sample Clauses

Prenuptial Agreement. This service covers representation of the Employee and includes the negotiation, preparation, review and execution of a Prenuptial Agreement between the Employee and his or her fiancé/partner prior to their marriage or legal union (where allowed by law), outlining how property is to be divided in the event of separation, divorce or death of a spouse. Representation is provided only to the Employee. The fiancé/partner must have separate counsel or must waive his or her right to representation. It does not include subsequent litigation arising out of a Prenuptial Agreement.
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Prenuptial Agreement. As the name suggests, prenuptial agreement (commonly called prenup) or premarital agreement or ante nuptial agreement is a written agreement entered into by couples before they are married. The prenuptial agreement addresses the financial rights, distribution of assets, liabilities, maintenance and custody of children in the event of separation or divorce by the couples in future. Prenuptial agreements may be beneficial in mitigating the uncertainty post dissolution of marriage by clearly demarking the spousal or marital property, securing the assets and finances of the couples earned before marriage and setting out terms of settlement of property earned together. It also limits the liability of the spouses and saves the couples from legal hassles and negotiations in future, including the alimony and responsibility in raising children.
Prenuptial Agreement. Series: Law and Politics 5, no. 1 (2007), 61-69. 8 Xxxxxxxx Xxxx Xx-Xxxxxxx, Xxxx xx-Xxxxx (Juristic Study of Family Institution, International Islamic University Malaysia Press. (2016), 76-80. 9 Xxxxxxx, M. I., & Xxxxxx, S. Khul’(Redemption) in Islamic law and its practice in Pakistani courts, a legal critical analysis. Mediterranean Journal of Social Sciences 5, no. 3 (2014a). 290– 297. Nuptial Agreement in Muslim Marriage: A Juristic Analysis The study uses a doctrinal approach to gather library sources and analysis of data from literature about the concept of prenuptial and postnuptial and their relationship with the concept of khulʼ in Islamic law. Considering the potential juristic issues in the concept of nuptial agreement, the study aims to explicate possible juristic conditioning for its application in a contemporary Muslim marriage. The remaining parts of this have five main sections. The first section reviews the relevant literature on the subject matter. The second section examines the convergence and divergence between nuptial agreement and the concept of khulʼ. The third section presents the juristic conditioning for the application of the nuptial agreement in a Muslim marriage. The final section highlights the conclusions and findings of the study. The concept of nuptial agreement can either be prenuptial or postnuptial, however, the concept of prenuptial relates to the contractual clauses before marriage consummation between the couples. The prenuptial agreement takes effect between a couple on the right of partners to the benefit and ownership of properties immediately after marriage consummation. A prenuptial agreement also refers to any official agreement signed and sealed by the couple before the consummation of marriage in the future of the relationship in the event of divorce or death of the partner.11 The civil government recognizes that prenuptial agreements are voluntary undertakings, and their legal effect is doubtful compared to common law jurisdiction. Since the prenuptial agreement is completed before the consummation of the marriage, the contractual party to the agreement outlines their responsibility and right to property during and after marriage, while the contract states the terms and conditions between the partners concerning the division of properties in the event of marriage dissolution. Prenuptial is perceived by many celebrities and working-class Jurnal Fiqh, Vol. 21 No. 1 (2024) 1-18 couples as a means to effect fair...
Prenuptial Agreement. (Rev. 1339FFD) together during the marriage, in the event the marriage is terminated. State of Virginia This Agreement is entered into on this 16 day of June, 2016, by and between Xxxxxx Xxxxxxxxx (hereafter referred to as “Xxxxxx”) and Xxxxxxxx Xxxxxxxxxx (hereafter referred to as “Xxxxx”).
Prenuptial Agreement. If you’re going to have a prenuptial agreement, you should each hire a lawyer to ensure that it is valid and will hold up in court. Do not try to prepare one yourselves! Xxxxxx Xxxxxxxxx and Xxx Xxxxxx allegedly drafted their prenuptial agreement on the back of a napkin; the court did not recognize it as a valid contract, and it has been reported that Irving received over $100 million in assets after their four-year marriage ended. A prenuptial agreement can be successfully challenged in the following ways:

Related to Prenuptial Agreement

  • Assignment of Management Agreement As additional collateral security for the Loan, Borrower conditionally transfers, sets over, and assigns to Lender all of Borrower’s right, title and interest in and to the Management Agreement and all extensions and renewals. This transfer and assignment will automatically become a present, unconditional assignment, at Lender’s option, upon a default by Borrower under the Note, the Loan Agreement, the Security Instrument or any of the other Loan Documents (each, an “Event of Default”), and the failure of Borrower to cure such Event of Default within any applicable grace period.

  • Special Agreement Except for the termination of the Agreement due to the reason of Article 15, paragraph 1 of this Agreement, if the Agreement is terminated under any other circumstances, the payment made by Party B shall be regarded as Party B's liquidated damages, and Party A has the right not to return it.

  • Existing Agreements The Executive represents to the Company that he is not subject or a party to any employment or consulting agreement, non-competition covenant or other agreement, covenant or understanding which might prohibit him from executing this Agreement or limit his ability to fulfill his responsibilities hereunder.

  • Parties to Lock-Up Agreements The Company has furnished to the Underwriters a letter agreement in the form attached hereto as Exhibit A (the “Lock-up Agreement”) from each of the persons listed on Exhibit B. Such Exhibit B lists under an appropriate caption the directors and executive officers of the Company. If any additional persons shall become directors or executive officers of the Company prior to the end of the Company Lock-up Period (as defined below), the Company shall cause each such person, prior to or contemporaneously with their appointment or election as a director or executive officer of the Company, to execute and deliver to the Representatives a Lock-up Agreement.

  • Confidential Agreement Client agrees not to provide inspection report to any third party without the permission of the Inspector. In the event that Client provides home inspection report to a third party without the permission of the Inspector and the third party relies on the inspection report, Client agrees to indemnify and hold harmless Inspector from any claims made by the third party against the Inspector and for all reasonable attorney’s fees incurred in defending said claims.

  • Assignment Agreements Each Bank may, from time to time, with the consent of the Borrower and Agent (which will not in any instance be unreasonably withheld), sell or assign to other banking institutions rated "B" or better by Thomxxxx Xxxk Watch Service a pro rata part of all of the indebtedness evidenced by the Notes then owed by it together with an equivalent proportion of its obligation to make Loans hereunder and the credit risk incidental to the Letters of Credit pursuant to an Assignment Agreement substantially in the form of Exhibit J attached hereto, executed by the assignor, the assignee and the Borrower, which agreements shall specify in each instance the portion of the indebtedness evidenced by the Notes which is to be assigned to each such assignor and the portion of the Commitments of the assignor and the credit risk incidental to the Letters of Credit (which portions shall be equivalent) to be assumed by it (the "Assignment Agreements"), provided that the Borrower may in its sole discretion withhold its consent to any assignment by a Bank to any assignee which has total capital and surplus of less than $200,000,000.00 or to any assignment by a Bank of less than all of its Commitments if as a result thereof the assignor will have Commitments hereunder of less than one half of its assigned Commitments or the assignee will have Commitments hereunder of less than $3,500,000.00 or, after giving effect thereto, there would be more than 10 Banks, further provided that nothing herein contained shall restrict, or be deemed to require any consent as a condition to, or require payment of any fee in connection with, any sale, discount or pledge by any Bank of any Note or other obligation hereunder to a Federal reserve bank. Upon the execution of each Assignment Agreement by the assignor, the assignee and the Borrower and consent thereto by the Agent (i) such assignee shall thereupon become a "Bank" for all purposes of this Agreement with a Commitment in the amount set forth in such Assignment Agreement and with all the rights, powers and obligations afforded a Bank hereunder, (ii) the assignor shall have no further liability for funding the portion of its Commitments assumed by such other Bank and (iii) the address for notices to such Bank shall be as specified in the Assignment Agreement, and the Borrower shall execute and deliver Notes to the assignee Bank in the amount of its Commitments and new Notes to the assignor Bank in the amount of its Commitments after giving effect to the reduction occasioned by such assignment, all such Notes to constitute "Notes" for all purposes of this Agreement, and there shall be paid to the Agent, as a condition to such assignment, an administration fee of $2,500 plus any out-of-pocket costs and expenses incurred by it in effecting such assignment, such fee to be paid by the assignor or the assignee as they may mutually agree, but under no circumstances shall any portion of such fee be payable by or charged to the Borrower.

  • Existing Agreement Except as expressly amended herein, the Credit Agreement shall remain in full force and effect, and in all other respects is affirmed.

  • One Agreement This Agreement and any related security or other agreements required by this Agreement, collectively: (a) represent the sum of the understandings and agreements between the Bank and the Borrower concerning this credit; (b) replace any prior oral or written agreements between the Bank and the Borrower concerning this credit; and (c) are intended by the Bank and the Borrower as the final, complete and exclusive statement of the terms agreed to by them. In the event of any conflict between this Agreement and any other agreements required by this Agreement, this Agreement will prevail.

  • Reciprocal Easement Agreements (a) Neither Borrower, nor any other party is currently in default (nor has any notice been given or received with respect to an alleged or current default) under any of the terms and conditions of the REA, and the REA remains unmodified and in full force and effect; (b) All easements granted pursuant to the REA which were to have survived the site preparation and completion of construction (to the extent that the same has been completed), remain in full force and effect and have not been released, terminated, extinguished or discharged by agreement or otherwise; (c) All sums due and owing by Borrower to the other parties to the REA (or by the other parties to the REA to the Borrower) pursuant to the terms of the REA, including without limitation, all sums, charges, fees, assessments, costs, and expenses in connection with any taxes, site preparation and construction, non-shareholder contributions, and common area and other property management activities have been paid, are current, and no lien has attached on the Property (or threat thereof been made) for failure to pay any of the foregoing; (d) The terms, conditions, covenants, uses and restrictions contained in the REA do not conflict in any manner with any terms, conditions, covenants, uses and restrictions contained in any Lease or in any agreement between Borrower and occupant of any peripheral parcel, including without limitation, conditions and restrictions with respect to kiosk placement, tenant restrictions (type, location or exclusivity), sale of certain goods or services, and/or other use restrictions; and (e) The terms, conditions, covenants, uses and restrictions contained in each Lease do not conflict in any manner with any terms, conditions, covenants, uses and restrictions contained in the REA, any other Lease or in any agreement between Borrower and occupant of any peripheral parcel, including without limitation, conditions and restrictions with respect to kiosk placement, tenant restrictions (type, location or exclusivity), sale of certain goods or services, and/or other use restrictions.

  • SPECIAL AGREEMENTS The following special arrangements have been made: City, Date City, Date Seller's signature Buyer's signature

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