Quantum Meruit Clause Samples
POPULAR SAMPLE Copied 55 times
Quantum Meruit. In the event of a dispute between the Servicer and the Subservicer relating to the performance required hereunder, the Subservicer agrees to waive its rights to pursue any legal action for payment pursuant to or based upon the equitable remedy of quantum meruit.
Quantum Meruit. [¶54.] “Quantum meruit implies a contract where none exists and awards restitution for the value of the services provided under that implied contract.” ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, 2010 S.D. 20, ¶ 14, 779 N.W.2d 412, 417. “To recover under
Quantum Meruit. The phrase quantum meruit much as earned. A right to ▇▇▇ on a quantum meruit arises where a performed by one party has become discharged to the breach of the contract party.
Quantum Meruit. It means as much as is earned. One should pay for what one gets (next chapter).
Quantum Meruit. If the Principal repudiates the Contract and the Contractor terminates the Contract, the Contractor is:
(a) only entitled to claim damages for breach of Contract (subject to any limitations on liability under the Contract); and
(b) not entitled to claim or be paid on a quantum meruit. This clause survives termination of the Contract.”
Quantum Meruit. Moark Defendants will not object to any application made by Class Member or Class Counsel for quantum meruit from any entity or person who opts out of this Settlement.
Quantum Meruit. Quantum Meruit i.e. as much as the party doing the service has deserved. For the application of this doctrine two conditions must be fulfilled: It is only available if the original contract has been discharged. The claim must be brought by party not in default. The object of allowing a claim on Quantum Meruit is to re-compensatethe party or person for value of work which he has done. Damages are compensatory in nature while Quantum Meruit is restitutory.