Contractual relations definition

Contractual relations means that the relationship between the agent and the relevant payee is the subject of a contract or series of contracts. Only contracts between the relevant payee and the agent are relevant in this context. In most cases it will be clear whether or not there is a contractual relationship and if so when it began.
Contractual relations means the respective contractual relations between the Parties on the basis of the Purchase Documents, to which these Terms are applicable in full.

Examples of Contractual relations in a sentence

  • Contractual relations will only exist between the project partners and their national funding authorities.

  • Contractual relations are the essence of firms and human beings are parties to this nexus of contracts.

  • Contractual relations between the Parties shall be terminated within a period requested by the banking and / or payment services partners of Simplex with a prior notice to the Client.

  • Contractual relations between the Parties shall be terminated within a period established under such legal acts or established by the supervisory authority(-ies).

  • In addition, the FRA develops and co-ordinates research networks of experts and organisations across the EU based on Contractual relations.

  • Contractual relations are only formed between a client and the member firm engaged by the client and no other member firm may be held liable.

  • Contractual relations implemented by related parties The issuer has awarded the task of monitoring the trend of the operation to the Master Servicer (Securitisation Services S.p.A.), in order that it should do so in compliance with the law and the information prospectus.

  • Such agreements, etc., not bearing this signature or that of a designee are invalid insofar as Contractual relations between the Agency and Contractor are concerned.1.3. The names and address of the State of Wyoming parties are: Matt Obrecht, DirectorWyoming Legislative Service Office213 Capitol BuildingCheyenne, WY 82002 Lori Galles, BuyerWyoming Department of Administration and Information Procurement Section700 W.

  • Contractual relations regarding Transfers arise only between Banks and their Clients.

  • Contractual relations established prior to the effective date of these General Terms and Conditions remain in force and shall be governed by the terms and conditions applicable at the time of their creation.

Related to Contractual relations

  • Contractual Service means the rendering by a contractor of its time and effort rather than the furnishing of specific commodities. The term applies only to those services rendered by individuals and firms who are independent contractors. Contractual Services do not include auditing services, Maintenance Services, or Professional Services as defined in Section 287.055(2)(a) of the Florida Statutes, and these Rules. Contractual Services also do not include any contract for the furnishing of labor or materials for the construction, renovation, repair, modification, or demolition of any facility, building, portion of building, utility, park, parking lot, or structure or other improvement to real property entered into pursuant to Chapter 255 of the Florida Statutes, and Rules 3.5 or 3.6.

  • Contractual Services are defined as those specified services established within the OAG approved budget for which the Provider is to be paid upon completion at the set rate also established within the OAG approved budget, as authorized expenditures eligible for payment, or reimbursement pursuant to ARTICLE 9, AUTHORIZED EXPENDITURES, of this Agreement.

  • Extra Contractual Obligations shall be defined as those liabilities not covered under any other provision of this Contract and that arise from the handling of any claim on business covered hereunder, such liabilities arising because of, but not limited to, the following: failure by the Company to settle within the Policy limit, or by reason of alleged or actual negligence, fraud or bad faith in rejecting an offer of settlement or in the preparation of the defense or in the trial of any action against its insured or reinsured or in the preparation or prosecution of an appeal consequent upon such action.

  • Contractual Requirement shall have the meaning provided in Section 8.3.

  • Contractual Obligations means, as to any Person, any provision of any security issued by such Person or of any agreement, undertaking, contract, indenture, mortgage, deed of trust or other instrument, document or agreement to which such Person is a party or by which it or any of its Property is bound.

  • EU Standard Contractual Clauses means: (i) the standard contractual clauses adopted by the European Commission on 4th June 2021 or (ii) such other standard contractual clauses that are approved by the European Commission for Controller to Processor transfers of Personal Data to a third country which has not received an EU Adequacy Decision (and are subsequently incorporated into the DPA). GDPR means the EU General Data Protection Regulation being Regulation (EU) 2016/679.

  • BREACH OF CONTRACTUAL OBLIGATION means amongst others also the following:

  • Contractual Obligation means, as to any Person, any provision of any security issued by such Person or of any agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound.

  • Standard Contractual Clauses means the clauses attached hereto as Exhibit 1 pursuant to the European Commission’s decision (C(2010)593) of 5 February 2010 on Standard Contractual Clauses for the transfer of personal data to processors established in third countries which do not ensure an adequate level of data protection.

  • Trade Agreements means any applicable trade agreement to which Ontario is a signatory.

  • Material Related Party Transactions means any transaction/transactions to be entered into individually or taken together with previous transactions during a financial year exceeds 10% of the annual consolidated turnover of the Company as per the last audited financial statements of the Company.

  • Material Agreements shall have the meaning assigned to such term in Section 4.16 hereof.

  • Collective Agreements means collective agreements and related documents including benefit agreements, letters of understanding, letters of intent and other written communications (including arbitration awards) by which the Company and any of its Subsidiaries are bound.

  • Collective Bargaining Agreements shall have the meaning provided in Section 5.05.

  • Affiliate Contracts shall have the meaning set forth in Section 4.11(b).

  • Material Financial Relationship means a relationship in which one person is a recipient of any kind of payment such as by way of a loan or gift during the immediately preceding twelve months, equivalent to at least 25% of such payer’s annual income but shall exclude relationships in which the payment is based on arm’s length transactions.

  • Parent Organizational Documents means the certificate of incorporation and bylaws, each as amended as of the date of this Agreement, of each of Parent and Merger Sub.

  • Material Insurance Subsidiary means a Material Subsidiary that is also an Insurance Subsidiary.

  • Material Documents has the meaning set forth in Section 5.23.

  • Group contract means a contract for health care services which by its terms limits eligibility to members of a specified group. The group contract may include coverage for dependents.

  • Permitted Entity means with respect to a Qualified Stockholder (a) a Permitted Trust (as defined below) solely for the benefit of (i) such Qualified Stockholder, (ii) one or more Family Members of such Qualified Stockholder and/or (iii) any other Permitted Entity of such Qualified Stockholder, or (b) any general partnership, limited partnership, limited liability company, corporation or other entity exclusively owned by (i) such Qualified Stockholder, (ii) one or more Family Members of such Qualified Stockholder and/or (iii) any other Permitted Entity of such Qualified Stockholder.

  • Material Related Party Transaction means a transaction with a related party if the transaction / transactions to be entered into individually or taken together with previous transactions during a financial year, exceeds ten percent of the annual consolidated turnover of the company as per the last audited financial statements of the company.

  • Related Party Agreements shall have the meaning set forth in Section 3.19 herein.

  • Excluded Agreements means (i) the Warrant Agreement; and (ii) any stock purchase agreement, options, or other warrants to acquire, or agreements governing the rights of, any capital stock or other equity security, or any common stock, preferred stock, or equity security issued to or purchased by Us or Our nominee or assignee.

  • Regulated Entities (REs) means

  • material hoist means a hoist used to lower or raise material and equipment, excluding passengers; "medical certificate of fitness" means a certificate contemplated in regulation 7(8);