Examples of Economic Contract in a sentence
Agreement may not be possible (e.g.: Art 5 of the Chinese Foreign Economic Contract Law rules that only Chinese Law can be applied for joint venture contracts between a foreign investorand a Chinese company).Choosing one system for law and proceedings gives a title for execution in the same legal system – can be disadvantageous ifrespondent has no assets in this jurisdiction.As a result of negotiation parties often choose a neutral governing law.
Aligning with strengthening our Economic Contract, our Programme for Government seeks to ensure a renewed focus on young people via the Young Person’s Guarantee.
An example of an Economic Contract is a purchase order where each order line is a Commitment.
Once the updated guidance has been published, the Operator shall produce an Economic Contract for approval by TfW, acting reasonably and on behalf of Welsh Government, within(6) six months of publication of the guidance.
Any matters not clearly stated in this contract will follow the relevant regulations in the Economic Contract Law of the People's Republic of China.
Furthermore, an Agreement with any economic commitment is called Economic Contract and specifies the economic exchanges to occur, which is represented by the entity Commitment.
At the front and centre of this work has been the development and introduction of the new operating model (Economic Contract, the Calls to Action and the Economy Futures Fund).This is the centrepiece of the Plan and now frames our relationship with business.
China “transplanted” the concept of anticipatory breach from its 1985 Foreign Economic Contract Law (FECL),202 which states:A party may temporarily suspend its performance of the contract if it hasconclusive evidence that the other party is unable to perform the contract.
These laws include the Constitution, Civil Law, Civil Procedure Law, Criminal Law, Criminal Procedure Law, Economic Contract Law, Marriage Law, Law of Inheritance, Law on Population and Family Planning and Rural Land Contract Law.
This has influenced the development of key policy changes, such as the Economic Contract and its associated Calls to Action.