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Subject to contract definition

Subject to contract means that the agreement cannot be relied upon by the employer or the employee concerned, until it has been signed by both parties. The use of "subject to contract" is considered enough to avoid any claims that an agreement was reached orally before the settlement (compromise) agreement was signed.
Subject to contract means that the settlement agreement will not be binding unless it has been signed by both parties.
Subject to contract offers means that the offer price can still be negotiated (if a survey finds problems with the property)

Examples of Subject to contract in a sentence

  • Its role is to serve as a more effective legal force to already existing rights by enshrining them as a fundamental aspect of the EU.

  • Subject to contract, the Purchaser who signs the preliminary agreement for sale and purchase to purchase any one residential property in Tower 1, Tower 7 or Tower 8 included in this price list will have the priority to purchase one residential parking space in the Development (price and details of the purchase will be determined by the Vendor at its sole and absolute discretion and will be announced later).

  • Subject to contract between the partners, the property of the firm shall be held and used by the partners exclusively for the purposes of the business.

  • Subject to contract, the Purchaser who signs the preliminary agreement for sale and purchase to purchase any of the following residential properties (some of which are included in this price list and the remaining of which are included in other price lists of the Development) will have the priority to purchase a residential parking space in the Development (price and details of the purchase will be determined by the Vendor at its sole and absolute discretion and will be announced later).

  • Subject to contract and at our sole discretion we may in some cases permit a requisitioner to design and construct at their cost a sewer or public lateral drain through third party land using our powers to construct the pipe under notice - A developer delivered requisition.

  • Subject to contract, the Purchaser who signs the preliminary agreement for sale and purchase to purchase any of the residential properties listed in this price list will be invited to purchase a residential parking space in this development (price and details of the purchase will be determined by the Vendor at its sole and absolute discretion) and to use such residential parking space as a licensee before the completion of the sale and purchase of such residential parking space with no licence fee.

  • Subject to contract rights, if any, as they or any of them may have, the President, the Chief Executive Officer, the Chairman and, the Treasurer shall serve at the pleasure of the Board and until their successors shall have been duly elected and qualified.

  • Subject to contract between the partners, the provisions of clause (a) of section 16 shall apply to transactions by any surviving partner or by the representatives of a deceased partner, undertaken after the firm is dissolved on account of the death of a partner and before its affairs have been completely wound up: PROVIDED that where any partner or his representative has bought the goodwill of the firm, nothing in this section shall affect his right to use the firm name.

  • The statutory sector undertake to: • Consider the timing of payments to create the right incentives for delivery• Where feasible, consider making payments in advance of expenditure rather than in arrears, taking into account the impact this may have on the organisation and the service• Subject to contract terms, make payments within 30 days of a correct invoice.

  • Subject to contract, a Purchaser who signs the preliminary agreement for sale and purchase to purchase any residential property(ies) listed in this price list will have the priority to purchase a residential parking space in the Development for each such designated residential property purchased (price and details of sale of the residential parking spaces will be determined by the Vendor at its sole and absolute discretion and will be announced later).


More Definitions of Subject to contract

Subject to contract is used as seen in the judgement provided by Rattee J1, if “subject to contract” is used or not “each party is free to withdraw from negotiations at any time”. This is commonly known as the freedom of contract principle. Freedom of contract is a “negative freedom”2 It is easy to see how some contracting parties would be tempted into securing their negotiations through contract, or an agreement to agree. In May & Butcher v R3 and agreement for the sale of tentage provided that the price, dates of payment and manner of delivery should be agreed “from time to time”. On these facts, the House of Lords held that the agreement was incomplete, as it was open ended. It was famously upheld by Lord Denning4 that the law would categorically not recognise a contract to negotiate and he went on to say if there was a fundamental term left to negotiate then there would be no contract at all. Iƒ the law does not recognise a contract to enter into a contract (when there is a ƒundamental term leƒt to be agreed) it seems to me it cannot recognise a contract to negotiate. The reason is it is too uncertain to have any binding ƒorce. No court could estimate the damages because no-one can tell whether the negotiations would be successƒul or ƒall through; or iƒ successƒul, what the result would be. It seems to me that a contract to negotiate, like a contract to enter a contract, is not a contract known to the law. It is very difficult to make generalisations in this area but it seems courts look for substantial agreement between the parties and, if this is present, it accords with commercial practice that some points may be left out for future resolution without vitiating the agreement as long as it is not a “fundamental term”. It is nevertheless very difficult to ascertain the nature and extent of the issues that may be left for future agreement. In Xxxxx v Classique Coaches Ltd5 the plaintiff owned a petrol station and adjoining land which he agreed to sell to the defendants on the condition they should agree to buy all the petrol for their coach business from him. The agreement regarding the petrol was executed and provided that it was to be supplied “at a price to be agreed by the parties in writing from time to time”. The land was conveyed and the petrol agreement was acted upon for three years but the defendants the repudiated it arguing that it was incomplete in relation to the price of petrol. The Court of Appeal held that the agreement was enforceable and that consequent...
Subject to contract means that the agreement will not be binding until it is signed by one or both parties. Until then, it remains purely an instrument of negotiation and can be withdrawn at any time.
Subject to contract means “not binding”. Anything before exchange is subject to contract. People speak of an agreement before contract. There is no agreement at that stage. The agreement is the contract.
Subject to contract means in this context and how far these discussions or agreements can be disclosed in proceedings. We will cover:

Related to Subject to contract

  • Subject to regulation means, for any air pollutant, that the pollutant is subject to either a provision in the Clean Air Act, or a nationally applicable regulation codified by the Administrator in 40 CFR Subchapter C (Air Programs) that requires actual control of the quantity of emissions of that pollutant, and that such a control requirement has taken effect and is operative to control, limit or restrict the quantity of emissions of that pollutant released from the regulated activity, except that:

  • with respect to any Person means, without duplication:

  • Instructions to Consultants (Section 2 of the RFP) means the document which provides shortlisted Consultants with all information needed to prepare their Proposals.

  • Company By-laws means the by-laws of the Company, as amended to the date of this Agreement.

  • at the individual request of a recipient of services means that the service is provided through the transmission of data on individual request.

  • Indemnify means an undertaking to pay any damages, claim or taxed costs awarded by a court or agreed to by the municipality in terms of a formal settlement process;

  • Assign means to directly or indirectly sell, transfer, assign, distribute, exchange, pledge, hypothecate, mortgage, grant a security interest in, encumber or otherwise dispose of Registrable Securities, whether voluntarily or by operation of law, including by way of a merger. “Assignor,” “Assignee,” “Assigning” and “Assignment” have meanings corresponding to the foregoing.

  • (1) In this Act employee” means an individual who has entered into or works under (or, where the employment has ceased, worked under) a contract of employment.

  • Verification on oath or affirmation means a declaration, made by an individual on oath or affirmation before a notarial officer, that a statement in a record is true.

  • Right of First Refusal means the Company’s right of first refusal described in Section 8.

  • Right of First Refusal and Co-Sale Agreement means the agreement among the Company, the Purchasers, and certain other stockholders of the Company, dated as of the date of the Initial Closing, in the form of Exhibit F attached to this Agreement.

  • In this award, unless the contrary intention appears:Act means the Fair Work Act 2009 (Cth)[Definition of adult apprentice inserted by PR544268 ppc 01Jan14] adult apprentice means an apprentice who is 21 years of age or over at the commencement of their apprenticeshipagreement-based transitional instrument has the meaning in the Fair Work (Transitional Provisions and Consequential Amendments) Act 2009 (Cth)award-based transitional instrument has the meaning in the Fair Work (Transitional Provisions and Consequential Amendments) Act 2009 (Cth)[Definition of default fund employee inserted by PR546097 ppc 01Jan14] default fund employee means an employee who has no chosen fund within the meaning of the Superannuation Guarantee (Administration) Act 1992 (Cth)[Definition of defined benefit member inserted by PR546097 ppc 01Jan14] defined benefit member has the meaning given by the Superannuation Guarantee (Administration) Act 1992 (Cth)[Definition of Division 2B State award inserted by PR503694 ppc 01Jan11] Division 2B State award has the meaning in Schedule 3A of the Fair Work (Transitional Provisions and Consequential Amendments) Act 2009 (Cth)[Definition of Division 2B State employment agreement inserted by PR503694 ppc 01Jan11] Division 2B State employment agreement has the meaning in Schedule 3A of theFair Work (Transitional Provisions and Consequential Amendments) Act 2009 (Cth)[Definition of employee substituted by PR997772 from 01Jan10] employee means national system employee within the meaning of the Act [Definition of employer substituted by PR997772 from 01Jan10] employer means national system employer within the meaning of the Actenterprise award-based instrument has the meaning in the Fair Work (Transitional Provisions and Consequential Amendments) Act 2009 (Cth)NES means the National Employment Standards as contained in sections 59 to 131 of the Fair Work Act 2009 (Cth)on-hire means the on-hire of an employee by their employer to a client, where such employee works under the general guidance and instruction of the client or a representative of the clientstandard rate means the minimum weekly wage for Level 3 in clause 14—Minimum wagestransitional minimum wage instrument has the meaning in the Fair Work (Transitional Provisions and Consequential Amendments) Act 2009 (Cth)

  • Condition of the Company means the assets, business, properties, operations or condition (financial or otherwise) of the Company and its Subsidiaries, taken as a whole.

  • Right of Co-Sale means the right, but not an obligation, of an Investor to participate in a Proposed Key Holder Transfer on the terms and conditions specified in the Proposed Transfer Notice.

  • Delegate means any delegate, agent, attorney or co-trustee appointed by the Security Trustee.

  • Insider means any person who is:

  • Original Holder shall have the meaning given in the Recitals.

  • Executive head with reference to this state means the governor, who may appoint a compact administrator in accordance with Article VII of the compact.

  • Refuse to Cooperate means to obstruct the collection or testing process; to submit an altered, adulterated or substitute sample; to fail to show up for a scheduled test; to refuse to complete the requested drug testing forms; or to fail to promptly provide specimen(s) for testing when directed to do so, without a valid medical basis for the failure. Employees who leave the scene of an accident without justifiable explanation prior to submission to drug and alcohol testing will also be considered to have refused to cooperate and will automatically be subject to discharge.

  • Right of Repurchase means the Company’s right of repurchase described in Section 7.

  • Repurchase Rules and Regulations shall have the meaning specified in Section 6.14 of the Indenture.

  • Permitted Assign means, for a person that is an employee, executive officer, director or consultant of an issuer or of a related entity of the issuer,

  • Zoning By-law means the Zoning By-Law of the Municipality or any successor thereof passed pursuant to Section 34 of the Planning Act, S.O. 1998.

  • 6.-(1) In this Act an earlier trade mark” means -

  • Amended By-Laws means the By-laws of the Trust, as amended through the date hereof, establishing the powers, preferences and rights of the APS.

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.