Webb15 juni 2011 · In section 9:50.70 (c), Tony states that a "pay-or-play" agreement is one in which the performer's "compensation is earned in full under any and all circumstances … WebbLiquidated damages clause. Including a liquidated damages (LD) clause in a commercial contract is a popular way of dealing with the possibility of breach. The essence of an LD clause is that a party in breach of its obligations under a contract is obliged, by that contract, to pay a particular sum by way of compensation for that breach.

The Latest Changes in VC Deal Terms — Pay-to-Play

Webb25 juli 2024 · An independent clause (also known as a main clause) is a word group that has both a subject and a verb and can stand alone as a sentence. A dependent clause (also known as a subordinate clause) is a word group that has both a subject and a verb but can't stand alone as a sentence. Webb22 juli 2024 · The court held that the payment obligation is triggered by the time the Owner reasonably should have paid for the subcontractor’s work, not from when it actually did pay for the work. In other words, the clause does not eliminate the contractor’s obligation to pay simply because the Owner does not pay. This interpretation of pay when paid ... pumpkin guardian of the grave

Guarantee (filmmaking) - Wikipedia

Webb12 juni 2024 · This is a fairly standard cram-down or pay-to-play financing. Sometimes it’s called a recap. They can get a lot more onerous, as well as complicated. Currently, we … Webb7 aug. 2024 · Legal alerts New York Pay When Paid. New York pay when paid clauses, like many other states, will only serve as a timing mechanism – unlike pay if paid clauses. As … Webb13 sep. 2024 · A pay-to-play provision in a term sheet requires investors to participate, at the company’s request, in subsequent financing rounds on a pro rata basis. If an investor … secher filet mignon