COLLATERAL CONTRACTS Sample Clauses

COLLATERAL CONTRACTS. The Lessee shall be responsible for all other contracts, obligations, and expenditures made in connection with its use of the leased premises. By way of illustration and not limitation, these contracts may include entertainment, catering, fees, and licenses, insurance, special furnishings or decoration, staffing, etc.

COLLATERAL CONTRACTS. From time to time the Corporation may wish to enter into contracts with third parties for the sole purpose of evaluating the technology of a third party or because the third party will not agree to contract with PPD for Designated Services or Designated Products, which contract may include performance of a Designated Service by the Corporation or delivery by the Corporation of a Designated Product (a "Collateral Contract"). The Corporation shall be permitted to enter into such Collateral Contracts in its name provided that (i) each such Collateral Contract is approved by PPD prior to its execution and (ii) subject to compliance with applicable confidentiality provisions, a copy of each fully executed Collateral Contract shall be provided to PPD in accordance with the notice provisions herein within seven (7) days after final execution of the Collateral Contract. In cases in which a third party indicates an unwillingness to contract with PPD for Designated Services or Designated Products, the Corporation shall use good faith efforts to have such third party contract with PPD and, if unsuccessful, to use good faith efforts to include a provision permitting disclosure of such Collateral Contract to PPD in confidentiality clauses between such third party and the Corporation.

COLLATERAL CONTRACTS. Collateral contract is a contract where the same consideration is used as the consideration for the main contract It must be proved that the statement was held out as a promise to guarantee or assurance the consideration for which is entry in the main contract Even in cases about land, the collateral part does not have to be in writing (▇▇▇▇▇▇▇▇ v Ryde Corp) The collateral term has to be consistent with the main contract (Hoyts v ▇▇▇▇▇▇▇)

COLLATERAL CONTRACTS. The Owner agrees to provide by separate contract or otherwise, all labor and materials essential to the completion of any work specifically excluded from the Contract Documents.

COLLATERAL CONTRACTS. The courts in the past have attempted to deal with the problem by the collateral contract approach where there were two contracts one relating to the land and one to the missing elements. The Court of Appeal has rejected the argument as seen in ▇▇▇▇▇ v ▇▇▇▇▇▇▇ Fencing [2001] PLCS 249. The Court of Appeal gave the matter due consideration where Lord ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ determined that where there is a term which has not been expressly included into the contract, whether this can be regarded as a separate contract should be determined on the basis of whether the additional term was considered to be a dependent part of the terms of the contract for the sale of land. The matter was considered once again in the case of Dolphin Quays Development Ltd v ▇▇▇▇▇ [2006] EWHC 931. In this case B was owed £1.85 million by DQD Ltd which owned a newly constructed block of flats. The agreement was that B should be given a long lease on a flat in part satisfaction of that debt. The price was stated as £600,000. The agreement was recorded in a letter written on the notepaper of DQD Ltd. The next day the parties entered into the agreement for lease. DQD Ltd subsequently transferred its interest in the block of flats to S. B failed to complete the purchase and S sold the flat on the open market and claimed the difference in the sale price and the price shown in the contract with B in the sum of £155,000. The court held that the agreement for sale of the flat lease failed to incorporate all the terms that the parties had expressly agreed and intended to be included. The agreement was therefore void under Section 2 of the LPMPA 1989. A collateral contract may still arise where the term is used to refer to a contractual right that is very similar to promissory estoppel. It may arise where one party states it will only enter into a contract if the other party agrees not to enforce some provision of it against in specific circumstances. The courts seem more willing today to find an estoppel rather than using the collateral contract argument to save an agreement falling foul of Section 2!

COLLATERAL CONTRACTS. A true, complete and correct copy of each Contract referred to in the definition of "COLLATERAL" in Section 1.01 as currently in effect (including all exhibits, schedules and documents referred to therein or delivered pursuant thereto, if any), together with any amendments thereto, and any payment schedules in respect thereof, each duly executed and delivered by each party thereto.

COLLATERAL CONTRACTS. PCCA agrees to provide, by separate agreement or otherwise, all labor and material essential to the completion of work specifically excluded from the Contract Documents but necessary for Task Order completion so as not to unduly delay the progress of the Task Order, except where such delays are excused by the Agreement.