Incomplete Contracts Clause Samples

The Incomplete Contracts clause addresses situations where not all terms or contingencies are fully specified within an agreement. In practice, this clause acknowledges that certain details may be left open or undefined, either due to uncertainty or the impracticality of predicting every possible scenario. It typically outlines how parties should handle gaps, such as by referring to industry standards, good faith negotiations, or future agreements. The core function of this clause is to provide a framework for resolving ambiguities or omissions, thereby reducing disputes and ensuring the contract remains workable even when unforeseen issues arise.
POPULAR SAMPLE Copied 1 times
Incomplete Contracts. Tracking and monitoring of incomplete contracts will be part of grad assurance team at the HS and students support team (MTSS) at the middle school, led by the principal. a. The team will monitor and track progress. b. Counselors or designated team members, will progress monitor students within their assigned caseload or as allocated by the team. There shall be equitable distribution of incomplete contracts amongst grad assurance or MTSS team members. c. The team, in collaboration with teacher, may identify additional completion options, such as the following: 1. Taking the next course in progression and retroactively changing the grade for the first course based on level of proficiency in the subsequent course 2. Retake the course in its entirety 3. Take a credit retrieval course 4. Submit additional work for assessment to the teacher who initiated the contract or another assigned staff member. d. Some staff- at each building may be assigned monitoring and assessing incomplete contracts as part of their instructional time, defined as time within the school day that is not assigned to planning, professional time, or duty-free lunch (e.g. staff might be assigned one period of contract monitoring). e. If a teacher other than one who is doing that duty as part of their instructional time is supporting and assessing completion of the contract, the staff member will receive a stipend of $50 for each completed contract. FWEA LETTER OF AGREEMENT Re: Impacted by the COVID-19 Crisis September 4, 2020 21Page
View SourceView Similar (2)
Incomplete Contracts. Certain of the Contracts referenced on the Disclosure Schedule are incomplete, either because they are missing one or more signatures or because they are missing one or more parts to the Contract. Each such Contract is denoted with an asterisk on the Disclosure Schedule (the “Incomplete Contracts”). Seller shall provide fully executed copies of each Incomplete Contract as soon as practicable. Notwithstanding anything in this Agreement to the contrary, Buyer may elect, in its sole discretion to assume (and accordingly treat as a Purchased Asset) or reject (and accordingly treat as an Excluded Asset) any Incomplete Contract unless (i) Seller provides Buyer with a complete, fully signed version (except for Contracts that are not material, and with respect to which it is not customary for one of the parties to sign) of the applicable Incomplete Contract, and (ii) such fully signed version does not differ in any material respect from the Incomplete Contract provided by Seller to Buyer prior to the date of this Agreement. Buyer’s election to assume any Incomplete Contract shall in no way limit any of Buyer’s rights under Section 10.4. Seller’s obligations pursuant to this Section 6.16 shall terminate on the Closing Date.
View SourceView Similar (2)
Incomplete Contracts. 54 ARTICLE VII CONDITIONS TO SELLER'S OBLIGATIONS..................................................... 54 7.1 Representations and Warranties.........................................................54 7.2 Agreements and Covenants...............................................................54 7.3 Consents; Regulatory Compliance and Approval........................................... 54 7.4 No Actions or Court Orders....
View Source
Incomplete Contracts 
View Source

Related to Incomplete Contracts

  • Complete Contract This Contract contains all the terms agreed upon by the Parties with respect to the subject matter of this Contract and supersedes all prior agreements, arrangements, and communications between the Parties concerning such subject matter, whether oral or written.

  • Incomplete Works In the event the Contractor fails to complete the Works in accordance with the Project Completion Schedule, including any Time Extension granted under this Agreement, the Contractor shall endeavour to complete the balance work expeditiously and shall pay Damages to the Authority in accordance with the provisions of Clause 10.3 (ii) for delay of each day until the Works are completed in accordance with the provisions of this Agreement. Recovery of Damages under this Clause shall be without prejudice to the rights of the Authority under this Agreement including the right to termination under Clause 23.1.

  • Incomplete IPO If the Issuer does not complete its IPO and has become a reporting issuer in one or more jurisdictions because it has obtained a receipt for its IPO prospectus, this Agreement will remain in effect until the securities regulators in those jurisdictions order that the Issuer has ceased to be a reporting issuer.

  • Material Contracts and Transactions Other than as expressly contemplated by this Agreement, there are no material contracts, agreements, licenses, permits, arrangements, commitments, instruments, understandings or contracts, whether written or oral, express or implied, contingent, fixed or otherwise, to which Pubco is a party except as disclosed in writing to Priveco or as disclosed in the Pubco SEC Documents.

  • Business Contracts (a) Schedule 2.13(a) sets forth a true, complete and correct list of the following Contracts (x) to which any of the Companies are a party as of the date of this Agreement or (y) by which any of the Companies are otherwise bound (other than (I) Contracts for commercially available software or any clickwrap, shrinkwrap or other similar standard form electronic Contracts and Company Benefit Plans and (II) the Leases) (the “Business Contracts”): (i) any Contract providing for aggregate annual payments to or by the Companies in excess of One Hundred Thousand Dollars ($100,000); (ii) any Contract that relates to the sale of any of the Companies, in whole or in part, directly or indirectly, or a material portion of the Companies’ assets, other than the sale of tangible personal property in the Ordinary Course of Business; (iii) any property management, leasing, brokerage or similar Contract with respect to the Real Property; (iv) any Contract relating to indebtedness (including, without limitation, guarantees) of any Company, in each case having an outstanding principal amount in excess of One Hundred Thousand Dollars ($100,000), other than indebtedness that is being paid in full at the Closing; (v) all collective bargaining agreements or agreements with any labor organization, union or association to which any Company is a party; (vi) any Contract under which any Company grants any exclusive rights, noncompetition rights, rights of first refusal, rights of first offer or rights of first negotiation to any Person; (vii) any Contract that contains a covenant not to compete that restricts the Business of the Companies or their Subsidiaries in any geographic location; (viii) all partnership agreements, limited liability company agreements and joint venture agreements relating to the Companies; and (ix) any Contract relating to the acquisition or sale of a business (or all or substantially all of the assets thereof) by the Companies. (b) HoldCo has made available or has caused to be made available to the Buyer Parties, prior to the date hereof, true, correct and complete copies of each Business Contract, together with all amendments or supplements thereto. There exist no defaults under any Business Contract by any of the Companies, or, to HoldCo’s Knowledge, by any other Person that is a party to any Business Contract. To HoldCo’s Knowledge, no party to any Business Contract other than the Companies intends to terminate any Business Contract.