Legal Risks Clause Samples
The Legal Risks clause identifies and addresses potential legal liabilities or exposures that may arise from entering into or performing under the agreement. It typically outlines the types of legal risks involved, such as regulatory compliance, intellectual property infringement, or contractual breaches, and may specify which party is responsible for managing or mitigating these risks. By clearly defining legal risks and responsibilities, this clause helps allocate risk between the parties and ensures that both sides are aware of and prepared for possible legal challenges, thereby reducing uncertainty and potential disputes.
Legal Risks. Contagion Risk. The UCITS has the legal form of a collective trusteeship, with an umbrella structure. Each Sub-Fund constitutes a pool of assets and liabilities separate from other Sub-Funds of the UCITS, and, as a matter of Liechtenstein law, the assets of any one Sub-Fund are not available to meet the liabilities of
Legal Risks. The Parties acknowledge and agree that Licensee faces certain legal risk which include, but are not limited to, the following:
(a) Licensee and its suppliers or vendors, including Licensor, could be subject to criminal prosecution at any time pursuant to Applicable Law or other Governmental Authority;
(b) Certain jurisdictions, under Applicable Law or other Governmental Authority, may take actions to stop, hinder, delay or harm Licensee or take other actions that would be detrimental to Licensee; and
(c) This Agreement may be deemed void for illegality in whole or in material part.
Legal Risks. Contagion Risk. The UCITS has the legal form of a collective trusteeship, with an umbrella structure. Each Sub-Fund constitutes a pool of assets and liabilities separate from other Sub-Funds of the UCITS, and, as a matter of Liechtenstein law, the assets of any one Sub-Fund are not available to meet the liabilities of another Sub-Fund. However, the UCITS may operate or have assets held on its behalf or be subject to claims in other jurisdictions which may not necessarily recognize such segregation and in such circumstances the assets of one sub-fund may be exposed to the liabilities of another sub-fund whose assets are exhausted.
Legal Risks. In any adoption there may be legal risks. These include the risk that the agency or court in the foreign country may not approve Adopting Parents’ adoption or will change the requirements for Adopting Parents to complete the adoption. There may be issues raised by a termination of parental rights in the foreign court based on a relinquishment by the birth mother only, not the birth father. If Adopting Parents must finalize or confirm Adopting Parents’ adoption when Adopting Parents return home with a child, the court in Adopting Parents’ state may not approve the adoption or may have additional requirements Adopting Parents must meet beyond those of the foreign court or the NBC. Nightlight strongly recommends that Adopting Parents consult with an attorney regarding any issues which are of concern to Adopting Parents. Although risks can never be totally eliminated, Nightlight encourages Adopting Parents to talk to other adoptive parents and adoption professionals who are familiar with international adoptions to better understand the risks involved.
Legal Risks. In the Special Needs Program, Parent(s) may view information regarding waiting children early on in the adoption process. There is a risk that Parent(s) may not receive a favorable recommendation for adoption from their home study provider; this would inhibit Parent(s) from being permitted to adopt the referred or any child. There is a risk that Parent(s) may not receive an approval of their I600A or other immigration documents, which would inhibit Parent(s) from being able to adopt.
Legal Risks. International adoption involves significant legal risks, as there are four separate legal systems involved: state law, federal law, foreign law, and international law. Such laws and policies and changes thereto and updates thereof are beyond the control of MLJ. MLJ cannot and does not guarantee that the laws and policies of the sending country or the laws and policies of the receiving country will not change causing significant impediments to the adoption process for Parent(s) or disallowing a successful adoption for Parent(s) altogether. Parent(s) understand that, while MLJ will make reasonable efforts to remedy all legal problems, due to the conflict of laws (United States law vs. Foreign or International law), there may not be an adequate remedy at law for Parent(s). These legal risks include the possibility that the foreign country’s government could change the laws regarding adoption prohibiting Parent(s) from continuing with the adoption. There is the possibility that the foreign country could become engaged in a civil or international dispute/conflict/transfer of power that would consequently inhibit the adoption process. MLJ cannot and does not guarantee that:
(a) Any child will be referred to Parent(s) or placed with Parent(s) for purposes of adoption;
(b) Any child will be placed with Parent(s) for the purposes of adoption
(c) The Child will be allowed to immigrate to the receiving country; or
(d) ▇▇▇▇▇▇(s) will be successful in the adoption of any child. As MLJ represents Parent(s) as their attorney or agency throughout the international adoption process, MLJ requests that any legal questions Parent(s) may have regarding adoption will be directed to MLJ.
Legal Risks. The legal situation of certain cryptocurrencies or digital tokens can be uncertain, that is, the maintenance or commercialization of these is not always completely clear. It may also seem unclear whether one or more cryptocurrencies or digital tokens constitute property, assets or rights of any kind. Users thereof are responsible for knowing and understanding how cryptocurrencies or digital tokens will be addressed, regulated and taxed under applicable law.
Legal Risks. The country may not have had a great number of adoptions in the past, or may have been closed to adoptions in recent years, and therefore may modify its laws throughout the process as more prospective adoptive parents apply to adopt from the country. The information that has been provided to you regarding the requirements of the program is based on the current laws and regulations of the Country. These requirements can change at any time, and for any reason.
Legal Risks. The legal status of digital assets and cryptocurrencies varies significantly across jurisdictions. Some regions have clear regulations, while others maintain ambiguous or restrictive stances on the legality, compliance, or taxation of digital assets. Users must understand and comply with the laws and regulations of their jurisdiction, including but not limited to taxation, financial oversight, anti-money laundering (AML), and counter-terrorism financing (CFT) requirements. The Platform shall not be liable for legal disputes or losses arising from Users’ non-compliance with local laws. Users are solely responsible for their actions and their consequences when using the Platform’s services.
Legal Risks. In any adoption there may be legal risks. These include the risk that the agency or court in the foreign country may not approve your adoption or will change the requirements for you to complete the adoption. There may be issues raised by a termination of parental rights in the foreign country based on a relinquishment by the birthmother only, not the birth father. If you must finalize or confirm your adoption when you return home with a child, the court in your state may not approve the adoption or may have additional requirements you must meet beyond those of the foreign court or the USCIS. We strongly recommend that you consult with an attorney regarding any issues which are of concern to you.