Standard Condition Clause Samples
A Standard Condition clause sets out the baseline terms and requirements that must be met for a contract or agreement to be valid and enforceable. These conditions typically include obligations such as obtaining necessary approvals, fulfilling regulatory requirements, or ensuring certain events occur before the parties are bound to perform. For example, a contract for the sale of property may be subject to the buyer securing financing or the property passing inspection. The core function of this clause is to ensure that both parties are protected by making the contract contingent on specific, predefined events or actions, thereby reducing uncertainty and allocating risk fairly.
Standard Condition. Renter confirms that s/he has been provided a copy of the “Standard Condition” checklist, and understands that it is Renter’s responsibility, and at Renter’s sole expense, to ensure that the venue is returned to the “standard condition” within 48 hours after use of the venue. Unless Renter makes other arrangements, The Big Red Barn will begin clean-up of and service to the venue the day following the event; any and all expenses will be deducted from Renter’s Deposit as further described below.
Standard Condition. 1.1.1(e) shall be deleted and replaced by the following: "contract rate" means 3% per annum above the base lending rate for the time being of Barclays Bank plc calculated on a day to day basis"
Standard Condition. Rented materials are the property of the Laurier Bookstore and remain so during the rental period. The rental book must be returned in Laurier Bookstore Standard Condition. - Laurier Bookstore Standard Condition will be determined by us at our sole discretion, but generally means book spine intact, no excessive damage to cover or contents, all original pages intact, all original components present, no water or coffee spills, and no excessive highlighting, writing or other markings. Normal use, highlighting and writing is permitted. - Rental books and any accompanying parts (CD/DVD, Solutions Manuals etc.) must be returned by 4 pm on December 20, 2019. Books not returned by 4 pm on the specified rental return date will be considered late and subject to the fees outlined above. - The Laurier Bookstore is not responsible for reminding you of your rental return date. Any and all notifications are a courtesy. You are responsible for complying with the Rental Return Dates. You agree and acknowledge that a Rental book returned even 1 day after the Rental Return Date is considered to be non-returned and Non-Return Fees/Buy-out fees will apply - You are responsible for loss or theft of all rental materials. - All identifying stickers/labels on the textbook must remain intact, including the rental serial number. - You agree to allow us to use email to communicate with you for the purposes of administering this agreement. Email will be through your official Laurier @▇▇▇.▇▇ account. - This agreement may not be assigned or transferred by the customer. - This agreement shall be governed by the laws of the province of Ontario.