Subject to contract definition

Subject to contract means that the agreement cannot be relied upon by the employer or the employee concerned, until it has been signed by both parties. The use of "subject to contract" is considered enough to avoid any claims that an agreement was reached orally before the settlement (compromise) agreement was signed.
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Subject to contract means that the settlement agreement will not be binding unless it has been signed by both parties.
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Subject to contract means “not binding”. Anything before exchange is subject to contract. People speak of an agreement before contract. There is no agreement at that stage. The agreement is the contract.
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Examples of Subject to contract in a sentence

  • Subject to contract, this ▇▇▇▇▇▇▇▇ SLA states the sole and exclusive remedy for any failure by ▇▇▇▇▇▇▇▇ to meet the SLA.

  • Subject to contract and without prejudice This agreement shall be deemed to be without prejudice and subject to contract until such time as it is signed by both parties and dated, when it shall be treated as an open document evidencing a binding agreement.

  • Subject to contract provisions of Article XVI and Article XXI, the district shall have the right to assign elementary teaching staff lunch and recess duties.

  • Subject to contract negotiations, employees may be eligible for step advancement on July 1 if employed prior to January 1 of that year.

  • Subject to contract, the Company intends to purchase all the shares of the New Target Companies, which, as far as the Company is aware, are held by the Third Party as at the date of this announcement.

  • Safeguarding (CEO) Finance Director Regional Directors Governance and Compliance Support Legal (Subject to contract negociation) • Provide advice and guidance on case management and on completion of s175 audit.

  • Template Cover page Settlement Agreement Subject to contract Without prejudice [or] Covered by section 111A of the Employment Rights Act 1996 This Settlement Agreement ('the Agreement') is made between [employer name] ('the Employer') and [employee name] ('the Employee').

  • Property To: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Re: Land adjacent to No.1 The Orchard, Gunnislake Closing date: 12:00 hours on 25th September 2015 Subject to contract Name: …………………………………………………………………………………………………………..… Address: ……………………………………………………………………………………………………………… …………………………………………………… Postcode: ………………………………… Telephone number: ……………………………………………… I wish to submit an offer of (words and figures): £………………………………………………… …………………………………………………………………………………………… for the above property.

  • Subject to contract provisions, contract chap- lains shall have access to all locations within the institution and freedom to respond to the needs of staff and inmates at all times.

  • Suppliers shall be entitled to claim contract price adjustment as follows: • 90% of the tendered price will be subject to adjustment annually based on the average Consumer Price Index (CPI) as follows: • 10% of the tendered price will be Fixed and not subject to adjustment for the duration of contract From start of 37th month to the end of the 48th month: Subject to contract price adjustment in accordance with the Consumer Price Index .


More Definitions of Subject to contract

Subject to contract offers means that the offer price can still be negotiated (if a survey finds problems with the property)
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Subject to contract means in this context and how far these discussions or agreements can be disclosed in proceedings. We will cover:
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Subject to contract means that the agreement will not be binding until it is signed by one or both parties. Until then, it remains purely an instrument of negotiation and can be withdrawn at any time.
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Subject to contract is used as seen in the judgement provided by Rattee J1, if “subject to contract” is used or not “each party is free to withdraw from negotiations at any time”. This is commonly known as the freedom of contract principle. Freedom of contract is a “negative freedom”2 It is easy to see how some contracting parties would be tempted into securing their negotiations through contract, or an agreement to agree. In May & Butcher v R3 and agreement for the sale of tentage provided that the price, dates of payment and manner of delivery should be agreed “from time to time”. On these facts, the House of Lords held that the agreement was incomplete, as it was open ended. It was famously upheld by Lord Denning4 that the law would categorically not recognise a contract to negotiate and he went on to say if there was a fundamental term left to negotiate then there would be no contract at all. Iƒ the law does not recognise a contract to enter into a contract (when there is a ƒundamental term leƒt to be agreed) it seems to me it cannot recognise a contract to negotiate. The reason is it is too uncertain to have any binding ƒorce. No court could estimate the damages because no-one can tell whether the negotiations would be successƒul or ƒall through; or iƒ successƒul, what the result would be. It seems to me that a contract to negotiate, like a contract to enter a contract, is not a contract known to the law. It is very difficult to make generalisations in this area but it seems courts look for substantial agreement between the parties and, if this is present, it accords with commercial practice that some points may be left out for future resolution without vitiating the agreement as long as it is not a “fundamental term”. It is nevertheless very difficult to ascertain the nature and extent of the issues that may be left for future agreement. In ▇▇▇▇▇ v Classique Coaches Ltd5 the plaintiff owned a petrol station and adjoining land which he agreed to sell to the defendants on the condition they should agree to buy all the petrol for their coach business from him. The agreement regarding the petrol was executed and provided that it was to be supplied “at a price to be agreed by the parties in writing from time to time”. The land was conveyed and the petrol agreement was acted upon for three years but the defendants the repudiated it arguing that it was incomplete in relation to the price of petrol. The Court of Appeal held that the agreement was enforceable and that consequent...
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Related to Subject to contract

  • Subject to regulation means, for any air pollutant, that the pollutant is subject to either a provision in the Clean Air Act, or a nationally applicable regulation codified by the Administrator in 40 CFR Subchapter C (Air Programs) that requires actual control of the quantity of emissions of that pollutant, and that such a control requirement has taken effect and is operative to control, limit or restrict the quantity of emissions of that pollutant released from the regulated activity, except that:

  • with respect to any Person means any security, right, subscription, warrant, option, "phantom" stock right or other Contract that gives the right to (i) purchase or otherwise receive or be issued any shares of capital stock or other equity interests of such Person or any security of any kind convertible into or exchangeable or exercisable for any shares of capital stock or other equity interests of such Person, or (ii) receive any benefits or rights similar to those enjoyed by or accruing to the holder of shares of capital stock or other equity interests of such Person, including without limitation, any rights to participate in the equity, income or election of directors or officers of such Person.

  • Instructions to Consultants (Section 2 of the RFP) means the document which provides shortlisted Consultants with all information needed to prepare their Proposals.

  • Company By-laws means the by-laws of the Company, as amended to the date of this Agreement.

  • at the individual request of a recipient of services means that the service is provided through the transmission of data on individual request.