Arkansas Notice Provisions - Giving of Notice as an Obligation or as a Condition Precedent

State:
Multi-State
Control #:
US-ND1508
Format:
Word; 
PDF
Instant download

Description

This form provides a boilerplate contract clause authorizing each party's attorney to give notice on behalf of his or her client.

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FAQ

A notice provision is an agreement between parties on how to receive notices about contractual matters, and this clause should be very clear on its requirements. Typically, it will include the following information: How the notice should look. Acceptable methods for sending notices, such as by email, fax, or mail.

A notices clause is often included in an agreement to ensure that each party has certainty and clarity in relation to formal communications between the parties and the giving of notices to, and the receipt of notices from, the other parties to the agreement.

A contract provision is a stipulation within a contract, legal document, or a law. A contract provision often requires action by a specific date or within a specified period of time. Contract provisions are intended to protect the interests of one or both parties in a contract.

Contract notice provisions set out the means by which one party can bring to the attention of another party matters which must be brought to their attention under the contract, by giving "notice".

Notice provisions in contracts normally provide a specific and defined time frame within which a party must strictly adhere to provide notice of a claim or change event.

(a) In addition to any other right to revoke an offer, the buyer has the absolute right to cancel a home solicitation contract or offer until midnight of the third calendar day, excluding Sundays and holidays as declared in § 1-5-101, after the day on which the buyer signs an agreement.

Purpose of Notice Clauses Contract notice provisions set out the means by which one party can bring to the attention of another party matters which must be brought to their attention under the contract, by giving "notice".

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Arkansas Notice Provisions - Giving of Notice as an Obligation or as a Condition Precedent