Guam Entire Agreement and No Waiver

State:
Multi-State
Control #:
US-OL18013
Format:
Word; 
PDF
Instant download

Description

This office lease contains the entire agreement between the parties and all prior negotiations and agreements are merged in this lease. The owner has not made any warranties with respect to the demised premises, the building, the real property or this lease except as expressly set forth in this lease and no rights, easements or licenses are or shall be acquired by the tenant by implication or otherwise unless expressly set forth in this lease.

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FAQ

The Buy American statute does not apply to procurement below the micro-purchase threshold, or if the product will be used outside of the United States. In addition, some of the restrictions may be waived pursuant to the Trade Agreements Act of 1979.

A: A waiver may be granted for a manufactured good that is not available in sufficient and reasonably available commercial quantities of a satisfactory quality. If you believe that a domestically-available manufactured good is not of a satisfactory quality, you may decide to file a nonavailability waiver request.

A hold harmless clause, also known as an exculpatory clause or release of liability clause, is a standard waiver clause that states that one party won't hold the other liable for damages, losses, or costs associated with incurred legal issues.

Increase to the Domestic Content Threshold Pursuant to the final rule, the cost of the domestic components in a manufactured end product delivered in 2023 must exceed 60% of the cost total component cost. This is an increase from the previous 55% domestic content threshold.

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Guam Entire Agreement and No Waiver