This office lease form lists the services provided by the landlord. This form states the days and times that the services are available to the tenant as long as the tenant is not in default under any of the terms, covenants or conditions of the lease.
Louisiana Complex Services Clauses Onerous Approach
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Multi-State
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US-OL16013B
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Onerous Condition means for these purposes, an action that requires a difficult or significant expenditure, in comparison to the size, resources and school budget; or changes in the structure of the institution not allowed by law or construction policies, in particular, those applicable to buildings of a historical ...
Civil Code. CC 2038 ? Onerous contract made by the obligor. An obligee may annul an onerous contract made by the obligor with a person who knew or should have known that the contract would cause or increase the obligor's insolvency.
A gratuitous contract, also known as a contract of pure beneficence, is one where one of the parties intends to benefit the other without expecting anything in return. This is in contrast to an onerous contract where each party expects to give and receive a benefit or consideration.
What makes a contract onerous? IAS 37 defines an onerous contract as a contract in which the unavoidable costs of meeting the obligations under the contract exceed the economic benefits expected to be received under the contract.
Gratuitous contract in American English noun. Law. a contract for the benefit of only one of the parties, the other party receiving nothing as consideration.
Something gratuitous is something that is done voluntarily or for free. For example, anything given by some person to another without consideration is considered gratuitous.
The following are examples of clauses that the Courts have held to be onerous: A clause that requires a purchaser of defective goods to return them at its own expense; and. The imposition of excessive transfer and cancellation fees for customers seeking to switch contracts with mobile network suppliers.
Difficult to do or needing a lot of effort: the onerous task of finding a peaceful solution. She found the duties of motherhood onerous. Synonyms. burdensome formal.