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.
New York Complex Services Clauses Onerous Approach
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Multi-State
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US-OL16013B
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Onerous clauses It is a well-established legal principle that any ?onerous or unusual? conditions in a contract (including terms and conditions) will not be incorporated unless they have been brought to the counterparty's attention. Lawyers often refer to a ?sliding scale? of how much notice needs be given.
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 ...
Onerous, burdensome, oppressive, exacting mean imposing hardship. onerous stresses being laborious and heavy especially because distasteful. burdensome suggests causing mental as well as physical strain.
In legal usage, onerous describes a contract or lease that has more obligations than advantages. Onerous derives from Middle English, from Old French onereus, from Latin oner?sus, from onus "burden." In English, an onus is a task or duty that is onerous, or very difficult.
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.
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.