The obligation for the employer to pay the amount of the contract or any other amount to be paid contractually (by modification and/or correction of errors). This section outlines aspects of the contract that specifically relate to the project to which the contract relates. This is a timetable for the variables in the agreement and the conditions. It is important that the variables are consistent with the appropriate operating mechanism in the agreement, conditions and schedules, as disputes may arise when one of the contracting parties applies the contract guidance without appropriate reference to the operating clause. Identifies the architect (or contract administrator) as part of the contract and gives the employer the power to retain someone in the role of holder (or employer representative). Contractors are in particular responsible for complying, under the statutes and specifications, with what is included in their rate for the different parts of the work and the conditions under which payments are to be made. No down payment is required in the event of an installation sale contract. Instead, the buyer would have a month`s payment of real estate in advance. After this first payment, the buyer will make his normal monthly payments, as described in the agreement. In the event of a default, most installed sales contracts can be converted into a rental agreement, which means that monthly payments are considered rent and not payments to property ownership. In addition to the ability to distribute buyers for late payment, sellers may also have the right to sue the buyer over the money owed. The provisions of the treaty constitute the actual contract between the parties, while the terms of the contract provide for certain provisions for their implementation. The contractor`s commitment, i.e.
the execution and completion of the work, subject to contractual documents. Depending on the structure of a business, the company may be required to produce certain documents. The purpose of these legal documents is to describe information about the company. This information may contain a description of how the business is operated or the purpose of the business. These documents are commonly referred to as statutes. As a general rule, the articles of the agreement relate to either personal property or real estate. Articles are better understood as part of an agreement and can be either a minute or a memorandum. In general, an article will be written, and it will be used to modify or discard a piece of property.
In the case of the use of property, article or instrument, the agreement should include a wide range of information: this provision applies only (with three other recitals) when the contractor is required to complete the design work in accordance with the provisions relating to the designed part of a contractor. This is an information plan made available to the contractor by the employer (optional). A model for the articles of the agreement follows: unless there is a contrary agreement between New Zealand and the Fund, all subscriptions, exchanges and payments of capital and interest under this exchange rate agreement for the currencies concerned are made with respect to SZBs established in accordance with Article XIX, paragraph 7, point a), fund statutes and fund rules and rules for the Fund`s second trading date before the transfer, exchange or payment date.