The following are conditions that must be met in order for a loan to be taken out for the purchase of a used ship: 1. The ship must be inspected and approved by a qualified marine surveyor.2. The ship must be insured for its full value.3. The ship must be registered in the country of the buyer.4. The ship must be seaworthy and have all the necessary certificates and licenses.
A condition precedent is a requirement that must be met before a contract becomes legally binding. For example, a contract might state that "this agreement shall not be binding until both parties have signed it." If one party does not sign the contract, then the contract is not legally binding and either party can back out of the agreement.
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Use this agreement when bringing an advisor on board to formalize variables such as job role and responsibilities, duration of contract and compensation. The agreement also sets forth certain key terms such as confidentiality and intellectual property.
This template is to be used the next time your company needs to set out terms with an individual (i.e. not to be used for agreements involving a personal service company as defined within IR35). It sets out the terms on which a contractor provides services to a client company, and is perfect for freelance software developers, marketing consultants, designers, PR/HR/recruitment consultants.
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