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An automatic renewal clause is used in the insurance and healthcare industries . An automatic renewal clause (also referred to as an evergreen clause), is activated towards the end of the contractual period whereby it automatically renews the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or one of the contracting parties has sent a ...
The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [ 1]
Estoppel certificate. An Estoppel Certificate (or Estoppel Letter) is a document commonly used in due diligence in real estate and mortgage activities. It is based on estoppel, the legal principle that prevents or estops someone from claiming a change in the agreement later on. [1] It is used in a variety of countries for commercial and ...
A notice to vacate is a written or printed letter that the month-to-month lease is terminated. ... to-month lease agreements to state that the tenant needs to give landlords 60 days notice, Toman ...
Because Licata makes $350,000 annually, 20 weeks of severance would add up to about $ 134,600. The 60 days’ notice period would add up to about $57,500.
An appellate court has ruled that landlords with rental properties tied to the federal government through mortgages, rent subsidies or other ways must give tenants at least 30 days notice to evict ...
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