Which definition should you use?
🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
means, for the first Contract Year, the schedule for payment of the Fee for the first Contract Year at Schedule 3 Part 1 Schedule 3 and, for each subsequent Contract Year, the schedule for payment of the Fee as is agreed by the Parties in writing in accordance with Schedule 3 Part 2;
Are you creating, reviewing or negotiating a document?
Genie is the way the world agrees. Know market standards, set your rules, and close deals 70% faster by autotransacting on standard terms while negotiating only what matters.
Whether you're creating from scratch, need a trusted template, want to edit or review an existing document or get simple explanations to complex legal questions, try Genie for free.
Whether you're creating from scratch, need a trusted template, want to edit or review an existing document or get simple explanations to complex legal questions, try Genie for free.
.png)
