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11:52 Jun 9, 2017 |
Polish to English translations [PRO] Law/Patents - Law: Contract(s) / contracts | |||||
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| Selected response from: Frank Szmulowicz, Ph. D. United States Local time: 07:22 | ||||
Grading comment
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Summary of answers provided | ||||
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3 +2 | Assignee |
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3 | the Entering Party |
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3 | the incoming party |
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the Entering Party Explanation: Propozycja. -------------------------------------------------- Note added at 23 mins (2017-06-09 12:16:47 GMT) -------------------------------------------------- c An agreement that substitutes a new party for one of the original contracting parties. Then relieves the exiting party of liability on the contract and the entering party is obligated to perform the contract. https://quizlet.com/17401351/business-law-final-flash-cards/ ccccc Even if there is no obligation to transfer the contractual position, the trilateral agreement may transfer the contract to the entering party http://eltelawjournal.hu/transfer-property-claims-rights-con... cccccccccccccccccccc Pursuant to the provisions of the Assignment Agreement, the Entering Party is liable, on account of warranties and guarantees, only for the scope of the works performed after the day of its conclusion. For works performed at an earlier stage, the Transferring Party shall be liable. Pursuant to the Subcontractor Agreement, the Entering Party shall pay the Ordering Party contractual penalties, including in a situation where there is a delay in performing the subject of the Subcontractor Agreement, a delay in the removal of faults and defects on time, rescission of the Subcontractor Agreement by the Entering Party for reasons for which the Ordering Party is not responsible or reasons for which the Entering Party is responsible, and in the event of not issuing the guarantee document (guarantee of quality) in the amount of not more than 10% of the gross remuneration. The Entering Party is entitled to a similar penalty if the Ordering Party rescinds the Agreement. At the same time the total amount of contractual penalties for all titles mentioned in the Subcontractor Agreement must not exceed 20% of the entire gross remuneration, and the Parties reserve the right to pursue supplementary compensation in excess of the amount of the contractual penalties charged. http://www.energomontaz.pl/artykuly/2438,1309/d,mraporty_bie... cccccccccccccccccc |
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Assignee Explanation: 6. Assignee hereby accepts the foregoing assignment and agrees to be bound by the terms and conditions of the Purchase Contract and assume the obligations of Buyer under the Purchase Contract. 7. This Assignment shall relieve Assignor of any and all duties, obligations or liabilities under the Purchase Contract. https://www.asreb.com/2014/06/assignments-buyers-rights-purchase-agreements/ Reference: http://www.proz.com/kudoz/polish_to_english/law_contracts/11... |
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