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A royal lives clause is a contract clause which provides that a certain right must be exercised within a certain period related to the lifetime of a currently living member of a royal family. Specifically, the clause usually specifies that the contract is in effect until 21 years after someone's death; the person indicated is whoever dies last ...
In contract law, a severable contract (or "divisible contract") is a contract that is composed of several separate contracts concluded between the same parties, such that failing one part of such a 'severable' contract does not breach the whole contract. Therefore, the other party must still honor the other subparts and cannot cancel the whole ...
[30] In November 2015, Little League Baseball changed its age determination date from April 30 to August 31—a calendar date that falls after the completion of all of the organization's World Series tournaments—effective with the 2018 season. The rule was written so that players born between May 1 and August 31, 2005, who would otherwise ...
The agreement referenced the rule against perpetuities, stating that if a perpetual term is deemed invalid, then the agreement "shall continue until twenty-one (21) years after the death of the last survivor of the descendants of King Charles III, king of England, living as of the date of this agreement." [30]
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 ...
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A South Dakota man is facing murder and manslaughter charges after police say he killed a woman and decapitated her. According to court documents obtained by PEOPLE, Craig Allen Nichols Jr., 32 ...
To alleviate problems of proving simultaneous death, many states in the United States have enacted the Uniform Simultaneous Death Act, which provides that each spouse will be treated as though they predeceased the other if they die within 120 hours of one another, unless a specific clause in the will deals with this particular possibility.
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