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Safe harbor provisions appear in a number of laws and in many contracts. An example of safe harbor in a real estate transaction is the performance of a Phase I Environmental Site Assessment by a property purchaser: creating a "safe harbor" protecting the new owner if, in the future, contamination caused by a prior owner is found. Another common ...
In July 2000, the European Commission (EC) decided that US companies complying with the principles and registering their certification that they met the EU requirements, the so-called "safe harbor scheme", were allowed to transfer data from the EU to the US. This is referred to as the Safe Harbor decision. [11]
Rule 144A.Securities Act of 1933, as amended (the "Securities Act") provides a safe harbor from the registration requirements of the Securities Act of 1933 for certain private resales of minimum $500,000 units of restricted securities to qualified institutional buyers (QIBs), which generally are large institutional investors that own at least $100 million in investable assets.
A safe harbor provides companies the chance to offer retirement plans when they otherwise might not be able to. The benefit of offering any type of 401(k) alone is attractive to potential employees.
In addition to the two general requirements listed above, all four safe harbors impose additional requirements for immunity. The safe harbor for storage of infringing material under § 512(c) is the most commonly encountered because it immunizes OSPs such as YouTube that might inadvertently host infringing material uploaded by users.
Print Additional Information for International Users. European Union Data Transfer For users of Oath Services provided in the EU and Switzerland, please be aware that your data may be transferred to Oath group entities and third parties located in countries that are not considered by the European Commission or other governmental agencies to offer adequate protection of your personal data.
Under the agreement, Safe Harbor was required to invest at least $1 million in the docks during the first 10 years of the lease. Another $100,000 would be required during each 10-year term the ...
For more information, see Safe Harbor Principles. The Public Health Service publishes a set of Safe Harbor rules within Title 42, Code of Federal Regulations, to preclude Life Science companies from withholding important medical information from the public for fear of being prosecuted for Medicare violations.