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Owners should demand this release when they are paid in full. Some states allow an Unconditional Release upon final payment that is used to induce the final payment. It is an inherent vagary in the lien release law. In the United States, some states only use a conditional waiver on progress payment and an unconditional waiver on final payment.
Accord and satisfaction is a contract law concept about the purchase of the release from a debt obligation. It is one of the methods by which parties to a contract may terminate their agreement. The release is completed by the transfer of valuable consideration that must not be the actual performance of the obligation itself. [1]
To transition to the new cap, each team had two amnesty buyout opportunities: after the 2012–13 season and after the 2013–14 season, to release a player (or specify a player already released) that is bought out in full, counting against the players' overall share in revenues, but not counting towards the team's salary cap.
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The text demands “an immediate ceasefire… and also demands the immediate and unconditional release of all hostages.” A failed resolution proposed by the US last week demanded a ceasefire ...
An assignment does not necessarily have to be made in writing; however, the assignment agreement must show an intent to transfer rights. The effect of a valid assignment is to extinguish privity (in other words, contractual relationship, including right to sue) between the assignor and the third-party obligor and create privity between the obligor and the assignee. [1]
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