if the Government certifies that production may be possible from the property, the royalty obligation continues for the 10-year period usually specified in the contract or until the Government's contribution is repaid with interest.

The contract is an exchange of the right to establish which suit, if any, is trumps for an undertaking to win ( at least ) the number of tricks specified by the highest bid.

The contract is an undertaking to win at least the specified number of odd trick in the declared denonination.

For example, a wheat farmer and a miller could sign a futures contract to exchange a specified amount of cash for a specified amount of wheat in the future.

From another perspective, the farmer and the miller both reduce a risk and acquire a risk when they sign the futures contract: the farmer reduces the risk that the price of wheat will fall below the price specified in the contract and acquires the risk that the price of wheat will rise above the price specified in the contract ( thereby losing additional income that he could have earned ).

The miller, on the other hand, acquires the risk that the price of wheat will fall below the price specified in the contract ( thereby paying more in the future than he otherwise would have ) and reduces the risk that the price of wheat will rise above the price specified in the contract.

The individual or institution has access to the asset for a specified amount of time, and can then sell it in the future at a specified price according to the futures contract.

Individuals and institutions may also look for arbitrage opportunities, as when the current buying price of an asset falls below the price specified in a futures contract to sell the asset.

After lukewarm reviews of the former novel, set in the Phoenix Park area of Dublin, Le Fanu signed a contract with Richard Bentley, his London publisher, which specified that future novels be stories " of an English subject and of modern times ", a step Bentley thought necessary for Le Fanu to satisfy the English audience.

They claim that Fantasy Games Unlimited, Inc. ceased to exist in 1991, and that their contract specified that in such an event the rights would revert to them, and that therefore the current Fantasy Games Unlimited ( which they claim is a separate legal entity, although with the same owner ) has no right to sell V & V material.

While the event may be specified by the contract, the actions that must be taken to make the injured party " whole " again are largely fact-based and unknown to the parties until the event occurs, while the maximum liability is often expressly limited by the contract.

( Intention to Proceed ) contract papers ; these specified a maximum fixed price, which could ( after investigation ) be less.

DbC's " fail hard " property simplifies the debugging of contract behavior, as the intended behaviour of each routine is clearly specified.

The contract generally specified that the house be in good repair, and the tenant was bound to keep it so.

The widely known financial firm has 60 days to spell out the terms of its contract.

trade was based on freedom of contract, and money was lent and borrowed on contractual terms ; ;

It is not surprising that the international obligations of states were also viewed in terms of contract.

And in all likelihood, by now, there was more than one person in the house who knew the terms of her marriage contract.

Nevertheless, in 1861, Lincoln justified the war in terms of legalisms ( the Constitution was a contract, and for one party to get out of a contract all the other parties had to agree ), and then in terms of the national duty to guarantee a republican form of government in every state.

One of the terms of the marriage contract agreed to by Alexei was that while any forthcoming children were to be raised in the Orthodox faith, Charlotte herself was allowed to retain her Protestant faith ( an agreement that did not sit well at all with Alexei's followers ).

The terms of the Artistic License 1. 0 were at issue in a 2007 federal district court decision in the US which was criticized by some for suggesting that FOSS-like licenses could only be enforced through contract law rather than through copyright law, in contexts where contract damages would be difficult to establish.

Labor arbitration comes in two varieties: interest arbitration, which provides a method for resolving disputes about the terms to be included in a new contract when the parties are unable to agree, and grievance arbitration, which provides a method for resolving disputes over the interpretation and application of a collective bargaining agreement.

The adjuster undertakes an investigation of each claim, usually in close cooperation with the insured, determines if coverage is available under the terms of the insurance contract, and if so, the reasonable monetary value of the claim, and authorizes payment.

As well as orchestrating espionage on commercial organizations, governments can also be targets — for example, to determine the terms of a tender for a government contract so that another tenderer can underbid.

Under the terms of their contract, the band had autonomy in deciding when they would release albums and tour and had final say over the contents and design of each album.

Many terms and conditions of the contract are however implied by legislation or common law, in such a way as to restrict the freedom of people to agree to certain things to protect employees, and facilitate a fluid labour market.

In August 1918, Pickford's contract expired and when refusing Zukor's terms for a renewal, she was offered $ 250, 000 to leave the motion picture business.

On Sunday, April 1, 2007, Major League Baseball's 2007 Opening Night, the Padres announced that they had agreed to terms on a four-year contract with 1B Adrian Gonzalez, keeping him in San Diego until 2010 with a club option for 2011.

The Statute is satisfied if the contract to convey is evidenced by a writing or writings containing the essential terms of a purchase and sale agreement and signed by the party against whom the contract is to be enforced.

In a project or contract, the WBS is developed by starting with the end objective and successively subdividing it into manageable components in terms of size, duration, and responsibility ( e. g., systems, subsystems, components, tasks, subtasks, and work packages ) which include all steps necessary to achieve the objective.

By April 1927, the Big Five studios ( First National, Paramount, MGM, Universal, and Producers Distributing ) had put the Warner brothers in financial ruin, and Western Electric renewed Warner's Vitaphone contract with terms that allowed other film companies to test sound.

Cagney then agreed to return to Warner Bros., after Jack Warner agreed to a contract guaranteeing Cagney would be treated to his own terms.

The previous owner, CBS director William S. Paley, set terms including half the distributor's gross profits " plus ownership of the negative at the end of the contract.

However, indemnity as a legal concept has a much broader meaning than the other two terms ; namely, an indemnity is to make a party to a contract " whole " again should that contractually-specified event occur.

Compare this statement of a nineteenth-century judge with how Congressman Martin, according to the Daily Labor Report of Sept. 19, 1961, defends the necessity of enacting anti-trust legislation in the field of labor `` if we wish to prevent monopolistic fixing of wages, production or prices and if we wish to preserve the freedom of the employer and his employees to contract on wages, hours and conditions of employment ''.

Al-Idirisi ( 1100-1165 / 1166 ) testifies that until as late as the 12th century, a contract of investiture for every Hindu Shahi king was performed at Kabul and that here he was obliged to agree to certain ancient conditions which completed the contract.

Al-Idirisi testifies that until as late as the 12th century, a contract of investiture for every Shahi king was performed at Kabul and that here he was obliged to agree to certain ancient conditions which completed the contract.

In practice, it is a contract between two parties that specifies conditions ( especially the dates, resulting values of the underlying variables, and notional amounts ) under which payments are to be made between the parties.

Monetary policy of the Federal Reserve System is based partially on the theory that it is best overall to expand or contract the money supply as economic conditions change.

The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insured will be financially compensated.

According to thinkers in the social contract tradition, justice is derived from the mutual agreement of everyone concerned ; or, in many versions, from what they would agree to under hypothetical conditions including equality and absence of bias.

In the early 20th century, an internationally publicized controversy arose over charges that Angolan contract workers were being subjected to forced labor and unsatisfactory working conditions.

David Selznick invited her to Hollywood, but she refused to agree to the conditions of the contract which reportedly included changing her name to Gilda Christian and pretending to be Austrian rather than German.

When using contracts, a supplier should not try to verify that the contract conditions are satisfied ; the general idea is that code should " fail hard ", with contract verification being the safety net.

Because the contract conditions should never be violated in program execution, they can be either left in as debugging code or removed from the production version of the code altogether for performance reasons.

Alternatively, they may require each party receiving the business plan to sign a contract accepting special clauses and conditions.

Authorizes the Secretary of the Interior to contract for the project with certain conditions.

Under drought conditions, bdelloid rotifers contract into an inert form and lose almost all body water ; when rehydrated, however, they resume activity within a few hours.

As a condition to continue the match, Kramnik insisted on playing the remaining games under the original conditions of the match contract, which allows use of the bathroom at the players ' discretion.

The fight was being promoted by JPD Inc., but it was canceled when Caesar's Palace said the promoters failed to meet the financial conditions of the contract.

Although he ultimately lost money on the contract, Cox kept going, employing new technology and methods as conditions dictated.

The contract conditions were vague and " clearly unbalanced to disfavor the customer ".

This contract, known as the Leaf ( ṣaḥīfa ) upheld the peaceful coexistence between Muslims, Jews and Christians, defining them all, under given conditions, as constituting the umma, or community of that city, and granting the latter freedom of religious thought and practice.

This led to a lengthy legal dispute between Bethesda Softworks and Interplay, with Bethesda claiming Interplay had not met the terms and conditions of the licensing contract.

Typically, a rental shop conducts business with customers under conditions and terms agreed upon in a rental agreement or contract, which may be implied, explicit, or written.