Cut clause in SDW

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How to cut clause in SDW

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the employee is prohibited from soliciting the companyamp;#39;s customers its clients its suppliers other employees other contractors in essence itamp;#39;s saying this employees cannot poach the contacts of the business and this is a much more narrowly drafted restraint so it doesnamp;#39;t actually prohibit the person from going out there and competing with that business they can they can strike out on their own they can do whatever they like but they just canamp;#39;t solicit the customers the employees and all the other business contacts from the original company so that kind of constraint is is looked upon more favorably by the courts so it has a higher chance of being enforceable

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What is the cutting clause?

A cargo clause in respect of pipes or cargo similar in length, which provides that damaged cargo should be cut off, leaving the good in pieces for the account of the Insured.

What is the cut through clause in AVN?

A cut-through clause in the form of AVN 109 provides the insured with a direct right of enforcement against the reinsurer, such a right arising by virtue of section 1 of the Contracts (Rights of Third Parties) Act 1999 (the 1999 Act) and/or by way of a collateral contract.

What is a cut off clause?

An insurance cutoff is a reinsurance contract provision that prevents the reinsurer from being liable for claims after the contract termination date.

What is a cut-through clause?

What Is a Cut-Through Clause? A cut-through clause is a reinsurance contract provision that allows a party, other than the ceding company and reinsurance company, to have rights under the agreement. Cut-through clauses are often triggered by specific events, such as when a ceding company becomes insolvent.

What is an example of a cut off procedure in audit?

Cutoff Testing Audit procedures are used to determine whether transactions have been recorded within the correct reporting period. For example, the shipping log can be reviewed to see if shipments to customers on the last day of the month were recorded within the correct period.

What is a cut off in a contract?

Contract Cutoff Date means, with respect to any Procurement Contract, the date and time by which x is required to provide its nominations to the Third Party Supplier thereunder for the next monthly delivery period for which nominations are then due.

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