Nevertheless, «nevertheless» is the opposite of «subject to». Let`s rewrite the above examples using «anyway» instead of «subject to». We are happy to offer you the rental agreement, provided we receive a referral from your current or previous landlord. Such plea bargaining agreements require court approval. For example, if you are negotiating an indemnity clause, but want to limit your overall risk for the liability cap, you can use the term «subject to» to further clarify the issue. From a legal point of view, the term «subject» establishes a rank or priority between different concepts. In such a case, Party A shall exercise its rights or obligations subject to compliance with the conditions set out in Section 3. Adj. means the acquisition of ownership of real property in respect of which there is an existing mortgage or trust deed, if the new owner agrees to take possession of it with the responsibility to continue to make payments on the promissory note secured by the hypothec or trust deed. Thus, the new owner (beneficiary) buys the property «subject to» secured debts. However, if the new owner does not pay, the original debtor is responsible for the payment, but the holder of the mortgage or the beneficiary of the trust deed can exclude and the buyer could therefore lose the property. This is different from the new title holder, who «takes» the mortgage or trust deed through a written transfer of the bond. Such a transfer must be approved by the lender as the new owner`s loan may not be as strong as that of the original owner/borrower.
Many lawyers and contract professionals use the subject to formulate in their legal writings to introduce a legal concept by specifying that the new concept is «dependent» on adhering to another concept. For example, subject to the rules set out in the travel policy, employees may travel up to twice a year to meet with clients. 1. Conditional or dependent on something. 2. Being under the domination of an authority or government subject to the whims of the boss.3. Undesirable or unfortunate criticism exposed or opened. 4. The need to go all the way.
5. Sensitive or inclined to something. If you want to clarify legal obligations, you should rewrite the provision instead of using the subject. In this example, you use the phrase «subject to» to indicate to employees that they can travel to meet with their customers, but that they must comply with the rules of the travel policy. The use of the term «subject to» in contracts allows you to clarify any conflict of terms or possible overlaps. The provisions that may be subject to conditions in the Companies Act apply to the Company, unless otherwise provided in these Articles of Association and as long as there is no conflict between them and the provisions of these Articles of Association. The term «object» is often used in contracts. This shows the reader that he must compare the current clause he reads (clause 1) with another clause elsewhere in the contract (clause 2). Article 2 can be either on the same page, one page later or on a previous page. You may consider «subject to» in law as «dependent on» or «dependent on». SUBJECT, people, government. An individual member of a nation subject to the law; This term is used as opposed to the citizen, which applies to the same person when it comes to his political rights.
2. In monarchical governments, subject means one who owes constant allegiance to the monarch. Empty Body politic; Green. Ev. section 286; Phil. & Am. on Ev. 732, point 1. Purpose: The term «subject to» is used when an exception to a rule or provision is to be introduced in another clause of the contract.
Class A shares are sold at net asset value plus an initial sale commission at net asset value, excluding initial selling expenses, but subject to conditional deferred selling expenses. The common shares may be issued upon exercise of a common share purchase warrant at an exercise price of $10.00 per share. subject to customary adjustments. If you use the theme to formulate in your legal documents and contracts, make sure you use it correctly.