Stated value contract definition
WebExamples of Aggregate Stated Value in a sentence. Each share of the Series A Preferred Stock shall be redeemable at the option of the holder, at any time after the date of issuance of such share, for the payment of cash by the Corporation to the holder equal to the Aggregate Stated Value of the shares of Series A Preferred Stock that holder elects to … While stated value insurance is like an agreed value policy in many ways, there are some additional complexities. Stated value insurance is a policy where the maximum amount paid to the policyholder at the time of a covered loss is the amount “stated” by the insured (you) when purchasing the policy. See more Agreed value insuranceis what it sounds like – the policyholder and insurance company agree in advance on the insured property’s value. This … See more Your situation will dictate which valuation method you should select. Using stated value insurance is a good option when you want to save money on premium costs but still have a portion of the property value covered by insurance. … See more In addition to stated value and agreed value insurance, replacement costand actual cash value are other types of valuation methods you should understand. See more
Stated value contract definition
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WebStated Value exists to decide how much premium you pay. Not how much you get paid . Stated Value lets you insure the car for less than what its really worth in exchange for a … WebState contract means an agreement or contract with the state or any state agency or any quasi- public agency, let through a procurement process or otherwise, having a value of …
WebJun 3, 2024 · A value-based contract (VBC) is a written contractual arrangement between parties in which the payment for health care goods and services is tied to … WebApr 5, 2024 · noun. stat· ed value. : the value assigned in a corporation's books to stock and especially to no-par value stock. Note: Stated value is sometimes based on the actual amount received when stock is issued, but it can also be an arbitrarily low value. It has no relation to the market value of the stock.
WebA firm-fixed-price contract provides for a price that is not subject to any adjustment on the basis of the contractor’s cost experience in performing the contract. This contract type places upon the contractor maximum risk and full … WebJul 26, 2016 · In general, every contract contains an implied duty of good faith and fair dealing. This duty requires that neither party will do anything that will destroy or injure the right of the other party to receive the benefits of the contract. There is no specific definition, however, of this duty and courts have discretion to determine its scope.
WebMay 2, 2016 · The parties to the contract have approved the contract (in writing, orally, or in accordance with other customary business practices) and are committed to perform their …
Web2 days ago · Contract definition: A contract is a legal agreement, usually between two companies or between an employer and... Meaning, pronunciation, translations and examples bravo 2021-nqm2WebApr 25, 2024 · We can define a forward contract as an agreement between two parties to exchange a specific asset on a specified future date at a predetermined price (forward price). Both the delivery and the payment is made on the specified future date. syrische kekse mit sesamWebMar 25, 2024 · An express contract is a legally binding agreement, the terms of which are all clearly stated either orally or in writing. For an express contract to come together, there must be an offer made by one of the parties, and acceptance of that offer by the other party. To determine if an express contract has been properly formed, courts will analyze ... syringa vulgaris treeWebA firm-fixed-price contract provides for a price that is not subject to any adjustment on the basis of the contractor’s cost experience in performing the contract. This contract type … bravo 1 outdrive u jointWebcontract noun [C] (AGREEMENT) a legal document that states and explains a formal agreement between two different people or groups, or the agreement itself: She already … syromastus rhombeusWebJan 6, 2024 · What is Stated Value? Stated value is the amount assigned to a share of stock and recorded in the issuer's accounting records. This value is only assigned when a share has no par value. The amount of the stated value increases the capital stock account of the issuer when a share is issued. syrphus ribesiiWebA contract is an agreement between parties, creating mutual obligations that are enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are: mutual assent , expressed by a valid offer and acceptance; adequate consideration ; capacity; and legality. In some states, elements of consideration … sy rondastakk