running-down clause

简明释义

船舶碰撞责任条款

英英释义

A running-down clause is a provision in a contract that allows for the gradual reduction of certain obligations or liabilities over time, typically as a result of the passage of time or the completion of specific milestones.

逐步减少条款是合同中的一项规定,允许随着时间的推移或特定里程碑的完成,逐渐减少某些义务或责任。

例句

1.Without the running-down clause, the company would face significant financial penalties if they failed to meet their obligations.

如果没有逐步减少条款,公司在未能履行义务时将面临重大财务罚款。

2.The running-down clause was essential in negotiations, as it provided flexibility for both parties.

在谈判中,逐步减少条款至关重要,因为它为双方提供了灵活性。

3.In real estate agreements, a running-down clause can help buyers manage their payments effectively.

在房地产协议中,逐步减少条款可以帮助买家有效管理他们的付款。

4.The legal team explained the implications of the running-down clause to the stakeholders.

法律团队向利益相关者解释了逐步减少条款的影响。

5.The contract included a running-down clause that allowed for gradual reductions in payment over time.

合同中包含了一个逐步减少条款,允许随着时间推移逐渐减少付款。

作文

In the realm of contract law, various clauses serve to clarify the intentions and responsibilities of the parties involved. One such clause is the running-down clause, which plays a crucial role in defining the duration of obligations and liabilities in a contract. Understanding this clause is essential for both legal professionals and individuals entering into agreements, as it can significantly impact the rights and duties of the parties. To illustrate the importance of the running-down clause, consider a scenario where two companies enter into a service agreement. The contract stipulates that Company A will provide certain services to Company B over a specified period. However, due to unforeseen circumstances, Company A is unable to fulfill its obligations. In such cases, the running-down clause outlines the timeframe within which Company A must complete its services or face penalties. This clause essentially 'runs down' the time allowed for performance, thereby protecting Company B from indefinite delays. The implications of a running-down clause can be far-reaching. For instance, if the clause specifies a strict deadline, Company A may find itself under immense pressure to deliver on time, leading to potential compromises in quality. On the other hand, if the clause allows for extensions under certain conditions, it could provide much-needed flexibility for Company A. Therefore, when drafting or reviewing contracts, it is vital to pay close attention to the wording of the running-down clause, as it can dictate the course of business operations. Moreover, the running-down clause can also serve as a protective measure for the party receiving services. By clearly outlining the expectations and timelines, it ensures that the service provider remains accountable. If Company A fails to meet the deadlines set forth in the running-down clause, Company B may have grounds for legal recourse, including seeking damages or terminating the contract. In conclusion, the running-down clause is a vital component of contractual agreements that helps to establish clear timelines and accountability between parties. Its significance cannot be overstated, as it not only influences the behavior of the contracting parties but also provides a framework for resolving disputes should they arise. As such, both parties should approach the negotiation and drafting of the running-down clause with careful consideration, ensuring that it aligns with their respective interests and protects their rights. By doing so, they can foster a more transparent and efficient contractual relationship, ultimately leading to successful outcomes for all involved.

在合同法的领域中,各种条款用于明确参与方的意图和责任。其中一个重要的条款是running-down clause(倒计时条款),它在定义合同中义务和责任的持续时间方面发挥着关键作用。理解这一条款对于法律专业人士和签订协议的个人至关重要,因为它可能对当事方的权利和义务产生重大影响。 为了说明running-down clause的重要性,考虑一个场景:两家公司签订了一份服务协议。合同规定公司A将在指定的时间内向公司B提供某些服务。然而,由于不可预见的情况,公司A无法履行其义务。在这种情况下,running-down clause概述了公司A必须完成服务的时间框架,否则将面临处罚。这个条款本质上是“倒计时”允许的履行时间,从而保护公司B免受无尽的延误。 running-down clause的影响可能是深远的。例如,如果该条款规定了严格的截止日期,公司A可能会面临巨大的压力以按时交付,这可能导致质量的潜在妥协。另一方面,如果该条款在某些条件下允许延期,它可以为公司A提供急需的灵活性。因此,在起草或审查合同时,仔细关注running-down clause的措辞至关重要,因为它可以决定商业运作的方向。 此外,running-down clause还可以作为接收服务方的保护措施。通过明确期望和时间表,它确保服务提供者保持责任。如果公司A未能满足running-down clause中规定的截止日期,公司B可能有理由采取法律行动,包括寻求赔偿或终止合同。 总之,running-down clause是合同协议的重要组成部分,有助于建立各方之间明确的时间表和责任。它的重要性不容小觑,因为它不仅影响合同方的行为,还为解决争议提供了框架。因此,双方在谈判和起草running-down clause时应谨慎考虑,确保与各自的利益一致并保护其权利。通过这样做,他们可以促进更透明和高效的合同关系,最终为所有参与方带来成功的结果。

相关单词

clause

clause详解:怎么读、什么意思、用法