Schedule Of Third Party Rights By A Sub-Contractor (Employer, Funder, Buyer Or Tenant Friendly)
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Jurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
🏠 Third party rights scheduleBusiness activity
Schedule third party rightsA Third Party Rights Schedule is a list of the rights that a third party has with regards to the law. This includes the right to sue, the right to be sued, the right to own property, the right to inherit property, the right to vote, and the right to work."
The template details the specific rights and obligations held by a sub-contractor when dealing with third parties during the course of a project. Third parties may include individuals or entities that are not directly part of the contract or agreement between the employer, funder, buyer, tenant, and the sub-contractor. This could involve suppliers, subcontractors, clients, or other parties who are involved in the project but do not hold a direct contractual relationship with the sub-contractor.
In accordance with UK law, this template ensures that the interests of the employer, funder, buyer, or tenant are protected and prioritized. It encompasses any relevant legal provisions, regulations, and contractual obligations that the sub-contractor must abide by when engaging with third parties.
The schedule of third-party rights encompasses various aspects such as payment terms, work performance, liability, dispute resolution, intellectual property rights, and confidentiality agreements. It highlights the responsibilities, liabilities, and obligations of the sub-contractor towards third parties during the duration of the project.
By utilizing this template, the parties involved can establish clarity, accountability, and a fair framework for interactions with third parties. It aims to prevent any misunderstanding, disputes, or legal complications that may arise due to the sub-contractor's involvement with third parties. This template serves as a comprehensive and legally binding reference that ensures compliance, transparency, and protection of the interests of the employer, funder, buyer, or tenant.
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