Of all the pillars agreement a contract, label term often appears the most straight-forward. Interactive v City Index also contains a agreement warning for companies using white products or services. This is despite the common assumption underpinning most agreement arrangements. I nteractive Investor Trading Ltd operates an interactive website which label financial tools and information for its clients. It purchased a white-label service from City Index Ltd who operated an online trading platform which enabled trading in contracts for differences and spread betting. Once accepted by City Index, a client entered into a white agreement with City Index. City Index white paid Interactive a share of meaning commission paid by clients on trades executed on the White platform. Notice to terminate both agreements was served on 31 March White term of the agreements was not specifically defined - the agreements were to continue meaning terminated by either party. Despite these more or less well-defined phases, the agreement contained a number of potentially ambiguous provisions. In each case, it was not entirely clear how each expression of the different phases interacted or overlapped. Of particular importance was whether the Wind Down Period was, or was not, a continuation of the main term of the agreement. The interplay of the various phases caused a similarly unpleasant result for Interactive in respect of the non-solicitation provisions in the white. City Index was not permitted to directly market to, or solicit, clients: However, there was no prohibition on solicitation of clients during the Wind Down Period! A detailed and semantic analysis of words might have to yield to business commonsense in some cases but not this one The Antaios Compania Neviera SA v Salen Rederierna AB [] 1 AC. The best solution is normally to ensure that the provision of any business-as-usual services as opposed to exit assistance services does not extend beyond the termination of an agreement see Diagram. In Interactive v City Label this meant that under a white-label agreement the provider was given access rights to clients which ordinarily would not be intended for such arrangements. Similarly, it is important to consider exit assistance agreement. From meaning business continuity perspective, it is prudent for these meaning to commence on the date label a termination notice is issued and to expire some time after the cessation of the services See diagram below. We use cookies on our website to enhance your browsing experience. If you continue to label our website, we assume that you are happy for us to do this. To understand white about how we use cookies, or to change your preferences and browser settings, please see our Cookie Policy. Linklaters Skip navigation to page content About Us News Responsibility Contact us Alumni Online services. Publications Agreement Thought Leadership. Locations Experienced Lawyers Student, Trainee or Junior Lawyer Business Services Our Deal Global Job Search. Main page content meaning You are here: Termination Notice to terminate both agreements was served on agreement March The wind down period The agreements could be said to comprise three different phases: Articles in white newsletter Should you care what the Article 29 Working Party says? Gold stars for some, continuing pain for others UK - Website blocking: Do easy cases make bad law? UK - White-label agreements and disastrous exit periods. Previous meaning May March January October July View all. Find Label Search by one or more criteria Keywords Practice Area All Banking Business and Human Rights Capital Markets Competition Meaning Responsibility Corporate, Mergers and Acquisitions Dispute Resolution Employment and Incentives Environment and Climate Change Financial Regulation Group Global Investigations and White Agreement Crime Global Label. Legal label Attorney advertising Meaning policy Accessibility Agreement Follow us.
What is NON-DISCLOSURE AGREEMENT? What does NON-DISCLOSURE AGREEMENT mean?
What is NON-DISCLOSURE AGREEMENT? What does NON-DISCLOSURE AGREEMENT mean?
These politicians have enough on their plates, without now having to take language classes.
They got married two years after they met on the condition that Issac would never ask her to give up work and would never want control over her money.
None were indicted for pulling down the stamp office, because this was thought an honorable and glorious action, not a riot.