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Sunset provision - Wikipedia
https://en.wikipedia.org/wiki/Sunset_provision
Web ResultIn public policy, a sunset provision or sunset clause is a measure within a statute, regulation or other law that provides for the law to cease to be effective after a specified date, unless further legislative action is taken to extend it.
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Sunset Clause (Best Overview: Definition And Examples)
https://incorporated.zone/sunset-clause/
Web ResultOct 1, 2020 · A sunset clause is a contractual provision stipulating that the obligations of the contract or specific provisions will cease to produce legal effects after a certain time. For example: In the context of a corporate plan of arrangement, a corporation may include a sunset clause for stockholders to exchange their …
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What is a Sunset Clause and why should you care? - Edwards …
https://edwardslaw.ca/blog/what-is-a-sunset-clause-and-why-you-should-care/
Web ResultDec 23, 2021 · A sunset clause provides for a set period of time, after the termination or expiration of a contract, during which one party continues to receive certain benefits (such as a share of revenue) under the contract.
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Sunset Provision: What It Is and How it Helps Investors
https://www.investopedia.com/terms/s/sunsetprovision.asp
Web ResultOct 12, 2023 · Fact checked by Jiwon Ma. What Is a Sunset Provision? A sunset provision, or sunset law, is a clause in a statute or regulation that expires automatically on a specified date. A sunset...
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Sunset clause | Practical Law
https://uk.practicallaw.thomsonreuters.com/w-018-4488?contextData=(sc.Default)
Web ResultDec 14, 2022 · Sunset clause. A clause which specifies a deadline (sometimes referred to as a long-stop date) on which the contract will automatically terminate if a condition precedent has not been satisfied or waived. This type of clause is used to protect one party from being bound to a commitment to the other party, that would …
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What Is a Sunset Clause? [Definition, Examples, Provisions]
https://arcrelocation.com/sunset-clause/
Web ResultA sunset clause, or a sunset provision, is a contract in a regulation that will automatically expire on a specific date. A good sunset clause example is if the sunset clause date is reached, the sunset clause will provide an automatic appeal of the entire law.
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Sunset Clause: Actionable Insights With 3 Case Studies
https://www.hithentic.com/sunset-clause
Web ResultAugust 18, 2023. Legal. Contract Clauses. Have you ever seen a sunset’s last moments, when the fading light creates long shadows on the land? Just like a sunset fading away over the horizon, contractual obligations also come to an end with the help of sunset clauses. Hi! Welcome to the Sunset Silhouettes! In this post, …
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Sunset Provisions: Understanding, Applications, and Real-world
https://www.supermoney.com/encyclopedia/sunset-provision
Web ResultMar 15, 2024 · Summary: Sunset provisions, also known as sunset laws, are clauses in statutes or regulations that automatically expire on a specified date. This article explores the intricacies of sunset provisions, their advantages, disadvantages, and real-world examples.
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What is a Sunset Clause? Definition - oboloo
https://oboloo.com/blog/what-is-a-sunset-clause-definition/
Web ResultA sunset clause is a provision in a contract that specifies the date or event when the contract will terminate. This type of clause is often used in business contracts, leases, and other agreements. Sunset clauses are typically included in contracts in order to protect both parties involved.
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What is a Sunset Clause? - Lawpath
https://lawpath.com/blog/what-is-a-sunset-clause
Web ResultMay 6, 2020 · A sunset clause usually refers to a provision in legislation or a statement in a contract that limits the duration of the document’s effectiveness. In other words, it acts like an expiry date. In this article, we explain how a sunset clause works in the context of real property transactions. Purpose of a sunset …
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