The counterparty credit risk in a financial contract arises from the possibility that at least one of the parties in the contract may default prior to or at the contract's maturity, which may result in failure of this party to fulfil all their contractual obligations leading to financial loss suffered by either one of the two parties in the contract.
In one, Mr. Cuomo argues that upstate New York should share in the contracts arising from the rebuilding of downtown Manhattan.
In the statement, Moosally stated that the problems with contract completion arose from the addition of new requirements and specifications by the Navy shortly after contract award, material shortages, and "First-of-Class issues associated with the process of transitioning a new ship design into production".
According to the brief press release, "The plaintiffs alleged claims of breach of contract, breach of promise, and lost profits arising from contracts related to a yellow pages listings service" but Yahoo says the claims have no merit.
As long as both sides have a mutual understanding about their financial circumstances, having a cohabitation contract clarifies the expectations arising from the live in relationship and makes the mutual promises contained in the agreement easier to enforce.
Medical practitioners owe a duty of care, arising from contract and/or tort laws, to their patients.
In no event shall USDA be liable for any claim, loss, damages or other liability, whether in an action of contract, tort or otherwise, arising from, out of or in connection with the data and format or the use or other dealings in the data and format.
Iraq cannot be compelled to underwrite the costs arising from contracts to which it was only a bystander.
Hoon's consultancy, TaylorHoon Strategy, founded with Andrew Taylor, highlights how businesses can win contracts that arise from the public spending cuts.
To Mayor Walls the ticket was just another example of bitterness arising from contentious contract negotiations with the police over the last three years, though the police denied there was a hidden agenda.
This can also be consistent with the hypothesis of the existence of a family strategy for reducing economic risks, arising from a contract of insurance between the migrants and their family.
