TERMS OF SETTLEMENT
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TERMS OF SETTLEMENT
This Settlement Agreement is in the form of a deed with common provisions relating to release and discharge of court proceedings.
The definitions and interpretation provisions are located in a schedule at the back making it easier to read and draft.
WHAT IS INCUDED IN THIS 7 PAGE DOWNLOAD
- Bar to actions
- No admission of liability
- GST
- Confidentiality
- Warranties by parties
- Counterparts, execution
- Costs
- Severance
- Variations
- Further assurances
Key Components of Terms of Settlement
- Parties Involved: Identification of all parties involved in the settlement, including their roles and responsibilities.
- Settlement Amount: The amount of money, if any, to be paid by one party to another as part of the settlement.
- Payment Terms: Details on how the settlement amount will be paid, including payment methods, schedules, and any conditions for payment.
- Release of Claims: Agreement that all parties release each other from any further claims or liabilities related to the dispute.
INCLUDES GST
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