Agreement Between Three Parties

Consider a regular contract or agreement: a person is agreed with someone else to do something against an object of value (called “consideration” in contract law). One of the most common forms of agreement is an employment contract or contract. But sometimes you might need to make a deal between three different people or “parties.” Here, a tripartite agreement – literally tri-party – can be useful. The Contractor may at any time terminate the Tripartite Agreement with a period of at least [NUM] days in respect of the Bank if the Contractor finds that the Bank has not fulfilled the full extent of its obligations under the Tripartite Agreement or that the Bank is fulfilling its obligations in a manner that prevents the Contractor from effectively and efficiently managing the applicable programme. The CLIENT may at any time terminate this tripartite agreement by written notice to the other two (2) parties.

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Datum: Thursday, 9. September 2021 9:32
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