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Nomination Agreement
"I need a Nomination Agreement for my student housing development in Manchester, giving the local university the right to nominate 60% of the rooms for a 10-year period starting from January 2025, with an option to extend for another 5 years."
1. Parties: Identification and details of all parties to the agreement
2. Background: Context and purpose of the nomination agreement
3. Definitions: Key terms used throughout the agreement
4. Nomination Rights: Core terms of the nomination rights being granted
5. Duration: Period for which nomination rights are valid
6. Termination: Circumstances and process for ending the agreement
1. Transfer Restrictions: Limits on transfer of nomination rights - include when rights are not intended to be freely transferable
2. Consideration: Payment or value exchange for nomination rights - include when nomination rights are granted for payment
3. Warranties: Assurances about the nomination rights - include when specific guarantees are required
1. Schedule 1 - Nomination Process: Detailed procedure for exercising nomination rights
2. Schedule 2 - Nomination Form: Standard form for making nominations
3. Schedule 3 - Asset Details: Details of property or assets subject to nomination rights
4. Appendix A - Required Notices: Templates for formal notices under the agreement
Authors
Business Day
Commencement Date
Confidential Information
Effective Date
Force Majeure Event
Initial Term
Nomination
Nomination Form
Nomination Notice
Nomination Period
Nomination Rights
Nominated Person
Nominated Property
Nominee
Nominator
Nomination Fee
Property
Relevant Authority
Renewal Period
Services
Term
Termination Date
Working Hours
Law
Parties
Schedule
Specified Purpose
Territory
Permitted Use
Nomination Rights
Nomination Process
Duration and Term
Fees and Payment
Obligations of Nominator
Obligations of Nominee
Property Access
Warranties and Representations
Confidentiality
Data Protection
Force Majeure
Termination
Consequences of Termination
Assignment and Transfer
Notices
Variation
Waiver
Severability
Entire Agreement
Third Party Rights
Counterparts
Costs
Dispute Resolution
Governing Law and Jurisdiction
Insurance
Liability and Indemnity
Record Keeping
Compliance with Laws
Service Standards
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