Sub-Contractor Collateral Warranty (To Funder)
Publisher one
Genie AIJurisdiction
England and WalesRelevant sectors
Type of legal document
🏠 Collateral warrantyBusiness activity
Draft collateral warrantyA collateral warranty is a separate agreement between the contractor and the employer that sets out additional terms and conditions relating to the works. The collateral warranty will often contain provisions relating to the quality of the works, the performance of the contractor, the liability of the contractor, and the indemnity of the employer. The collateral warranty will also contain a clause specifying that the agreement is collateral to the main contract and that it will remain in force even if the main contract is terminated.
This warranty helps to protect the funder's interests by ensuring that they have a direct legal recourse against the sub-contractor in case of any breach of contract or failure to meet the agreed-upon standards. It also provides an additional layer of security for the funder, who may not have direct control over the sub-contractor's contractual obligations.
This legal document clarifies the rights and responsibilities of the sub-contractor, funder, and main contractor, as well as the conditions under which the warranty may be invoked. It may cover various aspects such as the scope of work, quality standards, delivery timelines, payment terms, indemnification clauses, and dispute resolution procedures.
By having a Sub-Contractor Collateral Warranty (To Funder) under UK law in place, all parties involved can have increased confidence and assurance in the successful delivery of the construction project. It provides the funder with added protection and peace of mind, ensuring that they have a legal remedy in the event of any issues arising from the sub-contractor's performance or non-compliance with the main contract.
How it works
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Book your personalised demo now
Similar legal templates
Whole Office Lease
Publisher
Genie AIJurisdiction
England and WalesVariation Deed (Add Plant And Equipment Installation Rights)
In a business context, plant and equipment refer to machinery, tools, or apparatuses used in production processes or operations. When a business enters into an agreement, such as a lease, license, or service contract, it often lacks provisions regarding the installation, maintenance, or use of plant and equipment. Consequently, a Variation Deed is employed to introduce clauses to the original agreement that enable the installation and operation of plant and equipment.
This legal document establishes the terms and conditions surrounding the addition of plant and equipment, outlining the rights and obligations of parties involved, such as the supplier, purchaser, or lessee. It typically includes provisions related to the ownership, delivery, installation, and maintenance of the equipment. Additionally, it might address liability, insurance, and indemnification matters to ensure that any potential risks or damages arising from the use of the plant and equipment are appropriately managed.
The Variation Deed specifically caters to the legal requirements and regulations in the United Kingdom. It adheres to UK law, including statutory regulations, case precedents, and industry-specific guidelines. Therefore, the template can be used as a starting point to customize or tailor the provisions to the specific needs and circumstances of the parties entering into the agreement. It offers a structured and standardized legal foundation for negotiating the terms related to the installation and use of plant and equipment, providing clarity, protection, and enforceability to all parties involved.
Publisher
Genie AIJurisdiction
England and WalesVirtual Events Marketing Manager Contract
This Virtual Events Marketing Manager contract template is designed for a commercial virtual events management organisation (or an individual virtual events marketing manager) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of virtual events management and virtual-events-management-related services to be completed by the virtual events marketing manager on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the virtual events management firm or individual virtual events marketing manager on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).
