Publisher one

Genie AI

Jurisdiction

England and Wales

Contract party

Type of legal document

📄 Section 278 agreement

Business activity

Send default notice

Why use a 📄 Section 278 agreement?

A Section 278 agreement is a legal agreement between a developer and a local authority that sets out the terms and conditions under which the developer can carry out work on a public highway. The agreement will cover things like the timing of the work, the type of work that can be carried out, and any restrictions that the local authority imposes on the work.

The Section 278 Agreement: Notice Of Default (Council To Developer) under UK law is a legal template that outlines the procedure and requirements for notifying a developer of default under a Section 278 Agreement. Section 278 Agreements are typically entered into between a local authority (council) and a developer for the purpose of facilitating necessary highway works that are related to a development project.

This template provides the necessary framework for the local authority to formally notify the developer when they are in breach of their obligations or have failed to adhere to the terms outlined in the Section 278 Agreement. The notice of default serves as a formal communication, triggering certain legal consequences to rectify the default and ensuring the progress of the development project.

The agreement may specify different types of defaults, such as failure to complete works within the agreed timeframe, failure to provide required documentation, financial defaults, or non-compliance with relevant regulations. The notice of default describes the specific nature of the breach, the corresponding clause or provision of the Section 278 Agreement that has been violated, and the necessary steps to rectify the default.

The template also highlights the potential consequences of the default, which could include financial penalties, suspension of the development project, or even termination of the Section 278 Agreement. It may also outline the dispute resolution process in case the developer wishes to contest the notice of default or negotiate alternative solutions.

This legal template is designed to provide clarity, structure, and consistency in addressing defaults under a Section 278 Agreement, ensuring that both parties are aware of their rights, obligations, and the necessary steps to remedy any breach. It is intended to serve as a guide for local authorities in maintaining accountability and enforcing compliance with the terms of the agreement between the council and the developer.

How it works

Create doc / use template

Chat to our AI Legal Assistant

Edit, collaborate & share

Export to .docx

PRODUCT HUNT
#1 Product of the Day

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

See Genie AI in action

Book your personalised demo now

Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue



Click here to book your personalised demo now.

Thank you for requesting a demo. You can book one immediately using the following link if you'd like to: https://bit.ly/GenieAIDemo

If you'd like to, you can now fill in our ROI calculator - you'll get instant results, which we'll use to make your demo even more specific.

Calculate now
Oops! Something went wrong while submitting the form.



Click here to book your personalised demo now.

Similar legal templates

In Depth Confidentiality Agreement For Buying Shares nda (Individual Sellers)

This legal template is an in-depth confidentiality agreement specifically designed for individuals in the United Kingdom who are either purchasing or selling shares in a company. The agreement aims to outline the terms and conditions of maintaining strict confidentiality regarding any sensitive information shared during the transaction process. The template ensures that both the buyer and the seller are legally bound to keep all discussions, documentation, and details related to the sale confidential. This agreement provides a comprehensive framework to protect the interests of both parties involved, preventing unauthorized disclosure or misuse of classified information. Under UK law, this template offers a robust and legally enforceable means to safeguard sensitive data and maintain the utmost confidentiality throughout the share purchasing process.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
8
RATINGS
5
DISCUSSIONS
1

Exclusive Agreement For Private Equity Buyout (Seller Friendly)

The legal template, titled "Exclusive Agreement for Private Equity Buyout (Seller Friendly) under UK law," is a comprehensive document that outlines the terms and conditions for a private equity buyout transaction. Primarily designed to protect the interests of the seller, this agreement is specifically tailored to the legal framework of the United Kingdom.

The template governs the relationship between the seller and the acquiring private equity firm throughout the buyout process. It covers various aspects of the transaction, including the purchase price, payment terms, and conditions precedent that must be met before the deal can be concluded. The document outlines the rights and obligations of both parties, aiming to create a fair yet favorable arrangement for the seller.

Furthermore, the agreement extensively covers clauses related to confidentiality, non-compete, and non-solicitation, ensuring the seller's proprietary information and customer relationships are safeguarded post-transaction. It may also include provisions to restrict the acquiring private equity firm from engaging in activities that may harm the seller's interests or directly compete with the divested business.

This seller-friendly template may address issues related to warranties and representations made by the seller about the divested entity. It may also discuss the potential adjustment mechanisms in case there are deviations in the financial performance or valuation of the business prior to completion of the buyout. Additionally, the agreement might outline the process for dispute resolution, including the preferred jurisdiction for any legal proceedings.

Overall, the "Exclusive Agreement for Private Equity Buyout (Seller Friendly) under UK law" provides a comprehensive legal framework that protects the seller's interests, ensures a smooth buyout process, and sets clear guidelines for the acquiring private equity firm.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
9
RATINGS
3
DISCUSSIONS
1

Exclusive Agreement For Private Equity Buyout (Buyer Friendly)

The Exclusive Agreement for Private Equity Buyout (Buyer Friendly) under UK law is a legal template specifically designed to govern the buyout of a target company by a private equity buyer in the United Kingdom. This agreement prioritizes the interests and preferences of the buyer, providing them with favorable terms and conditions.

Key components of this agreement include provisions that define the scope and purpose of the buyout, the rights and responsibilities of both the buyer and the target company's shareholders, as well as the timeline and process for completing the transaction. It may also cover matters such as due diligence, representations and warranties, indemnification, and post-closing obligations.

The template focuses on protecting the buyer's interests by incorporating clauses that minimize risks, such as limitations on liability, exclusivity provisions, and non-competition provisions. It is aimed at securing the buyer's position while ensuring compliance with UK laws and regulations governing private equity transactions.

This legal template is intended for use by private equity firms, investors, or buyers seeking to acquire a target company in the UK, while prioritizing their own interests in negotiations and ensuring a smooth and legally sound buyout process. It is advised for parties involved in using this template to seek legal counsel to tailor the agreement to their specific circumstances and to ensure compliance with all applicable laws and regulations.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
6
RATINGS
3
DISCUSSIONS
3