Section 278 (Highways Agreement)
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useContract party
Relevant sectors
Type of legal document
📃 Infrastructure development agreementBusiness activity
Improve or develop highwaysA development agreement is a legally binding agreement between a landowner and a developer that sets forth the terms and conditions under which the developer is allowed to improve the property. The agreement typically covers such matters as the scope of work to be performed, the schedule of work, the standards to be met, and the price to be paid.
The template covers various aspects related to the construction, improvement, and adoption of the highway by the local authority. It typically includes provisions regarding the design, materials, and construction methods that need to be followed to ensure the highway meets the required standards. The agreement may also detail the processes involved in obtaining necessary permits, licenses, or consents for the works.
Furthermore, the template may specify the responsibilities and liabilities of each party involved. For instance, the developer is usually responsible for the costs associated with the construction works, including the design, supervision, and potential traffic management measures. The agreement may also outline the obligations of the developer to repair any damage caused during the works or to maintain the highway for a specified period following completion.
Additionally, the template can address other pertinent issues such as timeframes for completing the works, access arrangements, health and safety requirements, and insurance provisions to safeguard against potential risks. It may also include provisions for dispute resolution mechanisms in case conflicts arise during the implementation or execution of the agreement.
Overall, the Section 278 (Highways Agreement) template serves as a comprehensive document that sets out the legal framework, conditions, and obligations for all parties involved in the construction, improvement, and adoption of highways connected to development sites in the UK. Its primary purpose is to ensure that the necessary infrastructure changes are carried out in a manner that harmonizes with the existing road network while considering the broader interests of public safety, traffic management, and urban development.
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
Sterling Term Loan Agreement (Lending Syndicate To Corporate Borrower)
The template would typically include provisions regarding the loan amount, repayment terms, interest rates, and any applicable fees or penalties. It may also outline the conditions precedent that must be met before the loan can be disbursed, such as the submission of financial statements or the provision of collateral.
The agreement will address the responsibilities of the lending syndicate, which consists of a group of lenders, and the corporate borrower. This could include specifying the payment schedule, the mechanism for disbursing funds, and procedures for monitoring the loan and ensuring compliance with the agreed-upon terms by both parties.
Additionally, the template may include provisions relating to events of default, loan transferability, assignments, and rights and remedies in case of breaches or disputes. It may also address confidentiality, governing law, and jurisdiction, specifying that all parties must comply with UK laws and resolve any legal disputes in the UK court system.
Overall, the Sterling Term Loan Agreement (Lending Syndicate To Corporate Borrower) under UK law serves as a comprehensive legal document that governs the terms and conditions of a loan transaction between multiple lenders and a corporate borrower in compliance with the United Kingdom's legal framework.
Publisher
Genie AIJurisdiction
England and WalesTerm Sheet For Loan Agreement By Single Lender Financing A Private Company Acquisition (LBR or BOEBR)
The template contains detailed provisions specifying the obligations and responsibilities of both the lender and the borrower. It outlines the loan amount, repayment terms, interest rates, and any additional fees or costs associated with the loan. The term sheet also includes clauses concerning the security and collateral provided by the borrower, as well as any guarantees or warranties required.
Furthermore, the template likely covers the conditions precedent that must be fulfilled before the loan disbursement, such as obtaining regulatory approvals, completing legal due diligence, or meeting specific financial targets. It may also address any default and termination provisions, including the lender's rights in case of non-payment or breach of agreement.
Additionally, the term sheet could cover matters related to the use of loan proceeds, potential restrictions on the borrower's activities, and the lender's rights for inspection or audit. The template may also address provisions for amendment and assignment, governing law and jurisdiction, as well as dispute resolution mechanisms.
Overall, this legal template provides a comprehensive framework for a loan agreement between a single lender and a private company, allowing for the acquisition financing while maintaining legal compliance under UK law.
Publisher
Genie AIJurisdiction
England and WalesSecured Facility Agreement For Management Buyouts
This legal template is specifically designed to address the financial aspect of such a transaction, specifically focusing on the provision of funds by a third-party lender to support the management buyout. The agreement will commonly include provisions related to the loan amount, interest rates, repayment terms, collateral requirements, and any warranties or representations made by the management team regarding the operation and viability of the business.
Under UK law, this agreement is intended to ensure that all parties involved in the management buyout, including the lender, management team, and existing shareholders, have a clear understanding of their rights, obligations, and responsibilities. It establishes the terms of the loan, secures the investment against predetermined assets or collateral, and provides a legal framework for resolving any potential disputes that may arise during the transaction process.
Overall, this legal template serves as a comprehensive and legally binding document to govern the financial relationship between the lender and the management team during a management buyout under UK law.