As soon as possible after receipt of the Supplier`s notification, the Buyer will assess the situation and may, at its sole discretion, extend the Supplier`s period of performance, with or without the imposition of contractual penalties, the extension being confirmed by the parties by amendment of the Contract. Home / Knowledge Base / When you say “as soon as possible”, what do you mean? One of the most commonly used expressions in the English language is “as soon as possible”. We all think we know what that means – isn`t it somewhere between “immediately” and “as soon as possible”? As soon as practicable, the Company will generally make available to its securityholders and agents one or more profit and loss accounts of the Company and its subsidiaries that comply with the provisions of section 11(a) of the Act and Rule 158 of the Act. The test for a potential claim is established law – the insured defendant must have sufficient information to know that the event would have at least a 50% probability of damage occurring (Layher v. Lowe). If an event or time approaches you, this will happen very quickly as it becomes possible after the exercise of a warrant, the Company will issue to the holder of the warrant certificate proving that the warrant the warrant securities to which that holder is entitled in fully registered form. are registered in the name or names of the respective holder. English version of the thesaurus from soon and as soon as possible Designers have professional liability insurance. Manufacturers have product liability insurance and commercial liability insurance. All of these guidelines may stipulate that any circumstances that may lead to a claim should be communicated to the broker as soon as possible. The Court of Appeal recently considered whether an insured person has met this test and is entitled to coverage. Used to tell someone that you will do something very soon The Court of Appeal agreed with the Supreme Court Justice that if Zurich Insurance had meant the policy, it must say “inform of any event that could give rise to a claim, once there is sufficient information and/or detail about the likelihood of a claim to make it both possible and reasonably practical, to make such a notification`. Why, then, did they not explicitly state this in the terms of the directive? Zurich tried to get this “as soon as possible” so that it could deny the demand.
It later turned out that the contractor`s accident record was not updated until a week after the accident. Three months later, no one had heard anything. Maccaferri employees received a number of phone calls informing them that there had been an accident at the scene and that one of their weapons had been removed by the plaintiffs` lawyers for review. Maccaferri staff also heard in the pub that someone had lost an eye on this site. However, Maccaferri employees did not think it was likely that the weapon was to blame, as it was regularly maintained, maintained and tested, and instead considered it a user`s error. Maccaferri heard nothing for 10 months. Maccaferri was not admitted to the court until 22 months after the injury occurred at the scene. At that time, Maccaferri informed the insurers. When an event or time approaches, it will soon happen to say that you will bring what someone asked for very soon to achieve the goal of completing a task as quickly as possible. It is a priority.
So when you write contracts, be clear about what you want or you will be blamed. Contracts have their normal meaning wherever possible, but if the clause is not clear, there may be a loophole. Used to say that the time for something has not yet happened, but will arrive soon, or just a little time after something as soon as possible: Used specifically to ask someone to do something quickly An upcoming event or situation, especially an unpleasant event, is an event that will happen very soon Once possible, after the payment of compensatory or other taxes by the borrower to a government The borrower must provide the administrative agent with the original or a certified copy of a receipt issued by such government agency proving such payment, a copy of the tax return for such payment, or any other proof of such payment reasonably satisfactory to the administrative agent. A settlement was reached with the aggrieved party – Maccaferri`s share was £233,000 – but Zurich refused to cover Maccaferri for two reasons: first, that the circumstances had not been disclosed as soon as possible under the policy, and second, that Maccaferri had not investigated the case, so that the likelihood of a claim could not be proved. Used to say you want something to happen soon so something else can happen The Zurich Insurance v Maccaferri case refers to bodily injuries caused by a pneumatic lacing tool known as the Spenax gun, which “pulls” C-clips to attach steel mesh gabions. Imagine a giant stapler. Maccaferri hired a separate company to repair the weapons. Maccaferri also leased the guns to builders, who in turn leased the guns to construction workers. An employee of the constructor moved the gun out of the lane of an excavator and a C-clip was ejected and struck him in the face.
If a party relies on something ambiguous, it is interpreted against it – that is, a favorable interpretation of ambiguity in favor of the party who could lose his rights. This is exactly what happened here – the sentence could not be extended as far as Zurich wanted, and certainly not to the point of denying rights. The level of knowledge of Maccaferri employees at the time of the accident and the context of regular maintenance meant that they reasonably considered damage unlikely and did not notify until more information was revealed to increase the likelihood of damage above 50%. There was no positive obligation for Maccaferri to investigate and find a claim. Zurich was therefore not entitled to reject the request. at a future time that is not very far away, and which can be guessed at least partially from the present conditions at a short distance or separated only by a short period Powered by Black`s Law Dictionary, Free 2nd ed., and The Law Dictionary. The meaning of the term is crucial when one party tries to rely on it to blame the other party and deny the other party a claim that otherwise existed.