A certain fecha is a binding date in a contract for completing actions, and non-fulfillment can result in legal action. It is commonly seen in vencimiento fees and options contracts, and can be modified if all parties agree. Legal action can be taken if one party does not comply.
A certain fecha is a term that is used to identify the fecha in which the actions related to a contract are programmed to be completed. This fecha is important, since it is included in the text of the contract and is considered binding for all parties who participate in the agreement. The non-fulfillment of the case determined by one of the parties can make the other parties determine that if they have produced a non-fulfilment of the contract and, possibly, take legal measures to recover the losses that they produce as a result of this non-fulfilment.
One of the most common examples of a determined fee is the vencimiento fee identified in the terms and conditions of a legal agreement. This fecha serves as the point in the time when the provisions of the contract are not considered binding, and both sides are free to renew the relationship with a new contractual term or seek commercial relationships with new partners. For example, if a customer elects not to renew a service contract with a contractor in the determined fee, then the contract is considered successful and the contractor is not legally obligated to sell goods and services to the customer at the price contained therein.
The concept of a certain fecha is also encompassed with various types of inversions, such as the exercise of options or derivatives. As with the majority of solicitudes, the question in question must be established at a moment in the future that is considered reasonable and acceptable to all interested parties. If it is well possible to exercise the options before the specific fee, generally there are provisions that allow you to fulfill all the terms of the contract before this fee. For this reason, there is a difference between the certain fee and the real fee of liquidation.
In the event that the benefits contained in the contract do not meet the determined wage, they can take various courses of action. If all parties are at stake, the contract can be modified to include a new specific fee, effectively rescheduling the cantidad of time permitted so that all parties meet these conveniences. In the event that the relationship between the parties involved in the agreement is less than amicable, there is also the possibility that the offended party takes legal actions against the party or the party that does not comply with the provisions of the contract in a timely manner, and seek remuneration through the courts.
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