What are the implications of the principal's obligations to compensate and indemnify the agent in an executory agency agreement?

Apr 22, 2023 ... This memo explains the advantages and disadvantages of executory arbitration, its legality, its perception by the general public, and its implications. Under section 365 of the Bankruptcy Code, the Debtor has the option to either assume or reject unexpired leases and executory contracts. (In simple terms, an ... Feb 7, 2025 ... Main takeaways from this article: · A contract becomes enforceable as soon as all necessary parties sign it, ensuring everyone is committed to ... Dec 1, 2021 ... Executed consideration - where promises made in a contract are delivered immediately (e.g. delivery of goods); Executory consideration ... Feb 13, 2017 ... “Executory Contract” is a defined term under the Plan and means “a contract or unexpired lease to which one or more of the Debtors is a party ... An executory contract in real estate is a contract that has remaining actions or obligations to be completed. A rental lease is one example since the landlord ... Jul 1, 2022 ... Executory costs include utilities, repairs, maintenance, insurance, common area expenses, and taxes paid for the leased asset during its ... Oct 7, 2015 ... Herein, let's assume that the LLC agreement is executory, because the obligations of both Debtor and the other members of Company's operating ... Jul 9, 2024 ... An executory trust exists where property is held on a current trust, but there is an obligation to execute a further, final trust instrument respecting the ... Sep 30, 2024 ... An executory contract is defined as a contract where both parties have ongoing obligations to perform under its terms. The legal definition ...