institute 10% disbursements clause
简明释义
公会10%费用条款
英英释义
A provision in a contract that specifies that only 10% of the total funds will be disbursed at a particular stage or under certain conditions. | 合同中的一项条款,规定在特定阶段或根据某些条件仅发放总资金的10%。 |
例句
1.To protect our interests, we will institute 10% disbursements clause in all future contracts.
为了保护我们的利益,我们将在所有未来的合同中设立10%的支付条款。
2.The company decided to institute 10% disbursements clause in the contract to ensure that payments are made only after certain milestones are achieved.
公司决定在合同中设立10%的支付条款,以确保只有在达到某些里程碑后才会付款。
3.The client requested to institute 10% disbursements clause to minimize financial risk during the project.
客户要求设立10%的支付条款以最小化项目期间的财务风险。
4.The legal team recommended to institute 10% disbursements clause as a standard practice in our agreements.
法律团队建议在我们的协议中将设立10%的支付条款作为标准做法。
5.During the negotiations, we agreed to institute 10% disbursements clause to manage cash flow effectively.
在谈判过程中,我们同意设立10%的支付条款以有效管理现金流。
作文
In the realm of finance and contract management, clauses play a crucial role in outlining the responsibilities and obligations of all parties involved. One such clause that has gained attention is the institute 10% disbursements clause, which refers to a stipulation within a contract that mandates a specific percentage of funds to be allocated or disbursed at certain stages of a project or agreement. Understanding this clause is essential for both parties to ensure transparency and accountability in financial transactions.The institute 10% disbursements clause typically serves as a safeguard for project stakeholders. By instituting a requirement for a 10% disbursement, it ensures that funds are released in increments rather than in a lump sum. This approach helps mitigate risks associated with mismanagement or misuse of funds, as it allows for regular monitoring and evaluation of the project's progress. For instance, in construction contracts, this clause can be particularly beneficial. It allows contractors to receive partial payments as they complete specific milestones, ensuring that they have the necessary cash flow to continue their work without delays.Moreover, the institute 10% disbursements clause can also serve to protect the interests of the party providing the funds. By tying disbursements to project milestones, the fund provider can ensure that their investment is being utilized effectively. If a contractor fails to meet the required milestones, the fund provider has the right to withhold further payments until the issues are resolved. This creates a system of checks and balances that fosters accountability and encourages timely completion of the project.However, it is important to note that while the institute 10% disbursements clause offers several advantages, it also requires clear communication and understanding between the parties involved. Both sides must agree on what constitutes a completed milestone and how the disbursement process will be managed. Any ambiguity in these definitions can lead to disputes and conflicts, which could ultimately derail the project.In addition, the implementation of this clause may require careful documentation and record-keeping. Parties involved must maintain accurate records of project progress and expenses to justify the disbursement requests. This can add an additional layer of administrative work, but it is a necessary step to ensure compliance with the terms of the contract.Ultimately, the institute 10% disbursements clause is a powerful tool in contract management that promotes financial discipline and project accountability. By establishing a structured payment schedule based on performance, it aligns the interests of both parties and fosters a collaborative working relationship. As projects become increasingly complex and financial transactions more scrutinized, understanding and implementing such clauses will be vital for successful outcomes.In conclusion, the institute 10% disbursements clause is not merely a contractual formality; it is a strategic mechanism that enhances the integrity of financial dealings. Whether in construction, service agreements, or other contractual arrangements, this clause can significantly impact the success of a project. Therefore, stakeholders should prioritize understanding its implications and ensure that it is clearly articulated within any agreement they enter into.
在金融和合同管理领域,条款在概述所有相关方的责任和义务方面发挥着至关重要的作用。其中一个引起关注的条款是设立10%支付条款,它指的是合同中的一项规定,要求在项目或协议的某些阶段分配或支付特定比例的资金。理解这一条款对于双方确保财务交易的透明度和问责制至关重要。设立10%支付条款通常作为项目利益相关者的保障。通过设定10%的支付要求,它确保资金以增量而非一次性支付。这种方法有助于减轻与资金管理不善或滥用相关的风险,因为它允许对项目进展进行定期监控和评估。例如,在建筑合同中,这一条款可能特别有利。它允许承包商在完成特定里程碑时获得部分付款,确保他们拥有必要的现金流以继续工作,而不会出现延误。此外,设立10%支付条款还可以保护提供资金一方的利益。通过将支付与项目里程碑挂钩,资金提供者可以确保他们的投资得到有效利用。如果承包商未能达到所需的里程碑,资金提供者有权在问题解决之前扣留进一步的付款。这创造了一种制衡系统,促进了问责制,并鼓励及时完成项目。然而,需要注意的是,尽管设立10%支付条款提供了多个优势,但它也需要相关方之间明确的沟通和理解。双方必须就什么构成已完成的里程碑以及如何管理支付流程达成一致。任何在这些定义上的模糊性都可能导致争议和冲突,最终可能会破坏项目的进展。此外,实施这一条款可能需要仔细的文档和记录保存。相关方必须保持准确的项目进展和费用记录,以证明支付请求的合理性。这可能增加额外的行政工作,但这是确保遵守合同条款所必需的步骤。最终,设立10%支付条款是在合同管理中一种强有力的工具,促进财务纪律和项目问责制。通过建立基于绩效的结构化支付计划,它使双方的利益保持一致,促进了合作关系。随着项目变得越来越复杂,财务交易受到更多审查,理解和实施这样的条款对于成功的结果至关重要。总之,设立10%支付条款不仅仅是合同形式上的要求;它是一种战略机制,增强了财务交易的完整性。无论是在建筑、服务协议还是其他合同安排中,这一条款都可能显著影响项目的成功。因此,利益相关者应优先理解其影响,并确保在任何协议中清晰表述。
相关单词