Legal Question in Business Law in California
Party B contracted with Signs Inc. Party A contracted to pay Signs Inc. $75 per month for 36 months for the use of 2 signs. The contract contains an acceleration clause in the event of failure to pay the monthly rental and the following:
"Any loss of advertising, damages or delays caused by the Act of God, strikes, labor conditions or other causes beyond the control of Signs Ins. shall be satified by Advertiser being accord suitable and co-extensive advertising in extended service at the expiration hereof"
What the heck does that mean?
1 Answer from Attorneys
The quoted term specifically addresses situations where there is a loss of advertising, damages or delays attributed to causes that are beyond the control of Signs, Inc. - such as Act of God (i.e., natural disasters), strikes or labor conditions. Under such circumstances, Signs, Inc. will provide supplemental advertising to make up for such loss, which includes extended service at the expiration of the contract.
I would recommend you have an attorney review this contract to make sure that you are clear on what you are signing. I would be more than happy to assist you. Feel free to contact me.
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