Urgent advice need'd

[Canncom]

The following is a paragraph that is from a Business propsal and not being entirely sure what this would mean in laymans terms as far as swiss law would go. So any help or advice would welcome'd Thank you.

ARTICLE 10/. DUTIES OF THE PARTIES
10.1 The Second Party will be required to cover the payment of court legalization costs of the signed Agreement in amount on $8,520:00 (Eight thousand five hundred and twenty United States Dollars) or equivalent in EURO.
10.2 The Parties agree that agreed costs in Article 10.1, all other costs, expenses and expenditures including without limitation, legal cost and business initiative cost incurred in this transaction and investment opportunity will be deducted from the total investment sum amount of US$32,000,000:00 (Thirty-Two Million United States Dollars) after receiving the investment sum to the Bank account of the Second Party.
10.3 The part of the initial business costs expended by Second Party shall be reimbursed after installing of investment sum to the Bank account of the Second Party. It will be paid by the second Party at the same time as the Investment fund is being paid and each Party will instruct the involved banks to act on their behalf in this specific matter. The banks will be participating in the final execution of this Agreement

 

[Proserpina]

The following is a paragraph that is from a Business propsal and not being entirely sure what this would mean in laymans terms as far as swiss law would go. So any help or advice would welcome'd Thank you.

ARTICLE 10/. DUTIES OF THE PARTIES
10.1 The Second Party will be required to cover the payment of court legalization costs of the signed Agreement in amount on $8,520:00 (Eight thousand five hundred and twenty United States Dollars) or equivalent in EURO.
10.2 The Parties agree that agreed costs in Article 10.1, all other costs, expenses and expenditures including without limitation, legal cost and business initiative cost incurred in this transaction and investment opportunity will be deducted from the total investment sum amount of US$32,000,000:00 (Thirty-Two Million United States Dollars) after receiving the investment sum to the Bank account of the Second Party.
10.3 The part of the initial business costs expended by Second Party shall be reimbursed after installing of investment sum to the Bank account of the Second Party. It will be paid by the second Party at the same time as the Investment fund is being paid and each Party will instruct the involved banks to act on their behalf in this specific matter. The banks will be participating in the final execution of this Agreement

You would have to ask a legal professional in Switzerland.

 

[Dandy Don]

It is imperative that you hire the services of a Swiss business law attorney before this contract is signed. As a party to the agreement, you are obligating yourself financially and you need to understand the consequences of what you are signing before you sign. An attorney can help you figure out everything and advise whether the contract is ok as is or whether changes are needed that will benefit you.

 

[TigerD]

Det kan innebära allt. Denna webbplats är endast avsedd för amerikansk lag. Jag föreslår att du pratar med en svensk som advokat.

TD