30 nov.

Through the Fence Agreements

Through the fence agreements: What they are and why they matter for businesses

Through the fence (TTF) agreements are a type of agreement between two neighboring landowners, particularly airports and adjacent businesses. In a TTF agreement, a non-airport entity, such as a manufacturer or a facility, would be permitted to use airport facilities, like runways or taxiways, to transport goods or services back and forth to their own facility.

TTF agreements can be beneficial to both parties involved. For airports, TTF agreements can help generate revenue while also building relationships with local businesses. For businesses, TTF agreements provide access to the airport`s resources, which can be a significant advantage in terms of transportation and logistics.

TTF agreements typically allow a non-airport entity to conduct limited operations on airport property, such as loading and unloading cargo or parking aircraft. In some cases, they may also allow for the construction of facilities or infrastructure on airport property. However, it`s important to note that TTF agreements are usually subject to strict regulations and requirements, especially regarding safety and security measures.

One of the most significant benefits of TTF agreements is increased efficiency. By utilizing airport resources, businesses can significantly reduce transportation costs and time. For example, a TTF agreement with a nearby airport would allow a manufacturer to move goods between their facility and the airport more efficiently, without having to rely on outside transportation providers.

TTF agreements also offer a competitive advantage. By having access to airport resources, businesses can improve their supply chain management, especially when it comes to just-in-time (JIT) delivery of goods. JIT delivery enables businesses to reduce inventory costs, minimize waste and improve their overall efficiency.

In addition, TTF agreements can be a significant advantage for businesses looking to expand their reach and penetrate new markets. By having access to an airport`s resources, businesses can more easily transport goods across the country or even globally. This can help businesses to tap into new markets without having to invest in expensive transportation infrastructure or rely on third-party providers.

In conclusion, TTF agreements offer significant benefits to both airports and businesses. For businesses, TTF agreements provide access to airport resources, which can improve their efficiency, competitiveness and market reach. For airports, TTF agreements can help generate revenue and build relationships with local businesses. However, it`s important to note that TTF agreements are subject to strict regulations and requirements, especially regarding safety and security measures. As such, it`s important for businesses and airports to work closely together to ensure that TTF agreements are mutually beneficial and compliant with all relevant regulations.

23 nov.

What Is Checked for an Agreement in Principle

If you`re looking to buy a property, you`ll likely need an agreement in principle (AIP) from a mortgage lender. An AIP is a pre-approval for a mortgage, which indicates that the lender is willing to lend you a certain amount of money to purchase a property, subject to certain conditions. Before issuing an AIP, the lender will carry out checks to ensure that you`re eligible for a mortgage.

Here are some of the things that will be checked when you apply for an agreement in principle:

Credit score and history

One of the first things that a lender will check is your credit score and history. This will give them an idea of your financial history and how much of a risk you are to lend money to. If you have a poor credit score or a history of missed payments, it can be harder to get an AIP, or you may be offered a higher interest rate.

Income and outgoings

Another important factor is your income and outgoings. The lender will want to ensure that you can afford the mortgage repayments, so they`ll take into account your income, any debts you have and your regular monthly expenses. They`ll also factor in any other commitments you have, such as childcare costs or other loans.

Employment status

Your employment status will also be checked. Lenders prefer applicants who are in full-time employment, but they may also consider those who are self-employed or on a zero-hour contract. If you`re self-employed, you`ll need to provide documentation such as tax returns to prove your income.


The size of your deposit will also be checked. The larger your deposit, the more likely you are to be approved for a mortgage and the better interest rate you`ll be offered. If you have a small deposit, you may still be able to get an AIP, but you`ll need to have a good credit history and prove that you can afford the monthly repayments.

Property details

Finally, the lender will want to know the property details, such as the price, location, and type of property. They`ll also want to carry out a valuation to ensure that the property is worth the amount you`re looking to borrow.

In summary, when applying for an agreement in principle, the lender will check your credit score and history, income and outgoings, employment status, deposit size and property details. If you meet their criteria, you`ll be issued with an AIP, which can help you when making an offer on a property.

20 nov.

General Independent Contractor Agreement

As an independent contractor, it is important to have a clear and concise agreement in place before starting any work for a client. A general independent contractor agreement outlines the terms and conditions of the relationship between the contractor and the client, ensuring that both parties are on the same page from the start. In this article, we will outline some key elements that should be included in a general independent contractor agreement.

1. Scope of work: Clearly define the project or task that the independent contractor will be responsible for. This should include specific deliverables, deadlines, and any other relevant details.

2. Payment terms: Specify the payment amount, payment schedule, and any other payment-related details such as the method of payment, invoicing requirements, and late payment penalties.

3. Intellectual property: If the independent contractor will be creating any original works such as written content, graphics, or software, it is important to specify who will own the intellectual property rights to those works. This should also include any usage rights that the client may have.

4. Confidentiality: If the independent contractor will be dealing with sensitive information such as trade secrets or personally identifiable information, it is important to include a confidentiality clause to protect that information.

5. Termination: Specify the circumstances under which either party can terminate the agreement, and the notice required for termination.

6. Liability and indemnification: Clarify the liability of each party in case of any damages or losses caused during the course of the project or as a result of the agreement. This should also include a clause for indemnification, which means that one party will compensate the other for any losses or damages resulting from a breach of the agreement.

7. Governing law: Specify the jurisdiction and governing law that will apply to the agreement in case of any legal disputes.

In conclusion, a general independent contractor agreement is a crucial document that sets the foundation for a successful working relationship between the contractor and the client. It is important to ensure that this document is well-drafted, legally binding and contains all the essential clauses to protect both parties’ interests. By including the elements discussed above, the agreement will provide a clear understanding of expectations and responsibilities, leading to a seamless and fruitful collaboration between the two parties.

06 nov.

Chile Free Trade Agreement Form

As global trade and commerce continue to expand, countries around the world are seeking to establish free trade agreements with one another in order to facilitate international trade. The Chile Free Trade Agreement is one such agreement that enables trading between the United States and Chile. This article explores the details of the Chile Free Trade Agreement Form and its impact on businesses.

The Chile Free Trade Agreement Form is a document that outlines the provisions and rules of the free trade agreement between the United States and Chile. The agreement was signed in 2003 and went into effect on January 1, 2004. Since then, it has provided significant benefits to both countries, including increased trade and economic growth.

The Chile Free Trade Agreement eliminates tariffs on goods and services traded between the two countries, allowing businesses to trade freely without any barriers. This has led to increased exports of U.S. goods to Chile, particularly in the agriculture, manufacturing, and service sectors. Similarly, Chilean producers have gained greater access to the U.S. market, allowing them to expand their customer base and increase their profitability.

The agreement also includes provisions for intellectual property rights, labor rights, and environmental protection. For example, the agreement establishes protections for patents, trademarks, and copyrights, ensuring that businesses can protect their intellectual property when trading with Chile. It also provides for labor protections such as banning forced labor and child labor, ensuring that workers are treated fairly and ethically.

In addition, the Chile Free Trade Agreement Form includes a Dispute Settlement Mechanism that allows businesses to resolve disputes through consultation and negotiation. If this process fails, parties can request a neutral panel to arbitrate the dispute. This mechanism ensures that businesses can resolve disputes quickly and without significant disruption to their operations.

Overall, the Chile Free Trade Agreement has been a significant success for both the United States and Chile. It has increased trade between the two countries, stimulated economic growth, and provided important protections for businesses and workers. If your business is interested in trading with Chile, it is important to understand the provisions and rules of the agreement to ensure that you can take full advantage of its benefits.