EXPENSE ALLOCATION AGREEMENT. This AGREEMENT, effective as of ______, 199__ , is by and between the. [list each fund] with offices at__________________(collectively the Funds) and. [list union and other entities] with offices at__________________(the Union).
A condition in a contract that causes the contract to become invalid if a certain event occurs. A condition in a contract or will that causes the contract to become invalid if a certain event occurs.This is different from a condition precedent.The happening of a condition subsequent may invalidate a contract which is, until that moment, fully valid and binding. In the case of a condition precedent, no binding contract exists until the condition occurs. condition in a contract that causes the contract to become invalid if a certain event occurs. A condition in a contract or will that causes the contract to become invalid if a certain event occurs.
The main difference between a void contract and an illegal contract  is that a void contract is no longer valid. It's lost its  authenticity. An illegal contract is a contra â¦ ct that is not legal  in the name of law.Therefore, it is not relevant. void contract is no contract at all-in the eyes of the law it has never existed because of some fundamental problem.    A voidable contract is a contract which one â¦ side has the right to avoid at any time. However, until they exercise that right, the contract is valid and enforceable.