The term “ inure, ” as far as the legal field is concerned, describes the point at which a new law or agreement goes into effect. The term “inure” can also refer to the act of becoming used to something unpleasant, such as an abusive environment.
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Jan 09, 2019 · Inure. January 9, 2019 by: Content Team. The term “ inure, ” as far as the legal field is concerned, describes the point at which a new law or agreement goes into effect. The term “inure” can also refer to the act of becoming used to something unpleasant, such as an abusive environment. For example, inure, as it applies to children, refers to those whose parents …
Inure has the following meanings. To take effect or come into use. In property law it can mean to vest. For example the settlement proceeds must inure to the benefit of the widow and children. To make accustomed to something unpleasant. For example abused children become inured …
What does inure or incurment mean? If you are trying to start a nonprofit organization then more than likely at some point you will read the following: “The organization must not be organized or operated for the benefit of private interests, and no part of a section 501(c)(3) organization’s net earnings may inure to the benefit of any ...
Feb 26, 2008 · jaymediane commented on the word inure. Inure (also enure) v. 1 trans. (usu. be inured to) accustom (someone) to something, esp. something unpleasant : these children have been inured to violence. 2 intrans. ( enure for/to) Law come into operation; take effect : a release given to one of two joint contractors inures to the benefit of both.
In regards to property law, inure means to vest, which essentially is granting a fixed, immediate right of current or future enjoyment. This is important since it means that an individual now has an absolute right to a current or future interest in something of value.
Definition of inure transitive verb. : to accustom to accept something undesirable children inured to violence. intransitive verb. : to become of advantage policies that inure to the benefit of employees.
This Agreement shall be binding upon and inure to the benefit of the Borrower, the Administrative Agent and the Lenders, all future holders of the Notes, and their respective successors and assigns, except that the Borrower shall not assign or transfer any of its rights or obligations under this Agreement without the ...
Inure is a transitive verb, used with an object. The related noun is inurement, the gerund is inuring. Enure is (1) a legal term meaning to happen, to be applied, to come into effect, to serve as a benefit to a person (2) an older variant of inure.
Inure in a Sentence 🔉Raising three dramatic daughters will inure you to temper tantrums.After a while, the guards were able to inure themselves to the voices of the prisoners begging for freedom.Even the veteran detective could not inure himself to the sight of a murdered child.More items...
1 : to hold fast or stick by or as if by gluing, suction, grasping, or fusing The stamp failed to adhere to the envelope. 2 : to give support or maintain loyalty adhere to traditional values. 3 : to bind oneself to observance adhere to the rules.
You might know inure from “successors and assigns” provisions: This agreement is binding upon, and inures the benefit of, the parties and their respective permitted successors and assigns.Jul 30, 2014
As nouns the difference between successor and assign is that successor is a person or thing that immediately follows another in holding an office or title while assign is an assignee.
Permitted Assign means for a person that is an Employee, Director or Consultant of the Issuer or any of its Affiliates, a holding entity (as defined in National Instrument 45-106) of the person or an RRSP or RRIF of the Person.
Break 'inure' down into sounds: [I] + [NYOOR] - say it out loud and exaggerate the sounds until you can consistently produce them. Record yourself saying 'inure' in full sentences, then watch yourself and listen. You'll be able to mark your mistakes quite easily.
To take, or have effect or serve to the use, benefit, or advantage of a person. The word is often written inure. A release to the tenant for life, enures to him in reversion; that is, it has the same effect for him as for the tenant for life. A discharge of the principal enures to the benefit of the surety.
Yes, enure is in the scrabble dictionary.
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To take effect or come into use. In property law it can mean to vest. For example the settlement proceeds must inure to the benefit of the widow and children.
Private benefit occurs when an individual or organization receives a benefit— monetary or nonmonetary—from a 501 (c) (3) organization. A tax-exempt organization that provides a substantial amount of private benefit may risk losing its tax-exempt status.
An insider is a person who has a personal and private interest in the activities of an organization.
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The document that they received when they bought the timeshare states that the timeshare "benefits and obligations hereunder shall inure to and be binding upon the heirs, executors, administrators, successors and assigns" of my parents.
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What is an Attorney-in-Fact. In some jurisdictions, the individual given authority to act on behalf of the principal is called an “attorney-in-fact.”. An attorney-in-fact is not an attorney in a legal sense, but acts as the principal’s agent. When an attorney-in-fact is appointed, he has a fiduciary duty to be completely honest in his dealings ...
A regular power of attorney ends when it is no longer needed, or once the duties are fulfilled. It typically ends in the event the principal becomes incapacitated, unless certain language, referred to as a “durability clause,” is included to ensure it continues in effect. A durable power of attorney, therefore, remains in effect even when the principal becomes incapacitated. In simple terms, a durable power of attorney safeguards the principal should he become unable to make decisions for himself by automatically granting the attorney-in-fact power to oversee financial or medical matters.
In some cases, an attorney-in-fact may be paid for his services. If this is the case, this agreement must be made in a separate contract, and kept private. In the event the principal fails to provide payment as agreed, the contract can be enforced by a court.
Also referred to as a “financial power of attorney,” powers granted by a general power of attorney include: Dealing with bank transactions. Managing and entering safety deposit boxes. Entering into contracts. Purchasing and managing real property. Purchasing personal property. Purchasing life insurance policies.
While a durable power of attorney allows the agent’s authority to continue in the event the principal becomes incapacitated, a springing power of attorney does not go into effect until or unless the principal become s incapacitated. Creating a springing power of attorney allows an individual to plan for the possibility of such a thing occurring, granting authority to someone he trusts to handle his affairs in the event he is unable.
Enid, with the help of her attorney, created a spring power of attorney, giving authority to her sister to handle all of her personal and financial affairs in the event she becomes incapacitated. Enid’s sister has no authority to act until her sister is unable to handle her affairs herself. Three years later, Enid is involved in a car accident that leaves her with a serious head injury, rendering her incapable of making decisions and acting on her own behalf. At this time, Enid’s power of attorney “springs” into effect, enabling her sister to act on her behalf.
Terminating a power of attorney can be accomplished in several ways. Power of attorney documents are not, in most cases, required to be filed with the court. If such a document has not been filed with the court, it can be considered terminated when the principal dies.
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A General Power of Attorney is a legal document whereby one person called the Principal gives another person called the agent or attorney-in-fact the power to manage the Principal�s assets and financial affairs while the Principal is alive. Power can be given to the agent to do any and all acts the Principal can perform.