7 The lender agrees that it will not take any action during the term of this Agreement to restrict or influence this guarantee unless it obtains the prior written consent of the institution. 8. This Agreement shall be governed by and construed in accordance with the laws of the State of Nevada, which shall also be the forum for all disputes arising out of this Agreement. This Agreement may not be assigned in advance by either party without the express written consent of the other parties. 9. This Agreement and the Annexes above, if any, constitute the entire agreement between the Parties with respect to the subject matter of this Agreement and may be amended at any time only by mutual written consent of the Parties. Any communication addressed to one of the parties is requested at the above addresses by registered or registered letter, counter-ticket or sent by postal service overnight with proof of delivery. Who can use this artist agreement? This Art Gallery – Artist Agreement is designed to be used by a gallery owner. You will find an agreement conceived from the artist`s point of view in our artist consignment contract. 8 10. Any party may terminate this agreement by giving the other party a written period of 30 days without notice.
This agreement, developed by ContractStore with ArtQuest, is intended to be used when an artist is invited to lend works for an exhibition. The borrower can be a gallery, museum or other organization or business. It contains two pages with the conditions and a calendar indicating the works to be delivered and the insured value – which corresponds to the expected retail value, unless otherwise agreed. ContractStore provides templates and is not a law firm. But experienced lawyers write all our templates, so we can arrange mutual legal assistance for clients who need special conditions in one of our documents or a custom model. . For more information, visit our Legal Services site. For more information, visit our Legal Services site.
This two-page exhibition loan agreement is in a simple and user-friendly format and defines the conditions under which an artist agrees to lend works for an exhibition. 5 The Party who takes the measures to transport the work of art to or from the exhibition shall provide adequate insurance coverage in accordance with the provisions set out in this provision. 3. If the lender decides to maintain its own insurance, the lender`s insurance shall take precedence. The lender undertakes to ask in writing its insurer to waive the transfer of the claim to the institution before issuance. If the lender does not request a waiver of the transfer of the claim, the contract constitutes a waiver for the establishment of any liability related to the loan. 4. The work shall remain in the possession of the institution in the exhibition for which it was loaned during the period provided for in this Agreement, but may be withdrawn from the exhibition at any time by the institution.
The work shall only be returned to the lender at the address specified in this Agreement, unless the institution is notified in writing. When the legal ownership of the loan changes during the term of the loan, the new owner may be asked, prior to his return, to justify a claim for the right to obtain the loan by proof satisfactory to the institution. 4 2. To the extent that the creditor does not choose to maintain its own insurance cover during the loan period, the institution shall insure that work of art, under non-life all-risk insurance, up to the amount indicated in front of this Agreement, against any risk of physical loss or damage for external reasons, while they are on site for the duration of the loan. The Directive referred to contains restrictions in cases of force majeure and the usual exclusions for loss or damage due to wear and tear, progressive deterioration, moth, vermin, inherent lorry or damage resulting from an authorised process of repair, restoration or alteration or from causes such as hostile or bellicose acts in time of peace or war, nuclear, nuclear or radioactive violence; Reaction or contamination, insurrection, rebellion, civil war, usurped power, measures taken by governmental authorities to hinder, combat or defend such an event, seizure or destruction in quarantine or customs regulations, seizure by order of a governmental or public authority or risks of smuggling or illicit transport or trade. . . .