In the case of a Barter agreement, the “quit pro quo” principle applies. This means translated from the Latin “this for the” and denotes a legal principle. This implies that a person who gives something to another must receive a corresponding consideration. The term “Bartering” comes from the English language space, where “barter” means “exchange” or “barter.” As far as translation is concerned, it is already obvious that Bartering is bartering in its purest form. In the economic context, this type of trade is also considered a clearing operation. Thus, export is directly related to imports, which means that only the goods are exchanged and the money is not really circulating. In the bartering process, adjacent companies thus become the supplier and customers in the same way. In terms of services exchanged by companies, they are often products or services. Thus, the idea is simple: each company will have the opportunity to achieve the performance that leads to an improvement of its own position, without filling a cash benefit in return.
On the Closing Date, the Sellers will deliver to the Buyers a report (the Trade Report) which lists all Barter Agreements included in the Acquired Assets and the contract end date for each such Barter Agreement together with an itemized statement, determined in accordance with generally accepted accounting principles, of the aggregate value of the barter payable and the barter receivable pursuant to each of the Barter Agreements. In this context, too, we speak of a barter or a Barter agreement. Barter`s agreements take place particularly on the portal`s sites, for example in exchange for the form of links, banners or content. The exchange of banners in relation to Bartering works as follows: two operators of online platforms exchange their advertising locations, so that one website places the banner of the other operator. In this way, a win-win situation is used that does not require monetary resources. From the date hereof to the Closing Date, —————– Sellers will not allow any Radio Station Company to enter into a barter, trade, or similar agreement (a “Barter Agreement”) for the sale of more than $50,000 of air time without Buyer`s written consent (which will not be unreasonably held with or delayed). Disposal of Equipment and Acceptance of Barter Agreement The board approved a motion to accept the barter agreement proposed by David Peregmon letter dated 4/21/09. In addition to the $in barter travel deposited by AAA pursuant to the Travel Barter Agreement, AA will deposit an additional $upon execution of this Letter.
A barter agreement refers to an exchange in which a good or service is exchanged for another good or service. There is no money. The term “Barter” comes from English and means “exchange.” The payment rules set out in the state treaties (“compensation agreements”) served as the basis for Swiss economic relations with the Axis powers, both in the pre-war years and during the war years of the Second World War.  Beginning in 1929, the global economic crisis led to a dramatic scarcity of gold and foreign exchange reserves in Central and Eastern European countries. The governments of Germany and Italy have resorted to strict payment and trade restrictions, which have also caused a serious attack on external economic relations with Switzerland.