Hi Guys,
I have a fairly simple question about wording in a contract I've signed as what I think it means compared to the other party that signed it think it means differs. i.e. there is a difference of meaning depending on viewpoint.
The contract states the following;
"£5,300 payable on the first calendar day of the month - 5 months after the commencement of training."
The training start date is January 25th.
I take it to mean payment is due on 1st June or 1st July. My figuring is that you add five months to Jan and get June 25th then round up to 1st July (closer) or back down to 1st June.
The other party (Flight Training Organisation) produced a payment schedule where the payment starts 1st May. When I queried this with them, they figure they include January in the plus five making it 25th May then round down to 1st May.
So from a legal perspective what does the words actually mean the date should be?
Thanks for reading!
I have a fairly simple question about wording in a contract I've signed as what I think it means compared to the other party that signed it think it means differs. i.e. there is a difference of meaning depending on viewpoint.
The contract states the following;
"£5,300 payable on the first calendar day of the month - 5 months after the commencement of training."
The training start date is January 25th.
I take it to mean payment is due on 1st June or 1st July. My figuring is that you add five months to Jan and get June 25th then round up to 1st July (closer) or back down to 1st June.
The other party (Flight Training Organisation) produced a payment schedule where the payment starts 1st May. When I queried this with them, they figure they include January in the plus five making it 25th May then round down to 1st May.
So from a legal perspective what does the words actually mean the date should be?
Thanks for reading!