Twitter Google Share on Facebook CONTRACT or BENEVOLENCE, Civil law. One which is made for the benefit of only one of the contracting parties; such as loan for use, deposit, and mandate. Poth. Obl. n. 12. See Contracts. A Law Dictionary, Adapted to the Constitution and Laws of the ...
What makes this a contingent contract is that the convenience store is only obliged to accept and pay for the additional 150 cakes if the first 50 sell within a certain timeframe. In other words, the sale of the remaining 150 cakes is contingent on the first 50 selling quickly. ...
21.-2. Into consensual, or those which are formed by the mere consent of the parties, such as sale, hiring and mandate; and those in which it is necessary there should be something more than mere consent, such as loan of money, deposit or pledge, which from their nature require a del...
Xxxxxx Agreementmeans that certain Contingent Stock Agreement, effective as of January 1, 1996, by The Xxxxx Company in favor of and for the benefit of the Holders (named in Schedule I thereto) and the Representatives (therein defined), as amended. ...
7. Sale of Existing Home If you are an existing homeowner and need the funds from the sale of that home to buy the new property, you should make your purchase offer contingent upon the sale of your current home. You should also provide a reasonable time frame for you to sell your old...
CFD brokers offer many of the same order types as traditional brokers, including stops, limits, and contingent orders, such as “one cancels the other” and “if done.” Some brokers offering guaranteed stops will charge a fee for the service or recoup costs in another way. Brokers make ...
For instance, a clause specifying that payment is contingent upon delivery. Implied Conditions: Not explicitly stated but inferred from the contract's nature or the parties' intentions. For example, the expectation of merchantable quality in purchased goods under the Sale of Goods Act. Conditions ...
Contingent Job Offer Novation Agreement Drug and Alcohol Policy Employee Reimbursement Policy Overtime Policy Disciplinary Procedure Policy Nondiscrimination Policy Vacation Policy Fraternization Policy Hiring Policy Grievance Policy Return of Company Property Policy ...
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It’s common for a real estate contract to guarantee the sale, contingent on the buyer’s ability to sell his or her current home or even the seller's ability to find a new one. Asrising interest ratesand high home prices limit affordability for buyers and discourage many homeowners from ...