One of the benefits of including a release clause in a mortgage or other type ofsecured loanis that the borrower can recover full control over some portion of the asset pledged and be able to use that portion for some other type of financial pursuit. This means that if the acreage acquired...
The general release definition is a legal document releasing one party from the right to bring a claim against another party. What Is a General Release? In small businesses, general releases are used in many different circumstances. A general release has a legal impact, as long as all requirem...
A release clause is a term that refers to a provision within amortgagecontract. The release clause allows for the freeing of all or part of a property from a claim by the creditor after a proportional amount of the mortgage has been paid. A release clause may also be associated with a r...
A waiver is a legally binding provision where either party in a contract agrees to voluntarily forfeit a claim without the other party being liable. Waivers are commonly seen during settlement talks, when one party may be willing to pay out a slightly higher award, as long as the other perso...
A defeasance clause in real estate is a provision in loan agreements that defines how a borrower can satisfy the lender's requirements in order to release their lien on the property. This clause can vary in its application, depending on whether the loan involves residential or commercial real ...
a hyphen is used in computer language to signify a connector between two words or phrases. it is used to help clarify the meaning of a sentence, such as when connecting two independent clauses in a compound sentence. hyphens can also be used to simplify long strings of words, such as ...
What is an indemnity agreement? An indemnity agreement is a contract that protects one party of a transaction from the risks or liabilities created by the other party of the transaction. Hold harmless agreement, no-fault agreement, release of liability, or waiver of liability are other terms ...
An Access Control List (ACL) is a packet filter that filters packets based on rules. One or more rules describe the packet matching conditions, such as the source address, destination address, and port number of packets. For packets that match the ACL rules configured on a device, the devic...
Non-disclosure clause. This clause may also be known as a confidentiality clause. In this clause, the business explains that the employee who signs the contract is beholden to not reveal any company secrets they learn during the course of their employment. ...
WINDOW clause Determines the partitioning and ordering of a rowset before the window function, which uses the window in OVER clause is applied. See SELECT - WINDOW. IS [NOT] DISTINCT FROM Determines whether two expressions when compared with each other evaluate to NULL, and guarantees a true ...