Conditions, reasonable efforts and good faith
Most conditions require that a party undertakes to achieve a certain fact or event: that’s what the condition is about or what is implied by
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Most conditions require that a party undertakes to achieve a certain fact or event: that’s what the condition is about or what is implied by
A condition sometimes enables one party a relatively great discretionary freedom to decide whether or not it is satisfied. If such liberty essentially means that
The legal concept of conditions refers to the satisfaction of something affecting a right or obligation. If the condition relates to something that exists (but
This weblog addresses a few simple matters related to conditions: conditions precedent vs. conditions subsequent. It’s the prelude to drafting principles and best practice rules
In this second blog on conditions (for the introductory blog, click here), I would like to discuss the drakonic effect: the right to terminate on
Contracts sometimes contain the verb deem to create a certainty amongst the parties. This blog elaborates on this verb. The reference in a contract provision
