Pre Approval - Law Dictionary Search Results
pre-approval
Matched in: Term pre-approval
Penalty
fact that the parties state expressly in their contract that the sum named is 'liquidated damages' will not prevent the Court from deciding that it is a penalty. 'The cases upon the subject of penalty or liquidated … liquidated damages is a genuine covenanted pre-estimate of loss, Dunlop Co. v. New Garage Co., 1915 AC 79; approved in Widnes Foundry (1925) Ltd. v. Cellulose Acetate Co. Ltd., (1931) 2 KB 393, and 1933 AC 20.
condition
conditional adj conditionally adv vt conditioned conditioning : to make subject to conditions [the sale…was orally conditioned upon approval of the patent "j. d. calamari and j. m. perillo"] … is to be fulfilled by another party condition implied in law : constructive condition in this entry condition precedent [-pri-sēd-nt, -pre-sə-dənt] : a condition that must be fulfilled before performance under a contract can become due, an
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