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- An executory contract is a contract that has not yet been fully performed or fully executed. It is a contract in which both sides still have important performance remaining.
en.wikipedia.org/wiki/Executory_contract
Dec 19, 2014 · An executory contract is a contract made by two parties in which the terms are set to be fulfilled at a later date. The contract stipulates that both sides still have duties to perform before it becomes fully executed.
An executory contract is a contract that has not yet been fully performed or fully executed. [1] It is a contract in which both sides still have important performance remaining. However, an obligation to pay money, even if such obligation is material, does not usually make a contract executory.
An executory contract is an agreement where some or all of the obligations or promises made by one or both parties have not yet been performed. This type of contract emphasizes the ongoing nature of the agreement and indicates that certain duties remain to be fulfilled.
An executory contract is a contract made when two parties enter into an agreement that involves certain obligations to be executed over time. At its most basic, the definition of an executory contract is that, unlike an executed contract, it involves obligations that are still pending.
An executory contract is a type of agreement between parties in which some future act or obligation remains to be performed. This means that the completion of the contract's terms and conditions is contingent on one or more parties fulfilling certain actions or duties in the future.
What is an executory contract, and why does it matter in business transactions and law? An executory contract is a legally binding agreement where both parties have outstanding obligations to perform, crucial in sectors like real estate, technology, and more.
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An executory contract is defined as a contract where both parties have ongoing obligations to perform under its terms. The legal definition emphasises the mutual responsibility to fulfils future duties, which distinguishes it from contracts that are already fully executed.
