Adhesion Contract definition: copy, customize, and use instantly
Introduction
The term "Adhesion Contract" refers to a contract that is drafted by one party and presented to the other party on a take-it-or-leave-it basis, with little or no opportunity for negotiation. It typically favors the drafter of the contract, often resulting in an imbalance of power between the parties.
Below are various examples of how "Adhesion Contract" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Adhesion Contract" as a standardized agreement
This definition ties "Adhesion Contract" to standardized agreements drafted by one party.
"Adhesion Contract" means a standardized contract drafted by one party, typically a stronger party in a transaction, leaving the other party little to no ability to negotiate or modify its terms.
Definition of "Adhesion Contract" as a non-negotiable agreement
This definition connects "Adhesion Contract" to agreements with non-negotiable terms.
"Adhesion Contract" refers to an agreement where one party sets all the terms, and the other party must either accept or reject the contract without any opportunity to negotiate.
Definition of "Adhesion Contract" as a take-it-or-leave-it offer
This definition links "Adhesion Contract" to take-it-or-leave-it offers.
"Adhesion Contract" means a contract offered on a take-it-or-leave-it basis, where one party imposes the terms and the other party has no opportunity to modify them.
Definition of "Adhesion Contract" as an agreement favoring the drafter
This definition applies "Adhesion Contract" to agreements favoring the drafting party.
"Adhesion Contract" refers to a contract that is drafted solely by one party, typically in a position of power, often favoring their interests while limiting the weaker party’s input.
Definition of "Adhesion Contract" as a pre-drafted agreement
This definition ties "Adhesion Contract" to pre-drafted agreements.
"Adhesion Contract" means a pre-drafted agreement provided by one party, where the other party is required to agree to the terms without negotiation.
Definition of "Adhesion Contract" as a boilerplate contract
This definition connects "Adhesion Contract" to boilerplate contracts.
"Adhesion Contract" refers to a boilerplate agreement with standardized terms, drafted by one party for mass use, leaving the other party no ability to negotiate the terms.
Definition of "Adhesion Contract" as an imbalanced agreement
This definition links "Adhesion Contract" to imbalanced agreements.
"Adhesion Contract" means a contract characterized by an imbalance of power, where one party imposes terms on another with no scope for negotiation.
Definition of "Adhesion Contract" as a one-sided agreement
This definition applies "Adhesion Contract" to one-sided agreements.
"Adhesion Contract" refers to an agreement where terms are entirely set by one party, often reflecting their interests, leaving the other party no opportunity to amend the conditions.
Definition of "Adhesion Contract" as a contract of unequal bargaining power
This definition ties "Adhesion Contract" to unequal bargaining power.
"Adhesion Contract" means a contract formed under conditions of unequal bargaining power, where the party with greater leverage dictates the terms.
Definition of "Adhesion Contract" as a contract for mass transactions
This definition connects "Adhesion Contract" to mass transactions.
"Adhesion Contract" refers to a standardized agreement used in mass transactions, where the stronger party unilaterally drafts the terms, leaving no room for negotiation.
Definition of "Adhesion Contract" as a contract limiting negotiation
This definition links "Adhesion Contract" to limiting negotiation.
"Adhesion Contract" means a contract that restricts the ability of the weaker party to negotiate or modify its terms, often requiring acceptance as-is.
Definition of "Adhesion Contract" as a predetermined agreement
This definition ties "Adhesion Contract" to predetermined agreements.
"Adhesion Contract" refers to an agreement with predetermined terms drafted by one party, requiring the other party to accept the conditions without modification.
Definition of "Adhesion Contract" as a standard form contract
This definition connects "Adhesion Contract" to standard form contracts.
"Adhesion Contract" means a standard form contract where terms are prepared by one party and presented to the other on a non-negotiable basis.
Definition of "Adhesion Contract" as a unilateral agreement
This definition links "Adhesion Contract" to unilateral agreements.
"Adhesion Contract" refers to a one-sided contract drafted by one party, which the other party must accept in its entirety without negotiation.
Definition of "Adhesion Contract" as an imposed contract
This definition applies "Adhesion Contract" to imposed contracts.
"Adhesion Contract" means a contract imposed by one party, where the other party has no ability to negotiate or alter its terms and must either accept or decline the agreement.
Definition of "Adhesion Contract" as a contract of submission
This definition ties "Adhesion Contract" to submission.
"Adhesion Contract" refers to an agreement where one party must submit to terms set by the other party without negotiation.
Definition of "Adhesion Contract" as a pre-written contract
This definition connects "Adhesion Contract" to pre-written contracts.
"Adhesion Contract" means a pre-written contract offered by one party to another, where the offered terms cannot be negotiated.
Definition of "Adhesion Contract" as a standardized legal agreement
This definition links "Adhesion Contract" to standardized legal agreements.
"Adhesion Contract" refers to a standardized legal agreement drafted by one party, often used in commercial transactions, leaving the other party with no negotiation power.
Definition of "Adhesion Contract" as a contract reflecting dominant-party terms
This definition ties "Adhesion Contract" to dominant-party terms.
"Adhesion Contract" means a contract reflecting terms dictated by the dominant party in a transaction, with no opportunity for the weaker party to negotiate.
Definition of "Adhesion Contract" as a non-modifiable agreement
This definition connects "Adhesion Contract" to non-modifiable agreements.
"Adhesion Contract" refers to an agreement where terms are fixed and cannot be altered by the accepting party.
Definition of "Absolute Priority Rule" as a hierarchy of claim satisfaction
This definition ties "Absolute Priority Rule" to the hierarchy of satisfying claims.
"Absolute Priority Rule" means a principle in bankruptcy proceedings that establishes the order in which claims are satisfied, prioritizing senior claims before any distribution to junior claimants.
Definition of "Absolute Priority Rule" as a creditor-first rule
This definition connects "Absolute Priority Rule" to prioritizing creditors.
"Absolute Priority Rule" refers to the principle that creditors are paid in full before equity holders receive any distributions in bankruptcy cases.
Definition of "Absolute Priority Rule" as a legal payment framework
This definition links "Absolute Priority Rule" to a legal framework for payments.
"Absolute Priority Rule" means a legal framework ensuring that higher-priority creditors are paid before lower-priority stakeholders in insolvency proceedings.
Definition of "Absolute Priority Rule" as a seniority principle
This definition applies "Absolute Priority Rule" to seniority in claims.
"Absolute Priority Rule" refers to the principle that senior creditors are entitled to payment in full before junior creditors or shareholders receive any payments.
Definition of "Absolute Priority Rule" as a bankruptcy distribution order
This definition ties "Absolute Priority Rule" to the order of distribution in bankruptcy.
"Absolute Priority Rule" means the rule dictating that claims are addressed in a strict hierarchical order during bankruptcy proceedings, starting with secured creditors.
Definition of "Absolute Priority Rule" as a debt hierarchy guideline
This definition connects "Absolute Priority Rule" to debt hierarchy.
"Absolute Priority Rule" refers to the guideline that establishes a strict hierarchy for debt repayment, ensuring higher-ranking creditors are paid first in insolvency cases.
Definition of "Absolute Priority Rule" as a strict payment order
This definition links "Absolute Priority Rule" to a strict order of payment.
"Absolute Priority Rule" means the legal principle requiring that senior claims are fully satisfied before any payments are made to junior claimants or equity holders.
Definition of "Absolute Priority Rule" as a creditor protection principle
This definition applies "Absolute Priority Rule" to protecting creditors.
"Absolute Priority Rule" refers to a principle designed to protect creditors by ensuring they are prioritized in the repayment hierarchy during bankruptcy.
Definition of "Absolute Priority Rule" as an insolvency framework
This definition ties "Absolute Priority Rule" to the framework for insolvency.
"Absolute Priority Rule" means a framework used in insolvency cases to determine the sequence of payments to creditors and shareholders.
Definition of "Absolute Priority Rule" as a shareholder restriction
This definition connects "Absolute Priority Rule" to restrictions on shareholders.
"Absolute Priority Rule" refers to the principle that shareholders cannot receive any distributions until all creditor claims are fully resolved.
Definition of "Absolute Priority Rule" as a priority enforcement rule
This definition links "Absolute Priority Rule" to enforcing priorities.
"Absolute Priority Rule" means a rule that enforces the priority of creditor claims over equity interests in bankruptcy distributions.
Definition of "Absolute Priority Rule" as a claim satisfaction principle
This definition applies "Absolute Priority Rule" to claim satisfaction.
"Absolute Priority Rule" refers to the principle that creditors' claims are satisfied in full according to their rank before equity holders are entitled to any payments.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.