Bilateral Contract definition: Copy, customize, and use instantly
Introduction
The term "Bilateral Contract" refers to an agreement between two parties in which each party makes a promise or performs an obligation toward the other. It is essential for establishing mutual responsibilities and ensuring that both parties fulfill their commitments.
Below are various examples of how "Bilateral Contract" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Bilateral Contract" as an agreement with reciprocal promises
This definition ties "Bilateral Contract" to an agreement involving reciprocal promises.
"Bilateral Contract" means an agreement where both parties exchange mutual promises, each party agreeing to perform specific duties or obligations for the other.
Definition of "Bilateral Contract" as a contract with mutual obligations
This definition connects "Bilateral Contract" to mutual obligations between parties.
"Bilateral Contract" refers to a legally binding agreement where two parties mutually agree to uphold certain obligations, each promising to provide something of value in return.
Definition of "Bilateral Contract" as a two-party contract
This definition links "Bilateral Contract" to a two-party agreement.
"Bilateral Contract" means a contract involving two parties, each party making promises or agreements that are enforceable by law.
Definition of "Bilateral Contract" as an agreement for mutual benefit
This definition ties "Bilateral Contract" to a mutually beneficial agreement.
"Bilateral Contract" refers to an agreement in which both parties offer something of value to each other, establishing obligations and rights that benefit both.
Definition of "Bilateral Contract" as a contract involving exchange of promises
This definition connects "Bilateral Contract" to the exchange of promises.
"Bilateral Contract" means a contract in which both parties make promises to each other, with each promise being legally binding and enforceable.
Definition of "Bilateral Contract" as a legally binding agreement with two parties
This definition links "Bilateral Contract" to a legally binding agreement between two parties.
"Bilateral Contract" refers to a legally enforceable agreement where two parties make promises to each other, and both parties are legally obligated to fulfill those promises.
Definition of "Bilateral Contract" as a contract based on mutual agreement
This definition ties "Bilateral Contract" to mutual agreement between parties.
"Bilateral Contract" means an agreement made between two parties where each party agrees to perform certain actions or obligations in exchange for something of value.
Definition of "Bilateral Contract" as an agreement requiring both parties to perform
This definition connects "Bilateral Contract" to the requirement of both parties performing their duties.
"Bilateral Contract" refers to an agreement where both parties have a duty to perform, each party agreeing to provide something of value to the other in exchange for a reciprocal promise.
Definition of "Bilateral Contract" as a contract based on promises and obligations
This definition links "Bilateral Contract" to promises and obligations between parties.
"Bilateral Contract" means a contract in which each party promises to perform certain actions, thereby creating reciprocal obligations that are enforceable under law.
Definition of "Bilateral Contract" as a contract involving mutual exchanges of consideration
This definition ties "Bilateral Contract" to the mutual exchange of consideration.
"Bilateral Contract" refers to an agreement in which both parties exchange something of value, such as money, goods, or services, creating mutual obligations and responsibilities.
Definition of "Bilateral Contract" as a two-sided agreement
This definition connects "Bilateral Contract" to a two-sided agreement.
"Bilateral Contract" means a two-sided agreement in which both parties promise to do something for each other, with each party being bound by their respective promises.
Definition of "Bilateral Contract" as a contract with reciprocal duties
This definition links "Bilateral Contract" to reciprocal duties between two parties.
"Bilateral Contract" refers to an agreement where each party assumes specific responsibilities and promises to perform certain acts in exchange for the performance of the other party.
Definition of "Bilateral Contract" as an agreement between two parties to perform obligations
This definition ties "Bilateral Contract" to an agreement involving performance of obligations.
"Bilateral Contract" means an agreement in which two parties agree to perform certain obligations, with each party offering something of value in return for the other’s promise.
Definition of "Bilateral Contract" as a contract where both parties are bound
This definition connects "Bilateral Contract" to the binding nature for both parties.
"Bilateral Contract" refers to an agreement where both parties are legally bound to fulfill their promises, creating mutual obligations and responsibilities.
Definition of "Bilateral Contract" as an agreement with promises and duties
This definition links "Bilateral Contract" to promises and duties between parties.
"Bilateral Contract" means a contract in which each party makes a promise, and in return, both parties assume duties and responsibilities under the terms of the agreement.
Definition of "Bilateral Contract" as a mutual exchange agreement
This definition ties "Bilateral Contract" to a mutual exchange agreement.
"Bilateral Contract" refers to an agreement where both parties make a promise, creating a mutual exchange of value and binding obligations that both parties must fulfill.
Definition of "Bilateral Contract" as a contract where both parties agree to exchange promises
This definition connects "Bilateral Contract" to an agreement where both parties exchange promises.
"Bilateral Contract" means an agreement where two parties exchange promises and assume obligations, with both parties bound to perform their respective promises.
Definition of "Bilateral Contract" as an agreement between two parties with conditional obligations
This definition links "Bilateral Contract" to conditional obligations between parties.
"Bilateral Contract" refers to an agreement where each party promises to perform certain actions, and the obligations are conditioned on the other party’s performance.
Definition of "Bilateral Contract" as a contract with obligations on both sides
This definition ties "Bilateral Contract" to obligations on both sides of the agreement.
"Bilateral Contract" means a contract in which both parties agree to provide something of value, with each party assuming obligations and responsibilities that are legally enforceable.
Definition of "Bilateral Contract" as a mutual agreement with two promises
This definition connects "Bilateral Contract" to a mutual agreement with two promises.
"Bilateral Contract" refers to a mutual agreement where both parties make a promise, and in return, each party must fulfill their respective promise under the agreement.
Definition of "Bilateral Contract" as an agreement binding two parties to perform obligations
This definition links "Bilateral Contract" to an agreement binding both parties to obligations.
"Bilateral Contract" means a legally binding agreement where two parties agree to perform certain actions or duties, and each is obligated to fulfill their promise to the other.
Definition of "Bilateral Contract" as a two-party legal contract
This definition ties "Bilateral Contract" to a two-party legal contract.
"Bilateral Contract" refers to a legal contract involving two parties, each of whom agrees to perform certain obligations, creating mutual rights and duties.
Definition of "Bilateral Contract" as a contract with mutual performance requirements
This definition connects "Bilateral Contract" to mutual performance requirements.
"Bilateral Contract" means an agreement where both parties are required to perform actions, and each party is bound by a mutual exchange of promises.
Definition of "Bilateral Contract" as an agreement in which both parties promise to act
This definition links "Bilateral Contract" to both parties promising to act.
"Bilateral Contract" refers to an agreement where both parties make promises to act, with each promise being contingent on the other party’s performance.
Definition of "Bilateral Contract" as an agreement based on reciprocal promises
This definition ties "Bilateral Contract" to reciprocal promises between parties.
"Bilateral Contract" means an agreement where two parties make reciprocal promises, with each party agreeing to perform a certain act or provide something in exchange for the other’s promise.
Definition of "Bilateral Contract" as a two-party contract requiring reciprocal promises
This definition connects "Bilateral Contract" to a contract requiring reciprocal promises.
"Bilateral Contract" refers to an agreement between two parties, where both parties make reciprocal promises to perform specific obligations.
Definition of "Bilateral Contract" as an agreement obligating both parties to perform
This definition links "Bilateral Contract" to an agreement obligating both parties.
"Bilateral Contract" means a contract in which both parties are obligated to perform specific actions, and the contract is enforceable by law.
Definition of "Bilateral Contract" as a contract based on mutual exchange
This definition ties "Bilateral Contract" to a mutual exchange between parties.
"Bilateral Contract" refers to a contract where both parties agree to exchange promises, with each party bound by their respective obligations.
Definition of "Bilateral Contract" as an agreement where each party provides consideration
This definition connects "Bilateral Contract" to consideration from both parties.
"Bilateral Contract" means an agreement where both parties provide consideration in the form of promises, creating a binding contract with enforceable obligations.
Definition of "Bilateral Contract" as a reciprocal promise agreement
This definition links "Bilateral Contract" to a reciprocal promise agreement.
"Bilateral Contract" refers to a contract where each party makes a promise to do something in exchange for the other party’s promise.
Definition of "Bilateral Contract" as a legally enforceable two-party agreement
This definition ties "Bilateral Contract" to a legally enforceable two-party agreement.
"Bilateral Contract" means an agreement between two parties in which each party makes a promise, creating mutual obligations that are enforceable under law.
Definition of "Bilateral Contract" as a mutual obligation agreement
This definition connects "Bilateral Contract" to a mutual obligation agreement.
"Bilateral Contract" refers to an agreement where both parties have mutual obligations to perform certain duties or actions in exchange for consideration.
Definition of "Bilateral Contract" as a contract based on mutual promises
This definition links "Bilateral Contract" to a contract based on mutual promises.
"Bilateral Contract" means a legally binding agreement where both parties make promises to perform specific obligations in exchange for the other party's promise.
Definition of "Bilateral Contract" as an agreement where performance is required by both parties
This definition ties "Bilateral Contract" to the requirement for performance by both parties.
"Bilateral Contract" refers to an agreement where both parties are required to perform specific acts or provide something of value, and both are legally obligated to uphold their promises.
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.