Terms definition: Copy, customize, and use instantly
Introduction
The term "Terms" refers to the specific conditions, stipulations, or agreements outlined within a contract. It defines the rights, duties, and obligations of the parties involved and serves as the foundation for enforcing contractual agreements.
Below are various examples of how "Terms" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Terms" for a contractual agreement
This definition ties "Terms" to the conditions of a contract.
"Terms" refers to the specific provisions, conditions, and stipulations outlined within this agreement, detailing the rights and obligations of each party involved.
Definition of "Terms" in relation to payment conditions
This definition connects "Terms" to payment arrangements.
"Terms" means the conditions regarding the payment schedule, including the amount, method, and timing of payments required from the parties involved.
Definition of "Terms" for warranties
This definition links "Terms" to warranty provisions.
"Terms" refers to the warranty conditions under which goods or services are provided, including the scope of coverage, duration, and exclusions related to warranty claims.
Definition of "Terms" in the context of a lease agreement
This definition ties "Terms" to lease agreements.
"Terms" means the conditions specified in the lease, including the rental amount, duration of the lease, maintenance responsibilities, and any other provisions that govern the tenancy.
Definition of "Terms" for a loan agreement
This definition connects "Terms" to the loan conditions.
"Terms" refers to the conditions of the loan, including the interest rate, repayment schedule, collateral requirements, and any covenants or restrictions attached to the loan.
Definition of "Terms" for confidentiality
This definition links "Terms" to confidentiality agreements.
"Terms" refers to the conditions under which confidential information is exchanged and the obligations regarding the protection, non-disclosure, and use of such information.
Definition of "Terms" in a partnership context
This definition ties "Terms" to partnership agreements.
"Terms" means the agreed-upon conditions between the partners, outlining each partner's responsibilities, profit-sharing, and other operational guidelines within the partnership.
Definition of "Terms" in an intellectual property agreement
This definition connects "Terms" to intellectual property.
"Terms" refers to the conditions under which intellectual property rights are granted, including the scope, duration, and licensing arrangements for the use of such rights.
Definition of "Terms" for termination clauses
This definition links "Terms" to contract termination.
"Terms" means the provisions governing the conditions under which the agreement can be terminated, including the notice period, grounds for termination, and any penalties or obligations following termination.
Definition of "Terms" in an employment agreement
This definition ties "Terms" to the employment relationship.
"Terms" refers to the conditions governing the employment relationship, including salary, benefits, working hours, and other provisions related to the employee's duties and rights.
Definition of "Terms" for dispute resolution
This definition connects "Terms" to resolving disputes.
"Terms" means the conditions and processes through which disputes between the parties will be resolved, including mediation, arbitration, or litigation procedures.
Definition of "Terms" for governing law
This definition links "Terms" to applicable legal jurisdiction.
"Terms" refers to the provisions that specify the governing law and jurisdiction under which the agreement will be interpreted and enforced.
Definition of "Terms" in a supply agreement
This definition ties "Terms" to supply conditions.
"Terms" means the conditions under which goods or services are supplied, including delivery schedules, quality standards, and pricing arrangements.
Definition of "Terms" in a warranty agreement
This definition connects "Terms" to warranty provisions.
"Terms" refers to the conditions under which warranties are provided, including duration, scope of coverage, and any exclusions or limitations to the warranty.
Definition of "Terms" in a service agreement
This definition links "Terms" to services provided.
"Terms" means the conditions that govern the provision of services, including the scope of services, performance standards, payment terms, and duration of the agreement.
Definition of "Terms" for indemnification
This definition ties "Terms" to indemnification clauses.
"Terms" refers to the provisions that set forth the circumstances under which one party agrees to indemnify the other for certain losses, damages, or liabilities.
Definition of "Terms" in a merger agreement
This definition connects "Terms" to a merger transaction.
"Terms" means the conditions and provisions under which a merger or acquisition is conducted, including the valuation, timeline, and structure of the transaction.
Definition of "Terms" in an investment agreement
This definition links "Terms" to investment conditions.
"Terms" refers to the provisions governing the investment, including the amount, return on investment, timing, and any restrictions or exit clauses related to the investment.
Definition of "Terms" for regulatory compliance
This definition ties "Terms" to compliance requirements.
"Terms" refers to the conditions that ensure the parties comply with all applicable laws, regulations, and standards relevant to the contract or agreement.
Definition of "Terms" for product returns
This definition connects "Terms" to return policies.
"Terms" means the conditions under which a product can be returned, including timeframes, eligibility criteria, and the process for returning goods.
Definition of "Terms" in a franchise agreement
This definition links "Terms" to franchising conditions.
"Terms" refers to the conditions under which a franchise operates, including the franchise fee, territorial rights, and ongoing obligations of both the franchisor and franchisee.
Definition of "Terms" for insurance policies
This definition ties "Terms" to insurance coverage.
"Terms" refers to the provisions that define the scope of coverage, exclusions, premium payments, and the conditions under which claims can be made under the insurance policy.
Definition of "Terms" for distribution agreements
This definition connects "Terms" to distribution rights.
"Terms" means the conditions that govern the relationship between the distributor and supplier, including pricing, territory, and delivery arrangements.
Definition of "Terms" in a construction contract
This definition links "Terms" to construction provisions.
"Terms" refers to the conditions under which the construction services are provided, including the timeline, payment structure, and quality standards.
Definition of "Terms" for a non-compete agreement
This definition ties "Terms" to non-compete clauses.
"Terms" means the conditions under which one party agrees not to engage in certain competitive activities within a defined period and geographical area after the termination of the contract.
Definition of "Terms" for a settlement agreement
This definition connects "Terms" to settlement conditions.
"Terms" refers to the provisions that outline the specific terms of the settlement, including the payment or action to be taken and the release of claims.
Definition of "Terms" in a non-disclosure agreement
This definition links "Terms" to confidentiality obligations.
"Terms" means the conditions under which confidential information will be exchanged, used, and protected by the parties involved in the agreement.
Definition of "Terms" in a joint venture agreement
This definition ties "Terms" to joint venture stipulations.
"Terms" refers to the conditions governing the joint venture, including the distribution of profits, responsibilities, and operational guidelines between the parties.
Definition of "Terms" for royalty agreements
This definition connects "Terms" to royalty provisions.
"Terms" means the conditions under which royalties are paid, including the percentage, timing, and reporting requirements.
Definition of "Terms" in a licensing agreement
This definition links "Terms" to licensing conditions.
"Terms" refers to the provisions governing the licensing of intellectual property, including the scope, duration, and territorial limitations of the license.
Definition of "Terms" for exclusivity
This definition ties "Terms" to exclusive rights.
"Terms" means the conditions under which one party is granted exclusive rights to distribute, sell, or use a product or service within a defined market or territory.
Definition of "Terms" in an agreement for services
This definition connects "Terms" to service contracts.
"Terms" refers to the conditions under which services are rendered, including scope, performance expectations, and compensation.
Definition of "Terms" for a shareholder agreement
This definition links "Terms" to shareholder provisions.
"Terms" refers to the conditions governing the rights and obligations of shareholders, including voting rights, dividend distribution, and transfer of shares.
Definition of "Terms" in a commercial contract
This definition ties "Terms" to business contracts.
"Terms" means the specific provisions that define the rights, duties, and obligations of the parties in the commercial agreement.
Definition of "Terms" for breach of contract
This definition connects "Terms" to breach provisions.
"Terms" refers to the conditions outlining what constitutes a breach of contract, including the remedies available and the consequences for non-performance.
Definition of "Terms" for a licensing arrangement
This definition links "Terms" to licensing frameworks.
"Terms" means the provisions that govern the use, distribution, and restrictions of licensed materials or intellectual property between the licensor and licensee.
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.