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resolutory

 

Definitions from the Web

Resolutory

Noun

A resolutory condition is a condition which, if fulfilled, will terminate an obligation or contract.

Example Sentence: The resolutory condition of the contract stated that if the buyer fails to make the payment within 30 days, the seller has the right to cancel the agreement.

Adjective

The resolutory clause refers to a condition that cancels or terminates a legal agreement.

Example Sentence: The resolutory clause in the lease agreement allowed the landlord to terminate the contract if the tenant failed to pay the rent on time.

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