Definition of «contract terms»

The term "contract terms" refers to the specific provisions, conditions and stipulations that are included in a contract between two or more parties. These terms outline the rights and responsibilities of each party involved in the agreement, as well as any other expectations or obligations they have towards one another. Contract terms can include details such as payment schedules, delivery timelines, warranties, liabilities, intellectual property rights, and dispute resolution procedures, among others. Understanding and adhering to these contract terms is crucial for maintaining the integrity of the agreement and preventing any potential conflicts or misunderstandings between parties.

Sentences with «contract terms»

  • The unfair contract terms laws do not apply to a contract to supply goods or services, or financial products or services, from one business to another. (law.stackexchange.com)
  • We have helped manage communications and negotiated contract terms with vendors of claims - processing products. (carltonfields.com)
  • Construction Manager who provides clear direction and explains plans and contract terms in a clear and understandable way. (resume-now.com)
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