The contingency gives a buyer a contractual excuse to cancel the contract, during the contingency period, if the buyer is not satisfied with its condition, or any other matter affecting the property. The contingency stays in place until removed in writing by the buyer.
Contingent auto liability is a type of insurance coverage that protects the lessor (owner of a vehicle) from third-party damages associated with a lessee (the driver of that vehicle). For example, let's say your client owns a shipping business and permits a trucker to lease one of their trucks for a delivery.
Contingency Vehicle means revenue vehicles placed in an inactive fleet for contingencies after reaching the end of their normal minimum useful life.
The contingent period usually lasts anywhere from 30 to 60 days. If you have a mortgage contingency, the buyer's due date is usually about a week before closing. Overall, a home stays in contingent status for the specified period or until the contingencies are met and the buyer closes on their new house.
The contingency removal date is the date agreed upon by the buyer and seller, specifying when the would-be buyer removes the contingency and commits to purchasing the property.
A contingency is an event you can't be sure will happen or not. The noun contingency describes something that might or might not happen. We use it to describe an event or situation that is a possible outcome but one that's impossible to predict with certainty.
It is a JCQ requirement that all students sitting GCSEs and A Levels in the summer must make themselves available until the exams Contingency Day, a day set aside in case of exceptional circumstances that require an exam to be rescheduled.
Contingency Date means a date occuring in number business days after the date of mutual execution and delivery of an amendment, by Landlord and Tenant. Seen in 3 SEC filings. Contingency Date means a date which shall not be extended, notwithstanding that it is not a Business Day.
Contingency Date means a date occuring in number business days after the date of mutual execution and delivery of an amendment, by Landlord and Tenant. Seen in 3 SEC filings. Contingency Date means a date which shall not be extended, notwithstanding that it is not a Business Day.