Stipulations are contractual provisions that impose a specific obligation on one of the parties to a contract. They can be used to modify an existing agreement or to create new ones. Stipulations can be either positive or negative. Positive stipulations require one party to perform some action, while negative stipulations require one party to refrain from performing certain actions. Examples of stipulations include payment terms, delivery dates, warranties, indemnity clauses, and confidentiality agreements. There are also different types of stipulations, such as implied, express, and unilateral. Implied stipulations are those that the parties have agreed to without expressly stating them. Express stipulations are those that are explicitly stated in the contract. Unilateral stipulations are those that are placed on one party in the contract without the consent of the other party.
Stipulations
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FAQ
The cease-fire was stipulated by the treaty. The rules stipulate that players must wear uniforms.
This stipulation might put some sort of limit on the agreement. For example, if you run a fencing company and offer a sale, you can stipulate that to get the sale price, the fence must be ordered by a certain date. Your customer, in turn, might stipulate that the work must be finished before the ground freezes.
A ?stipulation? is an agreement between two parties that is submitted to the judge for approval. It eliminates the need to go to court and have a judge decide an issue. A written ?Stipulation and Order? includes the parties' agreement, both of their notarized signatures, and the judge's signature.
What Is an Example Of A Stipulation? For example, if you operate a restaurant and offer a coupon, you can stipulate that patrons must order a specific amount of home delivery to qualify for the coupon.
Stipulation generally means an agreement, a bargain, proviso, or condition. If the stipulation complies with an applicable statute or rule of court, it will be binding. A stipulation could mean a fact, promise, or provision in a contract agreed by two parties.
An agreement or contract, typically legal or formal in nature. covenant. contract. agreement. pact.
A stipulation is simply an agreement between the parties. To be effective, the stipulation must be in writing and signed by the judge or made on the record in open court.
In contracts, a stipulation used to define an agreement that ended with specific formalities in a ceremony. In contemporary use, stipulation means a material condition or a requirement in an agreement. In litigation, a stipulation generally means an agreement between opposing parties concerning a relevant point.