executory in a sentence
a.
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Definition
Executory refers to a contract or agreement in which the obligations of one or both parties remain to be fulfilled.
Crossword clues for executory
Crossword clue ideas and answer hints for the word "executory".
- Relating to a contract not yet fully performed.
- Describing obligations still to be completed.
- Referring to an agreement awaiting execution.
- Involving pending duties in a legal arrangement.
- Characterizing unfinished parts of a contract.
Executory sentence examples
- The executory contract stipulates that the obligations of both parties must be fulfilled within a specified time frame.
- In real estate transactions, an executory agreement often binds the buyer and seller until the closing date.
- The court ruled that the executory nature of the contract prevented either party from withdrawing without facing penalties.
- During the negotiation, they included several executory clauses to ensure both sides would adhere to the agreed terms.
- Understanding the implications of an executory contract is essential for anyone involved in long-term agreements.