demand clause
demand clause (票据中的)支付条款 在出票人对分期付款的任何一期款项不能按时支付的情况下,该条款允许持票人强制出票人全额付款。
demand clause. A provision in a note allowing the holder to compel full payment if the maker fails to meet an installment. Cf. ACCELERATION CLAUSE. [Cases: Bills and Notes 129(3). C.J.S. Bills and Notes; Letters of Credit§ 90.]
English law. The provision in a conveyance transferring “all the estate, right, title, interest, claims, and demand” of the grantor in the property conveyed. — Also termed all-estate clause.
all the estate clause Read More »
appraisal clause. An insurance-policy provision allowing either the insurer or the insured to demand an inde-pendent estimation of a claimed loss. [Cases: Insurance 3249. C.J.S. Insurance §§ 1379–1380.]
all-the-estate clause. English law. The provision in a conveyance transferring “all the estate, right, title, interest, claims, and demand” of the grantor in the property conveyed. — Also termed all-estate clause. “It was also usual before 1882 to add what was called an ‘all estate clause’ with the object of ensuring that the entire interest
all the estate clause Read More »
ad damnum clause (ad dam-n[schwa]m). [Latin “to the damage”] A clause in a prayer for relief stating the amount of damages claimed. See PRAYER FOR RELIEF . [Cases: Federal Civil Procedure 679; Pleading 72. C.J.S. Pleading §§ 110–115.] “Where the amount the plaintiff is entitled to recover appears from the statement of facts — as
insecurity clause. A loan-agreement provision that allows the creditor to demand immediate and full payment of the loan balance if the creditor has reason to believe that the debtor is about to default, as when the debtor suddenly loses a significant source of income. Cf. ACCELERATION CLAUSE. [Cases: Bills and Notes 129(1); Secured Transactions 221.
A request addressed to the court and appearing at the end of a pleading; esp., a request for specific relief or damages. — Often shortened to prayer. — Also termed demand for relief. See AD DAMNUM CLAUSE. [Cases: Federal Civil Procedure 680; Pleading 72. C.J.S. Pleading §§ 110–115.]
prayer for relief. A request addressed to the court and appearing at the end of a pleading; esp., a request for specific relief or damages. — Often shortened to prayer. — Also termed demand for relief. See AD DAMNUM CLAUSE. [Cases: Federal Civil Procedure 680; Pleading 72. C.J.S. Pleading §§ 110–115.] “The prayer for relief.
lex commissoria (leks kom-i-sor-ee-a). [Latin “forfeiture clause” or “cancellation clause”] Roman law. 1. A term in a contract of sale allowing the seller to rescind the sale if the price was not paid by the agreed time. 2. A clause by which, in a pledge agreement, a debtor and creditor could agree that if the