egrediens et exeuns
egrediens et exeuns (e-gree-dee-enz et ek-see-[schwa]nz). [Latin “stepping out and exiting”] Common-law pleading. Going forth and issuing out of (land).
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Search Results for: GREE
future advance clause
future-advance clause. A contractual term in a security agreement covering additional loaned amounts on present collateral or collateral to be acquired in the future, regardless of whether the secured party is obliged to make the advances; esp., a provision in an open-end mortgage or deed of trust allowing the borrower to borrow additional sums in
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special relationship
A nonfiduciary relationship having an element of trust, arising esp. when one person trusts another to exercise a reasonable degree of care and the other knows or ought to know about the reliance. Cf. fiduciary relationship. [Cases: Master and Servant 30(1.15); Torts 12. C.J.S. Employer–Employee Relationship § 60; Torts §§ 54, 59–65.]
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trust receipt
trust receipt. 1. A pre-UCC security device — now governed by Article 9 of the Code — consisting of a receipt stating that the wholesale buyer has possession of the goods for the benefit of the financier. • Today there must usu. be a security agreement coupled with a filed financing statement. [Cases: Chattel Mortgages
conditional contract
An agreement that is enforceable only if another agreement is performed or if another particular prerequisite or condition is satisfied. — Also termed hypothetical contract. [Cases: Contracts 218. C.J.S. Contracts §§ 355, 358.]
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condition subsequent
A condition that, if it occurs, will bring something else to an end; an event the existence of which, by agreement of the parties, discharges a duty of performance that has arisen. [Cases: Contracts 226. C.J.S. Architects § 16; Contracts § 357.]
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clause paramount
clause paramount. Maritime law. A provision in a charterparty that specifies what jurisdiction’s law will govern the agreement, typically incorporating the Carriage of Goods by Sea Act into the charter. See CHARTERPARTY; CARRIAGE OF GOODS BY SEA ACT . [Cases: Shipping 39(1). C.J.S. Shipping §§ 85, 88, 9.]
fire insurance
An agreement to indemnify against property damage caused by fire, wind, rain, or other similar disaster. [Cases: Insurance 1009. C.J.S. Insurance §§ 5, 7.]
dysnomy
dysnomy (dis-n[schwa]-mee), n. [fr. Greek dys “bad” + nomos “law”] The enactment of bad legislation. Cf. EUNOMY.
logographus
logographus (log-[schwa]-graf-[schwa]s), n. [Latin fr. Greek] Roman law. A bookkeeper or public clerk.