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The consideration must be executory or executed, but not past.
Every sort of legislative, judicial, or executory power are its creatures.
Otherwise, your supreme government cannot harmonize with its executory system.
In addition, it worked for executory agreements, not just normal contracts.
What sort of person is a king to command executory service, who has no means whatsoever to reward it?
A shifting executory interest cuts short someone other than the grantor.
The term executory contract assumes a specialized meaning in some areas of law.
There are two different types of executory interests: shifting and springing.
An international award therefore has substantially greater executory (legal) force than a domestic court decision.
How far is this distinction between executory and executed consideration to be regarded as relevant?
In other words, an executory interest is any future interest held by a third party that isn't a remainder.
The grantor never retains an ultimate future interest when there is an executory condition present.
Bilateral contracts are also known as contracts with executory consideration.
After the lapse of the period within which to file an appeal, Commission decisions become final and executory.
You could revoke a promise, and the concept of an executory contract was unknown.
However, an obligation to pay money, although such obligation is material, does not usually make a contract executory.
The role was somewhat vague, and had no legislative, executory or judicial powers attached to it.
However, a provision needs to be recognized if the executory contract becomes onerous to the entity.
The Act applies to suretyships and executory donations of anything but land.
Executory interests usually arise when a grantor gives property to one person, provided that they use it a certain way.
These estates were known as executory devises.
Often divided into syllables to create the executory command, sometimes even with attached prefix (3.
However a possibility of reverter does not follow a fee simple determinable subject to an executory interest.
The holder of an executory interest, however, has no standing to enforce an action for waste, since his future interest is not vested.
Acts generally take the form of legal instruments of writing that have probative value and executory force.