- requirements contract
- A contract in which one party agrees to purchase his total requirements from the other party and hence it is binding and not illusory.See also output contract.
Black's law dictionary. HENRY CAMPBELL BLACK, M. A.. 1990.
requirements contract
Look at other dictionaries:
requirements contract — see contract Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. requirements contract … Law dictionary
Requirements contract — A requirements contract is a contract in which one party agrees to supply as much of a good or service as is required by the other party, and in exchange the other party expressly or implicitly promises that it will obtain its goods or services… … Wikipedia
requirements contract — A contract in which one party agrees to purchase his total requirements from the other party and hence it is binding and not illusory. See also output contract … Black's law dictionary
requirements contract — noun a contract in which you agree to purchase all your requirements of a particular sort from one party • Hypernyms: ↑contract … Useful english dictionary
requirements contract — An agreement in which a producer agrees to sell to a buyer all of a particular kind of product that the buyer needs, before the producer looks for other buyers, and the buyer agrees to buy the goods only from the producer. This kind of… … Business law dictionary
requirements contract — noun An agreement in which in which one party agrees to supply as much of a good or service as is required by the other party, and in exchange the other party expressly or implicitly promises that it will obtain its goods or services exclusively… … Wiktionary
contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… … Law dictionary
Requirements analysis — in systems engineering and software engineering, encompasses those tasks that go into determining the needs or conditions to meet for a new or altered product, taking account of the possibly conflicting requirements of the various stakeholders,… … Wikipedia
Contract bridge — Bridge declarer play Alternative name(s) Bridge Type trick taking Players 4 Skill(s) require … Wikipedia
CONTRACT — (Heb. חוֹזֶה, ḥozeh), in general law theory a legally binding agreement between two or more parties, in terms of which one party undertakes for the benefit of the other to perform or refrain from a certain act. As such, contract is the main… … Encyclopedia of Judaism
