The following is in a business contract, what does it mean?
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The following is in a business contract, what does it mean?
Nothwithstadnig any other provision in this Agreement, this Agreement may be terminated on the first to occur of the following:
Asked on May 16, 2009 under Business Law, Colorado
Answers:
J.M.A., Member in Good Standing of the Connecticut Bar / FreeAdvice Contributing Attorney
Answered 15 years ago | Contributor
This basically means that regardless of the other clauses/sections in the contract, the contract ends (i.e. terminates) if one of the things listed after the word "following" happens, and it doesnt matter which of those things occur first. I would have to see the contract to help you more. but this should help you.
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