Lexicon

Sometimes a legal act is voidable. This means that a legal act can be declared invalid by a party. For example, a legal act is […]

Termination of an agreement that does not comply with the rules laid down for such termination is an “irregular termination”. Consider a cancellation without observing […]

Key performance indicators (abbreviated: KPIs) are variables that can be used to measure and analyze essential performance. SLA A good SLA contains service levels associated […]

KPIs is short for Key Performance Indicators. For more information see Key Performance Indicators.

The law of obligations is an area of ​​private law. This jurisdiction deals with all types of commitments. It encompasses both contract law and all […]

A legal act is an act of fact particularly aimed at a specific legal consequence. One-Sided or Multi-Sided A distinction can be made between a […]

A Letter of Intent (LOI) is a written overview of the most important conditions of a yet to be concluded business agreement. A Letter of […]

A license agreement is an agreement that grants a right of use to a particular object. Licenses are often granted with regard to for example […]

The limiting effect of reasonableness and fairness is a synonym of the derogating effect. For more information see derogating effect. 

LOI is short for Letter of Intent. For more information see Letter of Intent.

A mandate agreement in which one party, the agent, commits itself to perform legal acts for the agent, towards the other party, the principal, is […]

Partijen zijn in beginsel gehouden de verplichtingen die zij over en weer in het contract hebben neergelegd na te komen. Indien één van de partijen […]

Negotiation is the process by which at least two parties try to reach an agreement through proposals and counter-proposals. Negotiations can, for example, take place […]

If a result does not meet the expectations, there may be so-called non-compliance. This requires that the result, having regard to the nature of it […]

A notarial deed is a written document drawn up and signed by the parties at the notary. A notarial deed is an official deed and […]

It is annoying if someone does not fulfil their contractual obligations. Depending on the case, a notice of default is required to take action against […]

The notice period is the period that the parties must observe when terminating the agreement.

An obligor is another word for a debtor. For more information, see debtor.

Bij een opdracht verricht de opdrachtnemer werkzaamheden voor de opdrachtgever zonder dat sprake is van een arbeidsovereenkomst. De overeenkomst van opdracht wordt geregeld in artikel 7:400 […]

Outsourcing is de term die wordt gebruikt wanneer een organisatie een activiteit uitbesteedt aan een derde partij. Met outsourcing in de IT wordt meestal bedoeld het overbrengen van een […]

Een overeenkomst is een meerzijdige rechtshandeling. Dat wil zeggen dat één of meer partijen een verbintenis aangaan met één of meer andere partijen. Overeenkomsten komen tot stand door […]

A penalty clause is a provision in which it is stipulated that if a party fails to fulfil its obligations, a penalty is due. Moderation […]

An obligation to provide information applies to general terms and conditions: the user of the general terms and conditions must offer the other party a […]

By means of a power of attorney, a proxy can grant an authorized representative the power to perform certain legal acts on his or her […]

The pre-contractual phase is the phase of negotiations that precedes the actual conclusion of a contract. There is no offer and acceptance yet. The relations […]