Lexicon

‘Agreement’ is another word for the more commonly used “settlement”. For more information see ‘settlement‘.

An agreement is concluded through an offer and the acceptance thereof. Assuming that the parties want the agreement and want to declare it as such. […]

A “cease and desist” letter is a letter in which a party is asked to discontinue a particular act. Often the party concerned is asked […]

Concluding contracts does not seem like such a common problem, but in practice, it is more difficult: It is sometimes difficult, especially in ICT, to […]

A core clause is a clause in an agreement that reflects the essence of the performance. Such a core clause is “essential” to the agreement. […]

General terms and conditions are stipulations that are intended to form part of several agreements. The “normal” agreement then contains specific provisions about what has […]

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 […]

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

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 […]

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 […]

The right of suspension means that a debtor can suspend the fulfilment of his obligation until the creditor fulfils his obligation (s). Conditions A suspension […]

In principle, agreements are the basis for long-term cooperation. In some cases, however, something occurs, so that cooperation is no longer desirable and you want […]

If a debtor fails to fulfil his obligations under the agreement (falls short), the creditor can claim compensation (in the event of default), demand (still) […]

Termination is an important aspect of contracts. In the Netherlands, there is contractual freedom. This means that, in principle, everyone is free to determine the […]

An agreement is a multilateral legal act that is in principle form-free (with a few exceptions). In principle, contracts can be concluded on paper, by […]