contingency clause

简明释义

应变条款

英英释义

A contingency clause is a provision in a contract that specifies certain conditions or events that must be met for the contract to be binding or enforceable.

应急条款是合同中的一项规定,指定了必须满足的某些条件或事件,以使合同具有约束力或可执行性。

例句

1.The contingency clause provided a safety net for investors in case the market conditions changed drastically.

附带条款为投资者提供了安全网,以防市场条件发生剧烈变化。

2.Before signing the lease, she insisted on a contingency clause that would let her terminate the agreement if she lost her job.

在签署租约之前,她坚持要一个附带条款,如果她失业,可以终止协议。

3.The contingency clause in the merger agreement protected both parties from unforeseen liabilities.

合并协议中的附带条款保护双方免受不可预见的责任。

4.The real estate contract included a contingency clause that allowed the buyer to back out if the inspection revealed major issues.

房地产合同包含一个附带条款,允许买方在检查发现重大问题时退出。

5.He was relieved to find a contingency clause in the contract that allowed for a full refund if the event was canceled.

他很高兴在合同中发现一个附带条款,如果活动被取消,可以全额退款。

作文

In the realm of contracts and agreements, a contingency clause plays a crucial role in defining the circumstances under which certain obligations may be fulfilled or waived. Essentially, a contingency clause is a provision that outlines specific conditions that must be met for the contract to remain valid or for one party to fulfill their obligations. This clause is particularly significant in real estate transactions, where buyers and sellers often include various contingencies to protect their interests.For instance, a common example of a contingency clause in a real estate contract might stipulate that the sale is contingent upon the buyer securing financing. This means that if the buyer is unable to obtain a mortgage or loan by a specified date, they have the right to withdraw from the agreement without penalty. Such clauses provide a safety net for the buyer, ensuring that they are not locked into a purchase they cannot afford.Another example could involve a home inspection contingency. In this scenario, the buyer may include a contingency clause that allows them to conduct a thorough inspection of the property. If significant issues are discovered—such as structural damage or pest infestations—the buyer can negotiate repairs or even back out of the deal entirely. This protects the buyer from unforeseen expenses that could arise after the purchase.However, it is essential to understand that contingency clauses are not solely beneficial to buyers. Sellers can also utilize these clauses to safeguard their interests. For instance, a seller might include a contingency clause that allows them to continue showing the property until the buyer's contingencies are satisfied. This means that if another interested buyer comes along with a more attractive offer, the seller can still entertain that possibility, thereby maximizing their chances of closing a favorable deal.The importance of a contingency clause extends beyond just real estate. In business contracts, such clauses can outline conditions related to performance milestones, regulatory approvals, or other critical factors that could impact the execution of the agreement. By clearly defining these contingencies, parties can mitigate risks and ensure that they have recourse should circumstances change unexpectedly.Nevertheless, it is vital for all parties involved to carefully consider the implications of contingency clauses. While they provide protection, they can also complicate negotiations and prolong the process of reaching an agreement. Parties should strive for a balance, ensuring that their needs are met without creating excessive hurdles that could deter potential buyers or partners.In conclusion, a contingency clause is an essential element of many contracts, offering a framework for addressing uncertainties and protecting the interests of all parties involved. Whether in real estate or business agreements, understanding and effectively utilizing contingency clauses can lead to more secure and satisfactory outcomes. As the saying goes, "better safe than sorry," and incorporating well-defined contingencies is a prudent approach in any contractual relationship.

在合同和协议的领域中,意外条款在定义某些义务可以履行或免除的情况方面发挥着至关重要的作用。本质上,意外条款是一项规定,概述了必须满足的特定条件,以使合同保持有效或使一方履行其义务。此条款在房地产交易中尤为重要,因为买卖双方通常会包括各种意外条款以保护他们的利益。例如,房地产合同中常见的一个例子可能规定销售取决于买方获得融资。这意味着,如果买方在指定日期之前无法获得抵押贷款或贷款,他们有权在不受罚款的情况下退出协议。这些条款为买方提供了安全网,确保他们不会被锁定在无法承担的购买中。另一个例子可能涉及房屋检查的意外条款。在这种情况下,买方可能会包括一个意外条款,允许他们对物业进行彻底检查。如果发现重大问题——例如结构损坏或虫害感染——买方可以协商修理,甚至完全退出交易。这保护了买方免受购买后可能出现的意外费用。然而,理解意外条款并不仅仅对买方有利。卖方也可以利用这些条款来保护自己的利益。例如,卖方可能会包括一个意外条款,允许他们在买方的意外条款得到满足之前继续展示物业。这意味着,如果另一个感兴趣的买家提出更具吸引力的报价,卖方仍然可以考虑这一可能性,从而最大化达成有利交易的机会。意外条款的重要性不仅限于房地产。在商业合同中,这些条款可以概述与绩效里程碑、监管批准或其他关键因素相关的条件,这些因素可能影响协议的执行。通过明确定义这些意外情况,各方可以减轻风险,并确保在情况意外变化时有追索权。尽管如此,所有参与方都必须仔细考虑意外条款的影响。虽然它们提供保护,但也可能使谈判复杂化,并延长达成协议的过程。各方应努力寻求平衡,确保他们的需求得到满足,同时又不会造成过多的障碍,从而可能阻碍潜在买家或合作伙伴。总之,意外条款是许多合同的重要组成部分,为解决不确定性和保护所有相关方的利益提供了框架。无论是在房地产还是商业协议中,理解和有效利用意外条款可以导致更安全和令人满意的结果。正如俗话所说,“宁可安全,也不要后悔”,在任何合同关系中纳入明确的意外条款是一种明智的做法。

相关单词

contingency

contingency详解:怎么读、什么意思、用法

clause

clause详解:怎么读、什么意思、用法