WebIpso Facto Clause Law and Legal Definition. Ipso facto clause is a standard contract clause which provides for default and termination of an agreement due to a company's … WebIpso facto is a Latin phrase, directly translated as "by the fact itself", [1] which means that a specific phenomenon is a direct consequence, a resultant effect, of the action in …
Ipso Facto Clause - FindLaw Dictionary of Legal Terms
WebIpso facto clauses definedContracts often contain provisions to the effect that the contracts will terminate upon the bankruptcy or insolvency of one of the contract parties. These clauses, known as ‘ipso facto clauses’, are generally enforceable outside of bankruptcy.An example of an ipso facto clause is as follows:‘This Agreement shall ... WebApr 12, 2024 · Ipso facto definition: If something is ipso facto true , it must be true, because of a fact that has been... Meaning, pronunciation, translations and examples north lake texas stanley black and decker
Ipso Facto Definition - What Does Ipso Facto Mean?
WebAn ipso facto clause is a contractual provision that allows one party to the contract to terminate or modify the operation of the contract upon the occurrence of a specified insolvency related event (such as the appointment of an administrator, receiver or liquidator) in respect of another party. Web(a) the interpretation of a treaty; (b) any question of international law; (c) the existence of any fact which, if established, would constitute a breach of an international obligation; (d) the nature or extent of the reparation to be made for the breach of an international obligation. 3. WebJul 27, 2024 · (A) the insolvency or financial condition of the debtor at any time before the closing of the case; (B) the commencement of a case under this title; or (C) the … northlake texas time