Usage Examples
Filter by Meaning The defeasance clause allowed the company to terminate the contract early without penalty.
The government's defeasance plan helped to cover the costs of the natural disaster.
The purchase agreement has a defeasance clause that allows the buyer to cancel the order if the product is not delivered within the agreed timeframe.
The loan contract included a defeasance clause that allowed the borrower to pay off the loan early without penalty.
The loan contract contained a defeasance provision that allowed the borrower to use collateral to repay the loan.
The franchise agreement included a defeasance provision that allowed the franchisor to terminate the agreement if the franchisee violated any of the operational standards.
The court ordered a defeasance of the ruling due to a procedural error made during the trial.
The borrower negotiated a defeasance clause with the lender in case of a future economic downturn.
The company used defeasance to compensate for their losses in the previous quarter.
The defeasance account was audited regularly to ensure that the assets were being properly managed.
The defeasance clause in the contract allowed for termination if certain conditions were not met.
The company's defeasance plan ensured that it had enough funds to cover its losses.
The defeasance provision in the loan agreement provided the borrower with an opportunity to restructure their debt.
The defeasance provision allowed the borrower to avoid paying a prepayment penalty.
The borrower faced penalties for early defeasance of their loan.
The insurance policy included a defeasance clause to protect against financial loss.
The lender required a defeasance clause in the loan agreement to minimize their risk of financial loss.
The company was required to establish a defeasance account to guarantee the repayment of the debt.
The defeasance agreement included a requirement for the borrower to provide regular financial statements.
The plaintiff's legal team tried to challenge the defeasance argument presented by the defendant's counsel.
The defeasance trust was established to ensure that the assets were properly managed and protected.
The bank required a defeasance fund to be established to provide collateral for the loan.
The bank included a defeasance provision in the loan agreement to protect itself against potential losses.
The prosecution requested a defeasance of the acquittal, arguing that the jury was improperly influenced.
The borrower was able to negotiate a defeasance provision into their loan agreement, which gave them greater flexibility in case of financial hardship.
The lease agreement includes a defeasance provision that allows the tenant to terminate the contract early if the property is damaged beyond repair.
The issuer created a defeasance account to show the bondholders that their investment was secure.
The defeasance provision in the loan agreement specified that the borrower had to pay off the loan in full before a certain date.
The lender agreed to the defeasance of the loan as part of the negotiation process.
The defeasance provision in the loan agreement was designed to protect both the lender and the borrower in case of default.
The insurance company established a defeasance account to secure the repayment of their outstanding policyholder claims.
The defeasance account was established to guarantee the repayment of the loan.
The insurance policy specifies a defeasance condition that allows the insurer to terminate the contract if the insured fails to pay the premiums.
The company established a defeasance trust to ensure that they had sufficient assets to pay off their bonds.
The company had to execute a defeasance of the contract due to the other party's breach of terms.
The university established a defeasance agreement to secure the repayment of their outstanding debt.
The lawyer advised his client to include a defeasance provision in the contract.
The defeasance of the judgment was granted because of the defendant's right to a fair trial.
The defeasance of the agreement was completed once all parties signed the release.
The parties agreed to a mutual defeasance of the contract.
The defendant's legal team tried to establish a defeasance argument based on the statute of limitations.
The defeasance clause prevented the contract from becoming binding until certain conditions were met.
The lawyer filed a motion for defeasance of the verdict, citing misconduct by the prosecution.
The defendant's defeasance argument was not strong enough to convince the jury.
The plaintiff requested defeasance of the verdict on the grounds that the jury was biased against them.
The defeasance clause was triggered when the borrower filed for bankruptcy.
The defeasance provision in the loan agreement stated that the borrower could be released from their obligation to repay the loan if they met certain conditions.
The real estate contract includes a defeasance clause that allows the buyer to terminate the agreement under certain circumstances.
The construction contract specifies a defeasance condition that allows the contractor to terminate the agreement if the owner fails to make payments.
The court granted the plaintiff's request for defeasance of the verdict because the defendant had withheld important information.
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