executory - significado y definición. Qué es executory
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Qué (quién) es executory - definición

Executory Contract; Executory contracts; Executory; Installment contract; Mersey Steel and Iron Company, Ltd. v. Naylor, Benzon & Co.

executory         
adj. something not yet performed or done. Examples: an executory contract is one in which all or part of the required performance has not been done; an executory bequest is a gift under a will which has not been distributed to the beneficiary.
Executory         
·adj Pertaining to administration, or putting the laws in force; executive.
II. Executory ·adj Designed to be executed or carried into effect in time to come, or to take effect on a future contingency; as, an executory devise, reminder, or estate; an executory contract.
executory         
a.
1.
Executive.
2.
(Law.) To be executed.

Wikipedia

Executory contract

An executory contract is a contract that has not yet been fully performed or fully executed. It is a contract in which both sides still have important performance remaining. However, an obligation to pay money, even if such obligation is material, does not usually make a contract executory. An obligation is material if a breach of contract would result from the failure to satisfy the obligation. A contract that has been fully performed by one party but not by the other party is not an executory contract. See, generally, Countryman, Vern, "Executory Contracts in Bankruptcy: Part I" (1973). Minnesota Law Review. 2459. https://scholarship.law.umn.edu/mlr/2459 and "Executory Contracts in Bankruptcy: Part II" (1974). Minnesota Law Review. 2460.https://scholarship.law.umn.edu/mlr/2460.

Ejemplos de uso de executory
1. Additionally, this existing perception of what is judicable undermines some of the fundamental concepts of Israel‘s executory systems.