A legally binding agreement can be made subject to one party being able to deliver on certain conditions.
Conditions and Deliverables:
"Subject to" Clauses: Agreements often include clauses that make certain obligations or the entire agreement contingent on a specific event or condition. These clauses must be clear and unambiguous to avoid disputes.
Best Endeavors:If a party is obligated to use "best endeavors" to achieve something, it means they must take all reasonable steps to fulfill the obligation.
Reasonable Endeavors:"Reasonable endeavors" implies a slightly lower standard than "best endeavors," requiring the party to take steps that a reasonable person would take in the circumstances.
MTM Price at posting:
64.5¢ Sentiment: Buy Disclosure: Held
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