WebAn ipso facto clause entitles a party to immediately terminate or exercise another contractual right under a contract on the occurrence of an Insolvency Event. The entitlement of a counterparty to rely on an ipso facto clause to terminate a contract may deprive a company of any prospect of economic recovery. Webipso facto. in The Oxford Dictionary of Philosophy (2 rev) Length: 7 words. ipso facto. in Australian Law Dictionary Length: 51 words. View all related items in Oxford Reference ». Search for: 'ipso facto' in Oxford Reference ».
Ipso facto Legal Meaning & Law Definition: Free Law Dictionary
WebDec 8, 2024 · Ipso facto clauses defined. Contracts 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 ... 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 ... green worldwide shipping miami
ipso facto - Wiktionary
Webipso facto (ip-soh fact-toe)prep. Latin for "by the fact itself." An expression more popular with comedians imitating lawyers than with lawyers themselves. A simple example: "a blind … WebNov 26, 2024 · La commission préparatoire du premier concile du Vatican débâtit pour savoir si les évêques titulaires (c’est-à-dire les évêques n’ayant pas la charge d’un diocèse) avaient le droit de WebIpso facto Definition. Latin for "by the fact itself," meaning through the effect of a fact or act. In bankruptcy law, an ipso facto clause is a contract term that sets forth the … green worldwide shipping llc®