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rescission |
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rescission (ri·siˑ·zh
 n),n the termination of a contract, either by a party legally entitled to do so or by court order. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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No references found | First, foreseeing the possibility of rescission by counterparties, promisors will invest to enhance the quality of performance, thereby reducing the likelihood that the rescission right is triggered. Under this agreement, we are waiving certain of our rescission rights on loans subject to the agreement and the customer is contributing to the cost of claims that we pay on these loans. Lawyers for certain buyers have argued that CRP/Extell came up with the typo argument to cover for an intentional lack of a one-year window and allege the developers conspired with Stroock & Stroock & Lavan to prevent the buyers from exercising their rescission rights. |
Rescission Right |
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