- time of the essence
When a clause in a contract (normally related to a time deadline) is made "of the essence", it means that the innocent party can claim immediately if the relevant provision is broken without having to give any notice or allow a period for compliance. This is often used where the aggrieved party wants to be able to terminate a contract for non-compliance rather than merely claiming can only normally claim damages for losses he suffers due to the delay. If a term is not of the essence, a new deadline would need to be set which would then be made of the essence.
Easyform Glossary of Law Terms. — UK law terms.
- time of the essence
EnglandA boilerplate clause that makes time limits in the contract an essential condition of the contract in relation to specified matters.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
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time is of the essence — When a clause in a contract (normally related to a time deadline) is made of the essence , it means that the innocent party can claim immediately if the relevant provision is broken without having to give any notice or allow a period for… … Law dictionary
Time is of the essence (disambiguation) — Time is of the essence may refer to:* Time is of the essence, a legal term. * Time Is of the Essence , an album title released by Michael Brecker … Wikipedia
time is of the essence — ► used to say that you should not wait or waste time before doing something important or urgent: »Environmentalists argue that time is of the essence in redirecting transportation money from roads to transit. Main Entry: ↑time … Financial and business terms
time is of the essence — The condition of performance of a contract within the time limited for performance by the terms of the contract. 17 Am J2d Contr § 332. When it is said that time is of the essence, the proper meaning of the phrase is that performance by one party … Ballentine's law dictionary
Time is of the essence — is a term in contract law which indicates that the parties to the agreement must perform by the time to which the parties have agreed if a delay will cause material harm, such as the court s interpretation in the case of Foundation Development… … Wikipedia
time is of the essence — formal phrase used for emphasizing that something should be done as soon as possible Thesaurus: ways of telling someone to hurrysynonym Main entry: time … Useful english dictionary
Time Is of the Essence — Infobox Album | Name = Time Is of the Essence Type = Studio Album Artist = Michael Brecker Released = 1999 Recorded = Genre = Jazz Length = 69:57 Label = Verve Records Producer = George Whitty Reviews = *Allmusic Rating|3|5… … Wikipedia
The Essence of Christianity — Title page, 2nd ed. (1848). The Essence of Christianity (German: Das Wesen des Christentums) is a book written by Ludwig Feuerbach and first published in 1841. It explains Feuerbach s philosophy and critique of religion. Feuerbach s theory of… … Wikipedia
The Essence of Bobby Vinton — Infobox Album | Name = The Essence of Bobby Vinton Type = Compilation Artist = Bobby Vinton Released = June 1993 Genre = Pop Label = Epic/Legacy Last album = As Time Goes By (1992) This album = The Essence of Bobby Vinton (1993) Next album =… … Wikipedia
time is of the essence — it is important to work as quickly as possible, make hay while... When you re paying $75 an hour for a lawyer s services, time is of the essence … English idioms