Open Ontologies

ONTOLOGY EXPLORER

collateral agreement

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<https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Contracts/CollateralAgreement>

プロパティと値

プロパティ値
typeClass
label"collateral agreement"
subClassOfWrittenContract
subClassOf_:c14n1330
subClassOf_:c14n1400
subClassOf_:c14n196
definition"written contract related to another contract designed to provide clarity and additional protection for all parties involved, that is separate from the primary contract and that can be independently enforced"
example"Examples may be related to leases, to clarify responsibilities with respect to maintance and repair, to partnerships, clarifying how disputes should be resolved, loan agreements such as deeds of trust, covering the conditions under which the collateral would be forfeited, and uniform commercial code (UCC) agreements."
explanatoryNote"In cases where there are discrepancies between the collateral agreement and primary contract, the primary contract, which may be a master agreement, for example, takes precedence."

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