stated term

See: condition
References in periodicals archive ?
Allah says that He it is Who has created you from clay and then decreed a stated term ie ajal (6:2).
The Connecticut Supreme Court cited The Dictionary of Real Estate Appraisal, sixth edition, definition of fee simple interest as "[a]bsolute ownership unencumbered by any other interest or estate, subject only to the limitations imposed by the governmental powers of taxation, eminent domain, police power, and escheat." The supreme court also cited the definition of leasehold interest as "[t]he right held by the lessee to use and occupy real estate for a stated term and under the conditions specified in the lease"; and the definition of leased fee interest as "[t]he ownership interest held by the lessor, which includes the right to receive the contract rent specified in the lease plus the reversionary right when the lease expires."
Basket contracts typically have a stated term of more than one year but may contain provisions allowing for early termination.
Even if the certificate of insurance grants this additional insured coverage, the carrier can reject the claim as not being covered in the contract, particularly if there is no stated term of the completed operations coverage.
EoACAo She is first diagnosed with a terminal illness before the last 18 months of the stated term
One reason cited in the report is the difficulty of deciding what type of insurance to buy--term insurance only provides cheap coverage at a level price for a stated term of years, and whole life insurance provides expensive coverage with an inflexible premium payment regime.
A convertible promissory note is a promissory note for the amount loaned by the friends and family, and is either paid back at the end of a stated term with interest (typically between 6% to 10%) or converts into the securities sold in a future equity financing, typically required to be preferred stock.
(1) The policy applies a stated percentage weighting to each index; these percentages stay the same over the stated term of the crediting method.
"It is a shame his sentence is not more clear, rather than relying on the assessment of the parole board as to whether he can be released after the stated term."
Where there is security of tenure, then a commercial lease will actually carry on beyond the stated term, until it is terminated in accordance with the 1954 act, but the right to remain in occupation is not absolute.
Even in London the Lord Mayor has a stated term and then an election by the people to choose the one to follow him into power.
One or more noncharitable beneficiaries receive annual or more frequent payments for a stated term not to exceed 20 years or for the beneficiary's lifetime.