Caveat Definition Contract Law

A formal notice or warning given by a party interested to a court judge or ministerial officer against the performance of certain acts within his po.

Caveat definition contract law. Caveat is the name of a notice given by a party having an interest to some officer not to do an act till the party giving the notice shall have been heard. Caveat law and legal definition. As a caveat to the register of wills or judge of probate not to permit a will to be proved or not to grant letters of administration until the party shall have been heard. Caveat is a latin term that means let him beware there are many types of caveats in law and finance with the most common being caveat emptor meaning let the buyer beware and caveat.

Notwithstanding the foregoing subparagraphs i and ii of section 8 4 a immediately above shall not be construed in any way to prohibit universal from participating in the. It is a formal notice given by a party to a court or legal authorities requesting to refrain from or suspend the proceedings. The provisions of this section 12 shall not apply to i rights and remedies which the parties may have under applicable mandatory law or as a result of the purchasers failure to pay the purchase price or any portion thereof in accordance with this agreement and the individual transfers and ii any rights and remedies of any party for fraud or wilful misconduct. Provided that universal does not materially develop any digital rights management technology for the project universal shall not publicly promote and or market the to a greater degree.

Caveat is the name of a notice given by a party having an interest to some officer not to do an act till the party giving the notice shall have been heard.