bilateral contract


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Related to bilateral contract: quasi contract, unilateral contract, executed contract
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Noun1.bilateral contract - a contract involving mutual promises (each party is both promisor and promisee)bilateral contract - a contract involving mutual promises (each party is both promisor and promisee)
contract - a binding agreement between two or more persons that is enforceable by law
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Napocor), 115 MW of which is currently contracted to serve bilateral contract agreement to Napocor, with the remainder of 320 MW is the uncontracted capacity for ancillary service.
When asked about the upcoming tour of West Indies, the PCB chief said that the five-year bilateral contract for three-match T20I series, where the Caribbean giants would travel to Pakistan and then the latter would travel to the US for a tri-lateral series has been revised.
The project will be executed using a partnership model based on a bilateral contract between the two cities, the construction group, and the project design team, which comprises Ramboll Finland, Sito, and VR Track.
Broxburn has no debt financing and benefits from a bespoke bilateral contract with National Grid Electricity Transmission plc to provide dynamic, two-way grid balancing services.
The bilateral contract entered into between parties therefore forms the crux of the issue.
But the bilateral contract was based on a price for the natural gas which was way below market levels.
The carriage contract is a bilateral contract, that is a contract where parties mutually undertake obligations towards each other, and their obligations are interdependent, so that each one is both a debtor and a creditor.
A financial brokerage agreement is a bilateral contract binding to its parties, and it does not require a specific form to be valid.
According to one definition, "In its simplest form, a credit default swap is a bilateral contract between the buyer and seller of protection.
A bilateral contract is a privately negotiated instrument that establishes a price and quantity traded between the generation and demand side of the market without intervention of the system operator [12].
Was a series of letters exchanged between the parties a binding bilateral contract or was there merely an offer of an unilateral contract that could be withdrawn at any time prior to performance?

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