Examlex
When is nonperformance by a contractual party excusable?
Lease Term
The duration for which a lease agreement is effective, usually specified in months or years.
Plant Asset
Plant assets are long-term tangible assets that are used in the production or supply of goods and services, such as machinery, buildings, and vehicles.
Office Equipment
Tangible property (such as desks, chairs, computers, etc.) used in an office environment to perform work activities.
Patent
A legal right granted by a government authority to an inventor to exclude others from making, using, or selling an invention for a certain period of time.
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