Examlex
A "red herring" is the popular name given to a final prospectus under the 1933 Act.
Original Parties
The entities or individuals who enter into a contract or legal agreement initially, before any assignments or transfers.
Fundamental Breach
A severe violation of a contract that permits the aggrieved party to terminate the agreement and possibly seek compensation for damages.
Exemption Clause
A contractual term that limits one party's liability for breach of contract, negligence, or other unforeseen circumstances.
Extra Consideration
An additional benefit or payment required to finalize an agreement or contract, beyond the initially agreed terms.
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