define recitals in trust - EAS
- Whereas clausesThe recitals are also known as the ‘whereas clauses.’ The recitals do not contain rights or obligations of the parties, but it merely explains or introduces the nature of or background to the contractual relationship.definitions.uslegal.com/r/recitals/
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- https://legal-dictionary.thefreedictionary.com/recital
Recital. A formal statement appearing in a legal document such as a deed that is preliminary in nature and provides an explanation of the reasons for the transaction. The recital in a deed, for example, might indicate the reasons why the owner is selling the property. …
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Recitals Legal Definition of …
2. Recitals are used to explain those matters of fact which are necessary to …
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RECIPROCAL CONTRACT, civil law. One in which the parties enter into mutual …
- https://www.merriam-webster.com/dictionary/recitals
1 a : a detailed account : enumeration a recital of names and dates b : the act or process or an instance of reciting c : discourse, narration a colorful recital of a night on the town 2 a : a …
- https://definitions.uslegal.com/r/recitals
Recitals Law and Legal Definition. Recitals refer to the "whereas" clauses that precede the main text of a contract. They provide a general idea about the contract to its reader such as, …
- https://www.lawinsider.com/dictionary/recital
Recital means each statement of the facts and/or procedural history in Section I of this Settlement Agreement. The Parties acknowledge and agree the Recitals enumerate important facts and …
- https://incorporated.zone/recitals
Recitals definition The recitals to a contract represent introductory statements where the parties generally outline their intention or provide a factual or legal background as to why they are …
- https://www.lawinsider.com/dictionary/recitals
Recitals means the recitals of this Agreement. Sample 1 Sample 2 Sample 3 Based on 60 documents Recitals. “ clauses ” or “ paragraphs ” are to recitals, clauses and paragraphs of …
- https://www.lawinsider.com/clause/trustees-deed-recitals
the recitals of facts in any instrument delivered upon completion of any sales, as described in section 6.3, above, such as the existence of a default, the giving of written notice of default and …
- https://www.lexology.com/library/detail.aspx?g=0e...
What are the recitals? Recitals are not compulsory, but are frequently included in commercial contracts to set out the background to the contract. There is no prescribed format for drafting …
- https://www.upcounsel.com/contract-recitals
Recitals can be considered as the preamble to the contract. They can be placed as the first paragraph of the contract to reference information and state that it is true and correct. Recitals …
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