英语词汇“collateral contract”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

collateral contract

noun Law

A subsidiary contract which induces a person to enter into a main contract or which depends upon the main contract for its existence.For all the reasons which I have already discussed, the relationship created by the letters of credit is separate from and independent of the underlying contracts, including the collateral contract pursuant to which they were opened....

It is not incorporated by a mere reference to the terms and conditions of the contract to which the arbitration clause constitute a collateral contract.
Side letters can constitute a variation of the main agreement or a collateral contract with terms distinct from those in the main agreement.

单词	collateral contract
释义	collateral contract noun Law A subsidiary contract which induces a person to enter into a main contract or which depends upon the main contract for its existence.For all the reasons which I have already discussed, the relationship created by the letters of credit is separate from and independent of the underlying contracts, including the collateral contract pursuant to which they were opened.... It is not incorporated by a mere reference to the terms and conditions of the contract to which the arbitration clause constitute a collateral contract. Side letters can constitute a variation of the main agreement or a collateral contract with terms distinct from those in the main agreement.
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