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An executory interest is going to cut short the previous estate before it would have ended naturally. The condition that cuts short the estate is a condition ... executory adjective (ADMINISTRATIVE). relating to the arrangements for making decisions and managing businesses: Only they have the executory power to make a ... Sep 30, 2024 ... An executory contract is defined as a contract where both parties have ongoing obligations to perform under its terms. The legal definition ... executory interests. (In all cases assume an initial feoffment to uses which is executed):. [p*422] (1) “To A for life, remainder one day after A's death to ... Executory Contract. A contract under which unperformed obligations remain on both sides, or where both parties have continuing obligations to perform. For ... Mar 25, 2024 ... An executed contract is the final product of a legally binding, enforceable agreement between parties. This contract “can be in the form of a ... Oct 10, 2022 ... This article summarizes non-debtors' rights and protections in the treatment of executory contracts other than non-residential, real property leases. Days later, Svenhard's commenced a chapter 11 case and did not list the settlement agreement as an executory contract on its schedules. The pension fund filed a ... ... executed, the executory contract: (1) is considered completed; and. (2) has no further effect. (g) The appropriate use of forms published by the Texas Real ... "Residential executory real estate contract" means an installment land contract, lease option contract, or rent-to-own contract by which a purchaser acquires ...