What are the consequences of failing to meet a deadline that is "of the essence"?

Executory accord as used in this section means an agreement embodying a promise express or implied to accept at some future time a stipulated performance in ... The easiest way to understand an executory interest is that it is any future interest that is not a remainder interest. However, executory interests are ... Executed or executory consideration ... Executed and executory contracts defined ... May 21, 2015 ... It's for a specified term and a specified royalty or percentage, that the oil company will pay you for the oil and gas that they get out of the ... A general receiver may assume or reject any executory contract or unexpired lease of the person over whose property the receiver is appointed. Jun 11, 2024 ... A “hedged executory contract” is another type of transaction that is eligible for integration under Code Section 988(d). A hedged executory ... Jun 13, 2024 ... An executory contract is a legal agreement in which the parties involved have ongoing duties to perform over a specific period of time. Executory costs are amounts such as insurance, maintenance, and taxes paid in connection with leased property. Executory costs are not included in minimum lease ... Jun 17, 2022 ... An Executory Contract is an Agreement in Which Each Side has at Least one. Material Unperformed Obligation at the Time of the Bankruptcy Filing. Jan 2, 2025 ... An executory contract is a legally binding agreement where both parties have ongoing responsibilities to fulfill.