Agreement in principle legal definitionAgreement in Principle • April 28th, 2023
Contract Type FiledApril 28th, 2023In law, term used in a negotiation In law, an agreement in principle is a stepping stone to a contract. Such agreements with regard to the principle are usually considered fair and equitable. Even if not all details are known, an agreement in principle may, for example, outline a schedule of royalties.[1] References ^ Schatzki, Michael.