Cardinal Duty definition

Cardinal Duty. As defined in paragraph 5.2.
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Cardinal Duty is a duty (1) the fulfilment of which the other Partner could legitimately rely upon and (2) (a) which in itself is a essential prerequisite for the contractual performance, or (b) a breach of which would jeopardizes the purpose of the contract.
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Examples of Cardinal Duty in a sentence

  • A cardinal duty is any obligation, the fulfillment of which is a prerequisite for enabling the proper fulfillment of the contract in the first place and in the observance of which You may normally trust ("Cardinal Duty").

  • When a Cardinal Duty is infringed, except for the foregoing cases, the Partners' liability is limited to damage which is foreseeable in view of the given contract and duty.

Related to Cardinal Duty

  • Active duty means full-time duty status in the active, uniformed services of the United States, including without limitation members of The National Guard and Reserve on active duty orders under 10 U.S.C. §§ 1209 and 1210.

  • Serviced Duty means all duties and obligations of the Sellers in a Corporate Trust Capacity under the Serviced Corporate Trust Contract related to each Serviced Appointment, in each case, other than any Retained Duty.

  • Active duty military means full-time duty status in the active uniformed service of the United States, including members of the National Guard and Reserve on active duty orders pursuant to 10 U.S.C. Chapters 1209 and 1211.

  • On duty means that a pharmacist is on the premises at the address of the permitted pharmacy and is available as needed.

  • Willful and Material Breach means a material breach that is a consequence of an act undertaken by the breaching party or the failure by the breaching party to take an act it is required to take under this Agreement, with knowledge that the taking of or failure to take such act would, or would reasonably be expected to, result in, constitute or cause a breach of this Agreement.